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22 December 2216

railways Ayalon River diversion decision set for Monday

Diverting Tel Aviv's Ayalon stream will allow the laying of a fourth railway track through the city.

23 January 2017

Police chief: We'll finish Netanyahu investigation in weeks

Inspector General Roni Alsheikh: The argument with the State Prosecutor's Office is mainly about interpretation.

23/01/2017 11:20 Politics Globes correspondent
Shekel strengthens against dollar

FXCM Israel: The dollar has weakened because of fears of an isolationist US under President Trump.  

23/01/2017 09:47 Market Globes correspondent

22 January 2017

Former Hapoalim chairman seeks pardon

Dan Dankner requested a pardon six months ago, but the request is being revealed only now.

22/01/2017 20:52 Financial services Chen Ma'anit
Harvard study finds MedAware cuts prescription errors

The study analysed records from almost 800,000 patients in order to assess the efficacy of MedAware’s algorithm.

22/01/2017 18:09 Healthcare Gali Weinreb
Pluristem raises $15m, Can-Fite raises $5m

Pluristem recently announced the postponement of a $30 million investment agreement with a Chinese investor.

22/01/2017 15:55 Healthcare Gali Weinreb
Wix acquires Israeli CRM co flok

flok's solutions are designed to increase customer value, generate organic referrals and boost small and medium businesses' online presence.

Eli Cohen appointed Minister of Economy

The cabinet also approved the appointment of MK Ayoob Kara (Likud) as Minister without portfolio.

22/01/2017 14:56 Politics Shay Niv
Israel's debt-to-GDP ratio falls

Finance minister Moshe Kahlon described the fall as,  "An achievement for the Israeli economy, the Israeli people, and especially for future generations."

22/01/2017 14:03 Economy Amiram Barkat
Apartments sold and rented

A selection of recent real estate deals in Israel including in Tel Aviv, Herzliya, Modi'in, Kfar Saba and Rehovot.

22/01/2017 13:43 Real estate Ori Chudy
Modiin buys North Sea drilling rights stake

The rights will be purchased from the drilling operator, a partner in the enterprise.

22/01/2017 13:02 Energy Nitzan Cohen
Sara Netanyahu gifted expensive jewelry - report

The Netanyahus allegedly received jewelry costing $8,500 from businessman Arnon Milchan, Channel 2 reports.

Electra Consumer Products launches startup program

In cooperation with TechforGood, the program is aimed at air-conditioning and climate, energy efficiency, and IoT startups.

Eight consortia mull TA light rail operation bids

The tender terms were changed to allow local companies to lead consortia bidding to operate the Red Line in Tel Aviv's light rail project.

19 January 2017

Bank reform proceeds despite BoI objections

A bill enacting the Strum committee recommendations for boosting competition in banking has been submitted to the Knesset.

19/01/2017 20:08 Financial services Irit Avissar
State seeks heavier sentence for Nochi Dankner

The Tel Aviv District Attorney's Office has filed an appeal in the Supreme Court against the sentences handed down to former IDB chairman Dankner and his partner in crime Itay Strum.

19/01/2017 19:13 Legal Chen Ma'anit
Africa-Israel, Netz sell Crowne Plaza hotels

The three Crowne Plaza hotels being sold have a total of 900 rooms.

19/01/2017 15:57 Real estate Aviv Levy
Check Point reports stronger than expected Q4 results

Check Point earned $724.8 million profit on $1.74 billion in revenue in 2016.

19/01/2017 14:03 IT Globes correspondent
Merging water corps would save NIS 500m

Water Authority: Reducing the number of water corporations from 55 to 13 would save NIS 496 million a year.

19/01/2017 13:42 Employment Globes correspondent
Gal Gadot to star in Wix Super Bowl ad

The Israeli actress is appearing in the ad for the Israeli DIY website company.

19/01/2017 13:15 IT Globes correspondent
Ratio Petroleum IPO oversubscribed


Ratio Petroleum engages in oil and gas exploration in Guyana, Malta, the Philippines, and Ireland.

19/01/2017 12:22 Energy Kobi Yeshayahou
Road 1 closes as Harel Tunnels open

The Tel Aviv - Jerusalem highway will be closed from Thursday night at 10 pm until Friday morning at 10 am.

IC Power files for $400m NYSE IPO

The prospectus shows that of the power stations owned by the Idan Ofer controlled company in 11 countries, the OPC plant in the Negev is easily the most profitable.

19/01/2017 08:19 Energy Amiram Barkat

18 January 2017

European interest in Israeli gas deepens

The Energy Ministry director general will meet counterparts from Italy, Greece, and Cyprus to discuss a gas pipeline from the Leviathan reservoir.

18/01/2017 18:33 Energy Amiram Barkat
Arrow 3 operational as new defense era begins

If Israel's first Arrow 3 interceptor misses the target, there will be enough time to launch another missile interceptor.

Electra to build 3 TLV Sarona towers

The land is zoned for construction of 324 housing units in three residential towers, in a vacated section of the government Kirya area.

18/01/2017 17:06 Real estate Ori Chudy
Shufersal recalls frozen vegetables on listeria fears

The suspected presence of the bacteria was discovered in laboratory tests carried out after the product was already on the shelves.

Ceragon ups guidance on $60m Indian deal

The Israeli wireless backhaul specialist has increased its first half 2017 revenue forecast by $20-25 million after orders from an Indian mobile operator.

18/01/2017 15:16 IT Globes correspondent
Pointer enters smart car market

The company will supply 4,000 cars with systems that include Mobileye's technology.

Palestinian Authority hotels popular with tourists

Luxury hotels in Ramallah and Bethlehem are attracting impressive reviews from tourists coming to Israel.

18/01/2017 14:25 Tourism Michal Raz-Chaimovich
Leumi CEO: More cuts on the way

Bank Leumi CEO Rakefet Russak-Aminoach told "Bloomberg" at the 2017 World Economic Forum in Davos that the Israeli bank must continue streamlining.

Megureit buys 45 TLV homes for rent for NIS 71m

The three-room apartments in the Midtown project are on the sixth to 11th floors of a high-rise.

18/01/2017 11:32 Real estate Ori Chudy
Kerry: Netanyahu unilaterally changing peace map

Speaking at the World Economic Conference in Davos, the US Secretary of State for Foreign Affairs accused Israel's Prime Minister of sabotaging any chance of peace.

Shekel stronger amid market volatility

FXCM Israel: The shekel is testing the NIS 3.80/$ threshold, the bottom limit of the current trading band.

18/01/2017 09:59 Market Globes correspondent

17 January 2017

UK Press Association invests in Wochit

The Israeli company enables content producers, including media and publishing companies, to create socially-optimized videos.

Traffic violation fines to be raised

The maximum fine in Israel for serious offenses like going through a red light will be raised to NIS 1,500.

3DSignals helps Enel power co spot major fault

The Israeli company saved hundreds of thousands or millions of euros for the Italian firm.

17/01/2017 17:32 Start ups Nati Yefet
Mobile ad analytics co AppsFlyer raises $56m

The Israeli startup's CEO Oren Kaniel tells "Globes" that his company's services make ads relevant for users.

17/01/2017 17:00 Start ups Tali Tsipori
New office, residence approved for Israel's PM

The Jerusalem District Planning and Building Commission approved the plan for the National Precinct near Jerusalem's western entrance 

17/01/2017 16:36 Real estate Alfi Eliyahu Shauly
Treasury wants tender for Dead Sea concession

Accountant General Michal Abadi-Boiangiu opposes automatically extending Israel Chemicals concession.

Privatequity.biz sells Gett shares

A senior employee of the taxi and delivery app sold his shares on the Israeli secondary market online trading platform for private high-tech companies.

17/01/2017 14:56 Start ups Globes correspondent
Land for solar farms to cost NIS 60-100,000 per acre

Payment for the land will be considered lease fees capitalized over the entire lease period.

17/01/2017 13:02 Real estate Moshe Lichtman
Rent rise in Israel slows drastically

Housing prices are still rising, albeit more slowly, the Central Bureau of Statistics reports.

Elbit wins $17m night vision systems deal

The multi-spectral BrightNite systems contract is for the air force of a NATO country.

IVC: Israeli VC fundraising strengthens

The expected final total of $1.6 billion will be a record for the past decade, IVC Research Center reports.

17/01/2017 12:06 Start ups Globes correspondent
Edeltech to negotiate gas supply from Leviathan

The sides have signed a letter of intent covering the supply of 14.8 BCM of gas over 17 years.

17/01/2017 11:00 Energy Hillel Koren

16 January 2017

Axel Springer denies Yediot Ahronot interest

The German publisher denies reports of talks to buy the Israel newspaper with Benjamin Netanyahu as broker.

16/01/2017 19:08 Politics Yonatan Kitain
Tel Aviv launches carsharing service

The municipality subsidized service will be 30-40% cheaper than taxis.

Cisco wins IDF servers deal

Ministry of Defense: The new systems will save us tens of millions of shekels.

Israel Railways issues signals tender

Alstom, Siemens, and Thales will submit bids within 3-4 months.

Egypt sees gas self-sufficiency by 2018

Egyptian Minister of Petroleum Tarek el-Molla's statement is a major blow to potential Israeli gas exports to Egypt.

16/01/2017 17:00 Economy Nati Yefet
Oracle to open Israel startup cloud accelerator

The new center in Tel Aviv will fuel local cloud-enabled innovation.

16/01/2017 16:27 Start ups Globes correspondent
Hot Mobile offers 3 lines for NIS 90 per month

Hot Mobile is trying to exploit Electra Consumer's acquisition of Golan Telecom to gain subscribers.

Israel's Q3 growth revised upwards

The Central Bureau of Statistics has upwardly revised the third quarter growth figures to 3.6%. 

16/01/2017 15:00 Economy Nitzan Cohen
Tax Authority probing US accounts held by Israelis

The US Internal Revenue Service has given the Israel Tax Authority data on over 35,000 Israelis with US bank accounts.

16/01/2017 11:48 Economy Ela Levi-Weinrib
Netanyahu: Media campaigning to topple me

The prime minister says biased reporting is intended to pressure the Attorney General into indicting him.

16/01/2017 10:57 Politics Globes correspondent
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