News

Golf's third Quarter revenues: NIS 236 million

Posted on Nov 25, 2019 by Ifi Reporter

Golf's financial statements release a disappointing third quarter that indicates the instability suffered by the fashion company, which has been controlled by Clal Industries for a long time....

Israeli cyber startup ​"​Perimeter 81" has raised $ 10 million

Posted on Nov 23, 2019 by Ifi Reporter

Cyber ​​Perimeter 81, which develops Network as a Service (NaaS) platform for secure access to enterprise applications and resources in the cloud and on local networks, has raised $ 10 million...

The Histadrut and OPC Energy have signed a collective agreement

Posted on Nov 23, 2019 by Ifi Reporter

The Histadrut and OPC Energy have signed a collective agreement that will apply to dozens of the company's power plant, located in the Rotem Plain near Dimona. This is the second renewal...

Blue and White: Netanyahu must resign from a number of ministerial positions he holds

Posted on Nov 22, 2019 by Ifi Reporter

Following the announcement by the Chief prosecutre and legal advisor of the government Avichai Mandelblit yesterday regarding his decision to file 3 indictments, Prime Minister Benjamin Netanyahu...

Electra Real Estate earned in the 3rd quarter t NIS 23.4 million, aout 146% increase

Posted on Nov 21, 2019 by Ifi Reporter

Electra Real Estate released its third-quarter results with a fall in revenue and an increase in net income. Electra Real Estate's revenue in the third quarter of 2019 fell by about 30% to...

Israel Electric Company finished 3rd Q with net profit of NIS 1.26 billion

Posted on Nov 21, 2019 by Ifi Reporter

The electric company completed the third quarter of 2019 with a net profit of NIS 1.26 billion. This is apparently a sharp 64% drop in net profit compared to the same quarter last year, which was...

Isracard's profit in the third quarter fell by about 10% to NIS 83 million

Posted on Nov 20, 2019 by Ifi Reporter

Isracard's profit in the third quarter fell by about 10% to NIS 83 million (compared with the same quarter), despite 9% growth in the transaction volume to NIS 44.7 billion. Revenue for the...

The BuiltUp Ventures investment fund will focus on investments in a variety of real estate technologies

Posted on Nov 20, 2019 by Ifi Reporter

The BuiltUp Ventures investment fund will focus on investments in a variety of real estate technologies, connecting startup entrepreneurs to New York’s Jewish Orthodox community, which has...

Kape's cyber software company, controlled by Teddy Sagi acquires American LTMI for $ 127.6 million

Posted on Nov 19, 2019 by Ifi Reporter

Kape's cyber software company, controlled by Teddy Sagi, acquires American LTMI, which owns Private Internet Access, for a total of $ 127.6 million. As part of the deal, Kape will pay $ 95.5...

Malam Team's net profit jumped 430% to NIS 51.2 million

Posted on Nov 19, 2019 by Ifi Reporter

Malam Team engaged in marketing maintenance and computer services, and software delivery reported a 19% increase in revenue, improved profitability and doubled its net profit in the third quarter...

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NVIDIA has announced the acquisition of Israeli startup Run:ai - will pay approximately $600 million

Apr 24, 2024 by Ifi Reporter

In a strategic move to bolster its artificial intelligence (AI) capabilities, technology giant NVIDIA has announced the acquisition of Israeli startup Run:ai. While the exact amount of the transaction remains undisclosed, sources familiar with the matter suggest that NVIDIA will pay... Continue reading →

House of Representatives voted in favor of the military aid package to Israel

Apr 20, 2024 by Ifi Reporter

The American House of Representatives voted this evening (Saturday) in favor of transferring the military aid package to Israel, Ukraine and Taiwan, worth 95 billion dollars. Israel's share of the aid package is expected to reach $14 billion, which will be used, among other things, to renew... Continue reading →

United Airlines Cancels Flights to Israel Until May 2 Amid Security Concerns

Apr 19, 2024 by Ifi Reporter

In response to ongoing security concerns, United Airlines has announced the cancellation of its daily flight from Newark to Tel Aviv until May 2. The decision reflects the airline's commitment to prioritizing the safety of its passengers and staff amidst the uncertain security situation.... Continue reading →


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