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

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Entrepreneurs and Executives Meet at Reichman University for “Creativity in Action” Mentorship Event

Posted on May 18, 2025 by Ifi Reporter - Dan Bielski

An exceptional mentorship event was held this week at Reichman University as part of the “ Creativity in Action” course led by Dr....

Terminal X Reports 40% Profit Jump Despite Revenue Dip and Margin Pressure

Posted on May 18, 2025 by Ifi Reporter - Dan Bielski

Terminal X , the e- commerce arm of the Fox Group , reported a 40% increase in net profit for the first quarter of 2025, reaching...

Ofek Aerial Photography Acquires Cutting-Edge LiDAR System to Combat Wildfires and Enhance Mapping Capabilities

Posted on May 18, 2025 by Ifi Reporter - Dan Bielski

Ofek Aerial Photography , a leading Israeli company in aerial imaging and geographic mapping, announced it has acquired one of the world’s...

Colmobil Energy Wins National “Sunshine for All” Project to Install Solar Systems on 100 Homes

Posted on May 18, 2025 by Ifi Reporter - Dan Bielski

Colmobil Energy , one of Israel’s leading companies in the residential solar sector, has won a competitive bid to lead the “ Sunshine...

Former U.S. President Joe Biden Diagnosed with Aggressive Prostate Cancer

Posted on May 18, 2025 by Ifi Reporter - Dan Bielski

Former U. S. President Joe Biden , 82, has been diagnosed with an aggressive form of prostate cancer that has metastasized to the bones ,...

Ashkelon Defense Firm Reports 7% Rise in Q1 Profit Amid Soaring Military Demand

Posted on May 18, 2025 by Ifi Reporter - Dan Bielski

Ashkelon Industries, a key Israeli defense manufacturer controlled by the FIMI Opportunity Fund ( 84%) , reported a 7% increase in net profit for...

Hadas Water Company Launches Spirit-Plus: A Smart Water Bar with Shabbat-Compatible Features

Posted on May 15, 2025 by Ifi Reporter - Dan Bielski

Hadas Water Company, a leader in the Israeli market for purified water systems, has unveiled its latest innovation: the Spirit- Plus water bar....

Brickstone Offers 77% Discount on Safes for Jerusalem Day: New Robotic Safe Deposit Box Complex Set to Launch in Q2 2025

Posted on May 15, 2025 by Ifi Reporter - Dan Bielski

In celebration of Jerusalem Day, which falls on May 25, Brixton CEO Attorney Dvir Indig announced a limited- time offer: Jerusalem residents will...

YALE Launches Smart Home Security Solutions Ahead of Summer Burglary Surge

Posted on May 15, 2025 by Ifi Reporter - Dan Bielski

As the summer season approaches, so does an estimated 30% rise in home burglaries . In response, leading home security brand YALE is unveiling...

Cal Reports Record Q1 Profit Amid Surge in Overseas Transactions and Card Usage

Posted on May 14, 2025 by Ifi Reporter - Dan Bielski

Credit card company Cal concluded the first quarter of 2025 with its highest- ever quarterly net profit , driven by a strong recovery in...

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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 →

L’Oréal Signs 50-Year Global License Agreement for Gucci Beauty

Jul 15, 2026 by Ifi Reporter - Dan Bielski

L’Oréal has signed an exclusive worldwide 50-year license agreement to create, develop, and distribute fragrance and beauty products under the Gucci Beauty brand, strengthening its position in the global luxury beauty market. The agreement follows the previously... Continue reading →

Mul-T-Lock Partners With Ruach Nashit to Promote Women's Economic Independence

Jul 15, 2026 by Ifi Reporter - Dan Bielski

Mul-T-Lock , a leading Israeli security solutions company, has joined forces with Ruach Nashit (Women's Spirit), an organization dedicated to promoting economic independence among women survivors of domestic violence. The partnership aims to support women in rebuilding their lives... Continue reading →

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