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

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Missile Fired from Yemen has been Intercepted Over Israel Overnight

Posted on Sep 20, 2025 by Ifi Reporter - Dan Bielski

The Israel Defense Forces (IDF) confirmed that it intercepted a missile fired from Yemen into Israeli territory overnight, between Friday and Saturday. The launch triggered air raid sirens...

Uber Enters Drone Delivery Market with Strategic Investment in Israel’s Flytrex

Posted on Sep 19, 2025 by Ifi Reporter - Dan Bielski

Uber Technologies has announced a strategic partnership with Israeli drone delivery company Flytrex , marking its first investment in drone-based deliveries . The partnership, revealed today...

Senior Officials Call for Immediate Expansion of Foreign Labor in Construction Industry

Posted on Sep 17, 2025 by Ifi Reporter - Dan Bielski

At a high-level corporate panel on foreign labor in the construction industry , held at the National Federation of Labor Unions , senior government and industry officials convened to address...

ASSA Abloy Israel Hosts Security Innovation Conference: Industry Leaders Explore Future of Keyless Entry

Posted on Sep 17, 2025 by Ifi Reporter - Dan Bielski

Dozens of security consultants, protection experts, and representatives from Israel's security sector gathered this week for a specialized conference organized by ASSA ABLOY Israel ,...

Colmobil Energy CEO: Regulations Will Save Billions, Boost Energy Independence, and Slash Pollution

Posted on Sep 17, 2025 by Ifi Reporter - Dan Bielski

Aviv Pepper , CEO of Colmobil Energy , welcomed the Ministry of Energy and the Planning Administration's groundbreaking new regulations requiring the mandatory installation of solar...

Palace Ra’anana Residents Celebrate End of Summer with Festive Outdoor Concert

Posted on Sep 17, 2025 by Ifi Reporter - Dan Bielski

A vibrant and uplifting "Summer Sounds" concert took place in the entrance square of the Palace Ra’anana senior living home, part of the Azrieli Group . The event featured a...

Dov Harpaz Honored for 40 Years of Innovation in Israeli Industry

Posted on Sep 16, 2025 by Ifi Reporter - Dan Bielski

At a special ceremony held at the office of the President of the Association of Manufacturers , Dr. Ron Tomer , veteran industrialist Dov Harpaz was awarded a certificate of appreciation...

"Idit" Catering Honors Employees for Service During Wartime Operations

Posted on Sep 16, 2025 by Ifi Reporter - Dan Bielski

Leading Israeli catering company "Idit" , part of the Dan Hotels Group , held a special end-of-summer event last week to recognize the efforts of its employees, managers, clients,...

Suzuki Swift Reaches Milestone: 10 Million Units Sold Worldwide

Posted on Sep 9, 2025 by Ifi Reporter - Dan Bielski

The Suzuki Swift , one of the Japanese automaker’s most iconic compact cars, has officially crossed 10 million units sold globally , marking a major milestone for the brand and the...

Rami Levy Tops Survey as Cheapest Chain for Meat and Poultry Ahead of Rosh Hashanah

Posted on Sep 9, 2025 by Ifi Reporter - Dan Bielski

As Israeli families begin preparing for Rosh Hashanah , a new survey by the Geocartography Institute reveals where consumers believe they’ll find the most affordable meat and poultry...
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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 →

Bank Leumi Reports NIS 2.7 Billion Profit in Q3; Announces NIS 2 Billion Dividend Distribution

Nov 18, 2025 by Ifi Reporter - Dan Bielski

Bank Leumi concluded the third quarter of 2025 with a net profit of NIS 2.7 billion , marking an 18% increase compared to NIS 2.2 billion in the same quarter last year. Under the leadership of CEO Hanan Friedman , the bank announced a dividend distribution of NIS 2 billion ,... Continue reading →

Gentrix.ai and Priority Partner to Launch AI Agent for Israel’s Hotel Industry - fully automated through AI

Nov 17, 2025 by Ifi Reporter - Dan Bielski

A groundbreaking collaboration in Israel’s hospitality sector was announced this week between Gentrix.ai , a startup from the SQLink Group , and Priority , developer of the leading hotel management system Optima Priority . Under the partnership, Gentrix.ai will develop and... Continue reading →

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