News

Mizrahi-Tefahot Bank Reports Impressive Financial Results for Q2 2023, Driven by Strong Profits and Expansion

Posted on Aug 15, 2023 by Ifi Reporter

Mizrahi-Tefahot Bank, a leading financial institution in Israel, has reported stellar financial results for the second quarter of 2023. These results underscore the bank's steady progress and...

Ultra-Orthodox Male Employment Rate Reaches All-Time High, Signaling Positive Shift in Trends

Posted on Aug 15, 2023 by Ifi Reporter

The employment rate of ultra-Orthodox men has surged to an all-time high of 55.8% in the second quarter, according to the latest data from the Central Bureau of Statistics (CBS). This milestone...

Egged's Inaugural Bond Issue Sees Over NIS 1 Billion in Demands

Posted on Aug 14, 2023 by Ifi Reporter

Egged, a prominent bus company controlled by the Keystone Foundation and the teacher and kindergarten funds with a 60% stake, has successfully garnered demands exceeding NIS 1 billion in its...

Volcani Institute Faces Budgetary Challenges - Research will be Impacted

Posted on Aug 12, 2023 by Ifi Reporter

Volcani Institute, a pioneering hub for agricultural research, has encountered fiscal constraints that have prompted a series of measures aimed at addressing the financial hurdles. The...

Cellcom Reports Strong Second Quarter 2023 Results with Continued Revenue Growth

Posted on Aug 12, 2023 by Ifi Reporter

Cellcom, a leading telecommunications company, has announced its financial results for the second quarter of 2023, marking its sixth consecutive quarter of revenue growth. The company's...

Cellcom Overcomes Device Sales Decline with Strong Communication Service Revenues, Faces Legal Setback

Posted on Aug 10, 2023 by Ifi Reporter

Cellcom , a prominent player in the telecommunications industry, showcased resilience in the face of a global slowdown in mobile device sales. The company's strategy of focusing on...

Energix's Profits Decline Amidst Rapid US Expansion of Renewable Energy Ventures

Posted on Aug 9, 2023 by Ifi Reporter

The prominent renewable energy firm, Energix, has encountered a setback in its financial performance during the second quarter of 2023. The company's ambitious expansion efforts in the United...

Israeli Average Salary Sees Mixed Trends in 2023: CBS Report

Posted on Aug 9, 2023 by Ifi Reporter

The Central Bureau of Statistics (CBS) has released its latest data highlighting the salary landscape in Israel for the year 2023, revealing a combination of growth and fluctuations across...

The US dollar demonstrated strength and rose to 3.72 shekels

Posted on Aug 8, 2023 by Ifi Reporter

The US dollar demonstrated strength in morning trading on Tuesday, boosted by China's lackluster trade data and Moody's announcement regarding the downgrade of ten smaller American banks....

Histadrut and the Local Government Center ratified a new salary agreement for education supporters in kindergartens

Posted on Aug 8, 2023 by Ifi Reporter

The Histadrut and the Local Government Center, which represents local authorities, have officially ratified a new salary agreement for education supporters in kindergartens, schools, and special...

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Newsline

Sergeant Major Ran Yaebetz lost his life in an operational accident

May 16, 2024 by Ifi Reporter

This morning, tragedy struck in the Gaza Strip as a reservist, Sergeant   Major Ran Yaebetz, lost his life in an operational accident at the Black Arrow monument. The Israeli army confirmed that Yaebetz, a fighter in the 6828th patrol battalion within the 828th brigade, was fatally injured... Continue reading →

Ben & Jerry's: We are supporting the pro-Palestinian demonstrations on campuses across the United States

May 14, 2024 by Ifi Reporter

The board of the Ben & Jerry's ice cream company, owned by Unilever, released a statement supporting the pro-Palestinian demonstrations on campuses across the United States, calling them "vital" for democracy. The society called for the continuation of the... Continue reading →

Golf Group Reports Transition to Net Profit in First Quarter: NIS 5.9 million

May 12, 2024 by Ifi Reporter

The Golf Group has announced a significant shift to net profit in the first quarter of the year, marking a notable turnaround from the same period last year. According to the company's data, the net profit for the first quarter amounted to approximately NIS 5.9 million, compared to a loss... Continue reading →


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