MARKET

At the end of 2024, the company had 1,532 employees including 371 in Israel, so the latest layoffs will leave only a small number of employees here.

The Dutch-Israeli company will provide Meta with computer infrastructure for AI over five years.

A tower with 54,000 square meters of space is planned for the centrally located site.

The Bezeq unit has raised its offer for Hot Mobile after reports that Gil Sharon and institutional bodies will be submitting an offer.

The company has developed a platform that allows users to create digital agents, manage them and manage the communication between them.

The shekel has gained more than 10% against the US dollar since the beginning of the year.

Ofer owns 32% of the club, control of which is being sold to US asset management firm Apollo at a valuation of €2.2 billion.

The television broadcaster is now valued at NIS 480 million. Bezeq has reached 2.9 million households connected to fiber-optic cable.

The higher profit in the third quarter was achieved despite the return of foreign airlines to Ben Gurion airport and the reduction of El Al's market share in passenger traffic.

Bank Leumi sees the shekel trading in the NIS 3.1-3.3/$ range over the next 12 months.

Israel’s foreign exchange reserves at the end of October 2025 rose to $231.954 billion, an increase of $74 million from their level at the end of September.

Compromises by ICL have paved the way for a new tender, which could see a new company win the concession from 2030.

Despite concerns, the forecast for sales of branded drug Austedo remain unchanged even though the US Inflation Reduction Act (IRA) aims to cut pharmaceutical prices.

The Singapore Air Force has announced that it has decided to replace the Hermes 450 UAVs, which it procured 20 years ago from Elbit Systems with the newer model Hermes 900.

The US Department of Justice (DOJ) has concluded its antitrust probe into the deal, both “Reuters” and “Bloomberg” report.

Carbyne manages the call centers and rescue operations of security services in the US, Mexico, and Israel.

Orbit Technologies, in which FIMI Opportunity Funds invested $15 million in 2018, is being sold to US company Kratos for $356 million.

Minister of Energy Eli Cohen is delaying the sale following the collapse of a deal between the Tamar partners and Israel Electric Corp.

The company has bought 107 dunams of agricultural land in Ness Tziona.

Since the stock’s low-point in 2025 in April, the Israeli pharmaceutical company’s share price has risen over 60%.

The interest rate will be paid up to a maximum deposit of NIS 20,000.

The company founded by Remo Ben Shushan in the 180s is now one of the biggest growers and distributors of fresh produce in Israel.

Energean, which operates Israel’s offshore Karish, Tanin and Katlan gas fields, has signed a deal with Cypriot company Cyfield, to supply natural gas via a new pipeline.

Wix will allow PayPal to enable AI-powered product discovery and commerce for Wix merchants.

This is the first time such approval has been received for a home ultrasound device.

The US design software company will use the acquisition of the Israeli AI design workflows company as a base to develop its operations in Tel Aviv.

The prize draws company will begin trading on London’s AIM on Monday.

Clal will receive an 8% stake in the power station, which is being built near Rosh Ha’ayin.

The company achieved a valuation of $6.21 billion, down from the $9.2 billion valuation in its most recent financing round in 2022.

Bank Leumi’s investment arm will invest NIS 171 million for a 15% stake.

Prices fell yesterday in the wake of ceasefire violations, but analysts say the market's sensitivity is understandable, and still expect an interest rate cut.