News

Teva: 28 million settlement agreement in three derivative proceedings filed against the company and it's officers

Posted on Jun 6, 2021 by Ifi Reporter

Economic Judge Ruth Ronen approved a $ 28 million settlement agreement in three derivative proceedings filed against Teva and its officers. The main lawsuit dealt with claims for damages to the...

Ministry of Health will recommend abolishing the obligation to wear masks indoors on June 15

Posted on Jun 6, 2021 by Ifi Reporter

Health Minister Yuli Edelstein has announced that the Ministry of Health will recommend abolishing the obligation to wear masks indoors on June 15. "After a consultation with senior...

BDO: Electric vehicle sales in Israel will double this year to 19,000

Posted on Jun 6, 2021 by Ifi Reporter

Electric vehicle sales in Israel will double this year to 19,000, BDO chief economist Chen Herzog predicts in a report reviewing their penetration into Israel, the forecast for the coming years...

Israeli startup Gong raised $ 250 million in round E

Posted on Jun 6, 2021 by Ifi Reporter

Gong, a business intelligence platform for salespeople that leverages artificial intelligence technologies to upgrade the capabilities of sales teams, raised $ 250 million in round E led by...

Poor Exit: ScaleMP was recently sold to SAP for a small amount and much lower than invested in

Posted on Jun 4, 2021 by Ifi Reporter

The startup company ScaleMP was recently sold to SAP for a small amount and much lower than what has been invested in it so far. This is a failure of a start-up company that aimed for much higher...

Elbit Systems has won a $ 80 million contract from an Asia-Pacific state

Posted on Jun 3, 2021 by Ifi Reporter

Elbit Systems has won a $ 80 million contract from an Asia-Pacific state to supply SPECTRO XR multifectral electro-optical systems for naval forces. Elbit Systems won the deal after winning a...

IAI has signed a $ 200 million contract with an Asian country

Posted on Jun 1, 2021 by Ifi Reporter

IAI has signed a $ 200 million contract with an Asian country to provide UAV services (unmanned aerial vehicle). This is the company's fourth deal in this area in 2021: earlier this year it...

Israel will gradually end jobless benefits as the economy begins recovering from the COVID-19

Posted on Jun 1, 2021 by Ifi Reporter

Israel will gradually end jobless benefits as the economy begins recovering from the COVID-19 crisis, starting with people younger than 28 and without children, the Finance Ministry said on...

Ministry of Environmental Protection's cleaning fund approved NIS 11 million to encourage the removal of asbestos cement roofs

Posted on May 31, 2021 by Ifi Reporter

The Ministry of Environmental Protection's cleaning fund has approved a budget of NIS 11 million to encourage the removal of asbestos cement roofs and the installation of solar panels on...

Startup "Day Two" has raised $ 37 million to continue developing technologies and products to improve the health of people

Posted on May 31, 2021 by Ifi Reporter

Startup "DayTwo"  has raised $ 37 million to continue developing technologies and products to improve the health of people with diabetes in particular and metabolic diseases in...
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Newsline

Palestinian Prime Minister Muhammad al-Shatayya has ordered the return to Israel of the 100,000 vaccines delivered

Jun 19, 2021 by Ifi Reporter

The transfer of corona vaccines to the Palestinian Authority has caused embarrassment among senior Palestinian Authority officials. Palestinian Prime Minister Muhammad al-Shatayya has ordered the return to Israel of the 100,000 vaccines delivered on the grounds that their expiration date is... Continue reading →

Israel Railways: commitments from institutions to purchase NIS 380 million bonds in a price index minus 0.8%

Jun 18, 2021 by Ifi Reporter

Israel Railways reported that it received commitments from institutions to purchase NIS 380 million in third bonds that the company intends to issue - the company received 100 million par value of bonds from the offers. The issue price closes at about NIS 1,086 per 1,000 units of bonds and... Continue reading →

Avi Zvi The new CEO of Partner announced today (Thursday) appointments to senior positions in the group - including Deputy CEO

Jun 17, 2021 by Ifi Reporter

The new CEO of Avi Zvi announced today (Thursday) appointments to senior positions in the group - including Deputy CEO, Deputy Sales CEO and VP of Operations. These are significant appointments of Zvi upon his full entry into office in early June. The retirement of the outgoing CEO, Itzik... Continue reading →


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