shekels

Shekel firm at end of volatile week

Although stronger on Friday morning, the Israeli currency lost 1.2% against the dollar this week.

Cellcom Cellcom considers buying Golan Telecom

The veteran Israeli mobile carrier has notified the TASE that it is considering the acquisition of its rival.

Galia Maor and Eitan Raff Bank Leumi execs may have to hand back bonuses

A Bank of Israel report expects Eitan Raff, Galia Maor and Zvi Itskovich to return bonuses because of the US tax evasion affair.

Opportunity for new start with Israel Tax Authority

The "voluntary disclosure" procedure offers a chance to settle past tax debts without fear of criminal proceedings.

Manufacturers: Palestinians flooding Israel with sub-standard products

The Manufacturers Association of Israel says water heaters and solar systems carry forged standards certification.

Lev Leviev Russian asset revaluations widen Africa-Israel's loss

Africa-Israel reported a second quarter loss of NIS 179 million, and its shareholders' equity shrank by NIS 364 million. 

Thu: Tel Aviv 25 down 5.8% for week

The TASE closed a difficult week with a slight rise today. Leading stock Bank Leumi fell, but there were rises for Teva, Bank Hapoalim, Discount Bank and Perrigo.

Iris Stark Making Israel's third sector more transparent

22,000 NPOs operate in Israel, and the time has come for new arrangements to increase transparency, says Iris Stark CPA.

start up  picture: shutterstock Israeli Internet-of-Things co Augury raises $7m

The predictive machine diagnostics company is attempting to redefine the predictive maintenance market.

foreign currency Israeli document app co Docady raises $1.5m

The new funding will be used to expand to additional platforms such as Android.

IAI Israel Aerospace Industries signs Japanese cyber deal

IAI will supply Dai Nippon Printing with its cyber training platform.

Bechor Ronen

CEO and Owner Elsmed Group

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BusinessWire
Tamar Turkish expert: Egypt not an option for Israeli gas

Nusret Comert says Turkey will pay more for Israeli gas, and be a more reliable source of demand.

Israel Police helicopter Elbit Systems wins $115m Israel Police helicopter deal

The contract will be performed over 20 years, and will include acquiring six new helicopters.

Abu Mazen Abu Mazen's $13m Ramallah palace angers Hamas

The PA is supposedly unable to pay salaries to its workers.

new apartments Israel's Treasury to promote home lease and buy plan

Tenants would pay a 10% deposit and own apartments after renting for 18 years.

Michael Golan  picture: Tamar Matzapi French MP may have asked PM to help Golan Telecom

French National Assembly member Meyer Habib might have lobbied Netanyahu on behalf of Golan Telecom.

cyber security Cyber security co Safe-T files to raise $15m on TASE

The Israeli company's Tel Aviv Stock Exchange IPO will be at an estimated company value of $70 million.

Yossi Vinitski "Money will continue to pour into venture capital"

Poalim Hi-Tech head Yossi Vinitski surveys Israel's high-tech scene from the investor’s perspective, and insists there's no bubble.

shekels Shekel continues to weaken against dollar

FXCM Israel: The shekel is at its weakest against the dollar since April.

Golan Telecom Golan Telecom up for sale

Shares of rival mobile carriers are rising sharply while the Israeli consumer will pay the price if Golan disappears.

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