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Larnaca  photo: Shutterstock Charlie Airlines to operate flights to Cyprus

There are already 55 regular weekly flights between Ben Gurion Airport and Larnaca.

Hainan Airlines Hainan Airlines to launch Tel Aviv - Shanghai flights

The Chinese airlines wants to operate three direct flights a week on the route.

JFrog JFrog buys Israeli bot automation co Dimon

Dimon's team will join JFrog's Tel Aviv R&D center.

High demand for US co Waterstone Properties TASE bond

Waterstone hopes to complete a NIS 450 million bond issue in the coming days.

Bank Leumi Q1 profit jumps

Bank Leumi will distribute a NIS 124 million dividend - its first dividend in six years.

Shekels Photo: Shutterstock BoI sits on side as shekel-dollar rate falls

The shekel-dollar rate has hit a new 3-year low but there has been no intervention from the Bank of Israel.

Gideon Tadmor and Richard Gere Photo: Rafi Deloya TASE gives green light to int'l film producers

Limited partnerships have thus far been allowed to raise money on the Tel Aviv Stock Exchange only for Israeli movies.

Patrick Drahi Photo: Alon Ron Drahi slams Israel's confused regulation

Hot controlling shareholder: No telco will invest under the existing conditions in Israel.

Hedva Ber Hedva Ber warns on growing household debt

Supervisor of Banks: Credit is like salt - too much tastes bad and is unhealthy.

Max Brenner Photo: PR Strauss Group sells Max Brenner for $5m

The Israeli company is selling the international chain of restaurants and “chocolate bars” to its Israeli franchisees Yaniv Shtanger and Dudu Vaknin

Ran Bukshpan Photo: Jonathan Bloom Telrad raises NIS 80m in TASE IPO

Existing shareholders in the wirless communications network company sold shares for the same amount.

Cofix Cofix to expand worldwide

Six months after its Russian launch, Cofix is expanding to other countries.

cyber security Microsoft buys cyber security co Hexadite for $100m

The Israeli company has developed software to investigate threats and rate the seriousness of cyber security alerts.

Nir Sztern Photo: Sivan Faraj Cellcom profit plunges 56%

Revenue was down 6% to NIS 959 million.

David Maimon Photo: Sivan Faraj El Al loss widens despite higher revenue

The number of passengers flying El Al at Ben Gurion Airport rose 7% in the first quarter.

Arik Pinto  photo: Tamar Matsafi Bank Hapoalim profit up 13.8%

Return on equity reached 9.2% in the first quarter.

Ori Yehudai  photo: Eyal Izhar Frutarom profit grows 57%

The Israeli flavors and fine ingredients developer expects $2 billion in sales with an EBITDA of over 22% in its core activities by 2020.

Orbotech CEO Asher Levi, photo: Eyal Yitzhar Two arrested in Orbotech tax probe

VP Finance Tal Opher, and Avishay Bardugo, a tax partner at PwC Israel - Kesselman & Kesselman, are suspected of concealing interest on a loan to an Orbotech subsidiary.

Amnon Shashua Photo: PR Will Israeli auto-tech stay Israeli, or go to China?

GM's Herzliya development center is one model for the industry, but Chinese money and ambition may dictate another.

Noam Lanir Ovadia to pay $2m for Babylon translation unit

The arbitrator ruled that Amnon Ovadia had to pay the price agreed in 2014 for the unit.

Teddy Sagi Teddy Sagi buys control of Brack Capital


Sagi is paying NIS 1.1 billion for 44% of the TASE listed company, which invests in German real estate.

Smadar Barber-Tsadik Photo: Tamar Matsafi First Int'l Bank reports higher profit

Net interest revenue grew 6.8% to NIS 562 million.

John Hendrickson Perrigo restates 2016 results

The company posted a GAAP-based net loss of $4 billion for the year.

Orbotech CEO Asher Levi, photo: Eyal Yitzhar Israel Tax Authority demands NIS 207m from Orbotech

Tax Authority investigators have raided Orbotech's offices. The company says it will appeal against the assessment.

Sports channel Photo: PR Partner TV to offer 5 RGE sports channels

The Sport 5 and 5 Plus channels will be broadcast on high-definition television.

Windsor hotel in Auckland Photo: Company website US hotel co Windsor Capital Group to raise debt in Tel Aviv

The company seeks to raise $110 million to recycle debt.

Aeronautics observation balloon Photo: PR Aeronautics files for NIS 1.1b valuation TASE IPO

Aeronautics, Israel's fifth largest defense company, controls its entire UAV supply chain.

cyber security Safe-T raises NIS 8.2m in private placement

The company has raised NIS 30 million in two rounds and options over the past month.

Matan Peled and Ami Daniel Photo: Eyal Yizhar Israeli startup Windward enters marine insurance

Windward wants to use its information about ships to rate the risk using a mathematical model.

Mobileye logo Photo: PR Mobileye plans 30-floor Jerusalem HQ

The car sensor and mapping developer plans expanding its work force from 660 to 4,000 by building a new campus.

Shekels Photo: Shutterstock BoI lost NIS 5.3b in shekel appreciation in 2016

The shekel continues to strengthen against the dollar today with the rate at a new 3-year low.

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