News

credit card company Max has fired 50 of the company's 1,500 employees

Posted on May 21, 2020 by Ifi Reporter - Dan Bielski

The economic crisis also reaches credit card company Max: The company, which, controlled by the Warburg Pincus Investment Fund, has fired 50 of the company's 1,500 employees in the last few...

The Jerusalem District Court ejected Netanyahu's request to be absent from the reading hearing of his inditment

Posted on May 20, 2020 by Ifi Reporter - Dan Bielski

The Jerusalem District Court on Wednesday rejected Prime Minister Netanyahu's request to be absent from the reading hearing of his trial this Sunday, ordering him to appear as required....

Israeli cyber security company Aqua Security raised $ 30 million in a fourth round of funding

Posted on May 20, 2020 by Ifi Reporter - Dan Bielski

Israeli cyber security company Aqua Security raised $ 30 million in a fourth round of funding for Greenspring Associates and with Aqua's existing investors - Insight Partners, Lightspeed...

US industrial giant Masco Corporation has acquired Israeli start-up SmarTap

Posted on May 20, 2020 by Ifi Reporter - Dan Bielski

US industrial giant Masco Corporation has acquired Israeli start-up SmarTap, which has developed a system that makes the shower smart and allows it to be controlled remotely. The exact transaction...

Approved: the removal of masks in classrooms and public spaces until the weekend. due to heat wave

Posted on May 19, 2020 by Ifi Reporter - Dan Bielski

Incoming Health Minister Yuli Edelstein (Tuesday) approved the removal of masks in classrooms and public spaces until the weekend, following the incident. This follows the request of the Ministry...

Kamada Company managed by Amir London earned $ 5.2 million in the first quarter

Posted on May 18, 2020 by Ifi Reporter - Dan Bielski

Kamada Company managed by Amir London earned $ 5.2 million in the first quarter of 2020, a 6% increase over the same quarter in 2019. The company's revenues from manufacturing and marketing...

he Farmers' Natural Insurance Fund: The heat load caused damage of more than NIS 30 million

Posted on May 17, 2020 by Ifi Reporter - Dan Bielski

The heat load that Israel is currently experiencing is causing damage to farmers. This is a heavy to extreme heat load and temperatures of more than 38 degrees in different areas of Israel....

Bank Leumi issued a profit warning for the first quarter

Posted on May 17, 2020 by Ifi Reporter - Dan Bielski

Bank Leumi issued a profit warning for the first quarter of this year. According to the Bank's announcement that, under the management of Hanan Friedman, the crisis in the capital markets in...

construction died in Tel Aviv - the 10th since the begining of the year

Posted on May 17, 2020 by Ifi Reporter - Dan Bielski

Another, 10th in number, was added to the list of construction fatalities this morning since the beginning of the year. Around 10:30 am, a report was received by MDA about a worker who was injured...

Restaurants might be opening next week and Hotels next month

Posted on May 17, 2020 by Ifi Reporter - Dan Bielski

It appears that restaurants will be opening next week. The Ministry of Health agreed to open the restaurants a fortnight ago, instead of the original date set in the outline - June 14. At a...

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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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