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

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mega Or is expected to purchase Ispro for NIS 855 million

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

Real estate mega Or company, controlled by Tzachi Nahmias, is expected to sign the acquisition of the mall company "Ispro", controlled by Eduardo Elstein's IDB (Discount Investment)...

Haifa Court imposed a site for the dumping of Kibbutz Evron a financial fine of NIS 600,000

Posted on Jan 24, 2020 by Ifi Reporter - Dan Bielski

Ten years after causing environmental damage and violating the terms of a business license, the Haifa Magistrate's Court imposed a site for the dumping of Kibbutz Evron a financial fine of NIS...

Bank Leumi reported that it successfully completed a $ 750 million overseas bond issue

Posted on Jan 24, 2020 by Ifi Reporter - Dan Bielski

Bank Leumi has taken advantage of the positive momentum in world markets, and reported that it successfully completed a $ 750 million overseas bond issued. The move was made by issuing a deferred...

Kaltura Acquires the Israeli startup Newrow to Deliver New Meeting Experiences

Posted on Jan 22, 2020 by Ifi Reporter - Dan Bielski

Kaltura , the leading video cloud, announced today it has acquired video conferencing and collaboration platform Newrow, for an undisclosed amount. Through this acquisition, Kaltura expands its...

ServiceNow has signed an agreement to acquire Israeli Loom Systems

Posted on Jan 22, 2020 by Ifi Reporter - Dan Bielski

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Shafir Engineering and Oryan will operate supply centers for the IDF

Posted on Jan 22, 2020 by Ifi Reporter - Dan Bielski

Report on the acquisition of Shafir Engineering and Oryan companies in the planning, construction and operation of NIS 5.5 billion supply centers for the IDF, sent their shares to sharp increases...

The debt of NIS 920 million was transferred to the electricity company from the East Jerusalem Electric Company

Posted on Jan 22, 2020 by Ifi Reporter - Dan Bielski

NIS 920 million was transferred to the electricity company from the East Jerusalem Electric Company (IEC). As a result of the transfer, the electricity company will discontinue its daily...

In the first month of the full train service between Jerusalem and Tel Aviv - 400,000 passengers traveled

Posted on Jan 22, 2020 by Ifi Reporter - Dan Bielski

In the first month of operating the full train service between Jerusalem and Tel Aviv, nearly 400,000 passengers traveled on the highway, a 76 percent increase over the previous month, requiring...

a new collective bargaining agreement was signed in Hapoalim bank: employees will get an increase of NIS 550-700

Posted on Jan 21, 2020 by Ifi Reporter - Dan Bielski

Bank Hapoalim CEO Dov Kotler, Chairman of the Histadrut Arnon Bar-David and Chairman of Bank Hapoalim employees Roni Garfunkel - have signed a new collective bargaining agreement at the Histadrut...

government approved grants totaling NIS 29 million for the purchase of advanced construction equipment

Posted on Jan 21, 2020 by Ifi Reporter - Dan Bielski

The Investment Authority and the Ministry of Construction and Housing approved grants totaling NIS 29 million for the purchase of advanced construction equipment and industrial construction....

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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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