Globes (EN)

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Israel's Business Arena

Mathios Rigas tells "Globes" that low expenses allow the Karish and Tanin operator to sell gas at $4 per thermal unit compared with the $6 Israel Electric pays for Tamar gas.
Posted: February 19, 2018, 9:57 pm
The owners of the land in Kfar Shalem, currently occupied by squatters, will be partners in the combination deal.
Posted: February 19, 2018, 7:30 pm
Tirat Hacarmel based Motus GI has developed Pure-Vu for cleaning the colon in advance of a colonoscopy.
Posted: February 19, 2018, 5:42 pm
Business intelligence firm Black Cube uncovered family assets.
Posted: February 19, 2018, 5:41 pm
Israelis have used their higher wages to pay for the increase in private consumption.
Posted: February 19, 2018, 5:39 pm
The energy companies have signed binding agreements to provide 64 BCM of gas to Egypt's Dolphinus Holdings.
Posted: February 19, 2018, 5:37 pm
Engineers and safety experts have told "Globes" that if the trains start operating next month, there is liable to be a disaster.
Posted: February 19, 2018, 4:23 pm
Maurice Levy: Vivatech has an ongoing love story with Israel. This year's show will also feature a focus on Africa.
Posted: February 19, 2018, 4:00 pm
Beersheva-based Morphisec specializes in Moving Target Defense.
Posted: February 19, 2018, 3:43 pm
Energean is also considering dual listing on the Tel Aviv Stock Exchange.
Posted: February 19, 2018, 2:54 pm
Nevertheless, other parties may step in to bid for Bezeq's ultimate parent before the deadline.
Posted: February 19, 2018, 1:29 pm
An advanced version of the Israeli interceptor missile hit a simulated target outside the atmosphere.
Posted: February 19, 2018, 11:52 am
Prime Minister Benjamin Netanyahu: This case too is a media balloon that will burst.
Posted: February 19, 2018, 10:46 am
The lawyer for suspended Communications Ministry director general Shlomo Filber has confirmed that he is also among those detained today.
Posted: February 19, 2018, 10:32 am
IKEA's fourth branch in Israel opens to the public next week. IKEA expects 800,000 people to visit the store and buy over three million items in 2018.
Posted: February 19, 2018, 7:08 am
Sources inform "Globes" that Intel will receive 20%-30% of the investment in Israeli government grants.
Posted: February 18, 2018, 6:02 pm
Golf acquired Adika in January 2015 in an estimated NIS 40 million deal.
Posted: February 18, 2018, 5:43 pm
A selection of recent real estate deals in Israel including in Herzliya, Ramat Gan, Givatayim, Kfar Saba, Ness Ziona and Netanya.
Posted: February 18, 2018, 4:45 pm
IAI won a German UAV tender against General Atomics, but the deal has been delayed by political pressure.
Posted: February 18, 2018, 3:47 pm
Stream Net is a thrombectomy device designed to address unmet clinical needs in the treatment of acute ischemic stroke.
Posted: February 18, 2018, 3:39 pm
Final criteria for acquiring the companies have been published.
Posted: February 18, 2018, 2:48 pm
The company's share price plummeted 30% on Nasdaq and 17% on the TASE.
Posted: February 18, 2018, 2:46 pm
Adler Real State is aiming at a 70% controlling interest in Brack Capital Properties, while Teddy Sagi will make NIS 300 million in his investment from last May.
Posted: February 18, 2018, 1:11 pm
Based in Caesarea, the Israeli company has developed machine vision inspection for textile fabrics and technical webs.
Posted: February 18, 2018, 1:01 pm
EMG co-owner Josef Maiman filed the lawsuit as a Polish citizen.
Posted: February 18, 2018, 12:34 pm
Intel says no large project is currently planned. Minister of Finance Moshe Kahlon was speaking at the Ecosystem Haifa conference.
Posted: February 18, 2018, 11:31 am
The investment target is probably an upgrade of the Intel Kiryat Gat fab to 7-nanometer technology.
Posted: February 18, 2018, 11:30 am
Financial pundit Jim Cramer told CNBC that "It is amazing that Warren Buffett goes for what I largely regard as the worst of the worst."
Posted: February 16, 2018, 3:56 pm
The fall is steeper than analysts expected. The new homes price index fell 1.4%.
Posted: February 15, 2018, 8:05 pm
Advisor Pro supports personalized insulin therapy planning for people with Type 1 diabetes that use insulin pumps.
Posted: February 15, 2018, 7:23 pm
CEO Barak Eilam: Our addressable market has increased five-fold.
Posted: February 15, 2018, 7:11 pm
50% of the design and accessory chain's products will be sold at prices of up to NIS 20.
Posted: February 15, 2018, 5:14 pm
The Israeli company's G-EYE is a novel add-on balloon device that works with standard endoscopes to assist visualization of the colon.
Posted: February 15, 2018, 4:26 pm
Zion Oil CEO Victor Carrillo said he was "enthusiastic about seeing clear signs of hydrocarbons," at the Megiddo-Jezreel well.
Posted: February 15, 2018, 4:11 pm
"Defense News" speculates that the Israel Air Force erred in its calculations in not deploying the stealth jets.
Posted: February 15, 2018, 2:45 pm
The company uses AI and robotics tech to help online grocery retailers speed up sorting and processing inventory, taking orders, and delivering them.
Posted: February 15, 2018, 2:40 pm
The activities of the Plantex plant, which produces complex API, will be transferred to China or India.
Posted: February 15, 2018, 1:59 pm
The retail fashion chain has over 1,000 employees and 150 branches throughout Israel.
Posted: February 15, 2018, 11:27 am
The Israeli currency continues to weaken against the euro.
Posted: February 15, 2018, 11:25 am
Teva's share price is soaring after Berkshire Hathaway reported buying a 1.8% stake in the Israeli pharmaceutical company.
Posted: February 15, 2018, 7:57 am
The company is still testing its drug for treatment of fatty liver.
Posted: February 14, 2018, 8:11 pm
The company's CEO, Shwed is paid only the minimum wage, but receives generous remuneration in shares.
Posted: February 14, 2018, 8:10 pm
Moshe Asher wants to repeal the law, which police allege was enacted by Benjamin Netanyahu's government to give tax exemption to Arnon Milchan.
Posted: February 14, 2018, 6:06 pm
The new hotel on King George Street will compete with the King David Hotel for high-end customers.
Posted: February 14, 2018, 5:11 pm
Revenue was up 14.1% and profit grew 67%.
Posted: February 14, 2018, 4:59 pm
The shekel is at its weakest for two months against the dollar and for 20 months against the euro.
Posted: February 14, 2018, 3:08 pm
BAZ products include a wide range of modular and customizable medium and long range surveillance systems for distances from 500m up to 25km.
Posted: February 14, 2018, 2:34 pm
Zoller will replace acting CEO Asher Grinbaum.
Posted: February 14, 2018, 2:23 pm
The $10 million fund will invest in digital health and quality of life.
Posted: February 14, 2018, 1:42 pm
The company has requested a permit to build a 250-room hotel at the entrance to the Airport City business park near Ben Gurion Airport.
Posted: February 14, 2018, 12:58 pm
The Israeli businessman is buying a 17% stake in the Spanish soccer club for a reported €50 million.
Posted: February 14, 2018, 12:27 pm
The company reported a fourfold rise in profit for the fourth quarter.
Posted: February 14, 2018, 12:02 pm
The Israeli cloud-based web development platform has reported 47% revenue growth for 2017 and expects 40% growth in 2018.
Posted: February 14, 2018, 10:52 am
GemmaCert allows any person to analyze and obtain accurate results on potency and quality in about 30 seconds.
Posted: February 14, 2018, 9:53 am
Yair Lapid told police that Benjamin Netanyahu wanted to enact a law giving tax exemption to Arnon Milchan and other wealthy returning Israeli residents.
Posted: February 14, 2018, 6:06 am
Taxpayers unable to prove the source of their unreported capital will have to pay a fine.
Posted: February 14, 2018, 12:00 am
The government will reportedly receive NIS 1.9 billion from the sale of shares in the privatization of Israel Military Industries.
Posted: February 13, 2018, 6:32 pm
The fourth passenger wing at Israel's major airport will increase capacity at Terminal 3 by 1,800 passengers per hour.
Posted: February 13, 2018, 6:07 pm
IBI Investment: The new competition will cost Teva $0.15 per share in profit in 2018.
Posted: February 13, 2018, 5:18 pm
The company is hiring employees for its cancer informatics division in Israel.
Posted: February 13, 2018, 4:33 pm
Tipalti’s cloud-based payables automation platform helps CFOs scale payable operations for rapid and global growth.
Posted: February 13, 2018, 3:17 pm
The Israeli company already offers an advanced email protection solution, and will use the funds to expand its global presence and product portfolio.
Posted: February 13, 2018, 1:37 pm
The first stage of the rise will go into effect on March 1. The disabled organizations say they will continue their campaign.
Posted: February 13, 2018, 1:11 pm
The level of the Dead Sea was only falling by 0.7 meters annually 40 years ago reports the Ministry of Environmental Protection.
Posted: February 13, 2018, 12:47 pm
The size of the "promising" Calypso 1 discovery is not yet known.
Posted: February 13, 2018, 12:40 pm
Speaking in Egypt, Claudio Descalzi said the region could become a natural gas power if it pooled resources.
Posted: February 13, 2018, 10:54 am
The minimum company value for the offering is NIS 3.4 billion, before money.
Posted: February 12, 2018, 7:37 pm
The Bank of Israel and the Ministry of Finance want to facilitate price comparisons and competition.
Posted: February 12, 2018, 7:34 pm
A large project in Japan was called off, resulting in streamlining and layoffs by the company.
Posted: February 12, 2018, 7:18 pm
German businessman Michael Herzog: Miki Ganor seemed to regard David Shimron as his business partner.
Posted: February 12, 2018, 7:08 pm
Israeli companies can now bid for defense tenders worth an estimated $4.5 billion.
Posted: February 12, 2018, 6:54 pm
With generic drug prices falling sharply in the US and a potential delay in FDA approval for Teva's migraine treatment, Michael McClellan insists the company will soon be on solid ground.
Posted: February 12, 2018, 2:36 pm
Ofo has appointed Imri Galai to head its Israel branch.
Posted: February 12, 2018, 12:42 pm
Minister of Defense Avigdor Liberman is demanding more money to meet new threats, despite the accord reached with the Finance Ministry two years ago.
Posted: February 12, 2018, 10:53 am
Prico CEO Yossi Fraiman says the Bank of Israel is working with major players in the foreign currency market to raise the shekel-dollar exchange rate above NIS 3.60/$.
Posted: February 12, 2018, 8:31 am
The Tel Aviv municipality wants the bus station moved elsewhere within a decade.
Posted: February 11, 2018, 5:49 pm
Wizz Air flew 74,500 passengers to and from Israel in January, 90% more than in January last year.
Posted: February 11, 2018, 5:47 pm
A selection of recent real estate deals in Israel including in Jerusalem, Tel Aviv, Herzliya, Holon, Ness Ziona, Netanya and Beersheva.
Posted: February 11, 2018, 4:37 pm
99,171 homes were sold in 2017, down 10.5% from 110,806 in 2016, the Chief Economist of the Ministry of Finance reports.
Posted: February 11, 2018, 2:24 pm
PolyPid is a clinical-stage pharmaceutical company with an initial focus on antibiotics for the prevention and treatment of post-surgical site infections.
Posted: February 11, 2018, 1:11 pm
The new 234 room hotel on Tel Aviv seafront, adjacent to the Isrotel Royal Beach, will be built by 2021.
Posted: February 11, 2018, 12:28 pm
Foreign parties at interest now own 28.5% of the company.
Posted: February 11, 2018, 10:14 am
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