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17 January 2020

Benjamion Netanyahu and Benny Gantz Blue & White consolidates lead in latest polls

The latest polls from Channels 11, 12 and 13, were conducted after the lists for the March 2 elections were submitted.

17/01/2020 07:01 Politics Shlomit Ravid

16 January 2020

Blow to Amnesty court bid to revoke NSO export license

A Tel Aviv judge has cited national security concerns and ordered the case to be heard behind closed doors.

16/01/2020 16:57 Legal Globes correspondent
Cloud monitoring co Epsagon raises $16m

Epsagon enables DevOps and engineering teams to monitor, visualize, troubleshoot and quickly fix their cloud applications.

16/01/2020 16:28 Start ups Yasmin Yablonko
Teva must return non-MS Copaxone rights to Proneuron

The Supreme Court has upheld a ruling in the Tel Aviv District Court.

16/01/2020 16:03 Healthcare Gali Weinreb
Home sales slump in Israel's biggest cities

The number of annual real estate deals has fallen in recent years in Jerusalem, Tel Aviv and Haifa, the Madlan website reports.

16/01/2020 13:28 Real estate Guy Nardi
Haifa Port privatization underway

The buyer will have to undertake to invest NIS 1 billion in the port.

Mellanox joins IAI-led cyber consortium

The Israeli Cyber Companies Consortium provides cybersecurity solutions to governments.

16/01/2020 10:38 IT Globes correspondent
Right-wing parties unite at last minute

Naftali Bennett and Ayelet Shaked's New Right party will run for Knesset on a joint list with Rafi Peretz's Habayit Hayehudi. Otzma Yehudit will run separately.

15 January 2020

AI transcription co Verbit raises $31m

The Israeli startup has developed a platform for AI transcriptions and smart captions.

15/01/2020 21:40 Start ups Omri Zerachovitz
Tshuva's Elad Group raises NIS 500m bond on TASE

Elad Group handles Tshuva's real estate business in North America.

15/01/2020 21:17 Real estate Omri Cohen
CPI unchanged in December, home prices still rising

Correction: Israel's Consumer Price Index rose by 0.6% in 2019, well below the government's 1%-3% target range for inflation.

15/01/2020 18:52 Real estate Amiram Barkat
Merrill Lynch says go short on shekel

Merrill Lynch's analysts observe that the Bank of Israel is determined to weaken the Israeli currency.

15/01/2020 18:39 Market Amiram Barkat
Alfred Akirov mulls IPO for Swiss unit

Epic Suisse, which holds commercial centers, offices, and distribution centers, has a NIS 4.3 billion value.

15/01/2020 18:02 Real estate Aviv Levy
AI healthcare analytics platform Clew raises $10m

The Israeli company's healthcare analytics platform delivers improved clinical and operational outcomes by predicting life-threatening complications.

Gene editing co Emendo Biotherapeutics raises $61m

The company develops next-generation gene editing using synthetic biology to address untreatable diseases.

15/01/2020 14:00 Healthcare Gali Weinreb
ILA pushing for 9,800 new homes in Glilot north Tel Aviv

Israel Land Authority (ILA) is asking that authority for the huge Glilot site plan be taken away from the Tel Aviv District Planning and Building Commission.

15/01/2020 12:59 Real estate Guy Nardi
Israel readies for 60 flights with world leaders

Low-cost flghts will be switched to Ben Gurion airport Terminal 3 next week as the airport makes special arrangements to receive leaders attending the event for the 75th anniversary of the liberation of Auschwitz.

Shekel stronger ahead of December CPI reading

Analysts forecast that the December Consumer Price Index rose 0.1%, leaving inflation in 2019, well below the 1%-3% target range.

15/01/2020 11:04 Market Globes correspondent
Gas begins flowing from Israel to Egypt

To mark the occasion, the energy ministers of Israel, Egypt, Italy, Greece, Cyprus, Jordan and the Palestinian Authority will meet in Cairo today.

15/01/2020 08:15 Energy Amiram Barkat
Bard buys Israeli hernia mesh co LifeBond

The US medical device company will pay close to the $60 million that LifeBond has raised from investors.

15/01/2020 07:11 Healthcare Gali Weinreb

14 January 2020

ISA recommends moving ahead with digital trading platform

The committee focused on digital platforms for offerings, trading, and clearance of securities using distributed ledger technology.

14/01/2020 19:37 IT Roy Katsiri
Tel Aviv plans 5,000 new hotel rooms in next 5 years

The Tel Aviv Hotel Association said that the city's 8,800 rooms had 76% occupancy in 2019 compared with 70% nationwide.

14/01/2020 19:33 Tourism Michal Raz-Chaimovich
Israeli spacer balloon co BioProtect raises $13m

BioProtect's ProSpace balloon spacer protects prostate cancer patients undergoing radiation therapy.

14/01/2020 18:50 Healthcare Globes correspondent
New home sales rose in 2019

More new homes were sold in the first eleven months of 2019 than in all of 2018, the Central Bureau of Statistics reports.

14/01/2020 17:25 Real estate Arik Mirovsky
EU grants BiolineRX treatment orphan drug status

Last year, Motixafortide received Orphan Drug Designation for the treatment of Pancreatic Cancer from the US Food and Drug Administration (FDA).

14/01/2020 16:48 Healthcare Globes correspondent
Smotrich joins New Right, splits from Rafi Peretz

Bezalel Smotrich  has teamed up with Naftali Bennett and Ayelet Shaked, splitting from Rafi Peretz and the far right Otzma Yehudit.

14/01/2020 16:28 Politics Dan Zaken
IVC-Meitar: Israeli exits rose to $21.7b in 2019

The total value of exits of up to $5 billion in 2019 was the highest ever, with $14.84 billion in 2019, compared with $12.63 billion in 2018.

Number of Israelis owning two homes up to 10%

27.5% of households in Israel owned no home in 2018, compared with 28.2% in 2017, the Central Bureau of Statistics reports.

14/01/2020 14:33 Real estate Arik Mirovsky
Israeli co Cellebrite buys US co BlackBag for $33m

The company's systems can collect and analyze data from mobile phones for law enforcement agencies.

Perion buys Content IQ as web goes cookie-less

Perion Network is paying up to $73 million for New York and Tel Aviv-based Content IQ.

Teva looks to China

At the JP Morgan Healthcare Conference, Teva CEO Kare Schultz said the company was on target with streamlining and debt reduction, and outlined its strategy for the Chinese market.

14/01/2020 12:10 Healthcare Shiri Habib-Valdhorn
Unity saves left, poll finds

The first poll results published after Labor and Meretz announced their merger gives them no additional strength but puts them safely above the minimum threshold.

14/01/2020 09:53 Politics Shlomit Ravid

13 January 2020

Tel Aviv light rail Red Line won't open next year

NTA's board has reported that the Red Line won't be ready until 2022 and that tender deadlines for the Green and Purple lines have been postponed by six months.

New housing to replace Jerusalem absorption center

The 1970s building in Gilo will be replaced by a new neighborhood of 1,032 apartments.

13/01/2020 17:59 Real estate Guy Nardi
Knesset proceeds on Netanyahu's immunity request

The Knesset Arrangements Committee decided to form the House Committee to deal with the application for immunity from prosecution.

13/01/2020 17:44 Politics Tal Schneider
Morgan Stanley downgrades Check Point

Analyst Steve Weiss has also cut the Israeli cybersecurity company's target price by 6% from $115 to $106.

13/01/2020 16:41 IT Globes correspondent
Travel co Talma buys Smartair website ahead of IPO

Completion of the NIS 40 million deal is contingent on Talma's IPO, which aims to raise NIS 150-200 million.

13/01/2020 15:55 Tourism Shai Shalev
Elbit wins Finnish tank ammunition deal

Elbit Systems unit IMI Systems will provide the Finnish Defense Forces with NATO compliant 120mm High Explosive Multi-Purpose ammunition.

President Rivlin cuts Nochi Dankner's jail term

Dankner will now be able to apply to the Release Committee for immediate release on medical grounds.

13/01/2020 14:22 Legal Avishai Greenzweig
Navitas raises NIS 271m for Shenandoah Project

An investment decision on the oil project in the Gulf of Mexico is expected within the next few months.

13/01/2020 13:16 Energy Kobi Yeshayahou
Harel in fourth San Francisco office building deal

Insurance group Harel has bought 33% of the rights in two buildings in San Francisco's South Financial District.

13/01/2020 12:07 Financial services Ron Stein
Michael Dell fund sells Rami Levy shares

MSD Capital, the family office of US technology billionaire Michael Dell, sold a 2% stake in the Israeli supermarket chain, leaving it with just over 5%.

13/01/2020 11:35 Retailing Aviv Levy
Netanyahu cuts short cabinet discussion of deficit

The prime minister said political uncertainty made projections impossible, and presented positive figures on Israel's labor market and debt raising.

Israel's left unites

Labor leader Amir Peretz and Meretz leader Nitzan Horowitz have agreed that their parties will run on a joint list in the upcoming Knesset election.

13/01/2020 09:28 Politics Dan Zaken

12 January 2020

Atlit to build industrial park

The Matam technology park and business zones in Tirat HaCarmel and Yokne'am are already competing for businesses.

12/01/2020 21:22 Real estate Guy Nardi
Electra to build Jerusalem entrance park and ride lot

The underground park and ride lot beneath Shazar Boulevard will have 1,370 parking spaces.

12/01/2020 21:11 Real estate Guy Nardi
Taxi drivers triumph as fare reform postponed

The reform was designed to make taxi fares more transparent.

Hapoalim: Israeli institutional investors boosting shekel

Bank Hapoalim believes that Israeli pension funds are reducing their exposure to the exchange rate by selling foreign currency through hedging activity.

12/01/2020 17:48 Economy Guy Ben Simon
Wertheimers sell Galilee land for NIS 600m

The Menivim REIT fund has bought three sites in the Tefen industrial zone and land and buildings in Nahariya.

Kinneret up 1 meter over past month

The lake still remains two meters below its maximum level, the Kinneret Authority reports.

12/01/2020 15:48 Water Globes correspondent
Clal Insurance teams with Allied on new Tel Aviv tower

Clal Insurance will invest NIS 150 million towards the cost of the land and construction of a 34-floor office tower.

Apartments sold and rented

A selection of recent real estate deals in Israel including in Jerusalem, Nertanya, Ashdod, Arad and Eilat.

12/01/2020 14:35 Real estate Hilit Yanai-Levison
Tamar Petroleum slumps on delayed offering

The Tamar gas field rights owner has postponed a NIS 140 million offering because of 'market conditions.'

12/01/2020 13:03 Energy Kobi Yeshayahou
Treasury sees hit to social services without new budget

The Ministry of Finance is unable to adjust spending priorities under transitional budget rules. It is also concerned that jobs growth is mainly in the public sector.

12/01/2020 12:19 Economy Amiram Barkat
Moshe Kahlon set to leave politics

Minister of Finance Moshe Kahlon will thereby fulfill his commitment not to serve in a government with a prime minister who has been indicted on criminal charges.

12/01/2020 10:46 Economy Tal Schneider
Discount Bank finances Ivory Coast water project

The €165 million water treatment project in Abidjan will be carried out by Fluence Water Israel.

12/01/2020 10:30 Financial services Ron Stein

10 January 2020

BoI Governor blames speculators for strong shekel

Prof. Amir Yaron said the bank is prepared to buy as much foreign currency as it takes to prevent the appreciation of the shekel.

10/01/2020 08:17 Economy Amiram Barkat
Google: Tel Aviv trending as top 5 tourist city

Google: According to global hotel search data, people from around the world are interested in traveling to these destinations in 2020.

10/01/2020 06:53 Tourism Simon Griver
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