News

Affinity Fund Led by Jared Kushner Completes 15% Acquisition of Shlomo Group's Automotive Operations

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

Shlomo Group has successfully concluded a deal to sell 15% of its automotive operations to the Affinity Fund, headed by Jared Kushner. The completion of this transaction marks Affinity Fund's...

in settlements surrounding Gaza the educational institutions will be reopening

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

Security restrictions in settlements surrounding Gaza have been relaxed from 18:00, allowing for the reopening of educational institutions and expanded gatherings in the area. This change in...

Shikma Bresler Files Defamation Lawsuit Against Knesset Member Tali Gottlieb and Activists Over Conspiracy Theory

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

In a significant legal development, Shikma Bresler, a prominent leader of the protest against the legal revolution, has filed a defamation lawsuit totaling NIS 2.6 million against Knesset member...

Wealthy Donor Ken Griffin Halts Harvard Support Over University Conduct in the Hamas war

Posted on Jan 31, 2024 by Ifi Reporter - Dan Bielski

Billionaire hedge fund manager Ken Griffin has declared an end to his financial support for Harvard University, one of the most prestigious institutions globally. Griffin, known for his...

"Partner Secures Dominant Position in Government Communication Tender, Avi Gabai at the Helm"

Posted on Jan 31, 2024 by Ifi Reporter - Dan Bielski

In a recent development, Partner, under the leadership of Avi Gabai, and Cellcom, managed by Daniel Sapir, emerged victorious in the tender issued by the Accountant General of the Ministry of...

Ben & Jerry's Israel to Invest NIS 130 Million in State-of-the-Art Factory in Kiryat Gat

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

  In a strategic move to expand its operations and bring cutting-edge innovations to the Israeli food industry, Ben & Jerry's Israel has announced plans to establish a new...

Mortgage Market Faces Slump Amidst Ongoing War - Lowest Figures Since October 2019

Posted on Jan 29, 2024 by Ifi Reporter - Dan Bielski

The conflict that erupted on October 7 has left its mark on the Israeli mortgage market, with a notable decline in mortgage activity. According to the Bank of Israel, the total amount of mortgages...

BIRD Foundation Invests $9.6 Million in Innovative US-Israel Joint Projects

Posted on Jan 28, 2024 by Ifi Reporter - Dan Bielski

The BIRD Foundation, the renowned Israel-USA Binational Foundation for Industrial Research and Development, has greenlit an investment of $9.6 million in ten groundbreaking joint projects between...

Turkish Airlines Cancels Flights to Israel Until October 2024 Amid Escalating Diplomatic Crisis

Posted on Jan 28, 2024 by Ifi Reporter - Dan Bielski

Turkish Airlines has announced the cancellation of its flights to Israel until the end of October 2024, raising questions about the future of air travel between the two countries. The decision...

Bezeq and Generation Fund Announce Groundbreaking Partnership in the Electricity Sector

Posted on Jan 28, 2024 by Ifi Reporter - Dan Bielski

Bezeq, Israel's largest telecommunications company, and the Generation Fund revealed the signing of a memorandum of understanding for a strategic collaboration. The partnership aims to...

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BRICKSTONE Reports 16% Surge in Safe Deposit Box Rentals by Israelis Living in Western Europe

Oct 16, 2026 by Ifi Reporter - Dan Bielski

 BRICKSTONE, a company operating three private, high-security safe deposit facilities in Israel, has reported an approximately 16% increase over the past month in safe deposit box rentals by Israelis living in France, Germany, the United Kingdom and Belgium. The company attributes... Continue reading →

Finance Ministry Delay Threatens Entry of 50,000 Foreign Workers into Israel

Oct 16, 2026 by Ifi Reporter - Dan Bielski

A dispute over a NIS 10 million budget transfer from Israel’s Finance Ministry is reportedly holding up a government plan to increase the permitted share of foreign workers in the Israeli economy, potentially delaying the arrival of 50,000 additional workers across several key sectors.... Continue reading →

Shoofra Opens New Store at Israel’s Golden Mall, Investing NIS 1 Million

Oct 16, 2026 by Ifi Reporter - Dan Bielski

 Shoofra, the Israeli footwear retailer known for its colorful, original designs and distinctive shoe brands, has opened a new store on the newly inaugurated floor of Golden Mall in Rishon LeZion. The 170-square-meter store represents an investment of approximately NIS 1 million... Continue reading →


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