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

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Suspected Car-Ramming Attack in Sharon: Eight Injured - Manhunt Underway

Posted on Jul 24, 2025 by Ifi Reporter - Dan Bielski

A suspected car-ramming terror attack occurred Thursday morning near Kfar Yona in the Sharon region, leaving eight people injured , five of them in moderate condition , and three lightly...

Israel Railways CEO Moshe Zhena Resigns Amid Criticism Over Electrification Project Delays

Posted on Jul 23, 2025 by Ifi Reporter - Dan Bielski

 Moshe (Shiko) Zhena, CEO of Israel Railways, announced his resignation during a meeting of the company’s board of directors, marking the end of his two-year tenure. The announcement...

Armis Security Completes $100 Million Secondary Round, Valuation Rises to $4.5 Billion

Posted on Jul 23, 2025 by Ifi Reporter - Dan Bielski

Cybersecurity leader Armis Security has completed a $100 million secondary share sale , raising its company valuation to $4.5 billion , up from $4.3 billion in its previous funding round last...

Lufthansa Group to Resume Flights to Israel Starting August 1st: Initial Schedule Includes 44 Weekly Flights

Posted on Jul 23, 2025 by Ifi Reporter - Dan Bielski

The Lufthansa Group, which includes Lufthansa, SWISS, Austrian Airlines, Brussels Airlines, Eurowings, and Lufthansa Cargo, announced on Tuesday that it will gradually resume operations to and...

Dynamic Staffing Expands Operations in Israel’s Industrial Sector

Posted on Jul 22, 2025 by Ifi Reporter - Dan Bielski

 Dynamic Staffing Services (Dynamic), India’s largest international skilled workforce recruitment agency, has expanded its operations in Israel beyond the construction sector to now...

From Tribute to Triumph: Hapoel Bublil Hod Hasharon Rises to League A with Perfect Season

Posted on Jul 21, 2025 by Ifi Reporter - Dan Bielski

In a remarkable debut year, Hapoel Bublil Hod Hasharon has completed a perfect season in Israel’s B League, finishing with an undefeated 18-0 record and earning promotion to League...

Carrefour Launches Major Discount Campaign: Up to 58% Off Thousands of Products

Posted on Jul 21, 2025 by Ifi Reporter - Dan Bielski

Retail giant Carrefour is making headlines once again with a sweeping discount campaign offering up to 58% off thousands of products across its physical stores and online platform. The sale,...

Mercantile Bank Unveils AI-Powered Budget Optimization System for Local Authorities

Posted on Jul 21, 2025 by Ifi Reporter - Dan Bielski

At last week’s Central Local Government Conference , Mercantile Bank unveiled a suite of advanced financial and technological solutions aimed at helping local authorities better manage...

Prime Minister Netanyahu Diagnosed with Intestinal Infection, Postpones Court Testimony

Posted on Jul 20, 2025 by Ifi Reporter - Dan Bielski

Prime Minister Benjamin Netanyahu is recovering at home after being diagnosed with an intestinal infection, his office announced on Sunday. The illness, reportedly caused by spoiled food, has...

Bazan Reports Up to $200 Million in Damage from Iranian Missile Strike

Posted on Jul 17, 2025 by Ifi Reporter - Dan Bielski

The Bazan Group reported on Wednesday to the Tel Aviv Stock Exchange that the direct damage caused to its Haifa Bay refinery facilities in the recent Iranian missile attack is estimated...

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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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