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

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Ministry of Education has begun the vaccination campaign for teaching staff

Posted on Jan 10, 2021 by Ifi Reporter - Dan Bielski

The Ministry of Education has announced that it has begun the vaccination campaign for teaching staff, under the name "Operation Returns to Life in Education". The ministry intends to...

Norcom was granted a license to connect localities in the Arab sector to ultra-fast Internet services

Posted on Jan 9, 2021 by Ifi Reporter - Dan Bielski

The Ministry of Communications has granted Norcom a license in which it will connect localities in the Arab sector to ultra-fast Internet services. Ministry of Communications Director General...

The Israeli online gaming company Playtika desires ipo issue price in Nasdaq $ 22-24

Posted on Jan 8, 2021 by Ifi Reporter - Dan Bielski

The Israeli online gaming company Playtika  unveiled the desired price range for its first issue (IPO) on the US NASDAQ stock exchange, which stands at $ 22-24. The requested value is about $...

Tourism industry was mostly damaged by the Corona pandemic

Posted on Jan 7, 2021 by Ifi Reporter - Dan Bielski

The Consumer Protection and Fair Trade Authority sought to estimate, through a survey conducted among 5,515 participants, selected as a representative section of the adult population in Israel....

The volume of car imports to Israel in December approached 40,000 cars

Posted on Jan 5, 2021 by Ifi Reporter - Dan Bielski

The volume of car imports to Israel in December approached 40,000 cars and may also have passed the 45,000 car threshold - according to initial estimates by car importers. For comparison - in...

Since the beginning of the closure, the number of recipients of unemployment benefits has increased by 44,000

Posted on Jan 5, 2021 by Ifi Reporter - Dan Bielski

Since the beginning of the closure, the number of recipients of unemployment benefits has increased by 44,000. It rose from 611,000 at the beginning of the closure to 655,000. The National...

The agreement on a free trade area between Israel and Ukraine entered into force

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

The agreement on a free trade area between Israel and Ukraine entered into force on January 1, 2021. The agreement was signed by former Minister of Economy and Industry Eli Cohen and his Ukrainian...

Poalim Capital Markets completed an investment of approximately NIS 115 million in the company "Eco City S. L. Entrepreneurship

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

Poalim Capital Markets, the equity investment and investment banking arm of Bank Hapoalim under the management of Kobi Shalom, has completed an investment of approximately NIS 115 million in the...

Tene Fund signed a deal to acquire control (51%) of Haifa Chemicals for $ 300 million

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

The Tene Fund signed a deal to acquire control (51%) of Haifa Chemicals for $ 300 million. The deal was signed over the weekend and Tene, managed by Ariel Halperin, will add some of its investors...

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....

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BRICKSTONE Reports 16% Surge in Safe Deposit Box Rentals by Israelis Living in Western Europe

Oct 16, 2026 by Ifi Reporter - Dan Bielski

 BRICKSTONE, a company operating three private, high-security safe deposit facilities in Israel, has reported an approximately 16% increase over the past month in safe deposit box rentals by Israelis living in France, Germany, the United Kingdom and Belgium. The company attributes... Continue reading →

Finance Ministry Delay Threatens Entry of 50,000 Foreign Workers into Israel

Oct 16, 2026 by Ifi Reporter - Dan Bielski

A dispute over a NIS 10 million budget transfer from Israel’s Finance Ministry is reportedly holding up a government plan to increase the permitted share of foreign workers in the Israeli economy, potentially delaying the arrival of 50,000 additional workers across several key sectors.... Continue reading →

Shoofra Opens New Store at Israel’s Golden Mall, Investing NIS 1 Million

Oct 16, 2026 by Ifi Reporter - Dan Bielski

 Shoofra, the Israeli footwear retailer known for its colorful, original designs and distinctive shoe brands, has opened a new store on the newly inaugurated floor of Golden Mall in Rishon LeZion. The 170-square-meter store represents an investment of approximately NIS 1 million... Continue reading →

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