News

A decrease in the average wage in October: NIS 11,443 gross per month for all employees

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

A decrease in the average wage in the economy in October prevented an even greater increase in the salaries of senior executives, the minimum wage and the National Insurance benefits. Data...

Finance Minister Bezalel Smotrich has decided to appoint Shlomi Heisler as Director General of the Ministry

Posted on Jan 3, 2023 by Ifi Reporter - Dan Bielski

Finance Minister Bezalel Smotrich has decided to appoint Shlomi Heisler as Director General of the Ministry of Finance. Heisler will end his position as Chairman of the National Planning Staff at...

Matrix announced the acquisition of 70% of the control of the company 'Zebra Technologies at a value of NIS 65 million

Posted on Jan 2, 2023 by Ifi Reporter - Dan Bielski

The technology giant Matrix announced the acquisition of 70% of the control of the company 'Zebra Technologies (Zebra AGR Technologies Ltd.), which specializes in providing innovative...

Average wage freeze ended at the beginning of 2023: Officials will get up to 13,000 NIs more a month

Posted on Jan 2, 2023 by Ifi Reporter - Dan Bielski

The average wage freeze in the economy due to the Corona crisis ended at the beginning of 2023 and the result - a huge jump in the wages of judges, members of the Knesset, ministers and other...

Academic Staff Organizations at the Universities announced a labor dispute that will come into force in about two weeks

Posted on Jan 2, 2023 by Ifi Reporter - Dan Bielski

The Coordinating Council of the Academic Staff Organizations at the Universities announced a labor dispute that will come into force in about two weeks - at which point the members of the senior...

Eyal Dror, CEO of Strauss Israel announced his request to end his position after five years

Posted on Dec 28, 2022 by Ifi Reporter - Dan Bielski

The personnel changes in the Strauss group continue. After the retirement of the group's previous CEO, Giora Bar Dea, who was replaced by Shai Babad, former CEO of the Ministry of Finance,...

Dan Transport acquires the Portuguese TST which operates in Lisbon

Posted on Dec 28, 2022 by Ifi Reporter - Dan Bielski

Dan Transport company signed its first purchase agreement outside Israel's borders. Dan acquires the Portuguese TST, which operates bus service lines in the capital of Portugal, Lisbon. The...

Metropolin, won a competitive process to operate the Eshkol Hasharon cluster

Posted on Dec 27, 2022 by Ifi Reporter - Dan Bielski

Generation Capital reported this morning to the stock exchange that the company it owns, Metropolin, won a competitive process to operate the Eshkol Hasharon cluster. This announcement joined the...

In 2022 more construction permits for employment areas were granted than residential

Posted on Dec 25, 2022 by Ifi Reporter - Dan Bielski

The report of the Central Bureau of Statistics published this week indicates a clear trend of a decrease in residential construction starts, which threatens to significantly exacerbate the real...

Aaron Frankel exercised the option to purchase 11% of the Tamar reservoir from the Government Investment Fund

Posted on Dec 25, 2022 by Ifi Reporter - Dan Bielski

Businessman Aaron Frankel exercised the option to purchase 11% of the Tamar reservoir from the Government Investment Fund of Abu Dhabi for $522 million through Union Energy. Frankel completed the...

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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 →

Israeli High-Tech Investors Move to Secure Future of Channel 13

Mar 13, 2026 by Ifi Reporter - Dan Bielski

A group of Israeli high-tech investors has stepped in to support the future of Channel 13 , in a move that supporters say is intended to preserve independent journalism and strengthen pluralistic media in Israel. The development emerged amid uncertainty surrounding the channel’s... Continue reading →

Hadas Water unveiled a first-of-its-kind under-sink system for Shabbat observant users

Mar 13, 2026 by Ifi Reporter - Dan Bielski

Israeli company Hadas Water , a developer and manufacturer of purified water bars, has unveiled a first-of-its-kind under-sink system in Israel designed to provide hot and cold purified water while incorporating a special mechanism adapted for Shabbat observant users. The system,... Continue reading →


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