News

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.

The Tel Aviv-based company is laying off 200 of its 500 employees.

600 employees will lose their jobs while an additional 300 employees will be transferred to the US company’s production line in Tefen for jet engine blades.

The investment comes following positive results in an initial efficacy trial, Phase IIa, in which an improvement in lung function was demonstrated in some 70% of patients.

The Tamar field is Israel’s second largest in terms of gas reserves but is now the largest in terms of production.

Israel’s economy shrank by an annualized 3.8% in the first quarter of 2026, according to the second assessment by the Central Bureau of Statistics.

The donation by the Jusidman family of Mexico will enable the Reuth Association to build its new rehabilitation hospital at Sde Dov.

The latest measures have been taken two years after the sweeping ban that applied to Israeli companies from participating in Eurosatory in 2024.

Victory Supermarket Chain revealed that NIS 99 million of its first quarter sales were to the Gaza Strip. The sales were under an official arrangement in force since September 2025.

The Consumer Price Index in Israel fell more than expected in May, while home prices were lower.

Keystone Fund has bid NIS 4.35 billion after last month Generation Capital bid NIS 4.2 billion.

NewCore has entered the crowded and competitive market of identity and authorization management in organizations.

The Canadian fintech company is paying a 9.6% premium on Payoneer’s share price on Nasdaq.

Following the acquisition for more than $250 million, the Canadian identity security company will establish a development center in Israel.

The Israeli satellite company will pay $157.5 million for Comtech’s division, six years after Comtech’s deal to buy Gilat for $577 million collapsed.

Investors apparently see the agreement as disadvantageous for Israel. "Globes" talks to analysts about the market's reaction..

monday Ventures will invest in Israeli companies innovating in the world of work.

"The urgent re-opening of the Strait of Hormuz with unconditional and unrestricted freedom of navigation is essential” a joint statement by European leaders says.

Minister of Transport Miri Regev says that if a decision is not taken within the next 48 hours to move the 72 US refueling planes parked at Ben Gurion airport, 2.4 million airline tickets will need to be canceled.

Check Point, which not long ago was Israel’s most valuable company on Wall Street, has now slipped to sixth place behind Teva, Elbit Systems, Tower Semiconductor, Nova, and Enlight Renewable Energy.

The businessman is paying NIS 24 million for the apartments in the RAYK Borochov project in Kiryat Yovel.

A selection of recent real estate deals in Israel including in Jerusalem, Givatayim, Rehovot, Binyamina, Shlomi, and Yerucham.

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

Oran Holtzman's online cosmetics company was riding very high indeed until it hit a snag with its main advertising partner.

The defense company has one of the largest fleets in the private sector in Israel. The IDF and Israel Aerospace Systems have lately made similar moves.

The eight-floor hotel will be constructed on top of a new hold baggage screening building next to Terminal 3.

Despite talk of foreign residents rushing to buy homes in Israel amid rising antisemitism abroad, purchases by foreign residents amounted to just 77 apartments in April, according to the Ministry of Finance chief economist.

After 35 years as the controlling shareholder in the income producing real estate company Katzman is looking to relinquish control.

The Israeli company and Anduril have signed a strategic teaming agreement to offer the SIGMA NG Mobile Tactical Cannon for the US Army’s Self-Propelled Howitzer Modernization program.

Nvidia Senior Director of HPC and AI Hyperscale Infrastructure Solutions Dion Harris tells “Globes” that Nvidia acquired Mellanox after identifying the need to expand and develop AI.

The Israeli currency has lost ground over the past week after strengthening significantly in recent months.

The company’s cloud security platform creates added value, particularly for organizations in the process of migrating to the cloud or M&A processes.

The cybersecurity company has now raised $2.3 billion and is the second most valuable Israeli privately-held tech company after VAST Data.

Israel-founded Payoneer provides small and medium-sized businesses with a solution for carrying out cross-border transactions.

Teva had been in talks to sell its active pharmaceutical ingredients activity but a deal never materialized.