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

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Bank Hapoalim reported a third-quarter profit of NIS 1.6 billion

Posted on Nov 16, 2023 by Ifi Reporter - Dan Bielski

Bank Hapoalim, one of Israel's leading financial institutions, reported a third-quarter profit of NIS 1.6 billion, according to the bank's financial statements released this Thursday....

Job Vacancies Show Signs of Stability, High-Tech Sector Sees Incremental Growth

Posted on Nov 16, 2023 by Ifi Reporter - Dan Bielski

In a recent report by the Central Bureau of Statistics (CBS), data reveals a notable shift in the employment landscape for the month of August. The number of job vacancies in the economy reached...

Partner Reports Robust Q3 2023 Performance Despite Revenue Dip - 10% growth in net profit

Posted on Nov 15, 2023 by Ifi Reporter - Dan Bielski

In the third quarter of 2023, Partner, one of Israel's leading telecommunications companies, demonstrated a resilient financial performance, boasting a 10% growth in net profit, reaching NIS...

Inflation Slowdown in US Triggers Stock Jump and Dollar Decline; Impact on Israeli Economy and Politics

Posted on Nov 15, 2023 by Ifi Reporter - Dan Bielski

Inflation in the United States experienced a more significant deceleration in October than anticipated, amidst growing concerns of a global economic slowdown. Despite this, the core inflation...

Israeli Air Travel Sees Dramatic 41% Drop at Ben Gurion airport Amidst Recent Conflict

Posted on Nov 14, 2023 by Ifi Reporter - Dan Bielski

Israel's international air travel sector witnessed a substantial 41% decline in passenger numbers during October, as reported by the Airports Authority. This stark decrease is in comparison...

Israeli Treasury Raises Billions in Bonds Amidst Rising Interest Rates and Post-War Financial Challenges

Posted on Nov 14, 2023 by Ifi Reporter - Dan Bielski

Accountant General's Department of the Treasury recently raised an impressive 1.425 to 1.45 billion dollars through two series of government bonds denominated in dollars. The bonds, with...

Bezeq Group Reports Resilient Q3 2023 Financial Results Amidst Economic Challenges and Ongoing Conflict

Posted on Nov 14, 2023 by Ifi Reporter - Dan Bielski

Bezeq Group, a leading Israeli telecommunications company, has released its third-quarter financial results, showcasing resilience in the face of economic challenges and the ongoing "Iron...

Mortgage Demand Plummets to 4-Year Low Amidst War and Economic Challenges

Posted on Nov 12, 2023 by Ifi Reporter - Dan Bielski

The demand for mortgages in Israel has experienced a significant decline, reaching its lowest point in four years, according to data released by the Bank of Israel. The October figures, totaling...

Internet Consumption Surges in Israel Amidst Conflict, Raises Concerns Over Cybersecurity

Posted on Nov 12, 2023 by Ifi Reporter - Dan Bielski

In a recent report published by Bezeq, Israel's leading telecommunications company, it has been revealed that the average internet consumption per household in the country has surged by 18%...

Finance Committee Approves NIS 15 Billion Aid Plan for Business Sector Following Gaza War

Posted on Nov 8, 2023 by Ifi Reporter - Dan Bielski

Finance Committee has given its approval for the implementation of a comprehensive aid plan for the business sector following a recent conflict. The plan, developed by the Ministry of Finance,...

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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 →

Israeli High-Tech Investors Move to Secure Future of Channel 13

Mar 13, 2026 by Ifi Reporter - Dan Bielski

A group of Israeli high-tech investors has stepped in to support the future of Channel 13 , in a move that supporters say is intended to preserve independent journalism and strengthen pluralistic media in Israel. The development emerged amid uncertainty surrounding the channel’s... Continue reading →

Hadas Water unveiled a first-of-its-kind under-sink system for Shabbat observant users

Mar 13, 2026 by Ifi Reporter - Dan Bielski

Israeli company Hadas Water , a developer and manufacturer of purified water bars, has unveiled a first-of-its-kind under-sink system in Israel designed to provide hot and cold purified water while incorporating a special mechanism adapted for Shabbat observant users. The system,... Continue reading →

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