News

Interior Minister Aryeh Deri decided to cancel the decision to merge Tel Aviv and Bat-Yam

Posted on Jun 8, 2021 by Ifi Reporter

Interior Minister Aryeh Deri informed Tel Aviv Mayor Ron Huldai and Bat Yam Mayor Zvika Brut that he had decided to cancel his 2017 decision to merge the two authorities into one municipal...

Intention: Partner will be fined by NIS 414,600 on suspicion of misleading consumers

Posted on Jun 7, 2021 by Ifi Reporter

The Consumer Protection and Fair Trade Authority announced today (Monday) to Partner that it intends to fine it NIS 414,600, on suspicion of misleading consumers. The PA investigation began...

ormer Health Minister Yaakov Litzman's aide, Moti Babchik was arrested on suspicion of bribery

Posted on Jun 6, 2021 by Ifi Reporter

Four people, including former Health Minister Yaakov Litzman's aide, Moti Babchik, were arrested on suspicion of bribery, fraud and breach of trust. Other detainees in the corruption case,...

Notal Vision has begun a fourth round of funding in the amount of $ 60 million

Posted on Jun 6, 2021 by Ifi Reporter

Notal Vision, a company that develops and provides early detection and home monitoring services for retinal diseases, has begun a fourth round of funding in the amount of $ 60 million. It is...

Teva: 28 million settlement agreement in three derivative proceedings filed against the company and it's officers

Posted on Jun 6, 2021 by Ifi Reporter

Economic Judge Ruth Ronen approved a $ 28 million settlement agreement in three derivative proceedings filed against Teva and its officers. The main lawsuit dealt with claims for damages to the...

Ministry of Health will recommend abolishing the obligation to wear masks indoors on June 15

Posted on Jun 6, 2021 by Ifi Reporter

Health Minister Yuli Edelstein has announced that the Ministry of Health will recommend abolishing the obligation to wear masks indoors on June 15. "After a consultation with senior...

BDO: Electric vehicle sales in Israel will double this year to 19,000

Posted on Jun 6, 2021 by Ifi Reporter

Electric vehicle sales in Israel will double this year to 19,000, BDO chief economist Chen Herzog predicts in a report reviewing their penetration into Israel, the forecast for the coming years...

Israeli startup Gong raised $ 250 million in round E

Posted on Jun 6, 2021 by Ifi Reporter

Gong, a business intelligence platform for salespeople that leverages artificial intelligence technologies to upgrade the capabilities of sales teams, raised $ 250 million in round E led by...

Poor Exit: ScaleMP was recently sold to SAP for a small amount and much lower than invested in

Posted on Jun 4, 2021 by Ifi Reporter

The startup company ScaleMP was recently sold to SAP for a small amount and much lower than what has been invested in it so far. This is a failure of a start-up company that aimed for much higher...

Elbit Systems has won a $ 80 million contract from an Asia-Pacific state

Posted on Jun 3, 2021 by Ifi Reporter

Elbit Systems has won a $ 80 million contract from an Asia-Pacific state to supply SPECTRO XR multifectral electro-optical systems for naval forces. Elbit Systems won the deal after winning a...

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Newsline

Government Announces Cash Grants for Evacuees Ahead of Passover

Apr 17, 2024 by Ifi Reporter

In a gesture aimed at easing the burden on evacuees unable to return to their homes in the north and south of Israel, the government has approved a generous cash grant ahead of the Passover holiday. Finance Minister Bezalel Smotrich spearheaded the initiative, which seeks to provide financial... Continue reading →

Tesla Israel Sues Customer Over Alleged Unpaid Car Purchase - Bitcoin Payment Dispute

Apr 16, 2024 by Ifi Reporter

In a case set to be heard at the Ashdod Magistrate's Court, Tesla Israel is pursuing legal action against a customer for over a quarter of a million shekels, alleging failure to pay for a car purchased from the company. The lawsuit, which raises novel issues regarding Bitcoin payments and... Continue reading →

EasyJet Cancels Israel Flights Amid Security Concerns until October

Apr 16, 2024 by Ifi Reporter

Just before Passover, the British low-cost giant EasyJet is canceling its flights from Israel to destinations throughout Europe until April 21. The background for the decision is the development of the security situation in Israel, when yesterday morning hundreds of missiles and UAVs were... Continue reading →


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