News

The Israeli telecom operator is pinning its hopes on lower costs as a result of its new fiber-optic infrastructure.

1,960 housing units will be built in the neighborhood, including 243 small apartments and assisted living facilities for 300 residents.

P-Cure CEO: "Completion of the financing round will enable us to make the smart medical solution we have developed accessible to any oncological center that offers radiotherapy.

Prices are projected to rise in August, especially in the last two weeks of the month.

The Central Bureau of Statistics has raised the annualized growth estimate for the first quarter from 4.8% to 5%.

The NIS 5.90 share price in the IPO reflects a NIS 1.13 billion company value.

The Israeli company has developed the CAPTIS device for reducing the risk of stroke and other complications during catheter-based structural heart procedures.

The volume and extent of the closure was not disclosed, but is probably similar to IBF's first fund, which raised $70 million.

The market cap of the Israeli business software systems provider has leapfrogged the ailing Israeli pharmaceutical firm.

David Edry and Shai Ben-David's sentences in the bond price manipulation affair that broke in 2010 have been reduced to 42 months and 22 months.

The surprising fall in the CPI in June left the inflation rate in Israel below the official target range.

Facebook COO Sheryl Sandberg will visit Israel next month and open Facebook's new space for startups and businesses, reports "Yediot Ahronot."

Lendbuzz aims to disrupt the existing car financing market using machine learning algorithms.

The winning consortium of White City Buildings, the JTLV group, and Isrotel will build apartments and hotels.

Inflation in Israel was only 0.8% over the past 12 months, the Central Bureau of Statistics reports, decreasing the likelihood of a rate hike.

Kotler replaces Arik Pinto, who is stepping down.

Birnbaum will become chairman and be replaced as CEO by Eyal Shohat, the company's deputy CEO.

Fattal's first 'workspitality' venture is located adjacent to its NYX hotel in Tel Aviv.

The Ministry of Energy received only two bids from consortia including from UK companies Cairn and Soco, even though energy majors like ExxonMobil purchased tender documents.

Leader Capital Markets macroeconomist Yonatan Katz: A Bank of Israel rate hike is still possible in the next few months.

US investment bank Morgan Stanley has downgraded Teva to "Underperform", citing renewed pressure on generics prices.

Levin, who currently manages Discount Bank of New York, will replace Lilach Asher-Topilsky.

The Ministry of Communications is offering mobile operators NIS 500 million as an incentive to act quickly.

The TASE offering will be the third largest this year after Isracard and Altshuler Shaham.

Brown Hotels: Such centrally located hotels with potential in Tel Aviv will fit right in with our collection.

Jerusalem led in sales, followed by Kiryat Ono and Tel Aviv between March-June 2019, the Central Bureau of Statistics reports.

Israeli satellite TV company Yes is introducing a triple package - TV, Internet with speeds up to 100 megabyte and a landline.

The Leviathan field remains on schedule to deliver first commercial gas sales before the end of 2019.

A selection of recent real estate deals in Israel including in Ramat Gan, Givatayim and Ness Ziona.

Inmode had sales of $100 million last year of its aesthetic and medical treatment devices, and is profitable.

Private vehicles are being re-routed at the entrance to Jerusalem while a new business district is constructed.

Kotler formerly headed credit card company Isracard, then a Bank Hapoalim subsidiary. He was also CEO of failed investment house Prisma.

The plan is for an offering at on the Australian Securities Exchange at a $10 million valuation for Advanced Logistics Development unit ALD Software.

The roadshow for the bonds in Europe ended yesterday and will move to the US next week.

IBI invested $2 million in sales process automation company RightBound and $500,000 in AI company Xperiti.

enSilo's information protection platform safeguards end user stations and stops malicious attacks in real time.

Avi Levy asked for a NIS 225 million loan from Liora Ofer to buy shares in Melisron.

The primary efficacy endpoint of the study was the ability of C-Scan to correctly identify patients with polyps and the patients without polyps.

Hints by US Fed Chair Jerome Powell about a rate cut have pushed the shekel to its strongest against the dollar since April 2018.

The municipality is also mulling other restrictions such as limiting the number of days per year that an apartment can be rented on Airbnb.

The study funds will pay $53 million for the rights to super royalties from the Tamar natural gas field.

The lawsuit has been filed in the Tel Aviv District Court by two American-Jewish businesspeople who bought shares in Mobli for over $1.5 million.

The bonds are rated 'AA/Negative' by Standard & Poor's Maalot and 'Aa2/Negative' by Moody's Israel's Midroog.

The fund will invest several million dollars in 10 startups at the seed stage and larger amounts in subsequent financing rounds.

Amnon Shashua says that due to cost, regulation and scale, the industry must focus on robotaxi ride hailing as the future of mobility-as-a-service (MaaS) before series production cars.

The Israeli carrier is replacing the Jumbos with Dreamliners.

IBI Investment House pharma analyst Steven Tepper thinks that the legal risks threatening Teva are being overpriced.

The Petah Tikva-based company has developed a range of AI-powered engineering and testing products for tech firms.

The aim of the restriction is to provide protection for the credit card companies.

The Israeli company is reshaping smart cities with a low-cost, swift to deploy communications grid based on LED street lighting.

Israel Aerospace EVP: We are proud to partner with Firefly Aerospace and offer NASA our experience in rapid and affordable lunar missions.

Weekly flights to the Indian Ocean islands will begin in November.

The Herzliya-based company has produced a software development kit for mobile apps.

Amazon and Bank Hapoalim could offer a package including consultancy services, and providing loans to businesses seeking to set up the infrastructure for an online store.

The Herzliya-based company, which provides scalable, enterprise file storage for the cloud, has raised $75 million to date.

Leader Capital Markets was followed by IBI and Bank Hapoalim ranked in second and third places by Globes Investment Magazine.

The fund includes commitments from 12 companies in the automotive and transportation sectors.

The Orbiter 3 UAV has a 100-kilometers operational range and can fly for seven hours.

The US president has ordered his staff to prepare an order lowering prescription drug prices in the US.

The shekel is trading at its strongest levels for 15 months against the dollar and below the key NIS 4/€ rate.

The UK low-cost carrier will operate two weekly flights to France's fourth largest city.

"I emphasize that it is not a forecast by the Monetary Committee itself but by the Department's economists," Bank of Israel Governor Prof. Amir Yaron said.

However, Hod Hasharon Mayor Amir Kochavi told "Globes" that he had not heard the figure of 20,000 housing units and only knew of 8,200 homes.

Israel Airports Authority workers committee chairman Pinhas Idan: We are fed up with the Finance Ministry's false smears.

The trial for Sol-Gel's Epsolay for treating rosacea achieved all its endpoints.

The apartment is in the Aviv Limited Edition 19-floor luxury high rise, which is under construction.

Israel's Government Companies Authority objects to a private partner owning 50% of UAV manufacturer Aeronautics.

The company's market cap is more than double what it was when it was delisted.

Some investors have filed a lawsuit following Ori Yehudai's abrupt resignation as chairman of the cannabis company.

The companies are California-based CNEX Labs and Pliops of Ramat Gan.

The 3D printer manufacturer has hired Stifel Bank to help it decide its strategic alternatives.

The Bank of Israel has not changed its forecast of a rate hike in 2019 and two rate hikes next year, despite expected rate cuts by the US Fed.

Cellcom, Partner and Hot have not met their undertakings to the Communications Ministry to improve reception in the area.

The investment bank has begun covering the Israeli gig economy platform with a "Neutral" recommendation and target price of $29 per share.

Prico: The Bank of Israel was late in stocking up on ammunition and returning the market to a normal situation by raising the shekel interest rate and will now wait.

Israel will be part of a €100 million pilot program within the European Innovation Council's Horizon 2020 framework.