News

Elbit and Ruag will establish a joint venture to serve the Swiss army

Posted on Nov 15, 2018 by Ifi Reporter

Elbit signed a memorandum of understanding with the Swiss company Ruag for the establishment of a joint venture. The project will be established in Switzerland, will be controlled by Elbit...

Magal third quarter revenues jumped by 75% to $ 23.9 million

Posted on Nov 15, 2018 by Ifi Reporter

Magal published its financial results for the three and nine months ended September 30, 2018. Magal reports: • A 75% increase in third quarter revenues compared to last year to $ 23.9...

El Al executives were questioned on suspicion of price fixing and the use of insider information

Posted on Nov 14, 2018 by Ifi Reporter

El Al executives were questioned yesterday by the Israel Securities Authority on suspicion of price fixing and the use of insider information. Last night, El Al announced that ISA investigators...

Bank Leumi 3rd Q net profit NIS 936 million - 14% growth

Posted on Nov 13, 2018 by Ifi Reporter

Bank Leumi ended the third quarter of 2018 with a positive 14% growth in net profit, which stood at NIS 936 million, reflecting a quarterly return on equity of 11.2%, compared with 10.3% in the...

Matrix 3rd Q net profit: NIS 31 million - 9% decrease

Posted on Nov 13, 2018 by Ifi Reporter

Matrix published its financial results for the third quarter of the year, showing a 9% decrease in net profit, which amounted to NIS 31 million, compared to NIS 34 million in the corresponding...

A national program is needed to solve the problem of Internet addresses in Israel

Posted on Nov 10, 2018 by Ifi Reporter

Uri Maklev, Chairman of the Science and Technology Committee of the Kneset held a discussion on the State of Israel's preparations for implementing the IPV6 protocol. He said that the...

Partner raises prices for its discounted brand 012 Mobil

Posted on Nov 7, 2018 by Ifi Reporter

Partner raises prices for its discounted brand 012 Mobil. The company has recently begun to inform marketers that this week prices are rising by NIS 10 per package, which has so far cost NIS 29....

Moovit announced collaboration with the Microsoft cloud service Azure

Posted on Nov 6, 2018 by Ifi Reporter

The Israeli company Moovit announced a new collaboration with the Microsoft cloud service Azure - which will provide the American company with the public transport interface for its new mapping...

Yulia Shamalov-Berkovich term as chairman of the Second Authority will not be extended

Posted on Nov 6, 2018 by Ifi Reporter

Minister of Communications Ayoub Kara decided not to extend the term of Yulia Shamalov-Berkovich as chairman of the Second Authority, after only a few weeks ago he appointed her for another four...

Israel will participate in the 2018 World Series of Electronic Sports

Posted on Nov 5, 2018 by Ifi Reporter

At the end of the week, the 2018 World Series of Electronic Sports will be launched, with 42 countries competing in the most popular gaming titles in the world. This year, too, the Israeli team...

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Newsline

Veteran Israeli information security company Siren is laying off all 121 of its employees

Feb 2, 2023 by Ifi Reporter

The veteran Israeli information security company Siren (formerly Comtouch) is laying off all 121 of its employees. The company, which was caught in a liquidity crisis, announced today (Wednesday) that it is considering closing its operations. In Israel the company employs about 50 people. In... Continue reading →

Histadrut officially resumed negotiations on a new wage agreement with the government

Jan 29, 2023 by Ifi Reporter

Seven months after the discussions on a new wage agreement in the economy for the public sector were halted due to the fall of the government and the dissolution of the Knesset, the heads of the Ministry of Finance and the Histadrut officially resumed negotiations. An increase of 2.5% every... Continue reading →

The venture capital funds Disruptive and Disruptive intend to withdraw their funds from Israel

Jan 27, 2023 by Ifi Reporter

The venture capital funds Disruptive and Disruptive AI of Tal Baranach have informed their investors of their intention to withdraw the fund's funds from Israel and transfer them abroad. The funds together manage 250 million dollars. In doing so, they join the announcement made this morning... Continue reading →


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