News

Despite a recent dip, current market conditions are very similar to those of early 2017.

Wizz Air will qualify for an enlarged Israeli government subsidy of €66 per passenger flown into Israel from €60.

IBM is reorganizing its Tel Aviv development center, which is based on the 2008 acquisition of XIV.

The two funds have signed a binding agreement and will pay NIS 575 million for a 32.5% stake in the Israeli insurance company.

The two groups will pay NIS 250 million for the lot which has rights for a 19-floor hotel and apartment building.

Credit Suisse has now lowered the price to $14 per share from $18, having cut the price from $20 just three weeks ago.

Businessmen like Rawabi developer Bashar Masri will reportedly not attend the US initiated Bahrain workshop.

Top Israeli defense officials are in Kiel this week to mark completion of the first Saar 6 missile boat, "Kieler Nachrichten" reports.

The website offers hotel rooms for a few hours at a time at reduced prices for a 'quiet place to work and meet during the day.'

Making drones started out as a hobby for Percepto's founders when they found that no one else made good enough drones.

The Tel Aviv-based company will use the funds to promote its efforts to accelerate cyber threat response and fight cybercrime.

The French biotech group has acquired 80% of the company based at Kibbutz Ketura near Eilat.

VOOM will ensure that users of mobility platforms including electric scooters and bikes can grab insurance on-the-go from their mobile devices whether they ride, fly, or sail.

Net profit rose 42% to NIS 369 million in the first quarter of 2019.

Municipal property taxes, water rates, and dairy and bread prices are all set to rise.

Controlling shareholder Teddy Sagi will receive $570 million for his stake in the Israeli payment solutions company.

Ceragon will pay NIS 5 million a year for 6,000 square meters, with two five-year extension options.

Excellence Nessuah Investments: The shekel will rebound if the Bank of Israel does not act.

In 2018, 22,000 homes in Israel were advertised on Airbnb with the average host earning over NIS 10,000 over the year.

Profitect has developed a product that can track and identify inventory losses in stores.

The Equital ownership pyramid, which has three layers, is legally required to be reduced to two layers by the end of the year.

Torii CEO: In the near future, people will not need to manage software - it will be software that manages software.

The workers in the Yeruham plant will also receive bonuses and pay hikes under the agreement signed with Perrigo's management.

The OECD lowered the 3.5% forecast for Israel's economic growth to 3.1% and warns that essential measures such as tax hikes should be introduced.

The NIS 80 million renovations took eight months to complete.

The funds will enable the company to maintain its current momentum and continue to disrupt the broader firewall and data center markets.

Based in Ramat Gan, the Israeli company has developed artificial intelligence technology for eliminating malfunctions in the connected home.

Arab graduates of Israeli universities are esteemed as professionals in the Arab world, and a window for their employment is now being opened in Saudi Arabia.

Leumi Partners and Phoenix have each acquired 20% stakes and the Livnat brothers, who owned the other 50%, have increased their stake to 60%.

Happify combines digital therapeutics with drug treatment.

The Central District Court accepted the Israel Tax Authority's position that Bitcoin is an asset, not a currency, making profits on its sale liable to capital gains tax.

Bank of Israel: For the year to date, the shekel has strengthened by 6%.

Prime Minister Benjamin Netanyahu's lawyers claim they need the time to study the materials in the cases against him. Attorney General Avichai Mandelblit is expected to refuse the request.

The test provides a new dimension of genetic insight with comprehensive health reports that can empower future health and lifestyle choices.

A spokesperson for President Trump's son-in-law and senior advisor has told "Globes" that through economic vision, the main political issues can be solved.

The Yafoit minibus service will begin operating on Friday, using minibuses at a frequency of every 10 minutes.

The Israeli retail fashion chain already operates its own sales website but is looking to expand online revenue by using Amazon's platform.

Work is scheduled to begin at the start of 2020 and will include digging a 4.6 kilometer tunnel and building three underground stations.

Mizrahi Tefahot Bank is not distributing a dividend, but expects to distribute one next quarter.

BioProtect's product protects healthy tissue from radiation during cancer treatment.

The Bank of Israel Monetary Committee has left the June interest rate unchanged at 0.25%.

The bond trustees will instruct the Africa-Israel board of directors to sell the company's holdings in the highway's operator for NIS 182 million.

Siemplify will use these funds for expanding its marketing operations and further developing its security orchestration, automation and response (SOAR) platform.

Although its revenue dipped 3%, Strauss improved its gross and operating profit margins.

In the footsteps of Decathlon, Intersport is in talks to open sports goods stores in Azrieli Group's malls in Israel.

Deputy Minister of Health Yaakov Litzman announced that a license would no longer be required to use cannabis for certain indications.

The life sciences venture capital fund could become the controlling shareholder in universal flu vaccine developer Biondvax after the company's rights issue.

20 people have been killed and 70 injured in building site accidents in Israel since the start of the year.

The Israeli company has developed two products: a heart diagnostic device connected to a smartphone and a sticker for monitoring patients in hospital beds

A 1.6-kilometer electrified road will be built in the project as part of a 4.1-kilometer highway between the airport and Visby on the island of Gotland.

A selection of recent real estate deals in Israel including in Netanya, Bat Yam, Ashdod and Harish.

The acquisition of Tel Aviv-based Gefen Team will push forward Wix's vision of becoming one of the world's top and best-loved brands.

S&P Global is not changing its rating for Teva's debt at present.

45% of Israeli households watched the explanation of the voting method. The much anticipated performance by Madonna reached a rating of just 34.3%.

The Indian Navy said that it had, "achieved a significant milestone in enhancing its anti-air warfare capability."

A public prospectus filed in advance of a Wall Street IPO shows the freelancer platform growing rapidly but still not profitable.

Alstom cites differences of opinion with its Dan and Electra, its consortium partners.

The Israeli startup's 3D solutions need only one sensor.

The Israeli website builder company reported its first-ever non-GAAP net profit in the first quarter, but fell short of market estimates.

Novalpina Capital, which controls Israeli surveillance software company NSO, has told Amnesty International it will ensure that NSO's technology "is used for the purpose for which it is intended."

Revenue and earnings per share rose 12% and 58% respectively in the first quarter.

Economic growth was boosted by an exceptionally large rise in vehicle imports, the Central Bureau of Statistics reports.

The bank's credit portfolio rose 3.3% to NIS 170 billion.

Aaron Institute for Economic Policy researchers predict that the proportion will rise from 9% at present to 15% by 2030.

The German manufacturer will produce final end-use rail parts, as well as manufacturing tools and prototypes for trains and trams.

With 43 million shares in the Israeli pharmaceutical company, Berkshire Hathaway has lost $283 million on its Teva stake this year.

Israeli startup Hailo Technologies strong, cheap, versatile, and energy-saving AI processors empower autonomous cars, security cameras, drones, AR/VR platforms and other devices.