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

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Housing prices in Tel Aviv have reached a new high this year - rental prices rose by 9.5%

Posted on Jan 4, 2021 by Ifi Reporter - Dan Bielski

Since the beginning of the Corona crisis, it has been believed that mortgage rates will fall and that many will sell the apartments they own so that the supply of apartments will be large....

21 residents and staff members of a nursing home in Bat-Yam were infected with Corona

Posted on Jan 2, 2021 by Ifi Reporter - Dan Bielski

21 residents and staff members were evacuated today (Saturday) from the Neve Babov nursing home in Bat Yam after being diagnosed with corona, a few days after being vaccinated against the virus....

Rami Levy will acquire Israir for NIS 162 million - Moti Ben Moshe demands a new round of bids

Posted on Dec 31, 2020 by Ifi Reporter - Dan Bielski

Rami Levy and BGI have already enjoyed an increase in their shares, after IDB bondholders voted by a 75% majority in favor of their offer to acquire Israir for NIS 162 million. However, it now...

On the last day of the 2020 Knesset Finance Committee approved the transfer of NIS 3.5 billion from target to target

Posted on Dec 31, 2020 by Ifi Reporter - Dan Bielski

On the last day of the 2020 budget year, at noon, 9 MKs (out of 17) in the Knesset Finance Committee approved, in less than three hours, the transfer of NIS 3.5 billion from target to target...

Isracard is preparing for 200 layoffs, about 14% of the total number of employees

Posted on Dec 31, 2020 by Ifi Reporter - Dan Bielski

Isracard is preparing for the official inauguration of Tamar Yasur as chairman of the company, and is cleaning stables: Today the credit card company announced that the company's board of...

428 people out of 15,144 vaccinated who underwent corona testing were found positive

Posted on Dec 31, 2020 by Ifi Reporter - Dan Bielski

428 people out of 15,144 vaccinated who underwent corona testing were found to be positive. This is according to data from the Ministry of Health. The ministry stated that "this is not a...

The Consumer Protection and Fair Trade Authority opposes intention to close down the 2nd and 3rd generation cellular networks

Posted on Dec 31, 2020 by Ifi Reporter - Dan Bielski

The Consumer Protection and Fair Trade Authority opposes the Ministry of Communications' intention to close down the 2nd and 3rd generation cellular networks, without a mechanism that would...

3 patent attorneys are establishing an office in the field of intellectual property: we will not forget social awareness

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

Three senior patent attorneys are establishing a new office in the field of intellectual property in Israel. "We are embarking on a new path, as a skilled team, with shared professional...

July-September: An increase of 9% in apartment purchase: 25,800

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

According to the data, in July-September this year the number of transactions in the free real estate market (excluding sales as part of the price per occupant and target price) was 25,800...

an underground reservoir that excess rainwater will be installed in the power plant in Kiryat Gat

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

An initial project in Israel of an underground reservoir that will absorb the excess rainwater will be installed in the new power plant being built in Kiryat Gat in order to absorb the rainwater...

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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 →

Why AI Adoption on the Factory Floor Is Far More Complicated Than a Successful Demo

Aug 25, 2026 by Ifi Reporter - Dan Bielski

The integration of artificial intelligence (AI) has become a major priority for technology companies and startups. Yet when AI solutions move from development environments to the physical factory floor, the reality can be considerably more complex.... Continue reading →

SACHEK NA Introduces New 3D Plastic Puzzle Collection Featuring Iconic Cars

Aug 25, 2026 by Ifi Reporter - Dan Bielski

Israeli toy and puzzle company SACHEK NA, owned by Meir Klughaft and Yossi Bar-On, is introducing a new collection of 3D plastic vehicle puzzles, combining traditional puzzle assembly with three-dimensional model building. From Porsche and Ferrari to the Harry Potter Bus The new... Continue reading →

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