News

"Controversial Budget Cuts Spark Outrage as Finance Committee Allocates NIS 478 Million to Ultra-Orthodox Sector and Settlement Education"

Posted on Sep 12, 2023 by Ifi Reporter

Finance Committee has given the green light to significant budget cuts affecting various ministries to facilitate a transfer of NIS 478 million towards the ultra-Orthodox sector and settlement...

three million private sector employees are set to receive increased recovery fees

Posted on Sep 11, 2023 by Ifi Reporter

Approximately three million private sector employees in the country are set to receive increased recovery fees, including retroactive payments dating back to the start of 2023. This momentous...

Cellcom Expands Fiber Optic Network to Eilat, Establishing Key International Connection

Posted on Sep 10, 2023 by Ifi Reporter

Cellcom has announced the expansion of its fiber optic network into the southern region, extending all the way to Eilat. This ambitious endeavor promises to connect the East to Europe in the...

Netanyahu and Bank of Israel Governor Discuss Future Term: "After high holidays"

Posted on Sep 10, 2023 by Ifi Reporter

Israeli Prime Minister Benjamin Netanyahu held a crucial meeting on Sunday with the Governor of the Bank of Israel, Prof. Amir Yaron, to discuss the possibility of extending Yaron's term,...

Right-Wing Protest in Jerusalem Challenges High Court Ahead of Key Hearing

Posted on Sep 7, 2023 by Ifi Reporter

Thousands gathered for a "Freedom Demonstration" in Jerusalem on Thursday evening, protesting against the pending High Court hearing regarding petitions against a controversial law...

Tenable has officially announced the purchase of the Israeli cloud protection company Ermetic for $265 million

Posted on Sep 7, 2023 by Ifi Reporter

Tenable has officially announced the purchase of the Israeli cloud protection company Ermetic for $265 million, which includes $240 million in cash and $25 million in shares. The closing is...

Check Point has announced its acquisition of Israeli start-up Atmosec

Posted on Sep 6, 2023 by Ifi Reporter

Leading cybersecurity firm Check Point has recently announced its acquisition of Israeli start-up Atmosec in a deal of undisclosed value, speculated to be in the millions. Atmosec, a budding...

cyber attack on Ma'aini Hishu'a hospital: Hackers had published the information they stole

Posted on Sep 6, 2023 by Ifi Reporter

About a month after the cyber attack on Ma'aini Hishu'a hospital, the hackers behind the attack announced that they had published the information they stole. During the past few weeks,...

Israeli fintech company ThetaRay raised $57 million

Posted on Sep 6, 2023 by Ifi Reporter

The Israeli fintech company ThetaRay raised $57 million led by the Portage Fund and with the participation of the JVP Fund, the company's largest shareholder, and other investors. The company...

Israeli hoteliers are making unprecedented price cuts during the typically lucrative Tishrei holiday season

Posted on Sep 5, 2023 by Ifi Reporter

Israeli hoteliers are making unprecedented price cuts during the typically lucrative Tishrei holiday season, which includes Rosh Hashanah and Sukkot. The move comes in response to a dismal summer...
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Newsline

Netflix Collaborates with Wooga to Launch Mystery Game "Ghost Detective"

Sep 26, 2023 by Ifi Reporter

Netflix has joined forces with Wooga, a renowned Israeli game company under the Playtica umbrella, to introduce "Ghost Detective," an immersive mystery and detective game. This unique partnership brings the game directly to the screens of Netflix subscribers as part of the expanding... Continue reading →

Big Shopping Centers Acquires Seven-Star House in Herzliya for NIS 225 Million

Sep 26, 2023 by Ifi Reporter

Big Shopping Centers has purchased the esteemed Seven-Star House in Herzliya from Beit HaZhav for a sum of NIS 225 million, reflecting the net value of the property on the company's books as of the conclusion of 2022. The acquisition, disclosed by Beit HaZhav today, marks a strategic move... Continue reading →

Tralight Leading Renewable Energy Company Announces Major Milestone in Canadian Operations

Sep 22, 2023 by Ifi Reporter

Tralight, a prominent player in the field, has taken a significant step forward in its Canadian operations. The company has officially confirmed the signing of a memorandum of understanding (MOU), subject to a binding agreement, for the sale of electricity worth approximately NIS 800 million.... Continue reading →


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