News

Cybersecurity Giant Cyber Wiz Raises Record-Breaking $1 Billion in Funding

Posted on May 7, 2024 by Ifi Reporter - Dan Bielski

Cybersecurity firm Cyber Wiz (WIZ) has made headlines with its recent fundraising round, securing an impressive $1 billion at a valuation of $12 billion. The fundraising effort included a...

Two IDF soldiers were killed Monday by an explosive Hezbollah drone blast

Posted on May 7, 2024 by Ifi Reporter - Dan Bielski

Two IDF soldiers - Acting Master Sergeant Dan Kamhaji, 31 years old from Kfar Oranim, and Acting Master Sergeant Nachman Natan Hertz, 31 years old from Elazar - were killed yesterday (Monday) by...

Israeli Authorities Raid Al Jazeera Offices in Jerusalem Following Government Decision to Close Network

Posted on May 5, 2024 by Ifi Reporter - Dan Bielski

Israeli police conducted a raid on the offices of the Qatari-based Al Jazeera network located in the Ambassador Hotel in Jerusalem on Sunday. This operation followed the Israeli government's...

Deficit in the government's activities climbed in May and reached 7.2%

Posted on May 5, 2024 by Dan Bielski

The deficit in the government's activities climbed in May and reached 7.2% , compared to a deficit of 7% in April - according to the budget execution estimate of the Accountant...

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

Posted on May 4, 2024 by Ifi Reporter - Dan Bielski

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...

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

Posted on May 3, 2024 by Ifi Reporter - Dan Bielski

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...

United Airlines Extends Flight Suspension to Israel Amidst Ongoing Security Concerns

Posted on May 1, 2024 by Ifi Reporter - Dan Bielski

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...

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

Posted on Apr 30, 2024 by Ifi Reporter - Dan Bielski

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...

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

Posted on Apr 27, 2024 by Ifi Reporter - Dan Bielski

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...

NVIDIA has announced the acquisition of Israeli startup Run:ai - will pay approximately $600 million

Posted on Apr 24, 2024 by Ifi Reporter - Dan Bielski

In a strategic move to bolster its artificial intelligence (AI) capabilities, technology giant NVIDIA has announced the acquisition of Israeli startup Run:ai. While the exact amount of the...

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