News

Isracard: Revenues in 2021 grew by about 12% to about NIS 2.3 billion

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

Isracard publishes the fourth quarter reports of 2021 summarizing an excellent year for the credit company: The annual net profit amounted to NIS 343 million, compared to NIS 93 million last...

Isracard: Revenues in 2021 grew by about 12% to about NIS 2.3 billion

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

Isracard publishes the fourth quarter reports of 2021 summarizing an excellent year for the credit company: The annual net profit amounted to NIS 343 million, compared to NIS 93 million last...

startup Canopy Care, which has developed a system for managing treatments for cancer completed first round of funding of $ 13 million

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

The startup Canopy Care, which has developed a system for managing treatments for cancer patients, announced today (Thursday) the completion of a first round of funding of $ 13 million. The round...

The merger of Bezeq's subsidiaries has been canceled

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

The merger of Bezeq's subsidiaries has been canceled: Bezeq announced today to the stock exchange that it intends to cancel the "Bezeq International" brand and merge the company...

Israel and Egypt have agreed to expand flights from Ben Gurion Airport to the city of Sharm el-Sheikh

Posted on Mar 16, 2022 by Ifi Reporter - Dan Bielski

Israel and Egypt have agreed on a security outline that will allow the expansion of direct flights between the countries, and following the agreements, a new airport will soon be inaugurated from...

IAI: Net profit rose by 11% To $ 148 million and sales by 7% to $ 4.48 billion

Posted on Mar 16, 2022 by Ifi Reporter - Dan Bielski

The aerospace industry posted record profits in 2021, thanks to sales of its military divisions, and continued losses by the aviation division. Under the management of Boaz Levy, the CEO whose...

Agreed: Each assistant in kindergartens who will be employed 5 days during the Passover holiday will get a grant

Posted on Mar 16, 2022 by Ifi Reporter - Dan Bielski

The Histadrut has reached an agreement with the local government center, the center of the regional councils and the three major cities, according to which each assistant  in kindergartens...

The Israeli gaming company Overwolf has announced the acquisition of the British company Tebex

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

The Israeli gaming company Overwolf has announced the acquisition of Tebex, a platform that allows content creators to monetize private game servers, for $ 29 million. Tobacco provides a...

El Al signed with Phoenix a non-binding agreement of principles according to which Phoenix will provide a loan

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

El Al, controlled by Kenny Rosenberg signed with Phoenix, which is managed by Eyal Ben Simon, a non-binding agreement of principles according to which Phoenix will provide a loan to the frequent...

Russian-Israeli billionaire Roman Abramovich continues his attempts to evade sanctions imposed on Russian oligarchs

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

Russian-Israeli billionaire Roman Abramovich continues his attempts to evade sanctions imposed on Russian oligarchs over Russia's invasion of Ukraine. After it was reported in England that...

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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 →

Former NBA Star Omri Casspi Raises $250 Million for Third Venture Fund

Sep 4, 2026 by Ifi Reporter - Dan Bielski

Former NBA player Omri Casspi has raised $250 million for the third fund of his venture capital firm, Swish Ventures, marking another major milestone in his transition from professional basketball to the technology investment world. The new fund brings Swish Ventures' total assets... Continue reading →

Why AI Adoption on the Factory Floor Is Far More Complicated Than a Successful Demo

Aug 25, 2026 by Ifi Reporter - Dan Bielski

The integration of artificial intelligence (AI) has become a major priority for technology companies and startups. Yet when AI solutions move from development environments to the physical factory floor, the reality can be considerably more complex.... Continue reading →


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