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

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Compromise: allowed some end-of-semester exams on campus

Posted on Jul 9, 2020 by Ifi Reporter - Dan Bielski

The Council for Higher Education and the universities on Thursday accepted the Student Union compromise proposal, which will allow for some end-of-semester exams on campus - and not remotely. This...

The Corona epidemic has so far taken the lives of some 2,200 Jews around the world

Posted on Jul 9, 2020 by Ifi Reporter - Dan Bielski

The Corona epidemic has so far taken the lives of some 2,200 Jews around the world, not including North America, the former Soviet Union and Israel. Herzog said that in a number of places there is...

2nd Q: Start-ups in Israel raised $ 2.5 billion in 170 deals - up 33%

Posted on Jul 8, 2020 by Ifi Reporter - Dan Bielski

Corona has not yet reached the startups in Israel, according to the IVC ZAG report. Start-ups in Israel raised $ 2.5 billion in 170 deals: up 33% compared to the number of transactions in the...

Mizrahi Tefahot Bank launches a "reverse mortgage" loan route which resulsts in a monthly grant

Posted on Jul 8, 2020 by Ifi Reporter - Dan Bielski

Banks begin to squander to pensioners with apartments: After a long pilot that lasts for almost a year, Mizrahi Tefahot Bank launches a "reverse mortgage" loan route, which allows the...

Histadrut declared a general labor dispute in the aerospace industry due to their intention to lay off 900 employees

Posted on Jul 8, 2020 by Ifi Reporter - Dan Bielski

The Histadrut declared a general labor dispute in the aerospace industry. This is at the request of Histadrut Arnon Bar-David, following the scandalous decision of the company's board of...

El Al: 1,300 maintenance and administrative employees will be laid off or will voluntarily retire

Posted on Jul 8, 2020 by Ifi Reporter - Dan Bielski

Representatives of the maintenance and administrative staff signed new employment agreements with the company, joining the stewards he had signed two weeks ago. Under the agreement, about 1,300...

El Al's Board of Directors decided: The company is on its way to nationalization

Posted on Jul 6, 2020 by Ifi Reporter - Dan Bielski

El Al's Board of Directors decided: The company is on its way to nationalization. At a meeting today, the board approved the outline proposed by the Treasury. The outline includes a $ 250...

HOT will be allowed to offer consumers services and Internet infrastructure

Posted on Jul 6, 2020 by Ifi Reporter - Dan Bielski

The Ministry of Communications has allowed the cable company to offer consumers services and Internet infrastructure for the company. For the first time, HOT will be able to market packages that...

The Beit Shemesh engine plans to summon 92 employees for a hearing prior to layoff

Posted on Jul 6, 2020 by Ifi Reporter - Dan Bielski

The Beit Shemesh engine company, controlled by the Fimi Foundation, has announced to the Histadrut that it plans to summon 92 of its employees - ie 12% of the workforce at the Beit Shemesh plant...

Israel Post offers for the first time, a mobile package for NIS 16 per month

Posted on Jul 5, 2020 by Ifi Reporter - Dan Bielski

Israel Post Company has signed an agreement with Golan Telecom, under which it will offer, for the first time, a mobile package at the post offices, for only NIS 16 per month, under the "Post...

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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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