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

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National Labor Court Fines Population Authority for Two-Year Delay in Permit Decision

National Labor Court Fines Population Authority for Two-Year Delay in Permit Decision

Posted on Dec 28, 2025 by Ifi Reporter - Dan Bielski

The National Labor Court in Jerusalem has ordered the Population and Immigration Authority to pay NIS 8,000 in legal expenses after finding that...
Golden Mall Launches NIS 180 Million Expansion to Add 12,000 Sq and Renovation Project

Golden Mall Launches NIS 180 Million Expansion to Add 12,000 Sq and Renovation Project

Posted on Dec 23, 2025 by Ifi Reporter - Dan Bielski

The Golden Mall has launched a large-scale expansion and renovation project with a total investment of approximately NIS 180 million, aimed at reinforcing its position as one of Israel’s...
President Herzog Attends “Or for Families” Ceremony; Donation Announced to Commemorate Fallen of Gaza War

President Herzog Attends “Or for Families” Ceremony; Donation Announced to Commemorate Fallen of Gaza War

Posted on Dec 23, 2025 by Ifi Reporter - Dan Bielski

An emotional Hanukkah event was held by the “Or for Families” association, an organization dedicated to bringing light and hope to bereaved families coping with loss amid...
Hanukkah Travel Surge Drives Sharp Rise in Passenger Traffic at Ben Gurion Airport

Hanukkah Travel Surge Drives Sharp Rise in Passenger Traffic at Ben Gurion Airport

Posted on Dec 14, 2025 by Ifi Reporter - Dan Bielski

Hanukkah is already being felt across Ben Gurion Airport , with passenger traffic rising sharply and the terminal returning to a high-intensity operational rhythm. According to the Israel...
New Jersey Alleges $122 Million Fraud by El Al Controlling Shareholder in U.S. Nursing Homes

New Jersey Alleges $122 Million Fraud by El Al Controlling Shareholder in U.S. Nursing Homes

Posted on Dec 11, 2025 by Ifi Reporter - Dan Bielski

A report by the New Jersey State Comptroller has accused Kenny Rosenberg , the controlling shareholder of El Al Airlines (48%) , and his business partner Darryl Hagler of orchestrating a...
Israel Mandates Solar Panels on New Homes in Landmark Renewable Energy Reform

Israel Mandates Solar Panels on New Homes in Landmark Renewable Energy Reform

Posted on Dec 11, 2025 by Ifi Reporter - Dan Bielski

Israel is set to implement one of its most significant renewable energy reforms to date, as a new Ministry of Energy regulation will require solar energy systems on the roofs of all newly built...
Dan Hotels’ Idit Catering Unveils Gourmet Sfinj Collection for Hanukkah

Dan Hotels’ Idit Catering Unveils Gourmet Sfinj Collection for Hanukkah

Posted on Dec 10, 2025 by Ifi Reporter - Dan Bielski

In advance of the Hanukkah season, Idit Catering of the Dan Hotels Group is launching a gourmet series of Sfinj — North African–style donuts traditionally associated with the Jewish...
Ituran Marks 20 Years on NASDAQ: Sheratsky Family to Ring Opening Bell

Ituran Marks 20 Years on NASDAQ: Sheratsky Family to Ring Opening Bell

Posted on Dec 3, 2025 by Ifi Reporter - Dan Bielski

The Sheratsky family — Eyal, Nir, and Gil Sheratsky, owners of Ituran — will ring the opening bell at the NASDAQ Stock Exchange in honor of the 20th anniversary of Ituran’s...
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Posted on Dec 3, 2025 by Ifi Reporter - Dan Bielski

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Fuel Prices Rise in Israel: Liter of 95 Octane to Cost 7.11 NIS in December

Posted on Nov 30, 2025 by Ifi Reporter - Dan Bielski

The price of 95-octane gasoline rose at midnight (Sunday–Monday), with the December rate set at 7.11 shekels per liter at self-service stations — an increase...
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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 →

Hadas Water Launches Under-Sink Purified Water System With Special Shabbat Mechanism

Mar 10, 2026 by Ifi Reporter - Dan Bielski

Hadas Water , one of Israel’s leading companies in the development and production of purified water bars, has introduced a new under-sink system that dispenses both hot and cold purified water and includes a unique mechanism designed for use on Shabbat.... Continue reading →

Survey: Majority of Israeli Opinion Leaders Say Rami Levy Offers Cheapest Passover Shopping Basket

Mar 10, 2026 by Ifi Reporter - Dan Bielski

A new survey conducted by the Geocartography Survey Institute found that a majority of Israeli opinion leaders believe the Rami Levy Hashikma Marketing supermarket chain offers the cheapest shopping basket for Passover. According to the survey, 62% of... Continue reading →

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