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

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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...

The cleantech startup UBQ Materials will produce raw material for plastic that will be produced from waste by Israeli residents

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

The cleantech startup UBQ Materials has signed an agreement with the product giant for the Mainetti fashion market, in the framework of which the company will be provided with an innovative...

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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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