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

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The Finance Committee approved a series of budget transfers totaling NIS 11.36 billion

Posted on Dec 23, 2019 by Ifi Reporter - Dan Bielski

The Finance Committee, headed by MK Moshe Gaffney, approved a series of budget transfers totaling NIS 11.36 billion, including for internal changes in ministries and government bodies, and...

Partner will compensate its customers from the past of about NIS 1.8 million in benefits

Posted on Dec 22, 2019 by Ifi Reporter - Dan Bielski

Partner will compensate its customers from the past, amounting to a total of about NIS 1.8 million in benefits, including surfing packages and vouchers for exercise. Thus, as part of a settlement...

Raphael has won NIS billions of classified tender of the defence ministry

Posted on Dec 22, 2019 by Ifi Reporter - Dan Bielski

Raphael (Defense Systems Development Authority) has won NIS billions of classified to supply IDF intelligence systems. The estimated duration of engagement between Raphael and the Ministry of...

Transportation employees will conduct sanctions Sunday in protest over unilateral reforms

Posted on Dec 21, 2019 by Ifi Reporter - Dan Bielski

On Sunday noon between 11 am and 1 pm, Ministry of Transportation employees will hold informational meetings in all office units in the country. During these hours, there may be disruptions to the...

the Bird Foundation noted an investment in 1000 Israel-US projects

Posted on Dec 20, 2019 by Ifi Reporter - Dan Bielski

The Bird Foundation, the Israel-US Biennial Research and Development Fund, held a recognition evening at the Peres Center for Peace and Innovation, which was attended by about 150 guests. As part...

approved: grants to 12 industrial establishments of over NIS 200 million

Posted on Dec 18, 2019 by Ifi Reporter - Dan Bielski

The Ministry of Economy and Industry approved grants to 12 industrial establishments with an investment of over NIS 200 million The Director of the Investment Authority at the Ministry of...

Egged Traffic will will shut down Thursaday all the company's lines for 4 hours

Posted on Dec 18, 2019 by Ifi Reporter - Dan Bielski

The Egged Traffic  union and drivers will shut down all the company's lines for four hours, from 5:00 to 9:00 am on Thursday. According to the company, among the lines that will be...

Cellcom CEO Nir Stern leaves the company and will be the Director of "Paz"

Posted on Dec 18, 2019 by Ifi Reporter - Dan Bielski

Detection Committee of the Board of Directors of "Paz" elected Cellcom CEO Nir Stern as CEO of the company instead of Yona Vogel. Cellcom's CEO met with Paz Chairman last night,...

tax authority arrested 2 Israelis due to information they held unerported bank accounts abroad

Posted on Dec 18, 2019 by Ifi Reporter - Dan Bielski

The tax authority has arrested two other Israelis following information it received on unreported bank accounts held abroad, the amount of which is NIS 77 million. The two were arrested as part...

The first satellite built by Elbit Systems was launched into space

Posted on Dec 18, 2019 by Ifi Reporter - Dan Bielski

The first satellite built by Elbit Systems was launched into space using an Indian missile. This is a tiny, tiny-weight satellite, built as part of a project initiated by the BIRD Foundation and...

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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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