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

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People are storming the malls before the closure: Thursday israelis spent NIS 1.05 billion between 10: 00-18: 00

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

Data published today by the Automated Banking Services Company, director of the national credit card payment system, show that during rush hours yesterday and this morning, there were increases in...

Elbit Systems will acquire the American company Sparton for $ 380 million

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

Elbit Systems continues to strengthen its position as a vital supplier to the US military in niche markets, with little competition and high barriers to entry. Elbit Systems will acquire the...

Intel: significant increase in the production power of its plants in Israel

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

Following several reports from Intel Global, which is considering outsourcing part of its production, the company has now announced a significant increase in the production power of its plants in...

"Israeli spyware of the Israeli NSO was used to track dozens of journalists on Al Jazeera"

Posted on Dec 20, 2020 by Ifi Reporter - Dan Bielski

The Israeli spyware of the Israeli NSO was used to track dozens of journalists on Al Jazeera and the London Al Araby channel. This is what a new report by the Citizens' Love Institute at the...

Finance Minister intends to extend the unemployment benefits beyond the end of June 2021

Posted on Dec 20, 2020 by Ifi Reporter - Dan Bielski

Finance Minister Israel Katz intends to extend the payment of unemployment benefits beyond the end of June 2021. This, until unemployment reaches 7.5% according to the CBS 'calculated...

Thousands demonstrated Saturday evening marking 6 months of Protest against Netanyahu

Posted on Dec 20, 2020 by Ifi Reporter - Dan Bielski

Demonstrations against Prime Minister Benjamin Netanyahu were held tonight (Saturday) across the country, with protesters marking six months since the outbreak of the protest. Thousands protested...

Ministry of Health announced: all countries of the world will be considered red

Posted on Dec 19, 2020 by Ifi Reporter - Dan Bielski

The Ministry of Health announced that starting tomorrow, Sunday all countries of the world will be considered red. However, the requirements will not apply to those returning from countries that...

FDA recommended that it grant emergency approval for a corona virus vaccine of Moderna

Posted on Dec 18, 2020 by Ifi Reporter - Dan Bielski

The US Food and Drug Administration (FDA) recommended tonight (Friday) that it grant emergency approval for a corona virus vaccine developed by a modern company. during the day. To date, the...

The opening of the malls caused the volume of credit card purchases to increase by 30%

Posted on Dec 18, 2020 by Ifi Reporter - Dan Bielski

The opening of the malls and end-of-year promotions are once again returning clothing and footwear purchases to a positive sentiment, with the volume of credit card purchases being almost 30%...

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...

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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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