News

Over the past 8 years the number of credit cards held by a customer in a bank account increased by 38%

Posted on Jan 27, 2020 by Ifi Reporter

Over the course of 8 years, the number of credit cards held by a customer in a bank account has increased by about 38%. This is according to a semi-annual report published by the Bank of Israel....

Satisfaction of small business owners: Mizrahi Tefahot Bank is the leading bank

Posted on Jan 26, 2020 by Ifi Reporter

Mizrahi Tefahot Bank is the leading bank among the five largest banks in Israel in the satisfaction of small and self-employed business owners. Following in the ranking is the International Bank....

officially signed: an agreement to privatize Haifa Port

Posted on Jan 26, 2020 by Ifi Reporter

Representatives of the State, the Histadrut and the workers' committees at Haifa Port have officially signed the agreement to privatize Haifa Port. The agreement completes the move approved by...

mega Or is expected to purchase Ispro for NIS 855 million

Posted on Jan 26, 2020 by Ifi Reporter

Real estate mega Or company, controlled by Tzachi Nahmias, is expected to sign the acquisition of the mall company "Ispro", controlled by Eduardo Elstein's IDB (Discount Investment)...

Haifa Court imposed a site for the dumping of Kibbutz Evron a financial fine of NIS 600,000

Posted on Jan 24, 2020 by Ifi Reporter

Ten years after causing environmental damage and violating the terms of a business license, the Haifa Magistrate's Court imposed a site for the dumping of Kibbutz Evron a financial fine of NIS...

Bank Leumi reported that it successfully completed a $ 750 million overseas bond issue

Posted on Jan 24, 2020 by Ifi Reporter

Bank Leumi has taken advantage of the positive momentum in world markets, and reported that it successfully completed a $ 750 million overseas bond issued. The move was made by issuing a deferred...

Kaltura Acquires the Israeli startup Newrow to Deliver New Meeting Experiences

Posted on Jan 22, 2020 by Ifi Reporter

Kaltura , the leading video cloud, announced today it has acquired video conferencing and collaboration platform Newrow, for an undisclosed amount. Through this acquisition, Kaltura expands its...

ServiceNow has signed an agreement to acquire Israeli Loom Systems

Posted on Jan 22, 2020 by Ifi Reporter

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Shafir Engineering and Oryan will operate supply centers for the IDF

Posted on Jan 22, 2020 by Ifi Reporter

Report on the acquisition of Shafir Engineering and Oryan companies in the planning, construction and operation of NIS 5.5 billion supply centers for the IDF, sent their shares to sharp increases...

The debt of NIS 920 million was transferred to the electricity company from the East Jerusalem Electric Company

Posted on Jan 22, 2020 by Ifi Reporter

NIS 920 million was transferred to the electricity company from the East Jerusalem Electric Company (IEC). As a result of the transfer, the electricity company will discontinue its daily...

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Bezeq Gen Signs $1.2 Billion Agreement with Prime Energy: Long-Term Deal to Supply Electricity from Storage and Solar Facilities

Nov 3, 2024 by Ifi Reporter

Bezeq Gen, the private electricity supplier owned by Bezeq and Power Gen, has signed a significant agreement with Prime Energy, controlled by Yaron Kikoz and Hav AL. The deal, valued at approximately NIS 1.2 to 1.3 billion, will span 20 years and involves the purchase of electricity from Prime... Continue reading →

Teva Pharmaceutical Fined €463 Million by EU for Market Manipulation: Company Accused of Delaying Generic Competition for Copaxone

Nov 1, 2024 by Ifi Reporter

The European Union's competition authority has imposed a hefty fine of €463 million ($503 million) on Teva Pharmaceuticals. The decision comes after findings that Teva exploited its dominant position in the European multiple sclerosis drug market to delay the introduction... Continue reading →

Israeli lecturer Prof. Shay Davidei from Columbia University has been temporarily banned from campus

Oct 16, 2024 by Ifi Reporter

Israeli lecturer Prof. Shay Davidei, from Columbia University's School of Business Administration, has been temporarily banned from campus following harassment accusations. This comes amidst his vocal opposition to pro-Palestinian demonstrations at... Continue reading →


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