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

News

Economic Recovery Evident as Credit Card Spending Surges Amidst Waning War Intensity

Posted on Jan 26, 2024 by Ifi Reporter - Dan Bielski

resurgence, with public spending on credit cards soaring to approximately NIS 9.544 billion. This marks a significant uptick of 4.9% compared to the average week in 2023, signaling a positive...

Israeli Government Proposes Sweeping Changes to Tobacco Taxation and Duty-Free Imports

Posted on Jan 22, 2024 by Ifi Reporter - Dan Bielski

In a significant move set to reshape the landscape of international travel, the Israeli Ministry of Finance has unveiled draft decrees aimed at imposing substantial tax hikes on cigarettes and...

Cellcom Launches G5 Premium Packages with Enhanced Browsing but Faces Limitations

Posted on Jan 22, 2024 by Ifi Reporter - Dan Bielski

Cellcom, one of Israel's leading cellular providers, has unveiled its new G5 premium packages, priced between NIS 69.9 and NIS 119.9 per month. While these packages promise increased browsing...

Sun Pharma Completes Merger with Taro Pharmaceutical Industries in $1.6 Billion Deal

Posted on Jan 20, 2024 by Ifi Reporter - Dan Bielski

Indian giant Sun Pharma has successfully finalized the merger with Israeli company Taro Pharmaceutical Industries Ltd. After Sun Pharma's proposal to acquire all shares of Taro in May of the...

Post Bank Faces Backlash as it Raises Basic Service Rates by 50%

Posted on Jan 20, 2024 by Ifi Reporter - Dan Bielski

The Post Bank has announced a substantial increase of approximately 50% in rates for essential services, leaving its half a million customers, primarily comprised of a vulnerable population,...

Wissotzky Green Tea Monopoly Announces Price Hikes Amidst Industry Uproar

Posted on Jan 18, 2024 by Ifi Reporter - Dan Bielski

Wissotzky, a company dominating the green tea and herbal infusions market, has declared an impending price increase of approximately 8% on its magical garden and chai experience series, with...

El Al Faces Class Action Lawsuit Over Alleged Misleading Seat Practices

Posted on Jan 18, 2024 by Ifi Reporter - Dan Bielski

Tel Aviv District Court has given the green light to a class action lawsuit against El Al, the Israeli airline. The suit represents all El Al customers who purchased a flight ticket and were...

Ministry of Agriculture Boosts Egg Import Quota to Meet Local Demand by 30 Million Eggs for 3 Months

Posted on Jan 18, 2024 by Ifi Reporter - Dan Bielski

In response to a projected decrease in local egg production, the Ministry of Agriculture has announced a significant increase in the duty-free import quotas for eggs. The new quota, set at 30...

Entrepreneur Gabriel Eckstein Makes Multi-Million Shekel Exit as Food Appil Acquires Art Judaica

Posted on Jan 18, 2024 by Ifi Reporter - Dan Bielski

In a landmark deal at the beginning of January, entrepreneur Gabriel "Gabi" Eckstein, just three months shy of his 85th birthday, orchestrated a significant exit from the business...

Wizz Air Announces Return to Israel, Unveils 6 Destinations for March 1, 2024

Posted on Jan 17, 2024 by Ifi Reporter - Dan Bielski

Wizz Air, a prominent low-cost airline, revealed its plans to resume operations in Israel starting March 1, 2024. The announcement comes amidst a wave of airlines resuming services in the region,...

Articles Archive

October 2026
September 2026
August 2026
July 2026
June 2026
May 2026

Top Categories

476 Government 374 Health 264 Financial 259 Hitech 198 Capital Market 114 Politics 112 Law 90 Communication 71 Real Estate 36 Banking 23 Start Up 12 Agriculture

ABOUT IFI TODAY

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum

Newsline

BRICKSTONE Reports 16% Surge in Safe Deposit Box Rentals by Israelis Living in Western Europe

Oct 16, 2026 by Ifi Reporter - Dan Bielski

 BRICKSTONE, a company operating three private, high-security safe deposit facilities in Israel, has reported an approximately 16% increase over the past month in safe deposit box rentals by Israelis living in France, Germany, the United Kingdom and Belgium. The company attributes... Continue reading →

Finance Ministry Delay Threatens Entry of 50,000 Foreign Workers into Israel

Oct 16, 2026 by Ifi Reporter - Dan Bielski

A dispute over a NIS 10 million budget transfer from Israel’s Finance Ministry is reportedly holding up a government plan to increase the permitted share of foreign workers in the Israeli economy, potentially delaying the arrival of 50,000 additional workers across several key sectors.... Continue reading →

Shoofra Opens New Store at Israel’s Golden Mall, Investing NIS 1 Million

Oct 16, 2026 by Ifi Reporter - Dan Bielski

 Shoofra, the Israeli footwear retailer known for its colorful, original designs and distinctive shoe brands, has opened a new store on the newly inaugurated floor of Golden Mall in Rishon LeZion. The 170-square-meter store represents an investment of approximately NIS 1 million... Continue reading →

Testimonials

No testimonials. Click here to add your testimonials.