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Aeronautics UAV Photo: PR Aeronautics rejects Rafael, Stolero acquisition offer

The Israeli drone manufacturer says that the NIS 430 million offer is too low.

Bank Hapoalim Photo: Tamar Matsafi Bank Hapoalim freezes Q2 dividend payment

The bank reported record profit in the second quarter and has agreed with the Bank of Israel to suspend its dividend payment to help cover any fine from the US tax probe.

Mergers and acquisitions Photo: To Go Tene Fund buys 50% of Huliot from Kibbutz Sde Nehemia

The fund will pay the kibbutz NIS 70 million and inject NIS 30 million into the company.

ProSense Photo: PR IceCure begins eliminating cancer by freezing in Israel

In the coming month, Elisha Hospital in Haifa will start implementing IceCure's treatments for eliminating benign breast tumors and cancerous kidney tumors.

Smadar Barber-Tsadik Photo: Tamar Matsafi First Int'l Bank profit up 45% in Q2

The sale of the Bank Otsar Hahayal's offices boosted First International Bank's return on equity.

Partner CEO Isaac Benbenisti Photo: Amir Gossfried Partner's profit continues to shrink

Partner's television service which surpassed 100,000 subscribers, helped boost its revenue from landline services.

Shekel Photo: ASAP Creative Shekel gains continue as quiet returns to Gaza border

The shekel has benefitted from reports that Prime Minister Benjamin Netanyahu met with Egyptian President Abdel Fattah el-Sisi to promote a ceasefire between Israel and Hamas.

Lilach Asher-Topilsky Discount Bank to lay off 200, sharp rise in profit

Discount Bank's good second quarter results helped it substantially reduce its provisions for credit losses

El Al CEO Gonen Usishkin Photo: Sivan Faraj El Al sinks to loss due to higher fuel costs

El Al's market share of passengers to and from Ben Gurion airport shrank to 26.7% in the second quarter of from 29.5% in the corresponding quarter of 2017.

Warren Buffett Photo: ASAP Creative Buffett's Berkshire Hathaway again increases Teva stake

Berkshire Hathaway now holds 43.25 million shares in the Israeli pharmaceutical company, worth nearly $1 billion.

Shekel Photo: ASAP Creative Shekel stronger as Turkish crisis eases

The shekel is gaining as the focus is again on the fundamental strength of the Israeli economy.

Dexia Photo: Shutterstock Dexia Israel hires Value Base to find buyer

Israel Discount Bank and Bank of Jerusalem have both proposed mergers with Dexia Israel.

Moshe Kahlon  photo: Ronen Zvulun, Reuters State of Israel worth NIS 17.6 trillion

"My responsibility is to prepare the economy for a crisis," Minister of Finance Moshe Kahlon said at the presentation of the Tel Aviv Stock Exchange's valuation of Israel.

strauss Strauss won't raise prices "at least until year-end"

The decision applies to the Elite, Yad Mordechai, Strauss, and Yodvata brands.

Sara Netanyahu in El Al uniform El Al takes delivery of sixth Dreamliner

Sara Netanyahu, who worked as an air hostess for El Al, was among those greeting the new plane at Ben Gurion Airport this morning.

Rakefet Russak-Aminoach  photo: Tamar Matsafi Leumi posts NIS 903m Q2 profit, declares NIS 361m dividend

Finance income in the second quarter jumped 11% to NIS 2.41 billion.

Herzliya house for sale Photo; Eyal Izhar Hapoalim receiver selling Herzliya house for NIS 50m

The house, foreclosed from a Belgian businessperson, is located on Israel's most expensive street.

Shari Arison  photo: Yossi Zeliger BoI seen demanding clarifications from Arison

Being questioned under caution in the Shikun & Binui bribery affair could put Shari Arison's bank control permit in jeopardy.

securities trading  image: Shutterstock ISA moves to regulate broker-dealers

The Israel Securities Authority is sponsoring a bill that calls for broker-dealers to be licensed and to have independent directors.

Mario Blejer Photo: Tamar Matsafi Interview with BoI governor candidate Mario Blejer canceled

Prime Minister Benjamin Netanyahu and Minister of Finance Moshe Kahlon were meant to interview the former Governor of the Central Bank of Argentina today.

Shekel Photo: ASAP Creative Turkish crisis weakens shekel against dollar

The shekel-dollar exchange rate is being influenced today by the Turkish lira crisis, as global investors flee towards the safe havens of the dollar.

fax machine  photo: Shutterstock Check Point warns fax machines vulnerable

A new study by the Israeli cybersecurity company shows that faxes are not as safe as people think.

Shufersal Shufersal posts 23% Q2 profit growth

A decline in operating profit at the supermarket chain was offset by a rise in the value of its assets and a lower finance expense.

Gilad Glick Photo: Eyal Izhar Itamar Medical to list on Nasdaq

The Israeli company develops home devices for diagnosing sleep apnea.

Shari Arison Photo: Yossi Zeliger Police question Shari Arison in Shikun & Binui bribery probe

It is suspected that Shikun & Binui executives bribed a foreign employee in Kenya to promote its projects.

Mizrahi Tefahot Photo: Eli Yizhar BoI demands Mizrahi Tefahot set aside $100m for US probe

The Supervisor of Banks demanded an increase in the provision  even before the "offer" by the US investigative agencies to settle the affair for a $342 million payment.

El Al, photo: Sivan Farag Israeli airlines winter schedules still under threat

The Ministry of Foreign Affairs is no longer willing to employ flight security staff for the Israeli airlines.

Zehavit Cohen  photo: Rami Zarnegar Apax cancels Zap IPO

The cancellation comes after investment institutions demanded a 40% cut in the offering price.

Tomer Tagrin and Omri Cohen Photo Eyal Izhar Israeli user content co Yotpo buys US co Swell Rewards

The deal combines Yotpo's user-generated marketing platform with Swell Rewards' customer loyalty club platform.

Shmuel Sayad  photo: Tamat Matsafi Reit 1 buys 51% stake in Hayovel Tower for NIS 120m

Most of the tower, in central Tel Aviv, is leased to the Israeli government until the end of 2030.

Barak Eilam photo: CRC Media Switch to cloud boosts Nice Systems Q2 profit 9.8%

Second quarter revenue totaled $342 million. Nice has slightly raised its profit guidance.

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