Mariah Mochiach Credit: PR Warner Music launches in Israel

Warner Music Israel will market and promote WMG’s international star artists as well as local stars like Noga Erez and Noa Kirel.

Yariv Bash  credit: Eyal Fischer It's a bird, it's a plane, it's... dinner

Yariv Bash's Flytrex has grown to be the largest drone delivery company in the US, leaving even Amazon and Google behind.

Gil Bar-Tur  credit: PubPlus Canada's ClearPier buys Israeli advertising analytics co PubPlus

The price is $60 million. PubPlus CEO Gil Bar-Tur: This is the first of five planned acquisitions by ClearPier, aimed at turning it into a public company.

Bezeq chairman Gil Sharon Photo: Tamar Matsafi Fiber optic deployment boosts Bezeq results

The Israeli telecom reported adjusted net profit growth of 7.7% in the first quarter of 2022.

Avi Gabbay Credit: Cadya Levy Avi Gabbay appointed Partner CEO

Gabbay is part of the group that bought control of the Israeli telecom from Hutchison for $300 million.

Rani Zim  credit: Eyal Izhar Rani Zim sells Office Depot to UMI

The deal values Office Depot Israel at NIS 80 million, of which Zim will receive NIS 35 million, as the chain has NIS 45 million debt.

Avishai Abrahami credit: Shlomi Yosef Wix's loss widens in first quarter

The company plans to reach free cash flow of 20% of revenue by 2025. CEO Avishai Abraham: We're concentrating on what we can control.

Ran Guron  credit: Tamar Matsafi Bezeq names Ran Guron CEO

Guron has headed Bezeq subsidiaries Yes, Bezeq International and Pelephone for the past six years.

Ofir Zemer  credit: PR Qualcomm set to buy Israeli startup Cellwize

Cellwize deals in cellular network optimization. The acquisition price is estimated to be in the low hundreds of millions of dollars.

Traffic jam on Ayalon Highway  credit: Eyal Izhar The price of living in a crowded country

Under-investment in Israel's infrastructure is costing us not just time and annoyance, but billions in lost GDP.

Yuval Cohen, Fortissimo  credit: Shlomi Yosef Telrad Networks sold for NIS 199m five years after IPO

The purchaser is Liquid Intelligent Technologies, whose main market is in sub-Saharan Africa.

David Mizrahi Credit: Eyal Margolin Bezeq CEO David Mizrahi resigns

Mizrahi has announced that he is stepping down after four years in the job.

Israeli carriers selling 5G, but not developing network

With the cloud computing giants breathing down their necks, Israel's mobile carriers are liable to be left behind.

Yacov (Yaki) Vadmani  credit: Jonathan Bloom Shufersal board knifes chairman Yaki Vadmani

Vadmani resigned after a majority of the Shufersal board decided not to recommend his reelection to the shareholders.

Carrefour branch in Warsaw  credit: Shutterstock Carrefour to be IKEA's neighbor on Ashdod site

Electra Consumer Products reports that the average gross cost of adapting a Yeinot Bitan store to Carrefour format will be some NIS 3 million.

Shufersal  credit: Eyal Izhar Phoenix objects to Delek Israel - Shufersal merger

Phoenix, which has a 9% stake in Shufersal, prefers to wait until a new CEO is appointed and all strategic alternatives are examined.

Shufersal Photo: Sivan Faraj Delek Israel proposes merger with Shufersal

The gas station chain is offering a share swap for a 20% stake in Israel's largest supermarket chain.

IKEA Beit Shemesh Photo: Shlomi Yosef IKEA to build Ashdod branch

The new branch will be the furniture and home accessories retail chain's seventh in Israel.

Miniso Dizengoff Center store Photo: Cadya Levy Struggling Miniso Israel franchisee seeks buyer

Miniso began operating in Israel three and a half years ago and currently has 25 stores.

Adv. Michal Cohen  credit: Avigail Piperno-Beer Competition Authority toughens merger disclosures

The new merger application regulations are part of the plan to tackle excessive concentration in Israel's food market.

Carrefour branch in Warsaw  credit: Shutterstock Yeinot Bitan signs Carrefour franchise agreement

The first of over 150 Israeli branches will be opened this year. Yeinot Bitan will also produce Carrefour food in Israel.

Erez Antebi  credit: Eyal Izhar As Allot's stock slides, shareholders seek board changes

The Israeli telecommunications technology company's share price is 58% below its peak of June last year.

Elementor's Yoni Luksenberg and Duda's Itai Sadan  credit: Eyal Izhar; Duda In Wix's backyard: Two Israeli startups vying for website builders

Duda has raised a lot more money, but Elementor has created a huge open-source community that it’s trying to convert into revenue.

Disney Plus Photo: Shutterstock Ivan Marc Disney+ unveils Israel subscription rates for June launch

Disney announced this morning that the Disney Plus streaming service will launch in 42 countries worldwide including Israel on June 16.

Walmart CEO Doug McMillon  credit: Cadya Levy Walmart CEO: We're not about to enter Israel

Visiting Israel, Doug McMillon talks to "Globes" about what he is and is not looking for here, and the retailing titan's vision for the online age.

Bezeq chairman Gil Sharon Photo: Tamar Matsafi Bezeq reports first annual revenue growth since 2016

The Israeli telecom company said it will distribute a dividend on profit for the first time since 2018.

New Lego store in Dizengoff Center Photo: PR Lego to open first Israeli store in Dizengoff Center

The store will be located in Building A where six stores are currently being renovated and merged into one store covering more than 200 square meters.

Naftali Bennet and Mohamed bin Zayed  credit: Haim Zach, Israel Government Press Office Israel on way to free trade with China, India, UAE

By the end of 2022, agreements with these and other countries will abolish tariffs on most goods, and substantially cut tariffs on food products.

LuLu Abu Dhabi Photo: PR Abu Dhabi retail giant LuLu in talks to open in Israel

LuLu has annual revenue of $8 billion and operates 227 stores and 24 shopping malls in 22 countries in the Middle East, Asia, the US and Europe.

Working from a Lviv cafe before the war  credit: Reuters/SOPA Images War challenges Ukraine's gig economy

Freelancer platforms Fiverr and Upwork are especially popular in Ukraine, but Western customers are becoming wary.

Teddy Sagi Photo: Yonatan Bloom Sagi's Layam to sell duty free products on Arkia flights

Layam will replace James Richardson, which has until now provided the duty-free products sold on Arkia flights.

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