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

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tax authority arrested 2 Israelis due to information they held unerported bank accounts abroad

Posted on Dec 18, 2019 by Ifi Reporter - Dan Bielski

The tax authority has arrested two other Israelis following information it received on unreported bank accounts held abroad, the amount of which is NIS 77 million. The two were arrested as part...

The first satellite built by Elbit Systems was launched into space

Posted on Dec 18, 2019 by Ifi Reporter - Dan Bielski

The first satellite built by Elbit Systems was launched into space using an Indian missile. This is a tiny, tiny-weight satellite, built as part of a project initiated by the BIRD Foundation and...

Bank Hapoalim's PMI rose in November by 0.1%

Posted on Dec 17, 2019 by Ifi Reporter - Dan Bielski

Bank Hapoalim's PMI rose in November by 0.1 points to 8.52 points. Index rise in month The latter is largely a contribution from an increase in the export order component, which...

demand t of NIS 3.8 billion in the issuance of the Israeli Ports Bonds

Posted on Dec 17, 2019 by Ifi Reporter - Dan Bielski

High demand in the amount of NIS 3.8 billion was recorded in the institutional phase that took place in the issuance of the Israeli Ports Bonds (HNI), which establishes the southern port and the...

research: effluent used for irrigating vegetables contains 70 non-decomposing chemicals

Posted on Dec 17, 2019 by Ifi Reporter - Dan Bielski

Extensive research shows that the effluent used for irrigating vegetables and fruits contains about seventy non-decomposing chemicals, including those used in the pharmaceutical industry. The...

Minrav projects was sold to the Nakash brothers and Israel Canada for NIS 550 million

Posted on Dec 17, 2019 by Ifi Reporter - Dan Bielski

Minrav sells Minrav projects to the Nakash brothers and Israel Canada for NIS 550 million, which is a 5% premium on the market price that opened at NIS 524 million this morning. "Israel...

approved: the construction of a desalination plant in the Western Galilee

Posted on Dec 17, 2019 by Ifi Reporter - Dan Bielski

The National Commission on National Infrastructure, headed by Zeev Bilsky, unanimously approved the plan for the construction of a desalination plant in the Western Galilee. The planning and...

Brown hotels won a tender for the establishment of a hotel at Ben Gurion Airport

Posted on Dec 16, 2019 by Ifi Reporter - Dan Bielski

Brown hotels, in partnership with the Aman Group, have won a tender for the establishment of a hotel at Ben Gurion Airport. The hotel will be built adjacent to Terminal 3 at Ben Gurion Airport and...

Ministry of Communications intends to impose sanctions on Bezeq International and partner

Posted on Dec 16, 2019 by Ifi Reporter - Dan Bielski

Senior Vice President and Director of the Supervision and Enforcement Administration at the Ministry of Communications, Eitan Casif, announced Bezeq International's intention to impose a...

Bezeq chairman Shlomo Rudev has been emloying for three years, a foreign worker without permits

Posted on Dec 14, 2019 by Ifi Reporter - Dan Bielski

Bezeq chairman Shlomo Rudev and his wife Merav have been emloying at their home in Savyon for three years, a foreign worker from the Philippines without permits. An indictment was filed by the...

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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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