Zim could abandon Israeli flag over tax dispute
The shipping company might leave the country, if Knesset legislation reducing its tax burden is not enacted.
Zim could abandon Israeli flag over tax dispute
The shipping company might leave the country, if Knesset legislation reducing its tax burden is not enacted.
SKY Israel private equity firm closes $350m fourth fund
Founded in 2005, SKY now has an overall $800 million under management in its four funds.
Pagaya increases PIPE financing for SPAC merger
The PIPE that the Israeli fintech company will receive has risen from $200 million to $350 million in addition to the up to $288 million in gross proceeds that it will receive from SPAC EJF Acquisition Corp's cash in trust.
Retail analytics co Placer.ai raises $100m at $1b valuation
The company provides insights about foot traffic in malls and shopping centers, other retail centers, casinos, theme parks and stadiums and more.
Israeli AIOps co BigPanda raises $190m at $1.2b valuation
BigPanda provides an AIOps event correlation and automation platform that enables IT Operations teams to automate incident management.
Israel Tax Authority grabbing bigger slice of Israeli tech boom
With no orderly policy, measures to increase the tax take are creating uncertainty for global tech giants and local startups alike.
IDF officers' pensions 5.3 times state employee average
The average overall value of a pension paid to a former IDF officer is NIS 8.8 million compared with NIS 1.7 million for a state employees, the Finance Ministry reports.
Shekel rebounds as markets rally
Prico: In the medium term, the ability of the shekel to appreciate is restricted by expected US rate hikes.
Bennett and Liberman agree aid for Omicron-hit economy
The new NIS 250 million package includes compensation for the self-employed and salaried employees forced into isolation.
Prices falling in Israel for antigen home test kits
The kits are in high demand following the change in the Ministry of Health's testing procedures as the Omicron variant spreads exponentially.
ILDC sells Herzliya seafront land for 14-floor hotel
Israel Land Development Corp., controlled by Ofer Nimrodi, has sold the lot in Galei Tachelet Street to Rami Shbiro for NIS 211.5 million.
Matricelf treats pig's spinal cord injury with human implants
The company is developing implants for the regeneration of damaged tissues by using stem cells from the patients themselves.
Tel Aviv's Carlebach Junction underpass opens
The underpass takes traffic from Yitzhak Sadeh Street under the junction and into Lincoln and Carlebach Streets.
Clal Insurance mulls offering to thwart Akirov takeover
The company is considering selling shares worth NIS 500 million to the public at a 7% discount on the current market value.
Cybersecurity co Pentera raises $150m at $1b valuation
The Israeli company's platform tests IT infrastructures, reveals risk and creates a surgical remediation plan that automatically validates security for continued resilience.
Record NIS 116b mortgages taken in Israel in 2021
Mortgage taking in December in Israel totaled an all-time record monthly figure of NIS 12.2 billion, the Bank of Israel reports.