News

El Al Appoints Levi Halevi as New CEO; CFO Yaakov Shahar to Retire

Posted on Sep 20, 2026 by Ifi Reporter - Dan Bielski

El Al Israel Airlines announced a major leadership transition this afternoon, with the appointment of Levi Halevi as the airline’s new Chief Executive Officer . The decision was made by...

Bank Leumi Reports NIS 2.7 Billion Profit in Q3; Announces NIS 2 Billion Dividend Distribution

Posted on Nov 18, 2025 by Ifi Reporter - Dan Bielski

Bank Leumi concluded the third quarter of 2025 with a net profit of NIS 2.7 billion , marking an 18% increase compared to NIS 2.2 billion in the same quarter last year. Under the...

Gentrix.ai and Priority Partner to Launch AI Agent for Israel’s Hotel Industry - fully automated through AI

Posted on Nov 17, 2025 by Ifi Reporter - Dan Bielski

A groundbreaking collaboration in Israel’s hospitality sector was announced this week between Gentrix.ai , a startup from the SQLink Group , and Priority , developer of the leading...

Teads (Formerly Outbrain) Plunges 40% After Weak Q3 Results — Stock Down 90% in 2025

Posted on Nov 16, 2025 by Ifi Reporter - Dan Bielski

Shares of Teads — formerly Outbrain — collapsed by more than 40% last week , capping a devastating year in which the company has lost over 90% of its market value . The fall...

Israel’s Yuval Romlis, 17, Crowned World Taekwondo Champion in Croatia

Posted on Nov 16, 2025 by Ifi Reporter - Dan Bielski

Seventeen-year-old Yuval Romlis has been crowned World Champion in Taekwondo (ITF) at the 2025 World Championships in Croatia , where more than 1,500 athletes from 57 countries competed....

ASSA ABLOY Wins King’s Excellence Award for Innovative Wireless Access Lock

Posted on Nov 11, 2025 by Ifi Reporter - Dan Bielski

ASSA ABLOY has been awarded the King’s Excellence Award for Exemplary Product Design for its Aperio KL100 wireless lock — an advanced access security solution for cabinets,...

Kaltura Acquires AI Startup eSelf.ai for $27 Million to Integrate Virtual Avatars into Corporate Video Platform

Posted on Nov 11, 2025 by Ifi Reporter - Dan Bielski

Israeli enterprise video company Kaltura announced a $27 million acquisition of the AI startup eSelf.ai , marking a strategic move to integrate realistic, interactive avatars into its...

Colmobil Energy Signs NIS 4.5 Million Deal to Install 70 Solar + Storage Systems in Shapira Center

Posted on Nov 11, 2025 by Ifi Reporter - Dan Bielski

Colmobil Energy , a leading company in Israel’s home solar energy market, has signed an agreement with a buyers’ group from the Shapira Center to install approximately 70...

Minister of Strategic Affairs Ron Dermer Resigns - Citing Personal Reasons and Promise to Family

Posted on Nov 11, 2025 by Ifi Reporter - Dan Bielski

Minister of Strategic Affairs Ron Dermer submitted his resignation to Prime Minister Benjamin Netanyahu on Tuesday, ending his tenure after nearly three years in office. Dermer, one of...

2,000 Dancers Gather in Eilat for National Israeli Folk Dance Festival

2,000 Dancers Gather in Eilat for National Israeli Folk Dance Festival

Posted on Nov 11, 2025 by Ifi Reporter - Dan Bielski

Approximately 2,000 participants from across Israel took part this weekend in the Israeli Folk Dance Festival at the Club Hotel Eilat. The event, conducted by national folk dance leader...

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Newsline

El Al Appoints Levi Halevi as New CEO; CFO Yaakov Shahar to Retire

Sep 20, 2026 by Ifi Reporter - Dan Bielski

El Al Israel Airlines announced a major leadership transition this afternoon, with the appointment of Levi Halevi as the airline’s new Chief Executive Officer . The decision was made by El Al’s Board of Directors , following the recommendation of a search committee... Continue reading →

Bank Leumi Reports NIS 2.7 Billion Profit in Q3; Announces NIS 2 Billion Dividend Distribution

Nov 18, 2025 by Ifi Reporter - Dan Bielski

Bank Leumi concluded the third quarter of 2025 with a net profit of NIS 2.7 billion , marking an 18% increase compared to NIS 2.2 billion in the same quarter last year. Under the leadership of CEO Hanan Friedman , the bank announced a dividend distribution of NIS 2 billion ,... Continue reading →

Gentrix.ai and Priority Partner to Launch AI Agent for Israel’s Hotel Industry - fully automated through AI

Nov 17, 2025 by Ifi Reporter - Dan Bielski

A groundbreaking collaboration in Israel’s hospitality sector was announced this week between Gentrix.ai , a startup from the SQLink Group , and Priority , developer of the leading hotel management system Optima Priority . Under the partnership, Gentrix.ai will develop and... Continue reading →

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