News

The net profit of the Rami Levy chain jumped by 69% in the second quarter of this year to NIS 61 million

Posted on Aug 19, 2021 by Ifi Reporter

The net profit of the Rami Levy chain jumped by 69% in the second quarter of this year to NIS 61 million - following the improvement in trading conditions, a strong emphasis on saving on...

Partner profit in the second quarter of 2021 totaled NIS 2.6 million

Posted on Aug 18, 2021 by Ifi Reporter

Partner Communications, a leading Israeli communications provider, announced today its results for the quarter ended June 30, 2021. Commenting on the results for the second quarter 2021, Mr. Avi...

Israel Railways: profit in the second quarter of 2021 was NIS 2.6 million compared with a loss of NIS 4 million

Posted on Aug 18, 2021 by Ifi Reporter

Israel Railways published its financial data for the second quarter of 2021. The Railway report shows a positive trend of the government company, even if the changes are not very large: the...

ZIM Integrated Shipping Services: Net income for the second quarter was $ 888 million

Posted on Aug 18, 2021 by Ifi Reporter

ZIM Integrated Shipping Services published its business results, on a consolidated basis, for the second quarter and first half of 2021. In the past year, we seem to have become accustomed to...

Castro-Hoodies Group: Revenues in the second quarter of 2021 jumped by 56% to NIS 439 million

Posted on Aug 16, 2021 by Ifi Reporter

The Castro-Hoodies Group today publishes its financial statements for the second quarter of 2021. The company presents record results in the second quarter and first half of 2021 with an...

EdgeConneX acquires Global Data Center from Herzliya - transaction is estimated at $ 300-400 million

Posted on Aug 16, 2021 by Ifi Reporter

EdgeConneX, which specializes in the establishment and operation of data centers, acquires Global Data Center from Herzliya Pituach, which operates data centers in Israel. The companies did not...

Discount bank 2nd Q: net profit of NIS 1.52 billion

Posted on Aug 16, 2021 by Ifi Reporter

Discount Bank publishes very strong results for the second quarter and the first half of 2021. Discount, managed by Uri Levin, ended the second quarter with a net profit of NIS 860 million,...

ICC Credit Card Company, controlled by Discount Bank, published good reports for the second quarter

Posted on Aug 15, 2021 by Ifi Reporter

ICC Credit Card Company, controlled by Discount Bank, published good reports for the second quarter of 2021. ICC, managed by Levy Halevi, enjoyed growth in its credit card use following the...

A cyber attack took place in at Bar Ilan University

Posted on Aug 15, 2021 by Ifi Reporter

A cyber attack took place in the afternoon (Sunday) at Bar Ilan University. An internal email sent by the computer unit at the institution described the case as follows: "At the moment,...

Central Bureau of Statistics: Number of new dwellings sold in June was 5,39

Posted on Aug 15, 2021 by Ifi Reporter

According to a survey published today (Sunday) by the Central Bureau of Statistics (CBS), the number of new dwellings sold in June was 5,391 - slightly higher than the monthly record set last...

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Electra Group Secures Lucrative Contract for JFK Airport Terminal 1 Lighting System Construction

May 3, 2024 by Ifi Reporter

Expanding its foothold in the United States, Electra Group has announced a significant milestone as its subsidiary, Gilston (51% owned), clinched a subcontracting deal for the construction of the lighting system in the forthcoming Terminal 1 at JFK Airport in New York. The lucrative contract,... Continue reading →

United Airlines Extends Flight Suspension to Israel Amidst Ongoing Security Concerns

May 1, 2024 by Ifi Reporter

United Airlines has announced an extension of its flight suspension to Israel following the recent missile and drone attack by Iran. The American carrier, which initially halted its operations in Israel until May 2, will now refrain from resuming flights until at least May 9, citing ongoing... Continue reading →

Israeli Mortgage Market Sees Average Decrease in March Despite Recovery in Activity

Apr 30, 2024 by Ifi Reporter

March saw a surprising turn in the Israeli mortgage market, with the average mortgage amount decreasing significantly despite a reported recovery in market activity. Data released by the Bank of Israel indicates a notable decline in the average mortgage compared to previous months, marking the... Continue reading →


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