News

Eight IAI ELTA ELM-2084 Multi-Mission Radars (MMR) with air surveillance, air defense, and artillery capabilities will be delivered between 2021 and 2023.

Germany has supplied Israel with submarines for three decades, but an anti-corruption clause inserted into the option on further procurement is liable to bring that to an end.

Michael Ganor and Eliezer Marom are accused of bribery, and David Shimron of money laundering in a separate case.

The Knesset Finance Committee approved the release of funds to the Innovation Authority.

Oramed's insulin capsule is designed for the early stage of type 2 diabetes treatment.

Castro is disappointed with Carolina Lemke's results in the US, and is terminating its agreement with Kardashian.

Yisrael Beitenu's chairman said that he would not join a narrow government coalition.

The products, distributed under Shufersal's own brand, are suspected of being infested with microscopic insects.

The Supreme Court sent Ashdod Port strongman Hassan's case to the Beer Sheva District court for sentencing.

Roundtrip fares start at $84. Israir is transferring planes that were used on its Tel Aviv-Eilat route.

Israeli tech company Verint will separate its civilian and military businesses. Verint will also receive investment of $400 million through Apax Partners.

Government spending so far this year is up 6.1%.

54% of Israelis who spent a vacation in Israel say they got much less value for money than they do overseas.

The average salary jumped 4.6% between September 2018 and September 2019, but much of the rise is due to the incidence of the Jewish holiday season.

It is unclear whether Kahlon meant resigning as minister of finance or withdrawing from the Likud's Knesset candidate list.

"Success depends on three variables: the process, the technology, and the people. If you don't balance everything, the transition won't succeed."

A Taub Center book advocates intensive intervention at a very young age.

The main acquired property has 53,000 square meters of rental space in the Midtown Toronto business district.

Telecommunications company Cellcom raised NIS 300 million in the institutional stage of an equity offering, amid high demand.

The new Crescendo Venture Partners fund is planned to reach $80-100 million, and has already made its first investment.

Afcon's share price fell 20% in the previous five trading days after the company reported a NIS 25 million third quarter loss.

J.P. Morgan Israel managing director Yoav Intrator spoke at The Enterprise Technology Summit held by "Globes" and J.P. Morgan.

The average temperature in Israel is projected to rise 1.2 degrees by 2050.

Hot believes that a merger may be worthwhile even at the cost of exiting its joint network partnership with Partner.

The round was led by Sequoia Capital. Sequoia partner Carl Eschenbach has joined Gong’s board of directors.

The company says that the agreement with Alvotech will generate $20-30 million peak annual revenue.

Rosenblum is offering NIS 4 million for the stock exchange shell.

The Be chain, acquired two years ago from Hamashbir Lazarchan as New Pharm, will close 6% of its branches in 2020.

Industry sources say that talks have been going on for several weeks. The acquisition price is thought to be around $1 billion.

The acquisition, Check Point's fourth since October last year, is worth $40 million.

The total price is put at $120 million. Indegy develops cybersecurity solutions for industry and critical infrastructures.

The buyer intends to convert the listed building, in a central Jerusalem location, to a hotel.

Searchlight Capital Partners and David Fuhrer acquired 72% of Bezeq parent company B Communications for a total of NIS 630 million.

As construction company shares peak, current trends indicate steep price rises in 2020.

Ari Bronshtein is the latest in a series of IDB Development-Discount Investment group executives who have decided to leave.

Attorney General Avichai Mandelblit has sent Knesset Speaker Yuli Edelstein a list of over 300 prosecution witnesses against the prime minister.

Arnon Bar-David was speaking at the 2019 annual industry conference.

Yuval Diskin, Prof. Isaac Ben-Israel, senior JP Morgan executives, and representatives of leading companies and funds in Israel will speak at the conference.

The new method is designed to provide more powerful and focused treatment.

Transport ministers have opposed them, but a new OECD report on Israel's chronic traffic jams proposes congestion charges alongside longer term solutions.

US-based electric car maker Tesla has registered an Israeli subsidiary whose activity includes solar energy solutions.

Dividends from state-owned companies in Israel are expected to top NIS 1 billion this year.

Although WeWork is laying off thousands of employees worldwide, it seeks to expand in Tel Aviv.

After selling 8% of the company's shares, private equity firm FIMI Opportunity Funds still holds a 35% stake.

The decision is likely to culminate in the replacement of Discount Investment's chairman.

The sale is aimed at increasing liquidity and avoiding a going concern warning for IDB.

Dr. Ber, who took up the post in 2015, led the separation of the credit card companies from the banks, and encouraged the adoption by the banks of new technologies.

The payment is on account of regular state support due to the theater for 2019.

XACT Robotics has developed a device, with FDA approval and CE Mark, for guiding instruments to precise locations in the body.

The bacteria could help reduce greenhouse gases in the atmosphere.

Israel Aerospace Industries posted a $32 million net profit in the third quarter.

CEO Eyal Lapidot unveiled his strategy for the coming years: "Shikun & Binui has a great deal to do, and a great deal of value to create."

"We will not stand aside while our livelihoods are about to be cut off."

The Competition Authority and government ministers had opposed the merger as liable to harm competition in Israeli banking.

Yitzhak Tshuva's Delek Group posted a net profit of NIS 65 million for the third quarter, down 80% on the corresponding quarter.

Israel Internet Association: Israel lacks regulatory infrastructure to support its extensive blockchain technology applications.

Shikun & Binui's share price has risen 153% so far this year, on expectations of improve results under new CEO Eyal Lapidot.

The two insurance companies are partnering with Yehuda Barashi's LRC group.

The sale was at NIS 63 per share, representing a discount of nearly 4% on Ham-Let's closing price on the Tel Aviv Stock Exchange yesterday.