News

Gilat Secures $60 Million Order for Aircraft Internet Antennas, Boosts Backlog and Profitability Outlook

Posted on Aug 20, 2025 by Ifi Reporter - Dan Bielski

Gilat Satellite Networks continues its growth momentum, significantly expanding its order backlog with a $60 million deal to supply electronic antennas for in-flight...

Warning Bells Over Israel’s Gas Market: Price Committee Flags Monopoly Risk Amid Chevron Dominance

Posted on Aug 20, 2025 by Ifi Reporter - Dan Bielski

Israel’s Price Committee — a joint body of the Finance and Energy Ministries — raised serious concerns as early as March over a looming risk in the...

Duolingo Stock Soars 12% as Wall Street Backs AI Strategy and Growth Vision

Posted on Aug 18, 2025 by Ifi Reporter - Dan Bielski

Duolingo shares jumped more than 12% on Tuesday following bullish analyst reports from two major investment firms, which dismissed concerns about the threat of artificial intelligence and set...

Cheers to a Record: Palace Modi'in Resident Exhibits Israel’s Largest Beer Glass Collection

Posted on Aug 17, 2025 by Ifi Reporter - Dan Bielski

A special and spirited exhibition is currently on display at the Palace Modi'in assisted living home , showcasing Israel’s largest beer glass collection — nearly 500 unique...

Cheers to a Record? Palace Modi'in Resident Displays Israel's Largest Beer Glass Collection

Posted on Aug 16, 2025 by Ifi Reporter - Dan Bielski

Residents of the Palace Modi'in assisted living home are raising their glasses in admiration of a unique and spirited exhibition now on display—a collection of approximately 500 beer...

Shfaram's T&E Fashion Complex Begins Exporting Luxury Dresses to UAE

Posted on Aug 15, 2025 by Ifi Reporter - Dan Bielski

The T&E Complex in Shfaram , Israel’s largest fashion complex, has begun exporting luxury evening and wedding dresses to the United Arab Emirates , specifically to high-end...

Israeli Farmers Face Crisis as Drought Compensation Falls Short by NIS 17 Million

Posted on Aug 12, 2025 by Ifi Reporter - Dan Bielski

A historic drought that ravaged Israel’s winter crops in the 2024/25 growing season has left hundreds of farmers in financial peril, as the Agricultural Natural Damage Fund (KENT)...

Milotel Expands Distribution: French Fries to Hit Carrefour Shelves Nationwide

Posted on Aug 11, 2025 by Ifi Reporter - Dan Bielski

"Milotel" , the Israeli manufacturer of French fries and frozen vegetables, is expanding its footprint in the retail market and has signed a new distribution agreement with Carrefour...

Partner Communications Reports Strong Q2 2025 Results: Profit Up 26%, Cash Flow Nearly Doubled

Posted on Aug 11, 2025 by Ifi Reporter - Dan Bielski

Partner Communications Group published its financial results for the second quarter of 2025, reporting strong growth across all major profitability indicators. The company saw a 26% increase in...

Tel Aviv Court Rules IKEA Israel Must Pay Tax on Franchise Fees to Global Parent Company

Posted on Aug 8, 2025 by Ifi Reporter - Dan Bielski

The Tel Aviv District Court has ruled that IKEA Israel must pay tax on franchise fees transferred to its global parent company, rejecting the company's claim that these payments...

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