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News - Globes

Israel's Business Arena

OceanTech will promote Israeli technologies relating to the seas and oceans.
Posted: April 22, 2021, 10:14 pm
The warning applies to all, including people who have been vaccinated or who have recovered from Covid -19.
Posted: April 22, 2021, 8:31 pm
The acquisition price for Hod Hasharon-based Cedato is estimated to be under $10 million.
Posted: April 22, 2021, 7:12 pm
Zohar's remarks follow Likud's defeat over the Knesset Arrangements Committee, as Benjamin Netanyahu's coalition talks stall.
Posted: April 22, 2021, 6:34 pm
The Deep Instinct platform can predict, prevent, and analyze cyberattacks at any point of the organization.
Posted: April 22, 2021, 5:04 pm
Founded by kibbutznik Dror Efrat, the financial markets website has over 250 employees, most of them in Tel Aviv.
Posted: April 22, 2021, 4:08 pm
The Israeli company provides P2P credit and loans and specializes in managing alternative investments through technology.
Posted: April 22, 2021, 3:26 pm
The amount of cash in the economy is one of the indicators of the extent of the black economy.
Posted: April 22, 2021, 1:51 pm
CYREBRO is the first technology-agnostic cloud-based security operations center (SOC) that is pioneering the SOC-as-a-Platform model.
Posted: April 22, 2021, 1:19 pm
The Ramat Aviv store will remain open for three months.
Posted: April 22, 2021, 1:16 pm
The Israeli personalized video as a service platform aims to raise $30-40 million at a company valuation of $150 million.
Posted: April 22, 2021, 11:54 am
The Odyssey of the Seas has redeployed from Italy to make 30 round-trip cruises this summer from Israel to Cyprus and Greece.
Posted: April 22, 2021, 10:20 am
Top Health Ministry officials have confirmed that Israel will not be using any AstraZeneca vaccines, even if it is unable to cancel the 10 million doses it ordered.
Posted: April 22, 2021, 7:33 am
The unemployment rate fell to 8.9% in the second half of March, the Central Bureau of Statistics reports.
Posted: April 22, 2021, 7:31 am
The pandemic has pushed companies to the RapidAPI platform to advance their digital initiatives and accelerate the delivery of their software and services to the market.
Posted: April 21, 2021, 6:34 pm
Outbrain says it presents 344 billion content recommendations per month on the Internet and reaches more than a billion unique users.
Posted: April 21, 2021, 6:13 pm
The insurtech R&D partnership has already invested in two companies: AI risk assessor Vesttoo and AI and machine vision property insurer GEOX.
Posted: April 21, 2021, 5:45 pm
The Tel Aviv-based company offers fast interception of content-based attacks as a service.
Posted: April 21, 2021, 3:24 pm
Intel unit Habana Labs is expanding into new offices in Tel Aviv and Caesarea, as the tech giants do battle to provide AI chips for data centers.
Posted: April 21, 2021, 3:17 pm
Nano Dimension will pay $70 million for DeepCube, which applies algorithms to improve data analysis and deployments of advanced deep learning-based AI systems.
Posted: April 21, 2021, 2:31 pm
Microsoft has lost out on the tender for the digital migration to the cloud of all the data of Israeli ministries, government authorities and the IDF.
Posted: April 21, 2021, 2:20 pm
Motorola Solutions seeks to continue as sole mobile telephony supplier to the IDF in a NIS 1.5 billion proposal.
Posted: April 21, 2021, 2:19 pm
British cabinet minister Michael Gove spoke about the idea of reciprocal tourism for vaccinated travelers during a meeting in Jerusalem with Israel's Minister of Health Yuli Edelstein.
Posted: April 21, 2021, 1:35 pm
In a joint venture with a Moroccan company, Mehadrin seeks to ride the global surge in demand for the nutritious, and profitable, fruit.
Posted: April 21, 2021, 1:15 pm
Arison is selling 25% of her remaining 15.76% stake in Bank Hapoalim at a 5% discount.
Posted: April 20, 2021, 8:59 pm
The Tel Aviv-based company has developed a technology that runs the Excel-based organizational processes in a transparent manner.
Posted: April 20, 2021, 7:20 pm
This order is part of a $249 million five-year Squad Binocular Night Vision Goggles Indefinite Delivery Indefinite Quantity (IDIQ) contract.
Posted: April 20, 2021, 5:45 pm
Spaces is a native mobile app for customers to engage and transact with businesses built on Wix.
Posted: April 20, 2021, 5:45 pm
Taboola's revenue in the first quarter of 2021 was in the range of $300 million to $303 million, beating the prior projection of $286 million.
Posted: April 20, 2021, 4:27 pm
The digital insurance company started out offering home insurance and has since added pet insurance and life insurance.
Posted: April 20, 2021, 4:08 pm
Vitania is buying half of a 14,000 square meter lot and has signed a joint agreement with Benny Landa to develop, build and operate the building.
Posted: April 20, 2021, 3:10 pm
Israel raised a record NIS 265 billion debt last year, to fund assistance programs for the Covid-19 crisis.
Posted: April 20, 2021, 2:32 pm
If launched, the center will be the first in Israel of one of the five global computing giants - Amazon, Google, Microsoft, Oracle, and IBM.
Posted: April 20, 2021, 2:29 pm
Bank of Israel: We will expand our $30 billion foreign exchange purchase program, if necessary, in accordance with economic conditions and development.
Posted: April 20, 2021, 2:25 pm
Israel's Ministry of Health estimates that two more vaccinations per person will be needed next year to boost the number of antibodies in each recipient.
Posted: April 20, 2021, 1:08 pm
Boosted by the Covid-19 crisis and repeated lockdowns, Terminal X had revenue of NIS 226 million in 2020, up 182% from 2019.
Posted: April 20, 2021, 12:48 pm
A selection of recent real estate deals in Israel including in Tel Aviv, Holon, Petah Tikva, Beersheva and Ma'alot.
Posted: April 20, 2021, 12:07 pm
Presight.AI will establish an R&D center in Israel focusing on the advancement of AI and big data technologies.
Posted: April 19, 2021, 5:36 pm
Israel Aerospace Industries CEO Boaz Levy said that there are already $7 billion in orders for the extended range interceptor.
Posted: April 19, 2021, 4:55 pm
The level of GDP in 2022 is expected to be only 1.4% lower than the level that had been expected prior to the crisis.
Posted: April 19, 2021, 4:25 pm
Israelis took an all-time quarterly record NIS 22.3 billion in mortgages in the first quarter of 2021, the Bank of Israel reports.
Posted: April 19, 2021, 3:12 pm
The Israeli aesthetic medicine company has filed a prospectus at a company valuation of $200 million.
Posted: April 19, 2021, 2:53 pm
The Israeli currency is moving to the lower end of the NIS 3.25-3.35/$ range, in which it has been trading for the past three months.
Posted: April 19, 2021, 2:49 pm
The company's cancer diagnostics service uses AI pattern recognition and whole-genome analysis to provide rapid and accurate detection of residual disease.
Posted: April 19, 2021, 2:48 pm
Four months after completion of the takeover by Rami Levy and Shlomo Haim, the airline has announced that it will no longer fly on the sabbath.
Posted: April 19, 2021, 2:17 pm
Bank Hapoalim chief economist Victor Bahar: Opening the skies will reduce the pressure strengthening the shekel.
Posted: April 19, 2021, 2:16 pm
Prof. Kandel will chair a new Policy and Research Institute that Start-Up Nation Central is forming.
Posted: April 19, 2021, 2:14 pm
The sale is part of the bankruptcy settlement with the Fishman family, which will keep half the proceeds.
Posted: April 19, 2021, 12:51 pm
The airline will operate three weekly flights this month and daily flights from May.
Posted: April 19, 2021, 11:36 am
HIVE 2040's investment committee features former chief of police Yohanan Danino and former Mossad chief Tamir Pardo.
Posted: April 19, 2021, 11:35 am
The Israeli company is providing the Chinese electric vehicle with an advanced autonomous driving package including sensors, chips and algorithms.
Posted: April 19, 2021, 9:53 am
Delek Group has moved to rival auditors Deloitte but stresses it is not because of any problems with EY's work.
Posted: April 18, 2021, 9:51 pm
Trustdome will become Zscale's Israel development center.
Posted: April 18, 2021, 8:37 pm
A selection of recent real estate deals in Israel including in Rehovot, Haifa, Ma'alot and Arad.
Posted: April 18, 2021, 4:32 pm
Vered will replace Omri Rothman who stepped down at the start of the month, as head of the Israeli agri-tech R&D partnership.
Posted: April 18, 2021, 3:28 pm
This figure was slightly worse than the previous estimate of a 2.4% contraction in Gross Domestic Product (GDP) last year.
Posted: April 18, 2021, 2:02 pm
Transactions numbers reached a peak in Haifa in the last quarter of 2020, leaving expensive Tel Aviv trailing.
Posted: April 18, 2021, 1:43 pm
"The rise in home prices will reach a high single-digit level in 2021."
Posted: April 18, 2021, 1:30 pm
In the $1.65 billion deal, Elbit Systems will set up an International Flight Training Center for the Hellenic Air Force.
Posted: April 18, 2021, 11:43 am
The Tel Aviv-based web traffic analytics company is seeking a valuation of between $1.5 billion and $2 billion.
Posted: April 16, 2021, 5:38 pm
The Consumer Price Index has risen 0.8% since the start of 2021, while housing prices have risen 4% over the past year.
Posted: April 14, 2021, 2:59 pm
The Hod Hasharon-based car connectivity chipmaker is in talks with PTK Acquisition to list on NYSE through a merger, "Bloomberg" reports.
Posted: April 14, 2021, 12:17 pm
The Israeli company has launched its fully automated SaaS security platform, which provides data access monitoring, orchestration, and remediation across major SaaS applications.
Posted: April 13, 2021, 5:58 pm
An independent data monitoring committee has reported encouraging data from the Phase III LUNAR trial.
Posted: April 13, 2021, 4:54 pm
In the first stage, only vaccinated visitors in tour groups will be admitted.
Posted: April 13, 2021, 4:41 pm
Bank Leumi head of market strategy Kobi Levi sees the shekel trading between NIS 3.25-3.35/$ throughout 2021, assuming the Bank of Israel continues its huge forex purchases.
Posted: April 13, 2021, 4:34 pm
The population has grown by 1.5% or 137,000 since last Independence Day, the Central Bureau of Statistics reports.
Posted: April 13, 2021, 3:07 pm
According to Dun & Bradstreet, imports of clothing and electrical goods are especially vulnerable to supply chain disruption.
Posted: April 13, 2021, 1:17 pm
The Sea Serpent delivers an agile, highly penetrative, combined anti-ship and land attack capability at ranges of more than 200 kilometers.
Posted: April 13, 2021, 1:01 pm
Financial terms were not disclosed. Approve provides cloud procurement solutions.
Posted: April 13, 2021, 10:49 am
Energy Minister Yuval Steinitz: Unilateral Lebanese measures will be answered with parallel measures by Israel.
Posted: April 12, 2021, 8:27 pm
The 20-room Assemblage Boutique Hotel near Mugrabi Square is in a converted historic building.
Posted: April 12, 2021, 6:34 pm
The Israeli company provides digital intelligence solutions to law enforcement agencies and governments.
Posted: April 12, 2021, 4:46 pm
Peleg replaces Shay Tangi, who heads all retail activity in the Sagi Group and will now serve as Layam chairman.
Posted: April 12, 2021, 4:42 pm
The FDA approved Hominis system is for use in single site, natural orifice laparoscopic-assisted transvaginal benign surgical procedures including benign hysterectomy.
Posted: April 12, 2021, 4:30 pm
Talks involved a $500 million investment - $250 million in Shikun & Binui itself and $250 million in Shikun & Binui Energy, a source has told "Globes."
Posted: April 12, 2021, 4:24 pm
Israel's fiscal deficit fell to 12.1% of GDP for the 12 months to the end of March 2021, the Ministry of Finance reports.
Posted: April 12, 2021, 3:44 pm
Former IDF Chief of Staff Gadi Eizenkot will serve as chairman of the Israeli energy storage company.
Posted: April 12, 2021, 3:08 pm
Vertical Field, controlled by Michael Mirilashvili, will be merged into an acquisition vehicle at a $100 million valuation.
Posted: April 12, 2021, 1:33 pm
Investment in Israeli technology startups hit record levels in the first quarter of 2021, but underlying conditions have changed, IVC says.
Posted: April 12, 2021, 1:31 pm
The contract for the supply of advanced satellite systems is worth $700,000.
Posted: April 12, 2021, 10:14 am
AWS has already chosen the key personnel to lead the collaboration with the Hebrew University of Jerusalem.
Posted: April 11, 2021, 6:54 pm
H&M Group's & Other Stories will open outlets in Tel Aviv and Jerusalem in the fall.
Posted: April 11, 2021, 5:30 pm
The connected vehicles technology company is in advanced talks to list on Nasdaq, sources in Israel's auto-tech market have told "Globes."
Posted: April 11, 2021, 5:12 pm
The aggregate cost of the 100 highest paid executives at TASE companies rose 16% in 2020. Only two women make the list.
Posted: April 11, 2021, 2:15 pm
Fox has signed an agreement with the Danish chain's owner Zebra for the exclusive franchise to operate the Flying Tiger stores and website in Israel.
Posted: April 11, 2021, 1:27 pm
The international chain's first Israeli hotel will be in three towers at the northern corner of Eilat Street.
Posted: April 11, 2021, 12:03 pm
Israeli company Talon Cyber Security is developing security solutions designed for hybrid working.
Posted: April 11, 2021, 11:58 am
Israel Canada won a tender for 33 dunams of the Beit Hana'ara site in the west of Hod Hasharon with a bid of NIS 511 million.
Posted: April 8, 2021, 8:59 pm
New government company System Management, charged with planning the industry's future, has published a call for proposals.
Posted: April 8, 2021, 7:21 pm
TipRanks provides a simplified stock research platform that makes alternative datasets accessible and visual for retail investors.
Posted: April 8, 2021, 3:41 pm
Office and commercial rents further afield have been less hurt by the crisis because there is lower supply.
Posted: April 8, 2021, 1:58 pm
The company's lead product EpiCheck is for the earlier detection of lung cancer.
Posted: April 7, 2021, 6:06 pm

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