News

Discount Bank has ended the Australian tax evasion case of its customer, the Binter family

Posted on Jan 31, 2021 by Ifi Reporter - Dan Bielski

Discount Bank has ended the Australian tax evasion case of its customer, the Binter family. The bank reported that it had reached a settlement in a civil proceeding, under which it would pay NIS...

Exphone canceles the cellular network sharing agreement with Celcom

Posted on Jan 31, 2021 by Ifi Reporter - Dan Bielski

The conflict between Exphone and Cellcom is escalating. The company announced the cancellation of the cellular network sharing agreement between the companies, in light of disputes that have...

The Fimi Fund acquires E&M computing for NIS 450 million from the Shahak family

Posted on Jan 28, 2021 by Ifi Reporter - Dan Bielski

The Fimi Fund, managed and controlled by Yishai Davidi, has signed an agreement to acquire control of E&M computing for NIS 450 million from the Shahak family and other shareholders. The...

The Fimi Fund acquires E&M computing for NIS 450 million from the Shahak family

Posted on Jan 28, 2021 by Ifi Reporter - Dan Bielski

The Fimi Fund, managed and controlled by Yishai Davidi, has signed an agreement to acquire control of E&M computing for NIS 450 million from the Shahak family and other shareholders. The...

6.7 million Israelis surf the Internet, 30% increase - because of online commerce

Posted on Jan 28, 2021 by Ifi Reporter - Dan Bielski

6.7 million Israelis surf the Internet, with each house downloading an average of 12 gigabytes of files per day, compared with 9 gigabytes last year - an increase of about 30%, according to a...

Intercure establishes a leading position in the global cannabis market: Merger with SPAC from Canada

Posted on Jan 27, 2021 by Ifi Reporter - Dan Bielski

Intercure establishes its position as a leading international companyi in the global cannabis market and makes a strategic move to flood value and accelerate growth and profitability: Intercure...

Diners at McDonald's restaurants in Brazil will use environmentally friendly trays, manufactured by an Israeli startup

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

Diners at McDonald's restaurants in Brazil will use innovative, environmentally friendly trays, manufactured by an Israeli startup with a unique technology that turns waste into a green...

The total number of mortgages granted to the public reached NIS 8.27 billion in December

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

The total number of mortgages granted to the public reached NIS 8.27 billion in December 2020, an increase of 16% compared to the previous month and a similar increase compared to December of the...

The Ministry of Health recommends Netanyahu to extend the Corona closure

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

The Ministry of Health recommended on Monday evening in a consultation held with Prime Minister Benjamin Netanyahu to extend the Corona closure, which is due to end this coming Sunday at midnight...

El Al is extending the company's unpaid leave until the end of February

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

El Al is extending the company's unpaid leave until the end of February 2021. The reason: the government's decision to close Ben-Gurion Airport until the beginning of next week, in order...

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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 →


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