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

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More countries will be added to the list of "green" countries and will not be required Isolation when returning home

Posted on Aug 30, 2020 by Ifi Reporter - Dan Bielski

Starting at midnight, more countries will be added to the list of "green" countries, according to an update to the Public Health Order. The other countries from which Israelis will not...

The state filed a request from the court for restraining order against the teachers union eliminating their threat not to open the school year

Posted on Aug 28, 2020 by Ifi Reporter - Dan Bielski

The state on Friday filed an urgent request for restraining orders against the teachers 'union, with the aim of eliminating the labor dispute declared by the teachers' union, and forcing...

Corona implications: Israel Post lost in the 2nd Quarter NIS 163 million

Posted on Aug 28, 2020 by Ifi Reporter - Dan Bielski

The corona hits Israel Post: In the first half of the year, the company lost NIS 163 million. The corresponding period last year, the postal company lost NIS 13 million. The company's report...

A new collective agreement at Hot Mobile will apply to 250 of the company's employees

Posted on Aug 27, 2020 by Ifi Reporter - Dan Bielski

The Histadrut's Cellular, Internet and High-Tech Workers 'Union, headed by Yaki Halutzi, Chairman of the Hot Mobile Workers' Committee, Eli Cohen, and representatives of the Hot Mobile...

Analyte Renewable Energy revenues amounted to NIS 56.3 million in the second quarter

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

Analyte Renewable Energy announced its financial results for the second quarter of 2020 as part of an increase in revenue and profit. The energy company's revenues amounted to NIS 56.3 million...

Possible: submitting applications for the assistance grant to the self-employed and employees who control a company

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

The website of the Tax Authority opened up the possibility of submitting applications for the assistance grant to the self-employed and employees who control a few companies, in the amount of up...

Cellcom and Electra Consumer Products announced: The sale of Golan Telecom to Cellcom has been completed

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

Cellcom and Electra Consumer Products announced on Wednesday that the sale of Golan Telecom to Cellcom has been completed. Electra Consumer Products announced that the parties had agreed that the...

Fox fashion group surprises with NIS 90 million net profit in the 2nd quarter

Posted on Aug 25, 2020 by Ifi Reporter - Dan Bielski

The Fox fashion group, controlled by the Wiesel and Fox families, posted record profits in the second quarter of 2020 - NIS 90 million - despite the Corona crisis, and after the group's CEO...

Bank of Israel has left the basic interest rate unchanged - 0.1%

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

The Bank of Israel has left the basic interest rate in the economy at its current rate - 0.1% per year. The prime interest rate will therefore remain 1.6% per year. The interest rate decision...

851,051 jobseekers are registered - of whom 536,906 are on unpaid leave

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

The Employment Service said that as of today, 851,051 jobseekers are registered, of whom 536,906 are on unpaid leave. According to the Employment Service, "We continue to see in August a...

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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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