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

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The startup Tomorrow.io announced the raising of an additional 87 million dollars

Posted on Jun 15, 2023 by Ifi Reporter - Dan Bielski

The startup Tomorrow.io, which promises more accurate weather forecasting, announced yesterday (Wednesday) the raising of an additional 87 million dollars. According to the database PitchBook,...

Water rates as of July 1st will rise by 3.08% - The update is carried out automatically

Posted on Jun 15, 2023 by Ifi Reporter - Dan Bielski

The Water Authority announced today (Thursday) the update of water rates as of July 1, 2023, within which they will increase by 3.08%, following a change in the basket of indices that determines...

Uber announced its departure from the Israeli market a year after trying to return to it

Posted on Jun 15, 2023 by Ifi Reporter - Dan Bielski

The transportation application Uber announced its departure from the Israeli market, about a year after trying to return to it. In the world, Uber is mainly known through the UberX service, which...

The average wage for a salaried position in Israel reached a new record of NIS 13,683 in March

Posted on Jun 15, 2023 by Ifi Reporter - Dan Bielski

A considerable increase in the average salary in Israel, alongside the increase in the cost of living. The published data from the Central Bureau of Statistics (CBS) shows that the average wage...

Cyprus and Israel will try to conclude h an agreement on the distribution of the gas revenues

Posted on Jun 14, 2023 by Ifi Reporter - Dan Bielski

The Minister of Trade and Industry of Cyprus, George Papanstasio, will arrive on Wednesday for a political visit centered on the attempt to reac h an agreement on the distribution of the gas...

The youth project in Kfar Saba: 1.5 billion NIS will be invested by the State of Israel

Posted on Jun 14, 2023 by Ifi Reporter - Dan Bielski

The youth project, which has been promoted by the municipality in Kfar Saba for the past two years under the leadership of Mayor Rafi Sa'ar, who was responsible for the negotiations with Rami...

Rafael unveiled a development plan for the "SkySonic" interceptor missile

Posted on Jun 14, 2023 by Ifi Reporter - Dan Bielski

About a week after Iran unveiled its new "Fateh" missile, and claimed that it has hypersonic capabilities (a speed higher than the speed of sound) in a way that would make it difficult...

In February-April 2023 there was a 19% decrease in the sale of new apartment

Posted on Jun 14, 2023 by Ifi Reporter - Dan Bielski

According to a review by the Central Bureau of Statistics, in the three months of February-April 2023, there was a 19% decrease in the sale of new apartments, compared to the previous three...

startup (Percepto), which develops technologies for autonomous drones has raised $67 million

Posted on Jun 14, 2023 by Ifi Reporter - Dan Bielski

The startup (Percepto), which develops technologies for autonomous drones, has raised $67 million in a C round led by Koch Disruptive Technologies (KDT). The round brings the company's total...

Bromine Compounds Company of the ICL Group intends to take about 500 employees on a concentrated vacation

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

The Bromine Compounds Company of the ICL Group announced their intention to take about 500 employees on a concentrated vacation in the months of July-August, following the shutdown of some of the...

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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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