News

Matrix announced the acquisition of 70% of the control of the company 'Zebra Technologies at a value of NIS 65 million

Posted on Jan 2, 2023 by Ifi Reporter

The technology giant Matrix announced the acquisition of 70% of the control of the company 'Zebra Technologies (Zebra AGR Technologies Ltd.), which specializes in providing innovative...

Average wage freeze ended at the beginning of 2023: Officials will get up to 13,000 NIs more a month

Posted on Jan 2, 2023 by Ifi Reporter

The average wage freeze in the economy due to the Corona crisis ended at the beginning of 2023 and the result - a huge jump in the wages of judges, members of the Knesset, ministers and other...

Academic Staff Organizations at the Universities announced a labor dispute that will come into force in about two weeks

Posted on Jan 2, 2023 by Ifi Reporter

The Coordinating Council of the Academic Staff Organizations at the Universities announced a labor dispute that will come into force in about two weeks - at which point the members of the senior...

Eyal Dror, CEO of Strauss Israel announced his request to end his position after five years

Posted on Dec 28, 2022 by Ifi Reporter

The personnel changes in the Strauss group continue. After the retirement of the group's previous CEO, Giora Bar Dea, who was replaced by Shai Babad, former CEO of the Ministry of Finance,...

Dan Transport acquires the Portuguese TST which operates in Lisbon

Posted on Dec 28, 2022 by Ifi Reporter

Dan Transport company signed its first purchase agreement outside Israel's borders. Dan acquires the Portuguese TST, which operates bus service lines in the capital of Portugal, Lisbon. The...

Metropolin, won a competitive process to operate the Eshkol Hasharon cluster

Posted on Dec 27, 2022 by Ifi Reporter

Generation Capital reported this morning to the stock exchange that the company it owns, Metropolin, won a competitive process to operate the Eshkol Hasharon cluster. This announcement joined the...

In 2022 more construction permits for employment areas were granted than residential

Posted on Dec 25, 2022 by Ifi Reporter

The report of the Central Bureau of Statistics published this week indicates a clear trend of a decrease in residential construction starts, which threatens to significantly exacerbate the real...

Aaron Frankel exercised the option to purchase 11% of the Tamar reservoir from the Government Investment Fund

Posted on Dec 25, 2022 by Ifi Reporter

Businessman Aaron Frankel exercised the option to purchase 11% of the Tamar reservoir from the Government Investment Fund of Abu Dhabi for $522 million through Union Energy. Frankel completed the...

Caesar Stone Company completed layoffs of 200 employees, which is 10% of the company's workforce

Posted on Dec 24, 2022 by Ifi Reporter

Two months after lowering forecasts for 2022, and at the same time as the share price fell by 49% since the beginning of the year to a low that reflects a market value of $200 million, the Caesar...

cost of living also have a negative effect on the activities of the association: there is a 5% decrease in the volume of donations in the last year

Posted on Dec 21, 2022 by Ifi Reporter

The economic situation and the cost of living also have a negative effect on the activities of the associations. This is evident in the 5% decrease in the volume of donations in the last year -...

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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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