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12 August 2025

Tue: Gaza escalation concerns weigh on TASE

Sapiens gave up more of its strong gains earlier in the week while Bezeq fell sharply.

12/08/2025 19:33 Market Globes correspondent
Uri Levine and Pasha Romanovski illustration: Gil Gibli Waze founder sets up $40m venture capital fund

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

12/08/2025 19:03 Start ups Assaf Gilead
Arkia credit: Arkia Arkia to launch flights to Bangkok and Hanoi

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.

12/08/2025 17:47 Tourism Stav Livne
Zim CEO Eli Glickman credit: Itay Rappaport ZIM jumps as management buyout reports resurface

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

Norway wealth fund chairman Nicolai Tangen credit: Reuters Norway fund disinvests from Rami Levy and El Al - report

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

12/08/2025 11:57 Politics Assaf Uni

11 August 2025

monday.com tanks despite raising guidance

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

11/08/2025 21:39 IT Shiri Habib-Valdhorn
Norway's wealth fund divests from 11 Israeli companies

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

11/08/2025 18:58 Politics Assaf Uni
Bain Capital names 26 year old to manage Israel operations

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

11/08/2025 17:29 Start ups Assaf Gilead
Tesla mulls autonomous driving trials in Israel

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.

Israelis stranded abroad in June still await compensation

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

11/08/2025 15:14 Tourism Stav Livne
Elbit wins $260m IDF airborne munitions deal

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

Israel's fiscal deficit dips below 5% of GDP

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

11/08/2025 13:52 Economy Oren Dori
Wizz Air's resumption of Israel flights helps cut fares

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

11/08/2025 11:03 Tourism Stav Livne
Italian gov't investing in Israeli tech cos

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.

11/08/2025 08:57 Politics Assaf Gilead

10 August 2025

Treasury cuts Israel's 2025 growth forecast

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

10/08/2025 20:45 Economy Oren Dori
Japan testing Israel Aerospace's Heron UAV - report

"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."

10/08/2025 16:32 Aerospace & defense Yuval Pesso
Bank of Israel allows banks to pay 50% dividend on profits

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.

Petah Tikva house and lot fetches NIS 25.3m

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.

10/08/2025 15:09 Real estate Yuval Nisani
Apartments sold and rented

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

10/08/2025 14:20 Real estate Nir Weiss-Vadraru
Smotrich withdraws objection to Reindeer power station

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.

10/08/2025 12:57 Energy Idan Eretz
Free tech courses kickstart ex-combat soldiers' careers

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.

10/08/2025 12:01 Economy Galit Hatan
Formula in advanced talks on sale of Sapiens stake

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

New Chinese car brands fuel demand for showroom space

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.

10/08/2025 10:35 Real estate Dubi Ben-Gedalyahu

08 August 2025

Germany halts arms exports to Israel

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.

08/08/2025 14:48 Politics Assaf Uni
Elon Musk's Starlink launches Israel Internet services

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

07 August 2025

Securities Authority approves Monday to Friday trading

The big switch is due to come into force in January. Will it do any good, and what will be the impact on investment houses and traders?

07/08/2025 21:30 Market Hezi Sternlicht
Rafael to lease Akko logistics center for NIS 500m

A logistics center spanning tens of thousands of square meters will be built for it on land owned by Tidhar and Harel (75%) and Delek Group (25%), "Globes" has learned.

Israel's forex reserves shrink

Israel’s foreign exchange reserves at the end of July 2025 fell to $226.728 billion - a decrease of $1.481 billion from their level at the end of June, the Bank of Israel reports.

07/08/2025 15:57 Market Globes correspondent
Israeli AI co Decart raises $100m at $3.1b valuation

Founded two years ago, the Tel Aviv based company has become an AI lab that produces revenue from three main areas, involving AI applications for the individual user.

07/08/2025 14:32 Start ups Assaf Gilead
Leviathan partners sign $35b Egyptian gas export deal

The biggest gas export deal ever signed in Israel, for 22% of the Leviathan field, will triple the amount of gas sold to Egypt.

07/08/2025 11:13 Energy Idan Eretz
Israel uses Microsoft Azure to spy on Palestinians - report

Microsoft's cloud platform has been used by the IDF 8200 intelligence unit for gathering vast amounts of intelligence on Palestinians including recording millions of mobile phone calls every day, "The Guardian" reports.

07/08/2025 10:53 IT Dean Shmuel Elmas
How much does a protected room add to the value of a home?

"Globes" examines several studies that shed light on the value of a protected room in the sale price of a home and the rent that can be charged.

07/08/2025 09:40 Real estate Arik Mirovsky

06 August 2025

KSP sells 30% stake to institutional investors

KSP founders Zeev Sorkin and Yaakov Prilock will receive NIS 700 million, "Globes" has learned.

06/08/2025 18:56 Retailing Netanel Ariel
Azrieli Group to buy ZMH Hammerman at NIS 873m valuation

The Israeli shopping malls and offices giant, which will buy a 67% stake in the residential development and construction company, raised its valuation by NIS 18 million.

06/08/2025 16:11 Real estate Eitan Gerstenfeld
Israeli fintech co Capitolis raises $56m

Capitolis has developed a platform enabling banks and financial institutions to optimize their efficiency in capital markets through synergy and collaboration.

Wix jumps, after beating analysts and raising guidance

Wix CEO: Looking ahead, we’re thinking bigger - not just transforming website building, but unlocking new markets enabled by AI, such as vibe coding.

06/08/2025 13:00 IT Shiri Habib-Valdhorn
Israel Tax Authority targets fictitious invoices

By closing loopholes in company reporting, the Tax Authority hopes to clamp down on fictitious invoices, which cost the state billions of shekels annually.

06/08/2025 11:27 Legal Amiram Gill
Norway's wealth fund ordered to review Israel investments

The Norwegian government has expressed its unease about the fund's investment in Beit Shemesh Engines, which a local media outlet claims is connected to the war in Gaza.

06/08/2025 07:05 Politics Globes correspondent

05 August 2025

Two Tel Aviv penthouses for sale at NIS 160m each

The seafront penthouses in the David Promenade Residences are adjacent, so one buyer could join them together.

05/08/2025 20:09 Real estate Hilit Yanai-Levison
Elbit becomes Israel's most valuable co on Wall Street

The Israeli defense electronics company has leapfrogged cybersecurity company Check Point.

Yotpo lays off 200 as AI hits headcount

Introduction of AI technologies and selling divisions will streamline the company.

05/08/2025 16:04 Start ups Assaf Gilead
Battle heats up to house Nvidia's Israel campus

With the deadline passed, the US chip giant must choose from dozens of offers from the Israel Land Authority, municipalities, local and regional authorities, and even the Agriculture Ministry.

05/08/2025 15:22 Real estate Yuval Nisani
What's been weighing on Check Point?

It looked as though investors penalized Check Point for the Palo Alto-CyberArk deal, but in fact it has an entirely different approach to network security.

05/08/2025 15:16 IT Assaf Gilead
Shekel weakens sharply amid security, political uncertainty

But analysts still see the shekel strengthening in the medium to long term.

05/08/2025 14:12 Market Globes correspondent
Comprehensive rebuilding of missile-hit areas nears approval

The inter-ministerial committee dealing with the damage by Iranian missiles is close to agreeing a plan for urban renewal projects that can include undamaged buildings.

Tower beats analysts, sees accelerated second half growth

CEO Russell Ellwanger: The momentum we have gained in our RF infrastructure business, driven by data centers and AI expansions, is particularly noteworthy.

05/08/2025 10:16 IT Shiri Habib-Valdhorn
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