News
Delek Group to Become Controlling Shareholder Following 1.3 Billion Shekel Investment
Posted on Feb 20, 2025 by Ifi Reporter
American blockchain analytics firm Chainalysis has acquired Israeli cybersecurity startup Hexagate, a company specializing in Web 3.0 and blockchain...
Israeli Cybersecurity Company Skybox Security Shuts Down, Lays Off All Employees
Posted on Feb 19, 2025 by Ifi Reporter
Skybox Security, an Israeli cybersecurity firm, has laid off all of its employees and ceased its operations, marking the end of nearly 23 years in business. The company, which employed an...
Delta Brands Sees Strong Growth in 2024 with Increased Revenue and Profit
Posted on Feb 11, 2025 by Ifi Reporter
Delta Brands has closed 2024 on a high note, reporting a substantial 26% increase in revenue, reaching NIS 1.2 billion, while net profit surged by 37% to NIS...
Israel has slightly improved its position in the 2024 Global Corruption Perceptions Index
Posted on Feb 11, 2025 by Ifi Reporter
Israel has slightly improved its position in the 2024 Global Corruption Perceptions Index, published today (Tuesday), moving up to 31st place, compared to 33rd place in the previous year's...
Mobileye Reports Challenging Year with 23% Drop in Q4 Revenue - Forecasts Slow Recovery in 2025
Posted on Jan 30, 2025 by Ifi Reporter
Mobileye, the autonomous vehicle technology company led by CEO Amnon Shashua, has closed one of the most difficult years in its history, reporting a 23%...
Castro Hoodies Secures NIS 30 Million Investment from Institutional Investors
Posted on Jan 30, 2025 by Ifi Reporter
Castro Hoodies, a leading Israeli fashion group, has successfully raised NIS 30 million from institutional investors, issuing 3.5% of the company’s shares in return. The funding round was...
Vehicle License Fees Set to Increase by 3.24% in April 2024
Posted on Jan 30, 2025 by Ifi Reporter
According to documents released today by the Ministry of Transportation, Israeli motorists will face an increase in vehicle license fees starting in April 2024. The 3.24% fee hike is attributed...
The government has authorized Palestinian construction workers to enter Israel
Posted on Jan 30, 2025 by Ifi Reporter
Castro Hoodies, a leading Israeli fashion group, has successfully raised NIS 30 million from institutional investors, issuing 3.5% of the company’s shares in return. The funding round was...
IDF Deputy Chief of Staff Major General Amir Baram to Step Down at End of January
Posted on Jan 10, 2025 by Ifi Reporter
General Amir Baram, the Deputy Chief of Staff of the Israel Defense Forces (IDF), has announced his intention to step down from his position at the end of next month. In a letter addressed to...
Nagel Committee Proposes Major Defense Budget Increase: NIS 9-15 Billion Annually to Strengthen Military Capacity
Posted on Jan 7, 2025 by Ifi Reporter
The Committee to Examine the Defense Budget and Force Building (Nagel Committee) has presented its long-awaited recommendations to Prime Minister Benjamin Netanyahu, Defense Minister Israel...
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