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26 March 2019

Cybersecurity Photo: Shutterstock ASAP Creative Israeli risk assessment co Sayata Labs raises $6.5m

Sayata Labs: Our platform is the only one that analyzes cybersecurity risks for small and medium-sized companies.

Kirk Haney Photo: PR Radicle Growth Fund to invest in Israeli ag-tech and food-tech

The fund will also invest up to $250,000 in the startup that wins the Radicle Challenge Israel competition in Israel.

26/03/2019 17:00 Start ups Globes correspondent
Applicaster founders Jonathan Laor and Neer Friedman Photo: Jonathan Laor Israeli media app building co Applicaster raises $20m

Applicaster's platform helps media companies build content distribution applications.

26/03/2019 16:29 Start ups Yasmin Yablonko
Digital health Photo: Shutterstock Ibex Medical Analytics raises $11m

Based in Tel Aviv, the company is pioneering developer of AI-driven computational pathology cancer diagnosis system.

26/03/2019 16:15 Healthcare Globes correspondent
Russell Ellwanger Photo: Oded Harel Tower extends Panasonic collaboration

The two companies signed an agreement extending their cooperation until 2022.

26/03/2019 15:21 IT Kobi Yeshayahou
Oracle Photo: Shutterstock Oracle worldwide layoffs not hitting Israel yet

Oracle has 400 employees in its Oracle Israel subsidiary, in four centers: Tel Aviv, Petah Tikva, Ra'anana, and Beersheva.

26/03/2019 15:19 Employment Yasmin Yablonko
John Medved Photo: Yossi Zamir PitchBook again ranks OurCrowd Israel's most active VC fund

Since 2014, OurCrowd has participated in over 138 deals in Israel.

Innoviz founders Photo: David Garb Israeli car laser sensor co Innoviz raises $132m

The company's sensor allows remote 3D scanning and provides a high-definition image of a vehicle's surroundings.

Roman Abramovich Roman Abramovich invests in $5m round in GuruShots

The Tel Aviv-based image ranking platform combines the virtual world of mobile games with real-world photo-taking.

Shekel Photo: ASAP Creative Shekel gains despite security situation

Prico CEO Yossi Fraiman: Exporters and algorithm-based traders began selling major amounts of foreign currency and halted the continued devaluation of the shekel yesterday.

26/03/2019 12:20 Market Simon Griver
IAF attacks Gaza Strip targets  photo: Mohammed Salem, Reuters Rocket fire on Israel continues overnight

More than sixty rockets have been fired at Israel in the past twenty-four hours.

26/03/2019 11:03 Politics Globes correspondent
Benjamin Netanyahu and Donald Trump  photo: Carlos Barria, Reuters Netanyahu fumes at thin coverage of Trump's Golan proclamation

While President Trump presented the prime minister with a diplomatic coup, Israeli media focused on the security situation at home.

26/03/2019 10:10 Politics Tal Schneider
Liad Agmon and Omri Mendellevich Photo: PR McDonald's buys Israeli AI co Dynamic Yield for $300m

The US fast food giant says it will utilize the Tel Aviv based company's decision technology to provide an even more personalized customer experience.

25 March 2019

Shashua: Nvidia copied Mobileye's autonomous car safety model

"If imitation is the sincerest form of flattery, then Nvidia must think very highly of us," Mobileye CEO and Intel SVP Amnon Shashua said.

25/03/2019 22:40 IT Omri Zerachovitz
Netanyahu's 'secret' saw Egyptian military boosted

In approving Germany's sale of submarines to Egypt, Netanyahu strengthened the military, which opposed the Muslim Brotherhood's President Morsi.

Migrant worker fintech co Rewire raises $12m

The Israel company has developed a mobile phone banking platform for migrant workers to wire money back home.

Nvidia CEO: We'll expand Mellanox's activities in Israel

On a visit to Israel, Jensen Huang says that he wants Eyal Waldman to continue leading Mellanox as an independent entity.

eToro buys Danish blockchain co Firmo

The acquisition of Firmo will enable Israeli company eToro to accelerate the growth of our tokenized assets.

Tourist Rav-Kav bus-train cards now sold at airport

The tourist Rav-Kav card called Israel Pass will be sold at a special stand at Ben Gurion Airport's Terminal 3.

Qualcomm Ventures, Inven lead $18m round in CyberX

Israeli IIoT and ICS security company CyberX has raised $48 million to date.

25/03/2019 12:41 Start ups Globes correspondent
Bank of Israel gains NIS 24b from shekel depreciation

The Bank of Israel reported a net NIS 5.3 billion profit in 2018, compared with an NIS 800 million loss in 2017.

Benny Gantz: Israel has become a Hamas hostage

Political rivals have been quick to blame Prime Minister Benjamin Netanyahu for this morning's rocket attack

25/03/2019 11:25 Politics Dan Zaken
Rocket injures seven in Sharon

The rocket hit a house on a moshav in the Sharon area of Israel. Prime Minister Benjamin Netanyahu is cutting short his visit to Washington.

25/03/2019 09:54 Politics Globes correspondent

24 March 2019

Nawi Bros interested in buying Isracard controlling core

The company will have to put up hundreds of millions of shekels in equity for the acquisition.

Haifa-Nazareth light rail planning company selected

The Haifa-Nazareth is a new type of railway in Israel, called a tram-train - a combination of light and heavy rail.

Teva launches generic iron overload treatment

The EXJADE (deferasirox) tablets are for the treatment of chronic iron overload due to blood transfusions in patients two years of age and older.

Jerusalem of Gold tenants sue over short term rentals

Homeowners in the luxury building complain that short-term rental of units, sometimes even by the hour, causes disturbances and filth.

24/03/2019 17:09 Real estate Shlomit Tsur
Delek weighs up buying Egyptian LNG plant stake

Delek is mulling acquiring a stake in Shell's Idku facility or Union Fenosa's Damietta LNG facility, reports "Bloomberg."

24/03/2019 16:14 Energy Globes correspondent
Apartments sold and rented

A selection of recent real estate deals in Israel including in Ramat Gan, Netanya, Tiberias and Beersheva.

24/03/2019 15:25 Real estate Shlomit Tsur
Delek Drilling mulls expanding Leviathan production capacity

The Leviathan partners will try to increase production capacity in the first stage to 16 BCM a year by adding production wells and a third pipeline.

24/03/2019 14:52 Energy Guy Ben Simon
Israeli cybersecurity co Cobwebs raises $10m

Cobwebs gathers security-oriented intelligence data from all over the Internet.

24/03/2019 13:19 Start ups Yasmin Yablonko
Ryanair unit Lauda to launch Tel Aviv - Vienna flights

Flights begin October 27 with one-way fares starting from €37.

24/03/2019 13:09 Tourism Globes correspondent
Alibaba buys Israeli augmented reality co InfinityAR

The Ramat Gan-based company's technology can turn any device into a content augmentation platform, using basic hardware.

Arab vote seen rising sharply in Israel's election

A survey by the University of Maryland finds that 73.5% of Israel's Arabs intend to vote in the April 9 election, with Benny Gantz the main beneficiary.

24/03/2019 11:54 Politics Ran Dagoni, Washington

21 March 2019

Freelancer platform HoneyBook raises $28m

The company increased the number of its new customers by 150% in 2018.

Midroog cuts Bezeq parent BCom rating

Midroog predicts that B Communications will not meet the payments on its bonds without the consent of all of its bondholders.

21/03/2019 16:55 Market Shiri Habib-Valdhorn
Edge computing and AI take Israeli auto-tech beyond cars

Many technologies developed by the Israeli auto-tech sector also have military applications, which could lead to US demands to restrict Chinese investment.

Israeli property management co Guesty raises $35m

Guesty's platform simplifies the complex operational needs accompanying short-term rental management.

21/03/2019 13:37 Start ups Yasmin Yablonko
Israeli customer interaction co Yellzz raises $1m

Yellzz enables SMEs to be proactive and interact with potential customers at the exact moment when the customers are looking for the service or product offered.

21/03/2019 12:09 Start ups Globes correspondent
Shekel gains strongly after Fed U-turn on rate hikes

After US Federal Reserve Chairman Jerome Powell said there would be no rate increases this year, the stage is set for the shekel-dollar interest rate gap to narrow.

21/03/2019 11:05 Market Simon Griver
Natural gas pipeline to Jerusalem completed

The 18-inch-diameter, 34-kilometer-long pipeline cost NIS 290 million to build.

Mellanox share price remains well below Nvidia offer

With the deal scheduled to be completed by the end of the year, Mellanox share price is 6.5% below what Nvidia will pay. What snags could torpedo the deal?

"Newsweek" ranks Israeli hospital in world's top ten

In ranking Sheba Medical Center tenth, "Newsweek" says it is a leader in medical science and biotechnical innovation.

20 March 2019

Skoda expands collaboration with Israeli startups

The carmaker is working with 13 startups at its Digilab center in Tel Aviv.

20/03/2019 17:52 Start ups Dubi Ben-Gedalyahu
Azrieli again reports strong profits

Azrieli Group made a NIS 1.2 billion net profit, despite unfavorable property revaluations.

Ahead of London IPO, Delek Drilling buys 3 Israeli licenses

Two of the licenses are land oil exploration licenses and the third is the Roei offshore gas exploration license.

20/03/2019 16:39 Energy Amiram Barkat
Israel slips in UN World Happiness Index

Israel fell two places to thirteenth but remains ahead of such countries as the UK (15), Germany (17) and the US (19).

20/03/2019 15:37 Economy Globes correspondent
Building starts in Israel fall sharply in 2018

Building starts were strong where Buyer Fixed Price Plan campaigns were held and weak in most other places.

20/03/2019 15:16 Real estate Arik Mirovsky
Teva sells 2 Jerusalem properties for NIS 278m

The Israeli pharmaceutical company is closing its tablets factory and inhalers factories on the properties this year.

20/03/2019 13:36 Healthcare Shiri Habib-Valdhorn
Bezeq parent BCom halts debt repayments

B Communications says the drop in Bezeq's value will reduce its equity by NIS 650 million.

20/03/2019 12:07 Legal Shiri Habib-Valdhorn
Tenders issued for dozens of shared taxi routes

A tender was also issued for the Metronit rapid transit bus system in Haifa.

El Al to begin Tel Aviv - Chicago flights in March 2020

El Al will operate three weekly flights on Tuesdays, Thursdays and Sundays using 282-seat Boeing 787 Dreamliner.

20/03/2019 08:11 Tourism Globes correspondent
State's witness retracts submarine testimony due to blocked funds

Former Thyssenkrupp agent Michael Ganor has cancelled his plea bargain agreement apparently because he has been unable to access money in overseas accounts, sources inform "Globes."

20/03/2019 07:29 Legal Chen Ma'anit

19 March 2019

32 Israeli cities seek gov't support for electric car charging points

The Energy Ministry's total budget for subsidizing charging stations in Israel for electric cars is NIS 30 million.

David's Sling upgraded after successful trials

The Defense Ministry announced that it has completed trials in southern Israel to upgrade the medium range missile defense system.

Israeli lunar spacecraft conducts another successful maneuver

SpaceIL's Beresheet spacecraft's most important maneuver on the way to the moon will be conducted on April 4.

Copaxone rival Mapi Pharma to build Jerusalem plant

The company has received a NIS 9 million grant from the Israel Innovation Authority and total investment in the new plant will be NIS 46 million.

19/03/2019 16:31 Healthcare Gali Weinreb
Azrieli aims to become franchisee for int'l brands

Azrieli will be the first shopping mall company to compete with its tenants by becoming a franchise holder for international retails chains.

19/03/2019 14:23 Real estate Shany Moses
Highroad launches Tel Aviv innovation center

After a running-in period, in which four startups received support from the accelerator, the new ventures that will join the Center were unveiled.

Priority Software acquires Belgium's Optimize Group

Sources close to the company estimated the price at several million euros.

Doctors top earners in Israel's public sector organizations

One specialist at Hadassah Medical Center received almost NIS 253,000 a month.

19/03/2019 12:43 Employment Hila Weissberg
Third building worker in three days killed at Harish

The worker, a Moldovan citizen, died of his injuries after falling from a roof.

19/03/2019 12:28 Real estate Hilit Yanai-Levison
Bezeq sees NIS 1.5b potential Yes write-down

Bezeq will have to make the write-down unless the Israel Securities Authority allows it to treat its subsidiaries as a single accounting unit.

Tel Aviv again among world's most expensive cities

The Economist Intelligence Unit's 2019 cost of living rankings are topped by Paris, Singapore and Hong Kong.

19/03/2019 10:44 Tourism Globes correspondent
Elbit Systems posts $6.18m 2018 profit

The fourth quarter and full year 2018 financials are the first that Elbit Systems has released after completing the acquisition of Israel Military Industries.

18 March 2019

No bidders in Tel Aviv Eurovision tent city tender

The tent city planned for Yarkon Park in Tel Aviv during the Eurovision Song Contest has been called off.

Israeli migraine device co Theranica raises $35m

Nerivio Migra, the Netanya-based company's novel remote neuromodulation device for acute treatment of migraine, is under review by the FDA.

18/03/2019 19:32 Start ups Globes correspondent
Israeli army chief wants to set up new innovation division

The new division will tailor future weapons systems to the IDF's operational and intelligence needs.

Decathlon opens Tel Aviv store

The Tel Aviv store is about half the size of the 3,100 square meter Rishon Lezion store, which opened in 2017.

18/03/2019 17:02 Retailing Shany Moses
Gett plans IPO on TASE or in London

The Israeli taxi hailing app's CEO Dave Waiser has told the "Financial Times" that the company is planning its IPO later this year.

18/03/2019 16:07 Start ups Globes correspondent
Gas exports to Egypt to be delayed 3 months - report

The flow of gas from Israel to Egypt under a $15 billion deal had been planned to start this month but has been delayed due to a pipeline fault, "Bloomberg" reports.

18/03/2019 16:02 Energy Globes correspondent
Haifa Bay plan: Petrochemicals out, 100,000 homes in

The ambitious Innovation Valley program for Haifa Bay was presented today by the Israel Land Administration.

18/03/2019 15:17 Real estate Arik Mirovsky
Shaked vows Supreme Court shake-up

Under the plan, the minister of justice would appoint Supreme Court justices, with Knesset and cabinet ratification.

18/03/2019 14:33 Politics Ela Levi-Weinrib
Israel Railways announces expanded schedule amid unrest

The schedule calls for additional trains and extended operating hours, but Israel Railways may be unable to implement it.

Delek Drilling to split into two

The rights to the Leviathan natural gas reservoir will be transferred to a foreign company to be listed on the London Stock Exchange.

18/03/2019 11:43 Energy Amiram Barkat
Cellcom switches to annual loss

Cellcom CEO Nir Sztern: The Israeli telecommunications market is in a difficult state, and without urgent regulatory intervention to resolve the crisis, genuine damage to investments is expected.

18/03/2019 11:10 Market Shiri Habib-Valdhorn
Hapoalim posts NIS 2.6b 2018 profit despite US probe provision

Excluding the provision against the US tax evasion investigation, the bank posted a net profit of NIS 3.579 billion in 2018, and return on equity was 9.7%.

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