News

The Israeli company, which has developed an AI platform for analyzing credit applications, will receive $288 million from EJF Acquisition Corp's cash in trust plus $200 million in PIPE financing.

Joining the EU's digital Covid certificate program will ease travel between Israel and the EU and could renew incoming tourism.

The Israeli company has developed a predictive life insurance that rewards healthy behavior.

Pagaya, which has developed an AI platform for analyzing credit applications, is to merge with EJF Acquisition, "The Wall Street Journal" reports.

The Consumer Price Index has risen 2.3% since the start of 2021, while housing prices have risen 8% over the past year.

Most of the assets were formerly branches of Union Bank, with which Mizrahi Tefahot merged last year.

The Israeli B2B platform for small businesses has tripled its valuation since its last financing round in January.

Since its 2019 launch, CraneView has been adopted by over 40% of the leading general contractors in North America.

In August 2021 the average overdraft for an Israeli family was NIS 11,216, 2.3% smaller than in July.

Losing bidders in the auction have alleged possible conflicts of interest on the part of directors of the pension fund selling the site.

Bank Leumi strategist Kobi Levi: The basic conditions of the Israeli economy clearly point to a strengthening of the shekel.

Prime Minister Naftali Bennett described his meeting with Egypt's President Abdel Fatah Al-Sisi as "very important and very good."

Residents say the Hof HaSharon Regional Council did not consider environmental and health issues when granting approval.

The US private equity firm is negotiating to acquire the veteran Tel Aviv-based cybersecurity company, CNBC reports.

The Israeli cybersecurity company says the acquisition will help it define the next generation of privacy and security protection tools and services.

The Israeli company's protection system locates, identifies and neutralizes threats from drones and UAVs with hard kill and soft kill capabilities.

The cumulative fiscal deficit in Israel for the twelve months to the end of August 2021 narrowed to 8% of GDP, or NIS 116.9 billion, down from 9.2% at the end of July.

Planck’s AI-based platform gathers publicly available data about businesses and applies machine learning to generate insights, allowing insurance companies to more accurately assess risks.

Upswift has developed a management platform for remote updates of IoT devices by developers is led by two 27 year-olds.

In his most recent deal, Ezra, who remains in control of Neto ME Holdings, sold a further stake at double the market price.

15,220 new homes were purchased between May and July 2021, an unprecedented quarterly figure, the Central Bureau of Statistics reports.

The Israeli defense electronics company has won contracts worth $56 million to deliver the vessels to an Asian-Pacific country.

VisibleRisk was founded in 2019 as a collaboration between Israel venture group Team8 and Moody's, who have invested $30 million in the company to date.

The Rex Mk II is capable of dealing with especially difficult terrain, and is equipped with movement-detecting radar systems and smart cameras.

The buyer, ZOLL Medical, is paying a 50% premium over Itamar Medical's share price before the announcement.

The project, which will cost some NIS 800 million, is part of the first ever roof agreement applying to an Israel Arab town.

Stardom Ventures will invest in startups with a connection to the media industry.

The TASE offering has been slowed down by its complexity. The offering requires various regulatory approvals, among other things because of its security sensitivities.

The innovative system transforms assault rifles into digital networked combat machines.

Check Point has reported to Israel Police a Telegram group selling fake negative tests to pilgrims returning from Uman.

The family's Caesarea Medical Eelctronics is buying part of Wesure Global Tech's stake in Ayalon Holdings, and will invest in Wesure itself.

These apartments will be expropriated from the landowners and registered to the Tel Aviv Municipality at the landowners' expense.

A selection of recent real estate deals in Israel including in Ramat Gan, Holon, Rishon Lezion, Lod, Modi'in, Ashdod, Kiryat Motzkin and Ma'alot.

The Indian Armed Forces has inaugurated the integration and operational use of Israel Aerospace Industries (IAI) Barak 8 MRSAM Air & Missile Defense System.

The District Court in Boston Massachusetts ruled that Teva must face claims under the False Claims Act of defrauding Medicare.

The Israeli payroll platform for cross-border employee salary management has tripled its valuation in the past six months.

The Israel Land Council has approved Minister of Construction and Housing Zeev Elkin's "Target Price 2.1" program.

The companies have announced an agreement to take Weebit’s Resistive RAM memory technology to volume production.

The investment is part of a strategic investment between Yotpo and Shopify, "to develop innovative marketing solutions that help brands deepen customer relationships."

The aid is contingent on the Israeli airline selling aircraft and part of its frequent flyers club and an owner's loan.

In a survey of 27,000 people, Tel Aviv was ranked the world's eighth best city and the second best for food and drink.

The Israeli cybersecurity company's CEO Tomer Weingarten said, "Our IPO was a significant milestone and is only the beginning of the opportunity in front of us."

888 said that the acquisition would create a global gambling giant would allow £100 million savings in annual expenses.

In addition to the new capital raised, investors will pay $230 million to buy existing shares in the Israeli-founded cloud native application security company.

The Tel Aviv-based company has launched the Quantum Orchestration Platform, and a programming language called QUA, which enables research groups to write algorithms that can be run on any quantum computer in the world of any kind.

The Petah Tikva based e-commerce platform's shareholders are taking advantage of the share price's 186% rise since its IPO in May.

HRA is a fast-growing OTC company, with three category-leading self-care brands in blister care, women's health, and scar care.

Mobileye announced that electric autonomous vehicles will operate under the MoovitAV brand for taxi services in Tel Aviv and Munich.