Articles by March, 2024

Shufersal Ends 2023 with Impressive Profit Surge: net profit skyrocketed to NIS 312 million
786 Views Details

by Ifi Reporter

Category: Financial

Shufersal, Israel's leading retail chain, concluded 2023 on a high note, reporting a significant surge in both sales and net profit. The company's net profit skyrocketed to NIS 312 million, marking a remarkable increase from NIS 2 million in the previous year. This outstanding performance was attributed to strategic price adjustments and the successful implementation of an efficiency plan

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Mar 27, 2024

Sergeant Nissim Kahlon has been Killed in southern Gaza strip Raid - Terrorists Captured
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by Ifi Reporter

Category: Government

In a tragic turn of events, Sergeant Nissim Kahlon, a 21-year-old fighter from Hadera serving in the Rotem Battalion of the Givati Brigade, lost his life during a raid on the Al-Amal neighborhood in Khan Yunis, located in the southern Gaza Strip. The operation, aimed at thwarting terrorist activity, uncovered new tunnels, some of which extended dangerously close to Nasser Hospital in the area. Another fighter sustained moderate injuries during the operation near Shifa Hospital in Gaza City

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Mar 27, 2024

 HOT will receive a discount for using Bezeq infrastructure for laying out optical fibers
1276 Views Details

HOT company will receive a discount for using Bezeq infrastructure for laying out optical fibers: the Ministry of Communications published a hearing for public comments, in which it proposes to immediately reduce the use of Bezeq passive infrastructure by telecommunications companies from NIS 446 per kilometer per month to NIS 250 per kilometer per month, a reduction of approx. -44% At the same time, the reduced price charged for access service to passive infrastructure that is in the Timretz area or that is in the infrastructure in an area beyond the Timretz area, NIS 107 per km or NIS...

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Mar 28, 2024

First Q OF 2024: Israeli start-up companies raised an amount of approximately $1.6 billion
601 Views Details

In the first quarter of 2024, Israeli start-up companies raised an amount of approximately $1.6 billion, within 105 fundraising rounds, according to new data from the high-tech report "Tech Review" compiled by Leumitech, the high-tech banking arm of Bank Leumi, and the research company IVC. The total amount of the recruitment is an increase of about 10% compared to the previous quarter. However, compared to the corresponding quarter last year, the total amount raised in the first quarter of this year is approximately 10% lower than that of 2023. \

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Mar 28, 2024

Prime Minister Netanyahu approved Israeli delegations to fly to Cairo and continue negotiations
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by Ifi Reporter

Category: Government

Prime Minister Binyamin Netanyahu spoke with the head of the Mossad Dedi Barnea and the head of the Shin Bet Ronen Bar and approved delegations on their behalf to fly to Cairo in the coming days to continue negotiations for the release of the abductees with scope for further negotiations, the Prime Minister's Office said on Friday. organizations

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Mar 29, 2024

"U.S approved the transfer of fighter jets and "dumb bombs" to Israel worth Billions"
661 Views Details

by Ifi Reporter

Category: Government

In recent days, the Biden administration approved the transfer of fighter jets and "dumb bombs" to Israel at a total cost of billions of dollars, the Washington Post reported on Friday evening. According to the report, based on sources in the Pentagon and the US State Department, these are 25 F-35A aircraft and engines with a total value of $2.5 billion, as well as more than 2,300 MK84 and MK82 bombs weighing 900 and 225 kg respectively. According to the American newspaper, these are bombs that caused extensive damage to the Gazan population during the war

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Mar 30, 2024

 sraeli Tech Sector Sees Recovery Despite Challenges: raising $1.6 billion in the first  Q
1066 Views Details

by Ifi Reporter

Category: Banking

The Israeli technology sector is witnessing a resurgence, buoyed by new opportunities and resilient innovation, despite ongoing challenges in attracting investment. While investment remains a primary hurdle for the ecosystem, favorable valuations and substantial growth potential present promising prospects for investors eyeing Israeli innovation

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Mar 31, 2024

Netanyahu on the calls for elections: such a move could paralyze Israel for months and benefit Hamas
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by Ifi Reporter

Category: Government

Prime Minister Benjamin Netanyahu addressed the nation in a press conference held at the Prime Minister's Office in Jerusalem, amidst ongoing protests outside the Knesset and impending surgery later tonight. Netanyahu emphasized the critical timing of the calls for early elections amid the ongoing conflict, warning that such a move could paralyze Israel for months and benefit Hamas

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Mar 31, 2024

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