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

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CAL: efficiency program in which 60 employees will retire

Posted on Oct 18, 2020 by Ifi Reporter - Dan Bielski

The economic crisis is also coming to the credit card company CAL: the company announced today an efficiency program in which 60 employees will retire from the organization on preferential terms....

Tshuva sells 70% of Delek Israel to Lahav El Ar for NIS 525 million

Posted on Oct 18, 2020 by Ifi Reporter - Dan Bielski

The businessman ltzhak Tshuva sells 70% of Delek Israel to Lahav El Ar by Avi Levy and Eli Lahav and Uri Mansour for NIS 525 million. The transaction attributes a value of NIS 750 million to the...

Rabbi Chaim Kanievsky ordered the opening of the ultra-Orthodox educational institutions for boys

Posted on Oct 17, 2020 by Ifi Reporter - Dan Bielski

Rabbi Chaim Kanievsky, one of the leaders of the ultra-Orthodox community, tonight (Saturday) ordered the opening of the ultra-Orthodox educational institutions for boys starting tomorrow. These...

CPI slipped in September by 0.1% - housing price index fell by 0/3%

Posted on Oct 15, 2020 by Ifi Reporter - Dan Bielski

The low consumption towards and during the second closure affected the decline in the consumer price index, which fell in September by 0.1% and inflation continues to be much lower than the...

The Ministry of Finance has formulated an assistance package for discharged soldiers

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

The Ministry of Finance reports that it has formulated an assistance package for discharged soldiers who were discharged during 2020. According to the report, the Minister of Finance, Israel Katz...

Israeli syber researches: A serious security breach that reveals what is happening inside homes in the US

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

A serious security breach that created an opening for eavesdropping on what is happening inside homes in the United States has been revealed by investigators from the Israeli company Guardicore....

NY Koen Group, based in Dubai, will submit a bid to acquire Israir

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

NY Koen Group, based in Dubai, will submit a bid to acquire Israir. The company reported this this morning (Tuesday) in Dubai. The offer will be submitted by the subsidiary Aero Private Jet, which...

In 94% of kindergartens there are no Corona infected children at all

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

In 94% of kindergartens there are no sick children at all; In 53% of primary schools there are no sick children at all, and in 31% of them there are one to two sick children. This is according to...

The Expo Fund demands from the courts to open proceedings against Eldad Perry housing co.

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

The Expo Fund, a non-bank financing fund that provides credit mainly in the field of real estate, today (Monday) submitted an application to the Magistrate's Court in Rishon Lezion for an...

The government stole from the public NIS 27 million in Corona fines

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

The Center for the Collection of Fines in the Enforcement and Collection Authority has published the collection data of the fines imposed by the police for various violations of the quarantine and...

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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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