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

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The Israeli start-up company Forter which specializes in preventing e-commerce fraud, raised $ 125 million

Posted on Nov 21, 2020 by Ifi Reporter - Dan Bielski

The Israeli start-up company Forter, which specializes in preventing e-commerce fraud, raised $ 125 million in the fifth round, led by Bessemer Venture Partners and Itai Sidon, who is one of the...

The Ministerial Committee on Privatization Affairs: approved the issuance of IAI shares

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

The Ministerial Committee on Privatization Affairs approved the issuance of IAI shares. The company's management and the Companies Authority were asked to present within 130 days the final...

Israir switched to positive EBITDA in the third quarter

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

As a result of the closure and crisis in the aviation industry, Israir switched to positive EBITDA in the third quarter, compared with negative EBITDA of $ 4.5 million in the previous quarter....

Isracard net profitin the second Q: NIS 61 million

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

The credit card company Isracard published its results for the third quarter, which were affected by the corona crisis and the second closure. The company, managed by Ron Wexler, concludes the...

Isracard net profitin the second Q: NIS 61 million

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

The credit card company Isracard published its results for the third quarter, which were affected by the corona crisis and the second closure. The company, managed by Ron Wexler, concludes the...

Only 115 plants have been connected to the natural gas grid

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

In 2005, when the law was approved to remove bureaucratic barriers and promote the connection of plants in Israel to the natural gas grid, the Ministry of Energy promised that by the end of 2020,...

Singer Eyal Golan announced the establishment of a new real estate company

Posted on Nov 17, 2020 by Ifi Reporter - Dan Bielski

Singer Eyal Golan announced the establishment of a new real estate company in partnership with real estate developers, Moti Abergil, owner of the Yaadim Group, Ran Rahmani, owner of the Rahmani...

Work accident in Ashdod: Two workers were killed in an explosion at a metal recycling plant

Posted on Nov 17, 2020 by Ifi Reporter - Dan Bielski

Work accident in Ashdod: Two workers were killed in an explosion at a metal recycling plant in the northern industrial area of ​​the city. Two other workers at the plant were injured - one...

The National Infrastructure Committee approved the promotion of a high-speed rail program from Tel Aviv to Beer-Sheva

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

The National Infrastructure Committee, headed by Interior Ministry Director General Mordechai Cohen, has approved the promotion of a high-speed rail program from Tel Aviv to Beer Sheva, so that...

Eitan Steva, a former fighter pilot will be the second Israeli astronaut in space

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

Eitan Steva, a former fighter pilot and now a businessman, will be the second Israeli astronaut in space - this was announced today (Monday) by President Ruby Rivlin and the Ramon Foundation in...

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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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