Popular Articles

Electra Group enters the real estate sector in New York: It is acquiring contracting companies there
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he Electra Group, controlled by Daniel and Michael Salkind, is entering the real estate sector, but not in Israel but in the US. It is acquiring two contracting companies that deal with the electro-mechanical field in New York. According to the agreements signed, Electra is acquiring 51% of the share capital of Hellman Electric and Gilston Electrical. The two companies are contractors in the field of electrical works in New York City. The total investment is estimated at NIS 155 million. Investors on the Tel Aviv Stock Exchange are happy for the time being, sending Electra Group shares up 2%

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Dec 30, 2018

Government will flow NIS 1.7 billion to the Israel Postal Company and 1,050 employees will be fired
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The state will invest about NIS 1.7 billion to the Israel Postal Company as part of the convalescence agreement approved by the company's board of directors, on the assumption that the investment will be worthwhile in preparation for the full privatization of the post office. As part of the agreement, 1,050 employees will retire from the post office in the first phase, with the average provision cost per employee reaching NIS 1.1 million. The total cost of rehabilitating the post office will reach NIS 2.3 billion. In addition to a payment of NIS 1.7 billion for the allocation of employees,...

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Jun 3, 2022

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Now it's official. The Castro - Hoodies fashion group has concluded its collaboration with Kim Kardashian. Kardashian was recruited a year ago to promote the Carolina Laminated Glasses brand in the US. The collaboration with Instagram has been signed for two years and the company has been hoping that Kardashian will bring high traffic to the brand in the form of exposure to some of its 152 million followers on Instagram. However, the activity did not produce the expected results and Castro was not satisfied with the cooperation. Kardishan received $ 6 million from Castro and as the...

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Dec 5, 2019

Aeronautics is sold to Rafael and businessman Avihai Stolero for NIS 850 million
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Aeronautics iwhich produces unmanned planess is sold to Rafael and businessman Avihai Stolero for NIS 850 million. This is a 70% premium on the company's current value on the stock exchange. Rafael and Stolero were granted exclusivity for six weeks until the transaction was approved at the general meeting of the Company. The three funds holding Aeronautics: Violeta, Genesis and KCPS will actually sell their 36% stake in the company

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Jan 13, 2019

The son of Lev Leviev is one of the suspects in the diamond smuggling to Israel
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The son of businessman Lev Leviev Zevulun is one of the 10 suspects in the smuggling of diamonds to Israel. The other suspects are Moshe Leviev, brother of Lev Leviev, Reuven Shamalov, Asher Yechieli, Hanania Issacharov and Yehuda Isor. Medov in the smuggling of diamonds through the LLD company owned by the well-known businessman who is currently in Russia. According to suspicions, the suspects, each according to his share, managed a network of smuggling diamonds to Israel and beyond its borders, over many years, amounting to about 300 million

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Nov 6, 2018

 El Al announced  it will begin operating overnight flights directly from Tel Aviv to Orlando
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The IMTM - International Mediterranean Tourism Market (IMTM) 2019 International Tourism Exhibition opened for the 25th time at booth 2 at the EXPO in Tel Aviv and continues throughout the day. This year, a record number of exhibitors, over 50 countries and 20 tourism ministers from around the world attended the exhibition. "The largest tourism exhibition in the Middle East being held for the 25th time in Israel is an excellent way to celebrate the peak year of incoming tourism to Israel," said Tourism Minister Yariv Levin. "This year, historic records were broken - more than 4.1 million...

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Feb 12, 2019

 iPhone 14 will land in Israel on September 22nd and the basic phone will cost NIS 3,590
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Apple unveiled the iPhone 14. At its fall event, the technology giant presented the Apple Watch for extreme athletes, AirPods headphones that cancel out even more noise than before, and the iPhone 14 models that for the first time include support for satellite communication and real-time accident detection; All models sold in the US will now only support eSim - what will happen to them in Israel? Just yesterday they were announced at a festive event and already today we are informed of the prices in Israel of the 4 new Apple devices: iPhone 14, iPhone 14 Plus, iPhone 14 Pro and iPhone 14...

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Sep 8, 2022

Dan Capital will purchase the Sorek 1 desalination plant from IDE for more than NIS 540 million
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Dan Capital, the infrastructure company of the Dan bus company, will purchase the Sorek 1 desalination plant from IDE, which is owned by Alpha Partners (50%) and Delek (50%). Sources close to the deal said the deal was signed at the end of the week and the price of the facility would be NIS 540 million

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Oct 7, 2018

Intel is marketing new Real-Sense cameras developed in  Israel
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"Many of today's devices and devices use a computer vision based on 2D image recognition, but with RealSense's best depth technology we redefine future technologies that can 'see' like a human being, so devices and devices can really enrich our lives," he said. "With its compact and ready-to-use chassis, the D400 depth camera series not only makes it easy for developers to build 3D depth in any design, but also instantly assimilates in high-volume products," said Sagi Ben Moshe, vice president and general manager of RealSense Group at Intel.

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Jan 20, 2018

iPhone 11 in all types will be sold in Israel -- September 26 for NIS 3,500 - 4700
4013 Views Details

Apple CEO Tim Cook introduced the new iPhones this week - iPhone 11. The question remains how much the device will cost in Israel. The prices of the new models are expected to be similar to those launched just a year ago. The price of the iPhone 11 will start at NIS 3,500, and the PRO model will start at NIS 4,700. The iPhone 11 features a 6.1-inch screen, it comes in six colors (purple, white, green, yellow, black and red), two cameras and an important promise over improved XR battery life. The new emphasis will also include a face recognition system. The price of this iPhone will start...

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Sep 11, 2019

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