News

Finance and health ministries will try s to reduce the non-prescription drugs in Israel

Finance and health ministries will try s to reduce the non-prescription drugs in Israel

Posted on Jul 29, 2018 by Ifi Reporter - Dan Bielski

The Ministry of Economy and the Ministry of Finance accuse the pharmaceutical companies of charging higher prices for over-the-counter drugs than other countries and claime they would fight the...

Indian investors are interested in Israeli innovation

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

Dr. Ami Appelbaum, Chairman of the Innovation Authority and Chief Scientist of the Ministry of Economics and Industry, recently visited India to promote Israeli innovation, mutual investments and...

"we are concerned foreign companies will not be obligated to reciprocal procurement"

Posted on Jul 24, 2018 by Ifi Reporter - Dan Bielski

The Minister of Economy and Industry met with employees of the Merkavim and Haargaz factories, who expressed concern that the Ministry of Transport would cancel the reciprocal procurement...
Check Point is seeking to approve additional options for Gil Schwed

Check Point is seeking to approve additional options for Gil Schwed

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

Gil Shwed continues to be the largest shareholder in Check Point, the cyber security company he co-founded with Marius Nacht and Shlomo Kramer. Shwed holds 19.1% of the company's capital, 31...

Orbit will upgrade service and maintenance of US KC-135 aircraft communications management systems

Posted on Jul 18, 2018 by Ifi Reporter - Dan Bielski

Orbit, which is engaged in satellite communications, surveillance systems and communications and audio systems, has announced that it has won a tender to upgrade service and maintenance for ADAS...

PMI index of the Israel Purchasing Managers Association rose by 3 points to 52.6

Posted on Jul 18, 2018 by Ifi Reporter - Dan Bielski

The Purchasing Managers Index of Bank Hapoalim and the Israel Purchasing Managers Association for June 2018 rose by 3 points to 52.6 points. The level of the index returned this month to indicate...

Chairman of Housing and Construction Company Moshe Lahmani was arrested for questioning

Posted on Jul 17, 2018 by Ifi Reporter - Dan Bielski

Chairman of Housing and Construction Company Moshe Lahmani was arrested for questioning in the bribery affair with Africa. He was brought to court and sent to house arrest for five days. He was...

Teva Pharmaceutical announced the launch of a generic version of Uceris

Posted on Jul 14, 2018 by Ifi Reporter - Dan Bielski

 Teva Pharmaceutical Industries announced the launch of a generic version of Uceris extended-release tablets, 9 mg, in the U.S. Budesonide extended-release tablets are a...

Pelephone has deployed Allot's technology to provide better protection for subscribers

Posted on Jul 14, 2018 by Ifi Reporter - Dan Bielski

Allot Communications, a leading provider of innovative network and security solutions for service providers around the world, announced that Pelephone, Israel's Tier-1 cellular provider, has...
The Icelandic airline Wow stops flying to Israel

The Icelandic airline Wow stops flying to Israel

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

The Icelandic airline Wow, which broke into the public consciousness in Israel when it offered flights from Tel Aviv to New York at a starting price of less than $ 200 in one direction, stops...

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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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