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Yair Avidan Photo: Bank of israel Spokesperson Regulator orders Israeli banks to improve services

Israel's Supervisor of Banks Yair Avidan has criticized the banks for long waits at call centers, difficulties in fixing face-to-face meetings in branches and the lack of availability in mortgage recycling.

Tal Liani Photo: Tamar Matsafi "Israeli companies must cultivate investor relations."

BofA Merrill Lynch equity research group head Tal Liani slams the IR efforts of many Israeli companies traded on Wall Street and explains why SPAC mergers are problematic.

Medtronic Photo: Shutterstock JHVE Medtronic in talks to buy Israeli co Triple Jump for $300m

Medtronic plans integrating Triple Jump's insulin pump patch into its artificial pancreas system.

Dov Kotler Hapoalim raises $1b in green CoCo bond placement

The issue in accordance with the ICMA's Green Bond Principles is the first of its kind in Israel.

SPAC  credit: Shutterstock SPAC Finnovate files for $150m Wall Street offering

Finnovate, headed by David Gershon, Ron Golan, and Jonathan Ophir, plans to acquire a fintech company in Israel.

Ishay Davidi Photo: Eyal Izhar FIMI set to buy Ashot Ashkelon from Elbit Systems

FIMI is in very advanced talks to buy Elbit's 85% stake in Ashot Ashkelon at a company valuation of NIS 340 million.

Tomer Bar Zeev Photo: Yonatan Bloom ironSource to buy US mobile ad co Tapjoy for $400m

The Israeli company said that the acquisition will strengthen its platform offerings for mobile app and game developers.

Shekel Photo: ASAP Creative Shekel gains ahead of September CPI reading

Inflation in the US is currently at 5.4% annually while in Israel it is just over 2%.

Insightec device Photo: PR Medical device co Insightec set for SPAC merger at $2b valuation

The Israeli company has developed a device for minimally invasive surgery based on ultrasound.

El Al plane at Ben Gurion airport Photo: Michal Raz Chaimovitz Hapoalim in talks to buy El Al Frequent Flyer Club stake

The Ministry of Finance, which is demanding El Al sell 30% of its Frequent Flyer Club, is involved in the negotiations.

Tennis Slinger buys Israeli AI sports tech co PlaySight for $82m

Tel Aviv-based PlaySight delivers pro-level video technology to hundreds of thousands of athletes, coaches, teams and fans in over 30 sports.

Mortgages Photo: Shutterstock Mortgage taking high in September despite holidays

Israelis took NIS 7.1 billion worth of mortgages in September, the Bank of Israel reports.

7-Eleven / Photo: Shutterstock 7-Eleven to open first Tel Aviv store in 2022

Although open seven-days a week worldwide, Franchisee Electra Consumer Products says the store will only operate six-days a week in Israel, remaining closed on Shabbat.

ToHa1 Photo: Amir Meiri Work to begin on Tel Aviv's 63-floor ToHa2 tower

Income producing companies Amot and Bayside will invest NIS 3 billion in building and marketing the office high-rise.

Kare Schultz Photo: PR Teva to lay off 200 in Israel

Teva has reached understandings at its Kfar Saba plant, in which 198 employees will be laid off, or will take early retirement by the end of 2021.

Yossi Carmil and Yossi Ofek Photo: Shay Shviro Cellebrite buys Israeli digital intelligence co Digital Clues

Petah Tikva-based Cellebrite is spending tens of millions of the $370 million it raised in its SPAC merger last month.

Avi Ortal Photo: Oren Dai Plaskolite to buy Kibbutz Gazit's Plazit Polygal Plastics for $210m

This will be Gazit's second major exit in less than two months after selling MCP Performance Plastic to Danish food packaging company Faerch.

El Al Photo: PR Four Druze sue El Al over alleged racist security check

Two Israeli Druze couples have filed a NIS 200,000 compensation suit against the airline for alleged discrimination and humiliation during a security check.

Bank Leumi Photo: Eyal Izhar Leumi USA merger could benefit other Israeli banks

Some banking sources believe the loss of Leumi USA's Israeli identity will benefit rivals Hapoalim and Discount in the US market.

Gigi Levy-Weiss Photo: NFX Beach Bum's backgammon hits the jackpot

Company founder Gigi Levy-Weiss discusses the huge potential of Israel's tech industry and gaming sector and insists there is no bubble waiting to burst.

El Al plane at Ben Gurion airport Photo: Michal Raz Chaimovitz Can streamlining and state aid save El Al?

Despite its dire situation, El Al has strong cards in its negotiations over a rescue package with the Ministry of Finance.

Israel's Wall Street tech top ten worth $136b

Five of the companies held IPOs this year and the names are all unfamiliar because the tech companies offer B2B products.

Jifiti founders Photo: PR Point of sale credit boosts Israeli fintech

The 'buy now pay later' per purchase credit trend sweeping the world is good news for the Israeli startups in the sector.

Shimon Eckhouse  credit: Jonathan Bloom Shimon Eckhouse rides again with SofWave

Aesthetic medicine veteran Eckhouse (Lumenis, Syneron) explains what's new about SofWave and why it chose Tel Aviv for a flotation.

Few tellers left in Israel's banks

Despite the dominance of ATMs and digital services, Mizrahi Tefahot is bucking the trend and has kept personal teller services in all of its branches.

High-tech office / Photo: Shutterstock, Shutterstock.com 8.7% of the workers pay 24% of the taxes

Resentment at the high earnings of technology sector employees overlooks their outsize contribution to Israel's economy.

Dollars Photo: Shutterstock Israel failing to collect billions on tech share options

Tech employees in Israel need only pay 25% capital gains tax on share options rather than the much higher income tax rate.

Viola Ventures congratulates portfolio companies on their IPOs credit: City Media Apple's privacy move pressures Israels digital ad sector

Companies like Playtika, ironSource and Outbrain have been struck blind when it comes to Apple users.

Outbrain Nasdaq IPO Photo: PR How are IPOs priced on Wall Street?

11 Israeli companies have held Wall Street IPOs this year. Oppenheimer Israel co-CEO Harel Gillon unravels the mysterious mechanisms behind the pricing of shares.

Anath Levin  credit: Rami Zarnegar "The big question is where government money will go"

Surveying the investment landscape, BlackRock Israel head Anath Levin says spending on programs that produce growth can mitigate inflation fears.

Israeli startups develop appetite for acquisitions

More and more of the capital raised by Israel's startups is being invested in M&As. But can Israel's young entrepreneurs succeed where so many tech giants fail?

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