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

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Ford appointed Boaz Hartel as the Technical Director of the Ford Research Center in Israel

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

Ford announced the appointment of Boaz Hartel as the Technical Director of the Ford Research Center in Israel, and to lead the Center's advanced innovations in mobility, automated systems...

State revenues from natural gas reservoirs and royalties reached NIS 864 million in 2019

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

State revenues from natural gas reservoirs and royalties reached NIS 864 million in 2019, according to the Director of Natural Resources at the Ministry of Energy. The main part of the revenue...

Adam Neumann, founder of WeWork, currently living in Israel put his Manhattan triplex up for sale

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

Adam Neumann, founder of WeWork and a former CEO, currently living in Israel, put his Manhattan triplex up for sale for $ 37.5 million. The building is located in the Gramercy neighborhood near...

P.M Netanyahu and MK Nir Barkat presented Likud Economic future reforms

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

Prime Minister Benjamin Netanyahu and MK Nir Barkat, who is his candidate for Finance Minister, presented their economic plan to the next government on Sunday on the Tel Aviv Stock Exchange,...

Pelephone submitted an offer to buy from the cellular company Golan Telecom for a total of NIS 710 million

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

Bezeq reported on Sunday that its subsidiary Pelephone today submitted an offer to buy from the cellular company Golan Telecom for a total of NIS 710 million. The company noted that the offer is...

Tnuva obtained permission to sell 3% fat-rich milk at a higher price than the regulatory price

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

Tnuva recently requested and obtained permission from the state to sell 3% fat-rich milk at a higher price than the regulatory price. The drink that Tnuva is testing its marketing will compete...

Deep Instinct Announced a $ 43 million fundraising round in its third round

Posted on Feb 15, 2020 by Ifi Reporter - Dan Bielski

Deep Instinct, the first cyber security company and true to the only day that has been able to embed an end-to-end deep learning based system that can predict, detect and prevent cyber attacks...

Kamada Pharmaceuticals reported revenue of $ 127.2 million in 2019 - up 11%

Posted on Feb 13, 2020 by Ifi Reporter - Dan Bielski

Kamada Pharmaceuticals reported revenue of $ 127.2 million in 2019 - up 11% on 2018. Gross profit in 2019 was $ 49.8 million, up 20% compared to 2018. Adjusted EBITDA in 2019 was $ 28.5 million,...

Turkish Airlines will launch its Low Coast brand, ANADOLU JET, into Israel

Posted on Feb 12, 2020 by Ifi Reporter - Dan Bielski

Turkish Airlines will launch its Low Coast brand, ANADOLU JET, into Israel. The blue-tailed brand is used by the company on its flights from Sabiha Airport in Istanbul, Turkey. From Tel Aviv, a...

IEEE, the world's largest technical professional organization conducted the board’s first-ever meeting in Israel

Posted on Feb 12, 2020 by Ifi Reporter - Dan Bielski

IEEE, the world's largest technical professional organization dedicated to advancing technology for humanity, and the IEEE Standards Association (IEEE SA) conducted the...

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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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