News

Israeli company Cyberark announced it has signed an agreement to purchase Venafi for $1.54 billion

Posted on Aug 19, 2024 by Ifi Reporter - Dan Bielski

A huge high-tech deal: The Israeli company Cyberark announced that it has signed an agreement to purchase Venafi for $1.54 billion - $1 billion in cash and the balance in Cyberark shares....

Zim shipping company published excellent reports for the second quarter

Posted on Aug 19, 2024 by Ifi Reporter - Dan Bielski

The Zim shipping company controlled by Idan Ofer published excellent reports for the second quarter of 2024 and raised the forecast for the entire year. Zim shares jump more than 14% in...

Shanghai ranking: Three Israeli institutions were ranked among the 100 best universities

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

The Israeli academy maintained its position in the Shanghai ranking, the world's most important university ranking. Three Israeli institutions were ranked among the 100 best universities in...

Discount Bank Reports Strong Q2 2024 Financial Results with NIS 1.04 Billion Net Profit

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

Discount Bank has released its financial statements for the second quarter of 2024, reporting a robust net profit of NIS 1.04 billion. The return on equity for Israel’s fourth-largest bank...

Israel Aerospace Industries Reports Record Profits and Growth in First Half of 2024

Posted on Aug 14, 2024 by Ifi Reporter - Dan Bielski

In the first half of 2024, IAI achieved a net profit of $294 million, a 78% increase from the $165 million reported in the same period last year, making it the most profitable half-year in the...

Bank Leumi Reports NIS 2.2 Billion Profit for Q2 2024 Despite Setbacks from National Valley Investment

Posted on Aug 14, 2024 by Ifi Reporter - Dan Bielski

Bank Leumi’s attributed equity increased by 12.9%, reaching NIS 58.4 billion at the end of Q2 2024, compared to NIS 51.8 billion in the same period last year. The bank's...

Canadian company Element Fleet purchased the Israeli Autofleet for approximately 110 million

Posted on Aug 13, 2024 by Ifi Reporter - Dan Bielski

The Canadian company Element Fleet, traded on the Toronto Stock Exchange, purchased the Israeli company Autofleet for approximately 110 million dollars. Element Fleet is the world's...

60-Year-Old Israeli Man Seriously Injured in Qalqilya Shooting - Terrorist Killed During Pursuit

Posted on Aug 12, 2024 by Ifi Reporter - Dan Bielski

A 60-year-old Israeli man was seriously injured in a shooting attack near a garage in Qalqilya on Monday. The man, who was initially treated at the Dervish Nazal Medical Center in the city, was...

willi-food concludes a quarter with a strong improvement in profitability

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

willi-food concludes a quarter with a strong improvement in profitability - thanks, among other things, to the decrease in the cost of importing products (which did not lead to a reduction in...

Wix Reports Strong Q2 Performance with Increased Revenue and User Growth

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

IAI's Aviation Division has won three tenders, totaling about $ 50 million, in the field of aircraft improvements in South Korea. Winning tenders over the past year includes improving systems...

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