News

The Consumer Price Index fell 0.7% in 2020, the Central Bureau of Statistics reports, while housing prices rose 3.2% over the past 12 months.

The Herzliya-based company raised nearly $1.9 billion at $27 per share, above the planned range of $22-24 per share.

Israel's Ministry of Defense will deliver 17 radar systems produced by Israel Aerospace Industries to the Slovak Ministry of Defense.

The startup also launched its platform for sharing information about any codebase to make development processes smoother and faster.

The Bank of Israel says the announcement is to provide the market with certainty on its commitment to deal with the appreciation of the shekel.

The new embassy will be built on the former Allenby barracks and by expanding the consulate in Arnona.

The offshore Israeli field has reserves of 32 billion cubic meters (BCM) of gas and 34 million barrels of liquids and should come on stream in 2023.

The Israeli company's cloud-based technological solution converts PDF files into digital documents.

Operations will commence on the new route on February 12 with four weekly flights and from March 1, Wizz Air plans operating daily flights.

The company, which raised $657 million in the fourth quarter of 2020, has now priced a $332.5 million offering, raising speculation it is about to make a major acquisition.

The shekel has gained 2.5% against the dollar since the start of 2021.

Following the footsteps of S&P and Moody's, international credit rating agency Fitch has affirmed Israel's credit rating at A+, and retained its Stable rating.

The Israeli defense electronics company will supply Seagull Unmanned Surface Vehicles to the navy of an Asia-Pacific country.

Although cuts, consolidation and streamlining will continue, the Teva CEO told the JP Morgan Healthcare Conference that the company will return to revenue growth this year.

The taxi-hailing app will use the new funds to roll-out its ground travel software platform for businesses worldwide.

Len Blavatnik and chairman Nadav Topolski, who currently have a 68% stake in Reshet through RGE Media, will remain the controlling shareholders.

Canzon has signed an agreement to find Arkia a publicly traded company with no commitments and debt and NIS 10 million cash.

Businesses can accept and send payments without having to build their own infrastructure through the Rapyd Global Payments Network.

The Tel Aviv-based company's automated product security platform for device manufacturers and deployers performs a complete security assessment in minutes.

Pagaya co-founder Yahav Yulzari: We came through the coronavirus year with flying colors. The AI-based investment company plans to recruit 100 R&D workers in Israel.

Haifa mayor Einat Kalisch-Rotem: From Jerusalem they don't see Haifa.

The Clalit Health Fund compared 200,000 Israelis over 60 who received the vaccine with 200,000 who did not.

The Israeli company could also be entitled to $1 billion in milestone payments plus royalties for its immunotherapy treatment.

Shareholders are taking advantage of the company's peak market cap of $10.371 billion to sell some of their shares.

The new fund will invest in post-Series A enterprise software and cybersecurity companies.

The US casino magnate, philanthropist, political donor and strong supporter of Israel has died aged 87 from lymphoma.

Beny Steinmetz denies paying $8.5 million in bribes to secure the concession for the world's largest iron ore mine.

Most of the 60 employees at McAfee's Tel Aviv offices will be laid off.

Excellence Nessuah: The shekel is on steroids, gaining sharply against all the world's leading currencies also because of Israel's swift vaccination drive.

Jonathan Kolber has reduced his stake in the Israeli freelance services platform from 12.7% to 8.5%.

Yaakov Kvint, who was appointed Israel Land Authority director in December, has frozen work on the plan for evacuating Haifa Bay's petrochemical plants.

Mobileye is intensifying its collaboration with Chinese car maker Geely, and developing its own lidar and radar chips for autonomous vehicles.

The country's fiscal deficit has reached its widest since the 1980s because of the Covid-19 crisis.

The shekel is at its strongest against the dollar since September 1996 and its strongest in six months against the euro.

Altshuler Shaham has confirmed "Globes" exclusive report that it is considering buying rival investment house Psagot from Apax.

The Herzliya-based company has developed technology for regulatory reporting of capital market financing deals.

IAI has completed delivery of several hundred of its WindGuard radar systems for the US Army's Abram tanks.

Prime Minister Benjamin Netanyahu and his fellow defendants will appear in the Jerusalem District Court on February 8.

The contract for the supply of shore-based training systems as part of the Royal Navy Future Naval Training Program.

Most of the offering was an offer for sale by Kedma Capital.

The Israeli digital insurance company has risen 550% since its IPO last June.

The Israeli national water company is confident of signing more deals with Bahrain and the UAE.

Prime Minister Benjamin Netanyahu said that 72% of over 60s have had their first jab and inoculations for 50-60 year olds will begin next week.

The patent protected hydrogen peroxide based technology reportedly kills 99.9% of bacteria and viruses found in the home.

The number of the city's residents seeking to rent a parking place near their home rose to a record 29,000 in August, Yad2 reports.

The poll published by Channel 13 News on Friday shows Likud on 31 seats, with New Hope and The Israelis losing ground.

A selection of recent real estate deals in Israel including in Tel Aviv, Modi'in, Ramla, Netanya and Rosh Ha'ayin.

Attorney General Avichai Mandelblit has decided to drop the remaining accusations against Deri.

The Jerusalem District Court decided to postpone indefinitely the hearing at which the prime minister and his fellow defendants were due to answer charges.

"Globes" reveals how Pfizer was persuaded to make it a top priority to provide Israel with millions of Covid-19 vaccine doses.