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

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IEEE, the world's largest technical professional organization conducted the board’s first-ever meeting in Israel

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

IEEE, the world's largest technical professional organization dedicated to advancing technology for humanity, and the IEEE Standards Association (IEEE SA) conducted the...

The Ministry of Communications wants to neutralize Bezeq's advantage being infrastructure companies

Posted on Feb 11, 2020 by Ifi Reporter - Dan Bielski

The Ministry of Communications has published another hearing aimed at neutralizing Bezeq's advantage in the information that comes from being infrastructure companies, compared to service...

Freelancer's average salary in Israel is $ 42 an hour - twice the global average

Posted on Feb 10, 2020 by Ifi Reporter - Dan Bielski

Freelancer's average salary in Israel is $ 42 an hour, according to a study conducted by the international money transfer company Pioneer (Payoneer). The global average wage is $ 21 an hour,...

Elbit has won $ 136 million contract to supply Direct Infra-Red Counter Measure laser systems

Posted on Feb 10, 2020 by Ifi Reporter - Dan Bielski

Elbit Systems has won $ 136 million in contracts to supply DIRCM (Direct Infra-Red Counter Measure) laser systems (the Israeli name of the system is a sky shield). The contracts were signed with...

"Yeynot Bitan": employees were notified they could voluntarily retire and receive the full conditions

Posted on Feb 9, 2020 by Ifi Reporter - Dan Bielski

About two weeks after the signing of the memorandum of understanding with the Klirmark Fund, which is supposed to inject about NIS half a billion into a group of "Yeynot Bitan" and to...

Shlomo Real Estate: Acquisition of ECI Telecom, a total of 26 acres of land, for NIS 170 million

Posted on Feb 7, 2020 by Ifi Reporter - Dan Bielski

Shlomo Real Estate continues to swing and report a record deal since its inception: Acquisition of telecommunications company ECI Telecom, a total of 26 acres of land, for NIS 170 million...

A slight earthquake was felt before 7:00 am in many areas of Israel

Posted on Feb 6, 2020 by Ifi Reporter - Dan Bielski

A slight earthquake was felt before 7:00 am in many areas of Israel. At the Geophysical Institute, we updated that the magnitude of the quake was 3.8 degrees and the focus was at sea in the Haifa...

A slight earthquake was felt before 7:00 am in many areas of Israel

Posted on Feb 6, 2020 by Ifi Reporter - Dan Bielski

A slight earthquake was felt before 7:00 am in many areas of Israel. At the Geophysical Institute, we updated that the magnitude of the quake was 3.8 degrees and the focus was at sea in the Haifa...

The average salary of Israeli workers in November 2019 was NIS 10,499

Posted on Feb 4, 2020 by Ifi Reporter - Dan Bielski

The average salary of Israeli workers in November 2019 was NIS 10,499 gross per month, an increase of 1.6% compared to November 2018. According to figures published by the Central Bureau of...

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...

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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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