News

Bank of Israel decided to leave the interest rate unchanged at 0.25%

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

The Monetary Committee decided to leave the interest rate unchanged at 0.25%. The inflation environment stabilized slightly above the lower limit of the target range. In the last nine months, with...

Intel Israel will support the laboratory for natural language processing at Bar-Ilan University

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

Intel Israel will support the laboratory for natural language processing and deep learning at Bar-Ilan University. Natural Language Processing is a field of research and technology that deals with...

Teva has received approval to market in Europe: Ajovy a treatment for migraine

Posted on Apr 2, 2019 by Ifi Reporter - Dan Bielski

Teva has received approval from the European Council to market Ajovy, a migraine-prevention shot in adults with at least four migraine days a month. Agovy is a CGRP blocker, a neurotransmitter...

Delek Automotive's net profit fell 70% to NIS 107 million

Posted on Mar 31, 2019 by Ifi Reporter - Dan Bielski

Delek Automotive, the importer of Mazda and Ford vehicles, published its 2018 reports, which show that its net profit fell 70% to NIS 107 million. After a particularly poor fourth quarter, in...

Satcom Systems net profit for the 4th Q of 2018: only $ 43,000

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

Satcom Systems, which provides communications services through satellite infrastructure and other infrastructure, has published its financial statements for the fourth quarter and for 2018 as a...

Arnon Bar-Davidt is expected to be elected today to the chairman of the Histadrut

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

The Histadrut is expected to hold a special session on Wednesday for the election of the chairman of the 15th Histadrut, after Tel Aviv District Court Judge Rachel Barkai rejected the petition by...

The composite state-of-the-economy index rose by 0.31% in February

Posted on Mar 24, 2019 by Ifi Reporter - Dan Bielski

The composite state-of-the-economy index rose by 0.31% in February, following a similar rise during 2018. The index was positively affected by an increase in most of its components, particularly...

The Bank of Israel's profit for 2018: NIS 5.3 billion

Posted on Mar 24, 2019 by Ifi Reporter - Dan Bielski

The Bank of Israel published its financial statements for 2018. After years of appreciation in the shekel, the shekel depreciated by 8.1% against the dollar in 2018. The Bank of Israel manages...

Teva launched a generic version of Tablets for Oral Suspension

Posted on Mar 23, 2019 by Ifi Reporter - Dan Bielski

Teva Pharmaceutical Industries announced the launch of a generic version of EXJADE-deferasirox Tablets for Oral Suspension, 125 mg, 250 mg and 500 mg, in the U.S.  Deferasirox Tablets for...

MalamTeam's Revenue increased in 2018 by NIS 1.9 billion

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

MalamTeam reports its results for the fourth quarter of 2018 and for the full year and it is clear that the Group's revenues for the fourth quarter of 2018 totaled NIS 581.3 million, an...

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Newsline

BRICKSTONE Reports 16% Surge in Safe Deposit Box Rentals by Israelis Living in Western Europe

Oct 16, 2026 by Ifi Reporter - Dan Bielski

 BRICKSTONE, a company operating three private, high-security safe deposit facilities in Israel, has reported an approximately 16% increase over the past month in safe deposit box rentals by Israelis living in France, Germany, the United Kingdom and Belgium. The company attributes... Continue reading →

Finance Ministry Delay Threatens Entry of 50,000 Foreign Workers into Israel

Oct 16, 2026 by Ifi Reporter - Dan Bielski

A dispute over a NIS 10 million budget transfer from Israel’s Finance Ministry is reportedly holding up a government plan to increase the permitted share of foreign workers in the Israeli economy, potentially delaying the arrival of 50,000 additional workers across several key sectors.... Continue reading →

Shoofra Opens New Store at Israel’s Golden Mall, Investing NIS 1 Million

Oct 16, 2026 by Ifi Reporter - Dan Bielski

 Shoofra, the Israeli footwear retailer known for its colorful, original designs and distinctive shoe brands, has opened a new store on the newly inaugurated floor of Golden Mall in Rishon LeZion. The 170-square-meter store represents an investment of approximately NIS 1 million... Continue reading →


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