News

Malam-Team earned NIS 18.83 million in the 4th Q of 2017

Posted on Mar 18, 2018 by Ifi Reporter

Malam-Team earned NIS 18.83 million in the fourth quarter of last year. This is an 18.3% increase over the same period last year. Net profit in all 2017 amounted to about 65 million shekels....

Strauss increased it's profit in the fourth quarter by 10.2%

Posted on Mar 14, 2018 by Ifi Reporter

Strauss increased it's profit in the fourth quarter by 10.2% compared to the corresponding period last year, and they amounted to two billion and one hundred and fifty million shekels....
The Knesset hosted the annual competition for young scientists and developers

The Knesset hosted the annual competition for young scientists and developers

Posted on Mar 13, 2018 by Ifi Reporter

The Knesset Science and Technology Committee hosted the final stage of the annual competition for young scientists and developers in Israel. The "Young Scientists and Developers in...

the Israeli Military Industry will be sold to Elbit systems for NIS 1.8 billion

Posted on Mar 11, 2018 by Ifi Reporter

The Ministry of Finance has completed negotiations on the sale of the military industry, also known as IMI, to Elbit Systems, owned by businessman Mickey Federman, for NIS 1.8 billion In his...
New Galaxy 9 smartphones will be sold in Israel next week

New Galaxy 9 smartphones will be sold in Israel next week

Posted on Mar 11, 2018 by Ifi Reporter

Samsung Electronics Israel officially launched its flagship series, Samsung Galaxy S9 and 9 Plus models in Israel, and their sale will start on Sunday next week. The new models, which come in...

Hong Kong investment bank Ion Pacific has opened an office in Israel

Posted on Mar 7, 2018 by Ifi Reporter

Hong Kong investment bank Ion Pacific has opened an office in Israel to expand its activity in the local market. The activity will be managed by Eran Zack, former head of investment banking at...
he Secretary-General of ITU  congratulated Israel on the successful implementation of 3G cellular phones in the Palestinian Authority

he Secretary-General of ITU congratulated Israel on the successful implementation of 3G cellular phones in the Palestinian Authority

Posted on Mar 6, 2018 by Ifi Reporter

The Secretary-General of the International Telecommunication Union (ITU), Houlin Zhao, visited Israel as a guest of Minister of Communications Ayoub Kara.The Secretary-General also visited the...
New border terminal with Jordan planed at the Jordan River

New border terminal with Jordan planed at the Jordan River

Posted on Mar 6, 2018 by Ifi Reporter

AB Planners Group plans the new border terminal at the Jordan River site in the Spring Valley. The project, which includes a container mirrored facility, a manual inspection structure, customs...

Bank Leumi earned 2017: 3.2 billion Nis

Posted on Mar 6, 2018 by Ifi Reporter

The two banks, Bank Leumi and the International Bank published their business results, which show that the two banks made record profits. Bank Leumi earned NIS 3.2 billion last year. This is a 14%...

Israel assisted last year 1300 employees: NIS 140 million

Posted on Mar 5, 2018 by Ifi Reporter

The Authority for Investment in the Ministry of Economics summarizes the employment tracks last year, which indicate that the total amount of assistance for the employment of some 1,300 employees...

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Newsline

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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