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

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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...

Netanyahu supports the promotion of a bill that will postpone the budget approval date by100 days

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

Prime Minister Benjamin Netanyahu and Knesset Speaker Yariv Levin decided last night (Sunday) to support the promotion of a bill by MK Zvi Hauser (Derech Eretz) that will postpone the budget...

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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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