News

Israel Aerospace Industries' Aviation Group will maintain Gulf Air planes at Ben Gurion Airport when the airline launches its Tel Aviv-Manama service.

According to Al-Monitor, at least three meetings have been held between the sides, after a decade of frosty relations.

Seven severely ill patients treated with Enlivex's Allocetra, which stops the immune system running out of control, have fully recovered.

El Al has asked the Ministry of Finance to increase the government guarantee for any from 75% to 82.5%.

OTV has prioritized investment in digital health companies and portfolio companies including TytoCare, Lemonaid Health, Emedgene, Scopio and Donisi Health.

1,568 people tested positive for the virus yesterday, Israel's Ministry of Health reports, the largest number of new infections since mid-October.

The Israeli company will manage ad campaigns for small and medium sized businesses on Tik Tok.

Analysts expect the Israeli currency to continue gaining against the dollar.

The end of the second lockdown in England has increased demand.

Many of the mayors in the Greater Tel Aviv Metropolitan region say they were not properly consulted on the routes of the Metro lines.

Financial analyst Shmuel Berger sees the shekel continuing to appreciate.

Elections for the 24th Knesset in 2021 moved a step closer today with the Knesset passing the first reading of the dissolution bill by 61 votes to 54.

Biosight, based at Airport City near Tel Aviv, is developing innovative cancer therapeutics for hematological malignancies and disorders.

The Caesarea-based company has developed a medical valve that is inserted into a catheter for symptomatic patients with primary or secondary mitral regurgitation.

Bizaboo has successfully pivoted to develop technology for virtual conferences.

IDB Development trustee Adv. Ophir Naor has asked the court to approve the NIS 75 million bid by Rami Levy's BGI Investments.

The Finance Ministry's attempts to nullify the effect on the fiscal deficit of the artificial rise in the average wage could be thwarted.

The number of excess deaths fairly closely matches the number of reported deaths from Covid-19.

Analysts see the shekel continuing to appreciate against the dollar.

NIO electric vehicles will be used in trials on Tel Aviv routes, after a delay in the arrival of Volkswagen minivans.

Ghaith Al Ghaith says the current 60 weekly flights on the Tel Aviv - Dubai route won't be enough for both tourism to UAE and connection flights.

The IEC said that the lower tariffs were made possible by the sale Ramat Hovav power station, and the fall in natural gas and coal prices.

The OECD's latest economic forecast sees Israel's economy contracting 4.25% in 2020, with only 2.25% growth in 2021 and 4.25% growth in 2022.

Israeli tech companies, which raised a record $8.3 billion in 2019, have already raised over $9.7 billion in the first 11 months of 2020, despite the Covid-19 crisis.

Israel Institute of Biological Research director general Prof. Shmuel Shapira is frustrated by over-regulation and the preference for foreign-made vaccines.

The hotel group's third quarter revenue was down 55% but the results were better than expected.

The subsidiary, which was recorded at a value of NIS 652 million on Bezeq's books, will be cut to a book value of NIS 123 million.

Israir launches its Tel Aviv - Dubai route tomorrow morning at 10am when 170 passengers are booked on its maiden flight.

Ittai Ben-Zeev says Israel Aerospace will find it difficult to raise $1 billion solely from Israel investors.

Supervisor of Banks: The aim is to help customers coping with the fallout of the crisis.

The Bank of Israel sees Israel's economy contracting 5% in 2020, if there is a drawback in removing restrictions.

TIPA is developing compostable, flexible food packaging to replace environmentally damaging platic packaging.

The Israel Water Authority conducted a dress rehearsal yesterday for opening the Deganya dam.

Despite the ongoing appreciation of the shekel, Leader Capital Markets macroeconomist Yonatan Katz does not expect the Bank of Israel to change its monetary policy.

The fully computerized electric vehicle manufacturer could ultimately end the traditional autonomy of Israel's car dealers and impact car insurance.

Saudi Arabia has given the green light for flydubai to fly over its airspace but permission for El Al, Israir and Arkia is not yet forthcoming.

The Ministry of Finance is expected to present a budget of NIS 426 billion for 2021, plus NIS 54 billion in special assistance because of the pandemic.

The maximum price of government price controlled 95 octane gasoline at self-service pumps in Israel will rise by NIS 0.09 to NIS 5.43 per liter on Monday night, December 1.

Delek Drilling has filed with the Financial Conduct Authority to list a spin off on the London Stock Exchange that would own the Leviathan and Aphrodite fields.

The contract will be performed over a nine-year period, with an option to extend the maintenance services for an additional 10-year period.

The Ministry of Defense is hoping to sell 29 surplus fighter jets to the Montreal-based defense training contractor for $3-4 million each.

A selection of recent real estate deals in Israel including in Jerusalem, Ramat Gan, Netanya, Hadera, Shoham, Ashdod and Yavne.

Black Friday spending in Israel was down 10% on last year, according to credit card data.

Recent rises in the capital market mean that the insurance group will return to collecting variable management fees on with-profit policies.

The agreement was with Cephalon, which Teva subsequently acquired, concerning sleep disorder treatment modanifil.

The solution to be supplied comprises hundreds of handheld E-LynX SDR systems for dismounted soldiers and vehicle systems.

These are large hubs that will connect between the Metro, light rail, Israel Railways and buses and have major developments above the stations.

The Israeli energy company will face major cash flow challenges in 2021 and 2022, with more than NIS 3 billion to be repaid by the end of 2022.

With the shekel approaching NIS 3.30/$, traders reported that the Bank of Israel has bought hundreds of millions of dollars in foreign currency today.

The libel case was filed by Black Cube in the UK after the "Uvda" alleged that Israeli billionaire Idan Ofer, had hired the firm in 2014 to investigate then-finance minister Yair Lapid.

The malls will remain open for a pilot period until December 6, during which time the effectiveness of health regulations will be monitored.

Soreq, an accountant and air force pilot and former Delek US SVP, will replace Gonen Usishkin.

The Covid-19 crisis has hit the Tel Aviv housing market hard with deals down 66%, the Madlan online realtor reports.