News

Elbit presents record results: 13% increase in revenue last year and crossed the $ 5 billion a year mark

Posted on Mar 29, 2022 by Ifi Reporter

Elbit presents record results for 2021. The company recorded a 13% increase in revenue last year and crossed the $ 5 billion a year mark for the first time, to $ 5.28 billion. Elbit posted a...

Less intentions to fine businesses that harm consumers

Posted on Mar 27, 2022 by Ifi Reporter

Less intentions to fine businesses that harm consumers: The Consumer Protection Authority summarizes its activities for 2021, and presents in the report the variety of businesses that allegedly...

The Ministry of Transportation increase by3.8% the price of travel in taxis

Posted on Mar 27, 2022 by Ifi Reporter

The Ministry of Transportation announces tonight (Sunday) a 3.8% increase in the price of travel in special taxis (special) and service taxis. According to the ministry, the rise in prices, which...

Ace, or in its new name, Multi-Rail: competition commissioner approved its acquisition of the retail furniture chains Beitili, Urban and IDDesign

Posted on Mar 23, 2022 by Ifi Reporter

Ace, or in its new name, Multi-Rail - which owns the Ace, Auto Depot and Ace Electric chains - announced that the competition commissioner, Michal Cohen, has approved its acquisition of the...

Azrieli's empire is worth NIS 34.1 billion on the stock exchange - Net profit amounted to NIS 2.9 billion in 2021

Posted on Mar 23, 2022 by Ifi Reporter

Dana Azrieli's empire is worth NIS 34.1 billion on the stock exchange today, which is 34% higher than the group's value a year ago, and it's an equally amazing story given the fact...

Teva signed a compromise agreement with Rhode Island and pay $ 21 million in cash over the next 13 years

Posted on Mar 22, 2022 by Ifi Reporter

Another compromise agreement with Teva in the case of narcotic painkillers (opioids). The company has signed an agreement with the Rhode Island Attorney General, under which Teva will pay Rhode...

Electra: 16% increase in revenues in 2021 amounted to NIS 8.97 billion

Posted on Mar 22, 2022 by Ifi Reporter

Electra, which is controlled by the Zelkind brothers' Elco, today (Tuesday) reported an increase in revenue and profit in 2021 thanks to its entry into the public transportation sector. The...

Electra: 16% increase in revenues in 2021 amounted to NIS 8.97 billion

Posted on Mar 22, 2022 by Ifi Reporter

Electra, which is controlled by the Zelkind brothers' Elco, today (Tuesday) reported an increase in revenue and profit in 2021 thanks to its entry into the public transportation sector. The...

ICL has signed a long-term agreement with IPL the largest importer of potash in India

Posted on Mar 22, 2022 by Ifi Reporter

ICL has signed a long-term agreement with IPL, the largest importer of potash in India, for the supply of potash for the years 2027-2022. The new framework agreement replaces the previous...

hundreds of thousands of people came to attend the funeral of Rabbi Chaim Kanevsky

Posted on Mar 20, 2022 by Ifi Reporter

The siren instructing to stop working was sounded in the city of Bnei Brak and hundreds of thousands of people came to attend the funeral of Rabbi Chaim Kanevsky, the ultra-Orthodox "great...

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Newsline

Israeli Authorities Raid Al Jazeera Offices in Jerusalem Following Government Decision to Close Network

May 5, 2024 by Ifi Reporter

Israeli police conducted a raid on the offices of the Qatari-based Al Jazeera network located in the Ambassador Hotel in Jerusalem on Sunday. This operation followed the Israeli government's decision earlier in the day to shut down the network's operations within the country. Al... Continue reading →

J.P. Morgan Report: Turkey's Trade Freeze with Israel May Have Limited Impact

May 4, 2024 by Ifi Reporter

In a special report circulated to its clients, J.P. Morgan, the world's largest investment bank, highlighted Turkey's recent decision to freeze trade with Israel "until a permanent ceasefire in Gaza" and its potential impact on Israeli trade. The report underscores the... Continue reading →

Electra Group Secures Lucrative Contract for JFK Airport Terminal 1 Lighting System Construction

May 3, 2024 by Ifi Reporter

Expanding its foothold in the United States, Electra Group has announced a significant milestone as its subsidiary, Gilston (51% owned), clinched a subcontracting deal for the construction of the lighting system in the forthcoming Terminal 1 at JFK Airport in New York. The lucrative contract,... Continue reading →


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