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

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Czech republic decided to purchase Raphael's Spider system

Posted on Sep 26, 2020 by Ifi Reporter - Dan Bielski

Czech Defense Minister Lubomir Matner announced today that after examining seven air defense systems from nine manufacturers, the Czech Republic has decided to purchase Raphael's Spider system...

Friday: daily record since the beginning of the year in credit card purchases in food chains

Posted on Sep 26, 2020 by Ifi Reporter - Dan Bielski

Although the supermarkets will remain open during the second closure, according to data from Shebaa (Automatic Bank Services), the operator of the national credit card payment system, yesterday...

The Israeli Association of Advanced Industries: Biomed companies are vital enterprises

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

The Israeli Association of Advanced Industries IATI has issued an urgent letter to the Prime Minister of Corona, the Ministers of Economy, Health and Science and other government bodies in which...

Knesset plenum approved on first reading the closure regulations by a majority of 36

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

The Knesset plenum approved on first reading the closure regulations by a majority of 36 supporters against 32 opponents. Among the opponents - MKs Miki Haimovich, Ram Shefa and Yaakov Litzman....

IAI has signed an agreement to acquire 50% of BlueBird Aero Systems

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

The "arms race" between IAI, Rafael and Elbit in the UAV field continues: IAI has signed an agreement to acquire 50% of BlueBird Aero Systems, with an investment of tens of millions...

OECD: 2020 is a year of "deep shock" in the Israeli economy

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

2020 is a year of "deep shock" in the Israeli economy, which is reflected in a sharp and unprecedented decline in GDP, accompanied by a "severe injury" to employment; The...

Education conflict: parents demand to open kindergartens - Teachers oppose

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

The issue of education in kindergartens and lower grades is controversial, against the background of parents' demand to open them, as long as the private sector continues to work. The...

Israel joins the East Mediterrranean Gas Forum

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

Energy Minister Yuval Steinitz this morning signed Israel's accession to the regional gas forum. The ceremony was supposed to take place in Cairo, however due to the corona plague was held at...

Bank of Israel: Banks will be allowed to reduce the activity of the branch network

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

Gradually returning to the stricter restrictions from the first closure also in the financial field. In order to maintain public health and the health of employees, the Bank of Israel yesterday...

Regulations combined occupancy restrictions of up to 50% on the Israel Railways and the busses

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

The Knesset's Economics Committee approved the final regulations for the operation of public transportation systems during the closure period. The regulations combined occupancy restrictions...

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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 →

IAI to Award Bonuses to 14,000 Employees After Record Profits

Mar 18, 2026 by Ifi Reporter - Dan Bielski

Israel Aerospace Industries (IAI) will grant bonuses to approximately 14,000 employees following a year of record financial performance, the company announced after reaching an agreement with workers’ representatives. Each employee will receive a flat bonus of NIS 6,555 in... Continue reading →

IAI to Award Bonuses to 14,000 Employees After Record Profits

Mar 18, 2026 by Ifi Reporter - Dan Bielski

Israel Aerospace Industries (IAI) will grant bonuses to approximately 14,000 employees following a year of record financial performance, the company announced after reaching an agreement with workers’ representatives. Each employee will receive a flat bonus of NIS 6,555 in... Continue reading →

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