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

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Ofek Aerial Photography Acquires Cutting-Edge LiDAR System to Combat Wildfires and Enhance Mapping Capabilities

Posted on May 18, 2025 by Ifi Reporter - Dan Bielski

Ofek Aerial Photography , a leading Israeli company in aerial imaging and geographic mapping, announced it has acquired one of the world’s...

Colmobil Energy Wins National “Sunshine for All” Project to Install Solar Systems on 100 Homes

Posted on May 18, 2025 by Ifi Reporter - Dan Bielski

Colmobil Energy , one of Israel’s leading companies in the residential solar sector, has won a competitive bid to lead the “ Sunshine...

Former U.S. President Joe Biden Diagnosed with Aggressive Prostate Cancer

Posted on May 18, 2025 by Ifi Reporter - Dan Bielski

Former U. S. President Joe Biden , 82, has been diagnosed with an aggressive form of prostate cancer that has metastasized to the bones ,...

Ashkelon Defense Firm Reports 7% Rise in Q1 Profit Amid Soaring Military Demand

Posted on May 18, 2025 by Ifi Reporter - Dan Bielski

Ashkelon Industries, a key Israeli defense manufacturer controlled by the FIMI Opportunity Fund ( 84%) , reported a 7% increase in net profit for...

Hadas Water Company Launches Spirit-Plus: A Smart Water Bar with Shabbat-Compatible Features

Posted on May 15, 2025 by Ifi Reporter - Dan Bielski

Hadas Water Company, a leader in the Israeli market for purified water systems, has unveiled its latest innovation: the Spirit- Plus water bar....

Brickstone Offers 77% Discount on Safes for Jerusalem Day: New Robotic Safe Deposit Box Complex Set to Launch in Q2 2025

Posted on May 15, 2025 by Ifi Reporter - Dan Bielski

In celebration of Jerusalem Day, which falls on May 25, Brixton CEO Attorney Dvir Indig announced a limited- time offer: Jerusalem residents will...

YALE Launches Smart Home Security Solutions Ahead of Summer Burglary Surge

Posted on May 15, 2025 by Ifi Reporter - Dan Bielski

As the summer season approaches, so does an estimated 30% rise in home burglaries . In response, leading home security brand YALE is unveiling...

Cal Reports Record Q1 Profit Amid Surge in Overseas Transactions and Card Usage

Posted on May 14, 2025 by Ifi Reporter - Dan Bielski

Credit card company Cal concluded the first quarter of 2025 with its highest- ever quarterly net profit , driven by a strong recovery in...

International Bank Reports Q1 2025 Results: Net Profit Down 6.8% Amid Higher Tax Burden

Posted on May 14, 2025 by Ifi Reporter - Dan Bielski

The International Bank became the first Israeli bank to publish its financial results for the first quarter of 2025, reporting a net profit of...

IDF Soldier Killed in Golan Heights Car Accident During Operational Activity

Posted on May 1, 2025 by Ifi Reporter - Dan Bielski

The Israel Defense Forces (IDF) announced today that Sergeant Niv Dayag, 19, a soldier in the 890th Battalion of the Paratroopers Brigade, was killed in a car accident during an operational...

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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 →

Hadas Water Launches Under-Sink Purified Water System With Special Shabbat Mechanism

Mar 10, 2026 by Ifi Reporter - Dan Bielski

Hadas Water , one of Israel’s leading companies in the development and production of purified water bars, has introduced a new under-sink system that dispenses both hot and cold purified water and includes a unique mechanism designed for use on Shabbat.... Continue reading →

Survey: Majority of Israeli Opinion Leaders Say Rami Levy Offers Cheapest Passover Shopping Basket

Mar 10, 2026 by Ifi Reporter - Dan Bielski

A new survey conducted by the Geocartography Survey Institute found that a majority of Israeli opinion leaders believe the Rami Levy Hashikma Marketing supermarket chain offers the cheapest shopping basket for Passover. According to the survey, 62% of... Continue reading →

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