Articles by August, 2022

The credit rating company Fitch reaffirms the credit rating of Israel at the level of A +
361 Views Details

The international credit company Fitch decided to keep Israel's credit rating at A+ level and left the forecast "stable". This, despite the rising inflation in Israel and the fact that political instability once again exists. At the same time, Fitch predicts that the state budget will not be passed before the second quarter of 2023, and therefore the State of Israel will operate in the mechanism of a continuous budget that limits the scope of the monthly expenditure allowed by the government. Also, the company sees a risk in not forming a government after the elections, which could lead to...

Read More

Aug 1, 2022

 Israeli cyber giant Check Point presented an increase in revenues of 9% to 571 million dollars
99 Views Details

by Ifi Reporter

Category: Financial

The Israeli cyber giant Check Point presented its second-quarter report and managed to overtake the analysts' forecasts in the key indicators: the company's revenues jumped by 9% to 571 million dollars, and the diluted earnings per share (the key figure in this article which is Non -GAAP) was $1.64, compared to average expectations for revenues of $560 million and earnings per share of $1.62

Read More

Aug 1, 2022

Government price committee recommends: to raise the tuition by NIS 500  per month
115 Views Details

by Ifi Reporter

Category: Financial

The government price committee recommended on Wednesday evening to raise the price of supervised nurseries by a high amount of NIS 500 per month. Ynet has learned that the ministers of finance and economy will not approve the recommendation: "This is a disproportionate harm to the public of parents." Failure to raise the price may result in at least some nurseries not opening

Read More

Aug 3, 2022

Teva's stock  passes a value of 10$ due to  it's settlement worth $ 4.25 billion with authorities
199 Views Details

by Ifi Reporter

Category: Health

The share of the pharmaceutical giant Teva jumped on the New York Stock Exchange in the past weeks by more than 40 percent. This follows the compromise agreement in principle in the opioid crisis in the United States, according to which it will pay compensation in the amount of more than four billion three hundred million dollars. The compromise settlement will bring to an end the legal discussions in the case of the painkillers and Teva emphasizes that there will be no admission of wrongdoing. Trading ended last night at the New York Stock Exchange with significant price increases. This...

Read More

Aug 4, 2022

Israeli Talon Cyber ​​Security developer has completed a $100 million Series A funding round
118 Views Details

by Ifi Reporter

Category: Hitech

Talon Cyber ​​Security, developer of the first secure browser for enterprises, has completed a $100 million Series A funding round. The round was led by Evolution Equity Partners, with participation from Ballistic Ventures, CrowdStrike's Falcon Fund, Merlin Ventures, SYN, and existing investors George Kurtz, founder and CEO of CrowdStrike, Lightspeed Venture Partners, Sorenson Ventures and Team8 Capital. The round brings the total amount that Talon has raised since its inception to $126 million.The fundraising funds will be used to continue developing and improving the product and speeding...

Read More

Aug 4, 2022

P.M Lapid War with Gaza: Alarms for the first time in Jerusalem - 600 rockets were fired at Israel
161 Views Details

by Ifi Reporter

Category: Government

Today, the shooting of the Islamic Jihad continues, most of the settlements near the Gaza Strip. For the first time since the operation began, rockets were fired at Jerusalem. The Iron Dome system intercepted two rockets. The Israel Defense Forces continued to attack targets in the Gaza Strip. A woman was injured in Jabaliya by a rocket that fell within the boundaries of the Gaza Strip and several other people were injured. Prime Minister Lapid met with opposition leader Netanyahu before noon for an update meeting. This is the first time that Netanyahu and Lapid met for an update meeting...

Read More

Aug 7, 2022

The budget surplus in July reached NIS 10 billion due to an increase of 20% in the state's revenues
271 Views Details

by Ifi Reporter

Category: Government

The accumulated surplus in the last 12 months in the state budget reached 10 billion shekels in July, and the rate of surplus in the state budget in relation to the GDP reached 0.6% of the domestic GDP - this was announced by the Economic Accountant Division of the Ministry of Finance. The surplus in the budget, for the second month in a row, is due to an increase of more than 20% in the state's revenues from the beginning of the year, compared to the corresponding period in 2021, to NIS 280 billion. The chief economist at the Ministry of Finance recently re-evaluated the state's revenue...

Read More

Aug 8, 2022

Israel Bank: The military operation  is not expected to have a significant impact on the GDP
147 Views Details

by Ifi Reporter

Category: Financial

The military operation against the Islamic Jihad terrorist organization is not expected to have a significant impact on the Israeli GDP, according to Bank of Israel economists. According to estimates, if the ceasefire reported last night is maintained and the fighting ends, the fighting will not have a wide economic impact. The dawn events came at a sensitive time: the whole world is trying to overcome a significant inflationary outbreak, and on the other hand there is a global fear of entering a recession. The USA has already recorded two consecutive quarters of contraction in GDP, and...

Read More

Aug 8, 2022

After 55 fighting hours and 1,000 rockets: Ceasefire between Israel and the Jihad came into effect
138 Views Details

by Ifi Reporter

Category: Government

After fighting that lasted two and a half days, the ceasefire between Israel and the Islamic Jihad came into effect on Sunday night at 11:30 p.m. However, on the Palestinian side the agreement was violated: at 11:51 p.m. a red alarm was sounded in Eshkol, a rocket launched from the Strip was intercepted. There are no casualties. At 11:38 p.m. a red alarm was sounded in the city of Sderot and in several localities in the Shaar HaNegev Regional Council. Several rockets launched from the Strip were intercepted by the Iron Dome system and others fell in open areas without causing casualties....

Read More

Aug 8, 2022

The recovery in tourism continues: about 250 thousand tourists entered Israel in July
96 Views Details

The hot summer heat and the high prices did not harm the recovery in the arrival of tourists to Israel. The number of tourists who arrived in the country in July is 23% lower than the number of tourists who entered in July 2019. According to the data of the Central Bureau of Statistics (CBS), in July 2022 there were 249.5 thousand tourist arrivals compared to 49.2 thousand in July 2021 and 322.8 thousand in July 2019. This is a decrease of only 22.7% compared to 2019 which was the peak year in tourism and brought about 4.5 million tourists to Israel. Fo for comparison, last June 250...

Read More

Aug 8, 2022

  • Page 1 / 4
  • 1
  • 2
  • 3
  • 4

ABOUT IFI TODAY

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum

Testimonials

No testimonials. Click here to add your testimonials.