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26 July 2017

Ryanair Low-cost carriers boost tourism to Eilat

Since the start of 2017, the number of international passengers arriving at Ovda airport near Eilat has risen by 33%.

Ofer Haviv  photo: Tamar Matzafi Evogene and DuPont team to improve corn yields

The agreement encompasses R&D for microbiome-based seed treatments in corn.

Smart car Maniv Mobility closes $40m auto-tech VC fund

The fund, which is dedicated to smart car startups, has already invested in 15 companies, most of them Israeli.

26/07/2017 16:03 Start ups Tali Tsipori
Dan Adika and Nir Nahum Photo: Shlomi Yoseph Website navigation co WalkMe raises $75m

The latest funding will enable the Israeli company to evaluate strategic acquisition opportunities and strengthen its global reach.

26/07/2017 15:15 Start ups Tali Tsipori
London Stock Exchange Photo: Blake Ezra Taptica founders sell shares for $51m in AIM offering

The Israeli mobile ad company has seen it market cap increase 173% since its IPO in 2014.

26/07/2017 14:57 IT Tali Tsipori
BrandTotal founders Photo: PR Israeli brand data co BrandTotal raises $2m

The Tel Aviv based company's solution helps marketers and brands gain valuable insight into their competitors’ dark marketing campaigns.

Shlomo Filber Communications Ministry head barred from ministry

Shlomo Filber, suspected of fraud and breach of trust in the Bezeq affair, has been released from house arrest but barred from his office.

Outbrain Outbrain buys Slovenian adtech co Zemanta

The Israeli content recommendation company's global network and Zemanta’s platform, will enable marketers to deliver scale, brand safety, and user engagement in one offering.

Netflix in Hebrew Photo: Screenshot Netflix launches full Hebrew TV service

Netflix has dubbed or subtitled in Hebrew 75% of its content and will offer Israeli TV series. The Hebrew service costs NIS 29.90 per month.

Dollars Photo: Shutterstock Israeli startups raise $400m in June

After raising $2.3 billion in the first half of the year, the country's startups have started the second half of 2017 at a blistering pace.

26/07/2017 10:35 Start ups Tali Tsipori
Mobileye Photo: PR Hebrew U prof to pay $854,000 for Mobileye insider trading

Genetics Prof. Ariel Darvasi has settled with the US SEC over purchase of shares ahead of Intel's $15.3 billion acquisition announcement but has not admitted guilt.

26/07/2017 07:55 Legal Globes correspondent

25 July 2017

Tel Aviv Bauhaus building bought for NIS 35m

The Yaffo-Tel Aviv company will offer apartments for sale starting at NIS 3.5 million for a 50-sq.m. apartment.

25/07/2017 19:12 Real estate Shlomit Tsur
More suits filed against Israeli binary options cos

Switzerland's Martin Nicholson is suing IT Binary Options and Oren Shabat for €118,600 and Canada's John McMillan is suing Shay and Yehoram Hillel's IGMD for $51,436.

25/07/2017 18:03 Legal Ela Levi-Weinrib
Israeli digital farming co Prospera raises $15m

The Tel Aviv based company's digital farming system collects, digitizes, and analyzes vast amounts of farm data and optimizes all aspects of production, from agronomy to labor management.

25/07/2017 16:16 Start ups Tali Tsipori
Cyber security co PerimeterX raises $23m

The Israeli company will use the new funds to accelerate the development of its bot attack prevention technology.

25/07/2017 16:00 Start ups Tali Tsipori
Gett launches shuttle, shared ride services

The new minibus services will mainly target large businesses and organizations transporting employees to and from work.

Israeli analytics co iguazio raises $33m

The Herzliya company's Continuous Analytics Data Platform has redesigned the data stack to accelerate performance in big data, Internet of Things (IoT) and cloud-native applications.

25/07/2017 14:00 Start ups Tali Tsipori
Israeli web, app monitoring co SimilarWeb raises $47m

More than half of the Fortune 100 companies rely on SimilarWeb’s market intelligence solutions.

25/07/2017 14:00 Start ups Tali Tsipori
Digital health big data co Somatix raises $6m

The Israeli company's BMD Management platform allows physical and emotional medical symptoms to be observed from the simplest hand gestures.

25/07/2017 13:16 Healthcare Globes correspondent
Shekel strengthens as security situation eases

The shekel is stronger today as trading on the foreign currency markets remains volatile.

25/07/2017 12:01 Market Globes correspondent
Al-Aqsa metal detectors removed; Amman embassy staff return

The metal detectors and CCTV cameras installed at the entrance to Al-Aqsa Mosque in Jerusalem will be replaced by "smart technologies".

25/07/2017 09:55 Politics Globes correspondent
Israeli cyber security co Nyotron raises $21m

The company has also appointed former McAfee executive Peter Stewart as CEO.

25/07/2017 09:02 Start ups Globes correspondent

24 July 2017

Teva's employees in Israel take industrial action

In response to planned layoffs, Teva Kfar Saba union chief Eliran Kozlik says senior management must pay the price for failure not workers.

24/07/2017 18:50 Healthcare Shiri Habib-Valdhorn
Reducing sugar boosts Israeli ketchup sales

Both Osem and Heinz have introduced ketchups with less sugar and sodium as food health labeling looms.

24/07/2017 18:38 Basic industries Shany Moses
Stem cell co Brainstorm awarded $16m ALS grant

The California Institute for Regenerative Medicine (CIRM) will support a Phase III study for the treatment of amyotrophic lateral sclerosis (ALS).

24/07/2017 16:35 Healthcare Gali Weinreb
App security co Checkmarx buys UK co Codebashing

The Israeli company says it plans making more acquisitions.

Ratio reports potential for 100m barrels of North Sea oil

The Israeli energy exploration company has a 15% stake in one field and a 10% stake in the other.

24/07/2017 15:20 Energy Sonia Gorodeisky
Trading in Tamar Petroleum opens at loss on IPO price

Yitzhak Tshuva refused to cut the company valuation, and foreign investors stayed away.

24/07/2017 14:33 Energy Nitzan Cohen
Security tensions weigh on shekel

The shekel is losing ground against the dollar and euro due to geopolitical concerns.

24/07/2017 14:29 Market Nadav Schachter
BIRD Foundation funds three homeland security projects

The projects were selected by the US Department of Homeland Security and Israel's Ministry of Public Security.

Tension rises with Jordan after embassy guard shoots two

Jordan is refusing to allow the security guard, who was defending himself against a stabbing attack, to leave the country.

24/07/2017 10:48 Politics Globes correspondent
Israeli pharma co NeuroDerm sold for $1.1b

The buyer, in the largest ever acquisition of an Israeli pharmaceuticals company, is Japan's Mitsubishi Tanabe Pharma Corporation.

24/07/2017 09:25 Healthcare Gali Weinreb

23 July 2017

Sol-Gel reports positive Phase II acne trial

The company combined two acne drugs, and says its method could become the global leader.

23/07/2017 21:05 Healthcare Gali Weinreb
Design chosen for IDF Jerusalem Ein Kerem campus

The winning design for the college campus was from the Eliakim Architects firm.

Phibro Israel signs Indian MoU

Zydus Cadila will set up a plant in India to produce Phibro's vaccinations and drugs for animals.

23/07/2017 17:29 Agritech Gali Weinreb
Amdocs extends Ra'anana lease by 10 years

The Israeli company will pay NIS 41 million annually, up from NIS 35 million on the previous lease.

23/07/2017 17:12 Real estate Dror Marmor
Digital marketing co Operad buys iCommerce

The acquisition will enable Operad to expand its e-commerce solutions and to provide clients with services on international platforms like Ebay, Amazon etc.

Apartments sold and rented

A selection of recent real estate deals in Israel including in Tel Aviv, Ramat Gan, Herzliya, Modi'in, Hadera and Arad.

23/07/2017 16:10 Real estate Ori Chudy
Haredi city Elad to double in size

The Ministry of Construction and Housing is promoting a roof agreement for 12,500 new homes.

23/07/2017 15:12 Real estate Ori Chudy
Naama Sikuler appointed "Globes" editor

Sikuler has headed the news department at "Calcalist" for the past five and a half years

Teva to lay off 300-350 in Israel

The pharmaceutical company has said it is beginning talks with the Histadrut about layoffs at the Kfar Saba and Ramat Hovav plants. the Histadrut called a work dispute.

IDB Development ensures NIS 560m bond issue

5% interest was set for the bonds, compared with the 6.8% maximum set for the tender.

Elovitch barred from Bezeq, Yes offices for 60 days

Bezeq CEO Stella Handler can resume her position but cannot handle regulatory matters.

23/07/2017 12:34 Legal Malka Radoszkowicz
India's Reliance invests $25m in Jerusalem incubator

Reliance will hold a 20% stake in the Israeli incubator in partnership with OurCrowd, Motorola Solutions, and Yissum.

23/07/2017 12:19 Start ups Globes correspondent
Mahmoud Abbas halts security cooperation with Israel

The move is intended to put pressure on Israel to remove security gates for Muslim worshipers wishing to enter the Temple Mount.

23/07/2017 11:34 Politics Globes correspondent
Michael Ganor turns state's witness in submarines affair

Ganor represented German conglomerate ThyssenKrupp in the deal to sell submarines and marine installation protection vessels to the Israel Navy.

23/07/2017 10:02 Aerospace & defense
Kenon in talks to sell IC Power

Separately, Yoav Doppelt has tendered his resignation as Kenon Holdings CEO.

20 July 2017

TGI survey: Weekend "Israel Hayom" overtakes "Yedioth"

All of Israel's national newspapers saw declining exposure in the first half of 2017. 

YD More Investments raises NIS 65m in first stage of IPO

The auction for financial institutions was oversubscribed by NIS 280 million.

20/07/2017 18:34 Financial services Ron Stein
Machine learning co Dynamic Yield raises $31m

Deutsche Telekom and La Maison have joined the $22 million round announced last December.

20/07/2017 17:03 Start ups Globes correspondent
Tower Semiconductor nears NIS 10b market cap

Tower, which now specializes in analog chips, has seen its share price double over the past year.

20/07/2017 16:26 IT Kobi Yeshayahou
MediWound expands US Defense Department agreement

The US Biomedical Advanced R&D Authority (BARDA) will inject $32 million more into developing the Israeli company's burns treatment.

20/07/2017 15:39 Healthcare Gali Weinreb
Gamida Cell awarded $3.5m Israeli gov't grant

Gamida Cell is developing cellular and immune therapies for the treatment of cancer and orphan genetic diseases.

20/07/2017 15:19 Healthcare Globes correspondent
Check Point's Shwed: Cyber attacks can be prevented

Check Point reported strong second quarter results today.

20/07/2017 14:18 IT Shiri Habib-Valdhorn
Netanyahu - German submarine deal will be done

The prime minister insisted that he has no connection whatsoever to the submarine affair.

Chinese fund buys Camtek's PCB business

Shanghai-based Principle Capital will pay up to $35 million and the Israeli company will now focus on chip inspection and metrology.

20/07/2017 13:26 IT Globes correspondent
HPE to pay NIS 1.6b tax on Mercury acquisition

The international arbitrator ruled in favor of the Israel Tax Authority in the 2006 deal.

Shekel rebounds strongly in volatile trading

The shekel has lost 2% against the euro and 1.5% against the dollar since last Friday's unexpected 0.7% fall in the CPI.

20/07/2017 10:21 Market Globes correspondent
Wizz Air in advanced talks to open Israel base

The Hungarian low cost carrier's CEO Jozsef Varadi has told "Yediot Ahronot" about Wizz Air's plans.

20/07/2017 08:43 Tourism Simon Griver

19 July 2017

Noble Energy to procure services from Israel Shipyards

The agreement is for 34 months with extension options totaling up to three years.

19/07/2017 21:10 Basic industries Aviv Levy
Israel's AppDate takes Tinder one step further

The innovative dating app enables users to add a short selfie video to their personal profile.

19/07/2017 17:45 Start ups Eitan Baigel
Andersen Tax opens Israel office

Beneli Tax Boutique has formally adopted the Andersen name as a member firm of Andersen Global.

19/07/2017 17:29 Legal Globes correspondent
Spreadsheet management co DataRails raises $6m

The Israeli company upgrades Excel into a smart spreadsheet management and organizational tool.

19/07/2017 16:02 Start ups Tali Tsipori
Big commissions development of delivery drones

Terrascan will develop the drones for the Israeli shopping mall company's ecommerce project.

19/07/2017 15:20 Retailing Eitan Baigel
Leviathan 5 drilling confirms presence of gas

A new platform ordered for Leviathan will save on drilling costs.

19/07/2017 14:48 Energy Globes correspondent
Israel's Qumra Capital raises $115m second fund

The Tel Aviv-based late stage venture capital fund invests in startups looking to boost sales and marketing activities of their products and services.

Rapac signs Energean Karish gas deal

Gas will be supplied to two power stations that Rapac, Energean's third customer in Israel, is building in the north.

19/07/2017 14:20 Energy Sonia Gorodeisky
IVC-ZAG: Israeli startups raised $1.3b in Q2

This was down from the record $1.7 billion raised in the second quarter of 2016 but still the second largest amount in the past five years.

AI fashion shopping co Syte.ai raises $8m

The Israeli company has developed a visual search engine for fashion products.

19/07/2017 10:22 Start ups Globes correspondent
Shekel slide continues

Market traders have told "Globes" that concern for the Netanyahu government as the German submarine probe deepens is weakening the Israeli currency.

19/07/2017 09:26 Market Globes correspondent

18 July 2017

Weak overseas demand for Tamar Petroleum

Delek Drilling will post a $550 million capital gain and distribute most of it as a dividend.

18/07/2017 18:58 Energy Kobi Yeshayahou
Estonian co buys InSight Biopharmaceuticals

A court approved the sale of the company, which is in liquidation.

18/07/2017 18:56 Healthcare Gali Weinreb
Biological diversity receives NIS 400,000 boost

A commercial infrastructure facility in the Negev has a hothouse with a unique strain of garlic.

18/07/2017 17:28 Environment Gali Weinreb
Securities Authority raids Spacecom's offices

The measure was part of expansion of the investigation of Shaul Elovitch to include a deal between Spacecom and Yes.

18/07/2017 17:26 Legal Globes correspondent
Autotalks opens offices in Japan and Korea

These offices will provide close local support to car manufacturers and automotive Tier-1 suppliers across Asia and the Pacific.

18/07/2017 14:59 Start ups Globes correspondent
Israel Aerospace, Honeywell team on anti-jamming

As part of an MOU, IAI and Honeywell are aiming to engineer, manufacture and market a combined GPS Anti-Jam combined solution.

Knesset enacts Fair Rents Law

The law defines housing that is fit to live in but does not include any restriction on raising rents.

Israel Tax Authority arrests online traders


Two Israeli online traders who failed to report their income were arrested as the Tax Authority targets ecommerce.

18/07/2017 12:31 Legal Ela Levi-Weinrib
Shekel depreciation intensifies

The Israeli currency is at its weakest for eight months against the euro.

18/07/2017 12:23 Market Yossi Nissan
Apps creation co AppsVillage raises $1m

The Israeli company's mobile app creation platform that enables small, medium and large businesses to create engaging professional Apps in a snap.

S.AL. group sold to Sky, Kedma funds

The funds paid NIS 195 million for 70% of the group's shares.

18/07/2017 11:48 Basic industries Aviv Levy
Germany defers submarines deal

Signing of the MOU on the completion of the sale of three submarines to Israel has been postponed pending the outcome of the corruption probe.

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