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

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Prime Minister Netanyahu wants to open a line of credit to respond to businesses hit by the Corona impact

Posted on Mar 7, 2020 by Ifi Reporter - Dan Bielski

Prime Minister Benjamin Netanyahu said he intended to recruit students and soldiers to disinfect public facilities to fight the spread of the Corona virus, stating that "the epidemic does not...

Israeli startup Hailo announced the completion of $ 60 million in fundraising

Posted on Mar 5, 2020 by Ifi Reporter - Dan Bielski

Israeli startup Hailo, which develops artificial intelligence processors for end devices, announced the completion of $ 60 million in fundraising. Raising brings the total capital raised to $ 88...

Israeli Melanox acquires Titan which develops network intelligence and security technologies

Posted on Mar 4, 2020 by Ifi Reporter - Dan Bielski

Melanox, which provides connectivity solutions for data center servers and storage systems, has signed a definitive agreement to acquire private company Titan - which develops network intelligence...

merger deal between the two manufacturers of valves in a deal estimated at $ 100 million

Posted on Mar 3, 2020 by Ifi Reporter - Dan Bielski

The merger deal between the two manufacturers of valves (fluid flow regulator valves) - Dorot Company of command and control bodies, from Kibbutz Dorot in the Negev, and ARI Fluid Transmission,...

The Ministry of Communications imposes financial sanctions of NIS 1.1 million on Internet providers

Posted on Mar 3, 2020 by Ifi Reporter - Dan Bielski

The Ministry of Communications has decided to impose financial sanctions of NIS 1.1 million on Internet providers who do not offer website filtering services and offensive content on the network,...

Credit card company Isracard sums up 2019 with a net profit of NIS 296 million

Posted on Mar 3, 2020 by Ifi Reporter - Dan Bielski

Credit card company Isracard sums up 2019 with a net profit (excluding a separation grant) of NIS 296 million - a decrease of 7% compared to 2018. Net profit in the fourth quarter of 2019 amounted...

Yair Avidan will be appointed to the Supervisor of Banks

Posted on Mar 3, 2020 by Ifi Reporter - Dan Bielski

The Governor of the Bank of Israel, Prof. Amir Yaron, announced his decision to appoint Yair Avidan as Supervisor of Banks. Avidan will take office on April 16, with the termination of outgoing...

shopping on election day: Israelis spent over NIS 630 million between 9:00 and 16:00

Posted on Mar 3, 2020 by Ifi Reporter - Dan Bielski

Many Israelis took advantage of the Sabbath day to shop at various malls and shops. More than 2.6 million credit transactions were carried out, in the amount of over NIS 630 million, between 9:00...

A special ministerial committee will examine the economic aspects of the Corona virus outbreak

Posted on Mar 1, 2020 by Ifi Reporter - Dan Bielski

A special ministerial committee to examine the economic aspects of the Corona virus outbreak decided to set up a staff at the Ministry of Finance to examine the relevant economic and economic...

Yair Netanyahu will have to pay a quarter of a million shekels to former Walla editor

Posted on Mar 1, 2020 by Ifi Reporter - Dan Bielski

Yair Netanyahu will have to pay a quarter of a million shekels to former Walla editor Avi Alkalay, according to the Tel Aviv District Court. Alkalai filed a libel suit against Netanyahu, the son,...

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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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