News

Blue and White: Netanyahu must resign from a number of ministerial positions he holds

Posted on Nov 22, 2019 by Ifi Reporter - Dan Bielski

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 - 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...

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BRICKSTONE Reports 16% Surge in Safe Deposit Box Rentals by Israelis Living in Western Europe

Oct 16, 2026 by Ifi Reporter - Dan Bielski

 BRICKSTONE, a company operating three private, high-security safe deposit facilities in Israel, has reported an approximately 16% increase over the past month in safe deposit box rentals by Israelis living in France, Germany, the United Kingdom and Belgium. The company attributes... Continue reading →

Finance Ministry Delay Threatens Entry of 50,000 Foreign Workers into Israel

Oct 16, 2026 by Ifi Reporter - Dan Bielski

A dispute over a NIS 10 million budget transfer from Israel’s Finance Ministry is reportedly holding up a government plan to increase the permitted share of foreign workers in the Israeli economy, potentially delaying the arrival of 50,000 additional workers across several key sectors.... Continue reading →

Shoofra Opens New Store at Israel’s Golden Mall, Investing NIS 1 Million

Oct 16, 2026 by Ifi Reporter - Dan Bielski

 Shoofra, the Israeli footwear retailer known for its colorful, original designs and distinctive shoe brands, has opened a new store on the newly inaugurated floor of Golden Mall in Rishon LeZion. The 170-square-meter store represents an investment of approximately NIS 1 million... Continue reading →


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