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

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Black Friday promotions: Israelis are storming the web with an increase of 18% in shopping

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

The shopping frenzy has begun: the culmination of the November discount celebrations that took place today (November 27) with the Black Friday promotions - and Israelis are ironing out credit....

Teva was fined 60 million euros by the European Union - "We will appeal"

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

Teva was fined 60 million euros by the European Union, in light of an agreement signed between it and Seflon in 2005 and ended in 2011, when Teva acquired Seflon for $ 6.8 billion in cash. The...

Or Akiva Mayor and former Minister Yaakov Edri is suspected of rape

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

Developments in the investigation into the corruption case in which Or Akiva Mayor and former Minister Yaakov Edri and his partner Yehezkel created a mechanism in which various businessmen...

in coping with the Corona pandemic: Israel is graded in 21st place

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

The spread of the corona plague around the world has challenged accepted perceptions about which countries are best able to cope with a severe health crisis. Developed countries like the US and...

Vanti Analytics today announced a $4.5 million seed funding round

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

 Vanti Analytics today announced a $4.5 million seed funding round led by Silicon Valley venture capital firm True Ventures and Israel’s More VC. The round includes...

Discount Bank's profits were cut 40% in Q3 toNIS 258 million - 540 employees will retire

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

Discount Bank's profits in the third quarter of 2020 were cut by 40% compared to the corresponding quarter last year, mainly due to non-recurring items. The bank's net profit for the...

The crisis in the economy signaled a 74% drop in Elbit's earnings - the profit amounted to $ 17 million

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

The crisis in the economy signaled a 74% drop in the company's earnings based on US GAAP in the past quarter, compared to the same quarter in 2019 - to $ 17 million, which is 38 cents a share....

Victory earned NIS 16 million in the third quarter of 2020, an increase of 70%

Posted on Nov 23, 2020 by Ifi Reporter - Dan Bielski

A sharp increase in sales of identical stores, the opening of new branches and the outbreak of the Corona virus led to a strong growth in the revenues and profits of the food retail company...

approved: concessions in obtaining medical licenses for doctors immigrated to Israel

Posted on Nov 22, 2020 by Ifi Reporter - Dan Bielski

The government has approved significant concessions in obtaining medical licenses in Israel, for doctors and nurses who have immigrated to Israel. But it turns out that the decision was made...

Microsoft launches the new campus in Herzliya Pituach which covers 500,000 square feet

Posted on Nov 22, 2020 by Ifi Reporter - Dan Bielski

Microsoft announced today (Sunday) the launch of the new campus in Herzliya Pituach. The complex, which covers 46,000 square meters, will unite under one roof the employees of Microsoft Israel,...

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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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