News

Analysis by the Bank of Israel finds that loan-to-value and payment-to-income were at peak levels for mortgages taken in April.

Under current Ministry of Finance proposals, the tax will average NIS 3,000-4,000 annually.

IBI and Ziv Sapir's Volcano fund recently finished raising a NIS 1 billion fund for lending to US real estate companies.

The funds have been raised from Israeli institutional investors including banks, insurance companies and investment houses.

The Israeli thermal energy storage company continues to be traded on the Tel Aviv Stock Exchange.

The investment will enable the income producing real estate company to diversify into residential development and construction.

The US venture capital firm, which has extensive Israeli investments, has told startups to increase revenue and profits at the expense of market expansion.

Warner Music Israel will market and promote WMG’s international star artists as well as local stars like Noga Erez and Noa Kirel.

Teva will pay West Virginia $75 million over 15 years and provide opioid overdose treatments worth $27 million over 10 years.

The Israeli company, which provides a cryptographic compression service, has quadrupled its valuation in the past six months.

The Population and Immigration Authority has introduced new methods to shorten waiting times.

Neuralight seeks to improve the design of neurological clinical trials, increase the probability of success for novel neurological therapeutics, as part of a new era of precision medicine for neurology.

The two companies will undertake work worth NIS 1.4 billion including three spiral-shaped 40-floor towers.

Alrov raised 183 million Swiss francs, which will rise to 203 million Swiss francs if the underwriters fully exercise their options.

The Israeli IT solutions company said that the acquisition would expand its portfolio with comprehensive solutions for managing and optimizing network resources and the services on it.

The price is $60 million. PubPlus CEO Gil Bar-Tur: This is the first of five planned acquisitions by ClearPier, aimed at turning it into a public company.

Salmonella outbreaks in Israel and the US hit the food company hard. CEO Giora Bardea: The resilience of our brands, finances and people will enable us to return to growth in the near term.

The company reported a net profit of NIS 2.5 billion, a nine-fold increase over the corresponding quarter of last year.

The Israeli-US company has developed product functionalities to help data teams achieve more reliable data.

Delek Group's NewMed Energy has taken Israel's Energy Ministry by surprise by unilaterally announcing plans for the disputed Aphrodite field.

The Israeli-US company enables enterprises to significantly speed up the amount of time required to recover from a cyberattack.

The Israeli telecom reported adjusted net profit growth of 7.7% in the first quarter of 2022.

Despite a 71% increase in profit, the Israel bank will not distribute a dividend due to the accelerated growth in credit to the public.

Revised Finance Ministry figures show a substantial decline in 2021 from the 2020 Covid-related peak.

Stock market declines and interest rate rises have led Barak Rosen and Asaf Touchmair's Israel Canada to halt negotiations.

Stock-based compensation cut into the defense company's bottom line. CEO Bezhalel Machlis: Elbit is well positioned to benefit from acceleration in defense budget growth.

Unlike Bank Hapoalim, Bank Leumi will pay a divided on its first quarter profit, but only 20%, to meet capital adequacy requirements.

The Israeli company uses AI and big-data to improve IVF outcomes with technology that allows accurate and early, data-driven embryo quality assessment.

The Israeli airline said that moving the US head office to Miami will save the airline $500,000 annually.

Gabbay is part of the group that bought control of the Israeli telecom from Hutchison for $300 million.

The Bank of Israel Monetary Committee has decided on an interest rate rise of 0.4% - a more aggressive rise than it had previously indicated it would implement.

Solegreen will buy energy storage systems from Tadiran Group subsidiary Aviem for an overall supply of up to about 600 megawatt hours.

The Israeli online trading platform could raise up to $690 million in a private financing round, probably at well below the $8.8 billion valuation of the planned merger.

The Israeli enterprise AI solutions startup is closing after advanced talks to sell the company to a tech giant broke down, CEO Roey Mechrez told "Globes."

Sales of two building sin Tel Aviv plus growth in the credit portfolio helped bring the bank's firts quarter profit to NIS 983 million.

Because of rapid credit growth, requiring a high capital allocation, the bank has decided not to declare a dividend for the second quarter in succession.

The Meretz MK's rapprochement with Yair Lapid will avert immediate opposition moves to dissolve the Knesset.

After Ayalon complied with the Concentration Law and WeSure's owners received a control permit, the NIS 463 million deal can be completed.

The inter-ministerial committee has approved the M1 line southern section and the M3 line.

A selection of recent real estate deals in Israel including in Jerusalem, Tel Aviv, Bat Yam, Rishon Lezion, Pardes Hanna-Karkur, Nahariya, and Sderot.

The deal values Office Depot Israel at NIS 80 million, of which Zim will receive NIS 35 million, as the chain has NIS 45 million debt.

The raise, led by Target Global, is an extension of the company's seed round in which it raised $13 million last November.

They may seem crowded, but Tel Aviv and Jerusalem are actually far less densely populated than Athens, Paris, and Barcelona.

Ghaida Rinawie Zoabi of Meretz has resigned from the coalition, leaving it in a minority in the Knesset.

First quarter sales grew by 18% to $1.2 billion, and the company's orders backlog reached $14 billion.