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Such a valuation would be triple the valuation last year when Poalim Capital Markets invested in the company and ten times the valuation when Sky acquired control in iDigital from Pitango four years ago.

Bank Hapoalim chief economist Victor Bahar: An interest rate rise in the first half of 2022 has become a realistic scenario.

The company has also announced the appointment of Yaron Ben Schlusch as Israel country manager.

The Tel Aviv District Court has not accepted the Israeli online trading firm's explanation of its pause mechanism and ordered Plus500 to provide details on all pauses in the past seven years.

Bank Hapoalim chief economist sees growing pressure for an interest rate rise by the Bank of Israel, although not all his colleagues agree.

As rents in Tel Aviv rise at an almost unprecedented rate, neighboring Ramat Gan and Herzliya are behind the pace.

The Chinese tech giant is considering joining Amazon Web Services, Google, Microsoft and Oracle in Israel's fast growing data centers market.

Minister of Transport Merav Michaeli: There is no dispute about the need for an overspill airport, but the decision must preserve all of Israel’s national interests.

The Israel Fire Service has refused to give the bus station a safety license.

Ariston will reportedly pay NIS 115 million for Chromagen, which is owned by Kibbutz Shaar Ha'Emakim near Haifa.

The Telecom giant already has 500 employees in its Airport City R&D center and is hiring 100 for its new offices in the ToHa tower and expanding activities to cloud solutions.

The airline has also agreed only to reduce its fleet by 9 aircraft from 45 to 36, rather than by 16 aircraft as originally planned.

A selection of recent real estate projects in Herzliya, Holon, Ashdod, Petah Tikva, Yehud, Rosh Ha'ayin and Harish.

Buoyed by the global shipping boom, Zim's share price has more than tripled since its IPO in January.

The charge will be imposed from March 2025, one year later than originally planned.

Under the bill, the retirement age for women in Israel will rise from 62 to 65 over eleven years.

With the SPAC merger of WeWork, Forbes estimates the holding of its founder and former CEO to be worth $1.6 billion.

If the government approves the plan, tourists will be allowed entry in accordance with their Covid-19 vaccination status.

If it goes ahead, the $200 million new infrastructure will be land-based.

The population of 27,000 in the south Sharon region town will increase to 46,900 if the masterplan is implemented in full.

The Israeli clothing manufacturer has filed F-1 forms with the US Securities and Exchange Commission (SEC).

Ashot Ashkelon makes parts for armored vehicles, heavy vehicles and aerospace including gears, gearboxes, transmissions, landing gear components, and engine shafts and rotating parts.

If the Eilat-Ashkelon oil pipeline agreement with the UAE is canceled due to environmental concerns, the project could be switched to Taba in Egypt.

Critics range from junior staff at tech companies and Israelis struggling to find work, to job placement agencies who even claim the plan's aim is to reduce salaries.

The Israeli online advertising and analytics platform plans completing the SPAC merger by the end of the year and listing on the NYSE at a valuation of $1.3 billion.

This will be the Isrotel chain's 21st hotel in Israel.

Senior US sources as well as Israeli sources have told "Globes" that talks on ties with more Arab countries have intensified recently.

The GES consortium is paying much more than Mekorot expected to receive for the plant, which produces a sixth of Israel's desalinated water.

AIR ONE is an easy-to-operate, all-electric two-seater aircraft with a range of 110 miles on a single charge at speeds up to 155 miles per hour.

According to the satellite navigation company, the number of journeys on Israel's roads in the first half of this month was 23% higher than in February 2020.

Hundreds of thousands of square meters of office and commercial space are planned. Bimkom deputy director Efrat Cohen-Bar: The next step is to deal with the housing shortage.

The report cites tax incentives on pension savings, and on retirement, which are frequently not realized due to their complexity.

The State Comptroller's report finds that the delay in recognizing the Leviathan field by the Energy Ministry costs Israel hundreds of millions of shekels.

In its digital currency pilot program, the central bank is having to confront tricky technical, financial, and even moral questions.

The Israeli cybersecurity company has more than doubled its valuation in less than a year.

In explaining his reluctance to make more acquisitions, Shwed told "Bloomberg" that the pace of growth in cybersecurity meant new firms were expanding at breakneck pace.

The Bank of Israel only purchased $3.14 billion in foreign currency the third quarter of 2021, after buying $25 billion in the first half of the year.

Partner has joined rival telecommunications companies Cellcom, Hot, and Bezeq in obtaining a power supply license.

Amazon is now offering free delivery on purchases from its US website from $49.

The government will grant work permits to foreign tech students, import tech experts, and encourage Jewish tech professionals to immigrate.

El Al has notified the TASE that initial talks are underway to buy the rival Israeli airline in an all-share deal.

Property owners within 800 meters of Metro stations will pay a 75% tax on the increased value of their real estate, according to the Knesset bill set to pass.

Deel allows companies to draw up contracts for employees in over 150 countries and pay staff and freelancers in local currency and according to local laws.

Navina solves the point-of-care data crisis with a physician-centric platform for assessment, diagnosis and care.

Israel Tax Authority director Eran Yaacov declares that anyone using cryptocurrencies to evade tax will be caught.

Australian gambling machine manufacturer Aristocrat Leisure is paying a 58% premium for the online software platform for gambling sites.

The main clause in the bill lifts the current maximum of NIS 6.30 per hour that municipalities can charge for parking.

The company's stock price is up sharply after the announcement of what it claims is the first device of its kind for infants and premature babies.

Israel's Ambassador to the UAE Amir Hayek told an Israeli business delegation to Abu Dhabi and local business leaders that there will soon be a regional FTA.