Israel Engel / Photo: Eyal Izhar, Globes Mizrahi Tefahot VP: Home prices won't fall

Israel Engel of Mizrahi Tefahot Bank surveyed the construction and mortgage markets for the "Globes" Israel Real Estate Conference.

Lilac Bar David and Liran Zelkha,  / Photo: PR Freelancer banking app Lili raises $15m

Lili was founded by CEO Lilac Bar David and CTO Liran Zelkha, who previously founded Pepper, the digital bank of Bank Leumi.

Car insurance  picture: Shutterstock Big tech challenges the big insurance firms

The ITC Global insurtech connect digital conference discussed the threat to traditional insurance companies posed by tech giants like Amazon, Global and Facebook.

Stanley Fischer / Photo: Tamar Matsafi, Globes Hapoalim shareholders elect Stanley Fischer to board

Fischer was elected alongside Israel Trau. Dalia Lev and Ronit Abramson-Rokach were reelected as external directors.

Amir Yaron / Photo: Ronen Zvulun, Reuters, Reuters Bank of Israel leaves rate unchanged, expands QE

In its worst-case scenario, the Bank of Israel Research Department sees Israel's GDP shrinking 6.5% in 2020 and very low growth in 2021.

Aura residential construction project / Photo: Eyal Izhar, Globes Strongest September for mortgages in 10 years

8,363 mortgages were given in September in Israel - a similar number to July and August and to the summer of 2019.

Jerusalem light rail Shapir set to close NIS 3.5b Jerusalem light rail financing

Shapir and Spanish partner CAF will extend and operate the Red Line and build and operate the new Green Line.

Dan Naveh Dan Naveh to set up $100m fintech fund

Naveh stepped down earlier this year as chairman of Clal Insurance.

Israel Discount Bank Israel Discount Bank to lay off 620

The employees, representing 7% of the bank's work force, will take voluntary early retirement by the end of 2021.

Stanley Fischer  / Photo: Reuters Fischer candidacy plagued by flawed selection

It is embarrassing that Stanley Fischer should be subject to the controversy of his selection to be a candidate for Bank Hapoalim's board

Shai Wininger and Daniel Schreiber  / Photo: Shlomi Yosef , Globes Lossmaking Lemonade defies the skeptics

Some argued that the digital insurance company was not worth $2 billion. They were right but got it completely wrong.

Shai Wininger and Daniel Schreiber  / Photo: Shlomi Yosef , Globes Is lossmaking Lemonade worth $2b?

The company, which has filed for a US IPO, is worth nearly as much as Israel's two largest insurance companies Harel and Phoenix combined. "Globes" examines why.

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