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

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Materna has shut down one of the production lines for Materna Phase 1 products in Mehdrin

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

Materna, owned by Osem, announced that it has shut down one of the production lines for Materna Phase 1 products in Mehdrin, due to "recently found microbial findings". In her...

Elbit Systems has secured a contract worth $150 million to supply artillery systems

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

Elbit Systems has secured a contract worth $150 million to supply artillery systems to an undisclosed international customer. The contract spans a period of three years and includes the delivery...

IBM lays off dozens of development workers in the field of software-based storage

Posted on Jul 17, 2023 by Ifi Reporter - Dan Bielski

IBM lays off dozens of development workers in the field of software-based storage in Israel. As part of the procedure, the computing giant offered those employees to replace the dismissal with an...

Partner won or the tenth year in a row, the highest grade, Platinum+ for corporate responsibility

Posted on Jul 17, 2023 by Ifi Reporter - Dan Bielski

The media group Partner won this morning, for the tenth year in a row, the highest grade, Platinum+, in the 'High ESG' rating for corporate responsibility, at a celebratory event held at...

Leviathan Gas Reservoir Partners Seek Increase in Export Permit - Raising Concerns

Posted on Jul 17, 2023 by Ifi Reporter - Dan Bielski

The partners of the Leviathan gas reservoir have recently submitted a request to the Israeli Ministry of Energy to increase their export permit by 180 BCM (billion cubic meters). If approved,...

Italian Digital Medicine Company, AccYouRate, Launches AccYouRate AI in Israel

Posted on Jul 16, 2023 by Ifi Reporter - Dan Bielski

In a groundbreaking move, AccYouRate, the renowned Italian digital medicine company, is expanding its global presence with the launch of AccYouRate AI in Israel. This innovative center, set to...

The dollar continues to fall and traded on Thursday at NIS 3.604 due to e encouraging inflation data

Posted on Jul 13, 2023 by Ifi Reporter - Dan Bielski

The dollar continues to fall and traded on Thursday at NIS 3.604. The reason for this is the encouraging inflation data published yesterday in the United States, which led directly to sharp drops...

The total amount of mortgages banks granted in June amounted to NIS 6.535 billion

Posted on Jul 12, 2023 by Ifi Reporter - Dan Bielski

The total amount of mortgages that the banks granted to the public in June of this year amounted to NIS 6.535 billion - a negligible increase compared to the previous month, which amounted to NIS...

Chairman of the Histadrut Arnon Bar-David: "Netanyahu where are you taking the State of Israel?

Posted on Jul 11, 2023 by Ifi Reporter - Dan Bielski

"I call on the Prime Minister: the ball is in your hand. Where are you taking the State of Israel? What legacy will you leave behind? Stop the crazy chaos that exists in Israeli society as...

The total amount of mortgages in June amounted to NIS 6.535 billion - 45% decrease

Posted on Jul 11, 2023 by Ifi Reporter - Dan Bielski

The total amount of mortgages that the banks granted to the public in June of this year amounted to NIS 6.535 billion - a negligible increase compared to the previous month, which amounted to NIS...

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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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