News

Finance and health ministries will try s to reduce the non-prescription drugs in Israel

Finance and health ministries will try s to reduce the non-prescription drugs in Israel

Posted on Jul 29, 2018 by Ifi Reporter

The Ministry of Economy and the Ministry of Finance accuse the pharmaceutical companies of charging higher prices for over-the-counter drugs than other countries and claime they would fight the...

Indian investors are interested in Israeli innovation

Posted on Jul 26, 2018 by Ifi Reporter

Dr. Ami Appelbaum, Chairman of the Innovation Authority and Chief Scientist of the Ministry of Economics and Industry, recently visited India to promote Israeli innovation, mutual investments and...

"we are concerned foreign companies will not be obligated to reciprocal procurement"

Posted on Jul 24, 2018 by Ifi Reporter

The Minister of Economy and Industry met with employees of the Merkavim and Haargaz factories, who expressed concern that the Ministry of Transport would cancel the reciprocal procurement...
Check Point is seeking to approve additional options for Gil Schwed

Check Point is seeking to approve additional options for Gil Schwed

Posted on Jul 19, 2018 by Ifi Reporter

Gil Shwed continues to be the largest shareholder in Check Point, the cyber security company he co-founded with Marius Nacht and Shlomo Kramer. Shwed holds 19.1% of the company's capital, 31...

Orbit will upgrade service and maintenance of US KC-135 aircraft communications management systems

Posted on Jul 18, 2018 by Ifi Reporter

Orbit, which is engaged in satellite communications, surveillance systems and communications and audio systems, has announced that it has won a tender to upgrade service and maintenance for ADAS...

PMI index of the Israel Purchasing Managers Association rose by 3 points to 52.6

Posted on Jul 18, 2018 by Ifi Reporter

The Purchasing Managers Index of Bank Hapoalim and the Israel Purchasing Managers Association for June 2018 rose by 3 points to 52.6 points. The level of the index returned this month to indicate...

Chairman of Housing and Construction Company Moshe Lahmani was arrested for questioning

Posted on Jul 17, 2018 by Ifi Reporter

Chairman of Housing and Construction Company Moshe Lahmani was arrested for questioning in the bribery affair with Africa. He was brought to court and sent to house arrest for five days. He was...

Teva Pharmaceutical announced the launch of a generic version of Uceris

Posted on Jul 14, 2018 by Ifi Reporter

 Teva Pharmaceutical Industries announced the launch of a generic version of Uceris extended-release tablets, 9 mg, in the U.S. Budesonide extended-release tablets are a...

Pelephone has deployed Allot's technology to provide better protection for subscribers

Posted on Jul 14, 2018 by Ifi Reporter

Allot Communications, a leading provider of innovative network and security solutions for service providers around the world, announced that Pelephone, Israel's Tier-1 cellular provider, has...
The Icelandic airline Wow stops flying to Israel

The Icelandic airline Wow stops flying to Israel

Posted on Jul 11, 2018 by Ifi Reporter

The Icelandic airline Wow, which broke into the public consciousness in Israel when it offered flights from Tel Aviv to New York at a starting price of less than $ 200 in one direction, stops...

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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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