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

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MalamTeam's Revenue increased in 2018 by NIS 1.9 billion

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

MalamTeam reports its results for the fourth quarter of 2018 and for the full year and it is clear that the Group's revenues for the fourth quarter of 2018 totaled NIS 581.3 million, an...

Israeli syber company "Kape" increased it's profit by 28% to $ 10.4 million

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

The company Kape, controlled by Teddy Sagi, recorded a 28% increase in operating profit last year, totaling $ 10.4 million, according to the company's final results for 2018. The company's...

Public's financial assets portfolio declined by NIS 5 billion in the Q4

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

In the fourth quarter of 2018, the balance of the public's financial assets portfolio declined by NIS 5 billion to a level of NIS 3.7 trillion. The share of the public's financial assets...

Cellcom reports: a transition to loss of NIS 64 million in 2018

Posted on Mar 18, 2019 by Ifi Reporter - Dan Bielski

Cellcom reports a decline in revenues, a fall in operating profit, and a transition to loss - in the summary of 2018 and in the fourth quarter. The company ended the past year with a loss of NIS...

Yes will stop broadcasting via satellite technologies and will switch to Internet

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

Drama on the TV market: Yes will stop broadcasting via satellite technologies and will switch to television broadcasts on the Internet only, like Cellcom and Partner. Bezeq said in a statement to...

The First International Bank profit increased by 8.1% in 2018 to NIS 733 million

Posted on Mar 13, 2019 by Ifi Reporter - Dan Bielski

The First International Bank publishes its reports for the previous year: The bank's net profit increased by 8.1% in 2018 to NIS 733 million. Return on equity reached 9.3%, compared with 9.1%...

El Al lost $ 32 million in the fourth quarter and $ 52 million for 2018

Posted on Mar 13, 2019 by Ifi Reporter - Dan Bielski

El Al published its financial statements for the fourth quarter of 2018 and for the full year. The company lost $ 32 million in the fourth quarter and $ 52 million for the year as a result of...

Discount Bank profit increased in 2018 by 19.5% to NIS 1.5 billion

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

Discount Bank published its reports for 2018, which indicate continued growth in activity and restraint of expenses. Net profit increased last year by 19.5% to NIS 1.5 billion. The fourth quarter...

Check Point revealed: security breach in software used by ultrasound machine in Israel

Posted on Mar 8, 2019 by Ifi Reporter - Dan Bielski

Check Point revealed a security breach in software used by an ultrasound machine at a central hospital in Israel. Check Point researchers found that the system used by the ultrasound device is the...

Bank Hapoalim will increase the amount of the provision for their assistance to custommers how ro evade taxes

Posted on Mar 7, 2019 by Ifi Reporter - Dan Bielski

Bank Hapoalim reports to the stock exchange that it is expected to record a material provision in its financial reports for 2018. The investigation against Bank Hapoalim deals with tax advice...

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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 →

Why AI Adoption on the Factory Floor Is Far More Complicated Than a Successful Demo

Aug 25, 2026 by Ifi Reporter - Dan Bielski

The integration of artificial intelligence (AI) has become a major priority for technology companies and startups. Yet when AI solutions move from development environments to the physical factory floor, the reality can be considerably more complex.... Continue reading →

SACHEK NA Introduces New 3D Plastic Puzzle Collection Featuring Iconic Cars

Aug 25, 2026 by Ifi Reporter - Dan Bielski

Israeli toy and puzzle company SACHEK NA, owned by Meir Klughaft and Yossi Bar-On, is introducing a new collection of 3D plastic vehicle puzzles, combining traditional puzzle assembly with three-dimensional model building. From Porsche and Ferrari to the Harry Potter Bus The new... Continue reading →

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