News

The company's share price climbed sharply on approval of a generic version of Mylan's allergy treatment and a successful Phase III trial for an osteoarthritis drug.

The Swedish investment fund said that the Israeli hailing app has $1 billion annual revenue from 100 million rides.

Construction of Road 16 will begin next year and should be completed in 2023.

The company's orders backlog totaled $8.1 billion at the end of the second quarter.

Growth was cut by a steep drop in new car sales in the second quarter, the Central Bureau of Statistics reports.

The UK Ministry of Defense is Rafael's first customer for the system.

One-time expenses for early retirement of 200 employees caused the company a NIS 37 million second-quarter loss.

Israeli company Cannabics Pharmaceuticals and Eroll Grow Tech will develop controlled propagation facilities for the medical cannabis industry and cancer treatment.

The prime minister said the increase in the defense budget would be at least 6%.

The July Consumer Price Index was unchanged but inflation remains between the government's 1%-3% annual inflation target range.

The Israeli drone manufacturer says that the NIS 430 million offer is too low.

The bank reported record profit in the second quarter and has agreed with the Bank of Israel to suspend its dividend payment to help cover any fine from the US tax probe.

The May-June index reading indicates that home prices in Israel are again rising. Inflation remains within the target range despite a lower than expected Consumer Price Index in July.

Sylvan Adams has already brought one major international event to Israel - the Giro d'Italia bicycle race.

However, the mineral water company says it is business as usual from its Katzrin spring.

At the same time, the amount of capital that startups are raising is increasing, reports Startup Nation Central.

The Twistlock platform replaces multiple outdated layers of security.

The Technion has been among the top 100 for seven consecutive years.

The fund will pay the kibbutz NIS 70 million and inject NIS 30 million into the company.

In the coming month, Elisha Hospital in Haifa will start implementing IceCure's treatments for eliminating benign breast tumors and cancerous kidney tumors.

The sale of the Bank Otsar Hahayal's offices boosted First International Bank's return on equity.

Partner's television service which surpassed 100,000 subscribers, helped boost its revenue from landline services.

The shekel has benefitted from reports that Prime Minister Benjamin Netanyahu met with Egyptian President Abdel Fattah el-Sisi to promote a ceasefire between Israel and Hamas.

Discount Bank's good second quarter results helped it substantially reduce its provisions for credit losses

El Al's market share of passengers to and from Ben Gurion airport shrank to 26.7% in the second quarter of from 29.5% in the corresponding quarter of 2017.

Berkshire Hathaway now holds 43.25 million shares in the Israeli pharmaceutical company, worth nearly $1 billion.

The Chinese brand today opened its first store in Dizengoff Center in Tel Aviv.

Kan will take a loan in order to deposit the guarantee required by the European Broadcasting Union.

The Israeli city was dragged down in the rankings by its poor score on personal safety because of the fear of military conflict and terror attacks.

The Israel Aerospace systems will be used to protect Israel's exclusive economic zone and strategic facilities which are faced with diversified marine threats.

Proceedings have been instituted against Thyssenkrupp for not fulfilling its reciprocal procurement obligations in the submarines deal.

The Tel Aviv based company's holistic emergency response ecosystem improves standard public safety and emergency response infrastructure.

The company's AI algorithm also automatically generates broadcast summaries.

The Polish discount fashion chain is offering lower prices than Zara.

The shekel is gaining as the focus is again on the fundamental strength of the Israeli economy.

"My responsibility is to prepare the economy for a crisis," Minister of Finance Moshe Kahlon said at the presentation of the Tel Aviv Stock Exchange's valuation of Israel.

Sara Netanyahu, who worked as an air hostess for El Al, was among those greeting the new plane at Ben Gurion Airport this morning.

Finance income in the second quarter jumped 11% to NIS 2.41 billion.

Companies like HP and Philips want priority status on electricity and food supply and are asking for executives to be excused army reserve duty.

The new communities were approved because of their special character.

Being questioned under caution in the Shikun & Binui bribery affair could put Shari Arison's bank control permit in jeopardy.

The Israel Securities Authority is sponsoring a bill that calls for broker-dealers to be licensed and to have independent directors.

One Equity Partners has acquired Ericsson's video and TV division and renamed it MediaKind.

Google Flights is a search engine that helps consumers find the cheapest flights between destinations by comparing fares.

5,329 new homes were sold in the second quarter, compared with 6,430 in the second quarter in 2017.

The shekel-dollar exchange rate is being influenced today by the Turkish lira crisis, as global investors flee towards the safe havens of the dollar.

Israel Police detained 13 people and carried out searches this morning.

The Yesh Atid leader offered to support the government's bill.

A decline in operating profit at the supermarket chain was offset by a rise in the value of its assets and a lower finance expense.

The Ministry of Finance chief economist says that volume of deals in June was one of the lowest for that month in the past decade.

It is suspected that Shikun & Binui executives bribed a foreign employee in Kenya to promote its projects.

The Supervisor of Banks demanded an increase in the provision  even before the "offer" by the US investigative agencies to settle the affair for a $342 million payment.

The Ministry of Foreign Affairs is no longer willing to employ flight security staff for the Israeli airlines.

The low-cost Hungarian airline will inaugurate routes from Eilat to Budapest and Sofia starting in November.

Economist Intelligence Unit: Tel Aviv was ranked 34th just five years ago. Currency appreciation played a part in this rise.

Partners & Co. in Tel Aviv's Ha'arba'ah St. will offer all the space, tools and services required by elite legal professionals, under one shared roof.

A selection of recent real estate deals in Israel including in Herzliya, Ramat Gan Givatayim, Modi'in, Lod, Sderot and Dimona.

Thousands attended the demonstration in Tel Aviv, but Zionist Union politicians mostly stayed away.

Adv. Dr. Dana Pugach, a leading expert in criminal justice, argues that there is a decrease in the reporting of crime, not a decrease in crime.

The low-cost UK carrier already flies between Tel Aviv and two other London airports - Luton and Gatwick.

The cancellation comes after investment institutions demanded a 40% cut in the offering price.

The deal combines Yotpo's user-generated marketing platform with Swell Rewards' customer loyalty club platform.

Second quarter revenue totaled $342 million. Nice has slightly raised its profit guidance.

RedHill's share price has fallen 45% since it reported the results of the Phase III trial of its drug for Crohn's Disease.

El Al was the leading carrier, with 600,000 passengers. Wizz Air was the top foreign airline.

The Israeli investment institutions consultancy company is not enthusiastic about how the online ad group, which plans a TASE IPO, is managed.

The acquisition offer, together with businessman Avichai Stolero, is at a 10% premium on the Israeli drone manufacturer's market price.

As Amazon expands Israel operations, the latest survey follows a survey among Israeli consumers several months ago.

Magic CEO: Our strategic business initiatives are paying off.

The pharmaceutical company will focus on its generic and OTC operations.

Senior IDF source: Hamas is on the path to collision and conflict.