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

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Israeli Ilit Raz was indicted for defrauding investors in the amount of at least 21 million dollars

Posted on Jun 12, 2024 by Ifi Reporter - Dan Bielski

The American Securities and Exchange Commission filed an indictment against Israeli Ilit Raz, the founder and CEO of the artificial intelligence startup Joonko. The lawsuit filed in the District...

Deficit in the government's activities climbed in May and reached 7.2%

Posted on Jun 10, 2024 by Ifi Reporter - Dan Bielski

The d eficit in the government's activities climbed in May and reached 7.2% , compared to a deficit of 7% in April - according to the budget execution estimate of the Accountant General at...

Security Council adopted the proposal that calls on Hamas to accept the hostage deal

Posted on Jun 9, 2024 by Ifi Reporter - Dan Bielski

The Security Council adopted tonight (Monday) the proposal that calls on Hamas to accept the hostage deal. 14 countries are in favor and Russia abstained. The proposed American resolution calls...

Optimism Abounds: Israeli Real Estate Industry Shows Signs of Recovery in Q1 2024

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

The Chief Economist Division of the Ministry of Finance has released its much-anticipated review of Israel's real estate sector for the first quarter of 2024, painting a picture of optimism...

Alphabet announced the appointment of Israeli Anat Ashkenazi as the new CFO

Posted on Jun 6, 2024 by Dan Bielski

Alphabet, Google's parent company, announced the appointment of Israeli Anat Ashkenazi as the new CFO, replacing Ruth Porat, who announced last year that she would retire from the position....

One Technologies Reports Record Profits and Organic Growth in Q1 2024

Posted on May 19, 2024 by Ifi Reporter - Dan Bielski

One Technologies, a leading player in the technology sector, has announced its financial results for the first quarter of 2024, revealing impressive organic growth and record profits. The...

Partner Leads the Way with Full 5G Network Launch and Advanced Core

Posted on May 19, 2024 by Ifi Reporter - Dan Bielski

Partner, a major player in the cellular market, has taken a bold step forward by becoming the first to launch a full 5G network with an advanced core. This move positions Partner as a pioneer in...

Israel Post Company Sold to Milgam-Led Investor Group in Privatization Deal

Posted on May 19, 2024 by Ifi Reporter - Dan Bielski

The Israel Post Company has transitioned into private ownership following the selection of a 'preferred bidder' by the Companies Authority. The winning bid, led by the Milgam companies...

Sergeant Major Ran Yaebetz lost his life in an operational accident

Posted on May 16, 2024 by Ifi Reporter - Dan Bielski

This morning, tragedy struck in the Gaza Strip as a reservist, Sergeant   Major Ran Yaebetz, lost his life in an operational accident at the Black Arrow monument. The Israeli army confirmed...

Ben & Jerry's: We are supporting the pro-Palestinian demonstrations on campuses across the United States

Posted on May 14, 2024 by Ifi Reporter - Dan Bielski

The board of the Ben & Jerry's ice cream company, owned by Unilever, released a statement supporting the pro-Palestinian demonstrations on campuses across the United States, calling them...

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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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