News

ICLrepoerts: Sales totaled $ 1.790 billion in the quarter, up 49%

Posted on Nov 4, 2021 by Ifi Reporter - Dan Bielski

ICL, the global leader in specialty minerals, today reported its third-quarter financial results ended September 30, 2021. Sales totaled $ 1.790 billion in the quarter, up 49% from $ 1.204...

Israel Railways: due to the workers' sanctions, the opening of the direct train line between Modi'in and Jerusalem is delayed

Posted on Nov 4, 2021 by Ifi Reporter - Dan Bielski

Israel Railways informed the Tel Aviv Regional Labor Court that due to the workers' sanctions, the opening of the direct train line between Modi'in and Jerusalem (Keshet Modi'in),...

The growth trend in Caesarstone Israel continued in the third quarter of 2021

Posted on Nov 3, 2021 by Ifi Reporter - Dan Bielski

The growth trend in Caesarstone Israel   continued in the third quarter of 2021, but the jump in shipping costs and the price of raw materials - which weighs heavily on a large number of...

The Fortissimo Fund acquires 77% of the shares in Sela Software at a value of NIS 150 million

Posted on Nov 3, 2021 by Ifi Reporter - Dan Bielski

The Fortissimo Fund acquires 77% of the shares in Sela Software - which was founded by Dudu Besa and Cro Segal, and is valued at NIS 150 million. Sela Software employs about 300 people, and is...

Newpan's management is negotiating the purchase of about 50% of the Last Price shopping site

Posted on Nov 3, 2021 by Ifi Reporter - Dan Bielski

Newpan's management, an importer and marketer of the leading electrical and electronics products in Israel, is negotiating the purchase of about 50% of the Last Price shopping site. The scope...

Teva successfully completed the issuance of the largest SLB bond to date, amounting to $ 5 billion

Posted on Nov 3, 2021 by Ifi Reporter - Dan Bielski

Teva, the company that brought the news of generics to the world, successfully completed yesterday the issuance of the largest SLB bond to date, amounting to $ 5 billion. Bellemberg reports...

"Asia Europe Oil Pipeline" Company will not be able to expand its transportation of oil in the Gulf of Eilat beyond what it is allowed

Posted on Nov 3, 2021 by Ifi Reporter - Dan Bielski

"Asia Europe Oil Pipeline Company (EPA) will not be able to expand its activities for the transportation and storage of oil in the Gulf of Eilat beyond what it is allowed to do ......

First time in a decade: Economy Minister Orna Barbibai and Jordan's Minister of Industry and Trade Yosef Alshamli met in Amman

Posted on Nov 3, 2021 by Ifi Reporter - Dan Bielski

For the first time in a decade, a meeting was held between the Ministers of Economy of Israel and Jordan. Economy Minister Orna Barbibai and Jordan's Minister of Industry and Trade Yosef...

Amdocs reported revenue of $ 4.3 billion, surpassing analysts' forecasts

Posted on Nov 2, 2021 by Ifi Reporter - Dan Bielski

Amdocs, which is traded on the Nasdaq at a value of $ 9.9 billion, reported revenue of $ 4.3 billion, surpassing analysts' forecasts of revenue of only $ 947.1 million. Non-GAAP earnings per...

Committee for Senior Appointments: Rejected the candidacy of Amy Palmor , for the position of chairman of the Israel Electric Company

Posted on Nov 2, 2021 by Ifi Reporter - Dan Bielski

Another surprising disqualification for appointing one of the most senior figures in the Israeli economy. The Gilour Committee for the Approval of the Eligibility of Senior Appointments in...

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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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