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

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The Israeli model Bar Refaeli will pay taxes in Israel on income of millions Shekels obtained abroad

Posted on Apr 22, 2019 by Ifi Reporter - Dan Bielski

The international Israeli model Bar Refaeli will pay tax in Israel on income of tens of millions of shekels abroad in 2009 and 2010. The Central District Court in Lod ruled that the civil tax...

Railway: intensive negotiations until June 1st to resolve the disputes with management

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

The week that will begin today will be less stormy in terms of railway services in the hope that we will not witness any mishaps between Ben-Gurion Airport and Jerusalem. The labor court has...

Seedo looks in the US a patent for a system that helps to raise medical cannabis using artificial intelligence

Posted on Apr 16, 2019 by Ifi Reporter - Dan Bielski

Seedo filed a patent in the US for a system to help raise medical cannabis effectively using artificial intelligence. The system is integrated into an automatic growing facility of medical...

The Postal Bank offers: purchasing foreign currency at ATMs

Posted on Apr 16, 2019 by Ifi Reporter - Dan Bielski

The Postal Bank offers for the first time the possibility of purchasing foreign currency at ATMs throughout the country, by reducing the exchange rate by 4.5 agorot, relative to the currency...

Update: Economic growth in the fourth Q of 2018 - 3.1%

Posted on Apr 16, 2019 by Ifi Reporter - Dan Bielski

Economic growth in the fourth quarter of 2018 was updated to 3.1% in the third estimate published today by the Central Bureau of Statistics, compared with 3% growth published in the previous...

Israeli high-tech companies raised $ 1.55 billion in 128 transactions in the first quarter

Posted on Apr 16, 2019 by Ifi Reporter - Dan Bielski

In the first quarter of this year, Israeli high-tech companies raised $ 1.55 billion in 128 transactions, according to the fundraising report of the IVC Research Institute and the ZAG-S & W...

Israeli Magisto is acquired by the Vimeo video sharing platform for more than $ 100 million

Posted on Apr 15, 2019 by Ifi Reporter - Dan Bielski

Israeli Magisto is acquired by the Vimeo video sharing platform; The amount of the acquisition has yet to be disclosed, but according to market estimates, it stands at $ 100 million. The deal is...

The credit data database activity began In practice on Sunday Apr. 14th

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

The credit data database was published. In practice, his activity began on Sunday. This is a large and complex project led by the Bank of Israel in recent years, and its purpose is to increase...

"Israelis prefer to spend their time in Pesach holidays abroad"

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

Israelis prefer holidays abroad rather than tospend their holiday in Israel. A 38% drop in bookings for hotels in Israel was registered compared to the previous Passover holiday, according to the...

The Ministry of Communications fines Pelephone in an amount of NIS 700,000

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

The Ministry of Communications oversees the protection of minors from surfing cellular phones. He informed Pelephone of his intention to impose a fine of about NIS 700,000. According to the firm,...

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BRICKSTONE Reports 16% Surge in Safe Deposit Box Rentals by Israelis Living in Western Europe

Oct 16, 2026 by Ifi Reporter - Dan Bielski

 BRICKSTONE, a company operating three private, high-security safe deposit facilities in Israel, has reported an approximately 16% increase over the past month in safe deposit box rentals by Israelis living in France, Germany, the United Kingdom and Belgium. The company attributes... Continue reading →

Finance Ministry Delay Threatens Entry of 50,000 Foreign Workers into Israel

Oct 16, 2026 by Ifi Reporter - Dan Bielski

A dispute over a NIS 10 million budget transfer from Israel’s Finance Ministry is reportedly holding up a government plan to increase the permitted share of foreign workers in the Israeli economy, potentially delaying the arrival of 50,000 additional workers across several key sectors.... Continue reading →

Shoofra Opens New Store at Israel’s Golden Mall, Investing NIS 1 Million

Oct 16, 2026 by Ifi Reporter - Dan Bielski

 Shoofra, the Israeli footwear retailer known for its colorful, original designs and distinctive shoe brands, has opened a new store on the newly inaugurated floor of Golden Mall in Rishon LeZion. The 170-square-meter store represents an investment of approximately NIS 1 million... Continue reading →

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