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

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Bonds organization raised since the beginning of the Gaza war 7 billion dollars

Posted on Nov 7, 2023 by Ifi Reporter - Dan Bielski

In the wake of the Iron Swords war that erupted on the morning of October 7th, the international Bonds organization, under the adept leadership of Danny Noah, has initiated a formidable...

Nayax reported revenues of $60 million in the third quarter of 2023

Posted on Nov 7, 2023 by Ifi Reporter - Dan Bielski

Nayax concludes the third quarter of 2023 with an increase in revenue and a reduction in operating loss, when the company announced last week the purchase of a company for $36 million....

Outbrain Reports Strong Q3 Profits Following Cost-Cutting Measures

Posted on Nov 7, 2023 by Ifi Reporter - Dan Bielski

In a surprising turnaround, Israeli content recommendation company Outbrain has reported an accounting profit (GAAP) two years and four months after its IPO on Wall Street. The company's Q3...

President Herzog Urges US Universities to Condemn Hamas Massacre and Combat Anti-Semitism

Posted on Nov 7, 2023 by Ifi Reporter - Dan Bielski

Israeli President Yitzhak Herzog has called on the presidents of universities and colleges across the United States to condemn the massacre committed by Hamas on October 7 and to take a strong...

Iranian Hacker Group "Agrius" Escalates Cyber Attacks on Israeli Targets, Stealing Sensitive Information

Posted on Nov 6, 2023 by Ifi Reporter - Dan Bielski

Palo Alto's research unit sheds light on an alarming increase in cyber attacks by the Iranian hacker group known as "Agrius" against Israeli targets since the start of...

Weakened US Dollar Hits 2.7% Decrease in Value Against Israeli Shekel: 3.87

Posted on Nov 6, 2023 by Ifi Reporter - Dan Bielski

US dollar's value weakened further on Monday, marking a 2.7% decrease compared to the previous day. The representative exchange rate for the US dollar against the Israeli shekel closed at...

Weakening Dollar Amidst Bleak Employment Report Dampens Hopes of Fed Rate Hikes

Posted on Nov 3, 2023 by Ifi Reporter - Dan Bielski

US dollar has taken a substantial hit against major global currencies and, notably, the Israeli shekel. This sharp decline comes in the wake of a disheartening employment report released today,...

Delayed Transfer of NIS 200 Million to Arab Authorities in Israel Sparks Controversy

Posted on Nov 2, 2023 by Ifi Reporter - Dan Bielski

In a significant and long-awaited development, the ministry of interior and the state budget recently disbursed NIS 200 million to the 67 Arab authorities in Israel, following a delay of...

Tax Authority Director Extends Deadline for Gaza Strip Aid Grant Applications

Posted on Nov 2, 2023 by Ifi Reporter - Dan Bielski

Tax Authority Director Shay Ahronovitz has decided to exercise his authority under Government Decision 988 by extending the application deadline for aid grants intended to support residents of...

Car Importers in Israel Grapple with War-Induced Challenges and Impending Tax Hike

Posted on Nov 2, 2023 by Ifi Reporter - Dan Bielski

Preliminary data from Carzon, a car market data site, reveals that vehicle deliveries in Israel during October saw a less severe decline than anticipated. A total of 11,985 cars were delivered in...

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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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