News

Amdocs posted quarterly earnings of $ 1.23 per share - 4 cents higher than analysts expectations

Posted on Nov 11, 2020 by Ifi Reporter - Dan Bielski

Yesterday, after the close of trading in New York, Amdocs published the fourth fiscal quarter reports for 2020, in which it presented an increase in revenues and profit that exceeded market...

Hapoalim and Leumi banks will cut by 45% the credit frame of it's custommers due to the Coroona crisis

Posted on Nov 10, 2020 by Ifi Reporter - Dan Bielski

Now it's official: the outline for credit card cuts for Bank Hapoalim and Leumi customers has been updated, and softens a bit. The Economics Committee approved the new outline of the Ministry...

The rate of job seekers in Eilat exceeding 40%

Posted on Nov 10, 2020 by Ifi Reporter - Dan Bielski

About 2,000 families in Eilat Both spouses were unemployed at the end of October. This is an increase of 26% compared to September and 85% compared to August, when there were only 1,080 families...

The Israel Infrastructure Fund purchased 44% of Pango at a value of NIS 550 million

Posted on Nov 9, 2020 by Ifi Reporter - Dan Bielski

The Israel Infrastructure Fund, managed by Yaron Kastenbaum, together with Harel Insurance, purchased 44% of Pango at a value of NIS 550 million. The deal was completed a few days ago. 5711 bought...

Ministry of Health updates: Denmark will be considered a red state and China - green

Posted on Nov 9, 2020 by Ifi Reporter - Dan Bielski

The Ministry of Health updates the list of green and red countries. From today, Denmark will be considered a red state, and the list of the Ministry of Health further states that those entering...

Court ordered the dissolution of the fashion company Forever 21 in Israel

Posted on Nov 9, 2020 by Ifi Reporter - Dan Bielski

The enormous debts of one of the most well-known fashion chains operating in Israel are revealed: The Tel Aviv District Court ordered the dissolution of the fashion company Forever 21, which has...

The Deputy Director General of the Ministry of Health, Prof. Itamar Grotto leaves the office

Posted on Nov 9, 2020 by Ifi Reporter - Dan Bielski

The Deputy Director General of the Ministry of Health, Prof. Itamar Grotto, announced today to the Minister of Health, Yuli Edelstein, and to the Director General, Prof. Hezi Levy, his intention...

The conference call company at Video Zoom opened a local representative office in Israel

Posted on Nov 8, 2020 by Ifi Reporter - Dan Bielski

The conference call company at Video Zoom opened a local representative office in Israel a few months ago, and recruited a number of local employees. The launch of the new local representative...

Devices for rapid detection of the corona virus will be installed in dozens of vital industrial plants

Posted on Nov 8, 2020 by Ifi Reporter - Dan Bielski

Devices for rapid detection of the corona virus will be installed as early as this week at the gates of dozens of vital industrial plants across the country. Tests conducted at factories show...

The 10D venture capital fund, led by Yahel Zilka raised over $ 110 million

Posted on Nov 7, 2020 by Ifi Reporter - Dan Bielski

The 10D venture capital fund, led by Yahel Zilka, Ratam Eldar and Itai Rand, announced the raising of a fund of over $ 110 million. The fund, which has so far operated under the name of Horizon...

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Newsline

El Al Appoints Levi Halevi as New CEO; CFO Yaakov Shahar to Retire

Sep 20, 2026 by Ifi Reporter - Dan Bielski

El Al Israel Airlines announced a major leadership transition this afternoon, with the appointment of Levi Halevi as the airline’s new Chief Executive Officer . The decision was made by El Al’s Board of Directors , following the recommendation of a search committee... Continue reading →

IAI to Award Bonuses to 14,000 Employees After Record Profits

Mar 18, 2026 by Ifi Reporter - Dan Bielski

Israel Aerospace Industries (IAI) will grant bonuses to approximately 14,000 employees following a year of record financial performance, the company announced after reaching an agreement with workers’ representatives. Each employee will receive a flat bonus of NIS 6,555 in... Continue reading →

IAI to Award Bonuses to 14,000 Employees After Record Profits

Mar 18, 2026 by Ifi Reporter - Dan Bielski

Israel Aerospace Industries (IAI) will grant bonuses to approximately 14,000 employees following a year of record financial performance, the company announced after reaching an agreement with workers’ representatives. Each employee will receive a flat bonus of NIS 6,555 in... Continue reading →


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