News

Cellcom Reports Strong Second Quarter 2023 Results with Continued Revenue Growth

Posted on Aug 12, 2023 by Ifi Reporter

Cellcom, a leading telecommunications company, has announced its financial results for the second quarter of 2023, marking its sixth consecutive quarter of revenue growth. The company's...

Cellcom Overcomes Device Sales Decline with Strong Communication Service Revenues, Faces Legal Setback

Posted on Aug 10, 2023 by Ifi Reporter

Cellcom , a prominent player in the telecommunications industry, showcased resilience in the face of a global slowdown in mobile device sales. The company's strategy of focusing on...

Energix's Profits Decline Amidst Rapid US Expansion of Renewable Energy Ventures

Posted on Aug 9, 2023 by Ifi Reporter

The prominent renewable energy firm, Energix, has encountered a setback in its financial performance during the second quarter of 2023. The company's ambitious expansion efforts in the United...

Israeli Average Salary Sees Mixed Trends in 2023: CBS Report

Posted on Aug 9, 2023 by Ifi Reporter

The Central Bureau of Statistics (CBS) has released its latest data highlighting the salary landscape in Israel for the year 2023, revealing a combination of growth and fluctuations across...

The US dollar demonstrated strength and rose to 3.72 shekels

Posted on Aug 8, 2023 by Ifi Reporter

The US dollar demonstrated strength in morning trading on Tuesday, boosted by China's lackluster trade data and Moody's announcement regarding the downgrade of ten smaller American banks....

Histadrut and the Local Government Center ratified a new salary agreement for education supporters in kindergartens

Posted on Aug 8, 2023 by Ifi Reporter

The Histadrut and the Local Government Center, which represents local authorities, have officially ratified a new salary agreement for education supporters in kindergartens, schools, and special...

Anis a prominent health products chain has filed an urgent freeze request of proceedings against it

Posted on Aug 7, 2023 by Ifi Reporter

Anis, a prominent health products chain operating 27 branches across the country, has filed an urgent request with the Jerusalem District Court, seeking a temporary freeze of proceedings and the...

Tax Disparities and Welfare Support Divide Non-Orthodox and Orthodox Jewish Households

Posted on Aug 6, 2023 by Ifi Reporter

In a country with a diverse population, the issue of tax discrepancies and welfare support has sparked debates between non-Orthodox and Orthodox Jewish households. Recent statistics reveal...

Forbes' Weekly Ranking Reveals Minor Shifts in Israel's Richest Individuals: . Miriam Adelson is first

Posted on Aug 5, 2023 by Ifi Reporter

In Forbes' latest weekly ranking of the world's wealthiest, the Israeli billionaires have seen some fluctuations in their fortunes. Miriam Adelson continues to hold the top spot among...

Record High Employment Rate Among Ultra-Orthodox Men in Second Quarter

Posted on Aug 2, 2023 by Ifi Reporter

The employment rate of ultra-Orthodox men reached an all-time high of 55.8% in the second quarter, according to the Central Bureau of Statistics' (CBS) employment target collection. This...
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Newsline

Netflix Collaborates with Wooga to Launch Mystery Game "Ghost Detective"

Sep 26, 2023 by Ifi Reporter

Netflix has joined forces with Wooga, a renowned Israeli game company under the Playtica umbrella, to introduce "Ghost Detective," an immersive mystery and detective game. This unique partnership brings the game directly to the screens of Netflix subscribers as part of the expanding... Continue reading →

Big Shopping Centers Acquires Seven-Star House in Herzliya for NIS 225 Million

Sep 26, 2023 by Ifi Reporter

Big Shopping Centers has purchased the esteemed Seven-Star House in Herzliya from Beit HaZhav for a sum of NIS 225 million, reflecting the net value of the property on the company's books as of the conclusion of 2022. The acquisition, disclosed by Beit HaZhav today, marks a strategic move... Continue reading →

Tralight Leading Renewable Energy Company Announces Major Milestone in Canadian Operations

Sep 22, 2023 by Ifi Reporter

Tralight, a prominent player in the field, has taken a significant step forward in its Canadian operations. The company has officially confirmed the signing of a memorandum of understanding (MOU), subject to a binding agreement, for the sale of electricity worth approximately NIS 800 million.... Continue reading →


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