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News - Globes

Israel's Business Arena

Sharon Shalom headed the Ministry of Defense's office when Avigdor Liberman was minister of defense, and retained his position after Liberman resigned.
Posted: January 19, 2020, 8:35 pm
The Israel Tax Authority has raised the tax exemption threshold for purchase of a first home has been raised from NIS 1,696,750 to NIS 1,744,505.
Posted: January 19, 2020, 5:09 pm
The DavidShield-PassportCard group is jointly controlled by founder Alon Ketzef and US insurance company White Mountains.
Posted: January 19, 2020, 4:43 pm
The Israeli satellite networks company's share price is up sharply today on reports it might be acquired at a premium by an international company.
Posted: January 19, 2020, 4:13 pm
The former Jerusalem mayor has a socioeconomic agenda that he says can gain the Likud six extra Knesset seats in the elections.
Posted: January 19, 2020, 2:53 pm
Numbeo has also ranked Haifa in 31st place and Jerusalem in 34th place in its cities cost-of-living index.
Posted: January 19, 2020, 1:44 pm
A selection of recent real estate deals in Israel including in Tel Aviv, Ramat Gan, Rishon Lezion, and Nahariya.
Posted: January 19, 2020, 1:06 pm
The new Sderot in the park neighborhood will also include an industrial park.
Posted: January 19, 2020, 12:59 pm
Clal Biotech stands to receive shares worth $2.1 million in German company BioNTech, which is acquiring US company Neon Therapeutics.
Posted: January 19, 2020, 12:13 pm
Torrential rain is forecast for much of the week with snowfall on the highest peaks in central Israel on Tuesday and Wednesday.
Posted: January 19, 2020, 10:27 am
The latest polls from Channels 11, 12 and 13, were conducted after the lists for the March 2 elections were submitted.
Posted: January 19, 2020, 7:58 am
A Tel Aviv judge has cited national security concerns and ordered the case to be heard behind closed doors.
Posted: January 16, 2020, 6:56 pm
Posted: January 16, 2020, 5:24 pm
Epsagon enables DevOps and engineering teams to monitor, visualize, troubleshoot and quickly fix their cloud applications.
Posted: January 16, 2020, 4:28 pm
The Supreme Court has upheld a ruling in the Tel Aviv District Court.
Posted: January 16, 2020, 4:04 pm
The US medical device company will pay close to the $60 million that LifeBond has raised from investors.
Posted: January 16, 2020, 3:02 pm
The number of annual real estate deals has fallen in recent years in Jerusalem, Tel Aviv and Haifa, the Madlan website reports.
Posted: January 16, 2020, 1:28 pm
The buyer will have to undertake to invest NIS 1 billion in the port.
Posted: January 16, 2020, 11:55 am
Correction: Israel's Consumer Price Index rose by 0.6% in 2019, well below the government's 1%-3% target range for inflation.
Posted: January 16, 2020, 10:50 am
The Israeli Cyber Companies Consortium provides cybersecurity solutions to governments.
Posted: January 16, 2020, 10:38 am
Naftali Bennett and Ayelet Shaked's New Right party will run for Knesset on a joint list with Rafi Peretz's Habayit Hayehudi. Otzma Yehudit will run separately.
Posted: January 16, 2020, 10:19 am
Analysts forecast that the December Consumer Price Index rose 0.1%, leaving inflation in 2019, well below the 1%-3% target range.
Posted: January 16, 2020, 10:07 am
The Israeli startup has developed a platform for AI transcriptions and smart captions.
Posted: January 15, 2020, 9:40 pm
The company develops next-generation gene editing using synthetic biology to address untreatable diseases.
Posted: January 15, 2020, 9:20 pm
Elad Group handles Tshuva's real estate business in North America.
Posted: January 15, 2020, 9:17 pm
Merrill Lynch's analysts observe that the Bank of Israel is determined to weaken the Israeli currency.
Posted: January 15, 2020, 6:58 pm
Epic Suisse, which holds commercial centers, offices, and distribution centers, has a NIS 4.3 billion value.
Posted: January 15, 2020, 6:02 pm
The Israeli company's healthcare analytics platform delivers improved clinical and operational outcomes by predicting life-threatening complications.
Posted: January 15, 2020, 4:17 pm
Israel Land Authority (ILA) is asking that authority for the huge Glilot site plan be taken away from the Tel Aviv District Planning and Building Commission.
Posted: January 15, 2020, 12:59 pm
Low-cost flghts will be switched to Ben Gurion airport Terminal 3 next week as the airport makes special arrangements to receive leaders attending the event for the 75th anniversary of the liberation of Auschwitz.
Posted: January 15, 2020, 11:45 am
To mark the occasion, the energy ministers of Israel, Egypt, Italy, Greece, Cyprus, Jordan and the Palestinian Authority will meet in Cairo today.
Posted: January 15, 2020, 9:44 am
The committee focused on digital platforms for offerings, trading, and clearance of securities using distributed ledger technology.
Posted: January 14, 2020, 7:38 pm
The Tel Aviv Hotel Association said that the city's 8,800 rooms had 76% occupancy in 2019 compared with 70% nationwide.
Posted: January 14, 2020, 7:33 pm
BioProtect's ProSpace balloon spacer protects prostate cancer patients undergoing radiation therapy.
Posted: January 14, 2020, 6:55 pm
More new homes were sold in the first eleven months of 2019 than in all of 2018, the Central Bureau of Statistics reports.
Posted: January 14, 2020, 6:32 pm
Bezalel Smotrich has teamed up with Naftali Bennett and Ayelet Shaked, splitting from Rafi Peretz and the far right Otzma Yehudit.
Posted: January 14, 2020, 6:04 pm
Last year, Motixafortide received Orphan Drug Designation for the treatment of Pancreatic Cancer from the US Food and Drug Administration (FDA).
Posted: January 14, 2020, 4:49 pm
The total value of exits of up to $5 billion in 2019 was the highest ever, with $14.84 billion in 2019, compared with $12.63 billion in 2018.
Posted: January 14, 2020, 3:10 pm
27.5% of households in Israel owned no home in 2018, compared with 28.2% in 2017, the Central Bureau of Statistics reports.
Posted: January 14, 2020, 3:03 pm
The company's systems can collect and analyze data from mobile phones for law enforcement agencies.
Posted: January 14, 2020, 1:18 pm
Perion Network is paying up to $73 million for New York and Tel Aviv-based Content IQ.
Posted: January 14, 2020, 12:53 pm
At the JP Morgan Healthcare Conference, Teva CEO Kare Schultz said the company was on target with streamlining and debt reduction, and outlined its strategy for the Chinese market.
Posted: January 14, 2020, 12:37 pm
The first poll results published after Labor and Meretz announced their merger gives them no additional strength but puts them safely above the minimum threshold.
Posted: January 14, 2020, 9:58 am
The international model herself would remain out of prison despite pleading guilty to tax evasion for millions of shekels in taxes.
Posted: January 14, 2020, 7:50 am
NTA's board has reported that the Red Line won't be ready until 2022 and that tender deadlines for the Green and Purple lines have been postponed by six months.
Posted: January 13, 2020, 6:37 pm
The 1970s building in Gilo will be replaced by a new neighborhood of 1,032 apartments.
Posted: January 13, 2020, 6:01 pm
The Knesset Arrangements Committee decided to form the House Committee to deal with the application for immunity from prosecution.
Posted: January 13, 2020, 5:53 pm
Analyst Steve Weiss has also cut the Israeli cybersecurity company's target price by 6% from $115 to $106.
Posted: January 13, 2020, 4:41 pm
Completion of the NIS 40 million deal is contingent on Talma's IPO, which aims to raise NIS 150-200 million.
Posted: January 13, 2020, 4:23 pm
Elbit Systems unit IMI Systems will provide the Finnish Defense Forces with NATO compliant 120mm High Explosive Multi-Purpose ammunition.
Posted: January 13, 2020, 2:27 pm
Dankner will now be able to apply to the Release Committee for immediate release on medical grounds.
Posted: January 13, 2020, 2:22 pm
An investment decision on the oil project in the Gulf of Mexico is expected within the next few months.
Posted: January 13, 2020, 1:17 pm
Insurance group Harel has bought 33% of the rights in two buildings in San Francisco's South Financial District.
Posted: January 13, 2020, 12:08 pm
MSD Capital, the family office of US technology billionaire Michael Dell, sold a 2% stake in the Israeli supermarket chain, leaving it with just over 5%.
Posted: January 13, 2020, 11:36 am
The prime minister said political uncertainty made projections impossible, and presented positive figures on Israel's labor market and debt raising.
Posted: January 13, 2020, 11:07 am
Labor leader Amir Peretz and Meretz leader Nitzan Horowitz have agreed that their parties will run on a joint list in the upcoming Knesset election.
Posted: January 13, 2020, 9:30 am
The Matam technology park and business zones in Tirat HaCarmel and Yokne'am are already competing for businesses.
Posted: January 12, 2020, 9:22 pm
The underground park and ride lot beneath Shazar Boulevard will have 1,370 parking spaces.
Posted: January 12, 2020, 9:13 pm
The reform was designed to make taxi fares more transparent.
Posted: January 12, 2020, 6:16 pm
Bank Hapoalim believes that Israeli pension funds are reducing their exposure to the exchange rate by selling foreign currency through hedging activity.
Posted: January 12, 2020, 5:48 pm
Clal Insurance will invest NIS 150 million towards the cost of the land and construction of a 34-floor office tower.
Posted: January 12, 2020, 4:43 pm
The Menivim REIT fund has bought three sites in the Tefen industrial zone and land and buildings in Nahariya.
Posted: January 12, 2020, 4:42 pm
The lake still remains two meters below its maximum level, the Kinneret Authority reports.
Posted: January 12, 2020, 3:48 pm
A selection of recent real estate deals in Israel including in Jerusalem, Nertanya, Ashdod, Arad and Eilat.
Posted: January 12, 2020, 2:35 pm
The Tamar gas field rights owner has postponed a NIS 140 million offering because of 'market conditions.'
Posted: January 12, 2020, 1:03 pm
The Ministry of Finance is unable to adjust spending priorities under transitional budget rules. It is also concerned that jobs growth is mainly in the public sector.
Posted: January 12, 2020, 12:20 pm
Minister of Finance Moshe Kahlon will thereby fulfill his commitment not to serve in a government with a prime minister who has been indicted on criminal charges.
Posted: January 12, 2020, 10:46 am
The €165 million water treatment project in Abidjan will be carried out by Fluence Water Israel.
Posted: January 12, 2020, 10:31 am
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