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Globes (41 most recent articles)
Port raises $100 million at an $800 million valuation to advance autonomous engineering in software development. The company has seen rapid growth and serves major international clients.
The Tel Aviv Stock Exchange rose for a fifth straight session, led by gains in Tower and insurance stocks. Major indices posted increases, while ICL declined. The shekel strengthened against both the dollar and the euro.
Israel will require rooftop solar panels on all new houses and some large buildings from December 2025. The regulation aims to boost renewable energy production and offers financial incentives for homeowners. Exemptions apply to certain building types.
A new report claims foreign investment in Israel surged in early 2025, but the Ministry of Finance's own data shows a decline. The contradiction stems from different measurement methods and the impact of large, one-off deals.
Israel Police will install new smart speed cameras that track average speed over long road sections, replacing current spot-speed cameras by 2026. The move aims to modernize enforcement and is expected to increase the number of speeding tickets issued.
Israeli startup Tailor Brands has reinvented itself as a leading platform for business registration and compliance, helping thousands of new entrepreneurs in the US. Amid widespread layoffs and the rise of AI, the company is growing rapidly by supporting the self-employment boom. Its streamlined digital services have made it a major player in the shift toward independent work.
The shekel has surged to its strongest level against the dollar in over three years, driven by expectations of a United States interest rate cut and robust economic indicators in Israel. Analysts cite increased foreign investment and stable local conditions as key factors.
Talks on renewing United States military aid to Israel are becoming urgent as the current agreement nears expiration. Both sides face political and economic challenges, with changing priorities in Washington and growing debate over the nature of future cooperation.
The Mullings Group, a top US medtech recruiter, has opened an Israeli branch to help local companies hire American executives. Founder Joe Mullings discusses the cultural and practical challenges Israeli startups face when entering the US market. He and his partner Ido Hadari aim to change industry perceptions about the need for Israeli CEOs to relocate to the US.
Wiz will lease discounted office space in Tel Aviv's Landmark 2 tower as part of a Cyberstarts initiative to cluster portfolio companies. Some startups are hesitant to join, citing competition and building concerns.
Israel has delivered its Arrow 3 missile defense system to Germany on time, despite ongoing conflict. The system is now operational, strengthening defense ties and air protection in Europe. The deal marks a major milestone for both countries.
The Tel Aviv 35 Index soared to a new record, led by gains in Tower and Camtek. Trading was strong across equities and bonds, while the shekel weakened against major currencies.
Israel is close to approving a major gas export deal with Egypt, provided domestic gas prices are lowered. The move could reduce electricity costs in Israel and follows international pressure to finalize the agreement.
Shufersal and Tower led gains on a mixed Tel Aviv Stock Exchange, while Elbit Systems declined. The shekel weakened against both the dollar and the euro.
Dalia Korkin led Amal and Beyond Group to a 2.6 billion shekel public offering after years of rapid growth. The company, a major provider of nursing services in Israel, faces new challenges following recent regulatory changes.
Israel's power plant construction is delayed due to a global turbine shortage, raising costs and threatening competition. Consumers may face higher electricity prices until new plants are operational after 2030.
Tel Aviv's main stock indices fell today, with steep declines for insurance companies and mixed results among leading stocks. The shekel weakened slightly against major currencies.
Tel Aviv stocks surged after an interest rate cut, with real estate shares leading gains. The shekel strengthened slightly against major currencies, and trading volumes were high.
The Phoenix Holdings chief executive urges Israel to set clear values and invest strategically, while highlighting the company's role in boosting competition and growth in the financial sector. He remains optimistic about the country's economic prospects and the potential for greater consumer benefits.
Check Point's Gil Shwed warns of a disconnect between cybersecurity stock valuations and real-world value, while highlighting artificial intelligence's growing role in the industry. He discussed the company's recent acquisition and his satisfaction with stepping back from daily management.
Boston-based Battery Global Advisors is buying a 20 percent stake in Anan Data Centers at a 1 billion shekel valuation. The investment will help the company expand its data center projects in Israel.
Germany is negotiating with Israel Aerospace Industries for more Arrow 3 interceptors and an extension of its Heron drone program. The talks come as Germany strengthens its air defense amid rising security concerns in Europe. These deals mark deepening defense cooperation between Germany and Israel.
First International Bank will sell its stake in CAL-ICC for up to 1.1 billion shekels, pending regulatory approval. The deal could bring a substantial profit to the bank if completed.
The Tel Aviv Stock Exchange closed sharply lower, with major indices falling around 2 percent. The shekel weakened against key currencies, while a few companies bucked the downward trend with gains.
A seafront apartment in Tel Aviv's SIX 8 tower has sold for NIS 58 million, setting a new benchmark for luxury real estate in Israel. The tower, still under construction, is located in one of the city's most expensive areas.
Nvidia, Sheba Medical Center, and Mount Sinai Hospital are partnering to use artificial intelligence to decode the human genome. The initiative aims to unlock new insights into disease and health, with each partner contributing unique resources and expertise.
Mizrahi Tefahot Bank posted a third quarter profit of NIS 1.5 billion and will distribute half to shareholders. The bank saw double-digit growth in public credit and business lending, while maintaining a strong position in the mortgage market.
Elbit Systems surged after a major deal, but Nice and banks declined on a mixed day for the Tel Aviv Stock Exchange. Indices moved in different directions, and trading volumes remained high.
Itron is acquiring Israeli startup Locusview for $525 million in a deal expected to close in early 2026. Locusview's investors stand to gain significantly, and the acquisition aims to boost digital transformation in infrastructure management.
Ysrael Gurt, co-founder of Reflectiz, rose from self-taught programmer in a religious community to a leading figure in website security. He balances his high-tech career with a traditional lifestyle and aims to normalize the presence of religious entrepreneurs in the industry.
Chinese companies continue to win major infrastructure contracts in Israel, often by partnering with private firms. This trend persists despite Western concerns and increased scrutiny of foreign investments in strategic sectors.
Israel's economy grew by 12.4% in the third quarter of 2025, rebounding from a contraction caused by conflict. Growth was driven by strong gains in consumption, business activity, and investment.
Wonder Robotics will debut its new Prodigy assault drone, capable of vertical and horizontal attacks, at an exhibition in Tel Aviv. The drone uses advanced autonomous navigation and is being evaluated by security forces. The company is also enhancing its autonomous landing system for maritime use.
The Tel Aviv Stock Exchange rose today, led by gains from Tower and Nice, while Camtek declined. The shekel weakened against both the dollar and euro.
Israeli venture capital fundraising has rebounded, with $1.37 billion in new funds announced since the end of the war. Revised data shows $1.61 billion raised so far this year, signaling renewed growth in the sector.
Kazakhstan has joined the Abraham Accords, aiming to upgrade its security and economic ties with Israel and the United States. The move reflects Kazakhstan's strategy to balance global interests and attract investment, while impacting regional defense markets. The decision also highlights Kazakhstan's growing importance as a strategic partner in Central Asia.
Airfares from Israel have dropped sharply for European destinations but risen for long-haul flights, as more airlines resume service and demand shifts. Overall, ticket prices are about 5 percent higher than last year. Travelers are showing increased interest in city destinations ahead of the holidays.
Teva's strong third quarter results boosted the Tel Aviv Stock Exchange, despite declines in Elbit and the banks. The shekel also gained ground against major currencies.
New York's mayor-elect Zohran Mamdani plans to review the partnership between Cornell University and the Technion at the Cornell Tech campus. The Technion responded by stressing the campus's economic and technological contributions to the city.
The Tel Aviv Stock Exchange closed lower, led by declines in tech and banking shares, while insurance stocks outperformed. Trading volumes were robust, and the shekel strengthened slightly against major currencies.
Israeli airlines may resume direct flights to India if Oman allows access to its airspace, potentially reducing travel times and costs. Talks are underway to launch routes to major Indian cities. The decision could also benefit flights to other Asian destinations.
































