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

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Railway: intensive negotiations until June 1st to resolve the disputes with management

Posted on Apr 20, 2019 by Ifi Reporter - Dan Bielski

The week that will begin today will be less stormy in terms of railway services in the hope that we will not witness any mishaps between Ben-Gurion Airport and Jerusalem. The labor court has...

Seedo looks in the US a patent for a system that helps to raise medical cannabis using artificial intelligence

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

Seedo filed a patent in the US for a system to help raise medical cannabis effectively using artificial intelligence. The system is integrated into an automatic growing facility of medical...

The Postal Bank offers: purchasing foreign currency at ATMs

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

The Postal Bank offers for the first time the possibility of purchasing foreign currency at ATMs throughout the country, by reducing the exchange rate by 4.5 agorot, relative to the currency...

Update: Economic growth in the fourth Q of 2018 - 3.1%

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

Economic growth in the fourth quarter of 2018 was updated to 3.1% in the third estimate published today by the Central Bureau of Statistics, compared with 3% growth published in the previous...

Israeli high-tech companies raised $ 1.55 billion in 128 transactions in the first quarter

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

In the first quarter of this year, Israeli high-tech companies raised $ 1.55 billion in 128 transactions, according to the fundraising report of the IVC Research Institute and the ZAG-S & W...

Israeli Magisto is acquired by the Vimeo video sharing platform for more than $ 100 million

Posted on Apr 15, 2019 by Ifi Reporter - Dan Bielski

Israeli Magisto is acquired by the Vimeo video sharing platform; The amount of the acquisition has yet to be disclosed, but according to market estimates, it stands at $ 100 million. The deal is...

The credit data database activity began In practice on Sunday Apr. 14th

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

The credit data database was published. In practice, his activity began on Sunday. This is a large and complex project led by the Bank of Israel in recent years, and its purpose is to increase...

"Israelis prefer to spend their time in Pesach holidays abroad"

Posted on Apr 11, 2019 by Ifi Reporter - Dan Bielski

Israelis prefer holidays abroad rather than tospend their holiday in Israel. A 38% drop in bookings for hotels in Israel was registered compared to the previous Passover holiday, according to the...

The Ministry of Communications fines Pelephone in an amount of NIS 700,000

Posted on Apr 11, 2019 by Ifi Reporter - Dan Bielski

The Ministry of Communications oversees the protection of minors from surfing cellular phones. He informed Pelephone of his intention to impose a fine of about NIS 700,000. According to the firm,...

Bank of Israel decided to leave the interest rate unchanged at 0.25%

Posted on Apr 10, 2019 by Ifi Reporter - Dan Bielski

The Monetary Committee decided to leave the interest rate unchanged at 0.25%. The inflation environment stabilized slightly above the lower limit of the target range. In the last nine months, with...

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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 →

Israeli High-Tech Investors Move to Secure Future of Channel 13

Mar 13, 2026 by Ifi Reporter - Dan Bielski

A group of Israeli high-tech investors has stepped in to support the future of Channel 13 , in a move that supporters say is intended to preserve independent journalism and strengthen pluralistic media in Israel. The development emerged amid uncertainty surrounding the channel’s... Continue reading →

Hadas Water unveiled a first-of-its-kind under-sink system for Shabbat observant users

Mar 13, 2026 by Ifi Reporter - Dan Bielski

Israeli company Hadas Water , a developer and manufacturer of purified water bars, has unveiled a first-of-its-kind under-sink system in Israel designed to provide hot and cold purified water while incorporating a special mechanism adapted for Shabbat observant users. The system,... Continue reading →

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