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

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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...

Mortgage Market Faces Slump Amidst Ongoing War - Lowest Figures Since October 2019

Posted on Jan 29, 2024 by Ifi Reporter - Dan Bielski

The conflict that erupted on October 7 has left its mark on the Israeli mortgage market, with a notable decline in mortgage activity. According to the Bank of Israel, the total amount of mortgages...

BIRD Foundation Invests $9.6 Million in Innovative US-Israel Joint Projects

Posted on Jan 28, 2024 by Ifi Reporter - Dan Bielski

The BIRD Foundation, the renowned Israel-USA Binational Foundation for Industrial Research and Development, has greenlit an investment of $9.6 million in ten groundbreaking joint projects between...

Turkish Airlines Cancels Flights to Israel Until October 2024 Amid Escalating Diplomatic Crisis

Posted on Jan 28, 2024 by Ifi Reporter - Dan Bielski

Turkish Airlines has announced the cancellation of its flights to Israel until the end of October 2024, raising questions about the future of air travel between the two countries. The decision...

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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 →

Former NBA Star Omri Casspi Raises $250 Million for Third Venture Fund

Sep 4, 2026 by Ifi Reporter - Dan Bielski

Former NBA player Omri Casspi has raised $250 million for the third fund of his venture capital firm, Swish Ventures, marking another major milestone in his transition from professional basketball to the technology investment world. The new fund brings Swish Ventures' total assets... Continue reading →

Why AI Adoption on the Factory Floor Is Far More Complicated Than a Successful Demo

Aug 25, 2026 by Ifi Reporter - Dan Bielski

The integration of artificial intelligence (AI) has become a major priority for technology companies and startups. Yet when AI solutions move from development environments to the physical factory floor, the reality can be considerably more complex.... Continue reading →

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