News

venture capital fund 10D announces the raising of 245 million dollars for two funds

Posted on Dec 20, 2022 by Ifi Reporter

 The venture capital fund 10D announces the raising of 245 million dollars for two funds - the main fund to invest in early-stage companies and another fund that will invest in selected...

Zoglovac: January 1, 2023, all its meat products will increase in price by 9.8%

Posted on Dec 14, 2022 by Ifi Reporter

Zoglovac is riding the wave and joining the flood of price increases that no one is stopping: the company announced today (Wed) that on January 1, 2023, all its meat products and Zoglovac Teva...

Jaron Lotan has been nominated as CEO of the Bird foundation and he will succeed Dr. Eitan Yudilevich

Posted on Dec 12, 2022 by Ifi Reporter

The Board of Governors of the BIRD Foundation has selected. Jaron Lotan to serve as the new Executive Director for the BIRD Foundation. Mr. Lotan will succeed Dr. Eitan Yudilevich, who has served...

Kenny Rosenberg owner of El Al wants to increase his holdings in the company by convert part of his loans into El Al's shares

Posted on Dec 12, 2022 by Ifi Reporter

Kenny Rosenberg, the controlling owner of El Al, wants to increase his holdings in the company. The company's board of directors appointed an independent committee to examine the proposal of...

Strauss board of directors ordered the company's management to examine raising a debt of NIS 400 million

Posted on Dec 8, 2022 by Ifi Reporter

Strauss board of directors ordered the company's management to examine raising a debt of NIS 400 million. The debt raised from a bank, other financial institution or by issuing bonds will be...

Israeli cyber company CyCognito laid off about 30 employees - about 15% of the company's workforce

Posted on Dec 8, 2022 by Ifi Reporter

The Israeli cyber company CyCognito (CyCognito) laid off about 30 employees, which make up about 15% of the company's workforce of 185 employees in Israel and the United States. According to...

CloudWize and Kyndryl Israel have entered into a strategic partnership to enables companies to have maximum cloud security

Posted on Dec 8, 2022 by Ifi Reporter

CloudWize and Kyndryl Israel announced today that the companies have entered into a strategic partnership to help bring cloud security and compliance to more businesses in Israel, across the...

In November, a budget deficit of approximately 1.2 billion shekels was measured

Posted on Dec 8, 2022 by Ifi Reporter

In November, a budget deficit of approximately 1.2 billion shekels was measured, and the cumulative budget surplus in the last 12 months is reduced to 0.4% of GDP (approximately 7.5 billion...

Tigo Energy may merge with Spak under the name Roth CH Acquisition IV at a value of 600 million dollars

Posted on Dec 7, 2022 by Ifi Reporter

Zvi Alon's Tigo Energy may merge with Spak under the name Roth CH Acquisition IV at a value of 600 million dollars. Tigo provides solar and energy storage solutions and the merger is expected...

Univo Pharmaceutical that supplies medical cannabis products request to delay proceedings due to 40 million $ debts

Posted on Dec 6, 2022 by Ifi Reporter

The medical cannabis company Univo Pharmaceutical Industries, which manufactures and supplies medical cannabis products in Israel, as well as a number of subsidiaries it owns, submitted an urgent...

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Newsline

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 →

Israeli Mortgage Market Sees Average Decrease in March Despite Recovery in Activity

Apr 30, 2024 by Ifi Reporter

March saw a surprising turn in the Israeli mortgage market, with the average mortgage amount decreasing significantly despite a reported recovery in market activity. Data released by the Bank of Israel indicates a notable decline in the average mortgage compared to previous months, marking the... Continue reading →

DF Responds to Rocket Barrage from Southern Lebanon - Israeli Settlements Targeted

Apr 27, 2024 by Ifi Reporter

Reports emerged from Arab networks detailing an IDF response to a barrage of rockets launched from southern Lebanon towards settlements near Miron. The attack, occurring on the night between Saturday and Sunday, prompted alerts of rocket and missile fire in several areas, including Sapsofa,... Continue reading →


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