News

The finance comes from seven global financial institutions. Revenue in the first full year of operation will be $255 million.

Stratos Ventures has raised $50 million of a planned $80 million, and has former senior US security personnel among its partners.

The Israel Electric Corp. has been reprimanded for failing to collect the fees over the past five years, some of which will now be rolled on to the public.

Amir Abulafia, who headed the Israeli army planning directorate, will also be interviewed next week by Anduril’s founders.

El Al said the suspension of the Moscow flights is "due to developments between Russia and Ukraine and recent aviation incidents in the region."

While the current rate is NIS 2.99/$, Bank of America sees the rate at NIS 3.14/$ in three months.

Israel’s risk premium has fallen sharply following the agreement that is taking shape between the US and Iran and has reached levels not seen since the eve of the judicial reform in early 2023.

Sanitaryware company Hamat left Turkey last week but some including Teva, ICL and Netafim continue to operate there despite the political tensions between the countries.

The fund has also managed to mobilize Israeli institutional investors.

The Ministry of Transport has threatened to replace the light rail’s operator Kfir over repeated problems.

The State Comptroller compares the state of the housing loans market to the subprime crisis in the US. Bank of Israel: The report is unprofessional and methodologically wrong.

The veteran cybersecurity company is embarking on its fourth round of layoffs.

The data security company's share price rose 7% on a report by Bloomberg that private equity firms had expressed interest in buying the business.

Rami Levy Chain Stores holds a 30.5% controlling stake in the loss- making autonomous drones company which aims to raise NIS 19 million.

After a 690% rise in Tower Semiconductor's share price within a year, the board proposes raising Russell Ellwanger's annual salary to $1.08 million, with upgrades to other elements of his compensation package.

Analysts find several factors behind the current weakening of the shekel, after its extraordinary appreciation in May.

The other investors in the raise by the Herzliya-based ad measurement company are Google, Meta, and Unity.

The innovative US military technology company wants Amiram Norkin to lead local operations, which will include an Israel production plant, “Globes” has learned.

Ondas Autonomous Systems president Meir Kliner told the annual defense conference held by the Amit Pollak Matalon (APM) law firm that there is no longer room for individual solutions.

Two apartments have been sold in a new project being built by Sela Construction at 47 Herzl Street in Nahariya in northern Israel.

Israel’s biggest banks have already handed out almost two-thirds of the NIS 3 billion they committed to transfer to the public through benefits, within two years.

Qatar’s sovereign wealth fund, which has a 17% stake in Volkswagen, is delaying the deal to convert the ailing Osnabruck plant into a production line for components of Rafael’s Iron Dome, “Reuters” reports.

The share price of the Israeli tech company is down 35.5% since the start of 2026 and 50% from its peak in 2023. But analysts are bullish on the stock’s future direction.

Layoffs in Israel's tech sector are gathering pace and are liable to have knock-on effects on support industries, although the general  outcome may not be entirely negative.

The innovative US military technology company is set to appoint a head of operations in Israel but has not yet decided whether to expand organically or through an acquisition.

An Israeli delegation led by Government Companies Authority deputy head Maayan Harel will visit New York next month to investigate the possibility of the flotation of defense companies on Nasdaq.

Tel Aviv University has risen in the latest QS world rankings from 223 to 208, despite the growing boycott of Israeli academia since the war began in 2023.

As part of the reform, which will come into effect in stages between October 2026 and July 2027, the public will pay up to NIS 10 monthly for 100 monthly transactions on the checking account.

A selection of recent real estate deals in Israel including in Tel Aviv, Holon, Ramla, Gedera, Migdal Ha’emek, and Kiryat Ata.

According to the polls, the coalition will be unable to form a new government but so too would the opposition, without including Arab parties.

The Israeli company will file a prospectus next month and will target a valuation of $3.5 billion, “Globes” has learned.

The class action alleges that El Al was part of a global cartel fixing cargo prices. El Al denies the claim.

Minister of Foreign Affairs Gideon Sa'ar announced today that Israel is immediately cutting ties with the EU's foreign policy chief, Kaja Kallas.

The consortium won exploration rights in the block in October 2023, but due to the outbreak of war, they only officially took the license in March 2025. Exploration is now slated to start in September.

Founded by former NSO CEO Shalev Hulio and former Austrian Chancellor Sebastian Kurz, Dream sells systems to governments that thwart cyberattacks by state actors like Russia, Iran and China.

Over the past year the founders of the Israeli stabilized camera manufacturer have sold shares worth NIS 1.1 billion.

20 years after the chipmaker negotiated a debt settlement with Israel’s biggest banks, it is now surpassing their market caps.

Wiz CTO Ami Luttwak tells the Globes TECH IL Conference that AI is affecting cybersecurity faster than he expected.

Many of the bank’s customers received an unexpected text message today informing them that the bank will deposit a NIS 700 in their current banking accounts.

Altana BV, owned by German billionaire Susanne Klatten filed a lawsuit in the Central District Court to open insolvency proceedings, but withdrew the suit the following day after negotiations.

In many cases, the anchor rate for a mortgage loan is the yield on a government bond.

Speaking at the Globes TECH IL Conference, the Israeli serial entrepreneur soke about his latest startup, which is developing a kind of electronic friend.

Fifteen Israeli startups are presenting at Europe's premier technology show, co-founded by Maurice Levy. There is even a tech-based Middle East peace initiative.

The Kiryat Gat-based company, of which Avigdor Willenz was a founding investor and where he serves as chairperson, is valued at $2.5 billion.