Front > Weekly > Israel's Week in Business & Technology

Israel's Week in Business & Technology

for week ended August 5

Volvo invests in fast-charge EV battery co StoreDot

The investment is part of StoreDot's Series D investment round of up to $80 million.

Omer Adam  credit: Shai Franco Omer Adam consortium plans third server farm

After announcing the construction of two server farms in Afula last year, the PAI, Europe-Israel, LIAN Group consortium has bought land for a third farm at Zora Park.

Teva  credit: Shutterstock FDA delays approval for Teva schizophrenia drug

Teva and its French partner MedinCell have received a Complete Response Letter, meaning that the New Drug Application cannot be approved in its present form.

Housing under construction in Or Yehudah  credit: Eyal Izhar Leumi sees home prices continuing to rise steeply in 2022

In a recent survey, Bank Leumi projects a 9-13% rise this year, and says moderating demand will be slow to affect prices.

Trial run of Red Line train in Petah Tikva  credit: Eyal Izhar Do prices along the Red Line have further to rise?

Transport experts say Petah Tikva and Bat Yam, at the two ends of NTA's first light rail route, will see the greatest impact, but it all depends on suitable urban planning.

Israeli apartments Photo: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel including in Jerusalem, Ramat Gan, Hod Hasharon, Beer Yaakov, Ashdod, Ashkelon and Sderot.

F-35 Credit: Lockheed Martin Israel ranked as world's eighth largest nuclear power

According to a report published by the American Federation of Scientists, Israel has 90 nuclear warheads.

Moshe Bareket  credit: PR New draft rules give savers choice on pension fund fees

Pension funds will be allowed to charge direct expenses only on certain kinds of investment.

David Fattal Photo: PR Fattal raises €315m to buy 30 European hotels

Fattal CFO Shahar Aka: The Covid crisis has created an opportunity in Europe to buy hotel assets at attractive prices.

Nasdaq Photo: Shutterstock Actelis Networks files for Nasdaq IPO

The company provides high performance, scalable broadband over copper solutions to telcos, mobile and IoT networks.

Tel Aviv Stock Exchange Credit: Shutterstock Proportion of TASE cos going concern qualifications shrinks

BDI Codeface found that the number of companies with going concern qualifications attached to their financial reports by the auditors has fallen 60% in the past seven years.

Wizzair Credit: Shutterstock Peter Leczo Wizz Air dumps Tel Aviv passengers 200 miles from London

The airline left passengers on Sunday night's Tel Aviv - London Gatwick flight in Doncaster in Northern England, and told them to find their own way home.

Three hour line at Taba border crosssing Photo: Israel Airports Authority Israelis flock to Egypt for Passover holiday

An estimated 5,000 people crossed into Egypt over the Taba border today, while the first three flights took off from Ben Gurion Airport to Sharm El Sheikh.

Ben Gurion Airport duty free Credit: Cadya Levy Israel footing bill for Covid positive foreign tourists

Israeli government policy is that foreign tourists who test positive for Covid must be accommodated in a government-run Covid hotel.

New cars Credit: Shutterstock Alexfan32 Prices of new cars to rise sharply after Passover

Car manufacturers are passing on higher energy, raw material and shipping costs to the importers.

Dell  credit: Shutterstock, Gabriel Pahontu Israel's Emza providing visual sensing tech for new Dell laptops

Emza’s algorithms detect user engagement levels, contributing to better display power management and maximizing battery life.

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018