News

The Chinese Minister of Science and Technology came to Israel to promote cooperation

Posted on Aug 20, 2018 by Ifi Reporter - Dan Bielski

The Minister of Science and Technology of China came to Israel to promote technology cooperation between the two countries. Minister of Economy and Industry Eli Cohen met with Minister of Light...

Magal increased earning in the second quarter by 66% to $ 11 million

Posted on Aug 15, 2018 by Ifi Reporter - Dan Bielski

Magal published business results for the second quarter of the year. Revenue was $ 25.3 million, up 91% from $ 13.3 million in the second quarter of 2017. Gross profit for the second quarter of...

Matrix profit surge 43% to NIS 32.7 million

Posted on Aug 12, 2018 by Ifi Reporter - Dan Bielski

The sharp growth in activity of the computer and software services company Matrix continues. It reported that it ended the second quarter of 2018 with double-digit growth in each of the key...
Internet Research Institute raised NIS 20 million in share capital in Israel

Internet Research Institute raised NIS 20 million in share capital in Israel

Posted on Aug 11, 2018 by Ifi Reporter - Dan Bielski

The Japanies based Internet Research Institute (IRI), a technology and high-tech holding company, has completed an initial public offering of shares (IPO). IRI raised NIS 20 million in share...

Orbit reports two agreements with the US Air Force worth NIS 13 million

Posted on Aug 11, 2018 by Ifi Reporter - Dan Bielski

Orbit reports two significant agreements in the US market in the field of aviation worth NIS 13 million. Orbit Technologies, which deals with satellite communications, tracking systems and...
The Israeli high-tech company Yotpo acquired of Swell Rewards

The Israeli high-tech company Yotpo acquired of Swell Rewards

Posted on Aug 10, 2018 by Ifi Reporter - Dan Bielski

The Israeli high-tech company Yotpo announces the acquisition of Swell Rewards. Utfo Israel has developed a platform that helps market brands by displaying real customer reviews, and videos and...

Bank of Israel promotes open banking in Israel

Posted on Aug 6, 2018 by Ifi Reporter - Dan Bielski

The Banking Supervision Department of the Bank of Israel handles the regulation of the standard for open banking in Israel. In order to enable this, the Bank of Israel began a project to regulate...

HOT Mobile shows for the first time a slowdown in growth and lost 1000 customers

Posted on Aug 2, 2018 by Ifi Reporter - Dan Bielski

The HOT Group is showing a relatively weak second quarter, and for the first time HOT Mobile has been showing a slowdown in growth after many quarters, testifying to the many changes and...

Hackers from Yemen attacked broadcasting channels 10 and 11

Posted on Aug 1, 2018 by Ifi Reporter - Dan Bielski

The website of the broadcasting corporation "Kan" and the Channel 10 site were targeted by hackers from Yemen. The hackers who took over the site broadcast Arabic intimidation videos in...
Allot's technology will provide a  Scandinavian mobile operator a better understanding of end-user activity

Allot's technology will provide a Scandinavian mobile operator a better understanding of end-user activity

Posted on Aug 1, 2018 by Ifi Reporter - Dan Bielski

Allot Communications, a leading provider of innovative network and security solutions for service providers around the world, today announced that a leading Scandinavian mobile operator, TIER 1,...

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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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