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

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Israir: $ 40 million loss in the first Q of 2020

Posted on Jun 30, 2020 by Ifi Reporter - Dan Bielski

A $ 40 million loss to Israir in the first quarter of 2020, according to its reports released on Tuesday, compared with $ 5 million in the same quarter last year, while having to reduce $ 30...

Isracard continues to improve its liquidity: signed credit agreementד totaling NIS 2.6 billion

Posted on Jun 29, 2020 by Ifi Reporter - Dan Bielski

Isracard continues to improve its liquidity level and diversify its sources of financing upon termination of separations from Bank Hapoalim; Over the past few months, the company has signed credit...

Reuven Krupik was elected chairman of Bank Hapoalim

Posted on Jun 28, 2020 by Ifi Reporter - Dan Bielski

Reuven Krupik was elected chairman of Bank Hapoalim. Krupik was elected to the post after the bank chairman Oded Eran passed away last week. Krupik was appointed interim chairman after a few weeks...

Partner Group has connected the city of Eilat to its fiber national infrastructure

Posted on Jun 27, 2020 by Ifi Reporter - Dan Bielski

Partner Group has connected the city of Eilat to its partner fiber national infrastructure, and from today thousands of residents can connect to surf speeds of up to 1,000 megabytes. Eilat Mayor...

agreement: provide special compensation for employees of public health laboratories due to Corona crisis

Posted on Jun 26, 2020 by Ifi Reporter - Dan Bielski

The Histadrut and the Treasury have concluded an agreement to provide special compensation for employees of public health laboratories and government hospitals, who carry out the tests to detect...

Electreon delivered a 150% return from the beginning of the year

Posted on Jun 26, 2020 by Ifi Reporter - Dan Bielski

Electreon, which operates in the wireless charging of electric vehicles using "smart road" technology, is one of the hottest stocks on the stock exchange - it delivered a 150% return...

Ministry of Communications: uniform price for fiber-optic web-based services

Posted on Jun 26, 2020 by Ifi Reporter - Dan Bielski

The Ministry of Communications has decided on a uniform price for fiber-optic web-based services. The goal is to prevent some players from lowering prices in demand areas and raising prices where...

Director of the Ministry of the Environment: halt to the establishment of polluting gaseous power plants

Posted on Jun 25, 2020 by Ifi Reporter - Dan Bielski

The director of the Ministry of the Environment, David Yahalomi, calls for a halt to the establishment of polluting gaseous power plants around the country, and to establish integrated renewable...

The Supervisor of Banks urges banks' management to act sensitively in debt collection process

Posted on Jun 24, 2020 by Ifi Reporter - Dan Bielski

The Supervisor of Banks, Yair Avidan, approached the banks' management, urging them to act sensitively in the debt collection process towards clients who had difficulties following the Corona...

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...

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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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