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

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The US-Israeli Karyopharm Company has received approval from the FDA fpr a cance drug

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

The US-Israeli Karyopharm Company has received approval from the US Food and Drug Administration (FDA) for the marketing of the drug XPOVIO. The company's stock is up about 5% in Wall Street...

IKEA Israel extends the vacation without pay of hundreds of workers for another 2 months

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

IKEA Israel is conducting a series of streamlining measures: The home furnishings network extends the vacation without pay of hundreds of its employees for another two months following the Corona...

agreed: terms of employment of kindergartens teachers this July

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

The Histadrut and the Local Government Center reached agreements tonight that regulate the terms of employment of kindergartens in the local authorities this July, and until 6 August. According to...

The finance committee approved Prime Minister Benjamin Netanyahu's tax benefits amounting to NIS 1 million

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

The finance committee approved Prime Minister Benjamin Netanyahu's tax benefits amounting to NIS 1 million. A short time ago, the commission confirmed that the state would pay NIS 600,000 in...

Microsoft acquired Israeli CyberX and paid for it more than $ 150 million

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

Microsoft approves acquisition of Israeli CyberX. The details of the transaction were not disclosed, but the deal is estimated to be slightly more than $ 150 million. CyberX was founded in 2013...

launched: an economic aid program of NIS 100 million for students in need

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

Finance Minister Israel Katz, Minister of Higher Education and Complementary Ze'ev Elkin, Chair of the Higher Education Council for Budget and Professorship Prof. Yaffe Zilbershatz and Lottery...

contaminated vehicle that is not marked with a designated label will pay NIS 500 per individual

Posted on Jun 22, 2020 by Ifi Reporter - Dan Bielski

The Constitutional Committee today approved an amendment to the total fines that would be imposed on diesel-powered cars that would be defined as polluting the environment. According to the new...

Nielsen Innovate Investment Fund will invest NIS 2 million in Israeli startup Pudding

Posted on Jun 21, 2020 by Ifi Reporter - Dan Bielski

The Nielsen Innovate Investment Fund from Caesarea, which invests in young companies engaged in technology development for the worlds of advertising, marketing, media and retail, has announced a...

The Ministry of Economy will allocate NIS 100 million to implement advanced production technologies

Posted on Jun 21, 2020 by Ifi Reporter - Dan Bielski

The Ministry of Economy and Industry will allocate NIS 100 million to implement advanced production technologies in the Corona era. The Ministry of Economy Investment Authority will allocate the...

Dropbox unveiled several new features to help users keep life organised

Posted on Jun 21, 2020 by Ifi Reporter - Dan Bielski

Dropbox unveiled several new features to help users keep life organised and keep work moving. Life has become more chaotic than ever, with work and home tasks blending together like never...

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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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