News

The net profit of the first quarter of 2022 amounted to NIS 31 million

Posted on May 19, 2022 by Ifi Reporter - Dan Bielski

The net profit for the shareholders of Meitav Investment House in the first quarter of 2022 amounted to NIS 31 million, compared to NIS 46 million last year (after neutralizing the effects of the...

Israeli fintech company Unit has completed a $ 100 million C round of funding

Posted on May 18, 2022 by Ifi Reporter - Dan Bielski

The Israeli fintech company Unit has completed a $ 100 million C round of funding led by the Insight Fund and with the participation of existing investors Excel Fund, Better Tomorrow Ventures,...

Golan Telecom's CEO, Ilan Siegel, has been appointed CEO of Pelephone

Posted on May 17, 2022 by Ifi Reporter - Dan Bielski

Golan Telecom's CEO, Ilan Siegel, has been appointed CEO of Pelephone, Yes and Bezeq International, the Bezeq Group announced, after the company's board of directors approved the...

HOT is expanding its discounted brand NEXT and offers packages NIS 59 per month for TV only

Posted on May 17, 2022 by Ifi Reporter - Dan Bielski

HOT is expanding its discounted brand NEXT and offers packages under it, some of which are new, including TV, Internet and mobile services, in preparation for the start of Disney +'s...

Tax Authority estimates: Unreported funds amounting to over NIS 85 million were exposed abroad

Posted on May 15, 2022 by Ifi Reporter - Dan Bielski

A national operation of the Tax Authority has revealed unreported bank accounts held abroad by Israeli residents in the amount of over NIS 85 million. A national operation to expose bank...

social workers reform: They will get an increase of 20% in their salary at a cost of NIS 200 million

Posted on May 13, 2022 by Ifi Reporter - Dan Bielski

About two years after the end of the social workers' strike, the Ministry of Finance, the Ministry of Welfare and Social Security, the Histadrut and the Union of Workers and Social Workers...

Komodor announced that it has completed a $ 42 million capital raising

Posted on May 13, 2022 by Ifi Reporter - Dan Bielski

Komodor, a company that locates and repairs faults in the Cobrentis development environment, announced that it has completed a $ 42 million capital raising, led by Tiger Global. The Felicz...

Central Bureau of Statistics: in Q1 of 2022 13,890 new apartments were sold - 73.7% of the requested quantity

Posted on May 13, 2022 by Ifi Reporter - Dan Bielski

The Central Bureau of Statistics released the requested amount of new dwellings in the first quarter of 2022. According to the CBS, in the first quarter of 2022 the requested quantity of new...

IT company Magic revenues grew 29% to about $ 139 million

Posted on May 12, 2022 by Ifi Reporter - Dan Bielski

In contrast to the market trend, the dual IT company Magic, which is controlled by Formula, registers increases on the Tel Aviv Stock Exchange with the publication of the results of the first...

IT company Magic revenues grew 29% to about $ 139 million

Posted on May 12, 2022 by Ifi Reporter - Dan Bielski

In contrast to the market trend, the dual IT company Magic, which is controlled by Formula, registers increases on the Tel Aviv Stock Exchange with the publication of the results of the first...

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Newsline

BRICKSTONE Reports 16% Surge in Safe Deposit Box Rentals by Israelis Living in Western Europe

Oct 16, 2026 by Ifi Reporter - Dan Bielski

 BRICKSTONE, a company operating three private, high-security safe deposit facilities in Israel, has reported an approximately 16% increase over the past month in safe deposit box rentals by Israelis living in France, Germany, the United Kingdom and Belgium. The company attributes... Continue reading →

Finance Ministry Delay Threatens Entry of 50,000 Foreign Workers into Israel

Oct 16, 2026 by Ifi Reporter - Dan Bielski

A dispute over a NIS 10 million budget transfer from Israel’s Finance Ministry is reportedly holding up a government plan to increase the permitted share of foreign workers in the Israeli economy, potentially delaying the arrival of 50,000 additional workers across several key sectors.... Continue reading →

Shoofra Opens New Store at Israel’s Golden Mall, Investing NIS 1 Million

Oct 16, 2026 by Ifi Reporter - Dan Bielski

 Shoofra, the Israeli footwear retailer known for its colorful, original designs and distinctive shoe brands, has opened a new store on the newly inaugurated floor of Golden Mall in Rishon LeZion. The 170-square-meter store represents an investment of approximately NIS 1 million... Continue reading →


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