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

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Finance Minister Kahlon: We met the deficit target -- 2.9%

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

Finance Minister Moshe Kahlon claims that Treasury figures show that the ministry has met the deficit target, which is expected to reach 2.9%. He said this in a speech at the Ministry of...

The Second Authority will recomend the merger between "reshet" and "channel 10"

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

The Committee for the Reduction of Concentration recommended by the majority vote to the Second Authority to approve the merger between "Reshet" and "channel 10". The majority...

polished diamond exports in 2018: $ 4,483 billion

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

Net polished diamond exports totaled $ 4,483 billion in 2018, compared to $ 3,044 billion in the same period last year. Net rough diamond exports totaled $ 2,253 billion in 2018, compared with $...

IMI won a contract worth NIS 1.25 billion from the Israeli Defense Ministry

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

The military industry controlled by Elbit, the Israeli arms manufacturer, announced on Sunday that it had won a framework contract worth NIS 1.25 billion from the Israeli Defense Ministry for the...

Traffic Police: 37% increase in enforcement against life-threatening offenses in 2018

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

The Israel Police has completed a year and publishes the enforcement data for 2018. In the past year, the police have begun to use still cameras to photograph mobile drivers and stationary cameras...

the Ministry of Economy is issuing a tender to promote non-bank credit

Posted on Dec 29, 2018 by Ifi Reporter - Dan Bielski

The Small and Medium Enterprises Agency in the Ministry of Economy and Industry is issuing a tender to promote non-bank credit. This publication follows the conclusion of Minister of Economics Eli...

The Committee for Reforms approved the bill for payment services

Posted on Dec 26, 2018 by Ifi Reporter - Dan Bielski

The Committee for Reforms, headed by MK Rachel Azaria of the "Yesh Atid" party, approved the bill for payment services a few hours before the Knesset's dissolution, proposing...

The November State-of-the-Economy Index rose by 0.3%

Posted on Dec 25, 2018 by Ifi Reporter - Dan Bielski

The November State-of-the-Economy Index rose by 0.3%, indicating that the economy will continue to expand at a good pace. The composite index was positively affected by the rise in imports of...

A group of investors from north America will operate in israerl oil an gas fields

Posted on Dec 25, 2018 by Ifi Reporter - Dan Bielski

A group of investors from the oil and gas drilling sector, incorporated under a Canadian company called Alberta-Texas Energy Ventures Inc., signed a partnership with Gevaot Olam, a partnership to...

The Knesset Economics Committee: limits fines on large corporations to NIS 100 million

Posted on Dec 25, 2018 by Ifi Reporter - Dan Bielski

The Knesset Economics Committee decided to soften an amendment to the Antitrust Law that was supposed to allow the Antitrust Authority to impose very high fines on monopolies and large...

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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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