News

The average salary for January in Israel rose to NIS 10,208

Posted on Apr 9, 2018 by Ifi Reporter

The average salary for January continued to rise and amounted to NIS 10,208, an increase of 2.4%. This emerges from data from the Central Bureau of Statistics. The highest average wage was in...

Isaelis spent NIS 14.846 billion on credit in the 2 weeks before Passover

Posted on Apr 8, 2018 by Ifi Reporter

Data from the "Automatic Banking Services" company, which operates the central clearing system for credit cards in Israel revelas thatI Isaelis spent a total of NIS 14.846 billion on...
Intel unveiled core i9 processor for laptops developed in Israel

Intel unveiled core i9 processor for laptops developed in Israel

Posted on Apr 4, 2018 by Ifi Reporter

Intel unveiled the first ever Intel Core i9 processor for laptops developed in Isrel. Part of the new lineup of high-performance mobile products unveiled, the powerful 8 th Gen Intel Core i9...

The last phase of the public transportation reform comes today into affect

Posted on Mar 28, 2018 by Ifi Reporter

The last phase of the public transportation reform will come into affect Wednesday March 28th and it includes a reduction of tens of percent in the fare rates offered to passengers using...
Kirskay Palbam offers: operate leasing for restaurants

Kirskay Palbam offers: operate leasing for restaurants

Posted on Mar 28, 2018 by Ifi Reporter

Kirskay Palbam has announced an innovative move to operate leasing for restaurants. As part of this move, restaurant owners will be able to purchase equipment for their kitchens at a fixed monthly...
Teva has launched 2 new generic drugs in the US

Teva has launched 2 new generic drugs in the US

Posted on Mar 28, 2018 by Ifi Reporter

Teva Pharmaceutical Industries has announced the launch of two new generic drugs in the US.The largest launch of the drug is Lialda (mesalamine), which is used to treat mild to moderate ulcerative...
Israeli C2A: protects connected cars from cyber threats

Israeli C2A: protects connected cars from cyber threats

Posted on Mar 23, 2018 by Ifi Reporter

Cyber 2 Automotive Security  (c2a),Cyber 2 A utomotive announced th at it s patented Stamper technology , w hich protects the connected car from cyber threats , is now...
Matzah exports in 2017 amounted to about $ 14 million

Matzah exports in 2017 amounted to about $ 14 million

Posted on Mar 21, 2018 by Ifi Reporter

Matzah exports in 2017 amounted to about $ 14 million, an increase of about 49% in volume compared to 2016, according to data published by the Israel Export Institute in preparation for Passover...
El Al's profits in 2017: $ 5.7 million

El Al's profits in 2017: $ 5.7 million

Posted on Mar 21, 2018 by Ifi Reporter

El Al's profits fell by 93% last year compared to 2016 and totaled $ 5.7 million. Revenues rose 3% to $ 2.097 billion. The increase in revenues is due to an increase in the number of...
Elbit's profit in 2017: $ 239 million

Elbit's profit in 2017: $ 239 million

Posted on Mar 20, 2018 by Ifi Reporter

Elbit Systems' revenues in 2017 amounted to $ 3.4 billion, an increase of 3.6% compared to 2016. This was due to an improvement in sales of land systems, mainly as a result of the increase in...

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Elbit won a huge contract from the Australian Army in the amount of about 600 million dollars

Feb 26, 2024 by Ifi Reporter

Elbit won a huge contract from the Australian Army in the amount of about 600 million dollars, to supply systems to the Hanwha Defense Australia company for the Land 400 Phase 3 project. The project is designed to provide the Australian Army with about 450 new-generation tracked APCs, which... Continue reading →

Government Salary Gender Gap Narrows Slightly in 2022 New Agreement Aims for Further Improvement

Feb 26, 2024 by Ifi Reporter

  According to the latest reports from the Ministry of Finance's Salary Commissioner, the average gross salary in government offices for 2022 stood at NIS 18,029 per month. However, a notable gender disparity persists, with women earning approximately 17% less than men on average,... Continue reading →

Finance Committee of the Knesset has approved an increase in Israel's Value Added Tax

Feb 22, 2024 by Ifi Reporter

In a move to address the significant deficit in the state budget, the Finance Committee of the Knesset has approved an increase in Israel's Value Added Tax (VAT) rate from 17% to 18%, effective January 1, 2025. This decision marks the first adjustment to the VAT rate since 2015 when it was... Continue reading →


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