News

Billionaire Arik Prince comes to Israel to invest in hightech startups

Posted on Jun 10, 2019 by Ifi Reporter - Dan Bielski

The billionaire Arik Prince comes to Israel to invest in startups and companies in high-tech, transportation and security. Axon Vision, a manufacturer of artificial intelligence based systems...

Huawei launched in Israel HUAWEI P30 lite equipped with 3 rear cameras

Posted on Jun 10, 2019 by Ifi Reporter - Dan Bielski

Huawei launched in Israel the HUAWEI P30 lite, the newest smartphone focused on photography and equipped with a triangular photography system. The smartphone combines polished design with...

Histadrut will convene Monday to declare a labor dispute in the public sector

Posted on Jun 8, 2019 by Ifi Reporter - Dan Bielski

Histadrut Chairman Arnon Bar-David will convene On Monday the Histadrut's Coordinating and Executing Committee, where its members will be asked to approve a declaration of a labor dispute in...

A special employment fair will be held for the laid-off employees of "Harsa"

Posted on Jun 6, 2019 by Ifi Reporter - Dan Bielski

A special employment fair will be held for the laid-off employees of Harsa. Chairman of the Histadrut Arnon Bar-David, Mayor of Be'er Sheva Rubik Danilovich and representatives of the...

1,800 workers from the Ministry of Agriculture will not provide ministrry services

Posted on Jun 4, 2019 by Ifi Reporter - Dan Bielski

1,800 workers from the Ministry of Agriculture and Rural Development will stop providing ministry services on Wednesday, due to the Ministry's announcement of a dramatic cut of 80% in the...

Kastro lost NIS 48 milion in the first Quarter

Posted on Jun 1, 2019 by Ifi Reporter - Dan Bielski

Kastro, The fashion company of the Roter family published its first-quarter financial results, showing a drop in revenues as losses widened. According to the pro forma report, which presents...

Financial sanction of NIS 1.5 million that was imposed on Max-it was reduced by 10%

Posted on Jun 1, 2019 by Ifi Reporter - Dan Bielski

On December 23, 1818, a decision was made to impose on Leumi Card, currently Max It Finance, a financial sanction in the amount of NIS 1.5 million. The Company applied to the Supervisor of Banks...

Palo Alto has acquired Israel's Twiistock for more than $ 400 million

Posted on May 29, 2019 by Ifi Reporter - Dan Bielski

Palo Alto has acquired Israel's Tavistock for an estimated $ 400 million. So far, the Israeli company has raised $ 63 million from venture capital funds YL Ventures, Polaris Ventures,...

Golf: a loss of NIS 14.7 million in the first quarter

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

The crisis in the fashion industry does not skip the golf company. The company's financial statements reveal weak data in which all sectors recorded an operating loss. In the first quarter...

Elbit reports: A new deal worth $ 127 million in South Asian country

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

Elbit Systems reported a new deal worth $ 127 million to provide tactical radio systems for the use of a South Asian country's ground forces. In its announcement to Elbit Systems, Elbit...

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