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The company expects that the layoffs and other cost cutting measures will reduce annual expenditure by $30 million.

The Holon-based company develops AI big-data analytics for the semiconductor and automotive industries.

The shekel is at its strongest against the dollar since early March, on the eve of the coronavirus crisis.

A new coupon feature on the food company's Strauss+ app opens data-gathering possibilities no competitor possesses.

The companies, which had been in the doldrums, have seen their share prices leap since hitting lows March.

The kibbutz sold the stake in the water metering solutions company for NIS 156 million.

Controlling shareholder Teddy Sagi has bought the shares, rewarding KAPE's management team for increasing the company's market cap tenfold.

The Israeli company has raised NIS 20 million from investors to develop cultured meat for 3D printing.

The company, which has  developed an implant for delayed release of antibiotics, plans an IPO at a $300 million valuation.

Net profit was NIS 357 million, down 11.6% from NIS 404 million in the first quarter of 2019 but nevertheless, the biggest profit of Israel's banks.

SaverOne plans to raise NIS18-26m at a company valuation of NIS 100 million, after money.

The Israeli freelance services platform has seen its share price rise over 200% since its NYSE IPO less than a year ago.

The Israeli cybersecurity company's cofounder will be replaced by Jerry Ungerman.

Israel's largest retail chain was boosted by consumer spending on food and household goods due to the coronavirus crisis.

In a bid to improve liquidity, El Al has sold its 25% stake in Maman, which provides cargo and logistics services to Ben Gurion airport.

The Israeli freelance services platform has seen its share price triple since its Wall Street IPO last June.

The bank's credit loss expense soared 365%, but it still posted a NIS 279 million quarterly profit.

A bar on Chinese firms participating in telecommunications infrastructure has implications for Hutchison's stake in Partner.

Bank Leumi's provisions for the effects of the coronavirus pandemic fell entirely in the first quarter.

Mortgages worth $5 billion were taken in April, the Bank of Israel reports.

MUFG Innovation Partners has tripled its investment in Fundbox’s Series C round, bringing total equity funding in the round to almost $200 million.

The Covid-19 crisis had no effect on the Israeli defense electronics company in the first quarter.

The Israeli economy might have contracted 7.1% in the first quarter but the Bank of Israel sees it bouncing back more quickly than previously thought.

"The threshold condition for obtaining a bank loan with a state guarantee is the signing of a labor agreement."

Delek has signed an agreement to sell all its rights to royalties from the Karish and Tanin offshore gas fields to the Noy Fund for NIS 318 million.

IEC CEO Ofer Bloch: Even at a time of global crisis, investors were not deterred, and injected high demand for the offering.

The El Al cargo aircraft is the first in a series of flights that will take medical equipment from Istanbul to New York.

CEO Eran Taus: The coronavirus pandemic actually strengthens our strategic plan for a transition to online medicine at home.

The $25.6 million offer for 8,669,029 shares would increase FIMI's stake in the Israeli security systems company from 42.6% to 80%.

The company is believed to be planning to raise NIS 150 million at a valuation of NIS 500-550 million.

Financial consultant Yossi Frank explains why he thinks the Israeli currency will soon be trading in the NIS 3.60-3.75/$ range.