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

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CEO of the stock exchange, Itai Ben Ze'ev: Moody's report is a wake-up call to the Israeli government

Posted on Jul 26, 2023 by Ifi Reporter - Dan Bielski

The CEO of the stock exchange, Itai Ben Ze'ev, referred to the unusual report for investors issued by the rating agency Moody's, and said that "the Moody's report released...

Eged Company Inspector of Ethiopian Origin Files Defamation Lawsuit Against Passenger Over Racist Incident

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

Eged company inspector of Ethiopian origin has taken legal action against a female passenger who subjected her to racist and offensive language while she was performing her duties. The incident...

Teva Expands Strategic Partnership with Alvotech Despite FDA Approval Delay for Biosimilar Drugs

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

Pharmaceutical giant Teva has announced its decision to further collaborate with Icelandic company Alvotech, expanding their strategic partnership despite ongoing delays in FDA approval for...

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...

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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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