MARKET

Homebuyers took mortgages totaling NIS 8.4 billion in August, the Bank of Israel reports.

Yafit Attias has served as VP marketing for the past decade.

Oppenheimer Israel senior analyst Sergey Vastchenok: It’s not like China, where the Party gives an order and everyone comes into line.

The Israeli company believes that lidar technology has become less essential for the future of the company's 'eyes off' systems.

The company is also laying off 20 employees, because of the war and the consequent economic uncertainty.

The increase was mainly the result of a revaluation that increased the reserves by about $4.243 billion, the Bank of Israel reports.

"Globes" talks to Aviad Ariel, whose Vertex fund has made a handsome return, about Own's origins and the decision to put its eggs in the Salesforce basket.

The Israeli company's share price fell sharply on Friday after reports that Intel is considering options for selling part of its 88% stake in order to ease its liquidity problems.

Deputy chief minister of Maharashtra Devendra Fadnavis says the plant will eventually produce 80,000 wafers annually.

Own has developed a platform that provides companies with backup to protect against the loss of essential data.

Poria Financial Planning chairman Or Poria: We see the shekel strengthening in the long term.

War at home and abroad has boosted the share prices of defense companies traded on the Tel Aviv Stock Exchange.

Mizrahi Tefahot Bank chief economist Ronen Menachem: The hostage deal uncertainty and judicial reform talks also weaken the shekel but Smotrich's 2025 deficit plans could offset the depreciation.

Norway's sovereign wealth fund is considering toughening the ethical criteria for its investments, and disinvesting from more global companies connected to Israel's war in Gaza, "Reuters" reports.

The Israeli insurance and finance firm is offering to buy a 32% controlling core in the credit card company.

Adv. Ephraim and Odelia Shpitalni own 60% of Gamla Harel, which Harel Insurance has offered to buy at a NIS 560 million valuation.

After rejecting offers valuing the company at up to $1.7 billion last year, the Israeli polymer 3D solutions company now has a market cap of just $489 million.

Israeli private equity firm FIMI has reduced its stake in the aviation industries company from 51.8% to 26.8%.

The agreement with AMP Holdings is for specialty water soluble fertilizers, which are used in drip irrigation and designed for cash-crops.

The Bank of Israel is critical of government policy on the widening deficit and lack of a 2025 budget, and is also concerned about geopolitical uncertainty and inflationary pressures.

Instead of traveling and shopping abroad, Israelis have been spending their money in local malls and stores.

"All-out military conflict with Hezbollah or Iran could have significant credit consequences for Israeli debt issuers."

Carrefour Israel posted an operating profit of NIS 24 million in the second quarter, which compares with a loss of NIS 50 million in the corresponding quarter.

The cleantech company estimates that the plan will save NIS 5 million in annual spending, which will help it cope best with current and future challenges.

The threat intelligence and digital protection company has raised an estimated $65 million, thus providing investors with handsome returns.

Singapore-based Collective Hospitality will buy most of the Israeli hospitality chain of Selina, which became insolvent last month.

Chemomab Therapeutics is developing a treatment for rare liver scarring disease PSC.

Lando: The road to a full recovery of SolarEdge is still ahead of us and to drive this recovery at a fast pace requires new energy and leadership.

With inflation rising in Israel, the Bank of Israel Monetary Committee is not expected to cut the interest rate on Wednesday.

Solar energy installations are often financed through loans, so when interest rates fall, the expectation is for increased demand in the industry.

The private equity firm has sold 10% of the company to a group of financial institutions, leaving it with a 25% stake.