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

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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...

Applied Systems Acquires Israeli AI Firm Planck in Landmark Deal for approximately $500 million

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

Applied Systems, a leading provider of cloud-based software for the insurance industry, has finalized the acquisition of Planck, an Israeli company specializing in AI-driven data analytics for...

ACL signed an agreement to supply potash with an aggregate volume of 830 thousand tons to its customers in China

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

The Israeli chemical company ACL signed an agreement to supply potash with an aggregate volume of 830 thousand tons to its customers in China, for approximately 227 million dollars. The sale...

Arrow 3 system intercepted a surface-to-surface missile launched from Yemen

Posted on Jul 21, 2024 by Ifi Reporter - Dan Bielski

The Arrow 3 system intercepted a surface-to-surface missile launched from Yemen this morning (Sunday), and before the interception alarms were sounded in Eilat and its surroundings. The...

Escalation in Lebanon-Israel Border: UAV Attack and Missile Barrage

Posted on Jul 20, 2024 by Ifi Reporter - Dan Bielski

In a troubling escalation along the Lebanon-Israel border, reports from Lebanese media indicate that a UAV attack targeted a vehicle near the village of Burj al-Moloch, resulting in several...

Sergeant Major Ephraim Ben Amram died of his wound - injured in a UAV attack

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

Sergeant Major  (resp.) Ephraim Ben Amram (25), a fighter in the 53rd Battalion of the "Barak" formation (188), died of his wounds today (Thursday) about two weeks after he was...

ora Secures NIS 750 Million Investment from Phoenix in Expansion Move

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

Aora, a leading player in evacuation and construction projects in Tel Aviv and Gush Dan, has secured a substantial investment from Phoenix totaling NIS 750 million across 11 projects. This...

The head of the southern area of ​​the Shin Bet is retiring

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

The head of the southern area of ​​the Shin Bet, A., is retiring from his position during his tenure, following the failure on October 7. His position is equivalent to a general in the army. A...

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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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