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

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Record-Breaking Bond Issue Reflects Market Confidence in Israel's Financial Stability

Posted on Jan 5, 2024 by Ifi Reporter - Dan Bielski

In a historic move, the Accountant General's Division at the Ministry of Finance successfully completed a record-breaking bond issue in the local market, amounting to a staggering NIS 4.4...

DF Launches Investigation into October 7 Incident and Gaza War, Led by Former Defense Minister Shaul Mofaz

Posted on Jan 4, 2024 by Ifi Reporter - Dan Bielski

In a significant development, the Chief of Staff, Major General Hertzi Halevi, has taken decisive action by initiating a comprehensive investigation into the events of October 7 and the broader...

Encouraging Signs of Labor Market Recovery Amidst Gaza War Challenges

Posted on Jan 3, 2024 by Ifi Reporter - Dan Bielski

In a positive turn of events, the Israeli job market is displaying signs of recovery, with increasing numbers of individuals returning to work after a challenging two and a half months since the...

Government Unanimously Approves Postponement of Local Authority Elections by Four Weeks

Posted on Dec 31, 2023 by Ifi Reporter - Dan Bielski

In a unanimous decision, the government has sanctioned a four-week delay in the upcoming local authority elections, pushing the date from January 30, 2024, to February 27. The move was prompted...

Bank of Israel Halts Dollar Sales as Shekel Strengthens; Exporters Face Challenges Amid Economic Shifts

Posted on Dec 30, 2023 by Ifi Reporter - Dan Bielski

Bank of Israel announced a cessation of foreign currency sales in November 2023, as the shekel experienced a notable strengthening trend. The foreign currency balances at the end of the month...

Government Companies Authority Director Resigns Amidst Struggles with Minister Amsalem

Posted on Dec 30, 2023 by Ifi Reporter - Dan Bielski

Michal Rosenbaum, the Director of the Government Companies Authority, has submitted her resignation to Prime Minister Binyamin Netanyahu, citing her inability to perform her duties properly. The...

Israeli Businessman Abramovich Files Lawsuit Against Mizrahi Tefahot Bank Over Blocked Donation to Zaka Organization

Posted on Dec 27, 2023 by Ifi Reporter - Dan Bielski

In a legal battle that has unfolded in the midst of the ongoing conflict in Ukraine, prominent Israeli businessman Roman Abramovich, alongside the Zaka organization, has initiated legal...

Israeli Economy Shows Resilience Amidst Challenges: CBS Reveals Revenue Trends

Posted on Dec 27, 2023 by Ifi Reporter - Dan Bielski

Central Bureau of Statistics (CBS) unveiled the revenue indices reflecting the economic performance of various sectors in Israel. The data, covering the period from August to October of the...

Government Unveils "Recruited for Reserves" Program: NIS 9 Billion Aid Package for Reserve Servants and Families

Posted on Dec 27, 2023 by Ifi Reporter - Dan Bielski

In a significant move aimed at supporting reserve soldiers and their families affected by the ongoing conflict, Finance Minister Bezalel Smotrich and Defense Minister Yoav Galant unveiled the...

Finance Committee Reveals Controversial Taxation Measures Amidst 2024 Budget Discussions

Posted on Dec 25, 2023 by Ifi Reporter - Dan Bielski

In a heated session chaired by MK Moshe Gafni, the Finance Committee engaged in discussions surrounding proposed taxation measures to accompany the 2024 budget. The committee disclosed that...

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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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