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

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Israeli Mortgage Market Sees Stabilization Amidst Cooling Real Estate Trends

Posted on Jul 25, 2023 by Ifi Reporter - Dan Bielski

In June, the average mortgage in Israel remained steady at NIS 957,000, as reported by the Bank of Israel. This figure closely aligned with the year's average since January, which was NIS...

68% of the startups in Israel began to take active, financial and legal measures, following the coup d'état

Posted on Jul 24, 2023 by Ifi Reporter - Dan Bielski

A survey conducted by the Startup Nation Central organization found that approximately 68% of the startups in Israel began to take active, financial and legal measures, following the coup...

Public transportation prices for app users are set to increase by 12%

Posted on Jul 24, 2023 by Ifi Reporter - Dan Bielski

Public transportation prices for app users are set to increase by 12% starting tomorrow, as per the recent supervision order on public transport fares. Commuters relying on popular applications...

Binyamin Netanyahu will be undergoing a medical procedure to implant a pacemaker at Sheba Hospital

Posted on Jul 22, 2023 by Ifi Reporter - Dan Bielski

Israeli Prime Minister Binyamin Netanyahu will be undergoing a medical procedure to implant a pacemaker at Sheba Hospital in Tel Hashomer. The decision comes just before a crucial vote on the...

Credit Rating Agencies Demand Clarifications Amid Unilateral Legislation and Protests in Israel

Posted on Jul 22, 2023 by Ifi Reporter - Dan Bielski

In recent days, international credit rating agencies have taken a keen interest in Israel's economic and political landscape, demanding clarifications from its leaders due to the ongoing...

Macbidnet Implements Advanced SAS System for Anomaly Detection and Risk Management

Posted on Jul 20, 2023 by Ifi Reporter - Dan Bielski

Macbidnet, a chain of dental clinics under the Maccabi Health Services Group, has partnered with Mia Analytics, the representative of SAS in Israel, to implement a cutting-edge monitoring and...

Business Leaders Protest Legislation and Call for Dialogue to Avert Economic Crisis in Israel

Posted on Jul 20, 2023 by Ifi Reporter - Dan Bielski

In a show of unity, numerous senior executives from various industries gathered at a protest camp in Jerusalem today, voicing concerns over the ongoing legislative process and its potential...

Sherry Arison sold a portion of her shares in the bank to Klal Insurance totaling NIS 336 million

Posted on Jul 20, 2023 by Ifi Reporter - Dan Bielski

Bank Hapoalim reported that Sherry Arison had sold a portion of her shares in the bank to Klal Insurance at the lock-in price, totaling NIS 336 million. As a consequence of this...

Egged Israel's leading transportation company, is gearing up to raise NIS 500 million

Posted on Jul 19, 2023 by Ifi Reporter - Dan Bielski

Egged, Israel's leading transportation company, is gearing up to raise NIS 500 million through a massive fundraiser. The fundraiser will involve issuing bonds that have been assigned a high...

Swiss-Israeli fintech startup Okoora: signing cooperation agreement with the credit card company Max

Posted on Jul 18, 2023 by Ifi Reporter - Dan Bielski

The Swiss-Israeli fintech startup Okoora announced the signing of a cooperation agreement with the credit card company Max. The collaboration aims to revolutionize the field of foreign exchange...

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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 →

Israeli High-Tech Investors Move to Secure Future of Channel 13

Mar 13, 2026 by Ifi Reporter - Dan Bielski

A group of Israeli high-tech investors has stepped in to support the future of Channel 13 , in a move that supporters say is intended to preserve independent journalism and strengthen pluralistic media in Israel. The development emerged amid uncertainty surrounding the channel’s... Continue reading →

Hadas Water unveiled a first-of-its-kind under-sink system for Shabbat observant users

Mar 13, 2026 by Ifi Reporter - Dan Bielski

Israeli company Hadas Water , a developer and manufacturer of purified water bars, has unveiled a first-of-its-kind under-sink system in Israel designed to provide hot and cold purified water while incorporating a special mechanism adapted for Shabbat observant users. The system,... Continue reading →

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