News

Electra Consumer Products reported that it closed 2021 with revenues of NIS 4.6 billion

Posted on Mar 6, 2022 by Ifi Reporter - Dan Bielski

Electra Consumer Products reported that it closed 2021 with revenues of NIS 4.6 billion, about 79% more than 2020; Operating profit of NIS 266 million, about 103% more than in 2020; And a net...

250 investors gathered for the annual meeting of the venture capital industry

Posted on Mar 5, 2022 by Ifi Reporter - Dan Bielski

About 250 investors gathered for the annual meeting of the venture capital industry, this is an annual event that is taking place for the fourth year without an agenda, without speeches and...

Israel will not allow private jets of Russian Billionaires to be parked in Israeli airports

Posted on Mar 5, 2022 by Ifi Reporter - Dan Bielski

The government has ordered the Airports Authority (IAA) not to allow private jets of Russian Bilionaraires to be parked in Israel for more than 48 hours, TheMarker has learned. The government...

Haikon raised NIS 60 million in a private placement of 21% of its shares

Posted on Mar 2, 2022 by Ifi Reporter - Dan Bielski

Haikon raised NIS 60 million in a private placement of 21% of its shares, following an offering to institutional investors. Ikon (+ 0.37% 299.9), which develops digital systems for the...

Electra Real Estate continues to generate profits for the Zalkind brothers: reported revenues of NIS 635 million in 2021

Posted on Mar 1, 2022 by Ifi Reporter - Dan Bielski

Electra Real Estate continues to generate profits for the Zalkind brothers. The company, from the Elco Group controlled by the brothers, reported a sharp increase in revenues and bank profit in...

Israel Shipyards to implement the strategy of expanding into the field of construction products

Posted on Mar 1, 2022 by Ifi Reporter - Dan Bielski

The Israel Shipyards Company continues to implement the strategy of expanding into the field of construction products. Cement, a subsidiary of Israel Shipyards (95%), will acquire the...

The Israeli company Autonomo announced the acquisition of a British company The Floow

Posted on Feb 28, 2022 by Ifi Reporter - Dan Bielski

The Israeli company Autonomo continues to look for effective growth engines and announced the acquisition of a British company  The Floow, in an amount that could reach $ 69 million in cash...

Partner reported the results of 2021, which it ended with an increase in revenue to NIS 3.3 billion

Posted on Feb 28, 2022 by Ifi Reporter - Dan Bielski

Partner reported the results of 2021, which it ended with an increase in revenue to NIS 3.3 billion - an increase of 5% compared to 2020. Partner's net profit in the past year amounted to NIS...

Bank Yahav: net interest income in the fourth quarter of 2021 of NIS 193.3 million

Posted on Feb 27, 2022 by Ifi Reporter - Dan Bielski

Bank Yahav, controlled by Mizrahi Tefahot reports net interest income in the fourth quarter of 2021 of NIS 193.3 million, compared with NIS 191.6 million in the corresponding period last year....

The number of job seekers is very close to the levels recorded on the eve of the corona crisis

Posted on Feb 27, 2022 by Ifi Reporter - Dan Bielski

The number of job seekers is declining, and is very close to the levels recorded on the eve of the corona crisis. This is according to the Employment Service report for January 2022. According to...

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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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