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News - Globes

Israel's Business Arena

The 11.25-acre Summayl district is located on Givat Kurkar on the corner of Arlosorov Street and Ibn Gvirol Street.
Posted: January 27, 2020, 6:45 pm
The Israel Land Authority and the Accountant General Department are at loggerheads over the site near Dimona.
Posted: January 27, 2020, 6:19 pm
Bitan has been holding talks on investment with Adi Zim's SR Accord, while former Paz CEO Yona Fogel is also in the picture.
Posted: January 27, 2020, 6:15 pm
Victory is paying NIS 35 million for the supermarkets in the Azrieli Malha mall in Jerusalem and the Ayalon mall in Ramat Gan.
Posted: January 27, 2020, 6:10 pm
The demand for drone protection solutions has grown rapidly following the incident when London's Gatwick Airport was forced to shut-down in December 2018.
Posted: January 27, 2020, 4:57 pm
Psagot analyst Noam Pinko finds that even on reduced demand assumptions, Isramco, Ratio and Delek Drilling are substantially undervalued.
Posted: January 27, 2020, 4:57 pm
The Turkish airline is launching new routes from Tel Aviv to cities in Germany, Italy, Greece and Bulgaria.
Posted: January 27, 2020, 3:31 pm
Air India will operate six weekly flights instead of the three weekly flights it began with two years ago.
Posted: January 27, 2020, 3:30 pm
The decision to close JWT, an advertising pioneer in Israel which has declined from its 1990s peak, was taken by WPP.
Posted: January 27, 2020, 2:59 pm
The Herzliya-based company's data science platform helps data scientists create real-time AI applications while working within the familiar machine learning stack.
Posted: January 27, 2020, 2:02 pm
A Bank of Israel survey finds that only 15% of micro and small businesses are satisfied with the tools their banks provide for growth and progress.
Posted: January 27, 2020, 1:57 pm
The price for malls company Ispro, part of Eduardo Elsztain's IDB Development-Discount Investment group, is NIS 855 million.
Posted: January 27, 2020, 12:51 pm
The two companies have signed the deal with the seller, Property and Building.
Posted: January 27, 2020, 12:50 pm
Income-producing real estate firms want to diversify their business, spread risk, and profit from the flood of tourists coming to the country.
Posted: January 27, 2020, 9:12 am
The company won an Israel Land Authority auction for a plot in Bnei Brak's Lehi Street, six months after buying the adjacent plot with a partner.
Posted: January 26, 2020, 10:13 pm
The new bank has already recruited most of its executive staff.
Posted: January 26, 2020, 10:08 pm
IBC aims to speed up its fiber optic deployment and promote sales of its Internet services.
Posted: January 26, 2020, 9:54 pm
The acquisition of shares in the Tel Aviv-based mobile games company is at a company valuation of $1.25 billion.
Posted: January 26, 2020, 5:18 pm
The Israeli company's workforce management platform is designed for companies that rely on gig-hired, hourly paid staff at the core of their operation.
Posted: January 26, 2020, 5:11 pm
Foreign tourists account for almost as many hotel overnights in Israel as Israelis, more of whom are vacationing abroad.
Posted: January 26, 2020, 3:06 pm
GES deals in water and sewage treatment and purification and water desalination.
Posted: January 26, 2020, 1:26 pm
The Kinneret has risen 1 meter since the start of January and is only 1.75 meters short of its maximum level.
Posted: January 26, 2020, 1:14 pm
Blue & White leader Benny Gantz will meet US President Donald Trump separately from Prime Minister Benjamin Netanyahu to be briefed on the president's "Deal of the Century" for the Middle East.
Posted: January 26, 2020, 1:14 pm
Streetfighter 2 will include IronVision, a 360° panoramic situational awareness system that lets tank crews ‘see-through’ their vehicle's armor in real time.
Posted: January 26, 2020, 1:12 pm
Real estate appraiser Gil Maayan: Parking contributes to the already high costs of owning a car.
Posted: January 26, 2020, 1:09 pm
Mizrahi Tefahot Bank Chief strategist Modi Shafrir provides a bullish forecast for the Israeli economy in 2020.
Posted: January 26, 2020, 12:58 pm
A selection of recent real estate deals in Israel including in Tel Aviv, Haifa, Karmiel, Kfar Vradim and Kiryat Gat.
Posted: January 26, 2020, 12:11 pm
Prime Minister Benjamin Netanyahu and Blue & White leader Benny Gantz will both visit the White House to discuss the US plan for Israel and the Palestinians.
Posted: January 24, 2020, 9:50 am
Transportation app company Gett has announced that it has become reached "operationally profitable", but the figures need to be scrutinized closely.
Posted: January 24, 2020, 12:20 am
Ramot Ha'ir has obtained an option to purchase the site.
Posted: January 23, 2020, 6:18 pm
The Israeli-Chinese pesticides company attributed its profit decline to production at less than full capacity in 2019.
Posted: January 23, 2020, 5:51 pm
Inrom is buying Pazkar, which manufactures and markets insulation and waterproofing products for the construction and infrastructure sectors.
Posted: January 23, 2020, 4:22 pm
The company's product cuts radiation exposure for medical teams. The round was led by InnovaHealth Partners, which is increasing its exposure to Israel following a successful exit with OrthoSpace.
Posted: January 23, 2020, 3:43 pm
Tourists visited Israel in record numbers last year, but Israel is still having trouble competing with Jordan, Egypt, Lebanon, and Cyprus.
Posted: January 23, 2020, 3:18 pm
The Ministry of Transport is considering adding carpool lanes to Road 4 and the Jerusalem – Tel Aviv highway.
Posted: January 23, 2020, 12:28 pm
Bank Leumi, the first Israeli bank to issue CoCo bonds in Israel, is now also the first bank to issue them overseas.
Posted: January 23, 2020, 11:45 am
Through this acquisition, Kaltura is expanding its presence in the video conferencing and meeting solutions markets.
Posted: January 23, 2020, 11:36 am
Market traders have told "Globes" that the Bank of Israel is purchasing significant amounts of foreign currency.
Posted: January 23, 2020, 10:52 am
Transparency International said that this year's index was characterized by stagnation and backsliding in anti-corruption efforts.
Posted: January 23, 2020, 9:16 am
The Israeli company's solution empowers professionals to improve decision making, reduce risk and identify opportunities with accurate, reliable location data.
Posted: January 22, 2020, 9:39 pm
The Georgian company has been involved in litigation against the former Tel Aviv Mayor for two and a half years.
Posted: January 22, 2020, 9:13 pm
Posted: January 22, 2020, 9:00 pm
Loom Systems has developed an AIOps solution for predicting and solving IT problems.
Posted: January 22, 2020, 6:07 pm
The consortium will plan, construct, and operate the new supply center for 26 years.
Posted: January 22, 2020, 5:29 pm
Only Tel Aviv has been levying fines against car drivers who travel in bus lanes.
Posted: January 22, 2020, 4:30 pm
The Israeli company and Boeing will explore development of ducted fan propulsion technology with potential uses for piloted and autonomous light aircraft.
Posted: January 22, 2020, 3:14 pm
The Israeli startup lets users regain control of their data and delete sensitive information on company websites.
Posted: January 22, 2020, 2:08 pm
Vicarius is the first cybersecurity platform globally to empower companies with proactive attack mitigation strategies for software vulnerabilities in real-time.
Posted: January 22, 2020, 2:02 pm
The area will include the university, and the hospital with Ben Gurion Boulevard becoming the Rothschild Boulevard of Beersheva.
Posted: January 22, 2020, 1:29 pm
The Microsoft Azure data center will be the first set up in Israel by a tech giant and will provide cloud services in Israel from 2021.
Posted: January 22, 2020, 1:12 pm
In a rare interview, the Israeli billionaire tells Bizportal about his business philosophy, potential future investments and his six children.
Posted: January 22, 2020, 9:35 am
With holdings in Israeli unicorns JFrog, Sisense, Lightricks and WalkMe and the recent acquisition of control in Armis at a $1.1 billion valuation, Insight has emerged as the king of Israeli tech.
Posted: January 21, 2020, 8:15 pm
The new chain will compete with Mega Sport, Decathlon and other sports fashion players in Israel.
Posted: January 21, 2020, 8:08 pm
FIMI is increasing its stake in the Israel plasma-derived protein therapeutics company from 9% to 21%.
Posted: January 21, 2020, 5:41 pm
The Hydrop system high-altitude high-precision aerial firefighting system was demonstrated successfully in Israel.
Posted: January 21, 2020, 4:59 pm
Snyk delivers developer-first security to organizations, empowering development teams to own, automate and deliver secure applications.
Posted: January 21, 2020, 4:36 pm
The company has developed a genetic malware analysis platform.
Posted: January 21, 2020, 4:01 pm
The Israeli SaaS mobile marketing analytics company has development offices in Haifa and Herzliya.
Posted: January 21, 2020, 3:51 pm
The Supreme Court ruled that sharing as well as writing a post is subject to the libel laws.
Posted: January 21, 2020, 2:48 pm
Robert Priscu says that apps are no longer developed as a product for an app store but rather as support interfaces for a product or service.
Posted: January 21, 2020, 1:49 pm
Arkia is in talks with its employees on a streamlining plan.
Posted: January 21, 2020, 1:13 pm
"They offered me positions in the Jewish National Fund, in the Zionist Federation, in the Israel Bar Association, even an ambassadorship."
Posted: January 21, 2020, 11:30 am
Apax is planning on splitting Psagot's provident funds from the mutual funds and portfolio management.
Posted: January 20, 2020, 9:03 pm
The "Innovation Valley" plan provides for 100,000 new homes, five marinas, Venice-style streams and canals, and moving the oil refineries out of the region.
Posted: January 20, 2020, 7:13 pm
Israel Competition Authority head Michal Halperin dropped her investigation of McDonald's after the exclusivity agreements were canceled.
Posted: January 20, 2020, 4:47 pm
NIS 2 million has been spent even though not a single person has been hired yet to work at the fund, which won't start operating until at least 2021.
Posted: January 20, 2020, 4:42 pm
The IDF will use the money to procure missiles to combat the threat to Israel's home front.
Posted: January 20, 2020, 2:46 pm
The floods earlier this month have made discussions about redirecting Tel Aviv's Ayalon river more urgent.
Posted: January 20, 2020, 2:34 pm
Israel was ranked sixth in this year's index, down from fifth last year.
Posted: January 20, 2020, 1:09 pm
The two banks issued economic reviews in the past few days describing Israeli real estate as a growth sector.
Posted: January 20, 2020, 12:03 pm
The newly appointed CEO would reportedly prefer to merge with Hot but Golan Telecom and even Partner could also be options.
Posted: January 20, 2020, 11:19 am
Sharon Shalom headed the Ministry of Defense's office when Avigdor Liberman was minister of defense, and retained his position after Liberman resigned.
Posted: January 19, 2020, 8:35 pm
The Israel Tax Authority has raised the tax exemption threshold for purchase of a first home has been raised from NIS 1,696,750 to NIS 1,744,505.
Posted: January 19, 2020, 5:09 pm
The DavidShield-PassportCard group is jointly controlled by founder Alon Ketzef and US insurance company White Mountains.
Posted: January 19, 2020, 4:43 pm
The Israeli satellite networks company's share price is up sharply today on reports it might be acquired at a premium by an international company.
Posted: January 19, 2020, 4:13 pm
The former Jerusalem mayor has a socioeconomic agenda that he says can gain the Likud six extra Knesset seats in the elections.
Posted: January 19, 2020, 2:53 pm
Numbeo has also ranked Haifa in 31st place and Jerusalem in 34th place in its cities cost-of-living index.
Posted: January 19, 2020, 1:44 pm
A selection of recent real estate deals in Israel including in Tel Aviv, Ramat Gan, Rishon Lezion, and Nahariya.
Posted: January 19, 2020, 1:06 pm
The new Sderot in the park neighborhood will also include an industrial park.
Posted: January 19, 2020, 12:59 pm
Clal Biotech stands to receive shares worth $2.1 million in German company BioNTech, which is acquiring US company Neon Therapeutics.
Posted: January 19, 2020, 12:13 pm
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