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

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Israeli-Russian billionaire Yuri Milner announced that he is renouncing his Russian citizenship

Posted on Oct 11, 2022 by Ifi Reporter - Dan Bielski

Israeli-Russian billionaire Yuri Milner, the richest Russian in Silicon Valley, has announced that he is renouncing his Russian citizenship. Milner completed the process as early as August,...

Labor Court prohibited the Histadrut from disrupting the reception of the new unloading cranes

Posted on Oct 10, 2022 by Ifi Reporter - Dan Bielski

The Vice President of the Labor Court in Beer Sheva, Judge Zvi Frankel, yesterday (Friday) prohibited the Histadrut from disrupting the reception of the new unloading cranes. This is after this...

Labor Court prohibited the Histadrut from disrupting the reception of the new unloading cranes

Posted on Oct 10, 2022 by Ifi Reporter - Dan Bielski

The Vice President of the Labor Court in Beer Sheva, Judge Zvi Frankel, yesterday (Friday) prohibited the Histadrut from disrupting the reception of the new unloading cranes. This is after this...

Gad Dairies will raise prices after Sukkot holiday by up to 9.5%

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

Gad Dairies will raise prices after Sukkot by up to 9.5%. Gad Dairies, owned by the Green Lantern Foundation headed by Richie Hunter and founder Ezra Cohen, explained to the retailers the...

Fox purchased 10% in the project of the Big Group to establish a center in Eilat

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

The Fox company controlled by Harel Wiesel purchased 10% in the project of the Big Group to establish a Big Center for outlet stores at the entrance to Eilat - for NIS 20 million. The area is...

Plastofil will acquire Mor Plastic Industries for NIS 105 million

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

A deal for the purchase of Plastoshack, or under its new name Mor Plastic Industries, by Plastofil Zora from Midi Kargel has been completed. Plastofil Zorea is under the control of Kibbutz Zorea...

LinkedIn, the social network revealed the ranking of the most sought-after startups in Israel: Walnut software

Posted on Oct 2, 2022 by Ifi Reporter - Dan Bielski

LinkedIn, the social network of the high-tech world, revealed the ranking of the most sought-after startups in Israel, based on employee growth, demand among job seekers, involvement in the...

price paid by the dairies to the dairy farms increased from 243.58 cents per liter to 246.52 cents per liter

Posted on Oct 2, 2022 by Ifi Reporter - Dan Bielski

As of Sunday, the target price of milk (the price paid by the dairies to the dairy farms) increased from 243.58 cents per liter to 246.52 cents per liter - an increase of 2.94 cents representing...

Minister of Transportation Merav Michaeli: We will operate the light rail in Tel Aviv on Shabat

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

Minister of Transportation Merav Michaeli (Labor) announced her decision to operate the light rail in Tel Aviv and the surrounding area also on Saturdays starting next year. After asking the...

Israel Railways will renew night trains service from January from Haifa to Ben-Gurion airport

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

Starting this January, Israel Railways will reduce the electrification work on the track between Tel Aviv and Haifa, so that diesel trains can travel to the north on a limited basis from Sunday...

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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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