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

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Klil Appoints Kobi Levy as CEO to Drive Growth and Innovation

Posted on Jul 9, 2025 by Ifi Reporter - Dan Bielski

Klil , the largest aluminum and window company in the Israeli economy , has appointed Kobi Levy as its new Chief Executive Officer . Levy brings decades of leadership experience from some...

Colmobil Energy Unveils Innovative Renewable Solutions at Kibbutz Energy Conference

Posted on Jul 9, 2025 by Ifi Reporter - Dan Bielski

At the Annual Energy Conference for Kibbutzim , held this year at Kibbutz Maagan Michael , Tehila Bar Or , VP of Business Development at Colmobil Energy , outlined a series of practical and...

Wizz Air and United airlines Announce Early Return to Israel

Posted on Jul 8, 2025 by Ifi Reporter - Dan Bielski

Hungarian low-cost carrier Wizz Air will resume flights to Israel earlier than expected, returning on August 8 , airline sources confirmed on Tuesday. The move comes amid a gradual...

Tel Aviv Man Accused of Spying for Iran: Prosecutors Prepare Indictment

Posted on Jul 7, 2025 by Ifi Reporter - Dan Bielski

The Tel Aviv District Police and the Shin Bet (Israel Security Agency) have completed their investigation into Or Beilin , a 27-year-old Tel Aviv resident, who is suspected of carrying out...

Missile Fired from Yemen Intercepted Over Dead Sea Area; No Casualties Reported

Posted on Jul 6, 2025 by Ifi Reporter - Dan Bielski

 A missile launched from Yemen by Houthi forces was intercepted overnight by Israeli defense systems, the IDF confirmed early Sunday morning. The incident triggered air raid sirens...

Chairman of Foreign Construction Corporations Urges Immediate Cancellation of Population Authority's Plan

Posted on Jul 6, 2025 by Ifi Reporter - Dan Bielski

The government approved the new business grants program of Prime Minister Benjamin Netanyahu and Finance Minister Israel Katz. The program, dubbed "Braking for Growth," extends some of...

Caesar Premier Hotel Chain Launches All-Inclusive Summer Promotion: "The Action Is Included"

Posted on Jul 6, 2025 by Ifi Reporter - Dan Bielski

The Caesar Premier hotel chain has launched its new summer 2025 campaign, “The Action is Included,” offering hotel guests free access to leading attractions across its hotels...

Maj. Gen. (res.) Yoav "Poly" Mordechai Questioned Under Caution in Qatar-Linked Bribery Affair

Posted on Jul 3, 2025 by Ifi Reporter - Dan Bielski

Maj. Gen. (res.) Yoav (Poly) Mordechai , former IDF Coordinator of Government Activities in the Territories (COGAT), was questioned under caution over a month ago in connection with a...

Ituran Report: Vehicle Thefts in Israel Drop 3% in First Half of 2025

Posted on Jul 2, 2025 by Ifi Reporter - Dan Bielski

A new report by Ituran , based on a nationwide sample of 935,000 vehicles , reveals a 3% decrease in vehicle thefts across Israel in the first half of 2025 compared to the same period last...

ational Full Contact Karate Championship to Honor Fallen IDF Officer Capt. Eden Provisor

Posted on Jul 2, 2025 by Ifi Reporter - Dan Bielski

The Israeli Full Contact Karate Championship will take place today at Mosinson High School in Hod Hasharon , in memory of Captain Eden Provisor , an IDF officer who fell in battle during...

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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 →

L’Oréal Signs 50-Year Global License Agreement for Gucci Beauty

Jul 15, 2026 by Ifi Reporter - Dan Bielski

L’Oréal has signed an exclusive worldwide 50-year license agreement to create, develop, and distribute fragrance and beauty products under the Gucci Beauty brand, strengthening its position in the global luxury beauty market. The agreement follows the previously... Continue reading →

Mul-T-Lock Partners With Ruach Nashit to Promote Women's Economic Independence

Jul 15, 2026 by Ifi Reporter - Dan Bielski

Mul-T-Lock , a leading Israeli security solutions company, has joined forces with Ruach Nashit (Women's Spirit), an organization dedicated to promoting economic independence among women survivors of domestic violence. The partnership aims to support women in rebuilding their lives... Continue reading →

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