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Israel's Business Arena

The gas produced from the reservoir will be used to operate the power station in Gaza and another 450-megawatt power station to be built in Jenin.
Posted: June 21, 2018, 8:16 pm
Eyal Waldman and Bashar al-Masri told the Globes Capital Market Conference that business can be the bridge between Israelis and Palestinians.
Posted: June 21, 2018, 8:04 pm
The Israeli institutional investor will hold an 8.15% stake in the automotive vision systems company.
Posted: June 21, 2018, 7:42 pm
Dr. Herbert Diess met Benjamin Netanyahu, visited Yad Vashem and discussed the development of robotaxis with Gett CEO Dave Waiser.
Posted: June 21, 2018, 7:11 pm
The prime minister's wife allegedly illegally ordered NIS 359,000 worth of cooked food.
Posted: June 21, 2018, 7:07 pm
Gonen Usishkin has told employees: This month, we were in 34th place among 42 airlines. This is not the place we want and need to be.
Posted: June 21, 2018, 5:30 pm
The $17 million contract for advanced ground-based Electronic Warfare (EW) and Signal Intelligence (SIGINT) systems will be performed over two years.
Posted: June 21, 2018, 2:21 pm
ERM Advanced Telematics eCyber can be installed cars during the manufacturing process or in the aftermarket stage.
Posted: June 21, 2018, 2:02 pm
With Israel's strong macroeconomic indicators, the dollar was never going to be able to push the shekel above the NIS 3.60-3.65/$ range, market sources in Tel Aviv believe.
Posted: June 21, 2018, 1:28 pm
The company took advantage of a boom in its share price following a successful Phase IIb trial.
Posted: June 21, 2018, 1:24 pm
This is the Israeli website navigation company's third acquisition.
Posted: June 21, 2018, 12:27 pm
Investment house Altshuler Shaham has an 11% stake in Internet Gold, which controls Bezeq through B Communications.
Posted: June 21, 2018, 11:39 am
Gonen Segev is suspected of giving information about defense sites in Israel to his Iranian handlers.
Posted: June 21, 2018, 11:15 am
Minister of Regional Cooperation Tzachi Hanegbi is concerned that the bill harms freedom of expression.
Posted: June 20, 2018, 9:24 pm
Hotelier David Fattal told the Globes Capital Market Conference that everything in Israel is more expensive and everything in Europe is easier to accomplish.
Posted: June 20, 2018, 9:17 pm
Jerusalem Venture Partners has already raised $168 million, according to papers filed with the US Securities and Exchange Commission.
Posted: June 20, 2018, 5:44 pm
500-square meters stores will be opened in Ashdod, Ra'anana, and Rishon Lezion.
Posted: June 20, 2018, 5:29 pm
NIS 10 million of the NIS 70 million that Israeli entrepreneur Moshe Hogeg paid Ilan Ben-Dov was in bitcoin.
Posted: June 20, 2018, 4:46 pm
68 Israelis including carers have been flown to Russia by the charity Fulfilling Dreams, following a six figure donation from Roman Abramovich.
Posted: June 20, 2018, 3:47 pm
The plan envisions increasing the population of Nahariya by 50%.
Posted: June 20, 2018, 12:37 pm
With annual inflation at 0.8%, near the government target of 1%-3%, there is growing confidence that the Bank of Israel will be able to raise rates in the final quarter of the year.
Posted: June 20, 2018, 12:31 pm
The company, which developed a voice-based social platform, is laying off all its employees in Israel.
Posted: June 20, 2018, 11:43 am
After the sale, Discount Investment Corporation, saw its stake in Shufersal cut from 50.1% to 33.6%, leaving the supermarket chain without a controlling shareholder.
Posted: June 20, 2018, 10:52 am
The two airlines have dropped their appeal to the Israel Antitrust Authority, which ruled that the merger would harm competition.
Posted: June 20, 2018, 10:14 am
Starboard, which has a 10.5% stake in the Israeli big-data connectivity company, will appoint two directors.
Posted: June 20, 2018, 8:02 am
The Israeli company has developed SWIR sensors to provide autonomous cars heightened visual capabilities in restricted visual conditions at significantly reduced cost.
Posted: June 20, 2018, 7:41 am
The funding will be used to launch learning plans in Mandarin, Arabic, and Spanish as well as to promote the company's partnership with Oxford University Press to start a learning plan for English language learners.
Posted: June 20, 2018, 7:40 am
The Ministry of Finance and the Rothschild Caesarea Foundation have reached agreement on the financial disputes between them.
Posted: June 20, 2018, 6:43 am
The high-tech entrepreneur and venture capitalist will build a home with a swimming pool but has not yet filed for a building permit.
Posted: June 19, 2018, 7:38 pm
IGP will make $15-30 million investments in mature Israeli startups.
Posted: June 19, 2018, 6:52 pm
The widening interest rate gap between the shekel and the dollar is weighing on the Israeli currency.
Posted: June 19, 2018, 6:30 pm
The Israeli company is seeking to raise $15 million to fund the trials.
Posted: June 19, 2018, 6:03 pm
The Tel Aviv mayor wants to reduce the number of planned housing units on the site from 16,000 to 8,000 and keep the airport operating.
Posted: June 19, 2018, 5:05 pm
The market attributes Sagi's interest to his European ecommerce business.
Posted: June 19, 2018, 3:42 pm
Housing starts fell 14.6% in the first quarter of 2018 from the fourth quarter of 2017 and 34% from the first quarter of 2017, the Central Bureau of Statistics reports.
Posted: June 19, 2018, 3:29 pm
The fund is planning to raise more capital through a share offering on the Tel Aviv Stock Exchange (TASE)
Posted: June 19, 2018, 2:24 pm
Prifender has created a fully automated, enterprise-ready data privacy platform that discovers and maps personal information across all networks.
Posted: June 19, 2018, 1:23 pm
The amount is in accordance with the MOU between the US and Israel governing military aid for ten years from 2019.
Posted: June 19, 2018, 9:41 am
The fund invests in a variety of sectors, including communications and media.
Posted: June 18, 2018, 6:34 pm
Namaste Technologies will pay NIS 2.5 million in cash and shares for the stake.
Posted: June 18, 2018, 6:11 pm
A selection of recent real estate deals in Israel including in Mevasseret Zion, Tel Aviv, Ramat Gan, Holon, Bat Yam, Kfar Saba, Netanya and Ashdod.
Posted: June 18, 2018, 5:35 pm
The new course is designed for Israeli citizens, both men and women, at least 21 years old with matriculation certificates and having no previous flying experience.
Posted: June 18, 2018, 5:14 pm
The low-cost Hungarian carrier will operate twice weekly flights on Sundays and Wednesdays.
Posted: June 18, 2018, 4:41 pm
The ministry is refusing to continue employing flight security personnel overseas after this year.
Posted: June 18, 2018, 1:01 pm
Reuters says that Israeli chip company Mellanox and activist fund Starboard Value are near agreement on the composition of Mellanox's board.
Posted: June 18, 2018, 11:13 am
The Capital Market Authority and the trustee for Clal Insurance prefer a CEO with an insurance background.
Posted: June 17, 2018, 8:55 pm
Mizrahi, then CFO, left Bezeq in 2016 in protest at transactions with companies belonging to controlling shareholder Shaul Elovitch.
Posted: June 17, 2018, 6:31 pm
Teva announced that it was discontinuing a trial of  fremanezumab for chronic cluster headache.
Posted: June 17, 2018, 5:53 pm
Most of the families on the Givat Amal B site, who were moved there in 1948, will receive NIS 1.5-2 million from Yitzhak Tshuva's Elad Israel Residence.
Posted: June 17, 2018, 5:40 pm
Herzliya-based NIP Global develops electronic infrastructure for population registries and issuing biometric documents.
Posted: June 17, 2018, 4:55 pm
Trend figures for February-May 2018 show an annual rate of inflation of 1.5%.
Posted: June 17, 2018, 2:19 pm
Estée Lauder subsidiary Elcalil already has 25 stores in Israel.
Posted: June 17, 2018, 11:51 am
El Al's explanation for the cancellation of this morning's flight to Boston was "operations reasons". Is the summer peak schedule at risk?
Posted: June 17, 2018, 11:01 am
The rescheduling of flights follows on from a spate of cancellations in the past two weeks.
Posted: June 17, 2018, 11:00 am
Purchases of new housing units dropped almost 20% in the past 12 months.
Posted: June 14, 2018, 6:57 pm
Following his success with Camden Market in London, Sagi wants to try his luck at Shuk Tzafon.
Posted: June 14, 2018, 6:52 pm
The project for extending the capital's light rail system is estimated at $9 billion, making it the largest-ever PPP project in Israel.
Posted: June 14, 2018, 6:38 pm
The agreement could generate as much as $150 million in annual revenue for the Israeli company.
Posted: June 14, 2018, 6:27 pm
The US Federal Reserve put the rate up 0.25% and chairman Jerome Powell said there will be two more hikes this year.
Posted: June 14, 2018, 3:28 pm
The Herzliya-based startup has developed collision aversion technology bringing unprecedented protection and control for motorcycle riders.
Posted: June 14, 2018, 2:33 pm
By 2030, all Israeli bus routes will be put up for tenders, which Egged will have to bid for against its rivals.
Posted: June 14, 2018, 12:16 pm
Zimperium has broadened its portfolio of mobile device security solutions by acquiring Mi3 Security's machine learning based application security.
Posted: June 14, 2018, 12:03 pm
The Jaffa - a Luxury Collection Hotel will be housed in a renovated 19th century building and new contemporary building.
Posted: June 14, 2018, 9:57 am
The commodities company says that the hike follows a crisis on the rice markets in Thailand and India.
Posted: June 14, 2018, 7:46 am
The venture will go into operation in September after GoTo's system is adapted to the customer's needs.
Posted: June 13, 2018, 9:38 pm
The offering was at a company value of NIS 1.65 billion for Jafora, Israel's second largest soft drink company.
Posted: June 13, 2018, 9:38 pm
Beyeonics Augmented/Virtual Reality vision capabilities replace surgical microscopes and allow real-time integration of an unlimited amount of data.
Posted: June 13, 2018, 9:36 pm
Apple has two official importers in Israel, but no retail store.
Posted: June 13, 2018, 9:35 pm
Saidoff is paying NIS 1.1 billion for the 47% holding in the real estate and infrastructure company.
Posted: June 13, 2018, 8:29 pm
The IAI-made UAVs are likely to carry munitions and carry out attacks in the German army's theaters of operations in Mali and Pakistan.
Posted: June 13, 2018, 7:00 pm
The Bundeswehr is leasing drone aircraft from Israel Aerospace Industries capable of carrying weapons payloads.
Posted: June 13, 2018, 6:59 pm
Scorpio Real Estate controlling shareholder Beny Steinmetz has personally guaranteed its debts to its bondholders and Bank Hapoalim.
Posted: June 13, 2018, 6:26 pm
Facilities will also open in Petah Tikva and Haifa in a unique model that combines incubator, co-working space and access to hospital infrastructures.
Posted: June 13, 2018, 3:25 pm
The US Federal Reserve is expected to raise the interest rate by a quarter point to the 1.75%-2% range, the highest since 2008.
Posted: June 13, 2018, 1:45 pm
It is uncertain whether the Israel Antitrust Authority will approve the merger even though all the country's three commercial TV stations are losing large amounts.
Posted: June 13, 2018, 11:09 am
The international credit card company will market Jifiti's consumer financing solution.
Posted: June 13, 2018, 10:45 am
The radars will be integrated into the joint airspace surveillance system of a european customer by the end of 2019.
Posted: June 13, 2018, 10:25 am
Galmed can now begin a Phase III trial on the drug for the treatment of inflammation caused by fatty liver disease.
Posted: June 12, 2018, 7:16 pm
With the Israeli company's technology, everyday objects can turn into "hidden chargers," including anything from car cup holders and gym bags, and more.
Posted: June 12, 2018, 7:10 pm
The Israeli entrepreneur is leaving basketball team Hapoel Jerusalem but sources inform "Globes" that he is negotiating for a stake in an NBA team.
Posted: June 12, 2018, 5:41 pm
The robot cleaning company for swimming pools has been booming since US company Hayward's acquisition offer was turned down by Kibbutz Yizrael.
Posted: June 12, 2018, 3:47 pm
Israel Police has reportedly stopped issuing tickets from all speed cameras around the country after the Technion, Institute of Technology cast doubts on the accuracy of the cameras.
Posted: June 12, 2018, 2:42 pm
A large European truck manufacturer has bought the Israeli company's quad-camera vision system for detecting obstacles.
Posted: June 12, 2018, 12:33 pm
The Herzliya-based company has developed compliance and regulation technology for banks, brokers and asset managers to solve their reporting needs.
Posted: June 12, 2018, 12:01 pm
The Israel Innovation Authority will cover up to 75% of the cost of R&D and pilot programs for advanced health solutions.
Posted: June 12, 2018, 11:16 am
The summit between US President Donald Trump and North Korea Supreme Leader Kim Jong-un has produced a joint statement calling for denuclearization of the Korean peninsula.
Posted: June 12, 2018, 10:05 am
In Israel from June 25 to June 28, Prince William will visit Yad Vashem, meet young entrepreneurs and play football with Jewish and Arab children.
Posted: June 11, 2018, 10:05 pm
Rents are rising faster, despite the fall in housing prices, according to the Bank of Israel Monetary Committee.
Posted: June 11, 2018, 7:18 pm
"Globes" looks at some of the military developments and applications of the record 52 defense companies that will be on show in the Israeli pavilion in Paris.
Posted: June 11, 2018, 6:55 pm
In the first five months of 2018, the gap between Israel's two largest food and beverages producers was the narrowest for at least five years.
Posted: June 11, 2018, 6:10 pm
Hachshara will enter as a partner in return for a loan that will grant Brown NIS 60 million at a company value of NIS 300 million.
Posted: June 11, 2018, 6:04 pm
The two companies overcame Minrav and Electra Real Estate in the tender for the Beersheva communications campus.
Posted: June 11, 2018, 4:15 pm
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