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

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Hamas published documentation of Nadav Poplewell, who was kidnapped from Kibbutz Nirim

Posted on May 11, 2024 by Ifi Reporter - Dan Bielski

Hamas published documentation of Nadav Poplewell, who was kidnapped from Kibbutz Nirim. Popplewell, 51 years old, was taken to Gaza with his mother Hana Perry, and she was released in the hostage...

Playtika the international gaming giant increased revenues by 2.1% to $171.5 million

Posted on May 9, 2024 by Ifi Reporter - Dan Bielski

Playtika, the international gaming giant, published its financial results for the first quarter of 2024, which ended on March 31, 2024. The data showed that although revenues increased by 2.1%...

The "Vita Fruit HaGalil" factory in Hazor HaGalil is facing imminent closure

Posted on May 7, 2024 by Ifi Reporter - Dan Bielski

The "Vita Fruit HaGalil" factory in Hazor HaGalil is facing imminent closure, dealing a blow to the northern region's economy. Despite efforts by the Economic Committee and the...

An Israeli-Jewish businessman was murdered in Egypt

Posted on May 7, 2024 by Ifi Reporter - Dan Bielski

Egypt reported this evening (Tuesday) about an Israeli-Jewish businessman who was apparently murdered in the city of Alexandria in the north of the country. According to the reports in the local...

Cybersecurity Giant Cyber Wiz Raises Record-Breaking $1 Billion in Funding

Posted on May 7, 2024 by Ifi Reporter - Dan Bielski

Cybersecurity firm Cyber Wiz (WIZ) has made headlines with its recent fundraising round, securing an impressive $1 billion at a valuation of $12 billion. The fundraising effort included a...

Two IDF soldiers were killed Monday by an explosive Hezbollah drone blast

Posted on May 7, 2024 by Ifi Reporter - Dan Bielski

Two IDF soldiers - Acting Master Sergeant Dan Kamhaji, 31 years old from Kfar Oranim, and Acting Master Sergeant Nachman Natan Hertz, 31 years old from Elazar - were killed yesterday (Monday) by...

Israeli Authorities Raid Al Jazeera Offices in Jerusalem Following Government Decision to Close Network

Posted on May 5, 2024 by Ifi Reporter - Dan Bielski

Israeli police conducted a raid on the offices of the Qatari-based Al Jazeera network located in the Ambassador Hotel in Jerusalem on Sunday. This operation followed the Israeli government's...

Deficit in the government's activities climbed in May and reached 7.2%

Posted on May 5, 2024 by Dan Bielski

The  deficit in the government's activities climbed in May and reached 7.2% , compared to a deficit of 7% in April - according to the budget execution estimate of the Accountant...

J.P. Morgan Report: Turkey's Trade Freeze with Israel May Have Limited Impact

Posted on May 4, 2024 by Ifi Reporter - Dan Bielski

In a special report circulated to its clients, J.P. Morgan, the world's largest investment bank, highlighted Turkey's recent decision to freeze trade with Israel "until a permanent...

Electra Group Secures Lucrative Contract for JFK Airport Terminal 1 Lighting System Construction

Posted on May 3, 2024 by Ifi Reporter - Dan Bielski

Expanding its foothold in the United States, Electra Group has announced a significant milestone as its subsidiary, Gilston (51% owned), clinched a subcontracting deal for the construction of 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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