News

International Bank also provides successful first quarter results: earned NIS 287 million

Posted on May 26, 2021 by Ifi Reporter - Dan Bielski

Like other banks, the International Bank also provides successful first quarter results. The bank, managed by Smadar Barber Tzadik, earned NIS 287 million in the first quarter, a growth of 68%...

Partner reports: Revenues grew by 3% to NIS 833 million and profit was cut to NIS 5 million

Posted on May 26, 2021 by Ifi Reporter - Dan Bielski

Just before the change of the company's CEOs, when Avi Zvi replaces Itzik Benvenisti, Partner reports this morning on its financial results in the first quarter of the year, which show that...

Dr. David Klein former Governor of the Bank of Israel past away

Posted on May 26, 2021 by Ifi Reporter - Dan Bielski

The Governor of the Bank of Israel, the Monetary Committee and the Administrative Council, members of the management, and all Bank employees and retirees share the family's grief and bow their...

Mitronics: ended the first three months of 2021 with sales of NIS 419 million, a growth of 33.6%

Posted on May 25, 2021 by Ifi Reporter - Dan Bielski

A day after the announcement of the CEO's expected retirement, Mitronics provides investors with the results of the first quarter: The manufacturer of robots for cleaning pools from Kibbutz...

Fox ended the first quarter of 2021 with an increase in sales and a surplus, despite a 52-day close

Posted on May 25, 2021 by Ifi Reporter - Dan Bielski

Fox ended the first quarter of 2021 with an increase in sales and a surplus, despite a 52-day close during the quarter. The fashion retail group, led by Harel Wiesel, posted a bottom line profit...

Paz earned NIS 30 million in the first quarter of 2021 - compared with a loss of NIS 97 million

Posted on May 25, 2021 by Ifi Reporter - Dan Bielski

The energy company Paz earned NIS 30 million in the first quarter of 2021, compared with a loss of NIS 97 million in the corresponding quarter in 2020. The background to the increase in profit is,...

The Israir flight to Dubai, which was scheduled to take off Tuesday morning was cancelled due to the Saudis

Posted on May 25, 2021 by Ifi Reporter - Dan Bielski

The Israir flight to Dubai, which was scheduled to take off Tuesday at 9:00 a.m. to Dubai, has not received approval from the Saudi aviation authorities to fly in the country's airspace....

Strauss: stable revenues of NIS 2.06 billion and an increase in profit to NIS 30 million

Posted on May 25, 2021 by Ifi Reporter - Dan Bielski

Strauss Group published its GAAP and non-GAAP financial statements for the first quarter of 2021. Similar to the results for FY 2020, the results for the current quarter were largely impacted by...

Bank of Israel's credit data system: Someone who has only one current account is a captive customer

Posted on May 24, 2021 by Ifi Reporter - Dan Bielski

A study conducted in the Bank of Israel's credit data system found that someone who has only one current account is in fact a captive customer of the bank, and therefore on average will pay...

The Ministry of Health: for the first time since the outbreak of the corona plague in Israel, all restrictions will be lifted

Posted on May 24, 2021 by Ifi Reporter - Dan Bielski

The Ministry of Health announced that for the first time since the outbreak of the corona plague in Israel, all restrictions will be lifted. The ministry announced that the decision comes in light...

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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 →

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 →

SACHEK NA Introduces New 3D Plastic Puzzle Collection Featuring Iconic Cars

Aug 25, 2026 by Ifi Reporter - Dan Bielski

Israeli toy and puzzle company SACHEK NA, owned by Meir Klughaft and Yossi Bar-On, is introducing a new collection of 3D plastic vehicle puzzles, combining traditional puzzle assembly with three-dimensional model building. From Porsche and Ferrari to the Harry Potter Bus The new... Continue reading →

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