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

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The Corona Cabinet approved a list of 3 "green states" whose returnees do not need isolation

Posted on Aug 13, 2020 by Ifi Reporter - Dan Bielski

The Corona Cabinet on Thursday approved the list of "green states" whose returnees do not need isolation. The decision applies to two groups of countries: the first includes Bulgaria,...

The credit card company Isracard presented good reports: profit of NIS 64 million

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

The credit card company Isracard presented good reports in relation to estimates that spoke of the "black second quarter". Despite the corona, the company reports revenues of NIS 477...

Approved: outline performances in open venues that can take place immediately

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

The government has approved an outline performances in open venues that can take place immediately. This, in accordance with an agreement with the Prime Minister and the Ministers of Health and...

The corona crisis hit the mall company Melisron and led it to record a net loss of NIS 187 million

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

The corona crisis hit the mall company Melisron and led it to record a net loss of NIS 187 million in the second quarter against a net profit of NIS 383 million in the corresponding period last...

Arkia is expected to immediately resume its flights on the Ben Gurion Airport-Eilat route

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

At the end of five months of shutdown and taking all its employees on unpaid leave, Arkia returns to activity. This, after the company's employees and the Histadrut reached an agreement with...

The consumer confidence index fell to minus 30% in July

Posted on Aug 10, 2020 by Ifi Reporter - Dan Bielski

The consumer confidence index fell to minus 30% in July - similar to its lowest value, measured in April 2020 during the closure period and stood at 31% -. The index values ​​range from minus 100...

Electra Group wan a tender to carry out infrastructure work at the French Hill junction in Jerusalem

Posted on Aug 10, 2020 by Ifi Reporter - Dan Bielski

Electra Group reports winning a tender to carry out infrastructure work at the French Hill junction in Jerusalem, amounting to NIS 470 million. The implementation period of the project will be...

Israel IT offers a new franchise model: with a sum of $ 150,000 an investor receive a franchise

Posted on Aug 10, 2020 by Ifi Reporter - Dan Bielski

Israel IT, part of the 107 Group, which specializes in locating and placing employees remotely at all ends of the technology spectrum, enables, for the first time in the field, the launch of a...

Israel IT offers a new franchise model

Posted on Aug 10, 2020 by Ifi Reporter - Dan Bielski

Israel IT, part of the 107 Group, which specializes in locating and placing employees remotely at all ends of the technology spectrum, enables, for the first time in the field, the launch of a...

Energy Partnership Ratio Oil Exploration refinanced it's bank debt

Posted on Aug 10, 2020 by Ifi Reporter - Dan Bielski

Energy Partnership Ratio Oil Exploration has announced the completion of refinancing of its bank debt, which was taken at the time for the development of the Whale Project. According to Ratio, the...

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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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