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News - Globes

Israel's Business Arena

Israeli team management software provider Monday.com has filed confidentially with the US SEC, "Bloomberg" reports.
Posted: May 7, 2021, 3:29 pm
Simplex provides a secure infrastructure for clearing cryptocurrency transactions and simplifies buying and selling.
Posted: May 7, 2021, 10:45 am
"Globes" correspondent Ofir Dor recounts the triumphs and tribulations of his first shopping expedition using Apple Pay.
Posted: May 6, 2021, 4:49 pm
All Israelis, even if they are not vaccinated, will be allowed into European Union countries for any purpose, without needing to go into isolation.
Posted: May 6, 2021, 4:47 pm
Foreign Minister Gabi Ashkenazi and Economy Minister Amir Peretz will fly out to Seoul on Sunday to sign the free trade agreement.
Posted: May 6, 2021, 4:17 pm
The Bank of Israel has already bought $19 billion in foreign currency in 2021 - nearly two thirds of the $30 billion it said it would buy in all of 2021.
Posted: May 6, 2021, 4:01 pm
Rivlin: Due to the movement of recommendations to Yair Lapid, he has the best chance of forming a government, which could win a Knesset vote of confidence.
Posted: May 6, 2021, 1:57 pm
The Israeli freelance platform developer is raising guidance for 2021 from 46-50% to 59-63% revenue growth.
Posted: May 6, 2021, 1:18 pm
Average potash realized price per ton of $257, 3% higher year-over-year, indicating recent price increases will have additional impact going forward.
Posted: May 6, 2021, 10:51 am
The Wix Accessibility Wizard scans Wix users' sites and provides instructions to help improve site accessibility.
Posted: May 5, 2021, 7:09 pm
Wix says that the acquisition will extend the Wix eCommerce platform, providing a full solution for merchants to manage customer re-engagement activities.
Posted: May 5, 2021, 7:09 pm
The Israeli video cloud management company has refiled its prospectus after postponing its IPO at the end of March.
Posted: May 5, 2021, 6:17 pm
The Tel Aviv-based company develops intelligent solutions to help farmers grow crops more efficiently.
Posted: May 5, 2021, 5:14 pm
The funding being raised by the incubator will enable it to act as a mini venture capital fund, while it continues to receive benefits from the Israel Innovation Authority.
Posted: May 5, 2021, 4:01 pm
Cymulate has developed a platform to validate an organization's cyber posture continuously and on-demand.
Posted: May 5, 2021, 3:51 pm
Vim has developed a platform for transferring medical data between medical organizations and works mainly in the US market.
Posted: May 5, 2021, 3:29 pm
The Israeli web behavior and traffic analytics company's founder and CEO Or Offer will sell shares worth $10 million.
Posted: May 5, 2021, 2:55 pm
Electra Afikim has bought the Egged-Ta'avura bus company for NIS 200 million.
Posted: May 5, 2021, 2:44 pm
US Secretary of the Treasury Janet Yellen caused a stir by saying the interest rates may have to rise to prevent 'overheating' of the economy.
Posted: May 5, 2021, 2:34 pm
The Central District Committee for Planning and Building has approved for objections the construction of the Hahatzavim neighborhood in East Rishon Lezion.
Posted: May 5, 2021, 2:03 pm
The INH Oz corvette is the second of four vessels being built in Kiel by ThyssenKrupp and German Naval Yards.
Posted: May 5, 2021, 1:39 pm
Electra Consumer Products and The Phoenix will together own 50.05% of supermarket chain Yeinot Bitan.
Posted: May 5, 2021, 11:32 am
Harel will pay NIS 100 million for Shirbit, which was seriously hit by a cyber attack last year.
Posted: May 5, 2021, 10:56 am
Palo Alto Networks founder Nir Zuk is teaming with former ISA chairman Shmuel Hauser to found the country's second digital bank.
Posted: May 5, 2021, 10:56 am
The US asset management giant has bought most of the stake sold by Shari Arison last month.
Posted: May 5, 2021, 10:55 am
"Bloomberg" reports that Leumi is working with a financial adviser to find buyers for Bank Leumi USA.
Posted: May 5, 2021, 10:54 am
With El Al competing against Delta, United and American Airlines this summer, there will be 10 daily flights alone between Tel Aviv and New York.
Posted: May 5, 2021, 10:52 am
President Reuven Rivlin will hold further consultations with party leaders today after Benjamin Netanyahu's failure to form a new government.
Posted: May 5, 2021, 9:23 am
White-Hat, which has been involved in managing some of the most high profile cybersecurity crises in Israel, has 65 employees in Tel Aviv.
Posted: May 4, 2021, 6:13 pm
The new financing round gives the Israeli company a valuation of $1.1 billion.
Posted: May 4, 2021, 5:28 pm
The Israeli global payment and commerce-enabling platform is set to start trading on Nasdaq through a SPAC merger at a valuation of $3.3 billion.
Posted: May 4, 2021, 4:07 pm
The Israeli e-commerce company has developed a platform that allows communication with buyers in 25 languages and purchases in more than 100 currencies while calculating local sales taxes.
Posted: May 4, 2021, 3:47 pm
Electric vehicle manufacturer Tesla is gearing up to deliver cars to the fleets of Israeli businesses in the third quarter of 2021.
Posted: May 4, 2021, 3:47 pm
The average monthly salary in high-tech has risen 12.6% to NIS 28,837, the Central Bureau of Statistics reports.
Posted: May 4, 2021, 3:28 pm
The universal data storage solutions company has tripled its value since raising $100 million in April 2020.
Posted: May 4, 2021, 2:47 pm
Delek Drilling CEO Yossi Abu: The structural change reflects the fact that we are a global energy company.
Posted: May 4, 2021, 12:23 pm
CFO Ronen Faier: We're working closely with our sub-contractors to deal with the components shortage.
Posted: May 4, 2021, 12:05 pm
On a 24-hour visit to Israel, Pat Gelsinger revealed details about a $10 billion new plant and $600 million in investments in R&D for Intel and Mobileye.
Posted: May 3, 2021, 10:04 pm
The Israeli partners prefer joint development with Aphrodite partners Chevron, Shell and Delek, rather than a one-time compensation payment.
Posted: May 3, 2021, 10:03 pm
The delegations will meet at the UNIFIL base in Nakura, on Lebanese territory by the border, in the presence of US mediator John Droescher.
Posted: May 3, 2021, 9:04 pm
The Ministry of Health has yet to decide who will replace the testing services of Omega, which halts activities at the airport on May 22. Prices will triple.
Posted: May 3, 2021, 6:07 pm
Minister of Finance Israel Katz is forming a new plan as the unpaid leave payments are due to be cut next month.
Posted: May 3, 2021, 3:56 pm
The Israeli satellite networks company has signed deal with an Asian Pacific government corporation worth tens of millions of dollars.
Posted: May 3, 2021, 3:17 pm
Ashdod Port CEO Shiko Zana told the "Globes" Real Estate Conference that 60 ships are waiting for a berth in Ashdod and Haifa Ports.
Posted: May 3, 2021, 2:32 pm
Intel CEO Pat Gelsinger met Prime Minister Benjamin Netanyahu yesterday evening in the prime minister's bureau in Jerusalem.
Posted: May 3, 2021, 2:21 pm
State Comptroller Matanyahu Englman said the inquiry would include the personal responsibility of senior police officers and of members of government.
Posted: May 3, 2021, 1:56 pm
Pulsenmore was founded by Dr. Elazar Sonnenschein, who is its main shareholder.
Posted: May 3, 2021, 1:08 pm
Panaxia Israel is selling its pharmacy, one of Israel's largest for cannabis products, to IMC for NIS 20 million.
Posted: May 3, 2021, 11:29 am
The Lag Ba'Omer festivities at Meron ended in disaster, with over 150 people injured besides the fatalities.
Posted: May 2, 2021, 5:24 pm
Hopes that the dam at Deganya would be opened for the first time since 1992 have again been dashed.
Posted: May 2, 2021, 5:16 pm
State Comptroller Office deputy director general: The main problem is that no single organization is responsible for the site.
Posted: May 2, 2021, 5:05 pm
A selection of recent real estate deals in Israel including in Tel Aviv, Rehovot, Lod, Kfar Saba, Harish and Beersheva.
Posted: May 2, 2021, 2:12 pm
Israeli tech companies have raised $7.6 billion in the first four months of 2021.
Posted: May 2, 2021, 8:21 am
Sure-Tech plans to invest between $1 million and $4 million in quality insurtech and fintech companies
Posted: May 2, 2021, 8:19 am
The FDA has asked for additional data, probably relating to the production process of the treatment.
Posted: May 2, 2021, 8:12 am
Fintech company Nayax has adopted the model of a flotation in Tel Aviv while benefiting from a global investor base.
Posted: April 29, 2021, 7:12 pm
Lebanon's President Michel Aoun has reportedly agreed to allow negotiations to resume over the disputed water, with US mediation.
Posted: April 29, 2021, 4:21 pm
Realtors report that the money flowing into the technology industry is finding its way to the real estate market.
Posted: April 29, 2021, 3:19 pm
The maximum price of government price controlled 95 octane gasoline at self-service pumps in Israel will rise by NIS 0.02 to NIS 6.06 per liter on Saturday night, May 2.
Posted: April 29, 2021, 1:17 pm
According to the survey by the MDLI community, pay is highest at the tech giants' development centers in the Tel Aviv area and Haifa.
Posted: April 29, 2021, 12:31 pm
Azur is paying NIS 100 million for Delek Drilling's 22.6% stake in Tamar offshore gas field partner Tamar Petroleum.
Posted: April 29, 2021, 10:46 am
The Israeli company has developed a deskless workforce management app providing an all-in-one experience for communication, engagement operations and training.
Posted: April 29, 2021, 10:02 am
Intel development center head Karin Eibschitz Segal believes the chronic shortage in tech professionals in Israel can be overcome.
Posted: April 29, 2021, 9:38 am
Intel CEO Patrick Gelsinger will visit Israel next week to officially announce the investment of $200 million in building the new development center.
Posted: April 28, 2021, 6:56 pm
The sale was in an off-floor transaction for NIS 100 million.
Posted: April 28, 2021, 6:28 pm
Using the company’s electric motors and controllers, electric vehicle manufacturers can eliminate the industry’s tradeoff between cost and performance.
Posted: April 28, 2021, 5:58 pm
The company offers secrets management, zero-trust access (PAM 2.0) and data protection (encryption, signing and KMS).
Posted: April 28, 2021, 4:38 pm
Unic-Tech is a collaboration between Together Investments and The Elephant secondary market platform.
Posted: April 28, 2021, 3:44 pm
TripleW has developed an industrial process for producing lactic acid from food waste.
Posted: April 28, 2021, 3:29 pm
The Israeli company has developed a digital construction management platform for energy, telecom, and water industries managing infrastructure capital projects from planning to revenue.
Posted: April 28, 2021, 3:06 pm
The Israeli pharmaceutical company has reaffirmed its 2021 guidance and said that debt has been reduced to $23.2 billion.
Posted: April 28, 2021, 2:53 pm
Benny Gantz is set to become Minister of Justice, after the High Court froze the appointment of Netanyahu's Likud colleague Ofir Akunis.
Posted: April 28, 2021, 1:20 pm
Earlier today, Attorney General Avichai Mandelblit had said the cabinet vote appointing Netanyahu's Likud colleague as Justice Minister was illegal.
Posted: April 27, 2021, 10:50 pm
ZenGo plans to use the funds to expand its financial services, including a VISA payment card, and a wider set of choices for on-ramp, off-ramp, trade and savings options.
Posted: April 27, 2021, 6:43 pm
Frenkel is the second largest shareholder after Property & Building in the income-producing property company.
Posted: April 27, 2021, 6:33 pm
Since launching in November 2019, Placer.ai has been adopted by over 500 customers including industry leaders in commercial real estate and retail.
Posted: April 27, 2021, 4:56 pm
The Israeli company has developed a platform that automates and streamlines all complex operational needs accompanying short-term rental management.
Posted: April 27, 2021, 3:38 pm
Accelmed invested in US epilepsy treatment co NeuroPace last year at a valuation of under $100 million. The IPO valuation was $500 million.
Posted: April 27, 2021, 3:29 pm
Materials Zone has created an online materials discovery platform that funnels R&D and manufacturing data into an interoperable and structured database.
Posted: April 27, 2021, 2:59 pm
The Jerusalem District Planning and Building Committee has approved for deposit a major development plan for the Tel Beit Shemesh district.
Posted: April 27, 2021, 2:30 pm
The inter-ministerial committee calls for evacuating polluting industries from Haifa Bay and attracting clean enterprises and jobs.
Posted: April 27, 2021, 2:02 pm
The ranking was introduced in November 2020 to monitor how world economies are coping with the Covid-19 pandemic.
Posted: April 27, 2021, 1:29 pm
For the first time iPhone owners will be able to pay in Israel using a digital wallet.
Posted: April 27, 2021, 1:12 pm
The M3 line extends over 40 kilometers from Herzliya via Tel Aviv to Bat Yam with a branch line to Ben Gurion airport.
Posted: April 26, 2021, 9:05 pm
After launching products to secure remote working from any location, Check Point CEO Gil Shwed says the company is expanding its work force.
Posted: April 26, 2021, 6:49 pm
The Ministry of Communications is not expected to oppose the merger.
Posted: April 26, 2021, 4:50 pm
The fintech company has signed the first lease for the Tel Aviv Azrieli Center's new 91-floor spiral tower.
Posted: April 26, 2021, 3:24 pm
More and more Israeli companies are encouraging employees to choose electric vehicles.
Posted: April 26, 2021, 2:31 pm
Delek Drilling has signed an MOU for the sale of its 22% holding in the Tamar gas reservoir to Mubadala Petroleum, owned by the Abu Dhabi government.
Posted: April 26, 2021, 1:35 pm
Check Point CEO Gil Shwed: The cyber threat landscape requires a holistic security architecture to prevent the next cyber pandemic.
Posted: April 26, 2021, 12:47 pm
A direct prime ministerial election, restoring Bennett and Sa'ar to Likud, and offers of a temporary premiership - Benjamin Netanyahu is trying everything.
Posted: April 26, 2021, 11:08 am
With the support of his 'change' bloc partners, Liberman plans raising pensions and cutting child allowances from the fifth child onwards.
Posted: April 25, 2021, 9:37 pm
Yifat Oron is stepping down as LeumiTech CEO in order to manage Blackstone's new Tel Aviv office.
Posted: April 25, 2021, 5:24 pm

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