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

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Rami Levy network reported 9.9% revenue growth in the 3rd Q

Posted on Nov 28, 2019 by Ifi Reporter - Dan Bielski

The Rami Levy network reported 9.9% revenue growth in the third quarter, net income down 16.4%, mainly due to the impact of the new accounting standard IFRS 16. Excluding the effect of the...

The ride on the Israel Railroad is expanding: the number of trips rose by 6.5%

Posted on Nov 28, 2019 by Ifi Reporter - Dan Bielski

The ride on the Israel Railroad is expanding. In the first nine months of 2019, the number of trips was 52.4 million, a 6.5 percent growth over the same period last year Israel Railways released...

Cellcom concluded its third quarter with a net loss of NIS 2 million

Posted on Nov 27, 2019 by Ifi Reporter - Dan Bielski

Cellcom Telecom concluded its third quarter of 2019 with an increase in revenue, but erosion in operating profit and a net loss. The company posted revenues of NIS 938 million, an increase of 3.1%...

The October composite state-of-the-economy index rose by 0.3%

Posted on Nov 27, 2019 by Ifi Reporter - Dan Bielski

The October composite state-of-the-economy index rose by 0.30%. The growth rate of the index reflects long-term growth with slight acceleration over the past two months. The combined index was...

Cellular partner revenues decreased by 2% to NIS 608 million

Posted on Nov 27, 2019 by Ifi Reporter - Dan Bielski

Cellular partner revenues decreased by 2% to NIS 608 million, compared with NIS 619 million in the corresponding quarter. Stationary revenues (TV and Internet) increased by 5% to NIS 258 million,...

The unemployment rate continued to fall in October: 3.4%

Posted on Nov 25, 2019 by Ifi Reporter - Dan Bielski

The unemployment rate continued to fall last October, to a mere 3.4% of the workforce - a figure that was last recorded in 1978; According to data from the Central Bureau of Statistics (CBS)...

Golf's third Quarter revenues: NIS 236 million

Posted on Nov 25, 2019 by Ifi Reporter - Dan Bielski

Golf's financial statements release a disappointing third quarter that indicates the instability suffered by the fashion company, which has been controlled by Clal Industries for a long time....

Israeli cyber startup ​"​Perimeter 81" has raised $ 10 million

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

Cyber ​​Perimeter 81, which develops Network as a Service (NaaS) platform for secure access to enterprise applications and resources in the cloud and on local networks, has raised $ 10 million...

The Histadrut and OPC Energy have signed a collective agreement

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

The Histadrut and OPC Energy have signed a collective agreement that will apply to dozens of the company's power plant, located in the Rotem Plain near Dimona. This is the second renewal...

Blue and White: Netanyahu must resign from a number of ministerial positions he holds

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

Following the announcement by the Chief prosecutre and legal advisor of the government Avichai Mandelblit yesterday regarding his decision to file 3 indictments, Prime Minister Benjamin Netanyahu...

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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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