News

Finance Minister Bezalel Smotrich will extend the term of the Director of the Tax Authority Eran Yaakov by half a year to a year

Posted on Jan 9, 2023 by Ifi Reporter

Finance Minister Bezalel Smotrich will extend the term of the Director of the Tax Authority Eran Yaakov by half a year to a year. Yaakov was supposed to finish his five-year term on March 18 of...

"We may have to raise the interest rate beyond four percent if inflation continues to rise"

Posted on Jan 9, 2023 by Ifi Reporter

"We may have to raise the interest rate beyond four percent if inflation continues to rise more than expected, and demand does not decrease." This forecast, which heralds for the first...

More layoffs: At least 50 employees from Minute Media are going home

Posted on Jan 8, 2023 by Ifi Reporter

If anyone had any doubts as to whether high-tech companies have gone through their difficult period, he should be fooled. Minute Media has developed a video advertising platform that enables the...

Families of terror victims will receive more than 100 million shekels - instead of the Palestinian Authority

Posted on Jan 8, 2023 by Ifi Reporter

Families of terror victims will receive more than 100 million shekels - instead of the Palestinian Authority, so decided Finance Minister Bezalel Smotrich, who signed the transfer of funds. He...

Shortage of Tnuva carton milk and imported butter is expected to increase in the coming days

Posted on Jan 7, 2023 by Ifi Reporter

The shortage of Tnuva carton milk and imported butter is expected to increase in the coming days: at the end of the week, retailers reported a delay in the supply of Tnuva carton milk and a...

Clal Insurance becomes the first institutional body to invest in the digital bank of Nir Tzuk Esh

Posted on Jan 7, 2023 by Ifi Reporter

Clal Insurance becomes the first institutional body, and for the time being the only one, to invest in the digital bank of Nir Tzuk esh. Clal, which is a company without the idea of control,...

Histadrut authorized the State Employees union to declare a labor dispute

Posted on Jan 5, 2023 by Ifi Reporter

Chairman of the Histadrut Arnon Bar David authorized the Histadrut of State Employees to declare a labor dispute. The reason for this step is the dismantling and splitting of units and...

The start-up Pecan also joins the series of layoff announcements: 30 employees will go home

Posted on Jan 5, 2023 by Ifi Reporter

After the Christmas and New Year holidays ended, the layoffs in Israeli and global hi-tech resumed at a high rate. The start-up Pecan also joins the series of layoff announcements of the last two...

A decrease in the average wage in October: NIS 11,443 gross per month for all employees

Posted on Jan 4, 2023 by Ifi Reporter

A decrease in the average wage in the economy in October prevented an even greater increase in the salaries of senior executives, the minimum wage and the National Insurance benefits. Data...

Finance Minister Bezalel Smotrich has decided to appoint Shlomi Heisler as Director General of the Ministry

Posted on Jan 3, 2023 by Ifi Reporter

Finance Minister Bezalel Smotrich has decided to appoint Shlomi Heisler as Director General of the Ministry of Finance. Heisler will end his position as Chairman of the National Planning Staff at...

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J.P. Morgan Report: Turkey's Trade Freeze with Israel May Have Limited Impact

May 4, 2024 by Ifi Reporter

In a special report circulated to its clients, J.P. Morgan, the world's largest investment bank, highlighted Turkey's recent decision to freeze trade with Israel "until a permanent ceasefire in Gaza" and its potential impact on Israeli trade. The report underscores the... Continue reading →

Electra Group Secures Lucrative Contract for JFK Airport Terminal 1 Lighting System Construction

May 3, 2024 by Ifi Reporter

Expanding its foothold in the United States, Electra Group has announced a significant milestone as its subsidiary, Gilston (51% owned), clinched a subcontracting deal for the construction of the lighting system in the forthcoming Terminal 1 at JFK Airport in New York. The lucrative contract,... Continue reading →

United Airlines Extends Flight Suspension to Israel Amidst Ongoing Security Concerns

May 1, 2024 by Ifi Reporter

United Airlines has announced an extension of its flight suspension to Israel following the recent missile and drone attack by Iran. The American carrier, which initially halted its operations in Israel until May 2, will now refrain from resuming flights until at least May 9, citing ongoing... Continue reading →


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