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Israel's Business Arena

Marine protection head Rani Amir was more circumspect saying he cannot rule out that it was an act of terror by the ship smuggling oil from Iran to Syria.
Posted: March 3, 2021, 9:35 pm
The Israeli digital insurance company declined to disclose any financial details about the deal but said that the acquisition will double revenue from $200 million annually to $400 million.
Posted: March 3, 2021, 6:09 pm
Boston Scientific plans leaving Lumenis' surgical activities in Israel and expanding the Yokneam offices into a world center for laser surgery.
Posted: March 3, 2021, 5:18 pm
Hot CEO Tal Granot-Goldstein says prices for packages will be published in 10 days.
Posted: March 3, 2021, 4:44 pm
The Tel Aviv-based company assists organizations that have long suffered data theft, privacy challenges and frequent attacks by fraudsters posing as real users.
Posted: March 3, 2021, 3:27 pm
The Tel Aviv-based company's mission is to empower every migrant to fulfill their financial potential for a better future, for themselves and their families.
Posted: March 3, 2021, 1:35 pm
Sebastian Kurz and Mette Frederiksen, who will visit Jerusalem on Thursday to discuss vaccination cooperation, feel they cannot rely exclusively on the EU.
Posted: March 3, 2021, 1:30 pm
Foretellix has developed a verification platform that coordinates and monitors millions of driving scenarios.
Posted: March 3, 2021, 12:23 pm
Two polls released yesterday show contrasting results; according to one,Netanyahu could form a coalition with Arab support.
Posted: March 3, 2021, 11:52 am
Freelancer platform Fiverr has seen its share rise to thirteen times the price in its 2019 IPO.
Posted: March 3, 2021, 10:36 am
Curv has developed a platform for managing cryptocurrencies in the cloud, which allows liquidity of assets while securing the digital currencies.
Posted: March 3, 2021, 6:27 am
Israel's airport will reopen on Sunday for a limited number of passengers, and the exemptions committee will be dissolved, subject to approval of the full cabinet.
Posted: March 2, 2021, 11:07 pm
The Israeli startup has developed a platform for securely managing cryptocurrencies in the cloud.
Posted: March 2, 2021, 5:44 pm
Israel's Committee for the Reduction of Concentration in the economy has added nine new companies to its list for 2021.
Posted: March 2, 2021, 4:59 pm
The acquisition will enhance the ability of the Israeli website construction tools company to help restaurant owners build an online presence.
Posted: March 2, 2021, 4:49 pm
Einat Peled Shapira is quitting only one year after succeeding Michael Luboschitz who held the post for two years.
Posted: March 2, 2021, 2:12 pm
Lemonade's market cap is $7.5 billion, representing a 324% return since the company's IPO eight months ago.
Posted: March 2, 2021, 1:35 pm
Israeli video platform company Kaltura's business has boomed during the coronavirus pandemic, but it has yet to turn a profit.
Posted: March 2, 2021, 12:41 pm
With the Leviathan field beginning operations, royalties were actually 40% below expectations.
Posted: March 2, 2021, 12:35 pm
Hindenburg Research has accused the Israeli geothermal energy company with "widespread and systematic acts of international corruption."
Posted: March 2, 2021, 12:30 pm
Ormat describes claims by Hindenburg Research as "inaccurate and filled with innuendo in an attempt to mislead investors."
Posted: March 2, 2021, 10:24 am
Israel's High Court of Justice has ruled that the state must recognize conversions performed in Israel by the Reform and Conservative movements for the Law of Return.
Posted: March 2, 2021, 10:22 am
Elbit Systems will supply Hermes 900 Unmanned Aircraft Systems and also provide maintenance and support services.
Posted: March 2, 2021, 9:34 am
The environmentally controversial 5,000 home neighborhood could be blocked by the failure of the Ora junction interchange to win approval.
Posted: March 1, 2021, 7:19 pm
Mohammed Al-Khajah met Foreign Minister Gabi Ashkenazi in Jerusalem and presented his diplomatic credentials to President Reuven Rivlin.
Posted: March 1, 2021, 5:34 pm
Between June and September, Royal Caribbean will offer three and seven night cruises from and back to Haifa via Cyprus and Greece.
Posted: March 1, 2021, 3:52 pm
Perrigo will now have no activities in Israel. The sale threatens 850 jobs in the Negev and the company might delist from the TASE.
Posted: March 1, 2021, 3:48 pm
After raising a record $10 billion in 2020, Israeli tech startups have already raised $2.5 billion in the first two months of 2021.
Posted: March 1, 2021, 3:33 pm
Axonius has raised $100 million in a D round led by New York-based Stripes at a valuation of over $1 billion.
Posted: March 1, 2021, 1:47 pm
Chief of Staff Aviv Kochavi has agreed that thousands of soldiers will join the effort to clear the pollution that has hit Israel's coastline.
Posted: March 1, 2021, 1:19 pm
The Internet service providers are putting spokes in the wheels, and may have a legal case.
Posted: March 1, 2021, 11:59 am
Medi-Tate, which develops minimally-invasive treatments for the lower urinary tract, will become the Japanese medical device company's Israel R&D center.
Posted: March 1, 2021, 11:46 am
Minister of Communications Benny Gantz: The reform will accelerate technological advancement in IoT, and in general.
Posted: March 1, 2021, 10:16 am
The maximum price of government price controlled 95 octane gasoline at self-service pumps in Israel will rise by NIS 0.27 to NIS 5.99 per liter on Sunday night, March 1.
Posted: March 1, 2021, 9:46 am
Last week's shekel depreciation was due to the fall in Wall Street share prices not Bank of Israel forex purchases, economists say.
Posted: March 1, 2021, 9:25 am
The cost of the procurement deal for more than 20 of the Lockheed Martin unit Sikorsky helicopters is likely to be over $2 billion.
Posted: February 28, 2021, 8:04 pm
Vaccination centers will be set up at crossing points into Israel with the first 50,000 workers receiving Moderna Covid-19 jabs.
Posted: February 28, 2021, 6:46 pm
The Israeli company's medication management platform has over seven million registered users globally.
Posted: February 28, 2021, 6:43 pm
The Israeli income producing real estate company will build 110 apartments for long term rental on the city center site.
Posted: February 28, 2021, 6:13 pm
The company, which plans expanding operations to the US and Europe, raised the money at a company valuation of NIS 382 million, post-money.
Posted: February 28, 2021, 5:42 pm
A selection of recent real estate deals in Israel including in Givatayim, Lod, Netanya, Modi'in, Rosh Ha'ayin, Hadera, Harish and Arad.
Posted: February 28, 2021, 5:18 pm
A consignment of 70 Tesla cars sailing for Ashdod is aboard the vehicles vessel carrier the Grand Mediterraneo.
Posted: February 28, 2021, 2:06 pm
The Tel Aviv-based company helps businesses shift to a remote work model.
Posted: February 28, 2021, 1:55 pm
The Israeli telecom company will invest billions of shekels in the project, which will greatly improve broadband internet speeds.
Posted: February 28, 2021, 1:49 pm
Another Israeli special purpose acquisition company (SPAC) has filed to raise money on Wall Street to target merging with an Israeli tech company.
Posted: February 28, 2021, 1:44 pm
In addition to helping McDonald's target customers with the right digital menus, the Israeli company works with over 300 retailers worldwide.
Posted: February 28, 2021, 1:16 pm
According to the Channel 12 poll, Benjamin Netanyahu will not be able to form a coalition even with Yamina. Blue & White edges up slightly.
Posted: February 28, 2021, 12:44 pm
The deal will generate cash flow of NIS 130 million for the Fattal group, which has reopened its hotels in Israel.
Posted: February 28, 2021, 12:42 pm
The offering was at a post-money valuation of NIS 1.8 billion.
Posted: February 28, 2021, 11:54 am
Tshuva and Gabay have sold US rental property company Star to Morgan Properties and Olayan America for $1.75 billion.
Posted: February 28, 2021, 11:08 am
The Israeli cybersecurity company has been interviewing bankers ahead of a public offering, "Bloomberg" reports.
Posted: February 27, 2021, 7:03 pm
Clalit Research Institute director Prof. Ran Balicer: The UK variant is not only more infectious, it is more dangerous.
Posted: February 26, 2021, 4:27 pm
Earnings per share were well ahead of the consensus analysts' estimate, but revenue disappointed.
Posted: February 25, 2021, 5:37 pm
A source close to the matter has told "Globes" that Bezeq will be offering ISPs two speeds - 1 Gigabit and 600 Mbps.
Posted: February 25, 2021, 3:36 pm
The shekel has been stable, trading in the NIS 3.25-3.30/$ range, since mid-January.
Posted: February 25, 2021, 2:29 pm
Dan Mobilitech has filed to raise NIS 36 million to invest in smart transport startups.
Posted: February 25, 2021, 12:51 pm
Through its storage processor, the company substantially accelerates the processing of data-intensive applications in data centers.
Posted: February 25, 2021, 11:14 am
One of his victims said, "When you take into account how he ruined peoples' lives, he got off lightly."
Posted: February 25, 2021, 11:12 am
The fact that last winter the Kinneret did not reach its current level until late February, also promises that the lake should reach its maximum level this year.
Posted: February 25, 2021, 10:46 am
Two families arriving at Ben Gurion airport from New York yesterday were found to have false exceptions committee permits.
Posted: February 25, 2021, 9:14 am
The US private equity firm is acquiring the genealogy platform for $600-700 million, sources estimate.
Posted: February 24, 2021, 9:41 pm
People who test negative for Covid on entering Israel will have an option of isolating at home with an electronic bracelet instead of in a hotel.
Posted: February 24, 2021, 9:29 pm
Car buyers can buy online in as little as 12 minutes, get real-time online financing options, and have seven days to decide whether they’d like to keep the car.
Posted: February 24, 2021, 6:34 pm
Geocartagraphia business development manager Itai Shafran said the mall was in an unattractive location.
Posted: February 24, 2021, 5:57 pm
Of the 1.96 million young adults aged 18-34 living in Israel in 2018, 978,000, exactly half, were living with their parents, sharply up from 2000, the Central Bureau of Statistics reports.
Posted: February 24, 2021, 3:14 pm
Fox will lease the seven Topshop stores in Israel and open its own brand stores.
Posted: February 24, 2021, 1:58 pm
Mizrahi Tefahot chief strategist Modi Shafrir: After negative inflation in Israel since 2013, rises in global commodity prices will push up prices.
Posted: February 24, 2021, 1:28 pm
The Phoenix Holdings is buying investment house Halman Aldubi for NIS 275 million, almost double its valuation when it went public in 2017.
Posted: February 24, 2021, 12:10 pm
The Israeli startup helps high-tech employees exercise equity options worth tens of thousands of dollars.
Posted: February 23, 2021, 7:48 pm
The Prime Minister's Office says Israel will hand surplus Covid-19 vaccines to the Palestinian Authority and other countries that have requested assistance.
Posted: February 23, 2021, 6:29 pm
The streamlining is a condition of the airline receiving $300 million in bank loans with an 82.5% state guarantee.
Posted: February 23, 2021, 5:45 pm
With hotels and the skies closed, Israelis have replaced foreign tourists in the short-term apartments rental market.
Posted: February 23, 2021, 4:23 pm
PerimeterX protected over $100 billion in e-commerce revenue in 2020 ands gained 50 major new customers.
Posted: February 23, 2021, 3:24 pm
The company has developed an AI-powered SaaS investment management and asset servicing enterprise platform.
Posted: February 23, 2021, 3:21 pm
The investment bank has raised its recommendation for the Israeli cybersecurity company to "Buy."
Posted: February 23, 2021, 1:45 pm
Rafael will sell its Trophy tank and armored vehicles protection systems to the German army for its Leopard 2 tanks.
Posted: February 23, 2021, 12:53 pm
FIMI Opportunity Funds, the largest shareholder in Gilat Satellite Networks, has reduced its holding to 26.8%.
Posted: February 23, 2021, 12:04 pm
Partner seeks an investor to take a 20% stake in its fiber-optic venture, with a view to a spin-off and flotation.
Posted: February 23, 2021, 11:11 am
Flights scheduled by Delta Airlines and United Airlines were cancelled, but the special flights are due to resume this week.
Posted: February 23, 2021, 11:10 am
Government transfers and an enforced consumption drought have swollen savings, and hence asset prices as well.
Posted: February 23, 2021, 10:56 am
So far, Clean Value Ventures has invested NIS 30 million in four companies. Solar energy tech company TIGI is also heading for an IPO.
Posted: February 23, 2021, 9:48 am
Only 200 people will be allowed to arrive at Ben Gurion airport on a daily basis until a solution is found.
Posted: February 22, 2021, 9:09 pm
The Israeli company's systems provide parents with immediate information and personalized data on their baby and toddler's health right to their phone.
Posted: February 22, 2021, 6:23 pm
The new technology will be implemented in IAI’s satellite, space, homing heads, defense, assault, and other systems.
Posted: February 22, 2021, 5:45 pm
The Bank of Israel has kept its growth forecast of 6.3% for the Israeli economy in 2021 but warns that unemployment will remain high.
Posted: February 22, 2021, 4:50 pm
Green Invoice provides freelancers as well as small and medium businesses with digital tools for management.
Posted: February 22, 2021, 3:20 pm
With purchase tax on hybrid cars set to revert to 83% in 2022, Israeli car importers are divided on what the effect will be.
Posted: February 22, 2021, 1:51 pm
The project will serve as part of the network for the much bigger pipeline to convey gas to Europe via Greece and Italy.
Posted: February 21, 2021, 9:49 pm
The TASE-traded company, which is developing laboratory cultured meat and proprietary 3D bio-printing technology, plans to raise $29 million.
Posted: February 21, 2021, 4:51 pm
The Israeli company's innovative AI combined with advanced analytics, allows its banking and insurance clients to present highly personalized offers.
Posted: February 21, 2021, 4:04 pm
A selection of recent real estate deals in Israel including in Herzliya, Ra'anana, Netanya, Or Yehuda, Even Yehuda and Yavne.
Posted: February 21, 2021, 3:27 pm
The website construction tools company is worth nearly $20 billion. Wix president Nir Zohar: It's only the tip of the iceberg.
Posted: February 21, 2021, 2:56 pm
Torii’s platform helps companies make accurate intelligence-driven decisions relating to software usage, spend and compliance.
Posted: February 21, 2021, 1:06 pm
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