News

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

Posted on Nov 21, 2019 by Ifi Reporter - Dan Bielski

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 - Dan Bielski

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 - Dan Bielski

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...

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

Posted on Nov 19, 2019 by Ifi Reporter - Dan Bielski

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 - Dan Bielski

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...

Mizrahi Tefahot Bank presents: 7% erosion in net profit which reached NIS 422 million

Posted on Nov 18, 2019 by Ifi Reporter - Dan Bielski

Mizrahi Tefahot Bank ended the third quarter with a 7% erosion in net profit, which reached NIS 422 million. Alongside the reports, the Bank announced a distribution of a dividend of approximately...

15,000 drivers will be recruited for a test: will get financial incentive for not entering Tel-Aviv

Posted on Nov 18, 2019 by Ifi Reporter - Dan Bielski

Ayalon Networks announces the start of a recruitment process for 15,000 drivers who may receive a financial incentive only if they do not enter the Tel Aviv metro during rush hour. Pointer, Fengo...

The government will support NIS 9.25 million in building a landfill site in eastern Galilee

Posted on Nov 17, 2019 by Ifi Reporter - Dan Bielski

The government approved the Ministry of Environmental Protection's plan to support NIS 9.25 million in the Eastern Galilee cluster landfill site. These are the communities: Metula, Katzrin,...

Golan Telecom posted revenue of NIS 136.6 million in the third Q - 5.6% increase %

Posted on Nov 17, 2019 by Ifi Reporter - Dan Bielski

Cellular company Golan Telecom posted revenue of NIS 136.6 million in the third quarter of 2019, an increase of 5.6% compared to the corresponding quarter last year - according to the...

Check Point acquires the Israeli cyber company Cymplify

Posted on Nov 14, 2019 by Ifi Reporter - Dan Bielski

Check Point acquires the Israeli cyber company Cymplify, which deals with Internet security. The amount of the purchase was not disclosed, but is estimated at $ 5 million. The acquisition is part...

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El Al Appoints Levi Halevi as New CEO; CFO Yaakov Shahar to Retire

Sep 20, 2026 by Ifi Reporter - Dan Bielski

El Al Israel Airlines announced a major leadership transition this afternoon, with the appointment of Levi Halevi as the airline’s new Chief Executive Officer . The decision was made by El Al’s Board of Directors , following the recommendation of a search committee... Continue reading →

Israeli High-Tech Investors Move to Secure Future of Channel 13

Mar 13, 2026 by Ifi Reporter - Dan Bielski

A group of Israeli high-tech investors has stepped in to support the future of Channel 13 , in a move that supporters say is intended to preserve independent journalism and strengthen pluralistic media in Israel. The development emerged amid uncertainty surrounding the channel’s... Continue reading →

Hadas Water unveiled a first-of-its-kind under-sink system for Shabbat observant users

Mar 13, 2026 by Ifi Reporter - Dan Bielski

Israeli company Hadas Water , a developer and manufacturer of purified water bars, has unveiled a first-of-its-kind under-sink system in Israel designed to provide hot and cold purified water while incorporating a special mechanism adapted for Shabbat observant users. The system,... Continue reading →


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