News

former Teva chairman Dr. Philip Frost accused of manipulating shares

Posted on Sep 8, 2018 by Ifi Reporter

The US Securities and Exchange Commission (SEC) has accused former Teva chairman Dr. Philip Frost of manipulating shares illegally. According to the SEC, Proust, together with his partner Barry...

The average wage of Israelis in June amounted to NIS 10,884

Posted on Sep 6, 2018 by Ifi Reporter

The average wage of Israelis in June was NIS 10,884. According to the Central Bureau of Statistics. The data reflect the upward trend in the average wage in recent months and the strong state of...

Canadian trade minister has upgraded the trade agreement with Israel

Posted on Sep 6, 2018 by Ifi Reporter

Minister of Economy Eli Cohen met with Canadian Trade Minister Jim Carr during his visit to Israel, a visit designed to recognize Israeli industry. This is the first meeting of the two ministers....

Hamashbir Lazarchan Group presents: a loss of NIS 6 million

Posted on Sep 3, 2018 by Ifi Reporter

Hamashbir Lazarchan Group continues to present negative financial statements. The second quarter of 2018 ended with a loss of NIS 6 million. This follows a NIS 9 million loss presented by the...

Orbit's profit in the second quarter amounts to $ 755,000

Posted on Aug 26, 2018 by Ifi Reporter

rbit, which operates in the field of satellite communications, tracking systems and communications and audio systems in airplanes, is showing in the second quarter of 2018 growth in all parameters...

Israeli "Agent Vi" developed solutions that enable real-time video of security threats

Posted on Aug 23, 2018 by Ifi Reporter

One of the most frightening issues related to the education system is the violence in schools and ways to deal with it. This can be the violence that occurs between students, vandalism toward...

The government will allocate NIS 52 million assimilate advanced manufacturing technologies

Posted on Aug 23, 2018 by Ifi Reporter

The Ministry of Economy allocates NIS 52 million to the program for the assimilation of advanced manufacturing technologies throughout the country Eli Cohen, Minister of Economics and Industry:...

Tal-Pharm that operates television services in hospitals will reduce prices

Posted on Aug 21, 2018 by Ifi Reporter

Tal-Pharm, the company that operates the television services in non-private hospitals, informed the chairman of the Cable and Satellite Council, Yifat Ben-Hai Segev, that it is preparing to reduce...
Rada Electronic will suplly the British army  it's multi-mission radars

Rada Electronic will suplly the British army it's multi-mission radars

Posted on Aug 20, 2018 by Ifi Reporter

Rada Electronic Industries, which is a global leader in the development and manufacture of tactical radar for the maneuvering force, reports that it's multi-mission radars, embedded in...
Multilock will install locking systems in a hospital in Singapore

Multilock will install locking systems in a hospital in Singapore

Posted on Aug 20, 2018 by Ifi Reporter

Multilock, the largest company in Israel in the field of manufacturing and installing protective systems, won a tender to install all the locking and shielding systems of the largest hospital in...

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Newsline

Strong US Employment Report Boosts Dollar Against Major Currencies

Dec 8, 2023 by Ifi Reporter

In the wake of a robust employment report from the United States, the dollar remains stable against the Israeli shekel at NIS 3.70. The positive data, which surpassed expectations, has notably strengthened the American currency against the euro and the pound. As of the latest market... Continue reading →

Maersk Implements "War Levy" on Container Shipments to Israel Amidst Security Concerns

Dec 8, 2023 by Ifi Reporter

In response to escalating security risks in the region, Danish shipping giant Maersk has announced the imposition of a "war levy" on container shipments to Israel. Citing a surge in insurance premiums for vessels arriving in Israel, Maersk stated that the emergency risk supplement is... Continue reading →

Isrotel is making significant strides in its international expansion efforts

Dec 7, 2023 by Ifi Reporter

Isrotel, the prominent Israeli hotel chain under the Lewis family's control and managed by Lior Raviv, is making significant strides in its international expansion efforts. The company has successfully acquired 50% ownership in three hotels in Athens, including one with two separate wings,... Continue reading →


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