20 June 2018
Shekel stronger as trade jitters ease
With annual inflation at 0.8%, near the government target of 1%-3%, there is growing confidence that the Bank of Israel will be able to raise rates in the final quarter of the year.
Elsztain sells 16.5% Shufersal stake
After the sale, Discount Investment Corporation, saw its stake in Shufersal cut from 50.1% to 33.6%, leaving the supermarket chain without a controlling shareholder.
Israeli educational games co TinyTap raises $5m
The funding will be used to launch learning plans in Mandarin, Arabic, and Spanish as well as to promote the company's partnership with Oxford University Press to start a learning plan for English language learners.
12 June 2018
Trump and Kim sign agreement
The summit between US President Donald Trump and North Korea Supreme Leader Kim Jong-un has produced a joint statement calling for denuclearization of the Korean peninsula.