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

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"Labor Market Report in Israel for 2022": The rate of jobs in high-tech dropped to the lowest level since 2019

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

The Ministry of Labor publishes the "Labor Market Report in Israel for 2022" from which some interesting data emerges regarding the distribution between the various industries, wages,...

Clal Insurance purchased half of its holdings in El Al from the state

Posted on Jul 4, 2023 by Ifi Reporter - Dan Bielski

Clal Insurance purchased half of its holdings in El Al from the state and received an option to purchase the rest of the state's holdings in the airline. Yesterday the state sold 12.2 million...

Future: possibility of electricity transmission via electrical cables in the sea in Israel

Posted on Jul 4, 2023 by Ifi Reporter - Dan Bielski

The National Planning and Construction Council, chaired by Rabbi Natan Elnathan, decided on the preparation of a national outline plan for electricity transmission from Ashkelon to the central...

Number of managers increased in the years 2011-2023 by 1,010 managers - 2.3%

Posted on Jul 4, 2023 by Ifi Reporter - Dan Bielski

The data of the Central Bureau of Statistics regarding the employment of managers in the education system in the last year are already here, and they present an interesting picture. According to...

Ministerial Committee is expected to meet on Wednesday to approve Privatization of postal company

Posted on Jul 3, 2023 by Ifi Reporter - Dan Bielski

Three weeks late, the Privatization Ministerial Committee is expected to meet on Wednesday to approve the order of interests of the postal service - which will allow the privatization of the...

Keshet controls 57% of the TV advertising budget of the Government Advertising

Posted on Jul 3, 2023 by Ifi Reporter - Dan Bielski

Keshet controls 57% of the TV advertising budget of the Government Advertising Bureau. This is according to a report prepared by Knesset's Research and Information Center regarding PM...

Minister of Finance Bezalel Smotrich might stop customs duty on the import of milk

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

The Minister of Finance, Bezalel Smotrich, published for public comment an order temporarily canceling the customs duty on the import of Niger milk, due to the shortage on the supermarket...

Price of electricity is expected to decrease by 3%-4% in August or September

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

The price of electricity is expected to decrease by 3%-4% in August or September. This is despite the fact that the electric company opposes the discount. This coming Thursday, the Ked...

Compromise: Harel Insurance will pay NIS 4.8 million to 16,000 Shirbit customers hurt by Cyber attack

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

Compromise in representations filed by consumers in the case of the cyber attack and the leaking of documents at Shirbit Insurance Company (now, R.P.E. Global): The Harel Insurance Company, which...

General Motors purchases the assets of the Israeli battery start-up Algolion from Rehovot

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

The automobile company General Motors (GM) announced on Friday the purchase of the assets of the Israeli battery start-up Algolion from Rehovot. The amount was not reported, but it is a small...

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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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