News

Former Israeli Prime Minister Ehud Olmert Linked to Blacklisted Cyber Company Intellexa in International Investigative Project

Posted on Oct 5, 2023 by Ifi Reporter - Dan Bielski

In a recent revelation as part of the international investigative project "Predator Cases," it has come to light that former Israeli Prime Minister Ehud Olmert was associated with the...

Fintech Startup Lendbuzz Raises $45 Million in Equity and $300 Million in Debt, Valued at $1.1 Billion

Posted on Oct 4, 2023 by Ifi Reporter - Dan Bielski

In a remarkable display of resilience amid ongoing high-tech market uncertainty, Lendbuzz, a fintech startup specializing in artificial intelligence-based consumer loans, announced today that it...

Elbit Systems Secures $115 Million Tank Ammunition Contract Following Ukraine War

Posted on Oct 1, 2023 by Ifi Reporter - Dan Bielski

In the wake of the ongoing conflict in Ukraine, Elbit Systems, led by Mickey Federman, is reaping the benefits of the increased demand for its defense products by NATO countries. The Israeli...

Clal Insurance Acquires 8% Stake in Shikun Vabinui Real Estate in NIS 400 Million Deal

Posted on Oct 1, 2023 by Ifi Reporter - Dan Bielski

In a strategic move aimed at reducing its debts, Shikun Vabinui Real Estate, a subsidiary of Shikun Vabinui, has successfully completed a share sale transaction with Clal Insurance. As part...

Electra Wins NIS 212 Million Contract to Revolutionize Waste Collection in Yavne Mizrah Shurk Complex

Posted on Sep 28, 2023 by Ifi Reporter - Dan Bielski

Electra, a prominent member of the Elco group under the leadership of Itamar Deutscher, has secured a NIS 212 million contract to implement a state-of-the-art pneumatic waste collection system....

Materna Baby Food Faces Severe Shortage Due to Factory Shutdown

Posted on Sep 28, 2023 by Ifi Reporter - Dan Bielski

Materna, a renowned manufacturer of baby food substitutes, has announced a critical shortage of its products, leaving consumers in distress. The company, Asem Nestlé, reports that its...

Tatami Asian Restaurant Chain Seeks Trustee Amidst NIS 14 Million Debt Crisis

Posted on Sep 28, 2023 by Ifi Reporter - Dan Bielski

Tatami Asian restaurant chain, a prominent presence in Israel's culinary scene, has submitted a formal request to the District Court in Haifa for the appointment of a trustee. The move comes...

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

Posted on Sep 26, 2023 by Ifi Reporter - Dan Bielski

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...

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

Posted on Sep 26, 2023 by Ifi Reporter - Dan Bielski

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...

Tralight Leading Renewable Energy Company Announces Major Milestone in Canadian Operations

Posted on Sep 22, 2023 by Ifi Reporter - Dan Bielski

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...

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Newsline

El Al Appoints Levi Halevi as New CEO; CFO Yaakov Shahar to Retire

Sep 20, 2026 by Ifi Reporter - Dan Bielski

El Al Israel Airlines announced a major leadership transition this afternoon, with the appointment of Levi Halevi as the airline’s new Chief Executive Officer . The decision was made by El Al’s Board of Directors , following the recommendation of a search committee... Continue reading →

Former NBA Star Omri Casspi Raises $250 Million for Third Venture Fund

Sep 4, 2026 by Ifi Reporter - Dan Bielski

Former NBA player Omri Casspi has raised $250 million for the third fund of his venture capital firm, Swish Ventures, marking another major milestone in his transition from professional basketball to the technology investment world. The new fund brings Swish Ventures' total assets... Continue reading →

Why AI Adoption on the Factory Floor Is Far More Complicated Than a Successful Demo

Aug 25, 2026 by Ifi Reporter - Dan Bielski

The integration of artificial intelligence (AI) has become a major priority for technology companies and startups. Yet when AI solutions move from development environments to the physical factory floor, the reality can be considerably more complex.... Continue reading →


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