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

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Gilat Satellite Networks revenues for 1st quarter: $ 67.4 million

Gilat Satellite Networks revenues for 1st quarter: $ 67.4 million

Posted on May 15, 2018 by Ifi Reporter - Dan Bielski

In the first quarter of the year, Gilat Satellite Networks posted an increase in revenues and a real improvement in profits. The company's revenue, which manufactures communications equipment,...
Dropbox opened its new office in Tel Aviv

Dropbox opened its new office in Tel Aviv

Posted on May 15, 2018 by Ifi Reporter - Dan Bielski

Dropbox opened its new office on the 44th floor of the Azrieli Sarona Tower, the tallest building in Israel. Quentin Clark, Senior Vice President of  Engineering, Product and Design at...
Intel has submitted a business plan to expand its plant in Kiryat Gat

Intel has submitted a business plan to expand its plant in Kiryat Gat

Posted on May 15, 2018 by Ifi Reporter - Dan Bielski

Intel announced today that it has submitted a business plan to expand its plant in Kiryat Gat in order to prepare for future needs. Project details, including schedule, costs and technologies have...

seaports in Israel still under strike

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

Work at the seaports in Ashdod and Haifa is still off, but workers may return to work in the early hours of the morning. In the National Labor Court, the matter of the strike at the ports was...
Xerox launched a printing machine that can print in metallic gold

Xerox launched a printing machine that can print in metallic gold

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

Xerox has announced the launch of the world's leading digital printing machine, the Iridesse. The new printing machine is the only one in the world that can print in metallic gold, silver,...
Minister of Economics Eli Cohen visits Georgia

Minister of Economics Eli Cohen visits Georgia

Posted on May 10, 2018 by Ifi Reporter - Dan Bielski

Minister of Economics and Industry Eli Cohen left Wednesday for a two-day visit to Georgia with a business delegation. During the visit, the Minister will meet with the First Deputy Prime...

Chinese Billionaire will show his delegation Iraeli high-tech and innovation industry

Posted on May 8, 2018 by Ifi Reporter - Dan Bielski

Billionaire Roni Chan, one of China's leading real estate developers and one of the richest people in Hong Kong, visited Israel again with a delegation of senior businessmen from various Asian...
Allot profits for the 1st quarter: $ 15.1 million

Allot profits for the 1st quarter: $ 15.1 million

Posted on May 8, 2018 by Ifi Reporter - Dan Bielski

Allot published its first quarter results for 2018. Revenues for the quarter were $ 21.7 million, up 18% from $ 18.4 million in the first quarter of 2017. GAAP gross profit for the first quarter...

Teva will publish today its results for the first quarter of 2018

Posted on May 3, 2018 by Ifi Reporter - Dan Bielski

Teva is expected to publish its results for the first quarter of 2018 before trading on the New York Stock Exchange. Teva CEO Car-Schultz shares the first full report the company reports when...
Jack Ma, Founder of Alibaba looks for opportunities in Israel

Jack Ma, Founder of Alibaba looks for opportunities in Israel

Posted on May 3, 2018 by Ifi Reporter - Dan Bielski

Jack Ma, Founder and Chairman of the Board of Directors of the Alibaba Group, who is currently on a visit to Israel, met with Minister of Economy and Industry Eli Cohen and his senior staff...

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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 →

Dan Hotels’ Idit Catering Unveils Gourmet Sfinj Collection for Hanukkah

Dec 10, 2025 by Ifi Reporter - Dan Bielski

In advance of the Hanukkah season, Idit Catering of the Dan Hotels Group is launching a gourmet series of Sfinj — North African–style donuts traditionally associated with the Jewish community of Djerba, Tunisia. The culinary initiative is led by Idit’s head chef, Alon... Continue reading →

Ituran Marks 20 Years on NASDAQ: Sheratsky Family to Ring Opening Bell

Dec 3, 2025 by Ifi Reporter - Dan Bielski

The Sheratsky family — Eyal, Nir, and Gil Sheratsky, owners of Ituran — will ring the opening bell at the NASDAQ Stock Exchange in honor of the 20th anniversary of Ituran’s IPO . “It is a tremendous honor and a significant moment for Ituran to mark 30 years... Continue reading →

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