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

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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,...

Turkish Airlines will launch its Low Coast brand, ANADOLU JET, into Israel

Posted on Feb 12, 2020 by Ifi Reporter - Dan Bielski

Turkish Airlines will launch its Low Coast brand, ANADOLU JET, into Israel. The blue-tailed brand is used by the company on its flights from Sabiha Airport in Istanbul, Turkey. From Tel Aviv, a...

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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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