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

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The number of active Corona patients - less than 6.000 and 38 new infections were diagnosed

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

The number of active Corona patients in Israel is 5,947 - the lowest number since April 1. This is according to data released by the Health Ministry on Monday. Ninety-nine patients are in serious...

he Corona epidemic has had a significant impact on the rental market: decrease in Tel Aviv - 15%

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

The Corona epidemic has had a significant impact on the rental market in Israel. In Tel Aviv especially. According to data published today by the Bank of Israel, since the beginning of the year...

Israel Bank: Disabling kindergartens and day care centers for another week will result in a loss of NIS 2 billion

Posted on May 2, 2020 by Ifi Reporter - Dan Bielski

Disabling kindergartens and day care centers for another week will result in a loss of NIS 2 billion. This emerges from a statement issued by the Bank of Israel, in light of the fierce debate in...

Call centers of companies are allowed to extend by two weeks the work hours to 8 instead of 10

Posted on May 2, 2020 by Ifi Reporter - Dan Bielski

Minister of Communications Dudi Amsalem extended his approval to companies for shortening by 2 weeks  the hours of serevice of call centers following the Corona crisis. As a result, the...

Call centers of companies are allowed to extend by two weeks the work hours to 8 instead of 10

Posted on May 2, 2020 by Ifi Reporter - Dan Bielski

Minister of Communications Dudi Amsalem extended his approval to companies for shortening by 2 weeks  the hours of serevice of call centers following the Corona crisis. As a result, the...

El Al delays by two weeks the renewal of regular passenger flights, until May 16th

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

El Al delays two weeks of renewal of regular passenger flights, until 16 May. The company will continue to operate cargo flights from Israel to and including the use of 777 passenger planes...

Check Point posted a 3% increase in revenue in the first Q to about $ 486 million

Posted on Apr 28, 2020 by Ifi Reporter - Dan Bielski

Israeli information security firm Check Point (NASDAQ: CHKP) released its financial results for the first quarter of 2020 and posted a 3% increase in revenue compared to the same quarter last...

The Treasury completed a $ 5 billion government bond issue

Posted on Apr 28, 2020 by Ifi Reporter - Dan Bielski

The Treasury completed a $ 5 billion government bond issue - the first government bond issue in Asia. It has been a dual offering in Taipei (Taiwan) and London, and is aimed at Asian investors....

Competition Authority is reviewing the conduct of networks that have been consolidated due to the Corona crisis

Posted on Apr 26, 2020 by Ifi Reporter - Dan Bielski

Following the disabling of fashion and commerce networks, the Competition Authority is reviewing the conduct of networks that have been consolidated due to the Corona crisis and have announced...

The fall in markets in March resulted in a 9% negative return on the mutual funds

Posted on Apr 26, 2020 by Ifi Reporter - Dan Bielski

The fall in markets in March resulted in a 9% negative return on the mutual funds. The month of April appears to be positive, with so far the estimated correction in funds amounting to about 4%....

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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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