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

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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...

About 100 headquarters employees at Strauss will be laid off

Posted on Nov 9, 2022 by Ifi Reporter - Dan Bielski

About 100 headquarters employees at Strauss will be laid off as part of the efficiency plan the company is undergoing against the background of inflation and the damage to profitability, and as...

Service quality: Partner leads in satisfaction in the Internet providers and Golan in Cellular

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

The Ministry of Communications publishes the service quality index. Here are the main parameters tested as part of the index, the winners and the least valued in each category: • In the...

Recovery in the hotel industry: In the first 6 months 90 thousand square meters of hotel began to be built

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

After suffering a severe blow during the Corona period, data for the first half of 2022 indicate a continued recovery in the hotel industry, as far as the construction of new hotels and...

Bank of Israel: Banks will be required to calculate for each customer the most profitable fee route

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

The Bank of Israel issued a first draft of the fee rules update, according to which the banks will be required to calculate for each customer every month what is the most profitable fee route for...

Vee has fired half of its employees as part of the second round of layoffs

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

The Vee company, which develops a platform for managing social action in organizations, has fired half of its employees as part of the second round of layoffs. Now only 17 employees will remain...

District Court issued a temporary freeze of proceedings for the food chain "Ad Ha'Om Express"

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

The District Court in Tel Aviv issued a temporary freeze of proceedings for the food chain "Ad Ha'Om Express". The chain, controlled by Ezra Shemesh, Yossi Bachar and Efi Shemesh,...

export of goods from Israel excluding diamonds amounted to NIS 16.0 billion

Posted on Nov 3, 2022 by Ifi Reporter - Dan Bielski

According to the data of the Central Bureau of Statistics, the export of goods from Israel (excluding diamonds) amounted to NIS 16.0 billion in total. Of the total exports of goods, exports to...

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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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