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News - Globes

Israel's Business Arena

Oracle has 400 employees in its Oracle Israel subsidiary, in four centers: Tel Aviv, Petah Tikva, Ra'anana, and Beersheva.
Posted: March 26, 2019, 3:35 pm
Since 2014, OurCrowd has participated in over 138 deals in Israel.
Posted: March 26, 2019, 2:35 pm
The company's sensor allows remote 3D scanning and provides a high-definition image of a vehicle's surroundings.
Posted: March 26, 2019, 1:53 pm
The US fast food giant says it will utilize the Tel Aviv based company's decision technology to provide an even more personalized customer experience.
Posted: March 26, 2019, 1:22 pm
The Tel Aviv-based image ranking platform combines the virtual world of mobile games with real-world photo-taking.
Posted: March 26, 2019, 1:00 pm
Prico CEO Yossi Fraiman: Exporters and algorithm-based traders began selling major amounts of foreign currency and halted the continued devaluation of the shekel yesterday.
Posted: March 26, 2019, 12:36 pm
On a visit to Israel, Jensen Huang says that he wants Eyal Waldman to continue leading Mellanox as an independent entity.
Posted: March 26, 2019, 12:09 pm
More than sixty rockets have been fired at Israel in the past twenty-four hours.
Posted: March 26, 2019, 11:06 am
While President Trump presented the prime minister with a diplomatic coup, Israeli media focused on the security situation at home.
Posted: March 26, 2019, 10:27 am
The tourist Rav-Kav card called Israel Pass will be sold at a special stand at Ben Gurion Airport's Terminal 3.
Posted: March 26, 2019, 7:44 am
"If imitation is the sincerest form of flattery, then Nvidia must think very highly of us," Mobileye CEO and Intel SVP Amnon Shashua said.
Posted: March 25, 2019, 10:43 pm
In approving Germany's sale of submarines to Egypt, Netanyahu strengthened the military, which opposed the Muslim Brotherhood's President Morsi.
Posted: March 25, 2019, 7:26 pm
The Israel company has developed a mobile phone banking platform for migrant workers to wire money back home.
Posted: March 25, 2019, 4:58 pm
The acquisition of Firmo will enable Israeli company eToro to accelerate the growth of our tokenized assets.
Posted: March 25, 2019, 3:31 pm
Israeli IIoT and ICS security company CyberX has raised $48 million to date.
Posted: March 25, 2019, 1:04 pm
The Bank of Israel reported a net NIS 5.3 billion profit in 2018, compared with an NIS 800 million loss in 2017.
Posted: March 25, 2019, 12:08 pm
Political rivals have been quick to blame Prime Minister Benjamin Netanyahu for this morning's rocket attack
Posted: March 25, 2019, 11:37 am
The rocket hit a house on a moshav in the Sharon area of Israel. Prime Minister Benjamin Netanyahu is cutting short his visit to Washington.
Posted: March 25, 2019, 11:05 am
The company will have to put up hundreds of millions of shekels in equity for the acquisition.
Posted: March 24, 2019, 9:09 pm
The Haifa-Nazareth is a new type of railway in Israel, called a tram-train - a combination of light and heavy rail.
Posted: March 24, 2019, 6:36 pm
The EXJADE (deferasirox) tablets are for the treatment of chronic iron overload due to blood transfusions in patients two years of age and older.
Posted: March 24, 2019, 5:46 pm
Homeowners in the luxury building complain that short-term rental of units, sometimes even by the hour, causes disturbances and filth.
Posted: March 24, 2019, 5:11 pm
Delek is mulling acquiring a stake in Shell's Idku facility or Union Fenosa's Damietta LNG facility, reports "Bloomberg."
Posted: March 24, 2019, 4:14 pm
A selection of recent real estate deals in Israel including in Ramat Gan, Netanya, Tiberias and Beersheva.
Posted: March 24, 2019, 3:25 pm
A survey by the University of Maryland finds that 73.5% of Israel's Arabs intend to vote in the April 9 election, with Benny Gantz the main beneficiary.
Posted: March 24, 2019, 3:09 pm
Midroog predicts that B Communications will not meet the payments on its bonds without the consent of all of its bondholders.
Posted: March 24, 2019, 3:02 pm
The Leviathan partners will try to increase production capacity in the first stage to 16 BCM a year by adding production wells and a third pipeline.
Posted: March 24, 2019, 2:51 pm
The tent city planned for Yarkon Park in Tel Aviv during the Eurovision Song Contest has been called off.
Posted: March 24, 2019, 2:07 pm
Cobwebs gathers security-oriented intelligence data from all over the Internet.
Posted: March 24, 2019, 1:33 pm
Flights begin October 27 with one-way fares starting from €37.
Posted: March 24, 2019, 1:10 pm
The Ramat Gan-based company's technology can turn any device into a content augmentation platform, using basic hardware.
Posted: March 24, 2019, 12:52 pm
B Communications says the drop in Bezeq's value will reduce its equity by NIS 650 million.
Posted: March 22, 2019, 2:31 pm
The company increased the number of its new customers by 150% in 2018.
Posted: March 21, 2019, 6:27 pm
Many technologies developed by the Israeli auto-tech sector also have military applications, which could lead to US demands to restrict Chinese investment.
Posted: March 21, 2019, 3:46 pm
Yellzz enables SMEs to be proactive and interact with potential customers at the exact moment when the customers are looking for the service or product offered.
Posted: March 21, 2019, 1:39 pm
Guesty's platform simplifies the complex operational needs accompanying short-term rental management.
Posted: March 21, 2019, 1:37 pm
With the deal scheduled to be completed by the end of the year, Mellanox share price is 6.5% below what Nvidia will pay. What snags could torpedo the deal?
Posted: March 21, 2019, 12:50 pm
The 18-inch-diameter, 34-kilometer-long pipeline cost NIS 290 million to build.
Posted: March 21, 2019, 11:12 am
After US Federal Reserve Chairman Jerome Powell said there would be no rate increases this year, the stage is set for the shekel-dollar interest rate gap to narrow.
Posted: March 21, 2019, 11:05 am
In ranking Sheba Medical Center tenth, "Newsweek" says it is a leader in medical science and biotechnical innovation.
Posted: March 21, 2019, 9:39 am
The carmaker is working with 13 startups at its Digilab center in Tel Aviv.
Posted: March 20, 2019, 5:58 pm
Azrieli Group made a NIS 1.2 billion net profit, despite unfavorable property revaluations.
Posted: March 20, 2019, 5:21 pm
Two of the licenses are land oil exploration licenses and the third is the Roei offshore gas exploration license.
Posted: March 20, 2019, 4:38 pm
Israel fell two places to thirteenth but remains ahead of such countries as the UK (15), Germany (17) and the US (19).
Posted: March 20, 2019, 3:37 pm
Building starts were strong where Buyer Fixed Price Plan campaigns were held and weak in most other places.
Posted: March 20, 2019, 3:17 pm
Former Thyssenkrupp agent Michael Ganor has cancelled his plea bargain agreement apparently because he has been unable to access money in overseas accounts, sources inform "Globes."
Posted: March 20, 2019, 1:48 pm
The Israeli pharmaceutical company is closing its tablets factory and inhalers factories on the properties this year.
Posted: March 20, 2019, 1:37 pm
A tender was also issued for the Metronit rapid transit bus system in Haifa.
Posted: March 20, 2019, 11:46 am
El Al will operate three weekly flights on Tuesdays, Thursdays and Sundays using 282-seat Boeing 787 Dreamliner.
Posted: March 20, 2019, 10:55 am
The Energy Ministry's total budget for subsidizing charging stations in Israel for electric cars is NIS 30 million.
Posted: March 19, 2019, 8:17 pm
In addition to the Ramat Gan store, outlets will soon be opened in Jerusalem and Netanya with 40 branches planned within four years.
Posted: March 19, 2019, 6:49 pm
The Defense Ministry announced that it has completed trials in southern Israel to upgrade the medium range missile defense system.
Posted: March 19, 2019, 6:08 pm
SpaceIL's Beresheet spacecraft's most important maneuver on the way to the moon will be conducted on April 4.
Posted: March 19, 2019, 5:14 pm
The company has received a NIS 9 million grant from the Israel Innovation Authority and total investment in the new plant will be NIS 46 million.
Posted: March 19, 2019, 4:32 pm
Azrieli will be the first shopping mall company to compete with its tenants by becoming a franchise holder for international retails chains.
Posted: March 19, 2019, 2:57 pm
After a running-in period, in which four startups received support from the accelerator, the new ventures that will join the Center were unveiled.
Posted: March 19, 2019, 2:11 pm
Sources close to the company estimated the price at several million euros.
Posted: March 19, 2019, 12:59 pm
One specialist at Hadassah Medical Center received almost NIS 253,000 a month.
Posted: March 19, 2019, 12:46 pm
The worker, a Moldovan citizen, died of his injuries after falling from a roof.
Posted: March 19, 2019, 12:28 pm
Bezeq will have to make the write-down unless the Israel Securities Authority allows it to treat its subsidiaries as a single accounting unit.
Posted: March 19, 2019, 11:25 am
The Economist Intelligence Unit's 2019 cost of living rankings are topped by Paris, Singapore and Hong Kong.
Posted: March 19, 2019, 10:47 am
The fourth quarter and full year 2018 financials are the first that Elbit Systems has released after completing the acquisition of Israel Military Industries.
Posted: March 19, 2019, 10:16 am
The new division will tailor future weapons systems to the IDF's operational and intelligence needs.
Posted: March 18, 2019, 8:28 pm
Nerivio Migra, the Netanya-based company's novel remote neuromodulation device for acute treatment of migraine, is under review by the FDA.
Posted: March 18, 2019, 8:26 pm
The Tel Aviv store is about half the size of the 3,100 square meter Rishon Lezion store, which opened in 2017.
Posted: March 18, 2019, 5:02 pm
The Israeli taxi hailing app's CEO Dave Waiser has told the "Financial Times" that the company is planning its IPO later this year.
Posted: March 18, 2019, 4:08 pm
The flow of gas from Israel to Egypt under a $15 billion deal had been planned to start this month but has been delayed due to a pipeline fault, "Bloomberg" reports.
Posted: March 18, 2019, 4:03 pm
Under the plan, the minister of justice would appoint Supreme Court justices, with Knesset and cabinet ratification.
Posted: March 18, 2019, 3:20 pm
The ambitious Innovation Valley program for Haifa Bay was presented today by the Israel Land Administration.
Posted: March 18, 2019, 3:17 pm
The schedule calls for additional trains and extended operating hours, but Israel Railways may be unable to implement it.
Posted: March 18, 2019, 1:16 pm
Excluding the provision against the US tax evasion investigation, the bank posted a net profit of NIS 3.579 billion in 2018, and return on equity was 9.7%.
Posted: March 18, 2019, 1:01 pm
The rights to the Leviathan natural gas reservoir will be transferred to a foreign company to be listed on the London Stock Exchange.
Posted: March 18, 2019, 12:03 pm
Cellcom CEO Nir Sztern: The Israeli telecommunications market is in a difficult state, and without urgent regulatory intervention to resolve the crisis, genuine damage to investments is expected.
Posted: March 18, 2019, 11:12 am
The Israeli broadcaster will launch a new Apple-based converter in the coming months in which Yes TV will be installed as the first option.
Posted: March 18, 2019, 6:09 am
Having invested NIS 1 billion in Arena Group, Marcus Weber is delisting the company from the TASE for only NIS 8.5 million, after the company lost almost its entire value.
Posted: March 17, 2019, 8:48 pm
We see a slide in housing starts, and we therefore believe that housing prices will not fall in 2019," BDO managing partner Shahar Ziv said.
Posted: March 17, 2019, 8:45 pm
The Israeli supermarket chain's profit fell 36% in the fourth quarter due to the Be pharmacy chain's operating loss.
Posted: March 17, 2019, 6:28 pm
Tel Aviv Mayor Ron Huldai told the Globes Real Estate Conference today that replacing Sde Dov airport by new housing would be a catastrophe.
Posted: March 17, 2019, 4:19 pm
A selection of recent real estate deals in Israel including in Jerusalem, Rishon Lezion, Rehovot and Lod.
Posted: March 17, 2019, 3:32 pm
The (Summayl) site between Jabotinsky Street, Ben Shaprut Street, Arlosoroff Street, and Ibn Gvirol Street is one of the last and most expensive land reserves in central Tel Aviv.
Posted: March 17, 2019, 1:54 pm
The 104-room Ibis Styles is in the heart of the city at the bottom of the Ben Yehuda street pedestrian mall near Zion Square.
Posted: March 17, 2019, 1:18 pm
The airline is also about to launch direct flights to Antalya, aimed at Israeli vacationers.
Posted: March 17, 2019, 12:14 pm
The deal brings the Israeli chain's total number of hotels in the UK and Ireland to 51, with over 11,300 rooms.
Posted: March 17, 2019, 10:19 am

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