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

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Bank Leumi reported that it successfully completed a $ 750 million overseas bond issue

Posted on Jan 24, 2020 by Ifi Reporter - Dan Bielski

Bank Leumi has taken advantage of the positive momentum in world markets, and reported that it successfully completed a $ 750 million overseas bond issued. The move was made by issuing a deferred...

Kaltura Acquires the Israeli startup Newrow to Deliver New Meeting Experiences

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

Kaltura , the leading video cloud, announced today it has acquired video conferencing and collaboration platform Newrow, for an undisclosed amount. Through this acquisition, Kaltura expands its...

ServiceNow has signed an agreement to acquire Israeli Loom Systems

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

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Shafir Engineering and Oryan will operate supply centers for the IDF

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

Report on the acquisition of Shafir Engineering and Oryan companies in the planning, construction and operation of NIS 5.5 billion supply centers for the IDF, sent their shares to sharp increases...

The debt of NIS 920 million was transferred to the electricity company from the East Jerusalem Electric Company

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

NIS 920 million was transferred to the electricity company from the East Jerusalem Electric Company (IEC). As a result of the transfer, the electricity company will discontinue its daily...

In the first month of the full train service between Jerusalem and Tel Aviv - 400,000 passengers traveled

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

In the first month of operating the full train service between Jerusalem and Tel Aviv, nearly 400,000 passengers traveled on the highway, a 76 percent increase over the previous month, requiring...

a new collective bargaining agreement was signed in Hapoalim bank: employees will get an increase of NIS 550-700

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

Bank Hapoalim CEO Dov Kotler, Chairman of the Histadrut Arnon Bar-David and Chairman of Bank Hapoalim employees Roni Garfunkel - have signed a new collective bargaining agreement at the Histadrut...

government approved grants totaling NIS 29 million for the purchase of advanced construction equipment

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

The Investment Authority and the Ministry of Construction and Housing approved grants totaling NIS 29 million for the purchase of advanced construction equipment and industrial construction....

Noble Energy today announced a halt in gas production

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

Noble Energy today announced a halt in gas production. "As part of the Leviatan rig's run process, the noon control system detected a low pressure warning in some of the rigs on the...

Fox Group on its way to establishing a new Israeli sports network

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

Fox Group on its way to establishing a new Israeli sports network. The Harel Wiesel public fashion group will develop a nationally-branded multi-branded network under the name "Just...

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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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