News

IT company Magic revenues grew 29% to about $ 139 million

Posted on May 12, 2022 by Ifi Reporter - Dan Bielski

In contrast to the market trend, the dual IT company Magic, which is controlled by Formula, registers increases on the Tel Aviv Stock Exchange with the publication of the results of the first...

ICL reports: Sales totaled $ 2.525 billion in the quarter - 67% increase

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

ICL, the global mineral mineral company of Idan Ofer, reported its financial results for the first quarter ended March 31, 2022. Sales totaled $ 2.525 billion in the quarter, a 67% increase...

ICL reports: Sales totaled $ 2.525 billion in the quarter - 67% increase

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

ICL, the global mineral mineral company of Idan Ofer, reported its financial results for the first quarter ended March 31, 2022. Sales totaled $ 2.525 billion in the quarter, a 67% increase...

Delta Israel's Internet sales fell by 58% in the first quarter of the year and amounted to NIS 27.5 million

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

Delta Israel's Internet sales fell by 58% in the first quarter of the year and amounted to NIS 27.5 million. The company's total sales decreased to 12.8% compared to 33.7% in the first...

Knesset's Finance Committee approved a transfer of NIS 22.5 million for the families of the victims of the Meron disaster

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

The Knesset's Finance Committee approved a transfer of NIS 22.5 million for the families of the victims of the Meron disaster. spoken. The budget will fund a payment of NIS 500,000 for each...

The new private equity fund of Jared Kushner plans to invest millions of dollars in Saudi money in Israeli start-ups

Posted on May 7, 2022 by Ifi Reporter - Dan Bielski

The new private equity fund of Jared Kushner, son-in-law of former US President Donald Trump, plans to invest millions of dollars in Saudi money in Israeli start-ups, the Wall Street Journal...

Partner TV is preparing for changes in the television market in Israel with the entry of streaming services Disney Plus

Posted on May 5, 2022 by Ifi Reporter - Dan Bielski

Partner TV is preparing for changes in the television market in Israel with the entry of streaming services Disney Plus, HBO Max, and possibly Keshet and RGE, and is relaunching its service under...

Shufersal Group signed an agreement to acquire the Dan Deal Group

Posted on May 4, 2022 by Ifi Reporter - Dan Bielski

Shufersal Group announced that it has signed an agreement to acquire the Dan Deal Group, which operates ten Stoke branches in Israel, and an online site for the sale of non-food products in...

Positive trend recorded in the diamond industry over the past year in all four major trading categories

Posted on May 4, 2022 by Ifi Reporter - Dan Bielski

The recently ended April continues the positive trend recorded in the diamond industry over the past year and a half and marks a successful first trio for the industry in 2022, with gains in all...

Ormat Technologies topped revenue forecasts, but missed its earnings forecast for the first quarter of 2022

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

Ormat Technologies topped revenue forecasts, but missed its earnings forecast for the first quarter of 2022. The company earned $ 18 million, which is 33 cents per share, in the first quarter 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 →

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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