News

American Tower takes over rental agreements with the owners of cellular sites, thus freeing up cash for the carriers.

According to the bank's Financial Stability Report, 50,000 young couples in Israel face difficulty in making mortgage repayments.

Coronavirus is associated with location monitoring and GPS tracking but health information can also be abused, argues Adv. Gary Copelovitz.

The wastewater purification plant will finally be vacated with Herzliya joining the Shafdan Dan Region wastewater plant, which is located in west Rishon Lezion.

Azrieli and its partner Compass have bid to build and lease out the data centers to Amazon and have options on three lots for the purpose.

Canadian born Jonathan Kolber, who today lives in Israel, has an 11.9% stake worth $383 million, in the gig economy platform company.

Israeli tech companies, which raised a record $8.3 billion in 2019, have already raised almost $6 billion in the first seven months of 2020, despite the Covid-19 crisis.

The Israeli company plans to disrupt early-detection healthcare via deployment of a global medical imaging infrastructure at an affordable price-per-scan service model.

The Chief Economist at the Ministry of Finance also sees 15% unemployment at the end of 2020, if Covid-19 persists through the winter, requiring parts of the economy to shut down.

A selection of recent real estate deals including in Tel Aviv, Herzliya, Modi'in, Ness Ziona, Yavne and Beersheva.

The airline will also take a NIS 130 million loan to help it survive the Covid-19 pandemic.

About 10,000 people gathered in Jerusaleme last night. The Likud has called reporting of the demonstrations "incitement by the media".

The airline says there is no point in a meeting until the true identity of the bidder for it is clarified.

Buildots puts cameras on the hardhats of managers to capture imaging of every detail of an ongoing project during regular site walks.

However, the team which includes Profs. Ronit Calderon and Yinon Ashkenazy, warns that there will be 200 more fatalities over the next 3 weeks from the wave in July.

The Israeli businessman, who last year made a large profit on Aeronautics, is looking for a repeat performance with income producing real estate company Bayside.

The maximum price of government price controlled 95 octane gasoline at self-service pumps in Israel will rise by NIS 0.01 to NIS 5.45 per liter on Saturday night, August 2.

Teva and Takeda have sold much of their joint venture and will focus on 20 generic drugs and several branded assets.

Keren Terner wrote to the El Al board after meeting with Eli Rozenberg's representative Amikam Ben Zvi.

The Israeli hotel chain has increased liquidity by selling and leasing back the Leonardo Royal Berlin Hotel for NIS 230 million.

The Ministry of Finance is no longer announcing each new bond that is raised abroad with great fanfare.

Prof. Itamar Grotto says incoming passengers to Israel from low infection countries need not undergo isolation. But the plan faces many obstacles.

The Israeli chipmaker saw higher revenue and lower profit in the second quarter.

No numbers were mentioned but hundreds are expected to leave from the Aviation Group.

The no-strings attached grants to every Israeli citizen will cost the Israeli government an estimated NIS 6.5 billion.

Ermetic helps organizations enforce tighter, least privilege access policies across both user and machine identities to help prevent data breaches.

Credit card spending was up 8.9% in June 2020 compared with June 2019, the Central Bureau of Statistics reports.

Chorus.ai has created a conversation intelligence platform for high-growth sales teams using artificial intelligence.

The Israeli currency is trading at levels against the dollar not seen since January 2018.

The purchase tax rate hike to 8% instituted by Moshe Kahlon has been cancelled.

CEO Raviv Zoller: The coronavirus pandemic will continue to affect us in the coming months but we are well placed in our target markets.

Eli Rozenberg's attorney says his client is prepared to answer all questions and dispel all doubts.

Yeinot Bitan is prepared to sell the supermarkets individually or to one buyer. But some of the branches may be tough to sell because of high rents.

IAI's plan to lay off 900 employees from the Aviation Group has now become a voluntary early retirement program.

Explorium allows companies to build better predictive models by connecting their internal data to thousands of external data sources.

ClimaCell’s product based on automated and predictive impact technologies, which help customers save millions in operational efficiency, improve safety, and avoid significant costs and damages from weather events.

This is Sapiens second acquisition in 2020 after buying German insurtech company Sum.como for €28.4 million.

The Neve Ilan-based company plans to disrupt early-detection healthcare via deployment of a global medical imaging infrastructure.

Analysts Nathan Rich and Steven Braun give Teva a "Neutral" recommendation and 12-month $12 price target.

Knesset Finance committee chair Moshe Gafni threatened to block the bill unless the limit on eligible children in a family was lifted.

A "foreign investment body" is competing with Altshuler Shaham Provident and Pension Funds to take over the company.

The freelance services website's latest European expansion follows the successful launch of sites in German, French and Spanish.

Eli Rozenberg: Instead of saving the company, El Al continues on its track of extorting money out of the government.

The agreement with Portuguese distributor Smart Nature is worth about €350,000 annually.

The Israeli company has developed technology, which combines ingredients from an innovative plant based formula, 3D robot printing, and advanced cooking methods.

The offering is led by JP Morgan and HSBC internationally, and by Leader, Value Base and Barak Capital in Israel.

The grants to all Israelis could be paid this Thursday, but Finance Committee chairperson Moshe Gafni is threatening to delay the bills.

Yitzhak Tshuva, David Fattal, Chaim Katzman and Idan Ofer will see their holding companies relegated from the leading Israeli index.