News

Enlight Renewable Energy Secures Second PPA for Massive Co Bar Solar Project

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

Enlight Renewable Energy, a leading renewable energy company, made headlines today with the signing of a second Power Purchase Agreement (PPA) with Salt River Project (SRP), the largest...

Strauss Company Freezes Advertising on Channel 14 Following Offensive Statements

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

Strauss company has announced an immediate advertising freeze on Channel 14, which is owned by Yitzhak Mirilishvili. The decision comes in response to the channel repeatedly broadcasting...

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...

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BRICKSTONE Reports 16% Surge in Safe Deposit Box Rentals by Israelis Living in Western Europe

Oct 16, 2026 by Ifi Reporter - Dan Bielski

 BRICKSTONE, a company operating three private, high-security safe deposit facilities in Israel, has reported an approximately 16% increase over the past month in safe deposit box rentals by Israelis living in France, Germany, the United Kingdom and Belgium. The company attributes... Continue reading →

Finance Ministry Delay Threatens Entry of 50,000 Foreign Workers into Israel

Oct 16, 2026 by Ifi Reporter - Dan Bielski

A dispute over a NIS 10 million budget transfer from Israel’s Finance Ministry is reportedly holding up a government plan to increase the permitted share of foreign workers in the Israeli economy, potentially delaying the arrival of 50,000 additional workers across several key sectors.... Continue reading →

Shoofra Opens New Store at Israel’s Golden Mall, Investing NIS 1 Million

Oct 16, 2026 by Ifi Reporter - Dan Bielski

 Shoofra, the Israeli footwear retailer known for its colorful, original designs and distinctive shoe brands, has opened a new store on the newly inaugurated floor of Golden Mall in Rishon LeZion. The 170-square-meter store represents an investment of approximately NIS 1 million... Continue reading →


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