Front > News

News

15 July 2026

Moody's offices in Vilnius  credit: Shutterstock/Andrius Zemaitis Moody’s praises strong Israeli economy

The latest report indicates no pressures, upward or downward, on Israel's credit rating or the rating outlook.

15/07/2026 13:03 Economy Yuval Nisani
Tower Semiconductor fab  credit: Shlomi Yosef Intel, Tower expanding in Ireland, Japan - just not in Israel

Government support appears to tip the scales when it comes to major investment decisions by semiconductor companies.

15/07/2026 11:58 Economy Meytal Vaizberg

14 July 2026

Pelephone signs MOU for acquisition of Wecom

The acquisition price is NIS 265 million, subject to adjustment in the final agreement, if one is signed

Tower Semiconductor set for major expansion in Japan

The dual-track expansion program is accompanied by a significant rise in financial targets for 2028.

14/07/2026 19:31 IT Shiri Habib-Valdhorn
Rafa offer for sale nets FIMI NIS 500m

Private equity firm FIMI bought control of pharmaceuticals company Rafa Laboratories from the Sackler family in 2020.

14/07/2026 17:28 Healthcare Hezi Sternlicht
Rappaport vies with Tshuva for Herzliya hospital

Assaf Rappaport and the other Wiz founders seek to buy 25% of Herzliya Medical Center at a NIS 1 billion valuation, and a similar offer from Yitzhak Tshuva is still open, but regulation may thwart both contenders.

14/07/2026 11:59 Healthcare Gali Weinreb

13 July 2026

Germany opposes EU trade embargo on settlements

German Foreign Minister Johann Wadephul prefers dialogue and insists measures would require a unanimous vote of all 27 EU member states.

13/07/2026 20:35 Politics Assaf Uni
Regev pushes to appoint crony as Israel Railways chair

Avner Flor, currently acting CEO of Israel Railways, is a close associate of Minister of Transport Miri Regev.

Discount Bank mulls Mercantile merger

Israel Discount Bank board of directors has decided to examine the merger of its subsidiary Mercantile Discount Bank into it.

Redis to lay off 80 in Israel

“Globes” has learned that the company is laying off 27% of employees at its Israel development center.

13/07/2026 14:58 Employment Meytal Vaizberg
Guarantors give Bennett, Eisenkot financial push

Donations to political parties in Israel are limited to NIS 14,000, but heavyweight businesspeople get around this with guarantees.

13/07/2026 14:07 Politics Jennifer Sillon
FIMI closes $1.75b eighth fund

The Israeli private equity firm has raised its biggest-ever fund and currently manages assets worth over $11 billion.

13/07/2026 14:03 Economy Shiri Habib-Valdhorn
Legislative rush reprieves deserters, omits economic reforms

Deals with the haredi parties to pass bills on the attorney general and the media in the Knesset's last week leave important economic legislation by the wayside.

13/07/2026 11:22 Economy Asaf Zagrizak

12 July 2026

Date set for Knesset elections

The date of the dissolution of the Knesset will be July 17, meaning that the elections will be held on October 27.

12/07/2026 17:56 Politics Yuval Einhorn
“Globes” poll of polls: Eisenkot closes gap on Likud

The polls consistently say that the coalition will be unable to form a new government but so too would the opposition, without including Arab parties.

Urban renewal plan includes Haifa's tallest building

The Gateway Project in Kiryat Eliezer will include a 65 floor building.

12/07/2026 15:24 Real estate Yuval Nisani
Apartments sold and rented

A selection of recent real estate deals in Israel in Jerusalem, Beitar Illit, Kiryat Motzkin, Migdal Ha’emek, Ofakim, and Eilat.

12/07/2026 12:44 Real estate Nir Weiss-Vadraru
Rafael to produce Iron Dome interceptors in India - report

The move would expand the Israeli defense company’s participation in the Make in India program and enhance the production and supply chain of interceptor missiles, India’s NDTV reports.

09 July 2026

Matrix IT buys Laor Energy to expand defense offering

Matrix IT is paying NIS 73 million for 80% of the Tsipori-based company, which which integrates power systems and electro-mechanical components.

Land contamination threatens thousands of new homes

In addition to Sde Dov, potentially contaminated sites include Herzliya Airport, the Sirkin IDF base in Petah Tikva, and the Glilot area, lands on which thousands of apartments are planned for the coming years.

09/07/2026 15:55 Real estate Arik Mirovsky
Azrieli selling stake in data centers unit Green Mountain

The Israeli income producing real estate company has hired Goldman Sachs to find a partner to invest €1 billion in Green Mountain at a valuation of €4-5 billion.

09/07/2026 14:39 Real estate Hezi Sternlicht
Institutional investors weakening shekel

The hedging activities of Israel’s institutional investors is the main factor driving the recent depreciation of the shekel but the Bank of Israel and US-Iran tensions are also important influences.

09/07/2026 12:39 Market Boaz Bin-Nun
Pyrrhus Aeronautics unveils rifle mounted drone control system

LADRS, battle proven in Gaza and Lebanon, is a joystick-free drone control system that lets combat soldiers operate drones without taking their fingers off their rifle’s trigger.

08 July 2026

Metro tunnelling to begin next month

Minrav Group will build a 35 meter shaft from which TBM machines can begin tunnelling.

MyHeritage to lay off 15% of workforce

MyHeritage currently has 500 employees in Israel, the US and Europe.

08/07/2026 17:13 Employment Meytal Vaizberg
After a challenging start, Carrefour looks to flotation

Chairperson Zvika Schwimmer: We have reached all the goals that we set for ourselves.

08/07/2026 16:52 Retailing Nevo Shafir
Vietnam defies Eurosatory ban to meet Israeli defense cos

Senior Vietnamese officials met with companies that were allowed to exhibit at the French exhibition and some that were not, “Intelligence Online” reports.

Assaf Rappaport buys Israeli social media group

Israel Bidur’s Instagram page has 1.7 million followers, and the group has about 1.1 million followers on TikTok.

Fiscal deficit narrows as tax revenues jump

Israel’s fiscal deficit in the 12 months to the end of June 2026 narrowed to 3.3% of GDP, from 3.75% at the end of May 2026.

08/07/2026 14:28 Economy Asaf Zagrizak
Rami Levy's Cando Drones completes TASE IPO

The company raised NIS 19 million at a valuation of NIS 102 million.

Iran asserts control of entire Strait of Hormuz

The Iranian Revolutionary Guard attacked three ships attempting to pass through the Strait via Omani waters, in the belief that more concessions can be extracted from the US.

08/07/2026 11:51 Politics Dean Shmuel Elmas

07 July 2026

Recanati family buys control of Maccabi Tel Aviv basketball team

The Recanati family has paid $50 million to increase its stake from 29% to 58%.

07/07/2026 22:21 Economy Globes correspondent
Teva reports positive skin treatment drug results

The Israeli company reported in the study that patients showed improvements in skin pigmentation with vitiligo.

07/07/2026 17:56 Healthcare Shiri Habib-Valdhorn
Nvidia inaugurates expanded Beersheva R&D center

The new center is triple the size of the previous Nvidia offices in the city and the chip company plans hiring hundreds of new employees for the Beersheva site.

07/07/2026 16:47 IT Meytal Vaizberg
Bank of Israel intervenes in forex trading again

The Bank of Israel bought foreign currency worth over $1 billion in June to moderate the strengthening of the shekel.

07/07/2026 14:52 Market Asaf Zagrizak
Tower shareholders nix new compensation policy

A rise in the annual salary of CEO Russell Ellwanger was approved, but not a rise in his maximum annual bonus.

07/07/2026 14:34 IT Shiri Habib-Valdhorn
Judges: Flouting court rulings exposes public servants to lawsuits

The Supreme Court's statement follows the government's declaration that it will not comply with a ruling on the Council of the Second Authority for Television and Radio.

07/07/2026 13:37 Legal Nitsan Shafir
Sharp rise in tech sector job seekers

The Israeli Employment Service says that since 2023, the number of job seekers with five to eight years of experience in the tech sector has risen 138% and insists AI is not to blame.

07/07/2026 13:08 Employment Meytal Vaizberg
Yaron: Interest rate forecast isn't a promise

Speaking to "Globes" after the release of a surprisingly low interest rate forecast, the governor of the Bank of Israel stressed the geopolitical risks.

07/07/2026 11:33 Economy Asaf Zagrizak
Twitter Facebook Linkedin RSS Newsletters âìåáñ Israel Business Conference 2018