News

Mobileye has published impressive financial reports showcasing significant progress in various sectors

Posted on Jul 31, 2023 by Ifi Reporter - Dan Bielski

Mobileye, the leading autonomous driving technology company, has recently published impressive financial reports showcasing significant progress in various sectors. What's particularly...

Israel Credit Card Company Agrees to Compensate Businesses in Settlement Deal

Posted on Jul 30, 2023 by Ifi Reporter - Dan Bielski

The Israel Credit Card Company (KAL) has reached a settlement agreement in a class-action lawsuit, leading to the direct compensation of eligible businesses. The settlement, approved today by the...

Netanyahu and Regev Announce Ambitious "Plan to Connect Israel in a Railroad Network"

Posted on Jul 30, 2023 by Ifi Reporter - Dan Bielski

In a groundbreaking move, Prime Minister Binyamin Netanyahu and Transport Minister Miri Regev unveiled the "Plan to Connect Israel in a Railroad Network" today, aimed at revolutionizing...

Government will Approve Increase Stipends for Ultra-Orthodox Students Despite Controversy

Posted on Jul 29, 2023 by Ifi Reporter - Dan Bielski

In a recent announcement on "Kan" 11, the government has decided to approve an increase in allowances for ultra-Orthodox students studying in yeshivot, totaling NIS 164 million. The...

Verbit has announced approximately 60 employees being laid off - 20 in Israel

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

In a strategic move aimed at optimizing operations and attaining profitability, Verbit, a prominent developer of digital transcription solutions, has announced a workforce restructuring that will...

Protests Erupt Across Israel Over Legal Revolution and Alleged Hate Crimes

Posted on Jul 27, 2023 by Ifi Reporter - Dan Bielski

Protests erupted in several locations across the country on Thursday evening, including the Kaplan intersection in Tel Aviv, where the main demonstration took place. The protests came after a...

Credit rating agency Ma'alot S&P has raised the debt rating outlook for Partner

Posted on Jul 27, 2023 by Ifi Reporter - Dan Bielski

Credit rating agency Ma'alot S&P has raised the debt rating outlook for Partner, one of Israel's leading companies, from stable to positive. The company's credit rating remains...

CEO of the stock exchange, Itai Ben Ze'ev: Moody's report is a wake-up call to the Israeli government

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

The CEO of the stock exchange, Itai Ben Ze'ev, referred to the unusual report for investors issued by the rating agency Moody's, and said that "the Moody's report released...

Eged Company Inspector of Ethiopian Origin Files Defamation Lawsuit Against Passenger Over Racist Incident

Posted on Jul 25, 2023 by Ifi Reporter - Dan Bielski

Eged company inspector of Ethiopian origin has taken legal action against a female passenger who subjected her to racist and offensive language while she was performing her duties. The incident...

Teva Expands Strategic Partnership with Alvotech Despite FDA Approval Delay for Biosimilar Drugs

Posted on Jul 25, 2023 by Ifi Reporter - Dan Bielski

Pharmaceutical giant Teva has announced its decision to further collaborate with Icelandic company Alvotech, expanding their strategic partnership despite ongoing delays in FDA approval for...

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