News

Navin at MWC: application that enables navigation within public buildings

Posted on Feb 27, 2019 by Ifi Reporter - Dan Bielski

Navin is introducing an application that enables navigation within public buildings such as hospitals, malls, universities and shopping centers where GPS reception is lost, and applications such...

Ormat Technologies Q4 revenues: $ 190.5 million

Posted on Feb 27, 2019 by Ifi Reporter - Dan Bielski

Ormat Technologies, which operates in the geothermal energy field, published its results for the fourth quarter and full year 2018, after which it reported revenues of $ 190.5 million in the...

Isracard, the credit-card group net profit in 2018: NIS 318 million

Posted on Feb 26, 2019 by Ifi Reporter - Dan Bielski

Isracard, the credit-card group, which also includes American Express in Israel, has published its financial statements. Net profit of the Isracard Group in 2018 amounted to NIS 318 million,...

The interest rate for March remained at 0.25%

Posted on Feb 25, 2019 by Ifi Reporter - Dan Bielski

The interest rate for March remained at 0.25%. This was the decision of the Monetary Committee of the Bank of Israel, headed by the Governor, Prof. Amir Yaron. According to the Research...

Matrix acquires Medatech for NIS 85 million

Posted on Feb 20, 2019 by Ifi Reporter - Dan Bielski

Matrix continues to expand: IT company announced the acquisition of Meda-Tech information, which was founded in 1993, for NIS 85 million. Medatech, which is owned by Meir Gabai, is the largest...

Manufacturers will enjoy all incentives and government grants at IAA website

Posted on Feb 20, 2019 by Ifi Reporter - Dan Bielski

Manufacturers will be able to enjoy updates on the IAA website. A first information center of its kind with all incentives and government grants to industrialists. These are incentives and grants...

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

Posted on Feb 14, 2019 by Ifi Reporter - Dan Bielski

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 - Dan Bielski

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 - Dan Bielski

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 - Dan Bielski

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...

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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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