News

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...

David Brodet, chairman of El Al resigns

Posted on May 23, 2021 by Ifi Reporter - Dan Bielski

David Brodet, chairman of El Al, announced this morning (Sunday) to the company's board of directors his decision to resign. David Brodet took office after the Eagles' Wings Company...

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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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