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

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Israel's Slow Digital Transformation Threatens Economic Productivity, OECD Report Reveals

Posted on Oct 9, 2023 by Ifi Reporter - Dan Bielski

The OECD report published last week showed that Israel lags behind the OECD countries not only in relation to the low rate of ultra-Orthodox employment, but also hints at the slow transition of...

Public College Heads Align School Year Start Date with Security Agenda

Posted on Oct 9, 2023 by Ifi Reporter - Dan Bielski

The Board of Heads of Public Colleges (VRAM) has announced a significant change to the start date of the school year. The decision comes in response to recent security incidents, and it reflects...

Jerusalem's Urban Public Transportation Services to Operate in Reduced Emergency Format on Monday

Posted on Oct 9, 2023 by Ifi Reporter - Dan Bielski

The Ministry of Transportation has announced a significant adjustment to the urban public transportation service in Jerusalem, set to take effect on Monday. This move comes in response to...

Cellular Communication Disrupted in Communities near Gaza Due to Ongoing Conflict

Posted on Oct 8, 2023 by Ifi Reporter - Dan Bielski

Over 36 hours into the ongoing conflict initiated by Hamas, cellular communication in communities surrounding Gaza continues to face severe disruptions. The disruptions stem primarily from...

Labor Rights and Compensation During Times of War: Expert Guidance Amidst Conflict

Posted on Oct 8, 2023 by Ifi Reporter - Dan Bielski

In the wake of recent conflict and a state of emergency declared in the central region, questions abound about employee rights, compensation, and job security in Israel. Attorney Rivka Verbner,...

Escalation of Conflict in Israel-Lebanon Border Region: mortar bombs were fired to Israel

Posted on Oct 8, 2023 by Ifi Reporter - Dan Bielski

Approximately 25 hours into the ongoing conflict, mortar bombs were fired earlier today from southern Lebanon towards Mount Dov, near the Israel-Lebanon border. In response, the Israel Defense...

Netanyahu, Lapid, and Gantz Consider Coalition Amid Gaza Conflict

Posted on Oct 7, 2023 by Ifi Reporter - Dan Bielski

Prime Minister Benjamin Netanyahu, along with opposition leaders Yair Lapid and Benny Gantz, engaged in discussions today regarding the possibility of forming a coalition government in response...

President Joe Biden delivered a resolute statement today affirming the United States' unwavering support for Israel

Posted on Oct 7, 2023 by Ifi Reporter - Dan Bielski

President Joe Biden delivered a resolute statement today, affirming the United States' unwavering support for Israel in the midst of the recent conflict in the Gaza Strip. Biden condemned the...

Shufersal Enlists McKinsey for Efficiency Program in Bid to Save Millions

Posted on Oct 7, 2023 by Ifi Reporter - Dan Bielski

Shufersal, one of Israel's largest retail chains, has initiated a comprehensive program aimed at saving hundreds of millions of shekels annually. To spearhead this ambitious endeavor,...

Ministry of Economy Launches Rapid Response Center to Bolster Business Resilience

Posted on Oct 7, 2023 by Ifi Reporter - Dan Bielski

Ministry of Economy and Industry has inaugurated the Center of Economy and Industry. This vital initiative is poised to deliver swift solutions to address the evolving needs of businesses and...

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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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