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

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Bank of Israel once again bought hundreds of millions of dollars to weaken the shekel

Posted on Dec 16, 2020 by Ifi Reporter - Dan Bielski

The Bank of Israel once again acted aggressively in the local currency market, in the amount of hundreds of millions of dollars - in a successful attempt, in terms of a single trading day, to stop...

Finance Minister: A new grant for the self-employed who had sufferedfrom the crisis

Posted on Dec 15, 2020 by Ifi Reporter - Dan Bielski

Finance Minister Israel Katz posted a Facebook post this morning, in which he stated that he had launched a new grant for the self-employed who had suffered a prolonged injury from the crisis....

Today: launched the payment widgets for public transportation via smartphone applications

Posted on Dec 14, 2020 by Ifi Reporter - Dan Bielski

The Ministry of Transportation will launch the payment widgets for public transportation that will be activated via smartphone applications from tomorrow (Tuesday). Customers will be able to...

Knesset: Refund for canceled flights will be made within 30 days of the flight departure

Posted on Dec 14, 2020 by Ifi Reporter - Dan Bielski

The Knesset plenum today (Monday) approved in the second and third reading the amendment to the temporary directive, according to which the refund for canceled flights will be made within 30 days...

Isolation time will be shortened to 10 days, subject to two negative tests for Corona

Posted on Dec 13, 2020 by Ifi Reporter - Dan Bielski

From next Tuesday at 8:00 in the morning, the isolation time will be shortened to 10 days, subject to two negative tests for Corona, the Ministry of Health announced. The first test will be...

Isracard launches the ANYWAY app. for advanced payments in public transportation

Posted on Dec 10, 2020 by Ifi Reporter - Dan Bielski

Isracard launches the ANYWAY app for advanced payments in public transportation. The app will eliminate the need to pre-charge the multi-line card and will allow you to pay once a month for trips...

The Ministry of Environmental Protection imposed a financial sanction of NIS 2,200,560 on "Tadbik" for pollution

Posted on Dec 10, 2020 by Ifi Reporter - Dan Bielski

The Jerusalem District Court, sitting as an administrative court, rejected Tadbik's petition against the Ministry of Environmental Protection for a financial sanction imposed on it by the...

Communication ministry: Closing of 2nd and 3rd generation cellular networks

Posted on Dec 10, 2020 by Ifi Reporter - Dan Bielski

The  communication ministry continues its activities to promote advanced broadband wireless infrastructure that will enable the provision of quality cellular services in light of the need...

regulation: Non-bank credit companies are allowed to give loans to youngsters ages 18-21

Posted on Dec 10, 2020 by Ifi Reporter - Dan Bielski

New regulations will allow non-bank credit companies to give credit to young people aged 18-21 as well, and not just over the age of 21 as currently stipulated in the law. The move was led by the...

The Bank of Israel purchased hundreds of millions of dollars: the american currency strengthen to NIS 3,252

Posted on Dec 9, 2020 by Ifi Reporter - Dan Bielski

The Bank of Israel purchased hundreds of millions of dollars yesterday, after yesterday the representative exchange rate of the dollar was set at NIS 3,248. In response, the dollar today...

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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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