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

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Vacancy Dynamics and Workforce Trends Unveiled in Recent CBS Reports

Posted on Jan 16, 2024 by Ifi Reporter - Dan Bielski

In a recent report by the Central Bureau of Statistics (CBS), December data reveals a slight increase in job vacancies, totaling 100,870 compared to November's 98,772. The "Iron...

Government Approves Revised Budget for 2024 Prioritizing Security and Civilian Needs in War

Posted on Jan 15, 2024 by Ifi Reporter - Dan Bielski

The government approved the revised budget proposal for 2024 brought by Finance Minister Bezalel Smotrich. The proposal includes amending the budget and adding tens of billions to the security...

Governor of the Bank of Israel Urges Immediate Fiscal Measures for Defense Budget and Revenue Increase

Posted on Jan 14, 2024 by Ifi Reporter - Dan Bielski

In a crucial government meeting on Sunday, the Governor of the Bank of Israel, Prof. Amir Yaron, emphasized the need for significant adjustments to the 2024 budget. While touching upon various...

Miriam Adelson Leads Israel's Richest in Global Wealth Rankings and Eyal Ofer follows

Posted on Jan 13, 2024 by Ifi Reporter - Dan Bielski

About a week into the new year, Forbes Magazine has unveiled the latest rankings of Israel's wealthiest individuals, showcasing notable financial movements and gains in the first weeks of...

Lawsuit Alleges Harvard University Failed to Address Surge in Anti-Semitism Since Hamas Attack

Posted on Jan 12, 2024 by Ifi Reporter - Dan Bielski

Jewish students at Harvard University have filed a federal lawsuit accusing the institution of neglecting to address the increasing incidents of anti-Semitism on campus following the October 7...

Auditor Report Reveals Disturbing Disparities in Israel's Food Industry Prices

Posted on Jan 8, 2024 by Ifi Reporter - Dan Bielski

In a recent audit conducted by Auditor Engelman, it has been disclosed that the level of prices in Israel, in terms of purchasing power, is on average 27% higher than in other OECD countries....

Minister Amichai Shikli Resigns - Sparks Government Trend of Ministry Closures

Posted on Jan 8, 2024 by Ifi Reporter - Dan Bielski

Three months after the outbreak of the war, Minister Amichai Shikli has announced his resignation from the position of Minister of Social Equality, a move seen as a response to growing criticism...

Israeli Economy Shows Resilience as Credit Card Sales Surge Amidst War Challenges

Posted on Jan 8, 2024 by Ifi Reporter - Dan Bielski

In a surprising turn of events, Israel's economy witnessed a notable recovery in the third month of the ongoing conflict, with a discernible uptick in credit card sales, according to data...

Government Approves NIS 9 Billion Aid Program for Reservists in 2024 Budget

Posted on Jan 7, 2024 by Ifi Reporter - Dan Bielski

The government has given the green light to a comprehensive aid program for reservists, amounting to NIS 9 billion. While parts of the plan await final approval in the 2024 budget, immediate...

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...

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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 →

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