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

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Maj. Gen. (res.) Yoav "Poly" Mordechai Questioned Under Caution in Qatar-Linked Bribery Affair

Posted on Jul 3, 2025 by Ifi Reporter - Dan Bielski

Maj. Gen. (res.) Yoav (Poly) Mordechai , former IDF Coordinator of Government Activities in the Territories (COGAT), was questioned under caution over a month ago in connection with a...

Ituran Report: Vehicle Thefts in Israel Drop 3% in First Half of 2025

Posted on Jul 2, 2025 by Ifi Reporter - Dan Bielski

A new report by Ituran , based on a nationwide sample of 935,000 vehicles , reveals a 3% decrease in vehicle thefts across Israel in the first half of 2025 compared to the same period last...

ational Full Contact Karate Championship to Honor Fallen IDF Officer Capt. Eden Provisor

Posted on Jul 2, 2025 by Ifi Reporter - Dan Bielski

The Israeli Full Contact Karate Championship will take place today at Mosinson High School in Hod Hasharon , in memory of Captain Eden Provisor , an IDF officer who fell in battle during...

Partner Communications Completes Nationwide Upgrade to Private 5G Network

Posted on Jul 2, 2025 by Ifi Reporter - Dan Bielski

 Partner Communications Group has become the first telecommunications company in Israel to transition all of its mobile customers to the core of a Private 5G network , marking a major...

Mercantile Bank and Interior Ministry Offer Loan Deferral Plan for War-Affected Municipalities

Posted on Jul 1, 2025 by Ifi Reporter - Dan Bielski

 In response to the financial strain faced by local governments following Operation "With a Dog" , Mercantile Bank , in cooperation with the Ministry of the Interior , has...

Missile has been Fired from Yemen and Triggers Alarms Across Southern Israel

Posted on Jun 28, 2025 by Ifi Reporter - Dan Bielski

Air raid sirens sounded Saturday morning in multiple communities across southern Israel following the launch of a missile from Yemen. The Israel Defense Forces (IDF) confirmed that the missile...

Nur Amar has been Appointed as Chairman of the Eilat Hotel Association

Posted on Jun 28, 2025 by Ifi Reporter - Dan Bielski

Nur Amar, CEO of the Club Hotel chain, has been elected Chairman of the Eilat Hotel Association, the organization announced this week. Amer brings more than three decades of experience in the...

Netanyahu Declares “Historic Victory” After Ceasefire with Iran, Amid Tensions with Trump

Posted on Jun 24, 2025 by Ifi Reporter - Dan Bielski

Prime Minister Benjamin Netanyahu delivered a televised address Tuesday evening, just hours after a ceasefire between Israel and Iran went into effect, marking the end of Operation "Am...

Government Unveils War Compensation Plan for Businesses and Employees

Posted on Jun 23, 2025 by Ifi Reporter - Dan Bielski

The Ministry of Finance , together with the Histadrut and representatives from the business sector , today (Sunday) presented a new economic compensation outline to support businesses and...

Sharp Decline in Building Permits and Completions Despite Annual Growth in Construction Starts

Posted on Jun 22, 2025 by Ifi Reporter - Dan Bielski

Israel’s construction sector saw 17,318 new housing starts in the first quarter of 2025 , marking a 12% decrease compared to the previous quarter, but a 6.5% increase...

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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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