News
Foreign exchange reserves amounted to $ 119,473 million at Sep 2019
Posted on Oct 9, 2019 by Ifi Reporter
Foreign exchange reserves amounted to $ 119,473 million at the end of September 2019, a decrease of $ 339 million from the end of the previous month. The balances account for 31.8 percent of gross...
Bank Hapoalim's consumer confidence index supports the continued expansion of private consumption
Posted on Oct 9, 2019 by Ifi Reporter
Bank Hapoalim's consumer confidence index dropped slightly in September, but its level remains high relative to the past. The drop in confidence
Consumers are in line with the trend of...
The Bank of Israel left the interest rate unchanged at 0.25%
Posted on Oct 8, 2019 by Ifi Reporter
The Bank of Israel today left the interest rate unchanged at 0.25%, paving the ground for further interest rate cuts, with Governor Yaron seeing the possibility of a 2020 interest rate cut to...
Trading week in Tel Aviv will open in a positive note due to the close past weekend on Wall Street
Posted on Oct 5, 2019 by Ifi Reporter
Trading week will open against the backdrop of the positive close this past weekend on Wall Street, where the leading indices recorded a sharp rise of about 1.4%. The dual stocks return to Tel...
AngioDynamics announced the acquisition of Israeli Eximo Medical for $ 66 million
Posted on Oct 4, 2019 by Ifi Reporter
AngioDynamics announced the acquisition of Israeli company Eximo Medical for $ 66 million. Eximo is a medical device company that has developed a system for treating blood vessel obstruction. The...
Mortgages taken out last August totaled NIS 5.97 billion
Posted on Sep 26, 2019 by Ifi Reporter
Mortgages taken out last August totaled NIS 5.97 billion in 8,249 transactions. This is according to data released today by the Bank of Israel. This is a decrease of NIS 700 million (10.4%)...
Michal Nagarin's fashion network is closing it's business
Posted on Sep 24, 2019 by Ifi Reporter
Michal Nagarin's network is closing - the company announced on Tuesday its 120 employees, who were given a layoff notice this morning. The company's factory in Bat Yam also closed. At this...
WeWork Managing Director Adam Neumann resigned - will remain chairman whithout voting rights
Posted on Sep 24, 2019 by Ifi Reporter
WeWork Managing Director, born Israeli, Adam Neumann resigned because of controversy over his term. Pressure on Neumann and the Wall Street Journal article revealing his conduct did, Neumann...
Pelephone Company employees began a strike at noon
Posted on Sep 19, 2019 by Ifi Reporter
Pelephone Company employees began a strike at noon. As of 12:30 no telephone and frontal answer was given at the company's service and sales centers, no equipment was taken out of the...
Unemployment rate rose slightly in August to 3.8%
Posted on Sep 19, 2019 by Ifi Reporter
The unemployment rate rose slightly in August to 3.8% of the workforce, compared with 3.7% in the month before. This is evident from data published by the Central Bureau of Statistics.
These...
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