News

mortgages in April down 20% from March: NIS 4.14 billion

Posted on Jun 3, 2018 by Ifi Reporter - Dan Bielski

In April, NIS 4.14 billion of mortgages were taken out - down 20% from March. This emerges from data published by the Bank of Israel. Compared to April of last year, a rise of 13.4% was recorded....

Partner's 1st quarter profit: NIS 9 million, compared with NIS 64 million in 2017

Posted on May 31, 2018 by Ifi Reporter - Dan Bielski

Partner reported results for the first quarter of the year, indicating that its revenues totaled NIS 826 million, an increase of 3% from the corresponding quarter last year, and a decrease of 1%...

Itzik Zaig is expected to announce his resignation as CEO of Osem

Posted on May 30, 2018 by Ifi Reporter - Dan Bielski

Itzik Zaig is expected to announce his resignation as CEO of Osem and will be replaced by Avi Ben Asayag, who has served as acting CEO and director of Strategy, Business Development, Economics and...

Financial Services Law was postponed for 4 months

Posted on May 30, 2018 by Ifi Reporter - Dan Bielski

The Finance Committee approved a four-month postponement at the start of the Control of Financial Services Law, which for the first time regulates the entire world of financial services, including...

Meitav Dash Investment House Net profit: NIS 23 million

Posted on May 26, 2018 by Ifi Reporter - Dan Bielski

Meitav Dash Investment House recorded revenues of NIS 216 million in the first quarter of 2018, compared with income of NIS 221 million in the fourth quarter of 2017, a decrease of 2.3%. Compared...

Postal Company profit: NIS 29.7 million

Posted on May 26, 2018 by Ifi Reporter - Dan Bielski

The Postal Company went into profitability in the first quarter of 2018. The company earned NIS 29.7 million, compared with a loss of NIS 0.7 million in the same period last year. Revenues...

the EU's new Internet privacy and information regulations are in force

Posted on May 25, 2018 by Ifi Reporter - Dan Bielski

Today, the EU's new Internet privacy and information regulations are in force. The regulations apply to organizations and business companies, and they have many demands on how to collect,...

Strauss Group profit for 1st quarter: NIS 146 million

Posted on May 23, 2018 by Ifi Reporter - Dan Bielski

Strauss Group published its financial results for the first quarter of 2018 and showed an increase both in the top line and in the bottom line. The company's board of directors approved the...

Radcom's revenues in the first quarter rose by 36% and totaled $ 10.9 million

Posted on May 22, 2018 by Ifi Reporter - Dan Bielski

Radcom's revenues in the first quarter of 2018 totaled $ 10.9 million. This represents an increase of 36% over the same period last year. GAAP net income was $ 0.3 million, compared with a...

"State Comptroller ban on government ministers to purchase Bitcoin is anachronistic"

Posted on May 19, 2018 by Ifi Reporter - Dan Bielski

State Comptroller Yosef Shapira's ban on government ministers and their deputies to purchase Bitcoin is anachronistic and expresses ignorance and fear of technology, says Eli Bejerano, CEO of...

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