News

YH Dimri sold just nine units in the project in the first quarter, of which four were bought by Dimri family members.

The Israeli technology company will cut 10% of its workforce worldwide including hundreds in Israel, “Globes has learned.”

In confirming that the company is laying off 20% of employees, Avishai Abrahami wrote, “A very meaningful portion of our costs are shekel-denominated, while our revenue is largely dollar-denominated.”

As the shekel continues to strengthen, “Globes” outlines five scenarios that could weaken the Israeli currency.

A new law to be enacted by Turkey next month could thwart the huge underwater power cable project by annexing economic waters claimed by Greece.

The Tel Aviv-Yafo Municipality has decided not to oppose the cancellation of rights restrictions by the District Committee in the building plan for the city center.

The Jerusalem-based company will make cuts as part of a broader restructuring of operations, but it is currently unclear what the final number of layoffs will be, “Globes” has learned.

MarkForged, which provides end-to-end Fused Filament Fabrication (FFF) solutions, had revenue of $70 million in 2025, although one of its production lines will remain owned by Nano Dimension.

The third pipeline has increased annual gas production capacity from 12 BCM to 15.8 BCM, well above the 14 BCM, which was forecast, Leviathan partners report.

Airis Labs turns unstructured visual data from smartphones, social media, digital forensics, security and body cameras, and drones into machine-readable intelligence.

Avishai Abrahami apologized that employees learned about the planned changes from the media rather than the company.

Bluewhite's solutions make off-road and defense vehicles fully autonomous.

In June 2025, an Iranian missile hit the Beersheva hospital's surgical wing, causing huge damage. The new plan includes three 30-floor towers.

The Israeli company, which has developed an enterprise data security platform, says it is fully embracing the changes brought about by AI.

Bank of Israel Governor Amir Yaron has made it clear that inflation is the main concern, leaving exporters to cope with the strengthening shekel.

The two companies are in talks on a share-swap deal, and have a 45-day no-shop agreement.

The medical device company has developed an implant to protect healthy tissue from radiation damage during prostate cancer treatment.

Governor of the Bank of Israel Amir Yaron explains to "Globes" what made an interest rate cut possible, amid continuing risks.

Alongside a 59% rise in quarterly profit, the defense company announced a $1.4 billion modernization contract with a European country.

The Bank of Israel has cut the rate for the third time since November 2025.

With aerial threats persisting, the IDF continues to jam GPS systems to ‘confuse’ drones. “Globes” explains how to cope with the disruptions.

A 177 square meter apartment at 30 Gaza Street in Jerusalem’s Rehavia neighborhood has been bought by foreign residents who plan to immigrate to Israel.

Sources inform "Globes" that Wix, beset by technological changes and financial pressures, is readying for the biggest downsizing in its history.

Water meter tech company Arad has transferred production to Spain, Italy, and Mexico. Manufacturers Association president Avraham Novogrotzky says this is a sign of things to come.

A study by Phoenix Financial finds that lower interest rates will not be enough to make a home purchase attainable for the average Israeli household.

Over 35% of Druze on the Golan Heights now hold Israeli citizenship, with the majority under the age of 30.

The move is designed to curb the monopoly of the banks in credit to small and midsize businesses and boost competition.

Yonalink has developed an AI platform that automates the transfer of data from medical records to clinical research, while maintaining data security and privacy rules.

Israel Aerospace Industries (IAI) last week announced that it had signed an agreement to sell air defense systems to the Ministry of Defense in a classified deal.

A selection of recent real estate deals in Israel including in Jerusalem, Beer Yaakov, Rosh Ha’ayin, Haifa, Yokneam, and Ofakim.

Diehl Group has successfully test-fired 17 Spike LR guided missiles from its Ziesel anti-tank missile system.

Former accountant general Yali Rothenberg explains why Israel's macro success fails to percolate through to everyday life, and what to do about it.

The pharmaceutical company, controlled by FIMI, is one of the oldest in the Israeli economy.

The US defense technology company reported an orders backlog of $457 million and raised its annual revenue guidance.

Dalia has signed the 20-year deal with Leviathan partners NewMed and Ratio with reservoir operator Chevron conspicuously absent.

20% of the workforce in Israel, will be transferred to new jobs in teams dealing with the development of AI, “Globes” has learned.

The software-based system has an advanced AESA transmitter and digital radio frequency memory capabilities, which create signals and confuse radars.

The food company posted a 126% rise in first quarter net profit to NIS 181.

The airline's results were hit by the war with Iran, rising fuel costs, and the appreciation of the shekel.

The financial reports of Israeli residential developers reflect the sluggish market, with some projects even making a loss.

The company was supposed to resume flights on the London-Tel Aviv route on July 1 but announced today that all flights to Israel are canceled until at least August 1, 2026.

Unframe acts as a managed AI delivery platform that turns enterprise needs and use cases into fully tailored, complete AI solutions in days.

The company is seeking a company valuation of nearly NIS 3 billion, well over double the valuation it received when Phoenix purchased a 20% stake in 2022.

With the Knesset election being brought forward, the tight timetable will not allow the measure to proceed.

The Israeli private intelligence agency is leasing the 19th floor in Discount Tower, in addition to the 26th floor, where it already has its offices.

As with the other banks, Mizrahi Tefahot's profit was hit by the special bank surtax.

Excluding the bank surtax, Bank Leumi's annualized return on equity in the first quarter was 15.1%