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

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Yes satellite company is launching fiber internet packages that include home internet plus TV services

Posted on Dec 1, 2022 by Ifi Reporter - Dan Bielski

Yes satellite company is launching fiber internet packages that include home internet plus TV services. The company promises an installation from today to tomorrow, but it should be noted that...

Bizavo is laying off about 100 employees - About 35% of the company's 280 employees

Posted on Dec 1, 2022 by Ifi Reporter - Dan Bielski

The technology company Bizavo, which operates in the field of conferences, is embarking on a second round of layoffs in six months. The company is laying off about 100 employees - which is about...

Clal concludes the third quarter with a total profit of NIS 40 million

Posted on Nov 30, 2022 by Ifi Reporter - Dan Bielski

After the two largest companies in the insurance market, Migdal and Harel, presented losses - Clal concludes the third quarter with a total profit of NIS 40 million. Last year in the...

Clal concludes the third quarter with a total profit of NIS 40 million

Posted on Nov 30, 2022 by Ifi Reporter - Dan Bielski

After the two largest companies in the insurance market, Migdal and Harel, presented losses - Clal concludes the third quarter with a total profit of NIS 40 million. Last year in the...

Finance Committee approved budgetary changes in the state budget amounting to approximately NIS 7 billion.

Posted on Nov 29, 2022 by Ifi Reporter - Dan Bielski

The Finance Committee headed by MK Moshe Gafni approved budgetary changes in the state budget amounting to approximately NIS 7 billion. About NIS 2 billion will be transferred to the Ministry...

The Hajjaj Group: In Q3 revenues decreased to NIS 102 million

Posted on Nov 28, 2022 by Ifi Reporter - Dan Bielski

The Hajjaj Group concludes a quarter with a decrease in revenues to NIS 102 million, compared to NIS 134.5 million in the corresponding quarter. The company's gross profit also decreased, by...

Isrotel concludes the third quarter with a moderate erosion in the operating profit: NIS 577 million

Posted on Nov 28, 2022 by Ifi Reporter - Dan Bielski

Isrotel concludes the third quarter with a moderate erosion in the operating profit, as well as in the bottom line of the net profit. The hotel chain's revenues from hospitality services...

Rami Levy reports: sales grew by 4.7% in the quarter to NIS 1.54 billion - Dividend ill be paid of NIS 36 million

Posted on Nov 28, 2022 by Ifi Reporter - Dan Bielski

Rami Levy reports in the third quarter of the year: the increase in sales recorded by the group in its various sectors did not help the net profit which was cut in the period by 43.8% to NIS 23.7...

Beitan Wines chain is expected to generate revenues of NIS 3.9 billion and a profit of NIS 175 million in 2024

Posted on Nov 27, 2022 by Ifi Reporter - Dan Bielski

Electra's food retail activity continues to show weak results relative to the industry average, but Electra, which owns 35% of its shares, estimates that the company is in the process of...

Ministry of Health: Assuta Rishon Lezion hospital will reduce the amount of fertilization treatments

Posted on Nov 27, 2022 by Ifi Reporter - Dan Bielski

Almost three months after the affair broke, the Director General of the Ministry of Health, Professor Nachman Ash, and the head of the Ministry's Medicine Division, Dr. Hagar Mizrahi,...

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BRICKSTONE Reports 16% Surge in Safe Deposit Box Rentals by Israelis Living in Western Europe

Oct 16, 2026 by Ifi Reporter - Dan Bielski

 BRICKSTONE, a company operating three private, high-security safe deposit facilities in Israel, has reported an approximately 16% increase over the past month in safe deposit box rentals by Israelis living in France, Germany, the United Kingdom and Belgium. The company attributes... Continue reading →

Finance Ministry Delay Threatens Entry of 50,000 Foreign Workers into Israel

Oct 16, 2026 by Ifi Reporter - Dan Bielski

A dispute over a NIS 10 million budget transfer from Israel’s Finance Ministry is reportedly holding up a government plan to increase the permitted share of foreign workers in the Israeli economy, potentially delaying the arrival of 50,000 additional workers across several key sectors.... Continue reading →

Shoofra Opens New Store at Israel’s Golden Mall, Investing NIS 1 Million

Oct 16, 2026 by Ifi Reporter - Dan Bielski

 Shoofra, the Israeli footwear retailer known for its colorful, original designs and distinctive shoe brands, has opened a new store on the newly inaugurated floor of Golden Mall in Rishon LeZion. The 170-square-meter store represents an investment of approximately NIS 1 million... Continue reading →

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