News

Israel Aerospace and Group42 will leverage AI and other innovative technologies including lasers and sensors, to develop new Covid-19 focused systems.

Wall Street investors have shown that they have the appetite for the risk involved in the digital insurance company.

The Israeli airline has put all its remaining 500 air crew, including 100 pilots, on unpaid leave.

Prime Minister Benjamin Netanyahu and Minister of Health Yuli Edelstein announced measures to curb Covid-19's resurgence.

The State Comptroller's Office Permissions Committee accepted the attorney general's opinion that such contributions were illegal.

Founded in 1916 as a butcher in Tel Aviv's Carmel market, the family-owned company is now aiming to trade on a very different type of market.

The legal limit for cash payments is to be reduced from NIS 11,000 to NIS 6,000 for businesses and from NIS 50,000 to NIS 15,000 for individuals.

During July, the UK low-cost carrier is only flying five weekly flights between London, Luton and Tel Aviv.

Ofer has increased his controlling stake by 0.3% to 22.5% by buying shares for NIS 55.3 million.

Amdocs: We are continually strategically looking at the situation of our work force and adjusting it to changing business needs.

The Israeli insurtech company says it will begin trading on the NYSE today.

Alt-Steak is a plant-based product, which will undergo market testing at select high-end restaurants later this year.

The Israeli company's share price is up 3.14% on Nasdaq today at $264.27, giving a market cap of $13.73 billion.

The renowned US lawyer has hired US and UK lawyers and Israeli lawyer Galia Cohen to sue Netflix for defamation about allegations he had intimate relations with Virginia Roberts.

The annual general shareholders meeting is being asked to vote Waldman onto the board of the Israeli cybersecurity company.

Nimrod Sheffer is stepping down after two years as sources inform "Globes" that IAI's Aviation Group will cut 900 out of 5,000 jobs.

The company has also unveiled tX - an elite group of cryptographers and engineers who use Curv’s keyless technology to develop flexible deployment models.

The Israeli company is seeking approval of NexoBrid for eschar removal (debridement) in adults with deep partial-thickness and/or full-thickness thermal burns.

The shekel-dollar exchange rate had been anchored around the NIS 3.45/$ rate for the past month.

Israeli tech companies, which raised a record $8.3 billion in 2019, have raised over $4.7 billion in the first six months of 2020, despite the Covid-19 crisis.

The Israeli defense electronics company will equip several vessels with suites that provide the capability to perform complex reconnaissance missions.

After only 13 months, Lapidot is leaving after disagreements with controlling shareholder Naty Saidoff.

The resignation comes after the failure of Dan Naveh's attempt to remove CEO Yoram Naveh.

The loss was largely due to a write-down of North Sea oil subsidiary Ithaca Energy.

El Al CEO Gonen Usishkin has ordered that all aircraft should return to Israel, including those on cargo flights.

The loss cannot be entirely attributed to the coronavirus pandemic, which began affecting El Al only in March.

Israel's Covid-19 infection rate for new cases exceeds the EU's criteria but the situation will be reviewed every 14 days.

Only 20% of people aged 24 or younger who were put on unpaid leave had returned to work by the end of May, the Israel Employment Service reports.

The Tel Aviv-based company Hunters will deepen its machine-learning R&D and enable customers to extend threat detection.

Construction and Housing Minister Yaakov Litzman has unveiled a new plan to provide affordable housing for first time buyers.

The company has developed big data processing software for operating data lakes.

US Fed Reserve chair Jerome Powell has welcomed the faster than expected bounce back but warned on "extraordinary uncertainty."

The Israel Securities Authority (ISA) encourages companies to publish their reports in English as well as Hebrew, in order to make the information accessible to foreign investors.

The new neighborhood in the east of the city will stretch between Menachem Begin Blvd. and Road 40.

Fattal Holdings sees worse results for the second and third quarters, but there is some revival in bookings in Israel and Europe.

Cynet provides an autonomous breach protection platform that consolidates and automates monitoring and control.

The US Embassy in Israel is asking NIS 300 million for the Herzliya house, which would be a record price for an Israeli home.

Despite the upsurge in new infections, 250 people will still be allowed to attend weddings and cultural performances.

Israel Aerospace's anti-drone system will add the interception capabilities to its advanced radar detection systems.

Codefresh has developed a continuous integration and delivery (CI/CD) platform for Kubernetes.

MYCAPPSA is the first treatment for chronic acromegaly that can be taken orally with a pill rather than by injection.

The kibbutz-based provides high-quality, royalty-free licensed music, stock video clips, and sound effects for digital creative industries.

As coronavirus numbers in Israel rise, Minister of Health Yuli Edelstein wants more restrictions to avoid "huge economic damage".

Krupik has been acting chairperson of Bank Hapoalim since February.

US China trade frictions will escalate whoever wins the presidential election, argues Dave Rank. Israel must adjust accordingly.

Israel's largest accounting firm is recalling 350 staff from unpaid leave on July 1 but there will also be layoffs.

Employees in Israel placed on unpaid leave due to the crisis will now be entitled to unemployment pay until mid-August.

CAN Health OOD will sell Canzon's products to hundreds of pharmacies in Bulgaria.

The maximum price of government price controlled 95 octane gasoline at self-service pumps in Israel will rise by NIS 0.23 to NIS 5.44 per liter on Tuesday night, July 1.

A selection of recent real estate deals in Israel including in Tel Aviv, Beit Shemesh, Modi'in, Rosh Ha'ayin and Haifa Bay.

The delayed drug release technology company raised more than it originally planned, and its share price rose after the offering.

The measure is one of several in this year's Economic Arrangements Bill designed to further Israel's renewable energy program.

The wireless electric vehicle charging company's share price has risen 163% so far this year.

Although Israelis returning from abroad until at least the start of August will also still be required to self-isolate, many airlines have restarted flights to Tel Aviv.