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

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Strauss Group profit for 1st quarter: NIS 146 million

Strauss Group profit for 1st quarter: NIS 146 million

Posted on May 23, 2018 by Ifi Reporter - Dan Bielski

Strauss Group published its financial results for the first quarter of 2018 and showed an increase both in the top line and in the bottom line. The company's board of directors approved the...

Radcom's revenues in the first quarter rose by 36% and totaled $ 10.9 million

Posted on May 22, 2018 by Ifi Reporter - Dan Bielski

Radcom's revenues in the first quarter of 2018 totaled $ 10.9 million. This represents an increase of 36% over the same period last year. GAAP net income was $ 0.3 million, compared with a...
"State Comptroller ban on government ministers to purchase Bitcoin is anachronistic"

"State Comptroller ban on government ministers to purchase Bitcoin is anachronistic"

Posted on May 19, 2018 by Ifi Reporter - Dan Bielski

State Comptroller Yosef Shapira's ban on government ministers and their deputies to purchase Bitcoin is anachronistic and expresses ignorance and fear of technology, says Eli Bejerano, CEO of...
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...

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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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