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

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Volume of mortgages secured by apartment buyers in Israel experienced a notable decline

Posted on Feb 22, 2024 by Ifi Reporter - Dan Bielski

In 2023, the volume of mortgages secured by apartment buyers in Israel experienced a notable decline, reaching NIS 71.3 billion, as per recent data released by the Bank of Israel. This marks a...

Unilever Postpones Planned Price Increases for Ice Cream and Chocolate Products

Posted on Feb 18, 2024 by Ifi Reporter - Dan Bielski

Unilever has decided to postpone the price increases it had previously planned, notably for its ice cream and chocolate products, until after the holidays. The decision comes following...

Nature and Parks Authority in Crisis: Budget Cuts Threaten Conservation Efforts

Posted on Feb 13, 2024 by Ifi Reporter - Dan Bielski

The aftermath of the recent war coupled with government budget slashes has plunged Israel's Nature and Parks Authority into a dire financial crisis. Severe cuts have forced the organization...

Roladin Coffee Chain Joins Trend of Price Hikes Amidst Economic Challenges

Posted on Feb 1, 2024 by Ifi Reporter - Dan Bielski

In the wake of rising import costs, supply chain disruptions, and increased operational expenses, Roladin, a prominent coffee chain, has decided to implement price hikes across its menu,...

Affinity Fund Led by Jared Kushner Completes 15% Acquisition of Shlomo Group's Automotive Operations

Posted on Feb 1, 2024 by Ifi Reporter - Dan Bielski

Shlomo Group has successfully concluded a deal to sell 15% of its automotive operations to the Affinity Fund, headed by Jared Kushner. The completion of this transaction marks Affinity Fund's...

in settlements surrounding Gaza the educational institutions will be reopening

Posted on Feb 1, 2024 by Ifi Reporter - Dan Bielski

Security restrictions in settlements surrounding Gaza have been relaxed from 18:00, allowing for the reopening of educational institutions and expanded gatherings in the area. This change in...

Shikma Bresler Files Defamation Lawsuit Against Knesset Member Tali Gottlieb and Activists Over Conspiracy Theory

Posted on Feb 1, 2024 by Ifi Reporter - Dan Bielski

In a significant legal development, Shikma Bresler, a prominent leader of the protest against the legal revolution, has filed a defamation lawsuit totaling NIS 2.6 million against Knesset member...

Wealthy Donor Ken Griffin Halts Harvard Support Over University Conduct in the Hamas war

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

Billionaire hedge fund manager Ken Griffin has declared an end to his financial support for Harvard University, one of the most prestigious institutions globally. Griffin, known for his...

"Partner Secures Dominant Position in Government Communication Tender, Avi Gabai at the Helm"

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

In a recent development, Partner, under the leadership of Avi Gabai, and Cellcom, managed by Daniel Sapir, emerged victorious in the tender issued by the Accountant General of the Ministry of...

Ben & Jerry's Israel to Invest NIS 130 Million in State-of-the-Art Factory in Kiryat Gat

Posted on Jan 30, 2024 by Ifi Reporter - Dan Bielski

  In a strategic move to expand its operations and bring cutting-edge innovations to the Israeli food industry, Ben & Jerry's Israel has announced plans to establish a new...

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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 →

New Jersey Alleges $122 Million Fraud by El Al Controlling Shareholder in U.S. Nursing Homes

Dec 11, 2025 by Ifi Reporter - Dan Bielski

A report by the New Jersey State Comptroller has accused Kenny Rosenberg , the controlling shareholder of El Al Airlines (48%) , and his business partner Darryl Hagler of orchestrating a large-scale fraud scheme involving nursing homes under their ownership in the United States. The... Continue reading →

Israel Mandates Solar Panels on New Homes in Landmark Renewable Energy Reform

Dec 11, 2025 by Ifi Reporter - Dan Bielski

Israel is set to implement one of its most significant renewable energy reforms to date, as a new Ministry of Energy regulation will require solar energy systems on the roofs of all newly built homes with roof areas exceeding 100 square meters. The regulation comes into force on December 12,... Continue reading →

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