News

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...

Clal Holdings' board of directors approved the purchase of the Max credit card for NIS 2.47 billion

Posted on Aug 11, 2022 by Ifi Reporter - Dan Bielski

After endless postponements, struggles, and threats - Clal Holdings' board of directors today (Thursday) approved the purchase of the Max credit card company by Clal Insurance, in a deal...

Cal credit card company posted a profit of NIS 81 million in the second quarter of 2022

Posted on Aug 11, 2022 by Ifi Reporter - Dan Bielski

The Cal credit card company published the financial reports for the second quarter of the year. Cal, managed by Levy Halevi, posted a profit of NIS 81 million in the second quarter and a profit...

Bank of Israel fears the increase in current account fees - and is trying to preempt a remedy

Posted on Aug 9, 2022 by Ifi Reporter - Dan Bielski

The Bank of Israel fears the increase in current account fees - and is trying to preempt a remedy for the blow: the Banking Supervision Department has published for public comment a draft of a...

compensation for damagesdor businesses located up 7 km from the border with Gaza will be August 2

Posted on Aug 8, 2022 by Ifi Reporter - Dan Bielski

The Chief Executives Forum chaired by the CEO of the Prime Minister's Office Naama Schultz convened last night (Saturday) to make decisions regarding the civil assistance to the residents of...

Kibbutz Shamir signed a huge deal to sell the rest of his shares in the optics company he founded

Posted on Aug 3, 2022 by Ifi Reporter - Dan Bielski

On Monday, Kibbutz Shamir signed a huge deal to sell the rest of his shares in the optics company he founded, Shamir Optica, at a whopping value of one billion dollars. The shares were sold to...

Cellcom customers can upgrade their upload speed (Up) if they are company's fiber optic internet customers

Posted on Aug 3, 2022 by Ifi Reporter - Dan Bielski

Good news for Cellcom's internet customers who need a higher upload speed: you can upgrade your upload speed (Up) if you are the company's fiber optic internet customers. There is no...

Startup Peech announces the completion of a seed round of 8.3 million dollars

Posted on Aug 2, 2022 by Ifi Reporter - Dan Bielski

The startup company Peech announces the completion of a seed round of 8.3 million dollars, at the same time as the launch of its automatic video editing platform. The platform allows content...

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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 →

Former NBA Star Omri Casspi Raises $250 Million for Third Venture Fund

Sep 4, 2026 by Ifi Reporter - Dan Bielski

Former NBA player Omri Casspi has raised $250 million for the third fund of his venture capital firm, Swish Ventures, marking another major milestone in his transition from professional basketball to the technology investment world. The new fund brings Swish Ventures' total assets... Continue reading →

Why AI Adoption on the Factory Floor Is Far More Complicated Than a Successful Demo

Aug 25, 2026 by Ifi Reporter - Dan Bielski

The integration of artificial intelligence (AI) has become a major priority for technology companies and startups. Yet when AI solutions move from development environments to the physical factory floor, the reality can be considerably more complex.... Continue reading →


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