Wizz Air credit: Shutterstock/Peter Leczo Despite EU green light European airlines stay away from Israel

European airlines are reluctant to resume flights to Tel Aviv because insurance companies won't provide coverage or charge high premiums.

Nadav Shoval credit: Open Web Tel Aviv court orders OpenWeb to freeze ousting of CEO

While Nadav Shoval interprets the judge's ruling as if his dismissal has been frozen, the company sees it as a technical act of suspending completion of his dismissal.

New and old housing in Tel Aviv credit: Bar Lavi Rents in Tel Aviv resume rise

The average monthly rent for an apartment in Tel Aviv in the second quarter of 2024 was NIS 7,000, up 4.9% from the second quarter of 2023, the Central Bureau of Statistics reports.

Israeli pension funds invested in S&P 500 Over half Israelis' savings flow to S&P 500 in 2024

Within three years, the proportion of Israelis' long-term savings invested in the US index has grown from 1% to 8%.

Real estate investment credit: Shutterstock Big investors leaving Israel's real estate market

Investors who buy large numbers of apartments are abandoning Israel's real estate market, according to the August 2024 survey by the Ministry of Finance chief economist.

New homes credit: Shutterstock Home sales show signs of slackening

It may be too early to draw firm conclusions, but new home sales were 20% lower in August than in the preceding three months.

Teva's R&D labs in Netanya credit: Teva PR Teva settles further price-fixing lawsuits in the US

Teva will pay a total of $450 million over six years to settle the cases.

Rafael Lite Beam laser-based interception system credit: Rafael Rafael to unveil new battlefield air defense solution

The solution includes the laser-based Lite Beam system and the 30 mm Samson remote weapon system.

Isracard CEO Ran Oz credit: Tammy Bar-Shay Menora Mivtachim bids again for Isracard

The new offer values credit company Isracard at NIS 3.1 billion, less than the valuation in Menora Mivtachim's first offer a year ago.

Hagai Schreiber credit: Inbal Marmary "Investment opportunities in private assets are huge"

Phoenix chief investment officer Hagai Schreiber told the Globes Alternative Investment Conference about the advantages of private assets.

Jonathan Orr credit: Apollo PR Apollo exec: More investors get access to excess returns

Jonathon Orr, Managing Director for client portfolio management across international wealth at Apollo told the Globes Alternative Investments Conference that private investments are a profitable alternative to money funds.

Minister of Finance Bezalel Smotrich credit: Noga Melsa Israel's fiscal deficit widens for 18th consecutive month

The deficit continues to drift away from the 6.6% target set by the government in the revised 2024 budget.

Veronique Fournier credit Apollo PR Apollo exec reveals thinking behind $11b Intel financing

Veronique Fournier, a senior manager at Apollo Asset Management tells "Globes" how it became one of the world's biggest investment firms.

Oracle credit: Sundry Photography Shutterstock Oracle shelves plans to build data center in Israel

The tech giant will likely build its AI data center in the UAE because of the war and lower costs, "Globes" has learned. Oracle: Israel’s second center will be built.

SipNose credit: SipNose Aptar Pharma buys Israeli drug delivery co SipNose

The Yokneam based company has developed a nasal drug delivery system to precisely target areas of the nasal cavity to enable enhanced systemic, local or even direct-to-brain delivery.

Ben Gurion airport credit: Tali Bogdanovsky EU cancels recommendation not to fly to Israel

Many European airlines such as Wizz Air and Aegean are likely to renew flights to Israel in the coming few days.