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

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Discount Group: Improvement in the bank's business - Profit of NIS 893 million in Q3

Posted on Nov 23, 2022 by Ifi Reporter - Dan Bielski

Discount Group, managed by Uri Levin, publishes the financial statements for the third quarter of 2022, which show an improvement in the bank's business results: the net profit in the third...

Additional layoffs at the Israeli-Singapore Trax Retail company, which develops technology for consumer product

Posted on Nov 22, 2022 by Ifi Reporter - Dan Bielski

Additional layoffs at the Israeli-Singapore Trax Retail company, which develops technology for consumer product manufacturers and marketing and retail chains: the company is about to lay off 80...

An increase in the rates of overweight and obese people in Israel, especially among women and children

Posted on Nov 21, 2022 by Ifi Reporter - Dan Bielski

An increase in the rates of overweight and obese people in Israel, especially among women and children. This is according to a report of the national program for quality indicators for community...

The mayor of Ramat Gan, Carmel Shama-HaCohen, was interrogated with his wife on suspicion of tax offenses

Posted on Nov 21, 2022 by Ifi Reporter - Dan Bielski

The mayor of Ramat Gan, Carmel Shama-HaCohen, was interrogated on Monday along with his wife for hours at the Tax Authority on suspicion of tax offenses they had committed. At the end of the...

Electricity tariff for private customers is expected to increase by about 10% this January

Posted on Nov 21, 2022 by Ifi Reporter - Dan Bielski

The electricity tariff for private customers is expected to increase by about 10% this January. This after the rate increased by 8.6% last August. The final decision on the tariff increase...

MK Moshe Gafni was elected as the chairman of the temporary Finance Committee

Posted on Nov 21, 2022 by Ifi Reporter - Dan Bielski

The legendary chairman from the past decade of the most powerful committee in the Knesset, the Finance Committee, is returning to his post. MK Moshe Gafni was elected Monday as the chairman of...

Ron Galab was appointed CEO of Bezeq International and will take office next year

Posted on Nov 17, 2022 by Ifi Reporter - Dan Bielski

Ron Galab was appointed CEO of Bezeq International and will officially take up his position as of January 1, 2023. Gelb joined Bezeq International in 2013 as manager of the business development...

President of Suzuki Global Toshihiro Suzuki invited Zvi Neta, Chairman of Motion Devices to Japan

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

The President of Suzuki Global Toshihiro Suzuki invited Zvi Neta, Chairman of Motion Devices to Japan to present a special token of appreciation for the business activities of Suzuki Israel and...

"Aminach" expanded the development and production of sleeping systems in 2022

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

"Aminach" Ltd., which is the leading company in Israel in the field of manufacturing and marketing sleeping systems, mattresses and premium mattresses, in 2022 expanded the development...

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%....

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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 →

L’Oréal Signs 50-Year Global License Agreement for Gucci Beauty

Jul 15, 2026 by Ifi Reporter - Dan Bielski

L’Oréal has signed an exclusive worldwide 50-year license agreement to create, develop, and distribute fragrance and beauty products under the Gucci Beauty brand, strengthening its position in the global luxury beauty market. The agreement follows the previously... Continue reading →

Mul-T-Lock Partners With Ruach Nashit to Promote Women's Economic Independence

Jul 15, 2026 by Ifi Reporter - Dan Bielski

Mul-T-Lock , a leading Israeli security solutions company, has joined forces with Ruach Nashit (Women's Spirit), an organization dedicated to promoting economic independence among women survivors of domestic violence. The partnership aims to support women in rebuilding their lives... Continue reading →

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