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

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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%....

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...

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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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