News

"The average Israeli spent on election day at least 1.126 billion shekels on credit cards"

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

The credit company Max published a data report on credit card spending on election day as of 17:00 today (Tuesday). The average Israeli spent today as of the time in question about 1.126 billion...

October: The funds and training funds conclude a positive month

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

After in September the returns in the provident funds reached a low point, with decreases of about 4% - also in the general routes; In October, the funds and training funds conclude a positive...

Israel and Bahrain hope to seal a free trade agreement before the end of the year

Posted on Oct 31, 2022 by Ifi Reporter - Dan Bielski

Israel and Bahrain hope to seal a free trade agreement before the end of the year, officials from both countries said on Monday. Israel normalised diplomatic relations with Bahrain and its Gulf...

The collection of social security and health insurance fees is expected to increase this year by NIS 9 billion

Posted on Oct 31, 2022 by Ifi Reporter - Dan Bielski

The collection of social security and health insurance fees is expected to increase this year by NIS 9 billion, which is an 11% jump compared to last year and an increase of NIS 5 billion...

Ashkelon: Approved. "Benyamin Complex" urban renewal plan in the Givat Zion neighborhood

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

The Committee for Preferred Housing Complexes approved for deposit of the "Benyamin Complex" urban renewal plan in the Givat Zion neighborhood in southeast Ashkelon. The plan is on a...

Approved: Plan in the "Building Complex" in the center of Jerusalem that combines residences hotels and commerce

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

The Jerusalem District Planning and Construction Committee approved the plan in the "Building Complex" in the center of the city that combines residences, hotels, commerce, and...

Dan Proper retire retires from his position as chairman of Osem after 56 years

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

Dan Proper (81) announced his decision to retire from his position as chairman of Osem at the end of this year after 56 years with the company. Proper joined the company in 1966 after completing...

The maximum price per liter of 95 gasoline will rise in November to 6.46 shekels per liter

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

The maximum price per liter of 95 gasoline will rise in November to 6.46 shekels per liter (including VAT), an increase of 9 shekels from the previous update. The surcharge for self-service will...

Strauss Group announced the appointment of Shay Babad as CEO

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

The Strauss Group board of directors today approved the recommendation of the search committee and announced the appointment of Shay Babad as CEO of the Strauss Group. In recent years, Babad has...

Golf Group has launched a new chain called Lavan - sells spa and atmosphere products

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

Golf Group has launched a new chain called Lavan, which sells spa and atmosphere products, body care and some household tools and household clothing and bedding. In addition, design, architecture...

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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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