News

The US drug company Cambrex whose Ceo is Shlomo Yanay will be sold for $ 2.4 billion

Posted on Aug 12, 2019 by Ifi Reporter

The US drug company Cambrex, whose chairman is Shlomo Yanai, is been sold to the $ 2.4 billion private equity fund Permira. The share price in the deal is $ 60, a 47% premium to the price set...

Finance Minister Kahlon signed the first 4 chapters of the new Israeli building code

Posted on Aug 11, 2019 by Ifi Reporter

Finance Minister Moshe Kahlon recently signed the first four chapters of the new Israeli building code, the Ministry of Construction and Housing, which prepares the code, announced on Sunday....

Shafir Engineering wan the tender the second urban railway line in Jerusalem

Posted on Aug 7, 2019 by Ifi Reporter

The joint inter-agency tender committee for finance, transport and the Jerusalem Municipality announced that Shafir Engineering is the winner of the second urban railway line in the city (the...

In July 2019, Bank Hapoalim's Consumer Confidence Index fell 5.0 points

Posted on Aug 6, 2019 by Ifi Reporter

In July 2019, Bank Hapoalim's Consumer Confidence Index and TNS Telescar fell 5.0 points to 2.139. The index for the current situation fell by 3.1 points and the index remained unchanged....

The government deficit in January-July stood at NIS 24 billion

Posted on Aug 6, 2019 by Ifi Reporter

The government deficit in January-July stood at NIS 24 billion - more than double the level of the corresponding period last year, when a deficit of NIS 11 billion was measured. This is according...

Sapiens concludes a successful quarter in which revenue improved by 9.6%

Posted on Aug 5, 2019 by Ifi Reporter

The software company Sapiens concludes a successful quarter in which revenue improved by 9.6% and net profit jumped by 49.5% over the same quarter in 2018. Sapiens revenues in the second quarter...

2918: 2.6 million residential apartments in Israel, most of them in cities

Posted on Aug 4, 2019 by Ifi Reporter

As of 2018, there were 2.6 million residential apartments in Israel, most of them in cities and local councils (about 2.4 million apartments), and the rest in regional councils (about 222,000...

Israel Post s launching in Israel debit-cards for teens

Posted on Aug 3, 2019 by Ifi Reporter

Israel Post Company is launching in Israel for the first time shekel and forex recharge cards for teens under 16. Each card can be loaded up to NIS 2,500 a month, even in foreign currencies. The...

65,800 foreign workers entered Israel in 2018 - an increase of about 15%

Posted on Aug 2, 2019 by Ifi Reporter

In 2018, 65,800 workers from abroad (foreign nationals) entered work permits - an increase of about 15% compared to 2017, according to the Central Bureau of Statistics. As of the end of 2018,...

Hot second quarter revenue was about 235 million euros, down 2.6%

Posted on Jul 31, 2019 by Ifi Reporter

HOT sums up the second quarter of 2019 with a 14.3% decrease in EBITDA compared to the same quarter (18.7% change in local currency), according to reports from Altai (Patrick Altai) of HOT...

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Newsline

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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