News

Rami Levy earned NIS 34 million in the past quarter, a 42% decrease compared to the corresponding quarter in 2021

Posted on Aug 22, 2022 by Ifi Reporter - Dan Bielski

The increase in inflation, losses in the capital market, and a further deterioration in Kofix's situation eroded the profits of the Rami Levy company in the second quarter of 2022. Rami Levy...

IAI presents a weaker second quarter than the first in 2022, with a 12% drop in net profit to $51 million

Posted on Aug 18, 2022 by Ifi Reporter - Dan Bielski

IAI presents a weaker second quarter than the first in 2022, with a 12% drop in net profit to $51 million, and an increase of only one percent in sales, to $1.159 billion. Despite this, thanks to...

Estimates: Finance Minister Avigdor Lieberman intends to extend the discount on the fuel tax until November 15th

Posted on Aug 18, 2022 by Ifi Reporter - Dan Bielski

Despite the significant drop in world oil prices by about 10% since the end of last month and the drop in the dollar exchange rate by about 5% in recent weeks, Finance Minister Avigdor Lieberman...

Elbit Systems missed expectations in Q2 slightly on the top line

Posted on Aug 16, 2022 by Ifi Reporter - Dan Bielski

Elbit Systems published its financial reports for the second quarter of the year and once again missed expectations, slightly on the top line and more significantly on the bottom line. Despite...

The International Bank reports a profit of NIS 342 million in the second quarter

Posted on Aug 16, 2022 by Ifi Reporter - Dan Bielski

The International Bank reports a profit of NIS 342 million in the second quarter of this year and a return on capital of 13.8%. This is a 15% decrease from profits of NIS 404 million in the...

The International Bank reports a profit of NIS 342 million in the second quarter

Posted on Aug 16, 2022 by Ifi Reporter - Dan Bielski

The International Bank reports a profit of NIS 342 million in the second quarter of this year and a return on capital of 13.8%. This is a 15% decrease from profits of NIS 404 million in the...

Max Stock chain reports the signing of an official agreement to open stores in Portugal

Posted on Aug 16, 2022 by Ifi Reporter - Dan Bielski

The Max Stock chain publishes the financial results for the second quarter this morning and reports the signing of an official agreement to open stores in Portugal. The company announced the...

Ormat which produces geothermal power plants signed new contracts in New Zealand and Indonesia

Posted on Aug 16, 2022 by Ifi Reporter - Dan Bielski

Ormat, which deals with the construction and operation of geothermal power plants, signed new contracts for the construction of such power plants in New Zealand and Indonesia for 100 million...

Bank Hapoalim published: profits of approximately NIS 1.3 billion

Posted on Aug 15, 2022 by Ifi Reporter - Dan Bielski

Bank Hapoalim publisheD the financial statements for the second quarter of 2022, including profits of approximately NIS 1.3 billion, which together with the profits of the first quarter bring the...

Population and Immigration Authority was ordered to compensate for failing to deliver a passport on time

Posted on Aug 14, 2022 by Ifi Reporter - Dan Bielski

A father sought to compel the Population and Immigration Authority to refund him the amount of fees he paid in Israel for the issuance of temporary passports to his minor daughters since...

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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 →

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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