News

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

Posted on Aug 11, 2019 by Ifi Reporter - Dan Bielski

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....

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

Posted on Aug 6, 2019 by Ifi Reporter - Dan Bielski

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....

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

Posted on Aug 5, 2019 by Ifi Reporter - Dan Bielski

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 - Dan Bielski

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 - Dan Bielski

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 - Dan Bielski

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 - Dan Bielski

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...

Some 3,000 medical and public health labs employees will strike Thursday

Posted on Jul 31, 2019 by Ifi Reporter - Dan Bielski

Some 3,000 medical and public health labs employees across the country will go on strike on Thursday, working in a part-time style like on a weekend. As part of the strike, all medical...

The Competition Commissioner approved Nobel Energy to purchase part of the gas pipeline between Israel and Egypt

Posted on Jul 31, 2019 by Ifi Reporter - Dan Bielski

The Competition Commissioner, Adv. Michal Halperin, approved the fuel and Nobel Energy to purchase part of the gas pipeline between Israel and Egypt, owned by the Egyptian gas importer EMG. The...

Canada Israel purchase a 3.5-acre lot in tel Aviv for NIS 217 million

Posted on Jul 31, 2019 by Ifi Reporter - Dan Bielski

Canada Israel, controlled by Barak Rosen and Essie Tochmeyer, has signed an agreement to purchase a 3.5-acre lot at 72-74 Railroad Street in Tel Aviv for NIS 217 million. The plot, located near...

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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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