News

Isracard: Revenues in 2021 grew by about 12% to about NIS 2.3 billion

Posted on Mar 19, 2022 by Ifi Reporter - Dan Bielski

Isracard publishes the fourth quarter reports of 2021 summarizing an excellent year for the credit company: The annual net profit amounted to NIS 343 million, compared to NIS 93 million last...

startup Canopy Care, which has developed a system for managing treatments for cancer completed first round of funding of $ 13 million

Posted on Mar 17, 2022 by Ifi Reporter - Dan Bielski

The startup Canopy Care, which has developed a system for managing treatments for cancer patients, announced today (Thursday) the completion of a first round of funding of $ 13 million. The round...

The merger of Bezeq's subsidiaries has been canceled

Posted on Mar 17, 2022 by Ifi Reporter - Dan Bielski

The merger of Bezeq's subsidiaries has been canceled: Bezeq announced today to the stock exchange that it intends to cancel the "Bezeq International" brand and merge the company...

Israel and Egypt have agreed to expand flights from Ben Gurion Airport to the city of Sharm el-Sheikh

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

Israel and Egypt have agreed on a security outline that will allow the expansion of direct flights between the countries, and following the agreements, a new airport will soon be inaugurated from...

IAI: Net profit rose by 11% To $ 148 million and sales by 7% to $ 4.48 billion

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

The aerospace industry posted record profits in 2021, thanks to sales of its military divisions, and continued losses by the aviation division. Under the management of Boaz Levy, the CEO whose...

Agreed: Each assistant in kindergartens who will be employed 5 days during the Passover holiday will get a grant

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

The Histadrut has reached an agreement with the local government center, the center of the regional councils and the three major cities, according to which each assistant  in kindergartens...

The Israeli gaming company Overwolf has announced the acquisition of the British company Tebex

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

The Israeli gaming company Overwolf has announced the acquisition of Tebex, a platform that allows content creators to monetize private game servers, for $ 29 million. Tobacco provides a...

El Al signed with Phoenix a non-binding agreement of principles according to which Phoenix will provide a loan

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

El Al, controlled by Kenny Rosenberg signed with Phoenix, which is managed by Eyal Ben Simon, a non-binding agreement of principles according to which Phoenix will provide a loan to the frequent...

Russian-Israeli billionaire Roman Abramovich continues his attempts to evade sanctions imposed on Russian oligarchs

Posted on Mar 13, 2022 by Ifi Reporter - Dan Bielski

Russian-Israeli billionaire Roman Abramovich continues his attempts to evade sanctions imposed on Russian oligarchs over Russia's invasion of Ukraine. After it was reported in England that...

The Fox Group has completed the acquisition of control of Minene by its subsidiary Shilav

Posted on Mar 13, 2022 by Ifi Reporter - Dan Bielski

The Fox Group, owned by Harel Wiesel, has completed the acquisition of control of Minene by its subsidiary Shilav. Upon completion of the transaction, Shilav holds approximately 50.1% of...

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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 →

IAI to Award Bonuses to 14,000 Employees After Record Profits

Mar 18, 2026 by Ifi Reporter - Dan Bielski

Israel Aerospace Industries (IAI) will grant bonuses to approximately 14,000 employees following a year of record financial performance, the company announced after reaching an agreement with workers’ representatives. Each employee will receive a flat bonus of NIS 6,555 in... Continue reading →

IAI to Award Bonuses to 14,000 Employees After Record Profits

Mar 18, 2026 by Ifi Reporter - Dan Bielski

Israel Aerospace Industries (IAI) will grant bonuses to approximately 14,000 employees following a year of record financial performance, the company announced after reaching an agreement with workers’ representatives. Each employee will receive a flat bonus of NIS 6,555 in... Continue reading →


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