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

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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...

Sarah Candler was appointed director of the Corporate Department of the Securities and Exchange Commission

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

The chairman of the Securities and Exchange Commission, Anat Guetta, has appointed Attorney Sarah Candler to head the Corporate Department. Attorney Candler, who currently serves as senior advisor...

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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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