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News - Globes

Israel's Business Arena

Bombardier Transportation has begun the mid-life overhaul for Israel Railways fleet of 143 double-deck carriages.
Posted: January 17, 2021, 8:59 pm
The land covers 107.5 acres with rights to build logistics center and warehouses and industrial buildings.
Posted: January 17, 2021, 8:40 pm
In "The Real World Epidemiological Evidence Collaboration Agreement," Pfizer commits to provide Israel with vaccine to achieve herd immunity as soon as possible.
Posted: January 17, 2021, 6:24 pm
ARK's founder and CEO Katherine Wood is considered something of an investment guru and when she decides to buy a share other investors flock after her.
Posted: January 17, 2021, 4:41 pm
The Israeli digital insurance company completed a secondary offering last week.
Posted: January 17, 2021, 3:29 pm
The shekel has gained 2.5% against the dollar since the start of 2021.
Posted: January 17, 2021, 2:57 pm
Only Ireland and Norway fared better than Israel between the third quarter of 2020 and the third quarter of 2019.
Posted: January 17, 2021, 2:28 pm
A selection of recent real estate deals in Israel including in Jerusalem, Tel Aviv, Herzliya, Netanya, Rishon Lezion, Rehovot, Hadera and Harish.
Posted: January 17, 2021, 1:49 pm
The expansion of the company's B round was led by Hanaco Ventures and ELSTED Capital Partners.
Posted: January 17, 2021, 1:07 pm
Wholesale tourist agencies trying to book packages, which include Friday night/Saturday flights, have been told that the change of policy has come into effect.
Posted: January 17, 2021, 12:58 pm
The patent protected hydrogen peroxide based technology reportedly kills 99.9% of bacteria and viruses found in the home.
Posted: January 17, 2021, 10:20 am
Following the Bank of Israel's announcement that it would buy $30 billion in 2021, Friday's representative shekel-dollar rate was set 3.69% higher.
Posted: January 17, 2021, 10:20 am
The Consumer Price Index fell 0.7% in 2020, the Central Bureau of Statistics reports, while housing prices rose 3.2% over the past 12 months.
Posted: January 15, 2021, 2:52 pm
The Herzliya-based company raised nearly $1.9 billion at $27 per share, above the planned range of $22-24 per share.
Posted: January 15, 2021, 8:20 am
793 new homes were sold in Ashkelon in September-November 2020. In Hadera, the figure was just 154.
Posted: January 14, 2021, 5:54 pm
Israel's Ministry of Defense will deliver 17 radar systems produced by Israel Aerospace Industries to the Slovak Ministry of Defense.
Posted: January 14, 2021, 4:41 pm
The startup also launched its platform for sharing information about any codebase to make development processes smoother and faster.
Posted: January 14, 2021, 4:26 pm
The Bank of Israel says the announcement is to provide the market with certainty on its commitment to deal with the appreciation of the shekel.
Posted: January 14, 2021, 3:51 pm
The new embassy will be built on the former Allenby barracks and by expanding the consulate in Arnona.
Posted: January 14, 2021, 3:27 pm
The offshore Israeli field has reserves of 32 billion cubic meters (BCM) of gas and 34 million barrels of liquids and should come on stream in 2023.
Posted: January 14, 2021, 1:57 pm
The Israeli company's cloud-based technological solution converts PDF files into digital documents.
Posted: January 14, 2021, 1:30 pm
Operations will commence on the new route on February 12 with four weekly flights and from March 1, Wizz Air plans operating daily flights.
Posted: January 14, 2021, 1:00 pm
The company, which raised $657 million in the fourth quarter of 2020, has now priced a $332.5 million offering, raising speculation it is about to make a major acquisition.
Posted: January 14, 2021, 12:07 pm
Following the footsteps of S&P and Moody's, international credit rating agency Fitch has affirmed Israel's credit rating at A+, and retained its Stable rating.
Posted: January 14, 2021, 10:07 am
The Clalit Health Fund compared 200,000 Israelis over 60 who received the vaccine with 200,000 who did not.
Posted: January 14, 2021, 9:14 am
The Israeli defense electronics company will supply Seagull Unmanned Surface Vehicles to the navy of an Asia-Pacific country.
Posted: January 13, 2021, 8:39 pm
Although cuts, consolidation and streamlining will continue, the Teva CEO told the JP Morgan Healthcare Conference that the company will return to revenue growth this year.
Posted: January 13, 2021, 6:51 pm
The taxi-hailing app will use the new funds to roll-out its ground travel software platform for businesses worldwide.
Posted: January 13, 2021, 5:39 pm
Len Blavatnik and chairman Nadav Topolski, who currently have a 68% stake in Reshet through RGE Media, will remain the controlling shareholders.
Posted: January 13, 2021, 4:52 pm
Most of the 60 employees at McAfee's Tel Aviv offices will be laid off.
Posted: January 13, 2021, 4:22 pm
The Tel Aviv-based company's automated product security platform for device manufacturers and deployers performs a complete security assessment in minutes.
Posted: January 13, 2021, 4:20 pm
Businesses can accept and send payments without having to build their own infrastructure through the Rapyd Global Payments Network.
Posted: January 13, 2021, 3:44 pm
Canzon has signed an agreement to find Arkia a publicly traded company with no commitments and debt and NIS 10 million cash.
Posted: January 13, 2021, 3:38 pm
Pagaya co-founder Yahav Yulzari: We came through the coronavirus year with flying colors. The AI-based investment company plans to recruit 100 R&D workers in Israel.
Posted: January 13, 2021, 2:20 pm
Haifa mayor Einat Kalisch-Rotem: From Jerusalem they don't see Haifa.
Posted: January 13, 2021, 1:20 pm
The US casino magnate, philanthropist, political donor and strong supporter of Israel has died aged 87 from lymphoma.
Posted: January 12, 2021, 8:48 pm
The Israeli company could also be entitled to $1 billion in milestone payments plus royalties for its immunotherapy treatment.
Posted: January 12, 2021, 6:00 pm
Shareholders are taking advantage of the company's peak market cap of $10.371 billion to sell some of their shares.
Posted: January 12, 2021, 5:25 pm
The new fund will invest in post-Series A enterprise software and cybersecurity companies.
Posted: January 12, 2021, 4:05 pm
Beny Steinmetz denies paying $8.5 million in bribes to secure the concession for the world's largest iron ore mine.
Posted: January 12, 2021, 3:27 pm
The shekel is at its strongest against the dollar since September 1996 and its strongest in six months against the euro.
Posted: January 12, 2021, 1:43 pm
Excellence Nessuah: The shekel is on steroids, gaining sharply against all the world's leading currencies also because of Israel's swift vaccination drive.
Posted: January 12, 2021, 1:43 pm
Jonathan Kolber has reduced his stake in the Israeli freelance services platform from 12.7% to 8.5%.
Posted: January 12, 2021, 12:56 pm
Yaakov Kvint, who was appointed Israel Land Authority director in December, has frozen work on the plan for evacuating Haifa Bay's petrochemical plants.
Posted: January 12, 2021, 12:47 pm
Mobileye is intensifying its collaboration with Chinese car maker Geely, and developing its own lidar and radar chips for autonomous vehicles.
Posted: January 12, 2021, 10:36 am
The country's fiscal deficit has reached its widest since the 1980s because of the Covid-19 crisis.
Posted: January 12, 2021, 9:37 am
Altshuler Shaham has confirmed "Globes" exclusive report that it is considering buying rival investment house Psagot from Apax.
Posted: January 11, 2021, 5:02 pm
The Herzliya-based company has developed technology for regulatory reporting of capital market financing deals.
Posted: January 11, 2021, 3:39 pm
IAI has completed delivery of several hundred of its WindGuard radar systems for the US Army's Abram tanks.
Posted: January 11, 2021, 2:46 pm
Most of the offering was an offer for sale by Kedma Capital.
Posted: January 11, 2021, 1:33 pm
The Israeli national water company is confident of signing more deals with Bahrain and the UAE.
Posted: January 11, 2021, 1:19 pm
Prime Minister Benjamin Netanyahu and his fellow defendants will appear in the Jerusalem District Court on February 8.
Posted: January 11, 2021, 1:10 pm
The contract for the supply of shore-based training systems as part of the Royal Navy Future Naval Training Program.
Posted: January 11, 2021, 10:36 am
Prime Minister Benjamin Netanyahu said that 72% of over 60s have had their first jab and inoculations for 50-60 year olds will begin next week.
Posted: January 11, 2021, 9:28 am
The Israeli digital insurance company has risen 550% since its IPO last June.
Posted: January 10, 2021, 8:57 pm
The number of the city's residents seeking to rent a parking place near their home rose to a record 29,000 in August, Yad2 reports.
Posted: January 10, 2021, 5:20 pm
The company's FFRangio system, which is a non-invasive diagnostic technology that is used during routine angiography.
Posted: January 10, 2021, 4:39 pm
A selection of recent real estate deals in Israel including in Tel Aviv, Modi'in, Ramla, Netanya and Rosh Ha'ayin.
Posted: January 10, 2021, 12:41 pm
Attorney General Avichai Mandelblit has decided to drop the remaining accusations against Deri.
Posted: January 10, 2021, 12:03 pm
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