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

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ICL Fertilizers and Minerals: 12% decrease in quarterly profit to $ 166 million

Posted on Feb 6, 2019 by Ifi Reporter - Dan Bielski

The ICL Fertilizers and Minerals Company, which is controlled by Idan Ofer Israel Corporation, summarizes the fourth quarter of 2018 with a 4% growth in sales compared with the fourth quarter of...

ISA is launching the Global Financial Innovation Network to promote financial innovation

Posted on Feb 1, 2019 by Ifi Reporter - Dan Bielski

The Israel Securities Authority (ISA) is launching the Global Financial Innovation Network (GFIN), an international network for the promotion of financial innovation, with other regulators...

The Ministry of Environmental Protection ordered "polyol": remove 400 tons of hazardous material

Posted on Jan 29, 2019 by Ifi Reporter - Dan Bielski

The Ministry of Environmental Protection recently issued an evacuation order to the polyol factory in the Kanot Industrial Zone, which orders the removal of 400 tons of hazardous materials stored...

The Israeli cyber startup "Salt Security" raised $ 10 million

Posted on Jan 29, 2019 by Ifi Reporter - Dan Bielski

the Israeli cyber startup "Salt Security" raised $ 10 million. The round was led by the fund of Haim Sadger, S Capital, which is one of the founders of the Sequoia Israel Fund. To which...

Intel: a new camera enables products understand where they are in the world

Posted on Jan 25, 2019 by Ifi Reporter - Dan Bielski

Intel presents a new RealSense camera with a specific focus on enabling hardware-makers to help their products understand where they are in the world. The RealSense Tracking Camera T265 is...

Intel revealed ntel is showing off a new RealSense camera with a specific focus on enabling hardware-makers to help their products understand where t

Posted on Jan 25, 2019 by Ifi Reporter - Dan Bielski

Intel presented a new RealSense camera with a specific focus on enabling hardware-makers to help their products understand where they are in the world. The RealSense Tracking Camera T265 is...

Israel is in the 5th place in Bloomberg's global innovation rankings

Posted on Jan 23, 2019 by Ifi Reporter - Dan Bielski

8 Israeli companies are on the list of 60 innovative companies. Despite its relatively small size, Israel managed to be ranked second on the list, second only to the United States. Among the...

2018: the government approved NIS 5 million in environmental epidemiology in the Haifa Bay

Posted on Jan 22, 2019 by Ifi Reporter - Dan Bielski

In 2018, the Ministry of Environmental Protection approved NIS 5 million in environmental epidemiology in the Haifa Bay and environmental aspects of oil substitutes for transportation for nine new...

"Helman-Aldubi" investment house is establishing a public fund to finance urban renewal

Posted on Jan 22, 2019 by Ifi Reporter - Dan Bielski

The Helman-Aldubi investment house is expanding its investment activity and has signed a partnership agreement, in equal parts, with Divergon for the establishment of a public fund to provide...

Teva presents: A sharp drop in the company's expenses on lobbying

Posted on Jan 22, 2019 by Ifi Reporter - Dan Bielski

Teva has decided to stop increasing the lobbying expenses by in the United States. A sharp drop in the company's expenses was recorded in 2018. Teva reported to the US authorities that in 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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