News

Isracard was fined NIS 675,000 since it did not issue a warning for taking loans

Posted on Feb 14, 2019 by Ifi Reporter

Isracard was fined nearly NIS 700,000, since it did not issue a warning in the publication of an advertisement encouraging the taking of loans. On June 1st 2017, the amendment to the Banking Law...

The license of the shopping channel was extended another 6 years

Posted on Feb 14, 2019 by Ifi Reporter

The plenum of the Council for Cable and Satellite Broadcasting extended the license of the shopping channel for another six years. The channel has been operating continuously for 24 years, since...

"65% of the public plans to purchase Purim costumes this year"

Posted on Feb 12, 2019 by Ifi Reporter

A new survey by the Shiluv Institute conducted for the Israel Postal Company for Purim found that 65% of the public plans to purchase Purim costumes this year, 53% of the sample will buy children,...

December 2018: sharp increase in the number of transactions in the real estate market

Posted on Feb 12, 2019 by Ifi Reporter

In December 2018, there was a sharp increase in the number of transactions in the real estate market, with a total of 10.9 thousand apartments purchased, up 25% compared to December 2017 and an...

Bank of Israel will try to maintain price stability

Posted on Feb 8, 2019 by Ifi Reporter

The Bank of Israel published the main points of the work plan and the budget for its administrative activities in 2019. Within the framework of the multi-year plan formulated at the end of 2016,...

ICL Fertilizers and Minerals: 12% decrease in quarterly profit to $ 166 million

Posted on Feb 6, 2019 by Ifi Reporter

The ICL Fertilizers and Minerals Company, which is controlled by Idan Ofer Israel Corporation, summarizes the fourth quarter of 2018 with a 4% growth in sales compared with the fourth quarter of...

ISA is launching the Global Financial Innovation Network to promote financial innovation

Posted on Feb 1, 2019 by Ifi Reporter

The Israel Securities Authority (ISA) is launching the Global Financial Innovation Network (GFIN), an international network for the promotion of financial innovation, with other regulators...

Check Point posted a $ 264 million profit in the fourth quarter of 2018

Posted on Jan 30, 2019 by Ifi Reporter

The improvement in Check Point's financial results continued in the fourth quarter. Check Point earned $ 238 million, or $ 1.51 per share on the basis of US GAAP, and posted a $ 264 million...

The Ministry of Environmental Protection ordered "polyol": remove 400 tons of hazardous material

Posted on Jan 29, 2019 by Ifi Reporter

The Ministry of Environmental Protection recently issued an evacuation order to the polyol factory in the Kanot Industrial Zone, which orders the removal of 400 tons of hazardous materials stored...

The Israeli cyber startup "Salt Security" raised $ 10 million

Posted on Jan 29, 2019 by Ifi Reporter

the Israeli cyber startup "Salt Security" raised $ 10 million. The round was led by the fund of Haim Sadger, S Capital, which is one of the founders of the Sequoia Israel Fund. To which...

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IAI Reports Record Backlog Surge in Profits and Impressive Growth in Q3 2024

Dec 20, 2024 by Ifi Reporter

Israel Aerospace Industries (IAI) has released its third-quarter financial results for 2024, showcasing robust growth across key metrics. The company reported a record backlog of $25 billion, a significant increase from the previous quarter’s $22 billion. The net profit for the third... Continue reading →

Nokia Acquires Rapid API in a Move to Strengthen Developer Platform Offerings

Nov 13, 2024 by Ifi Reporter

Nokia has announced the acquisition of Rapid API, a startup that developed a platform designed to streamline the integration of applications and interfaces for developers. Rapid API was founded by Ido Gino, a young Israeli entrepreneur when he was just 17 years old. The company was previously... Continue reading →

Solaredge Shares Plunge 22% After Major Revenue Drop and Leadership Changes

Nov 7, 2024 by Ifi Reporter

Shares of Solaredge Technologies Inc. plunged 22% in after-hours trading following the release of disappointing third-quarter results, which included a massive revenue decline and a significant widening of the company's losses. The sharp drop in share value reflects both internal... Continue reading →


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