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

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Bezeq: net loss amounted to NIS 5 million, in Q4 compared with NIS 1.76 billion same Q last year

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

The Bezeq Group reported fourth-quarter results in 2019 with a 5.3% decline in quarterly revenues - NIS 2.2 billion. The net loss amounted to only NIS 5 million, compared with NIS 1.76 billion in...

Difficulties in real estate construction hinder the ability to maintain business as usual

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

While the construction industry has been deviated from the manpower reduction directive and has been defined as an essential sector for the economy, in an attempt not to hurt construction starts...

Israir, The Israeli airline will begin operating direct cargo flights to London

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

Israir, The Israeli airline will begin operating direct cargo flights from Israel to London from Tuesday. This is to cope with the dramatic drop in passenger numbers as part of the global crisis...

El Al will return on a special flight and for free Israeli travelers staying in Peru

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

Foreign Minister Israel Katz has agreed with El Al's management to take out a plane that will return on a special flight and for free Israeli travelers staying in Peru, which is under closure...

The shekel loses ground against the world's leading currencies: dollar is up 4% and trades at 3,879 NIS

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

The shekel also loses on the second day of trading this week against the world's leading currencies, following the dramatic decision by the Central Bank on Sunday to lower interest rates to...

Lands Authority refuses contractors who have sought to postpone payments for plots

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

The Israel Lands Authority refuses the inquiries of dozens of contractors who have sought to postpone payments for plots in the light of the situation. The Authority has received inquiries from...

The Competition Commissioner: collaborations between competing businesses - allowed

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

The Competition Commissioner, Michal Halperin, said that during this period, collaborations, including collaborations between competing businesses that allow businesses to continue their...

The Treasury introduced a package of measures to assist the economy due to the consequences of Corona

Posted on Mar 16, 2020 by Ifi Reporter - Dan Bielski

The Treasury introduced a package of measures to assist the economy in dealing with the consequences of the Corona virus, including deferred compulsory payments to self-employed and small and...

El Al was refused by the government a $ 700 million state guarantee for a loan and a $ 700 million grant

Posted on Mar 16, 2020 by Ifi Reporter - Dan Bielski

El Al faces a significant flow challenge after the Treasury rejected a request that lasted until the wee hours of the night, its request for assistance, claiming its efficiency plan was...

Social Security announced a number of easements for self-employed and employers due to the Corona crisis

Posted on Mar 16, 2020 by Ifi Reporter - Dan Bielski

Social Security announced a number of easements for self-employed and employers due to the Corona crisis: This is a postponement of Social Security and Health Insurance payments for April and...

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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 →

Israeli High-Tech Investors Move to Secure Future of Channel 13

Mar 13, 2026 by Ifi Reporter - Dan Bielski

A group of Israeli high-tech investors has stepped in to support the future of Channel 13 , in a move that supporters say is intended to preserve independent journalism and strengthen pluralistic media in Israel. The development emerged amid uncertainty surrounding the channel’s... Continue reading →

Hadas Water unveiled a first-of-its-kind under-sink system for Shabbat observant users

Mar 13, 2026 by Ifi Reporter - Dan Bielski

Israeli company Hadas Water , a developer and manufacturer of purified water bars, has unveiled a first-of-its-kind under-sink system in Israel designed to provide hot and cold purified water while incorporating a special mechanism adapted for Shabbat observant users. The system,... Continue reading →

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