News

Bank of Israel intervened in foreign exchange trading on Thursday, causing the dollar to rise

Posted on Sep 3, 2021 by Ifi Reporter

Just before the dollar exchange rate crossed the NIS 3.20 threshold for the first time since mid-January, the Bank of Israel intervened in foreign exchange trading on Thursday, causing the dollar...

Tel Aviv Stock Exchange sums up the past year: 94 new companies were issued in an initial public offering

Posted on Sep 1, 2021 by Ifi Reporter

The Tel Aviv Stock Exchange sums up the past year ahead of Rosh Hashanah next week with a flood of technology and optimism issues mixed with fears of the development of the corona plague -...

OwnBackup, a developer of a leading cloud data protection platform acquires american RevCult

Posted on Sep 1, 2021 by Ifi Reporter

OwnBackup, a developer of a leading cloud data protection platform, announces the acquisition of RevCult, a software company that provides security solutions for the California-based Salesforce...

Playtica acquires the Finnish company Reworks for about $ 600 million

Posted on Sep 1, 2021 by Ifi Reporter

The gaming company Mobile Playtica has announced the acquisition of the Finnish Home Design company Reworks for about $ 600 million. Through the acquisition, the company is expected to leverage...

Elco Group: Revenues increased by 36% to NIS 3.49 billions

Posted on Sep 1, 2021 by Ifi Reporter

The Elco Group today published the financial statements for the second quarter and the first half of 2021. Main results for this quarter: Revenue: Revenue increased by 36% to NIS 3.49 billion,...

Entry by private car in the morning to most cities in the center of the country Entry by private car in the morning to most cities in the center of th

Posted on Aug 31, 2021 by Ifi Reporter

Entry by private car in the morning to most cities in the center of the country - including Rishon Lezion, Herzliya, Petah Tikva and Or Yehuda - and departure in the afternoon, will result in...

The US dollar weakened against the Shekel - fell to NIS 3.11

Posted on Aug 31, 2021 by Ifi Reporter

The US dollar weakened today (Tuesday) in foreign currency trading until it kissed a rate of NIS 3.20, the lowest since January this year. Then the Bank of Israel announced, when the dollar fell...

Israeli DSPG is sold to Synaptics for $ 538 million at a share price of $ 22

Posted on Aug 30, 2021 by Ifi Reporter

The Israeli company DSPG, which is engaged in chip development, is sold to Synaptics for $ 538 million. The deal was executed at a share price of $ 22, a premium of 18% over the share price at...

Prime Minister Naftali Bennett decided to open the school year on September 1 in most parts of the country

Posted on Aug 30, 2021 by Ifi Reporter

Prime Minister Naftali Bennett has announced that he has decided to open the school year on September 1 in most parts of the country, with some adjustments in the outline for the renewal of the...

Fox Group,: record revenues in Q2 of NIS 995.9 million - Increase of 57.3%

Posted on Aug 30, 2021 by Ifi Reporter

The Fox Group, controlled by Harel Wiesel, publishes the second quarter reports for 2021, which show record profits for the group, which generated almost NIS 1 billion in this quarter. The...
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Newsline

"The outline of assistance to the Israeli airlines is noy sufficient"

Sep 23, 2021 by Ifi Reporter

The outline of assistance to the Israeli airlines El Al, Israir and Arkia - proposed by the Ministry of Finance and requiring investments by the controlling shareholders - has met with widespread opposition from the companies. Their managers, Avigal Sorek (El Al), Uri Sirkis (Israir) and Gadi... Continue reading →

The renewable energy company Enlight will sell electricity it will produce in Arizona

Sep 22, 2021 by Ifi Reporter

The renewable energy company Enlight is accelerating the rate of realization of assets it has acquired in the US. The subsidiary Clenera, in which Enlight holds 90% of the share capital, has signed an agreement to sell the electricity it will produce in the 480-440 megabyte solar project Co Bar... Continue reading →

$ 1 billion in funding to replenish the Iron Dome system's interceptor is delayed by congress

Sep 22, 2021 by Ifi Reporter

$ 1 billion in funding to replenish the Iron Dome system's interceptor stock was removed tonight (Tuesday) from the budget law in question in the U.S. House of Representatives - following an internal dispute in the Democratic Party that controls Congress. The clause allowing the... Continue reading →


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