MARKET

The IT services company is seeking to raise NIS 120 million.

The ReDrone modular, multi-sensor, and multi-mission system is part of Elbit’s advanced EW, Radars, and SIGINT portfolio.

The Or Akiva-based medical device company is developing the Nautilus device for aneurysm treatment.

El Al has increased its number of weekly flights: to Paris from 23 to 25; to Vienna from five to six; to Frankfurt from six to eight; to Zurich from seven to nine; and to Munich from five to six.

Bank of America has raised Teva's price target to $26 per share and Cantor Fitzgerald has raised Wix's price target to $260 per share.

Minister of Labor Yoav Ben–Tzur declares that will not adopt the inter-ministerial committee's recommendation to end recognition of accidents to and from work as work accidents.

The dollar is strengthening worldwide after reports in the US that President elect Donald Trump will declare a national economic emergency to provide legal justification for his new tariff program.

Metropolis carries out urban renewal projects in central Israel. The deal values it at NIS 800 million.

An inter-ministerial committee recommends that accidents on the way to and from work should no longer be recognized as work accidents.

Innoviz says that the collaboration represents a major leap forward in the car industry's transition to AI-based systems and higher performance.

Over the past year the Ramat Yohanan-based plastics company has risen 132% in value.

The €65 million procurement will be delivered by the Israeli defense electronics company in cooperation with German-French company KNDS, "Defense News" reports.

Governor of the Bank of Israel Amir Yaron: Inflation hurts the weaker sections of the population more.

The offering by the Israeli company, which has developed digital experiential documentation in amusement parks was led by the provident and mutual funds of Mor Investment House and the mutual and hedge funds of IBI.

The Israeli auto-tech chip company will work with Nvidia to enhance free space mapping and AI-driven capabilities to further advance the automotive industry.

While the previous rounds of layoffs were carried out by the then CEO Zvi Lando, the current round is being led by new CEO Shuki Nir.

Analysts still rate the cybersecurity company, the fourth most valuable Israeli company on Wall Street, as underpriced.

The company reported winning two contracts for its public safety solutions in Kentucky.

Dr. Eyal Bressler & Co. specializes in intellectual property, and will expand Amit Pollak Matalon's services to include patents registration.

The bank claims that its new offer is better for Isracard shareholders than the agreement just signed with Delek Group.

Despite the war, only 2021 was a better year for Israeli pension, provident and advanced training funds over the past decade.

Throughout 2024, as the dollar outperformed against most major currencies, the shekel-dollar rate has been relatively stable, closing up 0.027% today at NIS 3.647/$.

Delek Group is in pole position to buy control of the credit card company after improving its offer and remarks by Isracard's board that it prefers its bid.

The Ra'anana-based military stabilized camera provider's share price jumped again yesterday after issuing a positive growth forecast for 2025.

The eight month delay in US approval of the deal saw Nvidia's share price rise over 70%, which will suit the Israeli company's founders and employers who will be paid in shares to remain with Run:ai.

The bank's 2025-2028 early retirement plan is expected to result in savings of about NIS 300 million per year before tax.

The Israeli airline will reconsider the situation at the end of March after an Azerbaijan Airlines aircraft crashed making an emergency landing last week, after Russian air defenses identified it as a hostile plane.

Bank of Jerusalem is bidding to make a reverse merger into Isracard in an all-share deal at a company valuation of between NIS 3.8 billion and NIS 4.2 billion.

The campaign opposes the $250 million deal signed between Israeli defense electronics company Elbit Systems and Denmark's army for the supply of artillery and rocket launchers.

One highly successful software IPO has raised expectations of better times ahead for tech companies seeking to go public, with several Israeli startups poised to take advantage.

Idan Ofer's Kenon Holdings sold 9.1 million shares in the shipping line for $178 million.