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

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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...

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...

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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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