News

Israeli lecturer Prof. Shay Davidei from Columbia University has been temporarily banned from campus

Posted on Oct 16, 2024 by Ifi Reporter - Dan Bielski

Israeli lecturer Prof. Shay Davidei, from Columbia University's School of Business Administration, has been temporarily banned from campus following...

Tus Airways Expands Routes in Israel Ahead of Sukkot: New Flights to Europe and Central Asia

Posted on Oct 15, 2024 by Ifi Reporter - Dan Bielski

Tus Airways, the Cypriot airline, has announced an expansion of its flight routes in Israel in anticipation of the upcoming Sukkot holiday. Starting today, the airline will introduce...

Israel Railways Announces Year-Long Train Service Reductions for Electrification Works

Posted on Oct 15, 2024 by Ifi Reporter - Dan Bielski

Israel Railways has announced a series of train service reductions starting October 27, affecting several stations in southern Israel and the north, as part of ongoing...

Tragic Loss: Sergeant Itai Fogel has been Killed in Southern Gaza

Posted on Oct 11, 2024 by Ifi Reporter - Dan Bielski

Sergeant Itai Fogel, a 22-year-old tank commander in the 46th Battalion, was killed in action in the southern Gaza Strip. Itai's passing marks a heartbreaking loss for his family and...

European Aviation Safety Agency Eases Flight Restrictions Over Israeli Airspace

Posted on Oct 9, 2024 by Ifi Reporter - Dan Bielski

The European Aviation Safety Agency (EASA) has revised its earlier recommendation from September, which advised airlines against operating in Israeli airspace. In a new directive released on...

Bank of Israel's Foreign Currency Reserves Hit Record High Amid Global Market Revaluation: Reserves Climb to $220.37 Billion

Posted on Oct 8, 2024 by Ifi Reporter - Dan Bielski

At the end of September, the portfolio of foreign currency balances at the Bank of Israel continued to increase in value to a record level of $220.37 billion. The increase in value is due to a...

Benny Landa's laboratory diamond company, Lusix, will be sold for only NIS 9.5 million

Posted on Sep 29, 2024 by Ifi Reporter - Dan Bielski

Benny Landa's laboratory diamond company, Lusix, will be sold for only NIS 9.5 million (approximately $2.5 million) to the Japanese investor Panoji Fujimori, owner of the public EDP company...

Bank of Israel Confirms: No Plans to Cancel 200 Shekel Bill

Posted on Sep 26, 2024 by Ifi Reporter - Dan Bielski

In response to recent public concerns, the Bank of Israel has officially confirmed that it does not plan to cancel the 200 shekel note. "Cancellation of the note is not on the agenda,"...

Fox Launches Independent Online Store After Years of Terminal X Exclusivity

Posted on Sep 25, 2024 by Ifi Reporter - Dan Bielski

After years of selling its products online through Terminal X, the Fox Group has finally launched an independent online sales website for its flagship Fox brand. The move comes after the company...

Fitch Upgrades Teva's Credit Rating Citing Debt Reduction and Growth Prospects

Posted on Sep 20, 2024 by Ifi Reporter - Dan Bielski

Fitch Ratings has upgraded Teva Pharmaceutical Industries' credit rating from BB- to BB, raising the rating of the company’s unsecured bonds to the same level....

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