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

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Ben-Gurion Airport Breaks Post-War Records: Nearly 2.3 Million Passengers in August 2025

Posted on Sep 8, 2025 by Ifi Reporter - Dan Bielski

Just weeks after the end of the conflict with Iran, Ben-Gurion Airport has emerged as a symbol of recovery and resilience for Israel’s aviation sector. In August 2025 , the airport...

Former Shin Bet Chief Yaakov Perry Implicated in International Child Abduction Case in Germany

Posted on Sep 6, 2025 by Ifi Reporter - Dan Bielski

The name of the head of the Shin Bet and former Minister of Science and Technology, Jacob Perry (81), has come up in a serious criminal case in Germany, the German newspaper Bild reported today...

Rosh Hashanah Promotion: 100% Financing on Changan DEEPAL SO7 by Motion Devices

Posted on Sep 4, 2025 by Ifi Reporter - Dan Bielski

The Motion Devices Group has launched a special Rosh Hashanah promotion on the Changan DEEPAL SO7 , one of the best-selling electric SUVs in the global market. The offer includes 100%...

Israel’s First Robotic Safe Deposit Box Facility Opens in Tel Aviv

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

Israel’s first automated safe deposit box complex has officially opened in Tel Aviv, offering a high-security, robot-operated system with zero human contact . The new facility, named...

Survey: Rami Levy Tops List of Cheapest Supermarkets for Rosh Hashanah Shopping

Posted on Sep 1, 2025 by Ifi Reporter - Dan Bielski

 With the High Holidays approaching, a new survey by the Geocartography Institute reveals where Israeli consumers are finding the most affordable grocery baskets for Rosh Hashanah and...

Motion Devices offers 100% financing over 60 months with no interest

Posted on Sep 1, 2025 by Ifi Reporter - Dan Bielski

In time for Rosh Hashanah , the Motion Devices group is launching an exclusive sales campaign for the Changan DEEPAL SO7 , offering Israeli buyers 100% financing for 60 months — with...

Israel to Halve Waiting Time for Foreign Construction Workers Amid Acute Labor Shortage

Posted on Sep 1, 2025 by Ifi Reporter - Dan Bielski

 In a significant move to tackle the deepe ning labor shortage in Israel’s construction industry, the government has canceled the professional selection stages for foreign workers...

Dan Hotels Reports Sharp Decline in Q2 Earnings Amid Tourism Collapse

Posted on Aug 25, 2025 by Ifi Reporter - Dan Bielski

 Dan Hotels has reported weak financial results for the second quarter of 2025, as the continued decline in inbound tourism — exacerbated by the war with Iran — severely...

AI Infrastructure Giant Crusoe Acquires Israeli Startup Atero in Deal Worth Over $150 Million

Posted on Aug 21, 2025 by Ifi Reporter - Dan Bielski

Crusoe , the U.S.-based AI infrastructure company behind OpenAI’s massive Stargate data center , has announced the acquisition of Israeli startup Atero in a deal estimated to exceed...

Victory Maintains Stable Profits Despite Operating Income Decline - Thanks to Hedge Fund and Stock Investments

Posted on Aug 21, 2025 by Ifi Reporter - Dan Bielski

Despite a decline in its core operational profitability, Victory Supermarket Chain , managed and controlled by Eyal Ravid , reported relatively stable net earnings for the...
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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 →

Bank Leumi Reports NIS 2.7 Billion Profit in Q3; Announces NIS 2 Billion Dividend Distribution

Nov 18, 2025 by Ifi Reporter - Dan Bielski

Bank Leumi concluded the third quarter of 2025 with a net profit of NIS 2.7 billion , marking an 18% increase compared to NIS 2.2 billion in the same quarter last year. Under the leadership of CEO Hanan Friedman , the bank announced a dividend distribution of NIS 2 billion ,... Continue reading →

Gentrix.ai and Priority Partner to Launch AI Agent for Israel’s Hotel Industry - fully automated through AI

Nov 17, 2025 by Ifi Reporter - Dan Bielski

A groundbreaking collaboration in Israel’s hospitality sector was announced this week between Gentrix.ai , a startup from the SQLink Group , and Priority , developer of the leading hotel management system Optima Priority . Under the partnership, Gentrix.ai will develop and... Continue reading →

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