News

Electra Consumer Products concludes the first quarter with revenues of NIS 697 million, 36% increase

Posted on May 9, 2021 by Ifi Reporter - Dan Bielski

Electra Consumer Products, which is controlled by the Elkind family's Elco Group, concludes the first quarter of 2021 with an increase in net profit and operating profit following an increase...

The competition commissioner, Michal Halperin, approved the merger between "Altshuler-Shaham" and "Psagot"

Posted on May 9, 2021 by Ifi Reporter - Dan Bielski

The competition commissioner, Michal Halperin, approved the merger between Altshuler Shaham and Psagot, two investment houses, which operate, among other things, in the pension, provident and...

Nova's financial results: earned $ 20 million, or 70 cents a share

Posted on May 7, 2021 by Ifi Reporter - Dan Bielski

Nova's financial results for the first quarter of 2021, and the forecast it provided for the second quarter of the year, illustrate Oppenheim's optimism. Nova, which develops and...

Fiver's revenues in the first quarter of 2021 totaled $ 68.3 million, a 22% increase

Posted on May 7, 2021 by Ifi Reporter - Dan Bielski

Fiver's revenues in the first quarter of 2021 totaled $ 68.3 million, a 22% increase over the fourth quarter of 2020 - and a 100% jump over the same quarter last year. This is according to...

Wix acquiring the Israeli start-up company Rise.ai - The scope of the deal is unknown

Posted on May 5, 2021 by Ifi Reporter - Dan Bielski

Wix has announced that it is acquiring the Israeli start-up company Rise.ai in order to integrate it into its online trading activities. Both companies refused to provide information on the scope...

Rami Levy Communications Monitored calls from employees and was fined NIS 895,000

Posted on May 5, 2021 by Ifi Reporter - Dan Bielski

Rami Levy Communications and company executives extracted information in violation of the law and while violating the privacy of dozens of employees, journalists and customers, and took advantage...

IAI will establish a conversion site for 777-ERSF Big Twin aircraft to cargo planes

Posted on May 5, 2021 by Ifi Reporter - Dan Bielski

IAI's Aviation Division signed a memorandum of understanding this morning with Sharp Technics (Sharp) and Incheon International Airport to establish a conversion site for 777-ERSF Big Twin...

Electra Consumer and Phoenix Investment House acquired Bitan Wines food retail chain

Posted on May 5, 2021 by Ifi Reporter - Dan Bielski

Electra Consumer, which is controlled by Elco and the Phoenix Investment House, reported an agreement to acquire control of the Bitan Wines food retail chain, in exchange for about NIS 275 million...

Electra Group is expanding its activities in transportation: acquieres Egged Transport for NIS 200 million

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

The Electra Group, managed by Itamar Deutscher, is expanding its activities in the field of transportation. The company announced that Afikim, the subsidiary, has signed an agreement to acquire...

A record for the volume of investments in startups in the field of digital health: $31.6 billion in 90 days

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

The record for the volume of investments in startups in the field of digital health was broken. In the first quarter of this year, $ 31.6 billion was raised for startups in the industry in just 90...

ABOUT IFI TODAY

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum

Newsline

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 →


Testimonials

No testimonials. Click here to add your testimonials.