News

The Israeli cybersecurity company's cofounder will be replaced by Jerry Ungerman.

The company has developed an advanced decision support system for precision irrigation based on its miniature stem-water potential (SWP) sensor.

The level of the freshwater lake is currently 14 centimeters from its maximum level of 208.80 meters below sea level, the Israel Water Authority reports.

Israel's largest retail chain was boosted by consumer spending on food and household goods due to the coronavirus crisis.

The urban renewal project along Mivtza Kadesh Street will see 120 apartments demolished and replaced by 3-5 room apartments.

In a bid to improve liquidity, El Al has sold its 25% stake in Maman, which provides cargo and logistics services to Ben Gurion airport.

China Harbor's involvement in the consortium bidding for Ramat Hovav will be another test of Israeli policy, following US pressure to distance itself from China.

The Israeli freelance services platform has seen its share price triple since its Wall Street IPO last June.

Israel Aerospace Industries tripled its first quarter operating profit, although profit remains low in relation to sales.

The bank's credit loss expense soared 365%, but it still posted a NIS 279 million quarterly profit.

A bar on Chinese firms participating in telecommunications infrastructure has implications for Hutchison's stake in Partner.

Bank Leumi's provisions for the effects of the coronavirus pandemic fell entirely in the first quarter.

Israeli employers will be entitled to Finance Ministry grants for bringing employees back from unpaid leave, as part of the plan to reduce unemployment.

Mortgages worth $5 billion were taken in April, the Bank of Israel reports.

MUFG Innovation Partners has tripled its investment in Fundbox’s Series C round, bringing total equity funding in the round to almost $200 million.

The Covid-19 crisis had no effect on the Israeli defense electronics company in the first quarter.

The Israeli economy might have contracted 7.1% in the first quarter but the Bank of Israel sees it bouncing back more quickly than previously thought.

The Israeli company is developing a platform using artificial intelligence to accurately detect and spray weeds in real-time.

Israel's IDE will build the world's largest seawater desalination plant after the Trump administration let it be known it did not want China's Hutchison to win the project.

Mayer Group unit Teleclal, which already holds over 70% of BuyMe, is buying out the stakes of Micha Berkuz, Shai Darin, and Tal Zur.

"The threshold condition for obtaining a bank loan with a state guarantee is the signing of a labor agreement."

The firm was founded in 2018 by Gili Raanan. Lior Simon has now joined as a partner.

Israel is relaxing the ban on entry for non-Israeli passport holders for university and yeshiva students who want to return to Israel to complete their studies.

In the first stage, international travel will likely be permitted through bilateral agreements with countries like Cyprus, where Covid-19 morbidity was low.

The Bank of Israel research department sees the economy contracting 4.5% this year but growing 5.3% next year.

Delek has signed an agreement to sell all its rights to royalties from the Karish and Tanin offshore gas fields to the Noy Fund for NIS 318 million.

In the coronavirus-hit economy, deliveries have become a boom business.

The Israeli economy was hit hard by the coronavirus crisis in the first quarter of 2020, the Central Bureau of Statistics reports.

IEC CEO Ofer Bloch: Even at a time of global crisis, investors were not deterred, and injected high demand for the offering.

Israel Railways will resume full operations from June 8 while buses can carry 75% of their passenger capacity from May 28.

Prof. Amir Yaron told the cabinet of his support for a wider deficit including grants and credit guarantees to open businesses and reduce unemployment.

Despite the Covid-19 crisis, rental prices have risen over the past year in Tel Aviv, Jerusalem and most other Israeli cities, "Globes" has found.

The El Al cargo aircraft is the first in a series of flights that will take medical equipment from Istanbul to New York.

CEO Eran Taus: The coronavirus pandemic actually strengthens our strategic plan for a transition to online medicine at home.

Covering 25,000 square meters, this is the Swedish furniture retail chain's sixth store in Israel.

The $25.6 million offer for 8,669,029 shares would increase FIMI's stake in the Israeli security systems company from 42.6% to 80%.

A selection of recent real estate deals in Israel including in Jerusalem, Beit Shemesh, Tel Aviv, Rehovot, Beersheva, and Dimona.

The coronavirus crisis was the final nail in the coffin of the struggling company and also meant that the factory's 300 employees lost their jobs without being able to put up a fight.

The company is believed to be planning to raise NIS 150 million at a valuation of NIS 500-550 million.

Prime Minister Benjamin Netanyahu must answer charges of bribery, fraud and breach of trust in the Jerusalem District Court.

The Israeli company's valuation has jumped 45% from last year in a secondary share sale by investors, "Bloomberg" reports.

The number of confirmed cases rose by 13 today to 16,683.

Fixed-line subscriber numbers grew by 14,000 in the first quarter, while revenue fell 1% in comparison with the first quarter of 2019.

With credit card transactions down, Max, formerly Leumi Card is also cutting salaries of management and the board of directors by 10% until the end of the year.

Iranian hackers have launched an orchestrated cyberattack on Israeli websites to mark Iranian Jerusalem Day.

Cellcom CEO Avi Gabbay: I believe that the proactive steps we are taking will enable the company to cope with the coronavirus crisis and enter 2021 as a better and more focused company.

Bezeq chairman: Pelephone saw continued subscriber growth and Yes swung to profit.

James Richardson, which operates the main duty free stores at Ben Gurion airport, is laying off 20% of its staff due to the Covid-19 crisis.

The M2 line will be 22 kilometers long extending from Petah Tikva in the east via Tel Aviv to Holon.