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Inflation was 1.2% in the past 12 months, while despite the recent rise housing prices fell 1.4% in 2018, Israel's Central Bureau of Statistics reports.
Posted: February 15, 2019, 4:22 pm
Both revenue and non-GAAP profit beat the analysts' estimates.
Posted: February 15, 2019, 4:02 pm
The Israeli online marketplace for freelancers plans a Wall Street offering at a company valuation of $800 million, "Bloomberg" reports.
Posted: February 15, 2019, 9:07 am
The Ra'anana-based startup's innovative network solution and business model aim to disrupt telecommunications, so that telcos can meet surging demand while enhancing profit.
Posted: February 15, 2019, 6:59 am
Warburg Pincus will close the acquisition of the credit card company from Bank Leumi and Azrieli Group on February 26.
Posted: February 14, 2019, 8:29 pm
Teva CEO Kare Schultz has cut costs, and reduced debt but from yesterday's conference call, it remains unclear what will return the company to growth in 2020.
Posted: February 14, 2019, 7:52 pm
Teva's share price is down sharply as revenue and profit continue to be dragged down by falling Copaxone revenue and generic sales.
Posted: February 14, 2019, 7:52 pm
Francisco Partners has sold the controversial Israeli cyber intelligence company, which it bought in 2014 for $130 million.
Posted: February 14, 2019, 2:53 pm
After also buying an additional 4% stake in the Israeli UAV developer earlier this week, Frenkel now has a 30% stake in Aeronautics.
Posted: February 14, 2019, 12:44 pm
Frenkel has brought his stake in the Israeli UAV company to 24.6%, giving a further boost to its share price.
Posted: February 14, 2019, 12:30 pm
Donde Search transforms the online shopping experience to help e-commerce sites imitate the way their customers think about products.
Posted: February 14, 2019, 11:54 am
Although economists predict prices fell in January, the steep fall in January 2018 ensures that the 12-month inflation figure will rise.
Posted: February 14, 2019, 11:04 am
Decathlon's 3,600 square meter store will be in the new BSR City Mall in Petah Tikva on Jabotinsky Street, sources inform "Globes."
Posted: February 14, 2019, 10:40 am
Cortica's AI technology combined with Renesas's chip could help Toyota break Mobileye's stranglehold on the advanced driver-assistance systems market.
Posted: February 13, 2019, 8:56 pm
The Competition Authority will require Rami Levy to sell five supermarkets in Jerusalem and four elsewhere.
Posted: February 13, 2019, 6:11 pm
Rapyd has developed a platform for transferring payments worldwide via bank transfers, digital wallets, cash and other payment methods.
Posted: February 13, 2019, 5:34 pm
Low-cost airlines are gaining ground at El Al's expense.
Posted: February 13, 2019, 1:00 pm
The Transport Minister said that 22 kilometers of the 24 kilometers of tunnels for the Red Line have already been dug.
Posted: February 13, 2019, 12:23 pm
Economists predict that the January CPI, to be announced on Friday, fell 0.3%.
Posted: February 13, 2019, 11:39 am
Sources told "Haaretz" that representatives of investment bank Barclays were in Israel hoping to close an acquisition deal on Xilinx's behalf.
Posted: February 13, 2019, 11:05 am
The Tel Aviv-based company has pioneered software defined perimeter technology, which will enhance Symantec's cyber defense platform.
Posted: February 13, 2019, 9:40 am
Light & Strong specializes in aerospace and military carbon fiber and glass fiber composite components production.
Posted: February 13, 2019, 8:00 am
Roundtrip fares will start from $1,000 for the flights, which commence in July.
Posted: February 12, 2019, 8:04 pm
The mantras in Finance Mionistry monthly reviews of a "standstill in the real estate market" have given way to "a steep increase in the number of deals."
Posted: February 12, 2019, 7:28 pm
The cable car will begin running next year between the central Haifa Bay transportation station, Technion, and Haifa University.
Posted: February 12, 2019, 6:46 pm
The startup develops a platform for managing and safeguarding connected devices for large organizations.
Posted: February 12, 2019, 5:32 pm
The municipality is petitioning the High Court of Justice, arguing that the plan will cause serious and irreversible damage.
Posted: February 12, 2019, 3:08 pm
CAF is part of one of six different consortia competing for the bid to build and operate the new Green Line and extend and operate the Red Line.
Posted: February 12, 2019, 2:45 pm
New rules introduced by the European regulator have hit the Israeli contract-for-difference (CFD) online trading services platform.
Posted: February 12, 2019, 12:29 pm
Virgin Atlantic will inaugurate flights between Ben Gurion Airport and London Heathrow on September 25, reports 'Yediot Ahronot.'
Posted: February 12, 2019, 12:24 pm
The company says that it is considering all of its business options, including an IPO.
Posted: February 12, 2019, 12:21 pm
The offering was scheduled to end yesterday, but the company is continuing it for another day.
Posted: February 12, 2019, 12:07 pm
The television commercial use fictitious product names, but the allusions to popular brands are clear.
Posted: February 12, 2019, 11:42 am
Following an unexpectedly high turnout, Itzik Shmuli, Stav Shaffir and Shelly Yachimovich top Labor's list, with Eitan Cabel pushed down to an unrealistic twelfth spot.
Posted: February 12, 2019, 11:00 am
The probe follows claims the Finance Ministry postponed December expenditure to January, so that the 2018 deficit target would be met, serving Moshe Kahlon's political ends.
Posted: February 12, 2019, 6:49 am
The Supervisor of Banks favors approval of the sale, while the Bank of Israel's legal director opposes it.
Posted: February 11, 2019, 7:34 pm
Jerusalem-based C2A has developed a suite of solutions that protect the car’s internal systems against cyberattacks, ensuring passenger’s safety.
Posted: February 11, 2019, 6:54 pm
The Israeli carrier is introducing flights from Tel Aviv to Goa and to Cochin.
Posted: February 11, 2019, 6:06 pm
10,900 homes were sold in December 2018, 25% more than in December 2017, the Ministry of Finance reports.
Posted: February 11, 2019, 5:27 pm
PerimeterX will expand its product portfolio to address the growing variety of information security risks facing enterprises on their web and mobile properties and their APIs.
Posted: February 11, 2019, 5:10 pm
Wages in government ministries and the public health system have increased at a far higher rate than the general average wage in the past decade.
Posted: February 11, 2019, 4:49 pm
The three other bidders are the Elco group, the Kedma Capital investment fund, and the Nir Weizman-Brown Hotels group.
Posted: February 11, 2019, 4:48 pm
A new Bank of Israel study calls for a travel tax on private vehicles and better public transport in Israel.
Posted: February 11, 2019, 4:14 pm
The Israeli company enables purchasers to buy on credit and pay in monthly installments, without paying interest,
Posted: February 11, 2019, 4:11 pm
Tickets go on sale on February 25 for the new London Heathrow – Ben Gurion Airport route.
Posted: February 11, 2019, 2:13 pm
Attorney General Avichai Mandelblit has told the Supreme Court that the illegality of discrimination in disposing of state land applies to contractors building homes on it.
Posted: February 11, 2019, 2:03 pm
Israeli metrology and inspection equipment manufacturer Camtek has also licensed its triangulation technology to Chroma.
Posted: February 11, 2019, 1:51 pm
A new company will be formed to build hotels in Tel Aviv under the Play brand.
Posted: February 11, 2019, 1:08 pm
Gantz, who is running for the Knesset at the head of his Israel Resilience Party, is a director at real estate company Amot Investments and at Elron Electronic Industries.
Posted: February 11, 2019, 11:29 am
Due to her high profile public figure, the Hapoel Beersheva owner will receive a high spot on the party's Knesset list for the April 9 elections.
Posted: February 11, 2019, 10:01 am
Helen and Michael Abeles sold just over 1% of the shares in FIBI Holdings at a 3% discount on the market price.
Posted: February 10, 2019, 9:24 pm
Employees will receive a 2.2% pay increase and a bonus for 2018.
Posted: February 10, 2019, 9:22 pm
The billionaire owned a 15.7% stake in the Israeli technology company a year ago.
Posted: February 10, 2019, 5:51 pm
The US investment company is offering NIS 330 million for B Communications, the controlling shareholder in Bezeq.
Posted: February 10, 2019, 4:55 pm
The passenger on an overbooked Budapest - Tel Aviv flight was not given payment for food, lodging, or a delay in his flight, and also had to pay for another flight the next day.
Posted: February 10, 2019, 4:19 pm
A selection of recent real estate projects in Israel including in Jerusalem, Tel Aviv, Netanya, Rehovot and Arad.
Posted: February 10, 2019, 2:19 pm
Palestinian source: French President Emmanuel Macron will host talks on revising the Paris agreements of 1994 governing economic relations between Israel and the Palestinian Authority.
Posted: February 10, 2019, 12:16 pm
Africa-Israel's bondholders are renewing their application to foreclose on Moti Ben-Moshe's guarantee, and seek alternative buyers for the company.
Posted: February 10, 2019, 11:50 am
FIMI is paying $47.5 million for the Migada plant, which produces equipment to protect against hazardous pharmaceuticals.
Posted: February 10, 2019, 10:59 am
The US dockless shared electric scooter company also plans launching scooters and bikes in Jerusalem, Eilat, Netanya and elsewhere in Israel.
Posted: February 10, 2019, 10:31 am
The telecommunications company has invited offers from credit card companies to back a customers club offering financial products.
Posted: February 10, 2019, 10:31 am
Full par value for Series 1 bonds and NIS 0.36 for NIS 1 of par value for Series 2 bonds are being offered.
Posted: February 7, 2019, 8:00 pm
With over half the votes counted, Likud newcomers Nir Barkat and Yoav Gallant also look set to secure top ten places.
Posted: February 7, 2019, 5:53 pm
The round was led by Battery Ventures and Battery general partner Dharmesh Thakker.
Posted: February 7, 2019, 5:53 pm
Under the sale agreement, the site will be used for senior citizens' nursing and assisted living facilities.
Posted: February 7, 2019, 4:10 pm
The reserves at the end of January 2019 rose to $118.151 billion, up $2.872 billion from the end of December 2018.
Posted: February 7, 2019, 4:07 pm
Opponents of the plan warn that it provides no solution for inadequate transportation.
Posted: February 7, 2019, 2:53 pm
Lime Israel general manager Yaniv Goder: The Gush Dan region will be first, and then we'll expand throughout the country.
Posted: February 7, 2019, 2:08 pm
38,475 new vehicles were delivered in Israel in January 2019, 1.4% less than in January 2018.
Posted: February 7, 2019, 1:03 pm
However, prices are likely to fall in southern Israel and Haifa, Bank Leumi economists predict.
Posted: February 7, 2019, 1:03 pm
Reciprocal procurement added over NIS 12 billion to GDP and 41,000 jobs in 2013-2018, the Ministry of Economy and Industry reports.
Posted: February 7, 2019, 11:53 am
Despite weakening against the dollar over the past two days, the shekel is still trading at levels not seen against the dollar since September 2018.
Posted: February 7, 2019, 10:54 am
The flights in September, which will be chartered by three Japanese travel agencies, will be from Tel Aviv to Tokyo's Narita airport.
Posted: February 7, 2019, 9:23 am
LEO is also planning to rent out electric bicycles and compacts.
Posted: February 6, 2019, 5:56 pm
Teva EVP: This launch is an important addition to our portfolio of generic medicines that treat complex conditions.
Posted: February 6, 2019, 5:53 pm
Israel's Ministry of Defense has announced that the US will buy the short range missile defense systems for "immediate needs."
Posted: February 6, 2019, 5:37 pm
321,000 people from abroad visited Israel in January, up 11% from 2018's record breaking year.
Posted: February 6, 2019, 4:56 pm
Danino: Cannabis provides a cure for cancer, epilepsy, pain, autism, depression, post-trauma and more.
Posted: February 6, 2019, 4:28 pm
Silverstein Properties has guaranteed a financing round of at least NIS 180 million through an expansion of its existing Series A bonds, led by Leader Underwriters.
Posted: February 6, 2019, 4:26 pm
The Israeli company has signed an agreement to manage the funds with an unnamed Asian sovereign wealth fund, which has assets of $400 billion.
Posted: February 6, 2019, 4:10 pm
The measure is designed to add hundreds of millions of shekels to the company's value.
Posted: February 6, 2019, 2:35 pm
Gilad, who was deputy CEO of insurance company Migdal, is favored by controlling shareholder Shlomo Eliahu.
Posted: February 6, 2019, 2:25 pm
Perrigo, which inaugurated the plant only three years ago, is leaving the prescription drugs sector.
Posted: February 6, 2019, 2:25 pm
The company share price plunged 17% on the news on Nasdaq and the TASE.
Posted: February 6, 2019, 2:24 pm
A selection of recent real estate deals in Israel including in Efrat, Modiin, Yavne, Kiryat Shmona and Beersheva.
Posted: February 6, 2019, 2:19 pm
The company will continue selling lifelong packages, but at a higher price.
Posted: February 6, 2019, 1:55 pm
A new study by the Savills real estate agency rated 30 technology centers according to 100 different variables.
Posted: February 6, 2019, 1:16 pm
The avionics refresh contract for the US Air National Guard's premier fixed-wing aircraft used for Intelligence, Surveillance and Reconnaissance operations could be worth up to $22 million.
Posted: February 6, 2019, 12:58 pm
2018 net profit totaled $1.24 billion, compared with $364 million in 2017.
Posted: February 6, 2019, 12:36 pm
Startups raised $450 million last month, after the record $6.4 billion raised by startups in 2018.
Posted: February 6, 2019, 12:27 pm
Shuky Sheffer has hit out at the harshly criticial short selling specialist after reporting positive results for the first US fiscal quarter of 2019.
Posted: February 6, 2019, 12:05 pm
The Government Companies Authority refused increased severance pay for the entire period of their employment at the company.
Posted: February 5, 2019, 7:49 pm
The agreement includes a 3% annual pay hike over three years and bonuses.
Posted: February 5, 2019, 7:41 pm
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