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

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Network 13 News Company Reaches Agreement with Employees - Plans to Appoint New CEO

Posted on Aug 8, 2024 by Ifi Reporter - Dan Bielski

The Network 13 News Company management has signed a cooperative agreement with its employees, which stipulates that pending approval by the board of directors, the company will appoint a new CEO...

Knesset State Audit Committee Reviews High Costs of PM Netanyahu's USA Flight

Posted on Aug 7, 2024 by Ifi Reporter - Dan Bielski

During a discussion held by the Knesset State Audit Committee regarding the State Comptroller's report on the purchase of the "Kenaf Zion" plane, it was revealed that the cost of...

Israel Announces Emergency Measures to Bring Stranded Citizens Home Amid Threats

Posted on Aug 4, 2024 by Ifi Reporter - Dan Bielski

 In response to the ongoing crisis of flight cancellations to Israel due to threats from Iran, Hezbollah, and other terrorist organizations, Transportation Minister Miri Regev...

Delta and United Airlines canceled their flights to Israel

Posted on Jul 31, 2024 by Ifi Reporter - Dan Bielski

Due to escalating security tensions, American Airlines Delta and United Airlines announced this evening (Wednesday) the cancellation of their flights to Israel. Delta has canceled...

Labor government in Great Britain announced its commitment to continuing the talks to upgrade the trade agreement with Israel

Posted on Jul 31, 2024 by Ifi Reporter - Dan Bielski

The new Labor government in Great Britain announced its commitment to continuing the talks to upgrade the trade agreement with Israel. The Israeli negotiating team, led by the Foreign Trade...

The dollar rate jumps by 1% and trades for NIS 3.77

Posted on Jul 31, 2024 by Ifi Reporter - Dan Bielski

The dollar rate jumps by 1% and trades for NIS 3.77 amid the strategic events of the past day in Lebanon and Iran. The representative yesterday was NIS 3.733. Just a week ago, the dollar traded...

Audiocodes Reports Q2 Financial Results and Recognitions

Posted on Jul 31, 2024 by Ifi Reporter - Dan Bielski

Audiocodes has published its business results for the second quarter of the year and these are positive results Quarterly Revenues : Total quarterly revenues reached $60.3...

Sergeant Yonatan Aharon Greenblatt died of his wounds - injured in Rafah

Posted on Jul 28, 2024 by Ifi Reporter - Dan Bielski

Sergeant Yonatan Aharon Greenblatt, 21 years old from Beit Shemesh, died yesterday (Saturday) of his wounds after he was seriously injured by an anti-tank missile in the building where he was...

Synaptics is laying off dozens of employees from its development center in Herzliya

Posted on Jul 25, 2024 by Ifi Reporter - Dan Bielski

The American company Synaptics is laying off dozens of employees from its development center in Herzliya, out of a workforce of about 100 people. The move in Israel is part of a global cutback...

Cyber Attack on "Globes" news outlet Sparks Economic Terrorism Concerns

Posted on Jul 23, 2024 by Ifi Reporter - Dan Bielski

A group of hackers called Medusa has broken into the "Globes" computer system in recent days and is demanding a ransom of one million dollars within eight days - otherwise, the...

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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 →

L’Oréal Signs 50-Year Global License Agreement for Gucci Beauty

Jul 15, 2026 by Ifi Reporter - Dan Bielski

L’Oréal has signed an exclusive worldwide 50-year license agreement to create, develop, and distribute fragrance and beauty products under the Gucci Beauty brand, strengthening its position in the global luxury beauty market. The agreement follows the previously... Continue reading →

Mul-T-Lock Partners With Ruach Nashit to Promote Women's Economic Independence

Jul 15, 2026 by Ifi Reporter - Dan Bielski

Mul-T-Lock , a leading Israeli security solutions company, has joined forces with Ruach Nashit (Women's Spirit), an organization dedicated to promoting economic independence among women survivors of domestic violence. The partnership aims to support women in rebuilding their lives... Continue reading →

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