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

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Labor government in Great Britain announced its commitment to continuing the talks to upgrade the trade agreement with Israel

Posted on Jul 31, 2024 by Ifi Reporter - Dan Bielski

The new Labor government in Great Britain announced its commitment to continuing the talks to upgrade the trade agreement with Israel. The Israeli negotiating team, led by the Foreign Trade...

The dollar rate jumps by 1% and trades for NIS 3.77

Posted on Jul 31, 2024 by Ifi Reporter - Dan Bielski

The dollar rate jumps by 1% and trades for NIS 3.77 amid the strategic events of the past day in Lebanon and Iran. The representative yesterday was NIS 3.733. Just a week ago, the dollar traded...

Audiocodes Reports Q2 Financial Results and Recognitions

Posted on Jul 31, 2024 by Ifi Reporter - Dan Bielski

Audiocodes has published its business results for the second quarter of the year and these are positive results Quarterly Revenues : Total quarterly revenues reached $60.3...

Lufthansa Cancels Night Flights to Israel Amid Security Concerns

Posted on Jul 30, 2024 by Ifi Reporter - Dan Bielski

 I n response to heightened vigilance in northern Israel following the massacre in Majdal Shams, where 12 children and teenagers were killed and dozens injured, the German airline group...

Sergeant Yonatan Aharon Greenblatt died of his wounds - injured in Rafah

Posted on Jul 28, 2024 by Ifi Reporter - Dan Bielski

Sergeant Yonatan Aharon Greenblatt, 21 years old from Beit Shemesh, died yesterday (Saturday) of his wounds after he was seriously injured by an anti-tank missile in the building where he was...

Synaptics is laying off dozens of employees from its development center in Herzliya

Posted on Jul 25, 2024 by Ifi Reporter - Dan Bielski

The American company Synaptics is laying off dozens of employees from its development center in Herzliya, out of a workforce of about 100 people. The move in Israel is part of a global cutback...

Cyber Attack on "Globes" news outlet Sparks Economic Terrorism Concerns

Posted on Jul 23, 2024 by Ifi Reporter - Dan Bielski

A group of hackers called Medusa has broken into the "Globes" computer system in recent days and is demanding a ransom of one million dollars within eight days - otherwise, the...

Applied Systems Acquires Israeli AI Firm Planck in Landmark Deal for approximately $500 million

Posted on Jul 23, 2024 by Ifi Reporter - Dan Bielski

Applied Systems, a leading provider of cloud-based software for the insurance industry, has finalized the acquisition of Planck, an Israeli company specializing in AI-driven data analytics for...

ACL signed an agreement to supply potash with an aggregate volume of 830 thousand tons to its customers in China

Posted on Jul 23, 2024 by Ifi Reporter - Dan Bielski

The Israeli chemical company ACL signed an agreement to supply potash with an aggregate volume of 830 thousand tons to its customers in China, for approximately 227 million dollars. The sale...

Arrow 3 system intercepted a surface-to-surface missile launched from Yemen

Posted on Jul 21, 2024 by Ifi Reporter - Dan Bielski

The Arrow 3 system intercepted a surface-to-surface missile launched from Yemen this morning (Sunday), and before the interception alarms were sounded in Eilat and its surroundings. The...

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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 →

New Jersey Alleges $122 Million Fraud by El Al Controlling Shareholder in U.S. Nursing Homes

Dec 11, 2025 by Ifi Reporter - Dan Bielski

A report by the New Jersey State Comptroller has accused Kenny Rosenberg , the controlling shareholder of El Al Airlines (48%) , and his business partner Darryl Hagler of orchestrating a large-scale fraud scheme involving nursing homes under their ownership in the United States. The... Continue reading →

Israel Mandates Solar Panels on New Homes in Landmark Renewable Energy Reform

Dec 11, 2025 by Ifi Reporter - Dan Bielski

Israel is set to implement one of its most significant renewable energy reforms to date, as a new Ministry of Energy regulation will require solar energy systems on the roofs of all newly built homes with roof areas exceeding 100 square meters. The regulation comes into force on December 12,... Continue reading →

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