Globes (EN)


Israel's Business Arena

The separation follows Procter & Gamble's $4.2 billion acquisition of Merck's consumer health unit.
Posted: April 19, 2018, 4:49 pm
NASA's EM-2 mission taking astronauts beyond the moon will use thermoplastic parts printed by the Israeli company in collaboration with Lockheed Martin and PADT.
Posted: April 19, 2018, 8:05 am
Brian Krzanich will witness a special display by Intel's 300 Shooting Star drones at the official Independence Day ceremony in Jerusalem.
Posted: April 19, 2018, 8:01 am
Fitch also warned against increasing the budget deficit.
Posted: April 18, 2018, 8:29 am
Most of the subscribers - 4,000 switched from other companies - bought the NIS 29 life-long plan with 40 gigabytes.
Posted: April 17, 2018, 6:50 pm
Mellanox CEO: Our record first quarter financial performance is the result of the successful execution of our growth strategy.
Posted: April 17, 2018, 6:39 pm
The 450-meter duplex is on the 38th floor of the City Tower hotel building.
Posted: April 17, 2018, 6:17 pm
The International Monetary Fund also predicts that growth in the Israeli economy will rise to 3.5% in 2019 but decline in 2020.
Posted: April 17, 2018, 5:58 pm
The Tel Aviv-based company's platform is more accurately able to identify risks in some contracts than professional US lawyers.
Posted: April 17, 2018, 5:06 pm
Beeri Printing, a 60 year-old company, generates NIS 8.5 million annually for the kibbutz.
Posted: April 17, 2018, 4:20 pm
Applitools will use this investment to fuel market expansion of its artificial intelligence (AI) powered visual testing and monitoring solution by scaling its R&D, operations, and sales.
Posted: April 17, 2018, 4:14 pm
Flights beginning from November 3 cost €49 in each direction.
Posted: April 17, 2018, 2:13 pm
Ronen Eldad's acquisition of Shilav from its founders was announced only a few weeks ago.
Posted: April 17, 2018, 2:06 pm
Porat joins JVP as a partner after having led Israel’s AT&T Foundry, the American multinational conglomerate’s accelerator.
Posted: April 17, 2018, 2:04 pm
The Bank of Israel said it does not plan an interest rate hike until the end of 2018.
Posted: April 17, 2018, 1:30 pm
The fund, led by Marius Nacht and Dr. Yair Schindel, is planned to reach $500 million.
Posted: April 17, 2018, 12:55 pm
Alon Group realized $200 million on the sale, after a 70% rise in Delek US's share price in the past year.
Posted: April 17, 2018, 11:17 am
Spanish contractor Semi Group is struggling with Israeli bureaucracy and is yet to obtain various regulatory approvals, sources inform "Globes."
Posted: April 16, 2018, 6:48 pm
The package will include Yes's STINGTV Internet television service.
Posted: April 16, 2018, 6:48 pm
A pilot scheme is due to get underway shortly. The aim is to alleviate problems of access and parking at railway stations.
Posted: April 16, 2018, 6:24 pm
Azrieli and Super-Pharm will be among the first companies with Google Shopping links to their websites.
Posted: April 16, 2018, 6:14 pm
The chain's vegan business grew 49% in the first quarter of 2018.
Posted: April 16, 2018, 5:41 pm
Other international investors will buy a total of 51.8% of the Tel Aviv Stock Exchange, of which 30% will eventually be offered to the public.
Posted: April 16, 2018, 5:37 pm
"There is no certainty that such talks will lead to an agreement for a deal or what the terms would be,” the flavors and fragrances company said.
Posted: April 16, 2018, 5:32 pm
The Bank of Israel: Inflation expectations and most forecasts for one year remain below the target.
Posted: April 16, 2018, 5:04 pm
Speaking at Oracle Israel's offices in Petah Tikva, Safra Catz said that Israel is a target because of its innovation, not its tax benefits.
Posted: April 16, 2018, 4:40 pm
Based in Rehovot, Foamix is focused on developing and commercializing proprietary topical foams to address unmet needs in dermatology.
Posted: April 16, 2018, 3:55 pm leverages artificial intelligence (AI) and machine learning to change the way salespeople conduct calls.
Posted: April 16, 2018, 3:19 pm
The Histadrut has demanded that Teva immediately suspend plans to close its Ashdod plant.
Posted: April 16, 2018, 2:44 pm
The population of Israel has grown ten-fold since the state was founded in 1948.
Posted: April 16, 2018, 1:53 pm
Adv. Eyal Yinon sees the government as a greater threat to the Knesset's status than the High Court of Justice.
Posted: April 16, 2018, 12:48 pm
Delek Group improved its offer, but it still fell short. Market source: The reasons for the rejection are not purely economic.
Posted: April 16, 2018, 12:09 pm
Kafrit Industries will pay around $36 million for the activity and assets of a company in the US.
Posted: April 16, 2018, 10:35 am
Globus Pharma has signed a MoU to sell 50 tons of medical cannabis to a Canadian company.
Posted: April 15, 2018, 8:52 pm
Home prices fell 0.2% in February after falling more steeply in the preceding months. Inflation is running at 0.2% annually, the Central Bureau of Statistics reports.
Posted: April 15, 2018, 8:41 pm
The proportion of housing purchases by investors fell to a historic low of 13% in February.
Posted: April 15, 2018, 6:31 pm
The company will receive NIS 20 million in grants and a site twice as big as its current one in Rishon Lezion.
Posted: April 15, 2018, 6:24 pm
empow provides the first orchestration platform that uses AI and machine learning analytics to classify threats and alerts based on intent.
Posted: April 15, 2018, 5:27 pm
More music by Israeli singer Omer Adam was streamed through Spotify than by any overseas recording artist.
Posted: April 15, 2018, 4:24 pm
A selection of recent real estate deals in Israel including in Bat Yam, Kfar Yona, Ashdod and Beersheva.
Posted: April 15, 2018, 2:59 pm
TAU Ventures is the first venture capital fund established by a university in Israel and is based on similar funds at US universities such as MIT, Berkeley and Stanford.
Posted: April 15, 2018, 2:33 pm
Partner TV is the first TV service in Israel that can now offer the Amazon Prime Video app on its STBs, and the first OTT service in the world to support the app on Android TV.
Posted: April 15, 2018, 1:51 pm
Bezeq is seeking to avoid a ruling that it tried to prevent the wholesale landline telephony market reform.
Posted: April 15, 2018, 1:39 pm
The two companies will select Israeli startups for the Alpha Zone accelerator as Menorah Mivtachim seeks a foothold in insurtech.
Posted: April 15, 2018, 10:15 am
The BOT mechanical biological treatment facility is designed to treat thousands of tons of home waste per year.
Posted: April 15, 2018, 10:14 am
The companies have entered into a partnership to offer the maritime version of the Orbiter 4 drone to the Indian Navy.
Posted: April 15, 2018, 10:14 am
Despite growing concern about the Syrian conflict spilling over into a broader international confrontation, the Israeli currency is stable today against the dollar.
Posted: April 15, 2018, 10:02 am
Some 2.25 million residents of national priority areas will receive tax breaks worth a total of NIS 2.33 billion annually.
Posted: April 15, 2018, 10:02 am
Minister of Economy and Industry Eli Cohen has asked the new Israel Tax Authority head Eran Yaakov to consider measures benefiting Israeli companies operating in the US market.
Posted: April 12, 2018, 6:26 pm
Barclays Bank analyst Joseph Wolf: We attribute the current stock performance almost squarely on the business fundamentals.
Posted: April 12, 2018, 5:42 pm
Shavit Capital, which led the round, is known for investing in companies before their share offerings.
Posted: April 12, 2018, 5:13 pm
The company helps customers protect critical cloud data - securing trillions of SaaS/PaaS records every day.
Posted: April 12, 2018, 4:07 pm
The deal will help Playtech establish a strong presence in Italy, a fragmented gaming market which is relatively underdeveloped online.
Posted: April 12, 2018, 3:22 pm
The European Organization for the Safety of Air Navigation (Eurocontrol) issued a warning yesterday about possible air attacks over Syria.
Posted: April 12, 2018, 2:34 pm
Deutsche Telekom has made a significant investment due to Axonize's service provider capabilities that include cross-application orchestration and management, and very fast development times per application.
Posted: April 12, 2018, 2:10 pm
Israel National Council on Diabetes chairperson Prof. Itamar Raz has asked the Israel Tax Authority to tax sugar-rich drinks in the fight against obesity and diabetes.
Posted: April 12, 2018, 1:35 pm
Safra will acquire Bank Hapoalim's Switzerland and Luxembourg customer assets portfolio for 20-23 million Swiss francs.
Posted: April 12, 2018, 11:57 am
All of the money for the new fund was raised from Israeli entrepreneurs involved in the cybersecurity sector.
Posted: April 11, 2018, 10:57 pm
The proceeds will be used for a trial of the company's accordion pill for treating Parkinson's Disease.
Posted: April 11, 2018, 6:30 pm
The funds will take the Israeli company through initial results in the first Phase II study in recurrence or metastatic Adnoid Cystic Carcinoma.
Posted: April 11, 2018, 6:06 pm
Eurocontrol warns that ground-to-air and cruise missiles likely to be launched in the area of Syria could disrupt navigational systems.
Posted: April 11, 2018, 5:42 pm
Israel's Petroleum Commissioner notified the partnership that it must show proof of financing for all operations by May 14.
Posted: April 11, 2018, 4:21 pm
Sagi bought the 3.36% stake through Norisha Holdings, a company registered in the Virgin Islands.
Posted: April 11, 2018, 4:15 pm
Nike's acquisition of Invertex and Uber's acquisition of Jump earlier this week brings to 20 the number of exits enjoyed by the Israeli crowdfunding platform.
Posted: April 11, 2018, 4:01 pm
Bank of Israel Governor: The structural deficit in Israel is definitely high, and I would not want to see it increase any further.
Posted: April 11, 2018, 3:21 pm
The new track will boost the capacity of the railway from the current 28 trains per hour to 42.
Posted: April 11, 2018, 1:24 pm
There are concerns that the macroeconomic data do not support a tax cut.
Posted: April 11, 2018, 12:09 pm
The acquisition of the US manufacturer will enable the Israeli defense electronics company to offer end-to-end cockpit solutions.
Posted: April 11, 2018, 10:46 am
The Petah Tikva based company has developed a minimally invasive device for brain surgery.
Posted: April 11, 2018, 8:10 am
Genie Enterprise is a food technology company that develops and markets smart ovens that cook healthy, tasty and affordable meals in 2-3 minutes.
Posted: April 11, 2018, 7:54 am
The French carrier's CEO: Its clear we'll be able to take market share away from El Al, whose prices are double ours.”
Posted: April 10, 2018, 6:55 pm
The Tel Aviv-based company has developed scan-to-fit 3D technology.
Posted: April 10, 2018, 6:38 pm
Mapi's generic multiple sclerosis treatment would require one monthly injection instead of three times per week.
Posted: April 10, 2018, 6:37 pm
The Ra'anana based company has developed unique data collection and visualization capabilities.
Posted: April 10, 2018, 6:24 pm
Apple is being accused of slowing down users' smartphones without telling them.
Posted: April 10, 2018, 5:21 pm
In the two years since its launch, Karamba Security has engaged with 17 automotive OEMs and tier-1 suppliers.
Posted: April 10, 2018, 3:42 pm
The funds will help foster partnerships in the food analytics and nutrition insights sector for diabetes sufferers.
Posted: April 10, 2018, 3:24 pm
Beijing's Zhongguancun Science Park is the home of many Chinese tech giants, like Lenovo, Baidu, Xiaomi, emerging technology companies and China's leading Universities.
Posted: April 10, 2018, 2:09 pm
Xfone owner Hezi Bezalel: We want a fair, transparent, and reliable communications group.
Posted: April 10, 2018, 1:55 pm
The underlying reason for the strong shekel remains the robust state of Israel's thriving economy.
Posted: April 10, 2018, 12:40 pm
The small surplus of NIS 700 million puts in doubt Minister of Finance Moshe Kahlon's plans for a tax cut.
Posted: April 10, 2018, 11:48 am
For the first time, the company has reported a deficit on shareholders' equity.
Posted: April 10, 2018, 11:28 am
The company, one of the largest on the Tel Aviv Stock Exchange, joins the exodus of dual-listed US biotech companies.
Posted: April 10, 2018, 10:14 am
The Israeli company lets every driver register as a courier.
Posted: April 9, 2018, 7:24 pm
Teva has apparently received an insubstantial sum paid in compensation.
Posted: April 9, 2018, 7:05 pm
Customers will be able to give an investment house or fintech company power of attorney without going to their bank branch to show the power of attorney.
Posted: April 9, 2018, 6:54 pm
The loss of the order for Spacecom's Amos 8 satellite has led the state-owned company to try to promote the idea of a satellite ordered by the state.
Posted: April 9, 2018, 6:19 pm
The offer to purchase is aimed at simplifying the group's holding structure and strengthening its control of energy facilities.
Posted: April 9, 2018, 6:17 pm
Kahlon and Netanyahu are subject to conflicting pressures, while senior officials may well oppose any cut.
Posted: April 9, 2018, 5:31 pm
ONGC Videsh, Bharat PetroResources, Indian Oil Corp and Oil India have been awarded the license for Block 32 in Israel's economic waters.
Posted: April 9, 2018, 4:35 pm
The Bank of Israel only purchased $143 million in foreign currency last month.
Posted: April 9, 2018, 3:47 pm
Armis has developed a technology platform that allows enterprises to see and control compromised and unmanaged devices and rogue networks.
Posted: April 9, 2018, 3:36 pm
Gulliver Energy and Shapir Engineering plan to apply for an exploration license in southern Israel.
Posted: April 9, 2018, 2:59 pm
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