News
Migdal Insurance Company posted a total loss of NIS 563 million in the first quarter
Posted on May 27, 2020 by Ifi Reporter
Migdal Insurance Company posted a total loss (after tax) of NIS 563 million in the first quarter of 2020. This compares with a total profit of NIS 543 million in the corresponding quarter last...
Government water company Mekorot made NIS 83 million in the first quarter
Posted on May 27, 2020 by Ifi Reporter
Government water company Mekorot made NIS 83 million in the first quarter of 2020 - an increase of 13% compared to the same quarter in 2019.
Its source, which is managed by Eli Cohen, noted that...
IDB insurance reports: net loss of NIS 9.4 million in the first quarter
Posted on May 27, 2020 by Ifi Reporter
IDB insurance, which operates the "Direct Insurance" brand, reported a 7% decrease in gross premiums, in addition to a net loss of NIS 9.4 million. This is due to a decrease of...
Elbit earned $ 64 million in the first quarter of 2020 - a 26% increase
Posted on May 26, 2020 by Ifi Reporter
Elbit Systems, which is managed by Bezalel Macliss, earned $ 64 million in the first quarter of 2020 - a 26% increase over the same quarter in 2019. Elbit Systems' revenue grew 4.8% in the...
24% of existing mortgages on the market are frozen and unpaid due to the Corona crisis
Posted on May 26, 2020 by Ifi Reporter
Due to the Corona crisis, the Bank of Israel published the data on the volume of mortgages whose payments were frozen. The figures show that the volume of frozen mortgages currently stands at NIS...
Windows manufacturer and aluminum profiles Klil profit amounted to NIS 8.1 million - 50% decline
Posted on May 26, 2020 by Ifi Reporter
Windows manufacturer and aluminum profiles Klil Industries sums up the first quarter of 2020 with a 17.3% decline in revenue and 50% in net profit. The company's revenue was NIS 85.5 million...
23 new patients in Israel were diagnosed with Corona in the past day
Posted on May 26, 2020 by Ifi Reporter
The Ministry of Health announced Tuesday (Tuesday) that 23 new patients were diagnosed with Corona in the last day. According to the ministry's data, 150 patients recovered last night....
Masco Corporation acquired the Israeli startup SmarTap
Posted on May 26, 2020 by Ifi Reporter
Masco Corporation (NYSE: MAS) has acquired the Israeli startup SmarTap, part of the portfolio of venture capital fund Terra Venture Partners. Masco, a Fortune 500 company, is a global leader in...
40 years of US and Israel Biennial Research was invested in 1200 agriculture projects
Posted on May 25, 2020 by Ifi Reporter
The US and Israel Biennial Research and Development Fund was established about
40 years ago. Over the years, the fund has invested about $ 315 million in some 1200 agricultural infrastructure...
64% of the employed were absent from work in whole or in part in April
Posted on May 25, 2020 by Ifi Reporter
More than 2.5 million Israelis - 64% of employed - were absent from work in whole or in part in April. This is evident from the data released by the Central Bureau of Statistics on Monday.
The...