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

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Applied Materials generated revenue of $ 4.69 billion in Q4 - all-time record income in Israel

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

In the fourth quarter, Applied Materials generated revenue of $ 4.69 billion. Calculated according to GAAP, the company posted a gross profit of 45.4%, operating profit of $ 1.28 billion or 27.4%...

Israeli Fruits and vegetables were displayed with the Israeli flag in a market in Dubay

Posted on Nov 14, 2020 by Ifi Reporter - Dan Bielski

Fruits and vegetables from Israel were displayed on Saturday decorated with the Israeli flag in an official and high-rankig ceremoney held at the "FRESH MARKET" market in the Ras al-Koor...

Checkpoint unveiled a new ransomware virus whose traces lead to Iran

Posted on Nov 12, 2020 by Ifi Reporter - Dan Bielski

On Thursday, Checkpoint unveiled a new ransomware virus whose traces lead to Iran. The creators of the heresy have succeeded in harming a number of Israeli companies, including a leading law firm...

United Airlines has unveiled in Israel: check-in services without the need for human contact

Posted on Nov 12, 2020 by Ifi Reporter - Dan Bielski

United Airlines has unveiled modern technology in Israel that enables check-in services for the passenger and his luggage without the need for human contact. This is the first and only airline to...

Visa launches a new initiative that will provide financial institutions to it's Israeli Fintech partners

Posted on Nov 12, 2020 by Ifi Reporter - Dan Bielski

Visa announced the launch of Visa Fintech Partner Connect, a new initiative that will provide financial institutions and businesses in Europe and Israel with an enhanced suite of capabilities that...

An Israeli Quadcopter is authorised to monitor the spread of huge fires in the US

Posted on Nov 12, 2020 by Ifi Reporter - Dan Bielski

A breakthrough in the use of long-range quadcopters was recorded in the United States after the Federal Aviation Administration granted, for the first time in its history, a permit to operate a...

The director of the Small and Medium Business Agency appealed to freeze collecting property tax

Posted on Nov 12, 2020 by Ifi Reporter - Dan Bielski

The director of the Small and Medium Business Agency at the Ministry of Economy, Ran Koiti, this morning appealed to the heads of the municipal authorities to freeze the procedures for collecting...

Israel Railways reduces service in train traffic between Haifa and Tel Aviv

Posted on Nov 12, 2020 by Ifi Reporter - Dan Bielski

Israel Railways announced a reduction in train traffic between Haifa and Tel Aviv to a frequency of two trains per hour in each direction, since yesterday at 21:00 a train hit several wild boars...

Bread and pastries in Israel are expected to become more expensive soon

Posted on Nov 11, 2020 by Ifi Reporter - Dan Bielski

Bread and pastries in Israel are expected to become more expensive soon, following a rise in the price of flour. In a letter sent by the largest flour mills in the country to their customers, they...

Amdocs posted quarterly earnings of $ 1.23 per share - 4 cents higher than analysts expectations

Posted on Nov 11, 2020 by Ifi Reporter - Dan Bielski

Yesterday, after the close of trading in New York, Amdocs published the fourth fiscal quarter reports for 2020, in which it presented an increase in revenues and profit that exceeded market...

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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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