News

Israeli billionaire Teddy Sagi recently fled an assassination attempt in Cyprus

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

Israeli billionaire Teddy Sagi recently fled an assassination attempt in Cyprus and left the country. Last week, the media on the neighboring island reported the arrest of a hired killer who...

Starting this coming Monday, there will be no more countries to which exit from Israel is prohibited

Posted on Oct 1, 2021 by Ifi Reporter - Dan Bielski

The government confirmed Friday that starting this coming Monday, there will be no more countries to which exit from Israel is prohibited. In a telephone poll, the ministers decided to remove...

Keystone Fund acquires control of the IPM power plant in Beer Tuvia for NIS 600 million

Posted on Oct 1, 2021 by Ifi Reporter - Dan Bielski

Huge deal in the field of infrastructure: The Keystone Fund acquires control of the IPM power plant in Beer Tuvia from Keren Noy, Leumi and the Phoenix - for NIS 600 million. Roni Biram's...

Bezeq decided to cut by 50% the installation fee prices it set for the installation of fiber optics

Posted on Oct 1, 2021 by Ifi Reporter - Dan Bielski

Bezeq decided to cut by 50% the installation fee prices it set for the installation of fiber optics for customers from NIS 900 to NIS 450. When it launched the sale of the very fast Internet...

The Israeli company Speedata raised $ 55 million in Round A

Posted on Sep 30, 2021 by Ifi Reporter - Dan Bielski

The Israeli company Speedata raised $ 55 million in Round A. Walden Catalyst Ventures, 83North and Koch Disruptive Technologies (KDT), led by existing investors Pitango First, the Viola Fund,...

Shortening internships from 26 hours to 18 hours is closer than ever

Posted on Sep 30, 2021 by Ifi Reporter - Dan Bielski

Shortening internships from 26 hours to 18 hours is closer than ever. In recent days, the Ministry of Health has distributed to the government ministries two models for shortening the shifts for...

Fuel prices in Israel will rise again: The maximum price for a liter of unleaded 95-octane - NIS 6.39 per liter

Posted on Sep 30, 2021 by Ifi Reporter - Dan Bielski

Tonight at midnight, fuel prices in Israel will rise again. Oil and fuel prices around the world have skyrocketed recently, and the last word has yet to be said. So how much will we pay from...

The balance of the public's financial assets soared by about NIS 200 billion

Posted on Sep 29, 2021 by Ifi Reporter - Dan Bielski

The balance of the public's financial assets soared by about NIS 200 billion to a level of about NIS 4.7 trillion, according to data from the Bank of Israel. The increase in the current...

The Noy Fund will purchase 40% of the shares of Nativ Express for NIS 253 million

Posted on Sep 29, 2021 by Ifi Reporter - Dan Bielski

The Noy Fund, which specializes in infrastructure investment, has signed an agreement to purchase 40% of the shares of Nativ Express from the Afifi Group, which operates public transportation....

Ormat Technologies to establish a joint venture with Archi from Indonesia

Posted on Sep 29, 2021 by Ifi Reporter - Dan Bielski

Ormat Technologies, which specializes in the initiation, construction and operation of geothermal power plants, has signed an agreement to establish a joint venture with Archi from Indonesia -...

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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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