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

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Brickstone Offers 77% Discount on Safes for Jerusalem Day: New Robotic Safe Deposit Box Complex Set to Launch in Q2 2025

Posted on May 15, 2025 by Ifi Reporter - Dan Bielski

In celebration of Jerusalem Day, which falls on May 25, Brixton CEO Attorney Dvir Indig announced a limited- time offer: Jerusalem residents will...

YALE Launches Smart Home Security Solutions Ahead of Summer Burglary Surge

Posted on May 15, 2025 by Ifi Reporter - Dan Bielski

As the summer season approaches, so does an estimated 30% rise in home burglaries . In response, leading home security brand YALE is unveiling...

Cal Reports Record Q1 Profit Amid Surge in Overseas Transactions and Card Usage

Posted on May 14, 2025 by Ifi Reporter - Dan Bielski

Credit card company Cal concluded the first quarter of 2025 with its highest- ever quarterly net profit , driven by a strong recovery in...

International Bank Reports Q1 2025 Results: Net Profit Down 6.8% Amid Higher Tax Burden

Posted on May 14, 2025 by Ifi Reporter - Dan Bielski

The International Bank became the first Israeli bank to publish its financial results for the first quarter of 2025, reporting a net profit of...

IDF Soldier Killed in Golan Heights Car Accident During Operational Activity

Posted on May 1, 2025 by Ifi Reporter - Dan Bielski

The Israel Defense Forces (IDF) announced today that Sergeant Niv Dayag, 19, a soldier in the 890th Battalion of the Paratroopers Brigade, was killed in a car accident during an operational...

Education Minister Yoav Kish Blocks Israel Prize for Sociology Award to Prof. Eva Illoz

Posted on Mar 24, 2025 by Ifi Reporter - Dan Bielski

Education Minister Yoav Kish has refused to award the prestigious Israel Prize for Sociology to Professor Eva Illoz, as determined by the prize committee, due to her involvement in a 2021 case...

Fuel Prices Set to Rise in April: 95 Octane Gasoline to Reach 7.31 Shekels per Liter

Posted on Mar 23, 2025 by Ifi Reporter - Dan Bielski

Starting at midnight tomorrow, Israeli drivers will face a rise in fuel prices as the Ministry of Energy and Infrastructure announces an 8-agorot increase in the cost...

Minimum Wage Increases: Set at 6,247 Shekels Amid Inflation and Worker Shortages

Posted on Mar 17, 2025 by Ifi Reporter - Dan Bielski

Labor Minister Yoav Ben-Zur has officially signed the annual minimum wage increase, which will take effect on April 1. Starting next month, the minimum wage will rise to 6,247 shekels per month,...

Matrix and Magic Announce Merger Deal - Creating $2.14 Billion IT Services Giant

Posted on Mar 11, 2025 by Ifi Reporter - Dan Bielski

In a significant move within the Israeli tech sector, software companies Matrix and Magic confirmed on Tuesday that they have signed a memorandum of understanding to begin negotiations for a...

Delek Group to Become Controlling Shareholder Following 1.3 Billion Shekel Investment

Posted on Feb 20, 2025 by Ifi Reporter - Dan Bielski

American blockchain analytics firm Chainalysis has acquired Israeli cybersecurity startup Hexagate, a company specializing in Web 3.0 and blockchain...

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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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