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

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Roldin chain raised the prices of donuts: Increase of about 17%

Posted on Nov 16, 2022 by Ifi Reporter - Dan Bielski

The Roldin chain raised the prices of donuts. A donut filled with strawberry jam has become more expensive by NIS and is now sold for NIS 7 instead of NIS 6 last year - an increase of about 17%....

Philips Israel lays off dozens of employees out of 1,500

Posted on Nov 16, 2022 by Ifi Reporter - Dan Bielski

Philips Israel lays off dozens of employees. The layoffs at the company, which employs about 1,500 workers in Israel, are part of a worldwide layoff process by the company, which already...

Zim: In Q3 the profit amounted to $1.17 billion and presents very high operating profitability

Posted on Nov 16, 2022 by Ifi Reporter - Dan Bielski

Zim reports the company's results for the third quarter and the first nine months of 2022. The company reported a net profit of $1.17 billion in the third quarter, and continues to show very...

rental price index increased by only 0.5% on average in the month of October

Posted on Nov 15, 2022 by Ifi Reporter - Dan Bielski

Against the background of the increase in apartment prices that still does not stop, the Central Bureau of Statistics continues to publish separately the breakdown of rental prices for the sixth...

Venture capital fund NevaTeam Partners will invest about 80 million dollars in companies from the fields of technology for agriculture

Posted on Nov 15, 2022 by Ifi Reporter - Dan Bielski

The venture capital fund NevaTeam Partners will invest about 80 million dollars in companies from the fields of technology for agriculture and food. The foundation for which this is the beginning...

Bank Mizrahi Tefahot will lead a consortium for the purchase of the Port of Haifa

Posted on Nov 13, 2022 by Ifi Reporter - Dan Bielski

Bank Mizrahi Tefahot will lead a consortium of financiers for the purchase of the Port of Haifa. Together with the partners, the bank will provide credit in the amount of NIS 1.7 billion to...

Bank Mizrahi Tefahot will lead a consortium for the purchase of the Port of Haifa

Posted on Nov 13, 2022 by Ifi Reporter - Dan Bielski

Bank Mizrahi Tefahot will lead a consortium of financiers for the purchase of the Port of Haifa. Together with the partners, the bank will provide credit in the amount of NIS 1.7 billion to...

IDE Technologies won the tender for the construction of the seventh desalination plant in Israel

Posted on Nov 12, 2022 by Ifi Reporter - Dan Bielski

IDE Technologies won the tender for the construction of the seventh desalination plant in Israel, which will be located in the Western Galilee near Nahariya. IDE will build the plant and operate...

Content recommendation company Outbrain: Adjusted loss of $5.5 million compared with profit of $6.6 million

Posted on Nov 12, 2022 by Ifi Reporter - Dan Bielski

Content recommendation company Outbrain published improved forecasts but reported an adjusted loss per share in the third quarter that was 50% lower than analysts' expectations: 10 cents...

Matrix income was about NIS 1.16 billion - increase of 12.9%

Posted on Nov 11, 2022 by Ifi Reporter - Dan Bielski

The Matrix company, which deals in providing software solutions and marketing hardware and software products, published its financial reports for the third quarter of the year according to which...

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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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