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

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Thousands of Foreign Construction Workers Stranded Due to Staffing Shortages in Population Authority

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

Eldad Nitzan , Chairman of the Foreign Workers' Association in the Construction Industry , has issued an urgent appeal to Interior Minister...

Severe Drought Threatens Israel’s Food Supply: Farmers Demand Urgent Water Relief Measures

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

David Levy , CEO of the Field Workers’ Organization , has issued an urgent appeal to Minister of Agriculture and Food Security Avi Dichter...

Mercantile Bank Hosts Annual Business Client Event - Strengthening Ties with Entrepreneurs Across Israel

Posted on May 19, 2025 by Ifi Reporter - Dan Bielski

Mercantile Bank held its annual customer meeting for its Commercial Banking Division , bringing together hundreds of business owners, entrepreneurs,...

Entrepreneurs and Executives Meet at Reichman University for “Creativity in Action” Mentorship Event

Posted on May 18, 2025 by Ifi Reporter - Dan Bielski

An exceptional mentorship event was held this week at Reichman University as part of the “ Creativity in Action” course led by Dr....

Terminal X Reports 40% Profit Jump Despite Revenue Dip and Margin Pressure

Posted on May 18, 2025 by Ifi Reporter - Dan Bielski

Terminal X , the e- commerce arm of the Fox Group , reported a 40% increase in net profit for the first quarter of 2025, reaching...

Ofek Aerial Photography Acquires Cutting-Edge LiDAR System to Combat Wildfires and Enhance Mapping Capabilities

Posted on May 18, 2025 by Ifi Reporter - Dan Bielski

Ofek Aerial Photography , a leading Israeli company in aerial imaging and geographic mapping, announced it has acquired one of the world’s...

Colmobil Energy Wins National “Sunshine for All” Project to Install Solar Systems on 100 Homes

Posted on May 18, 2025 by Ifi Reporter - Dan Bielski

Colmobil Energy , one of Israel’s leading companies in the residential solar sector, has won a competitive bid to lead the “ Sunshine...

Former U.S. President Joe Biden Diagnosed with Aggressive Prostate Cancer

Posted on May 18, 2025 by Ifi Reporter - Dan Bielski

Former U. S. President Joe Biden , 82, has been diagnosed with an aggressive form of prostate cancer that has metastasized to the bones ,...

Ashkelon Defense Firm Reports 7% Rise in Q1 Profit Amid Soaring Military Demand

Posted on May 18, 2025 by Ifi Reporter - Dan Bielski

Ashkelon Industries, a key Israeli defense manufacturer controlled by the FIMI Opportunity Fund ( 84%) , reported a 7% increase in net profit for...

Hadas Water Company Launches Spirit-Plus: A Smart Water Bar with Shabbat-Compatible Features

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

Hadas Water Company, a leader in the Israeli market for purified water systems, has unveiled its latest innovation: the Spirit- Plus water bar....

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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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