News

The corporate bond purchasing program started in July. The bank's foreign currency reserves top $150 million.

With strong growth in the cloud sector, the Israeli software solutions company has seen its share price rise 35% since the start of 2020.

Israel Institute of Biological Research head: We have a product and we will begin human safety and efficacy trials in October.

The chip detects cars from 500 meters and pedestrians from 200 meters, with an angular resolution greater than 1 degree.

Non-GAAP net profit was $143 million ($1.07 per share), down 12.2% from 2019 but above the analysts' estimate of $1.05 per share.

The Israeli cloud-based web development company has seen its share price triple since April, and now has a market cap of over $16 billion.

Despite approval from US and German regulators, Britain's CMA fears the merger of the Israeli content recommendation rivals will harm competition.

A senior Ministry of Finance official has flatly refused to fund an ad campaign for tourism in Israel.

Tourism Minister Asaf Zamir: This is important news for the aviation sector and all Israelis.

The Ministry of Finance said that as of the end of June it had spent 47% of its promised NIS 10 million economic rescue package.

Having received a permit to buy the financially troubled Israeli airline, Rozenberg wants an urgent meeting to move ahead with the acquisition.

The Tel Aviv-based company uses AI to provide local government agencies with actionable insights about communities' needs and priorities.

The Israeli pharmaceutical company reported a fall in revenue and profit, as expected, due to a continued decline in generic prices and Copaxone sales.

The dollar had its worst month for ten years in July against the world's major currencies.

The Israeli company's application translates unintelligible and atypical speech in real time, enabling people with severe speech impairments to communicate by voice.

4,844 housing units will be built on the Eshkol Site, the southern section of the former Tel Aviv airport.

Elad Canada Realty is being sold to Rester Management of Canada for CA$508 million, but Elad Group will retain some of its assets.

Non-GAAP earnings became positive in the second quarter, and the gig economy platform has raised its annual guidance.

The Government Companies Authority has issued Rozenberg with a permit to buy a controlling stake in the financially troubled airline.

The equity offering was oversubscribed with demand of NIS 295 million for the shares and warranties.

Called 'Pelephone Plus' the network will begin operating as soon as the company receives the appropriate frequencies.

The bonds are guaranteed by a lien on the gas from the Leviathan offshore field in which Delek Drilling has a 45.34% stake.

The Israeli SaaS-based eCommerce marketing platform helps retail brands accelerate online revenue growth.

The Israeli privileged access security company reported higher revenue on lower profit.

The figure is being significantly influenced by the Covid-19 crisis with hundreds of thousands of people on low salaries sent on unpaid leave returning to work in May.

Hof Hatchelet south of the Herzliya Marina is one of Israel's most coveted pieces of real estate awaiting development.

The company has developed an agentless, proxyless authentication platform.

The share price of the Israeli photovoltaics company has doubled over the past seven months.

The Supreme Court has finally annulled the NIS 150 million sale to the JTLV fund, saying the Tel Aviv Municipality had sell by tender.

Nimrodi exploited the fall in the company's share price to increase his holding to 25% - 55% together with his father Yaakov Nimrodi.

Another round of universal grants for all Israelis is being considered in advance of the upcoming Jewish holiday season

The joint venture will set up the first production facility for the short-range missile interception system outside of Israel.

Sharon replaces Shlomo Rodav who stepped down after disagreements with controlling shareholder Searchlight.

Together has signed a distribution deal for marketing CBD oils for treating epilepsy.

Israel's State Comptroller slams poor planning and the ballooning budget for the project, which for security reasons cannot be built on its original site.

Former EY executives Guy Vardi and Yaniv Amzaleg will take charge of Teddy Sagi's $5.5 billion European investments portfolio.

American Tower takes over rental agreements with the owners of cellular sites, thus freeing up cash for the carriers.

According to the bank's Financial Stability Report, 50,000 young couples in Israel face difficulty in making mortgage repayments.

Coronavirus is associated with location monitoring and GPS tracking but health information can also be abused, argues Adv. Gary Copelovitz.

The wastewater purification plant will finally be vacated with Herzliya joining the Shafdan Dan Region wastewater plant, which is located in west Rishon Lezion.

Azrieli and its partner Compass have bid to build and lease out the data centers to Amazon and have options on three lots for the purpose.

Canadian born Jonathan Kolber, who today lives in Israel, has an 11.9% stake worth $383 million, in the gig economy platform company.

Israeli tech companies, which raised a record $8.3 billion in 2019, have already raised almost $6 billion in the first seven months of 2020, despite the Covid-19 crisis.

The Israeli company plans to disrupt early-detection healthcare via deployment of a global medical imaging infrastructure at an affordable price-per-scan service model.

The Chief Economist at the Ministry of Finance also sees 15% unemployment at the end of 2020, if Covid-19 persists through the winter, requiring parts of the economy to shut down.

A selection of recent real estate deals including in Tel Aviv, Herzliya, Modi'in, Ness Ziona, Yavne and Beersheva.

The airline will also take a NIS 130 million loan to help it survive the Covid-19 pandemic.

About 10,000 people gathered in Jerusaleme last night. The Likud has called reporting of the demonstrations "incitement by the media".

The airline says there is no point in a meeting until the true identity of the bidder for it is clarified.

Buildots puts cameras on the hardhats of managers to capture imaging of every detail of an ongoing project during regular site walks.

However, the team which includes Profs. Ronit Calderon and Yinon Ashkenazy, warns that there will be 200 more fatalities over the next 3 weeks from the wave in July.

The Israeli businessman, who last year made a large profit on Aeronautics, is looking for a repeat performance with income producing real estate company Bayside.

The maximum price of government price controlled 95 octane gasoline at self-service pumps in Israel will rise by NIS 0.01 to NIS 5.45 per liter on Saturday night, August 2.

Teva and Takeda have sold much of their joint venture and will focus on 20 generic drugs and several branded assets.

Keren Terner wrote to the El Al board after meeting with Eli Rozenberg's representative Amikam Ben Zvi.

The Israeli hotel chain has increased liquidity by selling and leasing back the Leonardo Royal Berlin Hotel for NIS 230 million.

The Ministry of Finance is no longer announcing each new bond that is raised abroad with great fanfare.

Prof. Itamar Grotto says incoming passengers to Israel from low infection countries need not undergo isolation. But the plan faces many obstacles.

The Israeli chipmaker saw higher revenue and lower profit in the second quarter.

No numbers were mentioned but hundreds are expected to leave from the Aviation Group.

The no-strings attached grants to every Israeli citizen will cost the Israeli government an estimated NIS 6.5 billion.

Ermetic helps organizations enforce tighter, least privilege access policies across both user and machine identities to help prevent data breaches.

Credit card spending was up 8.9% in June 2020 compared with June 2019, the Central Bureau of Statistics reports.

Chorus.ai has created a conversation intelligence platform for high-growth sales teams using artificial intelligence.

The Israeli currency is trading at levels against the dollar not seen since January 2018.

The purchase tax rate hike to 8% instituted by Moshe Kahlon has been cancelled.

CEO Raviv Zoller: The coronavirus pandemic will continue to affect us in the coming months but we are well placed in our target markets.