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

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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...

police recommends: Hadera Mayor Zvika Gendelman be tried on suspicion of fraud

Posted on Dec 19, 2018 by Ifi Reporter - Dan Bielski

Police recommend that Hadera Mayor Zvika Gendelman and contractor Sami Levy be tried on suspicion of fraud and breach of trust, violations of the Computers Law and offenses of obstructing court...

100 projects offer replacement of old and energy technologies in new ones

Posted on Dec 12, 2018 by Ifi Reporter - Dan Bielski

The Ministry of Environmental Protection, the Ministry of Energy and the Ministry of Finance, announced the projects in which NIS 84 million  will be awarded for energy efficiency projects...

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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 →

Hadas Water Launches Under-Sink Purified Water System With Special Shabbat Mechanism

Mar 10, 2026 by Ifi Reporter - Dan Bielski

Hadas Water , one of Israel’s leading companies in the development and production of purified water bars, has introduced a new under-sink system that dispenses both hot and cold purified water and includes a unique mechanism designed for use on Shabbat.... Continue reading →

Survey: Majority of Israeli Opinion Leaders Say Rami Levy Offers Cheapest Passover Shopping Basket

Mar 10, 2026 by Ifi Reporter - Dan Bielski

A new survey conducted by the Geocartography Survey Institute found that a majority of Israeli opinion leaders believe the Rami Levy Hashikma Marketing supermarket chain offers the cheapest shopping basket for Passover. According to the survey, 62% of... Continue reading →

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