News

Founded in Tel Aviv, the business banking solutions and services company is firing 20% of employees in its Israel development center.

Even if Delta Airlines resumes Israel flights in April 2025 as planned, many of its tickets are more expensive than the equivalent El Al tickets.

The amount of mortgages in arrears of 90 days or more rose 8% in October compared with September.

The Tel Aviv-based company is redefining identity security for the AI era.

Darren Friedman, a partner at alternative investment firm StepStone says the traffic jams in Tel Aviv show that it is business as usual here.

The company will supply Self-Protection Suites for the country's Embraer C-390 Millenium aircraft and Airbus H225M helicopters.

Air Haifa is currently operating all its flights from Ben Gurion airport but from December 22, Air Haifa will commence operating flights from its home base at Haifa airport.

Three investment exports gathered at the Israel Business Conference to discuss trends and risks.

The Israeli ClimaTech Paris Summit brought sixteen Israeli companies with technologies designed to combat climate change to Paris.

At a conference organized by Pearl Cohen Zedek Latzer Baratz law firm Privacy Protection Authority legal advisor Adv. Reuven Eidelman warned that due to the rise in cyberattacks and data security events, directors are required to ensure the preparedness of their companies.

Peter McKay told “TechCrunch’: We’ve got $435 million in the bank and are very close to break-even. In 2025, we won’t burn any cash, so I can pick the time when I go public. I don’t need to rush.”

Israel’s foreign exchange reserves at the end of November 2024 rose to $217.1 billion, an increase of $1.026 billion from their level at the end of October, the Bank of Israel reports.

Bank Leumi: With the hope that uncertainty will subside, the fundamental forces, such as the current account surplus, continue to support the appreciation of the shekel.

Remepy co-founder Michal Tsur told the Israel Business Conference about the therapy revolution whose time has come.

The deficit for the twelve months to the end of November this year was 7.7% of GDP, the Ministry of Finance reports.

At the Globes' Israel Business Conference, Orna Kleinmann presented SAP’s vision of artificial intelligence for business.

The company is buoyed by improved profits, and the expectation of more liberal regulation in US financial markets when Donald Trump becomes president.

The US investment firm became a party-at-interest in the Israeli cybersecurity company earlier this year when it sold Venfai to it for $1.54 billion in a cash and share deal.

The Israeli pharmaceutical firm is selling its 51% stake in the joint venture to private equity firm J-Will Partners.

In the first year of the war, the Ministry of Defense placed orders worth NIS 601 million with 86 startups and small companies - five times more than in the previous year.

On a marketing panel at the Globes Israel Business Conference, the panelists talked about breaking through globally, and what makes the Israeli ecosystem special.

A selection of recent real estate deals in Israel in Tel Aviv, Holon, Yehud, Ness Ziona, and Haifa.

As Israel did the Syrian rebels' work for them in neutralizing Hezbollah, Turkish president Erdogan stood by rubbing his hands.

Tomer Raved told the Globes Business Conference that Israel can bridge between east and west for communications infrastructures.

Accumulator enables company founders to turn their shares into a diversified portfolio, but not everyone can join.

According to Vintage Investment Partners, M&A deals reached a new record of this year of $10.5 billion, 22% higher than the previous peak in 2021.

Yitzhak Tshuva and David Zvida will reach a 47% holding in the real estate company in exchange for an injection of NIS 110 million.

Chief marketing officer Shuki Nir will replace interim CEO Ronen Faier, and will face the task of turning around the energy technology company that has switched to losses and seen its share price collapse.

Norway's sovereign wealth fund sold its shares in Bezeq despite the company's argument that it operates in the West Bank under the Oslo Accords.

Prof. Michal Zion of the Bar-Ilan University Faculty of Education: There are no teachers. Minister of Education Yoav Kisch denies responsibility.

In a paper published today, the company describes its aim of "integrating domain-specific expertise with critical, precise reasoning capabilities akin to those of top human experts."

Itamar Ben-Gvir's Ministry of National Security and the Prime Minister's Office both receive higher budgets than in the proposal approved by the government a month ago.

The OECD now sees GDP growth of just 2.4% in Israel in 2025, which compares with a 4.4% projection by the Ministry of Finance.

The $46 million acquisition will allow Capitolis, a market leader in the optimization and compression space, to offer more optimization and compression solutions to the industry.

Talking to "Globes" editor Naama Sikuler at the Israel Business Conference, Governor of the Bank of Israel Amir Yaron said cutting interest rates now would be like putting out a fire with gasoline. He also criticized the make-up of the 2025 budget.

In a rare public appearance, Neumann told the Globes Business Conference what he learned from WeWork's collapse, discussed his new venture Flow, and explained why he is investing in Israel.

Gil Shwed told the Globes Israel Business Conference that the level of attacks worldwide has increased and that they are much more complex and cause much more damage.

The new Israeli airline has been operating from Ben Gurion Airport because of wartime aviation restrictions in the north.

Reuven Krupik spoke at the opening of the Israel Business Conference of the unquantifiable issues that will affect Israel's economic recovery and growth.

CCFI President Henri Cukierman: The best way to counter anti-Israel criticism is to strengthen economic ties between France and Israel.

Intel's share price rose more than 4% on the announcement of Gelsinger's departure, but it may not be good news for Intel Israel and its nearly 10,000 employees.

The company's share price is up over 30% after it announced the results of the trial of its product in treating pancreatic cancer.

The Israeli company has developed a comprehensive cloud security platform

Aviv Kokhavi's appointment comes at a crucial time as demand for advanced defense technologies is growing due to the wars in Israel and Ukraine.

Purchase tax on electric vehicles will rise from 35% to 45% next month, instead of the planned 83%.

After rising 240% in the past 13 months, El Al’s share price has been falling following the ceasefire with Hezbollah, as foreign airlines announce resumption of Israel flights.

The Bank of Israel and Ministry of Finance have set up an inter-ministerial team, which will focus on strengthening competition in the deposits and credit sector for small businesses and households.