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

News

Kenny Rosenberg owner of El Al wants to increase his holdings in the company by convert part of his loans into El Al's shares

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

Kenny Rosenberg, the controlling owner of El Al, wants to increase his holdings in the company. The company's board of directors appointed an independent committee to examine the proposal of...

Strauss board of directors ordered the company's management to examine raising a debt of NIS 400 million

Posted on Dec 8, 2022 by Ifi Reporter - Dan Bielski

Strauss board of directors ordered the company's management to examine raising a debt of NIS 400 million. The debt raised from a bank, other financial institution or by issuing bonds will be...

Israeli cyber company CyCognito laid off about 30 employees - about 15% of the company's workforce

Posted on Dec 8, 2022 by Ifi Reporter - Dan Bielski

The Israeli cyber company CyCognito (CyCognito) laid off about 30 employees, which make up about 15% of the company's workforce of 185 employees in Israel and the United States. According to...

CloudWize and Kyndryl Israel have entered into a strategic partnership to enables companies to have maximum cloud security

Posted on Dec 8, 2022 by Ifi Reporter - Dan Bielski

CloudWize and Kyndryl Israel announced today that the companies have entered into a strategic partnership to help bring cloud security and compliance to more businesses in Israel, across the...

In November, a budget deficit of approximately 1.2 billion shekels was measured

Posted on Dec 8, 2022 by Ifi Reporter - Dan Bielski

In November, a budget deficit of approximately 1.2 billion shekels was measured, and the cumulative budget surplus in the last 12 months is reduced to 0.4% of GDP (approximately 7.5 billion...

Tigo Energy may merge with Spak under the name Roth CH Acquisition IV at a value of 600 million dollars

Posted on Dec 7, 2022 by Ifi Reporter - Dan Bielski

Zvi Alon's Tigo Energy may merge with Spak under the name Roth CH Acquisition IV at a value of 600 million dollars. Tigo provides solar and energy storage solutions and the merger is expected...

Univo Pharmaceutical that supplies medical cannabis products request to delay proceedings due to 40 million $ debts

Posted on Dec 6, 2022 by Ifi Reporter - Dan Bielski

The medical cannabis company Univo Pharmaceutical Industries, which manufactures and supplies medical cannabis products in Israel, as well as a number of subsidiaries it owns, submitted an urgent...

About a hundred Israeli importers flew.to Istanbul for meetings with about 400 Turkish exporters

Posted on Dec 5, 2022 by Ifi Reporter - Dan Bielski

The Association of Chambers of Commerce, in cooperation with the Turkish Exporters Association TIM, organized a delegation of about a hundred Israeli importers to Istanbul for a series of BTB...

Santa Israeli startup lays off most of their employees - A few dozens

Posted on Dec 5, 2022 by Ifi Reporter - Dan Bielski

Another startup company lays off employees. The CEO of Santa, Roy Adler, announced on Monday evening that the company will lay off most of its employees (a few dozen). In addition, the company is...

The Standards Institute began laying off 150 of the 873 employees

Posted on Dec 5, 2022 by Ifi Reporter - Dan Bielski

The Standards Institute began laying off 150 of the 873 employees it employs following the standardization reform initiated by the Ministry of Finance and the Ministry of Economy as part of the...

Articles Archive

September 2026
August 2026
July 2026
June 2026
May 2026
April 2026

Top Categories

476 Government 374 Health 264 Financial 259 Hitech 198 Capital Market 114 Politics 112 Law 90 Communication 71 Real Estate 36 Banking 23 Start Up 12 Agriculture

ABOUT IFI TODAY

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum

Newsline

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 →

Testimonials

No testimonials. Click here to add your testimonials.