News

The Ministry of Finance: the government deficit and its financing for January-February 2020 - a deficit of 3.2%

Posted on Mar 5, 2020 by Ifi Reporter

The Ministry of Finance reports today an initial estimate of the budget, the government deficit and its financing for January-February 2020, which indicates that there has been a decline in the...

Israeli startup Hailo announced the completion of $ 60 million in fundraising

Posted on Mar 5, 2020 by Ifi Reporter

Israeli startup Hailo, which develops artificial intelligence processors for end devices, announced the completion of $ 60 million in fundraising. Raising brings the total capital raised to $ 88...

Israeli Melanox acquires Titan which develops network intelligence and security technologies

Posted on Mar 4, 2020 by Ifi Reporter

Melanox, which provides connectivity solutions for data center servers and storage systems, has signed a definitive agreement to acquire private company Titan - which develops network intelligence...

merger deal between the two manufacturers of valves in a deal estimated at $ 100 million

Posted on Mar 3, 2020 by Ifi Reporter

The merger deal between the two manufacturers of valves (fluid flow regulator valves) - Dorot Company of command and control bodies, from Kibbutz Dorot in the Negev, and ARI Fluid Transmission,...

The Ministry of Communications imposes financial sanctions of NIS 1.1 million on Internet providers

Posted on Mar 3, 2020 by Ifi Reporter

The Ministry of Communications has decided to impose financial sanctions of NIS 1.1 million on Internet providers who do not offer website filtering services and offensive content on the network,...

Credit card company Isracard sums up 2019 with a net profit of NIS 296 million

Posted on Mar 3, 2020 by Ifi Reporter

Credit card company Isracard sums up 2019 with a net profit (excluding a separation grant) of NIS 296 million - a decrease of 7% compared to 2018. Net profit in the fourth quarter of 2019 amounted...

Yair Avidan will be appointed to the Supervisor of Banks

Posted on Mar 3, 2020 by Ifi Reporter

The Governor of the Bank of Israel, Prof. Amir Yaron, announced his decision to appoint Yair Avidan as Supervisor of Banks. Avidan will take office on April 16, with the termination of outgoing...

shopping on election day: Israelis spent over NIS 630 million between 9:00 and 16:00

Posted on Mar 3, 2020 by Ifi Reporter

Many Israelis took advantage of the Sabbath day to shop at various malls and shops. More than 2.6 million credit transactions were carried out, in the amount of over NIS 630 million, between 9:00...

A special ministerial committee will examine the economic aspects of the Corona virus outbreak

Posted on Mar 1, 2020 by Ifi Reporter

A special ministerial committee to examine the economic aspects of the Corona virus outbreak decided to set up a staff at the Ministry of Finance to examine the relevant economic and economic...

Yair Netanyahu will have to pay a quarter of a million shekels to former Walla editor

Posted on Mar 1, 2020 by Ifi Reporter

Yair Netanyahu will have to pay a quarter of a million shekels to former Walla editor Avi Alkalay, according to the Tel Aviv District Court. Alkalai filed a libel suit against Netanyahu, the son,...

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Newsline

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 →

United Airlines Cancels Flights to Israel Until May 2 Amid Security Concerns

Apr 19, 2024 by Ifi Reporter

In response to ongoing security concerns, United Airlines has announced the cancellation of its daily flight from Newark to Tel Aviv until May 2. The decision reflects the airline's commitment to prioritizing the safety of its passengers and staff amidst the uncertain security situation.... Continue reading →


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