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

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Severe Winter Drought Devastates Israeli Agriculture - 50% Drop in Rainfall Leads to Major Crop

Posted on Jul 30, 2025 by Ifi Reporter - Dan Bielski

The winter of 2024–25 brought one of the most severe droughts in recent decades to Israel, with rainfall levels dropping by approximately 50% compared to the multi-year average in most...

Ofek Aerial Photography Launches One of the World’s Most Advanced Aerial LiDAR Systems

Posted on Jul 30, 2025 by Ifi Reporter - Dan Bielski

Ofek Aerial Photography, Israel’s leading company in spatial mapping and geographic photography, has announced the launch of one of the most advanced aerial LiDAR systems in the world. The...

Partner Communications and McDonald’s Israel Sign Major Deal to Upgrade 240 Branches to Fiber Optic Network

Posted on Jul 30, 2025 by Ifi Reporter - Dan Bielski

Partner Communications Group and McDonald's Israel announced today a strategic five-year agreement to upgrade approximately 240 McDonald's branches across the country to high-speed fiber...

Klil and Ort Marom School Partner to Support Acre’s Needy Families Through Skilled Youth Training

Posted on Jul 30, 2025 by Ifi Reporter - Dan Bielski

Klil Industries, a leading aluminum company based in Karmiel, has partnered with Ort Marom School in Acre in a meaningful social contribution project that blends vocational training, community...

Houthi Missile Intercepted Over Central Israel; No Casualties Reported

Posted on Jul 30, 2025 by Ifi Reporter - Dan Bielski

Air raid sirens sounded across central Israel on Tuesday evening following a missile launch from Yemen, marking the latest escalation by the Iranian-backed Houthi rebels. The Israel Defense...

Dutch Government Declares Israeli Ministers Smotrich and Ben Gvir "Persona Non Grata" Over Gaza Policy

Posted on Jul 29, 2025 by Ifi Reporter - Dan Bielski

  In a dramatic diplomatic escalation, Dutch Foreign Minister Caspar Waldekamp announced Monday night that the Netherlands has officially declared Israeli ministers Bezalel Smotrich and...

Ituran Launches Biometric Vehicle Security System, Replacing Traditional Keypads

Posted on Jul 27, 2025 by Ifi Reporter - Dan Bielski

Ituran , a leader in automotive technology, has unveiled Ituran KEY , a revolutionary biometric vehicle security system that eliminates the need for traditional keypads and access codes. The...

Director of Prime Minister's "Wing Zion" Aircraft Dismissed Amid Dispute Over Operational Authority

Posted on Jul 27, 2025 by Ifi Reporter - Dan Bielski

Lt. Col. (res.) Eitan Liel , director of the Prime Minister’s "Wing Zion" aircraft , has been unexpectedly dismissed from his post, just days after accompanying Prime Minister...

“It’s Not Just French Fries”: Milotel and Chef Tom Aviv Launch Gourmet Chip Experience in Tel Aviv

Posted on Jul 27, 2025 by Ifi Reporter - Dan Bielski

Milotel , one of Israel’s leading French fries manufacturers, has partnered with celebrity chef Tom Aviv for a groundbreaking culinary venture titled “It’s Not Just French...

IDF Announces Death of Reserve Sgt. Maj. Bezalel Masabkar from Gaza Blast Injuries

Posted on Jul 26, 2025 by Ifi Reporter - Dan Bielski

The Israel Defense Forces (IDF) confirmed Saturday night the death of Reserve Senior Sgt. Maj. Bezalel Yehoshua Masabkar (32) , who succumbed to wounds sustained during combat in southern Gaza....

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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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