News

Analyte Renewable Energy revenues amounted to NIS 56.3 million in the second quarter

Posted on Aug 26, 2020 by Ifi Reporter

Analyte Renewable Energy announced its financial results for the second quarter of 2020 as part of an increase in revenue and profit. The energy company's revenues amounted to NIS 56.3 million...

Possible: submitting applications for the assistance grant to the self-employed and employees who control a company

Posted on Aug 26, 2020 by Ifi Reporter

The website of the Tax Authority opened up the possibility of submitting applications for the assistance grant to the self-employed and employees who control a few companies, in the amount of up...

Cellcom and Electra Consumer Products announced: The sale of Golan Telecom to Cellcom has been completed

Posted on Aug 26, 2020 by Ifi Reporter

Cellcom and Electra Consumer Products announced on Wednesday that the sale of Golan Telecom to Cellcom has been completed. Electra Consumer Products announced that the parties had agreed that the...

Fox fashion group surprises with NIS 90 million net profit in the 2nd quarter

Posted on Aug 25, 2020 by Ifi Reporter

The Fox fashion group, controlled by the Wiesel and Fox families, posted record profits in the second quarter of 2020 - NIS 90 million - despite the Corona crisis, and after the group's CEO...

Bank of Israel has left the basic interest rate unchanged - 0.1%

Posted on Aug 24, 2020 by Ifi Reporter

The Bank of Israel has left the basic interest rate in the economy at its current rate - 0.1% per year. The prime interest rate will therefore remain 1.6% per year. The interest rate decision...

851,051 jobseekers are registered - of whom 536,906 are on unpaid leave

Posted on Aug 23, 2020 by Ifi Reporter

The Employment Service said that as of today, 851,051 jobseekers are registered, of whom 536,906 are on unpaid leave. According to the Employment Service, "We continue to see in August a...

The Histadrut's Independent Business Owners' Forum onvened today for the first official discussion

Posted on Aug 21, 2020 by Ifi Reporter

The Histadrut's Independent Business Owners' Forum meeting convened today for the first official discussion in the presence of Histadrut Chairman Arnon Bar-David. The self-employed...

Victory's gross profit increased by 34% in the second quarter of 2020 to NIS 152 million

Posted on Aug 21, 2020 by Ifi Reporter

Victory's gross profit increased by 34% in the second quarter of 2020 compared to the corresponding quarter in 2019, and amounted to NIS 152 million, which is 25.5% of turnover - compared to...

Keystone Fund has signed an agreement to purchase 50% of the desalination plant in Ashkelon

Posted on Aug 20, 2020 by Ifi Reporter

The Keystone Fund, managed by Gil Deutsch and Roni Biram, has signed an agreement to purchase 50% of the desalination plant in Ashkelon from the Desalination Engineering Company (IDE), for NIS 243...

Castro-Hoodies fashion group moved to a surprising profit of NIS 33 million in the second quarter

Posted on Aug 20, 2020 by Ifi Reporter

The Castro-Hoodies fashion group, controlled by the Rotter family, moved to a surprising profit of NIS 33 million in the second quarter of 2020, after losing NIS 87 million in the first quarter....

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Newsline

DF Responds to Rocket Barrage from Southern Lebanon - Israeli Settlements Targeted

Apr 27, 2024 by Ifi Reporter

Reports emerged from Arab networks detailing an IDF response to a barrage of rockets launched from southern Lebanon towards settlements near Miron. The attack, occurring on the night between Saturday and Sunday, prompted alerts of rocket and missile fire in several areas, including Sapsofa,... Continue reading →

NVIDIA has announced the acquisition of Israeli startup Run:ai - will pay approximately $600 million

Apr 24, 2024 by Ifi Reporter

In a strategic move to bolster its artificial intelligence (AI) capabilities, technology giant NVIDIA has announced the acquisition of Israeli startup Run:ai. While the exact amount of the transaction remains undisclosed, sources familiar with the matter suggest that NVIDIA will pay... Continue reading →

House of Representatives voted in favor of the military aid package to Israel

Apr 20, 2024 by Ifi Reporter

The American House of Representatives voted this evening (Saturday) in favor of transferring the military aid package to Israel, Ukraine and Taiwan, worth 95 billion dollars. Israel's share of the aid package is expected to reach $14 billion, which will be used, among other things, to renew... Continue reading →


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