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Israel's Business Arena

Tax experts warn that President Trump's corporate tax cut will spark an exodus of revenue from Israel.
Posted: April 27, 2017, 9:16 pm
The lowering of US corporate tax to 15% is liable to cause a reversal of the trend of recent years.
Posted: April 27, 2017, 9:16 pm
The minister of finance met yesterday with local high tech and investment institution representatives.
Posted: April 27, 2017, 9:15 pm
If it takes place, the visit will be part of the US president's first foreign tour.
Posted: April 27, 2017, 8:19 pm
Nike Canada Corp. has awarded Fox-Wizel unit Retailors a seven-year license.
Posted: April 27, 2017, 4:31 pm
Aviation Industry Corporation of China is the country's largest defense and aerospace company.
Posted: April 27, 2017, 4:31 pm
Global University Systems has undertaken to find an immediate solution for High Q's students and to employ 90% of its workers.
Posted: April 27, 2017, 4:30 pm
Overseas investment fund XIO has 20 days to rectify the violations in the acquisition of Meitav Dash.
Posted: April 27, 2017, 3:56 pm
The company's revenue and net profit grew 8% in the first quarter.
Posted: April 27, 2017, 3:34 pm
Mellanox is projecting $205-215 million in second quarter revenue, compared with $215 million in the corresponding quarter in 2016
Posted: April 27, 2017, 3:06 pm
The plan for Israel's Red Sea resort includes construction of 14,300 homes and 5,400 hotel rooms.
Posted: April 27, 2017, 2:32 pm
David Edry was sentenced to 54 months in prison and fined NIS 4.5 million. Shai Ben-David got 30 months.
Posted: April 27, 2017, 2:08 pm
The rooms, ideal for hotels and hospitals, will answer questions and respond to orders.
Posted: April 27, 2017, 1:12 pm
The shekel fell 1.4% against sterling after UK Prime Minister Theresa May called a snap election.
Posted: April 27, 2017, 10:29 am
Optimism in Europe after the French elections and fear that US corporate tax cuts will cause Israeli companies to move revenue abroad are weakening the shekel.
Posted: April 27, 2017, 10:28 am
Gett CEO David Waiser said that the company will be looking to raise more capital this year.
Posted: April 26, 2017, 9:48 pm
The Israeli taxi hailing app is in advanced negotiations with New York based Juno, "Techcrunch" reports.
Posted: April 26, 2017, 9:39 pm
The Israeli company enriches log files with an intelligence layer that diagnoses every error.
Posted: April 26, 2017, 9:36 pm
The planned 45,000-square meter building will help revive Jerusalem city center.
Posted: April 26, 2017, 5:48 pm
The Israeli pharmaceuticals company said a new CEO will first be appointed who will help find the new CFO.
Posted: April 26, 2017, 5:42 pm
Teva is considering selling its cancer treatment portfolio in order to reduce its growing debt, "Bloomberg" reports.
Posted: April 26, 2017, 5:33 pm
Finistere has appointed two Israeli partners and will also invest in companies through its Radicle accelerator.
Posted: April 26, 2017, 5:17 pm
Despite improvement in Israel's debt-GDP ratio, it is still a weak point in Israel's credit rating.
Posted: April 26, 2017, 4:33 pm
The Israeli smart car company will conduct trials for its software solutions for advanced driver assistance systems (ADAS) and autonomous driving apps 
Posted: April 26, 2017, 4:31 pm
The company announced it was negotiating for the supply of its content services.
Posted: April 26, 2017, 2:36 pm
The Israeli company uses artificial intelligence to diagnose medical images including CTs and MRIs.
Posted: April 26, 2017, 2:22 pm
The new family package includes 3 mobile phone lines, landline, TV and Internet.
Posted: April 26, 2017, 2:18 pm
Israeli startups raised $1.03 billion in the first quarter of 2017, down 8% from the corresponding quarter of 2016, IVC-ZAG reports.
Posted: April 26, 2017, 1:14 pm
Brosh Capital is seeking to replace the Alcobra board of directors with its own directors.
Posted: April 26, 2017, 12:39 pm
Hotel occupancy in Israel rose from 54% in March 2016 to 64% in March 2017.
Posted: April 26, 2017, 7:35 am
Tenders were also closed in Beer Sheva, Netanya, Sakhnin, and Givat Olga.
Posted: April 26, 2017, 7:33 am
Perrigo, which has 1,150 employees in Israel, is cutting 750 jobs worldwide.
Posted: April 25, 2017, 6:39 pm
Unilever, Schestowitz, and Diplomat have until mid-May to explain the big gaps between Israeli and overseas toiletries prices.
Posted: April 25, 2017, 6:13 pm
Delek Drilling and Avner will use the proceeds to issue a dividend to their investors.
Posted: April 25, 2017, 6:11 pm
Desheh's appointment as chairman of Isracard is likely.
Posted: April 25, 2017, 6:10 pm
Buyers including Clal Insurance are prepared to pay $175 million for ICL's 50% stake in the desalination company. 
Posted: April 25, 2017, 6:03 pm
It is alleged that cancelation of the tunnel beneath Kikar Hamedina will create unbearable traffic jams.
Posted: April 25, 2017, 6:00 pm
Twistlock's unique approach to application security uses machine learning to automatically create and enforce security models.
Posted: April 25, 2017, 4:02 pm
The company, with offices in Tel Aviv and London, has raised $25 million to date.
Posted: April 25, 2017, 3:33 pm
The fictitious billing allegedly included events for the religious public, such as religious lessons in community centers, and inauguration of a Torah scroll.
Posted: April 25, 2017, 2:22 pm
Dutch game developer GamePoint will pay $12.5 million for the social casino games company, which will become its Israel R&D center.
Posted: April 25, 2017, 2:10 pm
16 bids were submitted in the tender for the 1.175-acre lot near Mayumana House.
Posted: April 25, 2017, 1:51 pm
The bank would prefer to sell Isracard, but there is a shortage of buyers.
Posted: April 25, 2017, 1:02 pm
The total debt offering is being expanded to NIS 700 million, and it will be entirely dollar-denominated.
Posted: April 25, 2017, 11:53 am
There are conflicting tax collection forecasts within the Ministry of Finance, as well as constraints on the spending side.
Posted: April 25, 2017, 11:38 am
From the first quarter of 2017, Bank Hapoalim will distribute 40% of its net profit as a dividend, instead of 30% previously.
Posted: April 25, 2017, 9:44 am
The 18 year-old is suspected of extortion, computer offenses, money laundering, carrying an illegal weapon, and more.
Posted: April 24, 2017, 8:39 pm
The Finance Ministry has backed down and agreed that all Israel Broadcasting Authority employees will be taken in by the new corporation.
Posted: April 24, 2017, 6:39 pm
Clal Industries has held 19% of Israel Shipyards' shares for 20 years.
Posted: April 24, 2017, 6:36 pm
Three 25-floor buildings will replace 74 old apartments in the Neve Daniel neighborhood.
Posted: April 24, 2017, 4:14 pm
The Foreign Ministry says the 20,000 construction workers will not work over the Green Line for security rather than policy reasons.
Posted: April 24, 2017, 2:24 pm
The results of the first round of the French presidential election have given a boost to financial markets.
Posted: April 24, 2017, 11:41 am
Teva's AirDuo RespiClick and its generic equivalent will compete against GSK's Advair which has annual sales of $2 billion.
Posted: April 24, 2017, 9:52 am
A selection of recent real estate deals in Israel including in Tel Aviv, Givatayim, Ramat Gan, Hod Hasharon and Haifa.
Posted: April 23, 2017, 4:11 pm
The Israeli company's system works like the security pins attached to clothing that beep when removing items from stores.
Posted: April 23, 2017, 3:32 pm
8,800 homes were sold in February, 9% fewer than in January and 7% fewer than in February 2016, the Finance Ministry reports. 
Posted: April 23, 2017, 3:22 pm
The average interest rate on index-linked mortgages fell from 3.93% in March to 3.88% in April.
Posted: April 23, 2017, 3:19 pm
The company's leading drug candidate is Trevyent for the treatment of Pulmonary Arterial Hypertension (PAH).
Posted: April 23, 2017, 1:38 pm
The Israeli company's radar facilitates 4D imaging real-time mapping at distances up to 300 meters.
Posted: April 23, 2017, 12:55 pm
Over 70% of Ithaca's other shareholders accepted Delek's offer. Delek will pay about CA$ 470.5 million for their shares.
Posted: April 23, 2017, 12:27 pm
Histadrut chairman Avi Nissenkorn has again threatened a strike  over the public broadcasting controversy.
Posted: April 23, 2017, 12:26 pm
The five year deal is to develop, produce and distribute boys and girls underwear, sleepwear and socks for the brand.
Posted: April 23, 2017, 11:45 am
Sagi's privately held LabTech Investments has made an offer at a 30% premium to buy the 29% of Market Tech it does not already own.
Posted: April 23, 2017, 10:07 am
Kardan NV initially sought a €200 million valuation for its engineering subsidiary, but it mat have to settle for €100 million or less.  
Posted: April 20, 2017, 9:27 pm
Since listing in Tel Aviv in 2015, US pharmaceuticals company MannKind has lost 95% of its value.
Posted: April 20, 2017, 8:47 pm
The Bank of Israel Monetary Committee gave a generally optimistic assessment of the economy in its interest rate discussion for April. 
Posted: April 20, 2017, 6:05 pm
Xfone, owned by Hezi Bezalel, will become Israel's sixth mobile phone operator.
Posted: April 20, 2017, 5:30 pm
The pair of apartments in the Ritz-Carlton hotel will cost the Israeli billionaire NIS 32 million.
Posted: April 20, 2017, 5:20 pm
The Israeli company provides scan-to-fit guided shopping experience platforms that combine advanced 3D-digitization and deep-learning technologies.
Posted: April 20, 2017, 5:04 pm
Hezi Bezalel: The model allowing us to share Cellcom's network has enabled us to enter the market.
Posted: April 20, 2017, 4:11 pm
The Israeli smart TV company is also offering TV, ISP and infrastructure services for NIS 100 per month.
Posted: April 20, 2017, 3:48 pm
Streamlining plans show that Mizrahi Tefahot is set to surpass Leumi and Discount Bank.
Posted: April 20, 2017, 2:08 pm
However, the Bank of Israel is concerned that the cost will require the government to find extra funding sources.
Posted: April 20, 2017, 1:49 pm
Scandinavian Airlines will fly to Israel's Red Sea resort from October.
Posted: April 20, 2017, 1:05 pm
Duchifat-2, developed by 180 high school students, will measure the plasma density of the thermosphere.
Posted: April 20, 2017, 11:28 am
Ural Airways has also launched a new route between Tel Aviv and the southern Russian resort of Sochi.
Posted: April 20, 2017, 10:57 am
France's Alstom and Spain's CAF who appealed the decision, will have to pay NIS 75,000 each in court costs.
Posted: April 20, 2017, 8:40 am
From next Sunday, mobile phones will cost hundreds of shekels less.
Posted: April 20, 2017, 6:49 am
Supermarkets, entertainment centers, and pharmacies will be allowed to operate in Tel Aviv from Friday sunset to Saturday sunset.
Posted: April 19, 2017, 7:46 pm
All the Chinese companies are government owned and part of consortiums with Israeli companies. 
Posted: April 19, 2017, 7:35 pm
BioLight will sell its stake in IOPtima in installments at a company value of $30-56 million.
Posted: April 19, 2017, 7:06 pm
TopTix, which processes 80 million tickets annually in 16 countries, will continue operating in Israel.
Posted: April 19, 2017, 7:05 pm
MeMed accurately distinguishes between bacterial and viral infections based on the patient immune response.
Posted: April 19, 2017, 7:03 pm
Japan's Softbank led the investment in the Tel Aviv based company and it will distribute products in Japan.
Posted: April 19, 2017, 5:32 pm
Israel Police have sought approval from Attorney General Dr. Avichai Mandelblit to question under caution Welfare Minister Haim Katz.
Posted: April 19, 2017, 3:20 pm
The Finance Minister believes his program to lower the cost of living will be passed "as is" even though he did not consult with the Prime Minister.
Posted: April 19, 2017, 12:19 pm
WeissBeerger is bringing high-tech to the local bar with its unique Internet brew.
Posted: April 19, 2017, 11:31 am
The homes will be built in the East Jerusalem neighborhoods of Pisgat Zeev and Ramat Shlomo, Army Radio reports.
Posted: April 19, 2017, 9:58 am
Permira wants to offload its 66% stake in the Israeli irrigation developer at a company value of $1.5 billion.
Posted: April 19, 2017, 7:53 am
Political circles believe that the Finance Minister did not coordinate details of the plan with Prime Minister Benjamin Netanyahu.
Posted: April 19, 2017, 7:06 am
German and French railways companies Deutsche Bahn and SNCF have decided not to bid for the Red Line.
Posted: April 18, 2017, 6:40 pm
The Minister of Finance's tax cuts are aimed at lowering Israel's cost of living for the middle class.
Posted: April 18, 2017, 5:33 pm
A selection of recent real estate deals including in Jerusalem, Tel Aviv, Ramat Gan, Hod Hasharon and Beersheva.
Posted: April 18, 2017, 4:38 pm

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