News

Singapore Airlines is the best airline in the world - El Al failed to make the list of the 100 best companies

Posted on Jun 21, 2023 by Ifi Reporter - Dan Bielski

Singapore Airlines was chosen as the best airline in the world, dethroning Qatar Airways from the top, according to the annual ranking published by Skytrax. The ranking in which 325 companies...

the dollar continues to strengthen against the shekel to NIS 3.61 due to the terrorist attack

Posted on Jun 20, 2023 by Ifi Reporter - Dan Bielski

n foreign exchange trading, the dollar continues to strengthen against the shekel and today it is based above the level of technical resistance that was at NIS 3.6 and it is trading at a level of...

Azrieli Group reports a sale of Compass server company to the Brookfield Fund for $5.7 billion

Posted on Jun 20, 2023 by Ifi Reporter - Dan Bielski

The Azrieli Group reports today on a huge deal for the sale of the Compass server company to the Brookfield Fund for $5.7 billion. Azrieli owns 33% of Compass shares and is expected to receive an...

Knesset member Orna Barbiei will run for mayor of Tel Aviv-Yafo in the upcoming local elections

Posted on Jun 19, 2023 by Ifi Reporter - Dan Bielski

Knesset member Orna Barbiei will run for mayor of Tel Aviv-Yafo in the upcoming local elections. Barbiei, the Minister of Economy in the previous government, is expected to resign from the...

Israel Post threatens to file a petition with the High Court against Communications Minister

Posted on Jun 18, 2023 by Ifi Reporter - Dan Bielski

Israel Post threatens to file a petition with the High Court against Communications Minister Shlomo Karai, after Karai began the political impeachment process of Post Chairman Mishal Vakanin. On...

Q1st was slightly better than the first estimates - growth rate in it reached 3.1% on an annual basis

Posted on Jun 18, 2023 by Ifi Reporter - Dan Bielski

The first quarter of 2023 was slightly better than the first estimates, and the growth rate in it reached 3.1% on an annual basis, compared to the first estimate for growth of only 2.5% - this is...

Israel's richest people: Miriam Adelson at the top with 36.1 billion dollars

Posted on Jun 17, 2023 by Ifi Reporter - Dan Bielski

In the list of Israel's richest people, according to the ranking of the world's richest people by Forbes, the battle for the top is not close at all, when Miriam Adelson admittedly lost...

The first reduction in connectivity fees entered into force on the way to their complete cancellation

Posted on Jun 17, 2023 by Ifi Reporter - Dan Bielski

The first reduction in connectivity fees entered into force on the way to their complete cancellation in June 2025. The connection fee is a payment transferred between the communication companies...

Commissioner of the Competition Authority intends to impose a fine of NIS 8.6 million on the food company "Neto Melinda"

Posted on Jun 17, 2023 by Ifi Reporter - Dan Bielski

The Commissioner of the Competition Authority, Attorney Michal Cohen, announced that she intends to impose a fine of NIS 8.6 million on the food company "Neto Melinda" subject to a...

The startup Tomorrow.io announced the raising of an additional 87 million dollars

Posted on Jun 15, 2023 by Ifi Reporter - Dan Bielski

The startup Tomorrow.io, which promises more accurate weather forecasting, announced yesterday (Wednesday) the raising of an additional 87 million dollars. According to the database PitchBook,...

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Newsline

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 →

L’Oréal Signs 50-Year Global License Agreement for Gucci Beauty

Jul 15, 2026 by Ifi Reporter - Dan Bielski

L’Oréal has signed an exclusive worldwide 50-year license agreement to create, develop, and distribute fragrance and beauty products under the Gucci Beauty brand, strengthening its position in the global luxury beauty market. The agreement follows the previously... Continue reading →

Mul-T-Lock Partners With Ruach Nashit to Promote Women's Economic Independence

Jul 15, 2026 by Ifi Reporter - Dan Bielski

Mul-T-Lock , a leading Israeli security solutions company, has joined forces with Ruach Nashit (Women's Spirit), an organization dedicated to promoting economic independence among women survivors of domestic violence. The partnership aims to support women in rebuilding their lives... Continue reading →


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