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

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A 2.8% discount per liter of milk for dairies

Posted on Jul 1, 2024 by Ifi Reporter - Dan Bielski

A 2.8% discount per liter of milk for dairies - most likely will not be passed on to consumers in the near future: the Dairy Council announced that the target price of milk, which is the price...

Dor Alon is entering the field of food production: Acquires Kafu Zaan

Posted on Jun 20, 2024 by Ifi Reporter - Dan Bielski

The Dor Alon fuel and food retail company controlled by Moti Ben Moshe is entering the field of food production for the first time. The company acquires 75% of the shares of Kafu Zaan for NIS...

IDF announced a local tactical pause in military activity in the southern Gaza Strip

Posted on Jun 16, 2024 by Ifi Reporter - Dan Bielski

The IDF announced on Sunday a local tactical pause in the military activity in the southern Gaza Strip, on the road leading from Kerem Shalom to the Saladin road and to the north, which will...

Rapyd the digital payment platform is laying off about 30 employees

Posted on Jun 16, 2024 by Ifi Reporter - Dan Bielski

Rapyd, the digital payment platform, is laying off about 30 employees - almost 4% of the company's approximately 800 employees. Most of the laid-off are programmers, according to the source...

NIS 1.2 billion for the ultra-Orthodox through the 3,438 "discount apartment" tenders

Posted on Jun 16, 2024 by Ifi Reporter - Dan Bielski

Tomorrow (Monday) one of the largest and most important housing tenders of this year is expected to take place: a tender for the construction of 3,438 apartments in the new ultra-Orthodox...

Organizers of "Eurosatory" arms exhibition intend to appeal against a ruling that Israeli companies can't take part

Posted on Jun 16, 2024 by Ifi Reporter - Dan Bielski

The organizers of the important "Eurosatory" arms exhibition that will take place this week in France intend to appeal the ruling issued by the country's court last week, which...

Discount's board of directors approved the bank's decision to purchase from Persal its share in Paybox

Posted on Jun 16, 2024 by Ifi Reporter - Dan Bielski

Discount's board of directors approved the bank's decision to purchase from Persal its share in Paybox for NIS 77 million and will become the sole owner of the company....

Israeli Ilit Raz was indicted for defrauding investors in the amount of at least 21 million dollars

Posted on Jun 12, 2024 by Ifi Reporter - Dan Bielski

The American Securities and Exchange Commission filed an indictment against Israeli Ilit Raz, the founder and CEO of the artificial intelligence startup Joonko. The lawsuit filed in the District...

Deficit in the government's activities climbed in May and reached 7.2%

Posted on Jun 10, 2024 by Ifi Reporter - Dan Bielski

The d eficit in the government's activities climbed in May and reached 7.2% , compared to a deficit of 7% in April - according to the budget execution estimate of the Accountant General at...

Security Council adopted the proposal that calls on Hamas to accept the hostage deal

Posted on Jun 9, 2024 by Ifi Reporter - Dan Bielski

The Security Council adopted tonight (Monday) the proposal that calls on Hamas to accept the hostage deal. 14 countries are in favor and Russia abstained. The proposed American resolution calls...

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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 →

New Jersey Alleges $122 Million Fraud by El Al Controlling Shareholder in U.S. Nursing Homes

Dec 11, 2025 by Ifi Reporter - Dan Bielski

A report by the New Jersey State Comptroller has accused Kenny Rosenberg , the controlling shareholder of El Al Airlines (48%) , and his business partner Darryl Hagler of orchestrating a large-scale fraud scheme involving nursing homes under their ownership in the United States. The... Continue reading →

Israel Mandates Solar Panels on New Homes in Landmark Renewable Energy Reform

Dec 11, 2025 by Ifi Reporter - Dan Bielski

Israel is set to implement one of its most significant renewable energy reforms to date, as a new Ministry of Energy regulation will require solar energy systems on the roofs of all newly built homes with roof areas exceeding 100 square meters. The regulation comes into force on December 12,... Continue reading →

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