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18 June 2025

Eric Bentov credit: PR Arieli Group submits offer to acquire Spacecom

Arieli Group, owned by Eric Bentov and Evan Renov, is offering to inject $18 million into Spacecom’s coffers in exchange for 82% of the company’s shares.

18/06/2025 19:31 IT Globes correspondent
Elbit pavilion walled off at Paris Air Show credit: Reuters Benoit Tessier Israeli cos do brisk business at Paris Air Show despite exclusion

Even though a French court dismissed an Israeli petition against the exclusion, the attention has attracted many customers.

18/06/2025 17:43 Aerospace & defense Assaf Uni
Maor Shlomo credit: courtesy Maor Shlomo Wix acquires Israeli vibe coding co Base44

Wix will pay $80 million and milestone payments for a company, which only has six employees and has not raised any money.

Tel Aviv underground light rail station credit: NTA Home Front Command eases war restrictions

For workplaces, routine activities can be conducted as long as it is possible to reach a protected space in the required time.

18/06/2025 15:59 Economy Idan Eretz
IBI CEO Dave Lubetzky credit: Morag Bitan IBI CEO: Investors sitting at home responsible for TASE rises

Dave Lubetzky says Israelis are sitting in their safe spaces and opening private accounts to trade on the TASE, and he recommends the type of portfolio to build.

18/06/2025 15:27 Market Hezi Sternlicht
President Putin of Russia with President Pezeshkian of Iran at the signing of the cooperation agreement between the two countries  credit: Reuters/Evgenia Novozhenina "Russia long ago chose sides"

Mediation between Israel and Iran would put President Putin back onto the international stage, but the Israeli government is advised to be wary.

18/06/2025 12:39 Politics Assaf Uni
Iran downs Hermes 900 Iranian air defenses down Israeli Hermes 900 UAV

The IDF explained that the downing of the unmanned aerial vehicle (UAV) occurred during operational activity, and after a surface-to-air missile was fired at the drone.

17 June 2025

Israeli airlines to launch rescue flights Wednesday

El Al, Air Haifa, Arkia and Israir have officially announced the destinations from which rescue flights will be operated.

17/06/2025 20:38 Tourism Stav Livnat
AI21 Labs evacuated from offices after missile damage

It is not yet known, according to what the building's residents and tenants have been told, whether the building will need to be demolished.

17/06/2025 18:20 Real estate Meytal Vaizberg
Sonol warns on fuel supply disruptions

The Israeli energy company says it may not be able to supply products following the damage caused by an Iranian missile to the Bazan oil refinery.

17/06/2025 16:58 Energy Idan Eretz
Coralogix raises $115m to become newest Israeli unicorn

The full stack observability provider has developed a smart platform to identify and analyze software and computer system issues.

17/06/2025 15:50 Start ups Meytal Vaizberg
Less Iranian missiles means less warning

The smaller missile barrages launched by Iran makes interception easier but reduces warning time.

Intel could lay off up to 800 Kiryat Gat employees

Intel VP manufacturing Naga Chandrasekaran said the company will cut 15%-20% of its production workforce worldwide, starting July, "Oregon Live" reports.

17/06/2025 14:07 Employment Assaf Gilead
S&P warns on third cut for Israel's rating

The international ratings agency will drop Israel's rating from A to A minus in the event of a protracted war with Iran.

17/06/2025 13:19 Economy Oren Dori
Zvi Stepak: All factors point to home price falls

The Meitav Investment House founder and director is suspicious of the recent surge on the Tel Aviv Stock Exchange, and wary of a prolonged conflict with Iran.

17/06/2025 12:53 Economy Eitan Gerstenfeld
Minister denies Israel faces fuel shortage

A missile hit has put Bazan's Haifa oil refinery out of action, but energy minister Eli Cohen says, "The energy industry can provide everything required."

17/06/2025 10:38 Economy Idan Eretz
Israelis pay top dollar to sail home on yachts

Some tourists are paying as much as €4,000 to return home from Cyprus but some civic initiatives are bringing Israelis home for as little as €100.

17/06/2025 06:47 Tourism Meytal Vaizberg

16 June 2025

El Al to begin rescue flights for stranded Israelis

Passengers with cancelled El Al tickets to return to Israel must register on the airline's website.

16/06/2025 19:11 Tourism Globes correspondent
Despite war shekel strengthening sharply

Even after the latest strong gains, the shekel-dollar exchange rate has depreciated over the past week.

16/06/2025 16:37 Market Globes correspondent
Operation Safe Return launches to bring home stranded Israelis

Minister of Transport Miri Regev has revealed the destinations from which over 100,000 Israelis stranded abroad will be brought home.

16/06/2025 15:32 Tourism Asaf Zagrizak
Israeli defense firms excluded from Paris Air Show

Ministry of Defense director general Gen. Amir Baram has blamed France's President Emmanuel Macron for preventing Israeli companies from appearing.

16/06/2025 14:29 Aerospace & defense Assaf Uni
Israel Navy's new Barak Magen shoots down UAVs

The system, produced by Israel Aerospace Industries and installed on Sa'ar 6 missile ships has earned some $1.2 billion in sales.

Eight dead in heavy overnight missile barrage

Missiles landed in several places in central and northern Israel, and dozens of people have been taken to hospital.

16/06/2025 10:10 Politics Globes correspondent

15 June 2025

Inflation falls unexpectedly, housing prices lower

Israel’s Consumer Price Index fell 0.3% in May 2025 according to figures released by the Central Bureau of Statistics today, below the analysts' expectations.

184 partners in Israel's biggest law firm stranded abroad

The partners at the Meitar law firm traveled to an African country at the end of last week with their partners and spouses for a group trip and were meant to return home tomorrow.

15/06/2025 18:24 Legal Amiram Gill
TASE EVP explains why stock market is rising

As the Tel Aviv Stock Exchange unexpectedly gains, Yaniv Pagot tells "Globes" why investors see favorable conditions ahead.

15/06/2025 15:54 Market Netanel Ariel
Even El Al hit by latest escalation

So far the war has benefited the Israeli airline with foreign carriers staying away, but the latest escalation means Israel's skies could be closed for some time.

15/06/2025 13:24 Tourism Hezi Sternlicht
Israeli, US weapons prove themselves in Iran strikes

Penetration bombs from Elbit Systems and Lockheed Martin F-35s have performed impressively, while Jordan has assisted in intercepting Iranian threats.

Gas flow from Leviathan and Karish halted, Bazan pipeline hit

Israel Natural Gas Lines Company says Minister of Energy and Infrastructure Eli Cohen has ordered a temporary halt to the flow of natural gas from the Karish and Leviathan offshore gas fields.

15/06/2025 12:44 Energy Hezi Sternlicht
TASE: Early falls moderate; Elbit surges

The banking and insurance sectors were initially down sharply, but have recovered most of the losses.

15/06/2025 11:30 Market Globes correspondent
Overnight missile strikes kill ten in Israel

Iran launched more than 50 ballistic missiles at northern and central Israel last night. Most were intercepted.

15/06/2025 09:45 Politics Globes correspondent

13 June 2025

Israel launches major air strike on Iran

Dozens of Israeli planes hit nuclear and military sites in Iran, killing Revolutionary Guards Commander Hossein Salami and other military leaders. Israel has intercepted 100 drones fired by Iran.

13/06/2025 06:42 Politics Globes correspondent

12 June 2025

"Iran strike could boost markets long term"

Reports of imminent war with Iran have weakened the shekel and lifted the oil price, but Bank Hapoalim strategist Modi Shafrir says the long-term effect depends on the result of an attack.

12/06/2025 21:27 Politics Hezi Sternlicht
Strauss Group again hikes coffee, chocolate prices

The rises comes just six months after the company's last price hike. Strauss Group: Raw material prices have risen by up to 49%.

12/06/2025 19:36 Basic industries Shira Sapir
Fiverr leases space on Wix campus

The Israeli freelancer platform is moving out of central Tel Aviv to offices in Glilot.

Demand plunges for church-owned apartments in Jerusalem

A speculative market has emerged around the apartments owned by the church in Rehavia, Talbieh, Baka and other central Jerusalem neighborhoods, a study has found.

12/06/2025 15:00 Real estate Arik Mirovsky
Shekel weakens and TASE falls sharply amid Iran attack jitters

As US President Donald Trump admits talks with Iran have stalled, the markets see a possible attack on Iran in the coming days.

12/06/2025 11:18 Market Globes correspondent
UVision equips combat helicopters with suicide drones

The Israeli loitering munitions company has unveiled a new launch platform for its Hero 120 for combat helicopters.

Eyal Waldman: I opposed selling Mellanox to Nvidia

The Mellanox founder told the board that the company could succeed independently but he is satisfied with the merger, which has created a $3 trillion company.

12/06/2025 09:57 IT Shiri Habib-Valdhorn
Landa Digital Printing to lay off over 100 employees

Benny Landa's nano-graphic digital printing company is laying off over 20% of its workforce after a fall in sales.

12/06/2025 06:57 Employment Assaf Gilead

11 June 2025

Supreme Court deals more harshly with protection gangs

With the crime reaching plague proportions in Israel, justices are handing down stiffer prison sentences for protection racketeers.

11/06/2025 17:53 Legal Amiram Gill
Cyera raises $540m at $6b valuation

The Israeli cybersecurity company has doubled its valuation since its most recent financing round in November 2024.

11/06/2025 13:00 Start ups Meytal Vaizberg
Jobs scarce for juniors in Israel's tech industry

With AI taking over starters' functions, companies are requiring at least three years experience.

11/06/2025 12:14 Economy Meytal Vaizberg
Apple leases space in Jerusalem near Hebrew University

The US tech giant already has a presence in Jerusalem on the Har Hotzvim technology park.

VAST Data seeks to raise funding at $25b

If the rapidly growing company, a partner of Nvidia, achieves this figure, it will be an impressive leap from its $9 billion valuation in 2023.

11/06/2025 10:22 Start ups Assaf Gilead
Cyera acquires Israeli startup Shape AI

Shape AI's investors include Wiz CEO Assaf Rappaport and former Hippo CEO Assaf Wand, through the Mensch Fund.

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