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

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Optimism Abounds: Israeli Real Estate Industry Shows Signs of Recovery in Q1 2024

Posted on Jun 8, 2024 by Ifi Reporter - Dan Bielski

The Chief Economist Division of the Ministry of Finance has released its much-anticipated review of Israel's real estate sector for the first quarter of 2024, painting a picture of optimism...

Alphabet announced the appointment of Israeli Anat Ashkenazi as the new CFO

Posted on Jun 6, 2024 by Dan Bielski

Alphabet, Google's parent company, announced the appointment of Israeli Anat Ashkenazi as the new CFO, replacing Ruth Porat, who announced last year that she would retire from the position....

One Technologies Reports Record Profits and Organic Growth in Q1 2024

Posted on May 19, 2024 by Ifi Reporter - Dan Bielski

One Technologies, a leading player in the technology sector, has announced its financial results for the first quarter of 2024, revealing impressive organic growth and record profits. The...

Partner Leads the Way with Full 5G Network Launch and Advanced Core

Posted on May 19, 2024 by Ifi Reporter - Dan Bielski

Partner, a major player in the cellular market, has taken a bold step forward by becoming the first to launch a full 5G network with an advanced core. This move positions Partner as a pioneer in...

Israel Post Company Sold to Milgam-Led Investor Group in Privatization Deal

Posted on May 19, 2024 by Ifi Reporter - Dan Bielski

The Israel Post Company has transitioned into private ownership following the selection of a 'preferred bidder' by the Companies Authority. The winning bid, led by the Milgam companies...

Sergeant Major Ran Yaebetz lost his life in an operational accident

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

This morning, tragedy struck in the Gaza Strip as a reservist, Sergeant   Major Ran Yaebetz, lost his life in an operational accident at the Black Arrow monument. The Israeli army confirmed...

Ben & Jerry's: We are supporting the pro-Palestinian demonstrations on campuses across the United States

Posted on May 14, 2024 by Ifi Reporter - Dan Bielski

The board of the Ben & Jerry's ice cream company, owned by Unilever, released a statement supporting the pro-Palestinian demonstrations on campuses across the United States, calling them...

Golf Group Reports Transition to Net Profit in First Quarter: NIS 5.9 million

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

The Golf Group has announced a significant shift to net profit in the first quarter of the year, marking a notable turnaround from the same period last year. According to the company's data,...

Sergeant Ariel Zim, 20 years old from Modi'in, a fighter in the 931st Battalion of the Nahal Brigade, fell in the north of the Gaza Strip

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

The IDF spokesman allowed the publication this evening (Saturday) that Sergeant Ariel Zim, 20 years old from Modi'in, a fighter in the 931st Battalion of the Nahal Brigade, fell yesterday in...

Israel's Eurovision Journey: Fifth Place Finish Amidst Controversy

Posted on May 11, 2024 by Ifi Reporter - Dan Bielski

"From the first moment we had one goal - to make the strong voice of Israel known to the whole world and I know that we achieved this goal in a big way," continued Golan, who over 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 →

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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