News

Annual inflation has fallen towards the upper limit of the Bank of Israel's target range, while housing prices fell for the fourth consecutive month.

This deal comes after earlier this year the Israel Competition Authority opposed the acquisition of the taxi hailing app by parking payments app Pango.

In Ryanair's continued absence from Israel, the Hungarian low-cost airline has announced flights to Venice and Thessaloniki.

Nice beat analysts' estimates and raised its profit guidance, and its share price jumped, but it is now down by more than 7%.

The Israeli defense tech company is set to inaugurate its first gaming park in Uganda with a platform based on metaverse glasses.

The bank reported NIS 1.1 billion profit in the second quarter of 2025, up 7% from the corresponding quarter of 2024.

The bank reported NIS 1.453 billion net profit in the second quarter of 2025, unchanged from the corresponding quarter but the dividend has been pushed up to 50% of profit.

Israeli private intelligence agency has submitted a report on the matter to the New Jersey Supreme Court.

Wix is introducing current banking accounts and loans for small businesses in collaboration with Israeli fintech company Unit.

Teddy Sagi's Layam has opened a 200 square meter duty free store, which offers practically all the tax free goods available at Ben Gurion airport but without the long lines to pay.

The data from property websites and anecdotes from real estate agents show a market in decline.

Agent Rewind was developed with the assistance of Rubrik's Israel development center.

The Tel Aviv-based company develops powder-based Intranasal specialized treatments.

High interest rates, high taxes and home price falls are driving investors away from the home market, the Ministry of Finance chief economist reports.

The Israeli company has developed a direct-to-consumer (DTC) platform for mobile game publishers to maximize profits through owning player relationships.

Annualized return on equity was high at 16.7%, up from 16.4% in the corresponding quarter of 2024.

Bank Leumi recorded an annualized return on equity for the second quarter of 16.2%, up from 15.9% in the second quarter of 2024.

The Israeli defense company reported an orders backlog of $23.8 billion at the end of the second quarter.

US private equity firm Advent is acquiring insurance software company Sapiens at a valuation of $2.5 billion, representing a 64% premium on its share price last week.

The Tel Aviv-based company has developed a platform that scans supplier systems in organizations with long supply chains and can quickly diagnose problems in areas of compliance.

Uri Levine has teamed with former Hanaco Ventures partner Pasha Romanovski to invest in Israeli growth stage companies.

Arkia will compete with El Al and Thai Airways on the Tel Aviv - Bangkok route and will be the only carrier offering direct Tel Aviv - Hanoi flights.

Reports say Israeli shipping tycoon Rami Ungar could team with ZIM CEO Eli Glickman and other top executives to acquire the company.

Norwegian newspaper "E24" has named 17 Israeli stocks being sold by the Norwegian sovereign wealth fund.

The Israeli work operating systems company also beat the analysts on the second quarter results but has clearly disappointed investors.

Following heavy public pressure in Norway due to the humanitarian situation in Gaza, the sovereign wealth fund has acted quickly following a review.

Ron Miasnik, formerly CEO of BCV's portfolio company Duality Labs, becomes the US venture capital fund's newest partner.

A recent meeting in Germany between Transport Minister Miri Regev and Tesla VP EMEA Joe Ward discussed setting up a smart transport hub in Israel.

The airlines see the government as responsible but the Ministry of Finance has rejected plans that it must pay for three days compensation.

Ministry of Defense director general Gen. (res.) Amir Baram has signed orders for airborne munitions for the Israel Defense Forces.

The improvement in the deficit is driven by an impressive growth in state revenues while government spending continues to rise.

The low-cost airline began flights to Larnaca and Budapest last week and renews flights to London Luton on August 22.

Despite Italy's critical stance towards Israel since October 7, its official technology investment fund seeks stakes in Israeli startups, particularly in AI and quantum computing.

The Ministry of Finance chief economist has cut the 2025 GDP growth forecast but raised the 2026 forecast.

"Defense Blog" reports, "The appearance of the aircraft in Wakayama Prefecture comes amid growing interest from the Japan Ground Self-Defense Force in large reconnaissance and attack UAVs."

The Bank of Israel Supervisor of Banks Daniel Hahiashvili is allowing banks to distribute a dividend of 50% of their net profit for the second quarter of 2025.

The buyer plans, after demolishing the existing house, to build a new 700 square meter detached house on the land, with a large garden and swimming pool.

A selection of recent real estate deals in Israel in Jerusalem, Bat Yam, Ramat Hasharon, Rosh Ha'ayin, Hadera and Beersheva.

Market sources say Minister of Finance Bezealel Smotrich withdraw his objections to the Kfar Saba power station after being told that its construction would not be at the expense of the Shomron Interchange.

Tech Warriors program director Shuli Shir: We’re leveling the playing field between those who served in elite tech units and those who didn’t.

If a deal goes ahead, Formula Systems will recognize a large gain on the financial software company.

In the final quarter of 2025, a series of new showrooms is due to open around Israel, at a total investment of tens of millions of shekels.

This is a drastic measure in response to the expansion of the war in Gaza, by a country that had been Israel's main ally in Europe until now.

Starlink provides Internet services from anywhere in the world, in the most remote and underserved locations on land, in the air and at sea.