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Israel's Business Arena

In trials, Elbit Systems Drakonit's remotely controlled weapons have fired accurately on suspicious targets at a distance of 1.5 kilometers.
Posted: May 26, 2018, 9:48 pm
Prince William, the direct heir to the British throne and grandson of Queen Elizabeth, will visit Israel from June 25 to June 28.
Posted: May 25, 2018, 10:42 am
The new fund is the first since Eric Schmidt's venture capital firm merged with Israel's Marker LLC.
Posted: May 24, 2018, 9:13 pm
The branch will replace a branch of US fashion chain Forever 21.
Posted: May 24, 2018, 9:12 pm
The Minister of Justice will support a bill subjecting the Capital Market Commissioner's decisions to Knesset Finance Committee approval.
Posted: May 24, 2018, 8:58 pm
Koji Arima, president of Japanese auto systems giant Denso, stopped at Valens during his lightning confidential visit to Israel.
Posted: May 24, 2018, 8:36 pm
Israir VP marketing: The new plane will help keep ticket prices low.
Posted: May 24, 2018, 7:03 pm
The plan for the Rova 4 neighborhood should give a considerable boost to urban renewal in central Tel Aviv.
Posted: May 24, 2018, 6:55 pm
After being denied a British visa, the Russian-Jewish billionaire lands in Israel today and may seek an Israeli passport, "Israel Hayom" reports.
Posted: May 24, 2018, 4:50 pm
The Governor of the Bank of Israel says Israel is not doing enough to reduce the highest rate of poverty of any OECD member.
Posted: May 24, 2018, 4:04 pm
Jerusalem Post owner Eli Azur, RGE and Ami Giniger are all interested in acquiring the popular Israeli news website.
Posted: May 24, 2018, 3:57 pm
After the sale, the Israeli real estate company holds 4.8% of the NYSE traded firm.
Posted: May 24, 2018, 3:23 pm
The Israeli company has signed a cooperation agreement with CTRIP, China's leading online travel website, and with 20 other tourism companies.
Posted: May 24, 2018, 2:09 pm
First quarter net profit fell from NIS 350 million in the first quarter to NIS 260 million.
Posted: May 24, 2018, 12:29 pm
The Israeli equity crowdfunding company has signed a MoU with Intesa Sanpaolo Innovation Center, subsidiary of leading Italian bank the Intesa Sanpaolo Group.
Posted: May 24, 2018, 12:27 pm
The US investigation against Bank Hapoalim is reflected in the bank's first quarter financial statements.
Posted: May 24, 2018, 12:09 pm
Indeni CEO: Our dream is to make running network and security systems easier. After all, we all rely on them.
Posted: May 24, 2018, 11:30 am
The Fed is expected to raise interest rates next month, widening the gap with Israeli interest but the shekel is strong due to powerful Israeli growth.
Posted: May 24, 2018, 11:00 am
The rise in profit stems to a great extent from the lower level of tax paid - 26.4% compared with 38.5% in the first quarter of 2017.
Posted: May 24, 2018, 9:21 am
The Impact incubator jointly run by Yakhin and Tech for Good is aimed at promoting sustainable agriculture.
Posted: May 23, 2018, 5:59 pm
Among other things, the Center will create automotive products and solutions including advanced driver-assistance components, DMS systems, head-up display units and LiDAR systems.
Posted: May 23, 2018, 5:26 pm
Migraine treatment fremanezumab is one of the main branded drugs on which Teva is banking on in the coming years.
Posted: May 23, 2018, 4:40 pm
Overnights by foreign tourists were up 23% in April, while overnights by Israelis were down 7%.
Posted: May 23, 2018, 4:24 pm
The company, set up to absorb royalties from the Tamar gas field, also plans to issue shares at a NIS 700 million company value.
Posted: May 23, 2018, 3:44 pm
The dollar is strengthening on world markets against all the world's major currencies except the Japanese yen.
Posted: May 23, 2018, 2:46 pm
The Israeli carrier will now inaugurate the new route in May 2019 after speeding up its program of taking older aircraft out of service.
Posted: May 23, 2018, 2:27 pm
Ceva CEO: The board's decision to expand the stock repurchase program reflects their belief in the long-term strategy and growth potential of the company.
Posted: May 23, 2018, 1:28 pm
New technologies and production lines at BTG Israel plant will support the development of new treatments in reproductive medicine and women’s health.
Posted: May 23, 2018, 10:23 am
The Caesarea office and its team of 50 will become gaming giant EA's Israel development center.
Posted: May 23, 2018, 9:58 am
The company reported that it was in talks with Globalsat for commercial use of its satellites in the Western Hemisphere.
Posted: May 22, 2018, 7:21 pm
The parties will be summoned to a hearing before the final decision is announced.
Posted: May 22, 2018, 6:43 pm
Keidan Dahari and Yaron Adiv, who have also expressed interest in acquiring Bezeq, are likely to buy 55% of the building from Israel Discount Bank for NIS 65 million.
Posted: May 22, 2018, 6:07 pm
The Israeli company's technology matches businesses with the most relevant lenders and provides a fast, simple funding solution at no cost.
Posted: May 22, 2018, 5:06 pm
The Herzliya-based company, which hopes to have a smartphone fast-battery charger on the market in 2019 is also developing a fast battery for cars.
Posted: May 22, 2018, 2:34 pm
Gaon Group expects a NIS 5 million gain on the sale of its 25.1% stake in the irrigation company to Kibbutz Metzer.
Posted: May 22, 2018, 2:15 pm
Even at a five month high against the world's other major currencies, the dollar has been unable to keep the shekel-dollar rate above NIS 3.60/$.
Posted: May 22, 2018, 2:03 pm
Tel Aviv Stock Exchange CEO Ittai Ben-Zeev and Bank Hapoalim have clashed over the sale of the Israeli stock exchange.
Posted: May 22, 2018, 1:44 pm
Konnect will promote the development of autonomous vehicle solutions and provide Israeli startups with access to the VW group.
Posted: May 22, 2018, 12:27 pm
The amendment to the Restrictive Trade Practices Law is meant to cut regulation and focus the Antitrust Authority's activity on maintaining competition.
Posted: May 22, 2018, 12:10 pm
The company, Chamoss, has several prominent Israeli businesspeople among its shareholders.
Posted: May 22, 2018, 10:48 am
The Ministry of Communications believes that phone companies' service representatives should not keep callers waiting longer than six minutes.
Posted: May 21, 2018, 7:57 pm
With Rami Levy set to take control of the cafe chain, a Tel Aviv district court case has revealed major problems at the company.
Posted: May 21, 2018, 7:51 pm
The Finance Ministry opposes deposit insurance, but has reached a compromise with the Bank of Israel for new banks.
Posted: May 21, 2018, 6:44 pm
The price was €25 million higher than the hotel's book value and the company has leased back the hotel for 30 years.
Posted: May 21, 2018, 6:41 pm
Harel recently invested NIS 280 million for 15% of the shares in private real estate company Golden Capital, which has a German real estate portfolio.
Posted: May 21, 2018, 6:39 pm
The latest financing round will allow the Israeli company to conduct its first three pilot projects in Europe with three of Europe's leading utilities.
Posted: May 21, 2018, 5:39 pm
The flights, including a 90-minute stopover in Addis Ababa, will take 13-14 hours.
Posted: May 21, 2018, 5:00 pm
The company's share price dropped 18% in trading on Nasdaq and TASE after Novitas recommended against Medicare reimbursement for the prostate cancer test.
Posted: May 21, 2018, 4:44 pm
A selection of recent real estate deals including in Tel Aviv, Ra'anana, Lod, Arad and Hatzor Haglilit.
Posted: May 21, 2018, 3:41 pm
Nanit uses computer vision technology to help parents with their baby’s sleep development.
Posted: May 21, 2018, 2:57 pm
On top of its other problems, Ormat Technologies is in breach of the New York Stock Exchange's conditions for listing.
Posted: May 21, 2018, 1:41 pm
Nacht and Yemin are in talks with the Bank of Israel on the venture, but face several regulatory obstacles.
Posted: May 21, 2018, 12:59 pm
Aeronautics participated in the "Black Sea Defense & Aerospace 2018" exhibition in Bucharest last week.
Posted: May 21, 2018, 11:33 am
The US Food and Drug Administration has published a list of pharma companies that "game the system" to block generic competition.
Posted: May 21, 2018, 11:04 am
The shekel is looking robust with Israel's economy growing at over 4% for the third consecutive quarter.
Posted: May 21, 2018, 10:59 am
The company is opening a waiting list for US investors who wish to trade in crytpocurrencies via its platform.
Posted: May 17, 2018, 8:29 pm
Mellanox now projects second quarter revenue of $260- 270 million, up from $255-265 million projected a month ago.
Posted: May 17, 2018, 7:10 pm
Teva's share price jumped in after-market trading after it was revealed that Berkshire Hathaway now has a 3.45% holding in Teva.
Posted: May 17, 2018, 7:05 pm
Dr. Adelson, who owns the newspaper with her husband Sheldon, is taking over as publisher from Asher Baharav, who is leaving along with CEO Zippi Koren.
Posted: May 17, 2018, 6:40 pm
A cooperation agreement with Romanian company Romaero paves the way for the first ever export sales of the Iron Dome rocket interception system.
Posted: May 17, 2018, 6:08 pm
The decrease in new homes sales was particularly steep in Jerusalem, the Central Bureau of Statistics reports.
Posted: May 17, 2018, 3:42 pm
The Tel Aviv Stock Exchange is collaborating with Accenture, The Floor and Intel to establish a securities lending platform.
Posted: May 17, 2018, 3:10 pm
The price of the deal is estimated at NIS 35 million.
Posted: May 17, 2018, 3:00 pm
Mobileye CEO Amnon Shashua told "Reuters" that he expects self-driving taxis to be on the roads by 2021.
Posted: May 17, 2018, 1:54 pm
The bank will post a profit of tens of millions of shekels on the NIS 82 million deal.
Posted: May 17, 2018, 11:40 am
The bank reported a 5% rise in profit in the first quarter of 2018 to NIS 319 million.
Posted: May 17, 2018, 10:27 am
The IEC, Histadrut and Ministry of Finance have agreed terms for opening up Israel's electricity sector to private competition.
Posted: May 17, 2018, 9:10 am
Electra Consumer wants to distribute Golan Telecom shares to its shareholders.
Posted: May 16, 2018, 9:09 pm
Objections to grandiose plans on land opposite the Tel Aviv seafront site are still being considered.
Posted: May 16, 2018, 6:17 pm
Tel Aviv based KELA provides advanced cyber intelligence software and solutions to enterprises and governmental agencies around the world.
Posted: May 16, 2018, 5:22 pm
RMDY deals with a constantly changing patient management market by reinventing itself.
Posted: May 16, 2018, 4:46 pm
This latest growth follows 4.4% growth on an annualized basis in the fourth quarter of 2017, the Central Bureau of Statistics reports.
Posted: May 16, 2018, 2:24 pm
The likelihood of an interest rate hike in the final quarter of 2018 is growing as inflation in Israel approaches the 1%-3% target range.
Posted: May 16, 2018, 1:36 pm
The startup strives to make it easier for doctors, clinicians and researchers to analyze and act on genetic sequencing results by applying various clinical applications.
Posted: May 16, 2018, 1:32 pm
aMoon's $500 million second fund will be Israel's largest-ever life science venture capital fund.
Posted: May 16, 2018, 1:27 pm
Quarterback CEO: Our platform allows the influencer to directly engage with their fans to create increased community involvement.
Posted: May 16, 2018, 10:02 am
Shrem, one of three people arrested on suspicions of money laundering, aggravated fraud and securities offenses, denies any wrongdoing.
Posted: May 16, 2018, 7:53 am
Dropbox senior VP Quentin Clark was speaking at the inauguration of the company's new offices in Tel Aviv's Azrieli Sarona tower.
Posted: May 15, 2018, 7:25 pm
Home prices are now down over the past 12 months while inflation is rising, the Central Bureau of Statistics reports.
Posted: May 15, 2018, 7:05 pm
From July 1, Amazon cloud computing services will start billing its customers in Europe, Africa, and the Middle East, including Israel, for VAT.
Posted: May 15, 2018, 6:03 pm
Intel today submitted a business plan to the Ministry of Economy and Industry for expanding its fab in Kiryat Gat .
Posted: May 15, 2018, 5:06 pm
Dimri acquired the Tel Aviv site eight years ago from Nicolas Berggruen.
Posted: May 15, 2018, 4:44 pm
The Jerusalem-based digital therapeutics company will use the funding to further develop its non-invasive, BCI-based simulation device towards commercialization activities in various markets.
Posted: May 15, 2018, 4:31 pm
Minute Media has created a digital publishing platform that empowers sports fans to create, publish and distribute thousands of pieces of content each day around the world.
Posted: May 15, 2018, 4:00 pm
Six Israeli companies were newly listed on Nasdaq in 2017, three of which held IPOs.
Posted: May 15, 2018, 3:23 pm
He joins the healthcare team alongside managing general partner Ittai Harel.
Posted: May 15, 2018, 1:34 pm
Prico sees the potential for the shekel to weaken as very limited.
Posted: May 15, 2018, 11:59 am
200 engineers are being hired for the center, which will move into a 12,000-sq.m. building next year. Amazon is leasing 60,000-sq.m. in Israel.
Posted: May 15, 2018, 11:03 am
The iconic 30-floor high-rise is located just east of the Azrieli Center.
Posted: May 14, 2018, 7:23 pm
Prime Minister Netanyahu: Historic days. Meanwhile 52 Palestinians are reported killed in demonstrations along the Gaza Strip border fence.
Posted: May 14, 2018, 7:09 pm
Cloud computing is bolstering growth at the Israeli company whose share price has crossed the $100 threshold.
Posted: May 14, 2018, 6:13 pm
HSBC has announced that it has set up a China Desk in Israel to encourage trade and investment flows between China and Israel.
Posted: May 14, 2018, 5:37 pm
The two finance ministers met in Moshe Kahlon's Jerusalem office ahead of the opening of the new US Embassy.
Posted: May 14, 2018, 4:45 pm

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