News

The Israeli currency is weakening as global markets go into a tailspin over the discovery of a new Covid variant in southern Africa.

Qatar plans a free trade zone for diamonds and gold, and needed Israeli consent to join the countries entitled to trade in diamonds.

The investment will finance clinical development of AstroRx for the treatment of ALS and to begin the clinical development of IsletRx, as a cure for insulin-dependent diabetes.

The Abu Dhabi company is buying a 22% stake in the Israeli gas field from Delek Drilling for $1 billion.

SentinelOne, monday.com and Global-e are flourishing but the other 17 Israeli companies are losing ground. "Globes" analyzes why.

The Jerusalem Local Planning and Building Committee has approved a plan for 11,000 new homes on the site of the former Atarot airport in northeast Jerusalem.

The company is in advanced talks with the State Attorney's Office on a deal over alleged bribery of public officials in Africa.

From Friday, passengers arriving in Israel can present a negative antigen test from the previous 24 hours.

The Israel Hotel Association's figures for overnights in October show Eilat's hotels flourishing while much of the rest of the country struggles.

The acquisition will allow the Israeli company to make its e-commerce platform available to small merchants currently not eligible to use its services.

Ra'am leader Mansour Abbas: The time is past in which we were a statistic without influence in Israeli politics.

The Rodev Group is offering to buy Hutchison's 27.1% stake for about $300 million.

The Israeli currency lost nearly 2% of its value against the dollar today but rebounded after the representative rate was set.

The upgrade could lead to the going concern qualification being removed from Delek Group's financial statements.

The airline's revenue grew in the third quarter, but restructuring expenses and higher operational costs led to a loss of $136 million.

Andrew Abir tells "Globes" that the Bank of Israel can afford to maintain an expansionary monetary policy.

Apple is also seeking a permanent injunction to ban NSO Group from using any Apple software, services, or devices.

Mindspace today operates 32 branches in 17 cities in seven countries with total space of more than 100,000 square meters.

The former owner of Shikun & Binui, Shari Arison, and Arison Investments chairman and CEO Efrat Peled, will not be indicted in the Shikun & Binui bribery affair.

The acquisition is aimed at providing Publicis with a foothold in the advertising market for Israeli companies operating overseas.

The Israeli voice AI transcription and captioning company has doubled its valuation since its financing round six months ago.

Over the past six months, Israeli publicly traded tech companies have gone on a spending spree, acquiring overseas and Israeli startups.

Israelis took NIS 10.7 billion worth of mortgages in October, the Bank of Israel reports.

Credit rating agency Moody's has downgraded Israeli spyware firm NSO Group by two levels to Caa2, eight levels below investment grade.

Goldman Sachs: The Bank of Israel will be prepared to let the shekel strengthen while exports are not harmed.

The bank's annualized return on equity in the quarter was 14.5%.

The Israeli media content recommendation company will pay $55 million in cash and shares.

Jordan will export to Israel 600 megawatt of 'green' electricity and Israel will consider exporting up to 200 million cubic meters of desalinated water to Jordan.

This decision was expected after the lower than forecast October Consumer Price Index (CPI) rise of 0.1%, which reduced the pressure to raise the interest rate.

The Israeli company's masks include treated fabric with a very high effectiveness level in neutralizing the Covid pandemic's Delta variant.

The Israeli cybersecurity company's cofounder and president is Tamir Pardo, the former head of the Mossad.

With inflation moderating and the shekel at peak strength, analysts see the Bank of Israel's expansionary policy continuing for a while yet.

OurCrowd has been approved and licensed by Abu Dhabi Global Market (ADGM).

Because of the delay in production from the Karish reservoir, Dalia Power is seeking to supply all its gas needs from Tamar.

In September, Mubadala agreed to buy 22% of the rights to the Tamar gas field from Delek Drilling for $1 billion.

The company provides equity-free flexible funding and supply chain management tools for eCommerce sellers.

Israel's Committee on Amendments to International Taxation recommends canceling the exemption from reporting on foreign income and assets for new immigrants and returning residents.

Israel's financial services regulator is catching up with the global investment trend on environment, social, and governance risks.

A selection of recent real estate deals in Israel including in Tel Aviv, Ramat Gan, Hod Hasharon, Kfar Saba, Rehovot, Shoham and Harish.

The 7-year lease, after the building is completed in 2025, will yield Bayside annual net operating income (NOI) of NIS 49 million.

El Al controlling shareholder Kenny Rozenberg will be required to invest a matching sum.

A bid by Gabbay to buy out Celllcom together with other investors was rebuffed.

During Gabbay's short tenure Cellcom has returned to profitability and its share price has risen 34%.

Penalized for being profitable? As investors go for growth or bust, cybersecurity pioneer Check Point could drop out of the Nasdaq 100.

Hogeg was arrested this morning along with seven others. Sexual offences are also suspected.

The area near Kibbutz Galuyot Interchange has rights for 73,000 square meters of commercial and office space that can enlarged to 160,000 square meters.

EDGE unit ADSB will collaborate with IAI to develop unmanned surface vessels for the entire range of military and commercial applications.

The Israeli digital textile printing company is taking advantage of its high share price for a secondary offering with shareholder Amazon a major beneficiary.

Despite high salaries, a survey by Geocartography found that 42% of tech employees don't even own one apartment.