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Israel's Business Arena

Kare Schultz: I'm very sad about the good people around the world who will leave us; we're doing what has to be done to remain a competitive and strong company.
Posted: December 15, 2017, 2:04 pm
In a letter to Prime Minister Benjamin Netanyahu, Kare Schultz commits to keeping Teva Israeli.
Posted: December 15, 2017, 2:01 pm
The Israeli medical equipment company's financing round is at a company value of $460 million, before money.
Posted: December 14, 2017, 8:03 pm
CEO Kare Schultz: Teva will optimize its cost base while ensuring that we protect our revenues and preserve our core capabilities.
Posted: December 14, 2017, 7:36 pm
Mayor Nissim Malka: The layoffs are liable to make people leave the town.
Posted: December 14, 2017, 7:34 pm
Peterburg was chairman of the board of directors which approved Teva's $40 billion acquisition of Actavis.
Posted: December 14, 2017, 7:34 pm
US companies are paying triple the fees paid by Israeli companies for bond issues.
Posted: December 14, 2017, 7:33 pm
The pharmaceutical company will close down most of its production operations in Israel, sources inform "Globes."
Posted: December 14, 2017, 5:42 pm
Zionist Union leader Avi Gabbay: Corruption is a strategic threat to the stability of society;it directly harms every citizen.
Posted: December 14, 2017, 1:44 pm
Israel Postal Company will more than triple its space in Modi'in, in response to the rapid increase in goods that Israelis are ordering online.
Posted: December 14, 2017, 12:40 pm
The port's management is seeking an injunction ordering operations managers and workers back to work.
Posted: December 14, 2017, 11:44 am
The Ministry of Finance hopes for better use of the tunnels and less traffic congestion in metropolitan Haifa.
Posted: December 14, 2017, 10:59 am
Public transport, the airport, health fund clinics, banks and more will strike Sunday morning in solidarity with Teva's employees.
Posted: December 14, 2017, 6:56 am
The Israeli company signed an £800 million agreement with the Swedish Pandox chain to lease and manage 36 hotels in the UK and Ireland.
Posted: December 13, 2017, 7:24 pm
Only 19% of the company's workforce is in Israel.
Posted: December 13, 2017, 7:11 pm
1,895 new homes were sold in October, compared with 1,990 in September and 1,956 in October 2016.
Posted: December 13, 2017, 6:51 pm
The Israeli company, which has created a wallet app for digital, localized currencies, has been an active player in blockchain technology since 2014.
Posted: December 13, 2017, 6:23 pm
The UK low-cost carrier will begin flying from Israel to Lyon, Bordeaux and Nice next year.
Posted: December 13, 2017, 5:37 pm
The Israeli company has developed 3D sensors that can see through solid objects.
Posted: December 13, 2017, 5:18 pm
The Israeli company's events cloud empowers event marketers to manage, measure and grow professional events worldwide.
Posted: December 13, 2017, 3:59 pm
Minister of Transport: Shared-route taxis will be part of public transportation in Israel, including on the Sabbath.
Posted: December 13, 2017, 3:19 pm
The northern extension will include a new runway and cargo handling center.
Posted: December 13, 2017, 1:09 pm
Senior Noble Energy executives have met with Egypt’s Petroleum Minister Tarek Al-Mulla to discuss investments, "Egypt Independent" reports.
Posted: December 13, 2017, 12:16 pm
Through Ackman-Ziff, Rosario will offer financing services to Israeli real estate companies investing in the US.
Posted: December 13, 2017, 10:56 am
Upstream CEO: We’re using emerging technologies like AI and machine learning to carry out an evolutionary leap in cybersecurity for passenger and commercial vehicles.
Posted: December 13, 2017, 9:47 am
The company is preparing for an IPO next year, after recently raising money at a $160 million company value.
Posted: December 13, 2017, 8:29 am
IVC-Research says that the large amounts raised by the companies makes them ripe for a public offering.
Posted: December 12, 2017, 5:48 pm
Delivery of the drones will be over 18 months.
Posted: December 12, 2017, 3:27 pm
Ahead of the CRS agreement, the procedure enables Israelis to disclose unreported income without facing criminal proceedings.
Posted: December 12, 2017, 2:54 pm
The money raised will be used mostly for investments in startups in Israel and Japan.
Posted: December 12, 2017, 1:42 pm
Israeli banks are already strictly regulated no dramatic changes are expected.
Posted: December 12, 2017, 1:17 pm
Peer-to-peer lending platform companies repeated their complaints to the Knesset Reform Committee about the banks impeding their operations.
Posted: December 12, 2017, 12:47 pm
Following the acquisition of Shazam by Apple, Deezer also launched its song recognition feature, "Song Catcher", three months before planned.
Posted: December 12, 2017, 12:35 pm
The Israel Securities Authority chairman says he is considering banning the companies until a regulatory framework is approved for cryptocurrencies.
Posted: December 12, 2017, 12:33 pm
Investors include Harel Insurance, Swarth, GlenRock Capital, and Gandyr.
Posted: December 12, 2017, 11:34 am
Under the "grocers bill", local authority bylaws on Saturday opening for stores will require the interior minister's consent. 
Posted: December 12, 2017, 10:34 am
Besides leading the investment by Carr Properties Corporation's own shareholders, Alony Hetz is in talks with Clal Insurance on an investment of $300 million.
Posted: December 12, 2017, 9:52 am
Bashar Masri is bringing international companies to Rawabi to tell Palestinian entrepreneurs about the market needs and conditions.
Posted: December 11, 2017, 8:09 pm
914 housing units will be replaced by 2,600 homes and public facilities.
Posted: December 11, 2017, 8:03 pm
The buyers include Clal Insurance, the advanced training fund of the Teachers Union, and IDE president and CEO Avshalom Felber.
Posted: December 11, 2017, 7:51 pm
The Israeli company's customers include Amazon, Salesforce, and Google.
Posted: December 11, 2017, 7:07 pm
The company sold off its gaming activity in October.
Posted: December 11, 2017, 6:38 pm
The Tel Aviv company has developed GPS technology providing high-accuracy solutions for autonomous and connected vehicle applications.
Posted: December 11, 2017, 6:31 pm
The cuts affect electrical goods, electronics, lighting, textiles, personal care, toys, and video games.
Posted: December 11, 2017, 5:31 pm
"There has been no change in our policy with regard to consular practice or passport issuance at this time," said a senior US State Department official.
Posted: December 11, 2017, 5:19 pm
"Globes" has learned about Teva's streamlining plan, which includes 250 layoffs in the Migada Kiryat Shmona plant, which will be closed.
Posted: December 11, 2017, 5:06 pm
Energean and a consortium of Indian government energy companies were the only bidders for the latest round of offshore licenses.
Posted: December 11, 2017, 3:30 pm
The medical startup is seeking to raise money from Phoenix and IBI at NIS 15 a share.
Posted: December 11, 2017, 3:05 pm
The company awaits a response from the FDA to an application to approve its product for use in treating obsessive compulsive disorder.
Posted: December 11, 2017, 3:05 pm
Only nine of 140 government units in Tel Aviv had moved to Jerusalem as of July 2017.
Posted: December 11, 2017, 1:14 pm
Bank of Israel Research Department director Michel Strawczynski says cuts will make it harder to meet deficit targets in future years.
Posted: December 11, 2017, 11:27 am
Passenger traffic totaled 18.8 million in January-November, 16% more than in the corresponding period last year.
Posted: December 10, 2017, 9:21 pm
Following the bankruptcy of Air Berlin, EasyJet is introducing a daily flight between Tel Aviv and Berlin's Tegel airport.
Posted: December 10, 2017, 6:42 pm
The foreign exchange reserves rose in November even though the Bank of Israel purchased no foreign currency.
Posted: December 10, 2017, 6:19 pm
The company developed an energy-saving system for heating and cooling crop roots.
Posted: December 10, 2017, 5:25 pm
Dan Tahori has sold the 650-square meter house, which is located on a 1,000 square meter lot.
Posted: December 10, 2017, 4:38 pm
A selection of recent real estate deals in Israel including in Jerusalem, Ramat Gan, Givatayim, Modi'in, Lod, Kryat Motzkin and Karmiel.
Posted: December 10, 2017, 3:16 pm
Despite some fiery rhetoric, Palestinian demonstrations against Trump's declaration on Jerusalem have been nowhere near the scale of the two intifadas.
Posted: December 10, 2017, 12:57 pm
The planned cuts would save Teva $1.5-2 billion within two years, reports "Bloomberg."
Posted: December 10, 2017, 12:56 pm
Protest leader Eldad Yaniv: We want a new contract - no more politicians taking bribes; we'll keep coming every Saturday night.
Posted: December 10, 2017, 12:52 pm
Cell Design Labs was sponsored by Arie Belldegrun, founder of Kite Pharma, which Gilead acquired for $12 billion.
Posted: December 10, 2017, 12:08 pm
The share price of Roy Sebag's company has risen by over 3,000% since it announced its entry into the digital currency sector.
Posted: December 8, 2017, 4:10 pm
9 of the aircraft, known in Israel as the Adir, have been delivered, with 41 more to come.
Posted: December 7, 2017, 8:32 pm
Bezeq is planning to move its offices to the site in a sale and lease back deal.
Posted: December 7, 2017, 8:32 pm
The cut is less than the Electricity Authority projected in August.
Posted: December 7, 2017, 8:30 pm
The company expects to reignite growth, with Ethernet switches leading the way.
Posted: December 7, 2017, 8:10 pm
The bill requires approval for bank mergers from the Ministers of Finance and Economy and Industry.
Posted: December 7, 2017, 7:30 pm
Ayala Pharmaceuticals has bought a license from BMS to develop the treatment.
Posted: December 7, 2017, 5:59 pm
Horesh is buying the land back from Teva after selling it two and a half years ago.
Posted: December 7, 2017, 4:44 pm
Verint's revenue grew 8% to $281 million in the third quarter, and its profit also rose.
Posted: December 7, 2017, 4:39 pm
Tedea will post an $11 million capital gain on the sale of the company it acquired five years ago.
Posted: December 7, 2017, 3:17 pm
 RedHill Biopharma's expenses rose after it built a marketing network for two acquired products.
Posted: December 7, 2017, 1:23 pm
Israel Chemicals, Oil Refineries, and OPC will buy 39 BCM over 15 years.
Posted: December 7, 2017, 12:21 pm
The company's revenue from the activity being sold totaled $245 million in 2016.
Posted: December 7, 2017, 12:06 pm
The Czech Republic has announced that it "recognizes Jerusalem to be in fact the capital of Israel in the borders of the demarcation line from 1967."
Posted: December 7, 2017, 11:42 am
Prico CEO Yossi Fraiman sees the shekel strengthening against the dollar in 2018.
Posted: December 7, 2017, 9:36 am
If the US sells the land, construction on it will require a new building plan for rezoning.
Posted: December 6, 2017, 6:59 pm
The Israeli software company's revenue grew 12.6% to $43.8 million in the first three quarters of 2017.
Posted: December 6, 2017, 6:23 pm
Teddy Sagi has already installed SmartGreen's platform in Camden Market.
Posted: December 6, 2017, 6:19 pm
With operations in Israel, the UK, and US, Graduway is trusted by over 500 education institutions and non-profits.
Posted: December 6, 2017, 6:14 pm
The contract over a 13-year period includes a set up phase of three years and a ten-year operating period.
Posted: December 6, 2017, 5:44 pm
BofA Merrill Lynch also predicts growth of 3.2% in Israel in its Global Research Outlook for 2018.
Posted: December 6, 2017, 4:12 pm
Poverty has eased among the elderly and Arabs, reports the National Insurance Institute, but more accurate data about Bedouin has raised the number of poor.
Posted: December 6, 2017, 3:25 pm
The fund, targeted to reach $120-150 million, is backed by Scotiabank, The Travelers Companies and Bank Hapoalim.
Posted: December 6, 2017, 2:00 pm
Intel and Elron led the investment in the Tel Aviv based company, which will double its workforce from 20 to 40.
Posted: December 6, 2017, 2:00 pm
Neon Therapeutics is developing vaccine therapy for cancer victims.
Posted: December 6, 2017, 12:30 pm
However, a senior US official said that moving the embassy could take 3-4 years and the President would continue to sign the waiver.
Posted: December 6, 2017, 7:28 am
The Weizmann Institute has received NIS 8.5 billion in royalties over the past six years, "Globes" has found.
Posted: December 5, 2017, 9:10 pm
Jaguar Resources yesterday announced an agreement giving it the right to buy most of the group's bonds.
Posted: December 5, 2017, 7:02 pm
The new communications network provides calls, PTT, real-time video streaming, and other broadband apps.
Posted: December 5, 2017, 6:55 pm
Energy Ministers from Israel, Greece, Italy and Cyprus agreed to push ahead with the 2,100 kilometer pipeline linking Israel and Italy.
Posted: December 5, 2017, 3:39 pm
The Tel Aviv based company will open a US office in Atlanta in the first quarter of 2018.
Posted: December 5, 2017, 2:12 pm
The merger will give Cineworld over 9,000 screens across Europe and the US.
Posted: December 5, 2017, 1:59 pm
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