Huge oil discovery on Golan Heights

Estimates are that the amount of oil found will make Israel self sufficient for very many years to come.

National Insurance Israel Police uncover major National Insurance fraud

Three suspects have been detained and 10 more are being questioned on suspected systematic fraud worth tens of millions of shekels.

rain Israel's first rains bring power outages

Rain has combined with last month's dust to disrupt the country's electricity supply.

Renting an apartment? Income tax won't exactly help

Families renting a larger home and renting out their smaller home should get a tax break.

Moshe Kahlon Kahlon hails deal to build 20,000 homes in Beersheva

The agreement, signed by the Finance and Construction Ministries, needs approval from the Negev capital’s city council.

Amir Levy MKs blast Treasury official for demographic remarks

Ministry of Finance budget director Amir Levy described Israel's Haredi and Arab population growth as a "national problem."

Israeli farmers Israeli farmers threaten day of rage on imported produce

The Farmers Union will demonstrate outside the Knesset in Jerusalem next Monday.

Rothschild Boulevard Canadian buys 2 Tel Aviv buildings for NIS 100m

Gerald Schwartz has bought the buildings, slated for preservation, at the corner of Rothschild Boulevard and Bezalel Yaffe St.

Tomatoes Israeli tomato prices barely falling

Tomatoes sold for NIS 12-12.50 a kilo on the wholesale market today, only 8% less than at the end of last week.

90min Israeli soccer media platform 90min raises $15m

The contributor-driven soccer media platform will launch an American Sports brand, targeting the US consumer arena with offices in New York.

Ford vehicle Ford cars to integrate Israeli co HearMeOut's voice app

HearMeOut is a voice based social network which allows people to post and listen to audio clips on Facebook and Twitter.

Bechor Ronen

CEO and Owner Elsmed Group

shekels Shekel appreciation maintains momentum

FXCM Israel: The weakening of the dollar is likely to continue and strengthen.

startup CreditEase China closes $30m Israel innovation fund

The fund will invest in startups in technology, media, telecommunications, healthcare and smart materials.

library ProQuest to buy Israeli co Ex Libris for $500m

Ex Libris’ current owner, Golden Gate Capital, bought the software solution company for $250m in 2012.

Tel Aviv seafront Forbes to launch Under 30 Summit offshoot in Israel

Jerusalem and Tel Aviv will host 600 young entrepreneurs for 4 days of networking and pitching in the Startup Nation.

Isaac Mazor Bruker buys Jordan Valley Semiconductors for $53m

Israel's Jordan Valley Semiconductors provides measuring solutions for controlling microelectronics production.

Roy Goldenberg Israeli high tech helps Facebook target Africa

Facebook's Tel Aviv development center and Israel's Amos satellite could bring the social network one billion African users.

Paul Singer and Eugene Kandel Eugene Kandel to head fund to fight BDS

"Bloomberg" reports that Kandel will head a foundation founded by billionaire Paul Singer to combat initiatives to boycott Israel.

Ronen Yehoshua Israeli cyber security startup Morphisec raises $7m

Investors in the Beer Sheva based company include JVP, GE Ventures, Deutsche Telekom, OurCrowd and Portage Advisors.

Tue: TASE bounces back

Israel Chemicals led the market gains with Ormat Technologies, Bank Leumi and Bank Hapoalim also rising strongly.

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