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

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Israeli Average Salary Sees Mixed Trends in 2023: CBS Report

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

The Central Bureau of Statistics (CBS) has released its latest data highlighting the salary landscape in Israel for the year 2023, revealing a combination of growth and fluctuations across...

The US dollar demonstrated strength and rose to 3.72 shekels

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

The US dollar demonstrated strength in morning trading on Tuesday, boosted by China's lackluster trade data and Moody's announcement regarding the downgrade of ten smaller American banks....

Histadrut and the Local Government Center ratified a new salary agreement for education supporters in kindergartens

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

The Histadrut and the Local Government Center, which represents local authorities, have officially ratified a new salary agreement for education supporters in kindergartens, schools, and special...

Anis a prominent health products chain has filed an urgent freeze request of proceedings against it

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

Anis, a prominent health products chain operating 27 branches across the country, has filed an urgent request with the Jerusalem District Court, seeking a temporary freeze of proceedings and the...

Tax Disparities and Welfare Support Divide Non-Orthodox and Orthodox Jewish Households

Posted on Aug 6, 2023 by Ifi Reporter - Dan Bielski

In a country with a diverse population, the issue of tax discrepancies and welfare support has sparked debates between non-Orthodox and Orthodox Jewish households. Recent statistics reveal...

Forbes' Weekly Ranking Reveals Minor Shifts in Israel's Richest Individuals: . Miriam Adelson is first

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

In Forbes' latest weekly ranking of the world's wealthiest, the Israeli billionaires have seen some fluctuations in their fortunes. Miriam Adelson continues to hold the top spot among...

Record High Employment Rate Among Ultra-Orthodox Men in Second Quarter

Posted on Aug 2, 2023 by Ifi Reporter - Dan Bielski

The employment rate of ultra-Orthodox men reached an all-time high of 55.8% in the second quarter, according to the Central Bureau of Statistics' (CBS) employment target collection. This...

Audiocodes Reports Significant Profit Improvement in Q2 2023 Amid Streamlining Measures

Posted on Aug 2, 2023 by Ifi Reporter - Dan Bielski

Audiocodes, a leading provider of web-based voice communication solutions, access gateways, and media processing solutions, has announced a remarkable rebound in profitability during the second...

Netvision Customers Suffer 5-day Email Outage; Cellcom Promises Restoration but Complaints Mount

Posted on Aug 1, 2023 by Ifi Reporter - Dan Bielski

Thousands of Netvision customers have been left frustrated and unable to send or receive emails for the past five days. Cellcom, the company that owns Netvision, has informed its customers that...

Harel Group Invests NIS 390 Million in Tidhar, Unlocking New Opportunities

Posted on Aug 1, 2023 by Ifi Reporter - Dan Bielski

In a groundbreaking development for the local real estate industry, the Harel Group has entered into a strategic partnership with Tidhar, a leading private construction and entrepreneurship...

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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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