Gil Sharon Photo: Tamar Matsafi

Gil Sharon, Elco pull out of Golan acquisition

The only potential buyer left in the race for Golan Telecom is Hezi Bezalel.

unemployment picture: Eyal Yitzhar Israel's unemployment rate reaches new low

Israel's unemployment rate fell from 4.7% in July to 4.6% in August, the Central Bureau of Statistics reports.

Tel Aviv seafront Foreign tourist overnights down 15% in August

Israeli overnights totaled 1.76 million, 4% less than in August 2015, The Israel Hotel Association reports.

satellite New system gives pinpoint navigation in Israel

Precision in GPS navigation will improve from ten meters to one meter.

diamond exchange 4 arrested over unreported HSBC Swiss accounts

The Menachemov brothers - diamond dealers - have been released on bail after surrendering their passports.

Tel Aviv Stock Exchange Photo: Eli Yizhar Salaries of TASE employees skyrocket

The average monthly Tel Aviv Stock Exchange salary cost has risen from NIS 17,000 in 2000 to NIS 45,000 today.

school classroom Israeli teachers worst paid in OECD

Israeli elementary school teachers earn less than in all the other OECD countries, a new report finds.

David Drei Photo: PR Israeli anomaly detection co Anodot raises $8m

The Ra'anana-based company can help prevent billions of dollars of losses through its real-time anomaly detection and machine learning.

SafeShoot Photo PR Israeli startup SafeShoot prevents friendly fire casualties

The system warns soldiers or hunters about to shoot at their comrades.

traffic jams Israel's roads increasingly congested

The figures highlight the Israeli government's ongoing failure to promote the use of public transportation.

BusinessWire
Thu: Banks lead strong rise

A very positive final session lifted the Tel Aviv Stock Exchange to a 1.9% weekly rise, with Bank Leumi, Bank Hapoalim, and Discount Bank prominent.  

Apartments in Beersheva Mortgage taking dips

Mortgages taken in August totaled NIS 5.5 billion, down from NIS 6.23 billion in the same month last year.

cannabis  photo: Kfir Ziv Hebrew U agri-tech fund investing in cannabis co

Cannabi-Tech's device detects, analyzes and sorts medical cannabis.

Lev Leviev  photo: Tamar Matsafi Lev Leviev buys house from Arnon Mozes - report

Leviev paid NIS 10.5 million for the Savion home for his son Shalom, the 7th Eye website reports.

Shmuel Zucker Photo: PR 7 groups to bid in huge IDF data centers tender

The Israel Defense Ministry's largest-ever technology tender, which will consolidate dozens of IDF data centers, is getting underway.

Shekels Photo: Shutterstock Fed boosts shekel against dollar

FXCM Israel: The Fed has cut its growth forecast, lowering rate hike expectations this year.

deal  merger  picture: photo to go CA Technologies buys Israeli co BlazeMeter for $100m

With offices in Tel Aviv and Palo Alto, BlazeMeter has developed open source-based continuous application performance testing.

Jon Medved Photo PR Israeli crowdfunding co OurCrowd raises $72m

The Jerusalem-based crowdfunding platform has to date invested over $300 million in 100 portfolio companies and funds.

Yossi Beinart Photo: Ella Faust TASE CEO Yossi Beinart quits

The TASE is in crisis, with declining revenue and an acute labor dispute.

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