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

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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...

Former Israeli Prime Minister Ehud Olmert Linked to Blacklisted Cyber Company Intellexa in International Investigative Project

Posted on Oct 5, 2023 by Ifi Reporter - Dan Bielski

In a recent revelation as part of the international investigative project "Predator Cases," it has come to light that former Israeli Prime Minister Ehud Olmert was associated with the...

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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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