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

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Musical startup JoyTunes launches a new guitar learning application

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

Musical startup JoyTunes launches a new guitar learning app. The app is called Simply Guitar and allows people to fulfill their musical dream. It gives the user the ability to play from the base...

labor dispute at ECI Telecom following the merger deal with American Ribbon Communications

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

Chairman of the Cellular, Internet and High-Tech Workers Union, Yaki Pioneer, announced a labor dispute at ECI Telecom, following the merger deal signed between it and American Ribbon...

Dutch Minister for Foreign Trade and Cooperation accompanied by a business delegation came to Israel

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

 On Monday, the Dutch Minister for Foreign Trade and Cooperation, Ms. Sigrid Kach, came to visit the country, accompanied by a large business delegation, with senior Dutch companies such as...

intel export from Israel in 2019 increased by more than $ 2.7 billion to $ 6.6 billion

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

Intel Worldwide released data on its operations in Israel, which shows that in 2019, the company's exports nearly doubled. Intel Israel's volume of exports increased by more than $ 2.7...

Fattal Holdings continues to expand in Europe: acquired land in Lisbon for € 42 million

Posted on Feb 2, 2020 by Ifi Reporter - Dan Bielski

Fattal Holdings, which is controlled by its chairman and CEO, David Fattal, continues to expand in Europe. The company reported on Monday that it has signed an agreement to acquire a...

Almost a third The business owners surveyed in the north of Israel didn't report their income

Posted on Jan 28, 2020 by Ifi Reporter - Dan Bielski

In a raid by tax authority investigators on business in the north of the country, it turned out that almost a third  The business owners surveyed did not report their income, a high rate...

The Ministry of Environmental Protection imposed a financial sanction of NIS 906,000 on Paz Refinery

Posted on Jan 27, 2020 by Ifi Reporter - Dan Bielski

The Ministry of Environmental Protection imposed a financial sanction of NIS 906,000 on Paz Refinery Ashdod following an incident during which the power system in the factory collapsed and emitted...

Over the past 8 years the number of credit cards held by a customer in a bank account increased by 38%

Posted on Jan 27, 2020 by Ifi Reporter - Dan Bielski

Over the course of 8 years, the number of credit cards held by a customer in a bank account has increased by about 38%. This is according to a semi-annual report published by the Bank of Israel....

Satisfaction of small business owners: Mizrahi Tefahot Bank is the leading bank

Posted on Jan 26, 2020 by Ifi Reporter - Dan Bielski

Mizrahi Tefahot Bank is the leading bank among the five largest banks in Israel in the satisfaction of small and self-employed business owners. Following in the ranking is the International Bank....

officially signed: an agreement to privatize Haifa Port

Posted on Jan 26, 2020 by Ifi Reporter - Dan Bielski

Representatives of the State, the Histadrut and the workers' committees at Haifa Port have officially signed the agreement to privatize Haifa Port. The agreement completes the move approved by...

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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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