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

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Golf Group Reports Transition to Net Profit in First Quarter: NIS 5.9 million

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

The Golf Group has announced a significant shift to net profit in the first quarter of the year, marking a notable turnaround from the same period last year. According to the company's data,...

Sergeant Ariel Zim, 20 years old from Modi'in, a fighter in the 931st Battalion of the Nahal Brigade, fell in the north of the Gaza Strip

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

The IDF spokesman allowed the publication this evening (Saturday) that Sergeant Ariel Zim, 20 years old from Modi'in, a fighter in the 931st Battalion of the Nahal Brigade, fell yesterday in...

Israel's Eurovision Journey: Fifth Place Finish Amidst Controversy

Posted on May 11, 2024 by Ifi Reporter - Dan Bielski

"From the first moment we had one goal - to make the strong voice of Israel known to the whole world and I know that we achieved this goal in a big way," continued Golan, who over the...

Hamas published documentation of Nadav Poplewell, who was kidnapped from Kibbutz Nirim

Posted on May 11, 2024 by Ifi Reporter - Dan Bielski

Hamas published documentation of Nadav Poplewell, who was kidnapped from Kibbutz Nirim. Popplewell, 51 years old, was taken to Gaza with his mother Hana Perry, and she was released in the hostage...

Playtika the international gaming giant increased revenues by 2.1% to $171.5 million

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

Playtika, the international gaming giant, published its financial results for the first quarter of 2024, which ended on March 31, 2024. The data showed that although revenues increased by 2.1%...

The "Vita Fruit HaGalil" factory in Hazor HaGalil is facing imminent closure

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

The "Vita Fruit HaGalil" factory in Hazor HaGalil is facing imminent closure, dealing a blow to the northern region's economy. Despite efforts by the Economic Committee and the...

An Israeli-Jewish businessman was murdered in Egypt

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

Egypt reported this evening (Tuesday) about an Israeli-Jewish businessman who was apparently murdered in the city of Alexandria in the north of the country. According to the reports in the local...

Cybersecurity Giant Cyber Wiz Raises Record-Breaking $1 Billion in Funding

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

Cybersecurity firm Cyber Wiz (WIZ) has made headlines with its recent fundraising round, securing an impressive $1 billion at a valuation of $12 billion. The fundraising effort included a...

Two IDF soldiers were killed Monday by an explosive Hezbollah drone blast

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

Two IDF soldiers - Acting Master Sergeant Dan Kamhaji, 31 years old from Kfar Oranim, and Acting Master Sergeant Nachman Natan Hertz, 31 years old from Elazar - were killed yesterday (Monday) by...

Israeli Authorities Raid Al Jazeera Offices in Jerusalem Following Government Decision to Close Network

Posted on May 5, 2024 by Ifi Reporter - Dan Bielski

Israeli police conducted a raid on the offices of the Qatari-based Al Jazeera network located in the Ambassador Hotel in Jerusalem on Sunday. This operation followed the Israeli government's...

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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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