Financial and economic News from israel - Economic World by Dan Bielski

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Black Friday sales in the United States broke a new record - about $ 9 billion

Posted on Nov 28, 2020 by Ifi Reporter - Dan Bielski

Black Friday sales in the United States broke a new record - about $ 9 billion. The Americans seem to have coveted the shopping on the websites instead of storming the regular stores and...

Bank of Israel intervened in the foreign exchange market and purchased hundreds of millions of dollars

Posted on Nov 27, 2020 by Ifi Reporter - Dan Bielski

Following the appreciation of the shekel, the Bank of Israel intervened in the foreign exchange market and purchased hundreds of millions of dollars. Even after the acquisitions, the dollar...

Black Friday promotions: Israelis are storming the web with an increase of 18% in shopping

Posted on Nov 27, 2020 by Ifi Reporter - Dan Bielski

The shopping frenzy has begun: the culmination of the November discount celebrations that took place today (November 27) with the Black Friday promotions - and Israelis are ironing out credit....

Teva was fined 60 million euros by the European Union - "We will appeal"

Posted on Nov 27, 2020 by Ifi Reporter - Dan Bielski

Teva was fined 60 million euros by the European Union, in light of an agreement signed between it and Seflon in 2005 and ended in 2011, when Teva acquired Seflon for $ 6.8 billion in cash. The...

Or Akiva Mayor and former Minister Yaakov Edri is suspected of rape

Posted on Nov 25, 2020 by Ifi Reporter - Dan Bielski

Developments in the investigation into the corruption case in which Or Akiva Mayor and former Minister Yaakov Edri and his partner Yehezkel created a mechanism in which various businessmen...

in coping with the Corona pandemic: Israel is graded in 21st place

Posted on Nov 25, 2020 by Ifi Reporter - Dan Bielski

The spread of the corona plague around the world has challenged accepted perceptions about which countries are best able to cope with a severe health crisis. Developed countries like the US and...

Vanti Analytics today announced a $4.5 million seed funding round

Posted on Nov 24, 2020 by Ifi Reporter - Dan Bielski

 Vanti Analytics today announced a $4.5 million seed funding round led by Silicon Valley venture capital firm True Ventures and Israel’s More VC. The round includes...

Discount Bank's profits were cut 40% in Q3 toNIS 258 million - 540 employees will retire

Posted on Nov 24, 2020 by Ifi Reporter - Dan Bielski

Discount Bank's profits in the third quarter of 2020 were cut by 40% compared to the corresponding quarter last year, mainly due to non-recurring items. The bank's net profit for the...

The crisis in the economy signaled a 74% drop in Elbit's earnings - the profit amounted to $ 17 million

Posted on Nov 24, 2020 by Ifi Reporter - Dan Bielski

The crisis in the economy signaled a 74% drop in the company's earnings based on US GAAP in the past quarter, compared to the same quarter in 2019 - to $ 17 million, which is 38 cents a share....

Victory earned NIS 16 million in the third quarter of 2020, an increase of 70%

Posted on Nov 23, 2020 by Ifi Reporter - Dan Bielski

A sharp increase in sales of identical stores, the opening of new branches and the outbreak of the Corona virus led to a strong growth in the revenues and profits of the food retail company...

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El Al Appoints Levi Halevi as New CEO; CFO Yaakov Shahar to Retire

Sep 20, 2026 by Ifi Reporter - Dan Bielski

El Al Israel Airlines announced a major leadership transition this afternoon, with the appointment of Levi Halevi as the airline’s new Chief Executive Officer . The decision was made by El Al’s Board of Directors , following the recommendation of a search committee... Continue reading →

Idit Catering of Dan Hotels Group Wins Contract to Operate Meat-Based Dining at Rafael

Mar 21, 2026 by Ifi Reporter - Dan Bielski

Idit, a catering company within the Dan Hotels Group, has won a tender to operate the meat-focused dining services for Rafael Advanced Defense Systems. Under the agreement, Idit will provide thousands of meat-based meals daily across Rafael’s sites. As part of its meat dining... Continue reading →

PR Leaders Zvi Wilder and Shira Fachter Launch Strategic Collaboration Across General and Haredi Sectors

Mar 21, 2026 by Ifi Reporter - Dan Bielski

Prominent Israeli communications advisor Zvi Wilder, owner of Wilder Public Relations, and Shira Fachter, host of the television program Vaart on Channel 13 and a leading influencer in the Haredi sector, have announced a strategic partnership to jointly manage campaigns across both the... Continue reading →

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