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

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Israel Railways concluded 2019 with a profit of NIS 36 million

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

Israel Railways concluded 2019 with a profit of NIS 36 million, compared with a loss of more than NIS 330 million in the previous year - according to the financial reports released by the company...

the number of Palestinian workers in Israel has decreased by 30%

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

Although the construction and infrastructure sectors have been exceeded by emergency regulations and can be worked on in an almost normal format, the collapse of the working hands threatens to...

Israel will pass tonight at 0200 for a summer time

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

Israel will pass tonight - Thursday through Friday - for a summer time. At 2:00 in the night, the circles will be moved one hour to 3:00. This, after Interior Minister Aryeh Deri's initiative...

Finance Ministry is considering temporarily raising the tax on gasoline

Posted on Mar 24, 2020 by Ifi Reporter - Dan Bielski

The Finance Ministry is considering temporarily raising the excise tax on gasoline - Globes has learned. This is in the context of attempts to reduce the expected severe damage to the state's...

Bank of Israel ntends to purchase NIS 50 billion in government bonds

Posted on Mar 24, 2020 by Ifi Reporter - Dan Bielski

Against the backdrop of the growing corona crisis and the sharp slowdown in economic activity, the Bank of Israel today announced a plan for quantitative expansion. The central bank, headed by...

Bank of Israel ntends to purchase NIS 50 billion in government bonds

Posted on Mar 24, 2020 by Ifi Reporter - Dan Bielski

Against the backdrop of the growing corona crisis and the sharp slowdown in economic activity, the Bank of Israel today announced a plan for quantitative expansion. The central bank, headed by...

Cellcom's loss expanded to NIS 107 million in 2019 - 67% increase

Posted on Mar 23, 2020 by Ifi Reporter - Dan Bielski

Cellcom's loss expanded to NIS 107 million in 2019 - a 67% increase in loss compared to 2018. In the fourth quarter of 2019, Cellcom lost NIS 54 million. The company warns about the effects of...

Interior Minister Aryeh Deri -- summer clock will start as paned on Thursdau

Posted on Mar 23, 2020 by Ifi Reporter - Dan Bielski

Interior Minister Aryeh Deri received the recommendation of the National Security Council (NSC) to start daylight saving time on the night of Thursday and Friday of the week - and reiterated its...

Cofix closed about two-thirds of its subsidiaries and left open 35 branches

Posted on Mar 22, 2020 by Ifi Reporter - Dan Bielski

Strengthening the Ministry of Health's directives, which require the closure of recreational culture, shopping malls, bars and restaurants and banning crowds, is detrimental to Copics. The...

Teva takes hundreds of workers in Israel and thousands of workers worldwide on paid leave

Posted on Mar 22, 2020 by Ifi Reporter - Dan Bielski

Teva takes hundreds of workers in Israel and thousands of workers worldwide on paid leave at her expense until a new announcement. The letter to company employees states that employees who are not...

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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 →

Why AI Adoption on the Factory Floor Is Far More Complicated Than a Successful Demo

Aug 25, 2026 by Ifi Reporter - Dan Bielski

The integration of artificial intelligence (AI) has become a major priority for technology companies and startups. Yet when AI solutions move from development environments to the physical factory floor, the reality can be considerably more complex.... Continue reading →

SACHEK NA Introduces New 3D Plastic Puzzle Collection Featuring Iconic Cars

Aug 25, 2026 by Ifi Reporter - Dan Bielski

Israeli toy and puzzle company SACHEK NA, owned by Meir Klughaft and Yossi Bar-On, is introducing a new collection of 3D plastic vehicle puzzles, combining traditional puzzle assembly with three-dimensional model building. From Porsche and Ferrari to the Harry Potter Bus The new... Continue reading →

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