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Bank Leumi Introduces English Language Option in Mobile App Pioneering Accessibility for Non-Hebrew Speakers
Posted on Aug 17, 2023 by Ifi Reporter
Bank Leumi, one of Israel's leading financial institutions, is set to launch an English-language version of its mobile banking application. The new version, scheduled to be released at the...
Electric Company unveiled its financial statements for the first half: net profit of approximately NIS 0.74 billion
Posted on Aug 17, 2023 by Ifi Reporter
Electric Company unveiled its financial statements for the first half of 2023, revealing a net profit of approximately NIS 0.74 billion. This figure marked a decline from the prior year's...
Tel Aviv University Ranks Second Globally in Producing Unicorn Founders, Stanford Tops List
Posted on Aug 16, 2023 by Ifi Reporter
In a recent study conducted by Prof. Ilya Strabolev, an esteemed entrepreneurship researcher from the Stanford University School of Business Administration, Tel Aviv University has secured the...
Isracard Reports Impressive Growth with Doubling of Interest Income and Record Quarterly Revenues
Posted on Aug 16, 2023 by Ifi Reporter
Isracard, a prominent player in the credit market in Israel, has recently released its quarterly reports, showcasing a remarkable growth trend in its credit portfolio. The company's credit...
Bank Leumi reported a stellar performance in the second quarter, with earnings of NIS 2.45 billion
Posted on Aug 16, 2023 by Ifi Reporter
The Israeli banking sector has witnessed impressive growth in the second quarter of 2023, with several major banks reporting substantial increases in profits and market value. Bank Leumi, managed...
Discount Group Reports Strong Financial Results Amidst High Interest Rate Environment
Posted on Aug 15, 2023 by Ifi Reporter
High-interest rate environment, banks are reaping substantial profits, a trend exemplified by the impressive performance of the Discount Group. The Group recently released its financial results...
Mizrahi-Tefahot Bank Reports Impressive Financial Results for Q2 2023, Driven by Strong Profits and Expansion
Posted on Aug 15, 2023 by Ifi Reporter
Mizrahi-Tefahot Bank, a leading financial institution in Israel, has reported stellar financial results for the second quarter of 2023. These results underscore the bank's steady progress and...
Ultra-Orthodox Male Employment Rate Reaches All-Time High, Signaling Positive Shift in Trends
Posted on Aug 15, 2023 by Ifi Reporter
The employment rate of ultra-Orthodox men has surged to an all-time high of 55.8% in the second quarter, according to the latest data from the Central Bureau of Statistics (CBS). This milestone...
Egged's Inaugural Bond Issue Sees Over NIS 1 Billion in Demands
Posted on Aug 14, 2023 by Ifi Reporter
Egged, a prominent bus company controlled by the Keystone Foundation and the teacher and kindergarten funds with a 60% stake, has successfully garnered demands exceeding NIS 1 billion in its...
Volcani Institute Faces Budgetary Challenges - Research will be Impacted
Posted on Aug 12, 2023 by Ifi Reporter
Volcani Institute, a pioneering hub for agricultural research, has encountered fiscal constraints that have prompted a series of measures aimed at addressing the financial hurdles. The...
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