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

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The Ministry of Economy: there is no shortage of food products, both produced in Israel and imported

Posted on Mar 7, 2020 by Ifi Reporter - Dan Bielski

The Ministry of Economy and Industry reported that despite the high demand for food products, recorded in supermarkets and marketing networks in recent days, there is no shortage of food products,...

Prime Minister Netanyahu wants to open a line of credit to respond to businesses hit by the Corona impact

Posted on Mar 7, 2020 by Ifi Reporter - Dan Bielski

Prime Minister Benjamin Netanyahu said he intended to recruit students and soldiers to disinfect public facilities to fight the spread of the Corona virus, stating that "the epidemic does not...

Israeli startup Hailo announced the completion of $ 60 million in fundraising

Posted on Mar 5, 2020 by Ifi Reporter - Dan Bielski

Israeli startup Hailo, which develops artificial intelligence processors for end devices, announced the completion of $ 60 million in fundraising. Raising brings the total capital raised to $ 88...

Israeli Melanox acquires Titan which develops network intelligence and security technologies

Posted on Mar 4, 2020 by Ifi Reporter - Dan Bielski

Melanox, which provides connectivity solutions for data center servers and storage systems, has signed a definitive agreement to acquire private company Titan - which develops network intelligence...

merger deal between the two manufacturers of valves in a deal estimated at $ 100 million

Posted on Mar 3, 2020 by Ifi Reporter - Dan Bielski

The merger deal between the two manufacturers of valves (fluid flow regulator valves) - Dorot Company of command and control bodies, from Kibbutz Dorot in the Negev, and ARI Fluid Transmission,...

The Ministry of Communications imposes financial sanctions of NIS 1.1 million on Internet providers

Posted on Mar 3, 2020 by Ifi Reporter - Dan Bielski

The Ministry of Communications has decided to impose financial sanctions of NIS 1.1 million on Internet providers who do not offer website filtering services and offensive content on the network,...

Credit card company Isracard sums up 2019 with a net profit of NIS 296 million

Posted on Mar 3, 2020 by Ifi Reporter - Dan Bielski

Credit card company Isracard sums up 2019 with a net profit (excluding a separation grant) of NIS 296 million - a decrease of 7% compared to 2018. Net profit in the fourth quarter of 2019 amounted...

Yair Avidan will be appointed to the Supervisor of Banks

Posted on Mar 3, 2020 by Ifi Reporter - Dan Bielski

The Governor of the Bank of Israel, Prof. Amir Yaron, announced his decision to appoint Yair Avidan as Supervisor of Banks. Avidan will take office on April 16, with the termination of outgoing...

shopping on election day: Israelis spent over NIS 630 million between 9:00 and 16:00

Posted on Mar 3, 2020 by Ifi Reporter - Dan Bielski

Many Israelis took advantage of the Sabbath day to shop at various malls and shops. More than 2.6 million credit transactions were carried out, in the amount of over NIS 630 million, between 9:00...

A special ministerial committee will examine the economic aspects of the Corona virus outbreak

Posted on Mar 1, 2020 by Ifi Reporter - Dan Bielski

A special ministerial committee to examine the economic aspects of the Corona virus outbreak decided to set up a staff at the Ministry of Finance to examine the relevant economic and economic...

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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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