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

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The Ministry of Communications wants to neutralize Bezeq's advantage being infrastructure companies

Posted on Feb 11, 2020 by Ifi Reporter - Dan Bielski

The Ministry of Communications has published another hearing aimed at neutralizing Bezeq's advantage in the information that comes from being infrastructure companies, compared to service...

Freelancer's average salary in Israel is $ 42 an hour - twice the global average

Posted on Feb 10, 2020 by Ifi Reporter - Dan Bielski

Freelancer's average salary in Israel is $ 42 an hour, according to a study conducted by the international money transfer company Pioneer (Payoneer). The global average wage is $ 21 an hour,...

Elbit has won $ 136 million contract to supply Direct Infra-Red Counter Measure laser systems

Posted on Feb 10, 2020 by Ifi Reporter - Dan Bielski

Elbit Systems has won $ 136 million in contracts to supply DIRCM (Direct Infra-Red Counter Measure) laser systems (the Israeli name of the system is a sky shield). The contracts were signed with...

"Yeynot Bitan": employees were notified they could voluntarily retire and receive the full conditions

Posted on Feb 9, 2020 by Ifi Reporter - Dan Bielski

About two weeks after the signing of the memorandum of understanding with the Klirmark Fund, which is supposed to inject about NIS half a billion into a group of "Yeynot Bitan" and to...

Shlomo Real Estate: Acquisition of ECI Telecom, a total of 26 acres of land, for NIS 170 million

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

Shlomo Real Estate continues to swing and report a record deal since its inception: Acquisition of telecommunications company ECI Telecom, a total of 26 acres of land, for NIS 170 million...

A slight earthquake was felt before 7:00 am in many areas of Israel

Posted on Feb 6, 2020 by Ifi Reporter - Dan Bielski

A slight earthquake was felt before 7:00 am in many areas of Israel. At the Geophysical Institute, we updated that the magnitude of the quake was 3.8 degrees and the focus was at sea in the Haifa...

A slight earthquake was felt before 7:00 am in many areas of Israel

Posted on Feb 6, 2020 by Ifi Reporter - Dan Bielski

A slight earthquake was felt before 7:00 am in many areas of Israel. At the Geophysical Institute, we updated that the magnitude of the quake was 3.8 degrees and the focus was at sea in the Haifa...

The average salary of Israeli workers in November 2019 was NIS 10,499

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

The average salary of Israeli workers in November 2019 was NIS 10,499 gross per month, an increase of 1.6% compared to November 2018. According to figures published by the Central Bureau of...

Musical startup JoyTunes launches a new guitar learning application

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

Musical startup JoyTunes launches a new guitar learning app. The app is called Simply Guitar and allows people to fulfill their musical dream. It gives the user the ability to play from the base...

labor dispute at ECI Telecom following the merger deal with American Ribbon Communications

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

Chairman of the Cellular, Internet and High-Tech Workers Union, Yaki Pioneer, announced a labor dispute at ECI Telecom, following the merger deal signed between it and American Ribbon...

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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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