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Elbit Systems credit: Shutterstock Elbit unit wins Chilean simulation tender

The tender win for driver and gunner simulators for APCs reflects a turning point in relations between several Latin American countries and Israeli companies in general and Elbit Systems in particular.

The shekel   credit: Gil Gibli New forces at play as shekel appreciates

The shekel-dollar rate has traditionally correlated with movements on US stock indices, but the Israeli currency's recent strength goes beyond that link, analysts explain.

Governor of the Bank of Israel Amir Yaron  credit: Danny Shem Tov processing: Tali Bogdanovsky BoI claims mutual hedge funds threaten financial stability

In a stormy Knesset Finance Committee session, capital market representatives expressed shock at the Bank of Israel's approach.

Mutual hedge funds on the rise  credit: Shutterstock Mutual hedge funds approach NIS 4b

The best funds have handily beaten the stock market indices, but the expiry of the relevant legislation makes the future opaque.

Broken unicorns Illustration: Gil Gibli IVC-LeumiTech: 2025 was tale of two M&A trends

While last year saw stunning exits by Wiz, CyberArk and Armis, many exits saw Israeli startups sold for less than they had raised.

Delek Israel chairman Avi Levy and Hot owner Patrick Drahi credit: PR, Studio Alterego Hot Mobile accepts NIS 1.88b Delek Israel bid

Delek Israel has received an exclusive period of 60 days to complete due diligence and sign a binding agreement to buy Hot Mobile.

Amir Heshmatpour  credit: Shore & Wave The Iranian businessman testing a cancer drug in Israel

American-Iranian investor Amir Heshmatpour made his fortune in US biotech companies. He’s now in Israel with NeOnc, developer of a nasally administered brain cancer drug.

Drilling platform off Limassol  credit: Shutterstock Israel nears pact with Cyprus on Aphrodite-Ishai gas reservoir

An Israeli delegation is due in Nicosia this week to try to finalize an agreement on development of the reservoir, a small part of which is in Israel's economic zone.

Holmes Place CEO Keren Shtevy  credit: Yoni Reif CEO buys 7.5% stake in Holmes Place

Keren Shtevy, CEO of the fitness clubs chain, is paying More Provident Funds NIS 51 million for the shares.

Delek Israel chairperson Avi Levy credit: PR Pelephone, Delek Israel up bids for Hot Mobile

Both companies have set a deadline of this Thursday for Hot Mobile parent company Altice to sign a binding sale agreement.

Leviathan platform  credit: Albatross Leviathan partners to invest $2.36b to expand production

Annual production capacity in the offshore Israeli gas field will increase from 12 BCM to 21 BCM by 2029.

Dr. Yoav Zeif  credit: Stratasys Stratasys enables Subaru to halve tool development time

The Israeli 3D printer company's stock jumped 14.7% on Wall Street on Thursday, following the announcement.

Stock market rises boost Israelis' assets under management  credit: Shutterstock Israeli public's assets under management exceed NIS 4 trillion

The value of assets managed by Israeli financial institutions has doubled in less than seven years, according to the Bank of Israel.

Elbit Systems PULS artillery system credit: Elbit Systems India signs deal for Elbit developed PULS launchers

Nibe signed an agreement with Elbit in August, to build the PULS system in India.

Ilan Yeshua credit: Eyal Izhar It’s never too late to be an entrepreneur

At 64, in the midst of giving evidence in the Netanyahu corruption trial, former Walla! CEO Ilan Yeshua cofounded Seraphic Security, acquired this week by Crowdstrike.

Mortgage burden illustration: Gil Gibli Banks fail to fully pass on rate cuts to mortgage takers

Israeli mortgage banks have taken advantage of the recent interest rate cuts to increase their profit margins by 37% on new mortgages.

Robert Antika  credit: PR Ohad Romano Playtika lays off 15% as “market reality changes”

At the end of 2024, the gaming company had about 3,500 employees, meaning it will shed 500 employees.

Check Point offices credit: Tali Bogdansky China to ban use of Check Point products - report

China has warned Chinese companies not to purchase cybersecurity solutions of a dozen US and Israeli companies out of concern that national security will be harmed, Reuters” reports.

Jumbo Greece branch  credit: Daniel Batash Fox opening Jumbo Greece store in Rishon LeZion

Fox Wizel is rapidly expanding the activity of the Greek retail chain in Israel, and holds the franchise for Canada as well.

Rami Levy  credit: Jonathan Bloom Rami Levy looks to banking

The supermarket chain’s finance unit is seeking a license to provide payments services, which would allow customers to hold digital current accounts.

Yoni Assia  credit: eToro PR eToro lays off 7% of workforce

The Israeli fintech company had 1,501 employees at 10 sites around the world at the end of 2024, so the company is laying off just over 100 employees.

Ilan Yeshua credit: Eyal Izhar Crowdstrike buys Israeli co Seraphic Security for $420m

Seraphic Security is engaged in browser security and has developed a complementary product to Crowdstrike's endpoint protection system.

Doron Blachar Credit: Nir Slakman Ormat signs $200m data centers deal

The deal to provide Switch with 13 MW of clean energy is expected to be the first of many such contracts in the data centers sector.

Zohar Levy  credit: PR Summit wins New York property auction despite mayor's intervention

The New York court dismissed Mayor Zohran Mamdani's motion against the bid by a unit of Israeli company Summit Real Estate Holdings.

Wiz CEO Assaf Rappaport and Tax Authority chief Shay Aharonovich credit: Yossi zamir and Eyal Izhar Israel Tax Authority demands tax on Wiz IP

In a tax dispute worth billions of dollars, the cybersecurity company, acquired by Google for $32 billion, claims its intellectual property is in the US.

Elbit defense system credit: Christian Thiel Elbit wins $275m helicopter protection deal

The Israeli defense electronics company will supply its advanced airborne self-protection electronic warfare suite, including its Direct Infra-Red Counter-Measure (DIRCM) system, to an Asian-Pacific country.

Thirdeye Systems CEO Lior Segal credit: Yakir Shukrun UAE co Edge confirms investment in Israel's Thirdeye Systems

The deal was signed a year ago, and Thirdeye Systems' shareholders are due to meet to approve in on January 15.

Teva CEO Richard Francis credit: Sivan Faraj Teva collaborates on skin disease treatment, releases targets

Royalty Pharma will provide up to $500 million for development of a treatment for vitiligo.

Nova CEO Gabi Waisman credit: Nova Nova stock soars to new peak

The Israeli metrology solutions company for semiconductor manufacturing closed trading on Friday at $394 per share, giving a record market cap of $11.7 billion.

Wix offices  credit: Yossi Cohen Wix "back to the office" move provokes stormy debate

Some see the move leading to massive loss of talent, while others argue that it expresses the company's ethos.

Zehavit Cohen credit: Rami Zarnegar Former controlling shareholder Apax reduces Max Stock stake

The Israeli discount retail chain is now left without a controlling shareholder.

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