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

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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...

approved: Phoenix's to purchase the investment house The board of directors of Hellman Aldubi for NIS 275 million

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

The board of directors of Hellman Aldubi decided yesterday to approve Phoenix's offer to purchase the investment house for NIS 275 million. Following the acquisition, Hellman Aldubi will be...

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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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