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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.

Tomer Bar Zeev Photo: Yonatan Bloom ironSource jumps on Vodafone partnership

Vodafone will be integrating the ironSource Aura solution suite on its Android devices across Europe.

Hanan Friedman Photo: Oren Dai Valley National buys Bank Leumi USA at $1.2b valuation

Valley will pay for 90% of the deal in shares, giving Leumi a 14% stake in the merged bank.

Tamar rig Photo: Albatross Delek Drilling to distribute $100m dividend

After selling its stake in the Tamar field to Abu Dhabi's Mubadala Petroleum and record revenue from the Leviathan field, Delek Drilling is distributing profits.

Elbit Systems night vision goggles Photo: Elbit Systems Elbit Systems wins follow-on US night vision order

The Israeli defense electronics company has been awarded a $54 million production order to supply enhanced night vision goggle binocular systems.

Switching between banks  credit: Eyal Izhar Hassle-free switching between Israeli banks underway

On the first day, few customers took advantage of the new system automating the move from bank to bank.

Cybellum founders Michael Engstler and Slava Bronfman  credit: PR LG makes first Israeli acquisition: Vehicle cyber co Cybellum

Cybellum provides solutions for identifying security weaknesses in vehicle software systems.

Jerusalem light rail Ludan to provide Jerusalem light rail ticketing system

The project will be performed over four years at a cost of NIS 40 million and then over 25 years at an annual maintenance cost of NIS 2 million.

Avigal Soreq Photo: Eyal Izhar El Al demands $100m compensation from Israeli gov't

El Al CEO Avigal Soreq is seeking compensation for 'damage caused by the state' as part of a streamlining plan to cut its fleet from 45 to 29.

Yoni and Ronen Assia Photo: Eyal Izhar eToro postpones $10.4b SPAC valuation merger

The Israeli trading platform had been meant to merge with FinTech Acquisition Corp. V by September 30.

Amos Simantov  credit: PR Israeli fintech co Way2Vat completes IPO in Australia

Way2Vat is the developer and operator of an automated, AI-based platform for filing VAT returns.

El Al plane at Ben Gurion airport Photo: Michal Raz Chaimovitz El Al plans 1,500 more layoffs, selling 16 planes

The streamlining plan will see the Israeli airline stressing the North American market and cutting routes to Europe.

Mortgages Photo: Shutterstock Mortgage taking in Israel broke record in August

The value of mortgages taken in August 2021 in Israel was NIS 11.9 billion, beating the previous record monthly figure of NIS 11.6 billion taken in June.

Yoaz Hendel credit: Eyal Margolin Israeli ISP-infrastructure split to end March 2022

The Ministry of Communications has approved the agreement reached between Bezeq and the Internet Service Providers.

Keter factory in Karmiel  credit: Keter Keter Plastic files for NYSE IPO

The Israeli house and garden plastic products company seeks a valuation of $2-2.5 billion.

Pagaya founders Photo: Roy Perry Legal move threatens Pagaya SPAC merger

Two US law firms are examining whether the deal over-dilutes EJF Acquisition Corp.'s shareholders.

Pagaya founders Photo: Roy Perry Fintech co Pagaya announces $8.5b valuation SPAC deal

The Israeli company, which has developed an AI platform for analyzing credit applications, will receive $288 million from EJF Acquisition Corp's cash in trust plus $200 million in PIPE financing.

Fintech Photo: Shutterstock Health incentive life insurance co Sproutt raises $26m

The Israeli company has developed a predictive life insurance that rewards healthy behavior.

Pagaya founders Photo: Roy Perry Israeli fintech co Pagaya set for $9b SPAC deal - report

Pagaya, which has developed an AI platform for analyzing credit applications, is to merge with EJF Acquisition, "The Wall Street Journal" reports.

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.

Tel Aviv bank in Ahuzat Bayit Street to be sold Photo: Mizrahi Tefahot spokesperson Mizrahi Tefahot sells properties to Mivne for NIS 530m

Most of the assets were formerly branches of Union Bank, with which Mizrahi Tefahot merged last year.

Golbary warehouse, Tzrifin  credit: Assaf Lev ISA probing Tzrifin logistics park sale

Losing bidders in the auction have alleged possible conflicts of interest on the part of directors of the pension fund selling the site.

Shekel-dollar ASAP Creative Leumi sees shekel appreciating rapidly

Bank Leumi strategist Kobi Levi: The basic conditions of the Israeli economy clearly point to a strengthening of the shekel.

Roy Zisapel Photo: Nicola Zeff Siris Capital in talks to buy Radware for $1.7b - report

The US private equity firm is negotiating to acquire the veteran Tel Aviv-based cybersecurity company, CNBC reports.

Ido Erlichman Photo: OH! PR Kape buys VPN provider ExpressVPN for $936m

The Israeli cybersecurity company says the acquisition will help it define the next generation of privacy and security protection tools and services.

Meytal Shavit, Elad Tsur, Yinnon Dolev and Diyaa Shridi Photo: Michael Cohen Israel's Planck teams with Japanese insurance giant Sompo

Planck’s AI-based platform gathers publicly available data about businesses and applies machine learning to generate insights, allowing insurance companies to more accurately assess risks.

JFrog Photo: Nasdaq PR JFrog buys Israeli remote device management co Upswift

Upswift has developed a management platform for remote updates of IoT devices by developers is led by two 27 year-olds.

David (Dudi) Ezra  credit: Aviv Hofi David Ezra amasses NIS 700m from Neto in three years

In his most recent deal, Ezra, who remains in control of Neto ME Holdings, sold a further stake at double the market price.

Elbit Systems unmanned ani-submarine naval vessels Elbit Systems wins unmanned anti-submarine vessels deal

The Israeli defense electronics company has won contracts worth $56 million to deliver the vessels to an Asian-Pacific country.

VisibleRisk employees Photo: Doron Letzter BitSight buys Israeli cyber risk assessment co VisibleRisk

VisibleRisk was founded in 2019 as a collaboration between Israel venture group Team8 and Moody's, who have invested $30 million in the company to date.

Gilad Glick  credit: Dan Miller Israeli sleep diagnostics co Itamar Medical sold for $538m

The buyer, ZOLL Medical, is paying a 50% premium over Itamar Medical's share price before the announcement.

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