News
Wysotsky Announces Price Increases Across Multiple Product Lines Amid Rising Costs
Posted on Jan 5, 2025 by Ifi Reporter
The Wysotsky company, a dominant player in Israel’s tea market, has announced price hikes across several of its product categories, citing rising input costs and other economic pressures....
Bar Association Releases December 2024 Law Certification Exam Results: Pass Rate Drops to 32%
Posted on Jan 5, 2025 by Ifi Reporter
The Bar Association has published the results of the December 2024 law certification exam, revealing a significant drop in the pass rate compared to...
Israel to Shift Stock Market Trading Days to Monday-Friday, Ending Sunday-Thursday Schedule
Posted on Dec 30, 2024 by Ifi Reporter
Israel is set to transition its stock market trading days from the current Sunday-Thursday schedule to a Monday-Friday format, in a move designed to...
IAI Reports Record Backlog Surge in Profits and Impressive Growth in Q3 2024
Posted on Dec 20, 2024 by Ifi Reporter
Israel Aerospace Industries (IAI) has released its third-quarter financial results for 2024, showcasing robust growth across key metrics. The company reported a record backlog of $25 billion, a...
Partner Communications Launches New Retail Division to Boost Growth
Posted on Dec 18, 2024 by Ifi Reporter
Partner Communications Group announced yesterday the establishment of a new retail division to enhance the company’s retail and store operations. The division, which combines trade and...
Ad 120 Acquires Gil Paz Assisted Living Facility for NIS 126 Million - Strengthening Its Position in the Sharon Region
Posted on Dec 17, 2024 by Ifi Reporter
Ad 120, a leading chain of assisted living facilities, has announced the acquisition of the Gil Paz Home in Kfar Saba for NIS 126 million. The deal, which marks the first acquisition for Ad 120,...
Fortinet announced the completion of the acquisition of Israeli cyber company Perception Point
Posted on Dec 11, 2024 by Ifi Reporter
information security giant Fortinet announced the completion of the acquisition of Israeli cyber company Perception Point. The scope of the deal was not disclosed. Fortinet is traded on the...
Nokia Acquires Rapid API in a Move to Strengthen Developer Platform Offerings
Posted on Nov 13, 2024 by Ifi Reporter
Nokia has announced the acquisition of Rapid API, a startup that developed a platform designed to streamline the integration of applications and interfaces for developers. Rapid API was founded...
Solaredge Shares Plunge 22% After Major Revenue Drop and Leadership Changes
Posted on Nov 7, 2024 by Ifi Reporter
Shares of Solaredge Technologies Inc. plunged 22% in after-hours trading following the release of disappointing third-quarter results, which included a massive revenue decline and a significant...
Bezeq Gen Signs $1.2 Billion Agreement with Prime Energy: Long-Term Deal to Supply Electricity from Storage and Solar Facilities
Posted on Nov 3, 2024 by Ifi Reporter
Bezeq Gen, the private electricity supplier owned by Bezeq and Power Gen, has signed a significant agreement with Prime Energy, controlled by Yaron Kikoz and Hav AL. The deal, valued at...
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