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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Newsline

Thousands of Foreign Construction Workers Stranded Due to Staffing Shortages in Population Authority

May 20, 2025 by Ifi Reporter

Eldad Nitzan , Chairman of the Foreign Workers' Association in the Construction Industry , has issued an urgent appeal to Interior Minister Moshe Arbel , calling for immediate intervention to resolve severe staffing... Continue reading →

Severe Drought Threatens Israel’s Food Supply: Farmers Demand Urgent Water Relief Measures

May 20, 2025 by Ifi Reporter

David Levy , CEO of the Field Workers’ Organization , has issued an urgent appeal to Minister of Agriculture and Food Security Avi Dichter , warning of the devastating impact of ongoing drought and a critical... Continue reading →

Mercantile Bank Hosts Annual Business Client Event - Strengthening Ties with Entrepreneurs Across Israel

May 19, 2025 by Ifi Reporter

Mercantile Bank held its annual customer meeting for its Commercial Banking Division , bringing together hundreds of business owners, entrepreneurs, and executives from across the country for a day of inspiration,... Continue reading →


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