News

Israel Aerospace Industries Reports Record Profits and Growth in First Half of 2024

Posted on Aug 14, 2024 by Ifi Reporter - Dan Bielski

In the first half of 2024, IAI achieved a net profit of $294 million, a 78% increase from the $165 million reported in the same period last year, making it the most profitable half-year in the...

Bank Leumi Reports NIS 2.2 Billion Profit for Q2 2024 Despite Setbacks from National Valley Investment

Posted on Aug 14, 2024 by Ifi Reporter - Dan Bielski

Bank Leumi’s attributed equity increased by 12.9%, reaching NIS 58.4 billion at the end of Q2 2024, compared to NIS 51.8 billion in the same period last year. The bank's...

Canadian company Element Fleet purchased the Israeli Autofleet for approximately 110 million

Posted on Aug 13, 2024 by Ifi Reporter - Dan Bielski

The Canadian company Element Fleet, traded on the Toronto Stock Exchange, purchased the Israeli company Autofleet for approximately 110 million dollars. Element Fleet is the world's...

60-Year-Old Israeli Man Seriously Injured in Qalqilya Shooting - Terrorist Killed During Pursuit

Posted on Aug 12, 2024 by Ifi Reporter - Dan Bielski

A 60-year-old Israeli man was seriously injured in a shooting attack near a garage in Qalqilya on Monday. The man, who was initially treated at the Dervish Nazal Medical Center in the city, was...

willi-food concludes a quarter with a strong improvement in profitability

Posted on Aug 11, 2024 by Ifi Reporter - Dan Bielski

willi-food concludes a quarter with a strong improvement in profitability - thanks, among other things, to the decrease in the cost of importing products (which did not lead to a reduction in...

Wix Reports Strong Q2 Performance with Increased Revenue and User Growth

Posted on Aug 8, 2024 by Ifi Reporter - Dan Bielski

IAI's Aviation Division has won three tenders, totaling about $ 50 million, in the field of aircraft improvements in South Korea. Winning tenders over the past year includes improving systems...

Network 13 News Company Reaches Agreement with Employees - Plans to Appoint New CEO

Posted on Aug 8, 2024 by Ifi Reporter - Dan Bielski

The Network 13 News Company management has signed a cooperative agreement with its employees, which stipulates that pending approval by the board of directors, the company will appoint a new CEO...

Knesset State Audit Committee Reviews High Costs of PM Netanyahu's USA Flight

Posted on Aug 7, 2024 by Ifi Reporter - Dan Bielski

During a discussion held by the Knesset State Audit Committee regarding the State Comptroller's report on the purchase of the "Kenaf Zion" plane, it was revealed that the cost of...

Israel Announces Emergency Measures to Bring Stranded Citizens Home Amid Threats

Posted on Aug 4, 2024 by Ifi Reporter - Dan Bielski

In response to the ongoing crisis of flight cancellations to Israel due to threats from Iran, Hezbollah, and other terrorist organizations, Transportation Minister Miri Regev...

Delta and United Airlines canceled their flights to Israel

Posted on Jul 31, 2024 by Ifi Reporter - Dan Bielski

Due to escalating security tensions, American Airlines Delta and United Airlines announced this evening (Wednesday) the cancellation of their flights to Israel. Delta has canceled...

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