Front > MARKET

MARKET

Home rental  credit: Eyal Izhar Rents drive inflation, putting interest rate cut in doubt

The housing item accounted for more than a third of the rise in the CPI in June, and is expected to continue to surge.

Pelephone CEO Ilan Sigal credit: Rami Zarnager Pelephone offers NIS 2b for Hot Mobile

Bezeq mobile telephony unit Pelephone has submitted the offer to Patrick Drahi's Altice International, which owns Hot.

Eran Wolf credit: Geva Talmor Israel's Loanwise offers mortgages for Greece and Cyprus

Founded by former Mimun Yashir CEO Eran Wolf, Loanwise will offers mortgages for properties in both Israel and abroad to low-risk Israeli borrowers with high credit ratings.

Keren Cohen Khazon  credit: Turpaz Turpaz: Following Frutarom's scent

The flavor and fragrance maker is expanding rapidly, mainly through acquisitions. CEO Keren Cohen Khazon: We want to become one of the industry’s top 10 companies.

Dina Ben Tal Ganancia  credit: Guy Kushi & Yariv Fein El Al CEO to depart with NIS 20m in pocket

Market sources believe Dina Ben-Tal Ganancia has offers to become CEO of a foreign airline.

Mortgages credit: Shutterstock Despite war, mortgage taking high in June

Mortgages worth NIS 8.91 billion were taken in June, the third highest figure this year, even though the economy shut down for nearly two weeks.

Shekel v dollar  credit: Tali Bogdanovsky using Adobe Firefly Shekel weakens as hostage deal stalls

The shekel is also affected by concerns about the attempted firing of the Attorney General, falling stock markets and the strengthening of the dollar worldwide.

Dina Ben Tal Ganancia  credit: Guy Kushi & Yariv Fein El Al CEO stepping down

Dina Ben-Tal Ganancia is stepping down, more than three years after she was appointed to lead the company in one of the most complex periods in its history.

Shekel strengthening sharply credit: Tali Bogdanovsky with Adobe Firefly Shekel at strongest against dollar since April 2022

The record breaking stock market, falling risk premium, high interest rate, and geopolitical developments all support the continued strengthening of the shekel.

Apple Vision Pro glasses credit: Apple Apple acquires Israeli 3D avatar co TrueMeeting

Apple will integrate TrueMeeting's technology into its Vision Pro smart glasses, which were launched last year.

Hermes 900 UAV credit: Elbit Systems Swiss mull cancelling $380m Elbit drone deal - report

"The technical problems with the surveillance drones are apparently so serious that they must be accompanied by a helicopter or another aircraft to avoid collisions," Swiss newspaper NZZ reports.

Yitzhak Tshuva credit: Gidon Levy and Tali Bogdanovsky BoI grants Tshuva permit to control Isracard

Yitzhak Tshuva's Delek Group will now buy 37% of the shares in credit card company Isracard, giving it a 40% stake.

Zeekr 001  credit: Mobileye Intel selling 8% Mobileye stake

After the secondary offering, Intel will be left with an 80% holding in the Israeli advanced driving assistance systems company.

US dollar  credit: Shutterstock Now's the time to buy the dollar? Think twice

The shekel's steep appreciation has many pondering higher dollar exposure, but the experts are not convinced.

Bank of Israel credit: Shutterstock BoI sells dollars for first time in nearly two years

The sale in June was small, and targeted at restraining the sudden depreciation of the shekel in the immediate aftermath of Israel's strike on Iran.

Moody's offices in Vilnius  credit: Shutterstock/Andrius Zemaitis Moody's maintains Israel rating, negative outlook

The rating agency sees geopolitical risks for Israel remaining high, and says that the impact of the war on the country's economy and fiscal position could turn out to be worse than currently estimated.

Nayax CEO Yair Nechmad  credit: David Zisser Nayax laying off 6% of workforce

The cashless payments solutions company says recent acquisitions have resulted in duplication in some positions.

Tel Aviv Stock Exchange share prices rising credit: Tali Bogdanovsky Money invested overseas flows back to Israel

June was one of the strongest months ever for the Tel Aviv Stock Exchange, as investors switched from funds tracking the S&P 500 to mutual funds investing locally.

Tower Semiconductor CEO Russell Ellwanger Tower shortlisted for Indian semiconductor lab upgrade

The project to upgrade the semiconductor lab is worth hundreds of millions of dollars.

Shuki Nir  credit: SolarEdge SolarEdge share price jumps 39% in a week

The share price ended the week at $27.54, giving a market cap of $1.6 billion.

Leviathan platform  credit: Albatross Israel Tax Authority revises wealth fund forecast upwards

In the coming decade alone, the Citizens of Israel is expected to bring in between $19 and $23 billion.

Dan Bodner  credit: PR Thoma Bravo in talks to buy Verint - report

The report by Bloomberg boosted Verint stock by 15% in late trading. The call center software company's share price has fallen 67% from its 2022 peak.

Profit Financial Services co-founder and joint CEO Asaf Banai  credit:  Inbal Marmari "One transaction can cost you a third of your return"

Asaf Banai, founder and co-CEO of Profit Financial Services, warns against emotional bias, and calls for avoiding trends, and for diversifying investments. Fourth and last article in a series.

TASE CEO Itay Ben-Zeev  credit: Cadya Levy TASE board approves Friday trading

The change will bring the TASE into line with the trading days of the world's main stock markets, which do not trade on Sundays.

F-15 US Air Force fighter jet credit: Reuters Mark Cosgrove US Army to integrate Israeli co TSG's software system

TSG today announced that it had received its first order as part of a cooperation agreement that it signed in March with a leading international military technology supplier.

Terror finance credit: Shutterstock How Israel strangled Iran's terror financing network

Bombing of banks, killing of key figures, and hacking attacks proved effective, but experts warn that Iran, Hezbollah, and even Hamas, could quickly recover.

Daniel Cohen, partner and CEO, Profit Financial Services  credit: Inbal Marmari "After every winter comes spring"

Daniel Cohen, partner and CEO of the Profit Financial Group, counsels patience in a crisis, and criticizes the Treasury’s planned reforms in savings.

Richard Francis  credit: Elad Malka Teva launches startup challenge program

Challenges will be announced twice a year for startups to offer technological solutions for Teva's entire drug development chain.

Isrotel King Solomon Hotel Eilat credit: Bar - El Lewis family sells NIS 210m Isrotel stake

After selling the stake, the Lewis family's holding in the Israeli hotel chain will fall from 74% to 69.6%.

Danny Yardeni  credit: Eyal Izhar Is a BoI interest rate cut on the cards?

Bank Leumi nostro management head Danny Yardeni says the reduction in geopolitical uncertainty makes a cut sooner rather than later a possibility.

Ron Senator credit: Shlomi Yosef What's changed on Israel's stock market

Ron Senator, managing partner at hedge fund Sphera, says the recent rally goes beyond the typical market response after a conflict reaches its peak.

Twitter Facebook Linkedin RSS Newsletters גלובס Israel Business Conference 2018