News

The Tel Aviv Stock Exchange reported a second quarter jump of 300% jump in net profit

Posted on Aug 11, 2020 by Ifi Reporter

The Tel Aviv Stock Exchange reported 17% growth in second quarter 2020 revenue and a 300% jump in net profit. The main factor for the big improvement in results: the corona crisis raised the...

Approved: outline performances in open venues that can take place immediately

Posted on Aug 11, 2020 by Ifi Reporter

The government has approved an outline performances in open venues that can take place immediately. This, in accordance with an agreement with the Prime Minister and the Ministers of Health and...

The corona crisis hit the mall company Melisron and led it to record a net loss of NIS 187 million

Posted on Aug 11, 2020 by Ifi Reporter

The corona crisis hit the mall company Melisron and led it to record a net loss of NIS 187 million in the second quarter against a net profit of NIS 383 million in the corresponding period last...

Arkia is expected to immediately resume its flights on the Ben Gurion Airport-Eilat route

Posted on Aug 11, 2020 by Ifi Reporter

At the end of five months of shutdown and taking all its employees on unpaid leave, Arkia returns to activity. This, after the company's employees and the Histadrut reached an agreement with...

Bank Hapoalim is launching a free digital summer camp for the children of the bank's customers

Posted on Aug 10, 2020 by Ifi Reporter

Bank Hapoalim is launching a free digital summer camp for the children of the bank's customers. The bank's FUN & PLAY summer camp will offer customers' children shows, workshops,...

The consumer confidence index fell to minus 30% in July

Posted on Aug 10, 2020 by Ifi Reporter

The consumer confidence index fell to minus 30% in July - similar to its lowest value, measured in April 2020 during the closure period and stood at 31% -. The index values ​​range from minus 100...

Electra Group wan a tender to carry out infrastructure work at the French Hill junction in Jerusalem

Posted on Aug 10, 2020 by Ifi Reporter

Electra Group reports winning a tender to carry out infrastructure work at the French Hill junction in Jerusalem, amounting to NIS 470 million. The implementation period of the project will be...

Israel IT offers a new franchise model: with a sum of $ 150,000 an investor receive a franchise

Posted on Aug 10, 2020 by Ifi Reporter

Israel IT, part of the 107 Group, which specializes in locating and placing employees remotely at all ends of the technology spectrum, enables, for the first time in the field, the launch of a...

Israel IT offers a new franchise model

Posted on Aug 10, 2020 by Ifi Reporter

Israel IT, part of the 107 Group, which specializes in locating and placing employees remotely at all ends of the technology spectrum, enables, for the first time in the field, the launch of a...

Matrix 2nd Q revenues decline by 3.3% to NIS 856 million - Net profit climbed 10.6%

Posted on Aug 10, 2020 by Ifi Reporter

Matrix publishes the concluding financial report for the second quarter. The company reports a 3.3% decline in revenue - partly due to the pressure of the Corona crisis on customers and the move...

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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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