Articles by August, 2023

 Health system workers: if the government doesn't comply with High Court ruling-  we will not work
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by Ifi Reporter

Category: Health

The "White Doctor's Coats" protest, which brings together workers in the health system who oppose the regime coup and includes thousands of doctors, announced that if the government does not comply with the High Court ruling, its members will not report to work in the hospitals. "We declare that in a situation of the constitutional crisis, we will not be forced to report to work until the government returns to respecting the rulings of the Supreme Court," they wrote in a statement

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Aug 7, 2023

American Rubrik announced the purchase of the Israeli cyber startup Laminar for about 250 million $
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by Ifi Reporter

Category: Financial

The American company Rubrik announced the purchase of the Israeli cyber startup Laminar. The amount of the purchase is estimated at 200-250 million dollars. According to the announcement, Laminar will continue to operate from its offices in Tel Aviv and will form the basis for Rubric's R&D center in Israel

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Aug 8, 2023

Bezeq Group Reports Strong Q2 2023 Results with Record Profit and Dividend Distribution
452 Views Details

by Ifi Reporter

Category: Financial

Bezeq Group, a leading telecommunications company in Israel, has announced its financial results for the second quarter of 2023, showcasing impressive growth in revenues and achieving its highest adjusted net profit since 2017. The company's robust performance has led to positive market sentiment, with its shares rising by 1.8% at the opening of trading on Wednesday

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Aug 9, 2023

Uproar and Boycott Escalate Following Strauss Company's Advertising Discontinuation at cannel 14
678 Views Details

by Ifi Reporter

Category: Law

In the wake of the contentious decision by the Strauss company to halt its advertising on Channel 14, a storm of controversy has erupted, leading to a boycott backed by right-wing factions. Recent developments have taken a disturbing turn, with reports emerging that threats against the company's chairwoman, Ofra Strauss, have prompted the deployment of security personnel for her protection. This alarming situation has been brought to light by N12

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Aug 9, 2023

ICL Anticipates Recovery After Q2 Slump Despite Challenges - ICL's stock has surged by 16%
743 Views Details

by Ifi Reporter

Category: Financial

Israel Chemicals Ltd (ICL), now known as ACL, has witnessed a tumultuous second quarter in 2023, grappling with plunging profits and a sharp decline in product prices. However, recent indicators of price stabilization and increased demand suggest a potential turnaround for the fertilizer and minerals producer. Since the commencement of the third quarter, ACL's stock has surged by 16%, hinting at a potential upswing in the company's financial results for Q3. This comes as a relief after the company faced a severe blow in Q2, when a precipitous fall in fertilizer prices and reduced...

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Aug 10, 2023

El Al Marks 20th Anniversary on Stock Exchange with Soaring Q2 Profits and Ambitious Expansion Plans
466 Views Details

by Ifi Reporter

Category: Financial

Israel's flagship airline, El Al, is celebrating its 20th anniversary since its listing on the stock exchange by unveiling remarkable financial performance in the second quarter of 2023. The company's published reports reveal a substantial surge in profits and a strategic business roadmap geared towards fleet expansion and upgrading narrow-body aircraft

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Aug 10, 2023

Check Point Acquires Israeli "Perimeter 81" for $490 Million - The second-largest purchase
749 Views Details

by Ifi Reporter

Category: Hitech

In a strategic move to bolster its cybersecurity offerings, global cybersecurity leader Check Point has announced the acquisition of Israel-based Perimeter 81 for $490 million. This acquisition marks the second-largest in Check Point's history and comes as a significant milestone for both companies. Perimeter 81, founded in 2018 by CEO Amit Barkat and Saghi Gidli, has rapidly established itself as a pioneer in providing advanced cyber protection for remote employees. With its innovative cloud-adapted technology, the company has carved a niche in safeguarding remote connections across...

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Aug 11, 2023

Allenby Street in Tel Aviv Closed for 4.5 Years: Concerns Rise Among Residents and Businesses
2020 Views Details

by Ifi Reporter

Category: Government

Allenby Street, one of the bustling thoroughfares in Tel Aviv, has been shut down to vehicular traffic for an anticipated four and a half years, commencing this Friday morning. The closure is a pivotal step in the ongoing development of the purple line of the city's light rail system, with the long-term vision of transforming this segment into a pedestrian-friendly zone. However, the move has sparked frustration and apprehension among local residents and business owners who are apprehensive about the potential impact on their livelihoods

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Aug 11, 2023

Pakistani Law Enforcement Agencies Accused of Using Israeli Mobile Hacking Tech for Surveillance
554 Views Details

by Ifi Reporter

Category: Hitech

Recent revelations have sparked controversy over allegations that Pakistan's Federal Bureau of Investigation (FIA) and various police units have been using mobile phone hacking equipment from Israeli company Cellebrite for surveillance purposes. This development is particularly noteworthy given the absence of official diplomatic relations between Pakistan and Israel, which has led to the Pakistani passport bearing a notable exception to entry into Israel

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Aug 12, 2023

Nationwide Protests Continue Against Legal Revolution for 32nd Consecutive Week all over Israel
525 Views Details

by Ifi Reporter

Category: Politics

In a show of ongoing defiance, protesters gathered in cities across Israel for the 32nd consecutive week to voice their dissent against the legal revolution that has shaken the nation's political landscape. Tens of thousands of demonstrators participated in the rallies, marking the continuation of what has become a defining weekly event in the country.

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Aug 12, 2023

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