Financial

El Al  LY008 which will land in Ben Gurion afternoon marks an end of El Al's jumbo fleet
1445 Views Details

by Ifi Reporter

Category: Financial

El Al Flight LY008, which will land in Tel Aviv this afternoon, marks the end of El Al's jumbo fleet operation on the New York route. Since 1971, the company has operated tens of thousands of flights on this route on jumbo jets. The closure of El Al's jumbo fleet is part of the company's strategic move to take out old aircraft from service and replace it with new and advanced aircraft. This week, El Al will join its new Dreamliner fleet, the Boeing 787-9 12th, called "Jerusalem of Gold." By March 2020, another 4 additional planes of 787-8 are expected to enter the service. Since 1971, a...

Read More

Sep 15, 2019

Taboola and Outbrain, which specialize in content recommendations decided to merge
1038 Views Details

by Ifi Reporter

Category: Financial

Taboola and Outbrain, which specialize in content recommendations at the bottom of online articles and sometimes on the pages of the site, report a merger agreement between them, subject to regulatory approvals. These are the top two content recommendations companies. Under the agreement, Outbrain shareholders will receive 30% of the subsidiary's shares and $ 250 million in cash. The profits of the two companies are estimated at $ 50-70 million a year. Adam Singolda, founder and CEO of Taboola, will run the merged company that operates under the Tabula brand. The subsidiary will employ...

Read More

Oct 3, 2019

American software vendor EPAM: we have acquired the Israeli startup Naya
1258 Views Details

by Ifi Reporter

Category: Financial

EPAM Systems, a digital platform engineering and software development solution provider, Software announced Wednesday the acquisition of Israeli company Naya Technologies (NAYA Technologies) for an undisclosed amount. As part of the deal, EPAM acquires both Israeli company 80 employees in Herzliya and American subsidiary NAYA Tech. EPAM employs around 30,000 employees and trades on NASDAQ at $ 9.75 billion. The company carries out projects for leading global companies of all disciplines, including prominent Google. Naya Technologies was founded in 2009 by June Okon and Yair Rosilio and...

Read More

Nov 6, 2019

39 technological collleges will open this morning with disruptions due to budget conflict
679 Views Details

by Ifi Reporter

Category: Financial

About thirty technology colleges will open in disruptions this morning due to budgetary hardship that threatens to continue their operations. Political controversy delays transfer of NIS 146 million budget promised in favor of technology college reform and another sixty-one NIS dictionary approved for colleges a year for college budget, lecturer money, vendor pay and ongoing management. Speaker of the Finance Committee Knesset Member Moshe Gaffney last week refused to transfer the money to the committee on the grounds that the money would drive reform in the technology colleges, a reform...

Read More

Nov 9, 2019

2017 Wage and Income Survey reveals: Jerusalem residents are at the bottom of the list
685 Views Details

by Ifi Reporter

Category: Financial

The National Insurance Institute publishes the 2017 Wage and Income Survey and it turns out that Jerusalem residents are at the bottom of the list when it comes to earning a job. Of the major cities defined as cities with more than 200,000 residents, Jerusalem is at the bottom of the list. The average wage of workers in the capital of Israel reaches eighty-one and a half percent of the average wage in the economy. The average wage in August totaled NIS 10,808, an increase of 2.5% compared to last year. Since the beginning of 2018, the average wage in the economy is higher than NIS 10,000...

Read More

Nov 11, 2019

The Castro - Hoodies fashion group has concluded its collaboration with Kim Kardashian
5590 Views Details

by Ifi Reporter

Category: Financial

Now it's official. The Castro - Hoodies fashion group has concluded its collaboration with Kim Kardashian. Kardashian was recruited a year ago to promote the Carolina Laminated Glasses brand in the US. The collaboration with Instagram has been signed for two years and the company has been hoping that Kardashian will bring high traffic to the brand in the form of exposure to some of its 152 million followers on Instagram. However, the activity did not produce the expected results and Castro was not satisfied with the cooperation. Kardishan received $ 6 million from Castro and as the...

Read More

Dec 5, 2019

The gap in salaries between men and women increased slightly to 31.6%
758 Views Details

by Ifi Reporter

Category: Financial

The average monthly gross income per employee from hired employment was NIS 10,584 in 2018, up 4% compared to 2017. Median income per employee is NIS 7,988, a real increase of 6.3% compared to 2017, according to data released on Monday by the Central Bureau of Statistics. . The average number of working hours per week is 40.9, and the average gross income per working hour is NIS 61.7. According to gender, 51.6% of employees are men and 48.4% are women. The average gross income per employee male is NIS 12,498 per month (and NIS 66.3 per hour). The average gross income per hired woman is...

Read More

Dec 9, 2019

 "Israeli consumers are more pessimistic about their economic future"
551 Views Details

by Ifi Reporter

Category: Financial

The Central Bureau of Statistics data shows that in the past two months, Israeli consumers are more pessimistic about their economic future - a trend that is reflected in the negative rate of consumer confidence. Last November, the consumer confidence index stood at a negative 14%, compared with a negative 10% in October. Further, two of the sub-indices that make up the Consumer Confidence Index were aggravated: the expected change in the state of the economy, which stood at a negative rate of 19% in November, compared with 12% in September, and the expected change in the state of the...

Read More

Dec 10, 2019

42% of households in Israel been in an overdraft in the bank for at least one month
663 Views Details

by Ifi Reporter

Category: Financial

42% of households in Israel that own a bank account have been in an overdraft account for at least one month during the past year (2018). This represents no less than 1.1 million households, comprising 4 million persons. This is according to a survey of household financial assets, published by the Central Bureau of Statistics (CBS). The survey, for the sixth consecutive year, has followed a fixed sample of about 4,000 households with about 12,000 persons over the years. According to the findings, about half (52%) of households with children have been over-drawn for at least one month in...

Read More

Dec 10, 2019

Bank Hapoalim in a long-term cooperation with Amazon strengthening Israel's global online commerce
638 Views Details

by Ifi Reporter

Category: Financial

Bank Hapoalim announced a long-term plan for cooperation with Amazon on Tuesday, "with a view to strengthening Israel's position in global online commerce." Last week, a meeting was held in Tel Aviv between the bank's management, led by CEO Dov Kotler, and Amazon's global delegation led by Rotem Hershko, Amazon Global Manager. Amazon, and providing benefits to Bank Hapoalim credit card holders for shopping in close proximity to Amazon's major sales events. So far, the collaborations between the parties have been casual, and today the parties have signed regular cooperation for the next two...

Read More

Dec 24, 2019

  • Page 4 / 28
  • 2
  • 3
  • 4
  • 5
  • 6

Testimonials

No testimonials. Click here to add your testimonials.