News

Elbit's profit in 2017: $ 239 million

Elbit's profit in 2017: $ 239 million

Posted on Mar 20, 2018 by Ifi Reporter

Elbit Systems' revenues in 2017 amounted to $ 3.4 billion, an increase of 3.6% compared to 2016. This was due to an improvement in sales of land systems, mainly as a result of the increase in...

Malam-Team earned NIS 18.83 million in the 4th Q of 2017

Posted on Mar 18, 2018 by Ifi Reporter

Malam-Team earned NIS 18.83 million in the fourth quarter of last year. This is an 18.3% increase over the same period last year. Net profit in all 2017 amounted to about 65 million shekels....

Strauss increased it's profit in the fourth quarter by 10.2%

Posted on Mar 14, 2018 by Ifi Reporter

Strauss increased it's profit in the fourth quarter by 10.2% compared to the corresponding period last year, and they amounted to two billion and one hundred and fifty million shekels....
The Knesset hosted the annual competition for young scientists and developers

The Knesset hosted the annual competition for young scientists and developers

Posted on Mar 13, 2018 by Ifi Reporter

The Knesset Science and Technology Committee hosted the final stage of the annual competition for young scientists and developers in Israel. The "Young Scientists and Developers in...

the Israeli Military Industry will be sold to Elbit systems for NIS 1.8 billion

Posted on Mar 11, 2018 by Ifi Reporter

The Ministry of Finance has completed negotiations on the sale of the military industry, also known as IMI, to Elbit Systems, owned by businessman Mickey Federman, for NIS 1.8 billion In his...
New Galaxy 9 smartphones will be sold in Israel next week

New Galaxy 9 smartphones will be sold in Israel next week

Posted on Mar 11, 2018 by Ifi Reporter

Samsung Electronics Israel officially launched its flagship series, Samsung Galaxy S9 and 9 Plus models in Israel, and their sale will start on Sunday next week. The new models, which come in...

Hong Kong investment bank Ion Pacific has opened an office in Israel

Posted on Mar 7, 2018 by Ifi Reporter

Hong Kong investment bank Ion Pacific has opened an office in Israel to expand its activity in the local market. The activity will be managed by Eran Zack, former head of investment banking at...
he Secretary-General of ITU  congratulated Israel on the successful implementation of 3G cellular phones in the Palestinian Authority

he Secretary-General of ITU congratulated Israel on the successful implementation of 3G cellular phones in the Palestinian Authority

Posted on Mar 6, 2018 by Ifi Reporter

The Secretary-General of the International Telecommunication Union (ITU), Houlin Zhao, visited Israel as a guest of Minister of Communications Ayoub Kara.The Secretary-General also visited the...
New border terminal with Jordan planed at the Jordan River

New border terminal with Jordan planed at the Jordan River

Posted on Mar 6, 2018 by Ifi Reporter

AB Planners Group plans the new border terminal at the Jordan River site in the Spring Valley. The project, which includes a container mirrored facility, a manual inspection structure, customs...

Bank Leumi earned 2017: 3.2 billion Nis

Posted on Mar 6, 2018 by Ifi Reporter

The two banks, Bank Leumi and the International Bank published their business results, which show that the two banks made record profits. Bank Leumi earned NIS 3.2 billion last year. This is a 14%...

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Newsline

Clal Holdings' board of directors approved the purchase of the Max credit card for NIS 2.47 billion

Aug 11, 2022 by Ifi Reporter

After endless postponements, struggles, and threats - Clal Holdings' board of directors today (Thursday) approved the purchase of the Max credit card company by Clal Insurance, in a deal worth NIS 2.47 billion. Now all that remains is to sign the paperwork. The board of Clal Holdings... Continue reading →

Cal credit card company posted a profit of NIS 81 million in the second quarter of 2022

Aug 11, 2022 by Ifi Reporter

The Cal credit card company published the financial reports for the second quarter of the year. Cal, managed by Levy Halevi, posted a profit of NIS 81 million in the second quarter and a profit of NIS 161 million in the first half, an increase of about 15%. At the end of the second quarter... Continue reading →

Bank of Israel fears the increase in current account fees - and is trying to preempt a remedy

Aug 9, 2022 by Ifi Reporter

The Bank of Israel fears the increase in current account fees - and is trying to preempt a remedy for the blow: the Banking Supervision Department has published for public comment a draft of a supervisory order on basic current account fees with the aim of freezing the existing price level. Now... Continue reading →


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