News

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 -...

More than 19,000 unemployed aged 67 and over will stop receiving the ISL 4,000 grant starting this weekend

Posted on Sep 28, 2021 by Ifi Reporter - Dan Bielski

More than 19,000 women and men aged 67 and over who received a special "adjustment grant", up to the amount of NIS 4,000 per month, after being taken on unpaid leave and not yet...

Appointed: Dedi Perlmutter as chairman of an inter-ministerial team for increasing human capital in the high-tech industry

Posted on Sep 27, 2021 by Ifi Reporter - Dan Bielski

The Minister of Innovation, Science and Technology, Orit Farkash HaCohen, has appointed Dedi Perlmutter (67) as chairman of an inter-ministerial team for increasing human capital in the high-tech...

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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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