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

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126 people in Israel have been diagnosed with Corona positive since midnight Sunday

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

126 people in Israel have been diagnosed with Corona positive since midnight, out of 6,598 tests - the Health Ministry said. 209 hospitalized patients: 40 are in serious condition, including 28...

Chairman of the Board of Directors of Hapoalim Bank Oded Eran resigned because o health problems

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

Three and a half years ago, Chairman of the Board of Directors of Poalim Bank Oded Eran, announced his resignation in light of his deteriorating health situation. Two weeks ago, Eran announced an...

Teva, an importer of nutritional food compounds, filed a NIS 40 million lawsuit against Abbott

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

Teva, an importer of nutritional food compounds, filed a NIS 40 million lawsuit in Tel Aviv District Court against Abbott, an importer of infant food similac, and against the network's...

THE EMERGENCY MEDICINE ASSOCIATION CHOSE DVORA SZERER FOR THE POSITION OF SPOKESWOMAN

Posted on Jun 20, 2020 by Ifi Reporter - Dan Bielski

The Emergency Medicine Association chose Dvora Szerer for the position of spokeswoman for the organization and its public relations wife. The Department of Emergency Medicine in Israel, which is...

Israel is a fintech powerhouse with $ 1.8 billion in investment - 5th in the world in global investments

Posted on Jun 20, 2020 by Ifi Reporter - Dan Bielski

New data released by Startup Nation Central (SNC) reveals that Israel is also a fintech powerhouse. The organization reports that "2019 was a record year for Israeli fintech," with $ 1.8...

Histadrut: we will fight to prevent the dismissal of 13 farm workers

Posted on Jun 20, 2020 by Ifi Reporter - Dan Bielski

Just before returning from a leave of absence at the Tel Aviv Beit Halochem administration, most of the farm workers had been summoned before the dismissal.  These are employees who have...

"50% more referrals come to companies looking for employees"

Posted on Jun 20, 2020 by Ifi Reporter - Dan Bielski

Hundreds of thousands who have been ejected from the job market have jumped about 50% in the number of referrals that come to companies looking for employees, according to Spetz data that...

Finance Minister Israel Katz announced that he would oppose the decision of Minister of Economy Amir Peretz to raise the levy on the import of cement

Posted on Jun 19, 2020 by Ifi Reporter - Dan Bielski

Finance Minister Israel Katz announced that he would oppose the decision of Minister of Economy Amir Peretz to raise the levy on the import of cement. In a statement issued by Minister Katz, it...

Bezeq can sell integrated Internet packages - Internet infrastructure with a provider (ISP) - indefinitely

Posted on Jun 18, 2020 by Ifi Reporter - Dan Bielski

After years of wars between Bezeq and the Ministry of Communications, fresh Minister of Communications Yoaz Handel gives the monopoly what he wants: Bezeq can sell integrated Internet packages -...

The FDA revoked emergency use of the malaria drug hydroxychloroquine for COVID-19 - Israel doesn't follow

Posted on Jun 17, 2020 by Ifi Reporter - Dan Bielski

The FDA revoked emergency use of the malaria drug hydroxychloroquine for COVID-19 on Monday. In March, President Donald Trump revealed he is taking hydroxychloroquine. Previously the drug was...

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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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