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

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Corona: Newpan is expected to announce price increases in the coming days.

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

Newpan is expected to announce price increases in the coming days. Expected price increases will be between 5% and 10% and will affect the prices of Toshiba, Haier and other group products,...

Fox apparel: no significant impact on its operations as a result of the Corona

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

The Fox apparel chain reports after the stock exchange closed that no significant impact on its operations as a result of the Corona eruption is currently expected. The company makes it clear that...

Ford appointed Boaz Hartel as the Technical Director of the Ford Research Center in Israel

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

Ford announced the appointment of Boaz Hartel as the Technical Director of the Ford Research Center in Israel, and to lead the Center's advanced innovations in mobility, automated systems...

State revenues from natural gas reservoirs and royalties reached NIS 864 million in 2019

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

State revenues from natural gas reservoirs and royalties reached NIS 864 million in 2019, according to the Director of Natural Resources at the Ministry of Energy. The main part of the revenue...

Adam Neumann, founder of WeWork, currently living in Israel put his Manhattan triplex up for sale

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

Adam Neumann, founder of WeWork and a former CEO, currently living in Israel, put his Manhattan triplex up for sale for $ 37.5 million. The building is located in the Gramercy neighborhood near...

P.M Netanyahu and MK Nir Barkat presented Likud Economic future reforms

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

Prime Minister Benjamin Netanyahu and MK Nir Barkat, who is his candidate for Finance Minister, presented their economic plan to the next government on Sunday on the Tel Aviv Stock Exchange,...

Pelephone submitted an offer to buy from the cellular company Golan Telecom for a total of NIS 710 million

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

Bezeq reported on Sunday that its subsidiary Pelephone today submitted an offer to buy from the cellular company Golan Telecom for a total of NIS 710 million. The company noted that the offer is...

Tnuva obtained permission to sell 3% fat-rich milk at a higher price than the regulatory price

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

Tnuva recently requested and obtained permission from the state to sell 3% fat-rich milk at a higher price than the regulatory price. The drink that Tnuva is testing its marketing will compete...

Deep Instinct Announced a $ 43 million fundraising round in its third round

Posted on Feb 15, 2020 by Ifi Reporter - Dan Bielski

Deep Instinct, the first cyber security company and true to the only day that has been able to embed an end-to-end deep learning based system that can predict, detect and prevent cyber attacks...

Kamada Pharmaceuticals reported revenue of $ 127.2 million in 2019 - up 11%

Posted on Feb 13, 2020 by Ifi Reporter - Dan Bielski

Kamada Pharmaceuticals reported revenue of $ 127.2 million in 2019 - up 11% on 2018. Gross profit in 2019 was $ 49.8 million, up 20% compared to 2018. Adjusted EBITDA in 2019 was $ 28.5 million,...

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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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