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Excellence Investment House aquired mutual fund company Alumot
Posted on Jan 10, 2020 by Ifi Reporter
The Excellence Investment House, managed by Hannah Hollander, is expanding: The company has today signed an agreement to acquire the mutual fund company "Alumot". Total assets managed -...
The Bank of Israel interest rate remains at 0.25%
Posted on Jan 9, 2020 by Ifi Reporter
The Bank of Israel interest rate remains at 0.25% - the Bank of Israel announced. This is in line with economists' estimates.
While in recent months market estimates have expected the...
]Hapoalim Bank approved: voluntary retirement plan of 900 of the bank's employees
Posted on Jan 8, 2020 by Ifi Reporter
The Board of Directors of Bank Hapoalim approved a huge voluntary retirement plan of 900 of the bank's employees on Wednesday. Under the plan, employees who choose to retire will do so by...
SAP is hiring about 100 Big Data experts, software engineers, and team leaders in Israe
Posted on Jan 7, 2020 by Ifi Reporter
SAP has announced a significant hiring surge of about 100 Big Data experts, software engineers, and team leaders over the coming period. Gigya, which was acquired by SAP in 2017, is primarily...
Teva will pay $ 54 million to settle claims it bribed doctors
Posted on Jan 6, 2020 by Ifi Reporter
Israeli "Teva" pharmaceutical company will pay $ 54 million to settle claims that the company bribed doctors to prescribe copaxone drugs for the treatment of multiple sclerosis and...
Israeli marketing company Tremor has agreed to acquire the video company Unruly from News Corp
Posted on Jan 6, 2020 by Ifi Reporter
Israeli marketing company Tremor International has announced that it has agreed to acquire the video company Unruly from News Corp. in an attempt to thwart its video services by logging in to the...
The highest number of visitor arrivals was from the US- more than a million
Posted on Jan 6, 2020 by Ifi Reporter
Half of the 4.3 million Israelis going abroad in 2019 have flown more than once, according to CBS data for the peak year in Israeli tourism. In total, there has been an 8% increase in Israeli...
P.M Netanyahu decided to appoint MK David Bittan to Minister of Agriculture
Posted on Jan 5, 2020 by Ifi Reporter
Prime Minister Benjamin Netanyahu decided to appoint Deputy Minister Tzipi Hotobli to the Diaspora Minister, Minister Yifat Shaasha Biton minister for Welfare Minister and Labor Deputy...
The average wage in October: NIS 10,501 - an increase of 2.1%
Posted on Jan 5, 2020 by Ifi Reporter
The average wage in October 2019 was NIS 10,501 - an increase of 2.1% compared to October last year. The Central Bureau of Statistics (CBS) released this on Sunday. Excluding the price index (ie,...
The Free Trade Area Agreement between Israel and Panama is in effect
Posted on Jan 5, 2020 by Ifi Reporter
The Free Trade Area Agreement between the State of Israel and the Republic of Panama comes into effect this weekend in early 2020. The agreement was signed by Minister of Economy and Industry, Mr....
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