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

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The Ministry of Labor and Social Affairs: Parents will not be required to pay for the period in which there was no activity

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

The Ministry of Labor and Social Affairs announced Sunday that parents will not be required to pay for daycare and supervised families, which are disabled following the Corona crisis. According to...

Teva decided to extend the contract of CEO Car Schultz until 2023

Posted on Mar 21, 2020 by Ifi Reporter - Dan Bielski

Teva decided to extend the contract of CEO Car Schultz a year later, and it will now end in 2023. The cost of Teva's CEO's salary, Cor Schultz, totaled $ 11.6 million in 2019, according to...

Bezeq: net loss amounted to NIS 5 million, in Q4 compared with NIS 1.76 billion same Q last year

Posted on Mar 19, 2020 by Ifi Reporter - Dan Bielski

The Bezeq Group reported fourth-quarter results in 2019 with a 5.3% decline in quarterly revenues - NIS 2.2 billion. The net loss amounted to only NIS 5 million, compared with NIS 1.76 billion in...

Difficulties in real estate construction hinder the ability to maintain business as usual

Posted on Mar 18, 2020 by Ifi Reporter - Dan Bielski

While the construction industry has been deviated from the manpower reduction directive and has been defined as an essential sector for the economy, in an attempt not to hurt construction starts...

Israir, The Israeli airline will begin operating direct cargo flights to London

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

Israir, The Israeli airline will begin operating direct cargo flights from Israel to London from Tuesday. This is to cope with the dramatic drop in passenger numbers as part of the global crisis...

El Al will return on a special flight and for free Israeli travelers staying in Peru

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

Foreign Minister Israel Katz has agreed with El Al's management to take out a plane that will return on a special flight and for free Israeli travelers staying in Peru, which is under closure...

The shekel loses ground against the world's leading currencies: dollar is up 4% and trades at 3,879 NIS

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

The shekel also loses on the second day of trading this week against the world's leading currencies, following the dramatic decision by the Central Bank on Sunday to lower interest rates to...

Lands Authority refuses contractors who have sought to postpone payments for plots

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

The Israel Lands Authority refuses the inquiries of dozens of contractors who have sought to postpone payments for plots in the light of the situation. The Authority has received inquiries from...

The Competition Commissioner: collaborations between competing businesses - allowed

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

The Competition Commissioner, Michal Halperin, said that during this period, collaborations, including collaborations between competing businesses that allow businesses to continue their...

The Treasury introduced a package of measures to assist the economy due to the consequences of Corona

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

The Treasury introduced a package of measures to assist the economy in dealing with the consequences of the Corona virus, including deferred compulsory payments to self-employed and small and...

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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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