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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The "Vita Fruit HaGalil" factory in Hazor HaGalil is facing imminent closure

May 7, 2024 by Ifi Reporter

The "Vita Fruit HaGalil" factory in Hazor HaGalil is facing imminent closure, dealing a blow to the northern region's economy. Despite efforts by the Economic Committee and the Histadrut to salvage the factory, it has seen layoffs and dwindling production, primarily focusing on... Continue reading →

An Israeli-Jewish businessman was murdered in Egypt

May 7, 2024 by Ifi Reporter

Egypt reported this evening (Tuesday) about an Israeli-Jewish businessman who was apparently murdered in the city of Alexandria in the north of the country. According to the reports in the local media, the murdered man's name is Ziv Kiefer. At the moment, it is not clear if the background... Continue reading →

Cybersecurity Giant Cyber Wiz Raises Record-Breaking $1 Billion in Funding

May 7, 2024 by Ifi Reporter

Cybersecurity firm Cyber Wiz (WIZ) has made headlines with its recent fundraising round, securing an impressive $1 billion at a valuation of $12 billion. The fundraising effort included a secondary component of tens of millions of dollars, led by prominent American investment funds Andreesen... Continue reading →


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