News - Globes
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News - Globes
Chip exports to Ireland behind plunge in Israeli EU exports
Israel’s Ministry of Economy and Industry insists that the decline in chip exports to Ireland is not political but rooted in changes taking place in the global chip market.
9/28/2025, 11:29:44 AM PDT
News - Globes
Israel’s mortgage-GDP ratio among lowest in developed world
Israel’s mortgage-GDP ratio is just 30%, well below Switzerland (131%), the UK (115%), Australia (93%), and Canada (62%), the “Helgi Library” website reports.
9/28/2025, 6:25:00 AM PDT
News - Globes
Gasoline prices in Israel to rise Tuesday night
The maximum price of government price controlled 95 octane gasoline at self-service pumps in Israel will rise on Tuesday at midnight October 1, 2025, by NIS 0.07 per liter.
9/28/2025, 5:00:00 AM PDT
News - Globes
Apartments sold and rented
A selection of recent real estate deals in Israel in Tel Aviv, Kiryat Ono, Rehovot, Karmiel, Ashkelon.
9/28/2025, 3:39:00 AM PDT
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Defense tech co Kela makes first acquisition
The company is buying cloud management platform company Pelanor for an estimated $20-30 million.
9/28/2025, 2:55:00 AM PDT
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Melisron buys control of Kenyon Hazahav mall
Melisron will pay Migdal NIS 818 million for 51% of the land rights in one of Israel's largest malls, with up to 40,000 visitors daily in the holiday season.
9/28/2025, 1:01:00 AM PDT
News - Globes
Ryanair hands Israel ultimatum on flight slots
Ryanair has warned that the Israel Airports Authority slot allocation policy does not allow it to operate in a planned and profitable way.
9/26/2025, 5:55:00 AM PDT
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Spain cancels €207m arms deal with Rafael
Spain is canceling a deal to procure Litening 5 targeting and navigation pods for 46 Eurofighter Typhoon fighter jets.
9/26/2025, 1:10:00 AM PDT
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Microsoft blocks IDF Unit 8200 from using Azure
The move follows a report in "The Guardian" that the technology was used to store thousands of telephone calls of Palestinians.
9/25/2025, 10:50:00 AM PDT
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US co Datavant buys medical insurtech co DigitalOwl
DigitalOwl's technology analyzes and summarizes medical records, serving insurance companies and lawyers.
9/25/2025, 8:09:00 AM PDT
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Citi sees no Israel rate cut this year
Due to lingering inflation and the uncertainties of the war in Gaza, Citi does not see a rate cut before February 2026.
9/25/2025, 2:38:37 AM PDT
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Cyprus deploys IAI's Barak MX air defense system - report
Amid growing tensions with Turkey, Cyprus has deployed Israel Aerospace Industry's Barak MX, the "Army Recognition" website reports.
9/25/2025, 12:25:00 AM PDT
News - Globes
Tel Aviv's Kikar Hamedina undergoes transformation
Three 40-floor residential towers and a large park and lake are in advanced stages of construction.
9/24/2025, 9:23:08 PM PDT
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Israeli fintech co Tipalti raises $200m
The finance automation company has raised the money just two months after implementing a streamlining process that included major layoffs.
9/24/2025, 9:50:00 AM PDT
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El Al appoints Levy Halevy as CEO
Halevy, who currently serves as CEO of credit card company ICC-CAL, will replace Dina Ben-Tal Ganacia.
9/21/2025, 11:08:05 AM PDT
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House on Galilee kibbutz sold for NIS 5.05m
The amount paid for the house on Hagoshrim is the second highest price paid for a home in the Galilee.
9/21/2025, 6:22:05 AM PDT
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Hapoalim gifts shares to 394,000 customers
Bank Hapoalim's stock is currently trading at NIS 62.85, and those who invested in the bank's shares a year ago have recorded a return of almost 88%.
9/21/2025, 4:19:19 AM PDT
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Navan files prospectus for Nasdaq IPO
The travel booking company's most recent financing round was in 2022 at a valuation of $9.2 billion, according to PitchBook, but the company may have to settle for a lower valuation in its IPO.
9/21/2025, 12:32:00 AM PDT
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Discount Bank to sell control of ICC-CAL to Horesh, Harel
George Horesh's Union Investments and Harel will buy Discount Bank's 72% stake in the credit card company, at a company valuation of NIS 3.75 billion.
9/19/2025, 1:13:00 AM PDT
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Office towers outside Tel Aviv struggle to find tenants
Unattractive locations, poor public transport, excess supply of office space, and a slowdown in the tech sector that is reducing demand means some office towers outside Tel Aviv are half empty.
9/18/2025, 6:04:58 AM PDT
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Israel's leading law firms raise funds for disabled young adults
DLA Piper’s fourth annual charity basketball tournament took place at the Shalva National Center in Jerusalem.
9/18/2025, 5:24:00 AM PDT
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Greece delays Israel arms deals due to Gaza - report
The deal includes Elbit Systems PULS rocket launch system, and a full range of munitions worth around €700 million, "eKathimerini" reports.
9/18/2025, 4:44:00 AM PDT
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Roche to buy 89bio for up to $3.5b
The company, which was founded in Israel, has a drug for treatment of fatty liver in phase III trials, which was initially an asset of Teva.
9/18/2025, 2:28:41 AM PDT
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Tech unemployment up, job vacancies down - study
The Taub Center for Social Policy Research study blames the worrying trend on the war and accelerated use of AI.
9/18/2025, 1:13:31 AM PDT
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Aaron Frenkel increases Tamar Petroleum stake
Having sold shares to SOCAR earlier this year, Frenkel has now bought a 9% stake from Menora Mivtachim.
9/18/2025, 12:40:00 AM PDT
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Iron Beam completes trials ahead of delivery to IDF
The laser air defense system is due to become operational before the end of the year.
9/18/2025, 12:05:00 AM PDT
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Travel booking co Navan to file for Wall Street IPO
In the past Navan has been valued at $12 billion but "Globes" estimates that the company will try to raise money at a valuation of $7-8 billion.
9/17/2025, 8:20:00 AM PDT
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EU recommends suspending Israel free trade agreement
The European Commission proposes trade and other sanctions against Israel, which could be approved next week.
9/17/2025, 7:25:21 AM PDT
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Glilot Capital raises $500m for VC funds
This brings the Israeli venture capital firm's total assets under management to over $1 billion, and is a major step in the venture capital firm’s global expansion and commitment to investing in technology companies.
9/17/2025, 6:02:38 AM PDT
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Israeli AI security lab Irregular raises $80m
The company works closely with leading AI labs like OpenAI and Anthropic to mitigate cybersecurity risks posed by advanced AI models while protecting the models from cyber attacks.
9/17/2025, 5:01:00 AM PDT
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Two Israeli universities ranked in top 10 for entrepreneurs
Tel Aviv University and the Technion were in PitchBook's prestigious 2025 ranking for leading universities for entrepreneurs.
9/17/2025, 4:47:39 AM PDT
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Regev revives prospect of Uber in Israel
So far, Minister of Transport Miri Regev has only set up a committee to examine the matter, as the taxi drivers accuse her of pandering to haredi interests.
9/17/2025, 3:55:00 AM PDT
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Car importer UMI set to raise NIS 675m in TASE IPO
Half of the money raised will be paid as an immediate dividend to the shareholders.
9/17/2025, 3:04:06 AM PDT
News - Globes
Israel's defense industry loses major Asian customer
Philippines Minister of Defense Gilbert Teodoro says his country will stop buying arms from Israel.
9/17/2025, 12:19:00 AM PDT
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Check Point buys Swiss AI security co Lakera
Check Point will pay an estimated $300 million for Lakera, which has developed AI-native security platforms for agentic AI applications.
9/16/2025, 7:49:00 AM PDT
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China alleges Nvidia violated antitrust laws in buying Mellanox
China began reviewing the acquisition in 2024, even though it had previously approved the acquisition.
9/16/2025, 7:09:48 AM PDT
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Israeli security analytics co Vega raises $65m
The company has developed AI-native security analytics and investigation across any stack, without forcing costly migrations or pipeline engineering.
9/16/2025, 6:00:00 AM PDT
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Island employees selling shares for $250m
The Israeli enterprise browser security company did not disclose the name of the investor.
9/16/2025, 5:38:08 AM PDT
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Bezeq cancels Exelera acquisition from Aluma
Bezeq plans to continue "examining and promoting the issue of new regional submarine cables."
9/16/2025, 5:11:12 AM PDT
News - Globes
HBO Max to launch in Israel
Warner Brothers HBO Max television streaming service plans to launch in Israel in mid-January 2026.
9/16/2025, 4:43:47 AM PDT
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Fiverr to lay off 30% of workforce
Most of the 250 employees who will lose their jobs are based in Israel.
9/16/2025, 3:06:15 AM PDT
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Netanyahu's "autarky" remarks divide analysts
While one talks of a return to the Stone Age, another sees the prime minister's frankness as an expression of strength.
9/16/2025, 2:47:00 AM PDT
News - Globes
Stocks continue to fall
The prime minister's speech stressing Israel's isolation and reports of the entry of IDF ground troops into Gaza City appear to be putting pressure on the market.
9/16/2025, 1:01:00 AM PDT
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Israel Business Forum slams Netanyahu's "Sparta speech"
"We are marching with certainty to a diplomatic, economic, and social abyss that will endanger our existence in the Land of Israel."
9/16/2025, 12:14:00 AM PDT
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Israeli drone camera co NextVision raising $400m
Most of the investment is coming from overseas investors, with only a small amount from Israeli investors.
9/15/2025, 10:52:00 AM PDT
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Israeli digital bank Esh launches with no fees
The bank is offering customers no fees on a checking account and 50% of the income it generates from customers' money.
9/15/2025, 9:31:55 AM PDT
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Annual inflation falls below 3% despite sharp August CPI rise
The August Consumer Price Index pushes inflation below the upper limit of the Bank of Israel target range, as home prices continue to fall.
9/15/2025, 8:59:15 AM PDT
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Netanyahu: Amid isolation we must be self-sufficient in arms
Speaking about Israel's diplomatic isolation and faced by economic sanctions, Prime Minister Benjamin Netanyahu said that Israel must become more self-sufficient.
9/15/2025, 7:03:00 AM PDT
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Spain cancels €700m Elbit artillery deal - report
The Spanish Ministry of Defense has decided to cancel the procurement of the Israeli company's PULS artillery system, according to reports in the Spanish media.
9/15/2025, 6:41:00 AM PDT
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Israeli cybersecurity co Remedio raises $65m
The company has developed a platform that provides enterprises with complete visibility into configuration risks and autonomously fixes them, ensuring devices are secure, compliant, and resilient to breaches.
9/15/2025, 6:00:00 AM PDT
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Accountant General: AI to make third of civil servants redundant
Israel's accountant general Yali Rothenberg today gave a dramatic forecast for the future of Israel's civil service.
9/15/2025, 5:20:17 AM PDT
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Digital bank One Zero replaces three top executives
The bank has struggled to reach profitability losing NIS 268 million last year, down from NIS 357 million in 2023.
9/15/2025, 4:16:00 AM PDT
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Treasury chief slams defense budget management
Ministry of Finance director general Ilan Rom accused the IDF of irresponsibly overspending.
9/15/2025, 3:54:00 AM PDT
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Nesher mayor threatens legal action over Nvidia land deal
Roi Levi claims benefits offered to Nvidia for the purchase of land for its new development center are illegal, although legal sources say a petition stands no chance.
9/15/2025, 1:33:00 AM PDT
News - Globes
Construction begins on Israel's tallest residential tower
Vertical City in Ramat Gan will include a 72-floor high-rise with apartments to rent for young families, and student dormitories.
9/14/2025, 9:00:00 PM PDT
News - Globes
Phoenix to finance four Enav urban renewal projects
Enav is promoting over 35 urban renewal projects throughout the country totaling about 25,000 housing units.
9/14/2025, 10:17:00 AM PDT
News - Globes
Via completes IPO with more Israeli flotations likely to follow
With the US Fed set to cut interest rates, "Globes" lists the Israeli companies considering a Wall Street IPO.
9/14/2025, 9:23:02 AM PDT
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New home sales in Israel down 20%
Between May and July 2025, about 21,640 apartments were sold, down about 20% from the corresponding period last year, the Central Bureau of Statistics reports.
9/14/2025, 6:04:24 AM PDT
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Lendbuzz files for Nasdaq IPO
The auto finance fintech company had a valuation of over $1 billion at the time of its most recent financing round in 2023.
9/14/2025, 2:42:00 AM PDT
News - Globes
Via Transportation raises $493m in Wall Street IPO
The Israeli smart public transport and mobility solutions company sold 10.7 million shares for $46 each - above its pricing range.
9/12/2025, 12:44:00 AM PDT
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Leumi's S&P 500-linked deposit challenges mutual funds
The mutual fund managers claim that Bank Leumi's new product is a mutual fund in disguise, without the regulations they are subject to.
9/11/2025, 8:00:00 AM PDT
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Light rail boosts Jaffa home prices
While Tel Aviv is seeing a fall in deals and apartment prices, a different picture is emerging in Jaffa where the Red Line has connected the historic port city to the heart of Tel Aviv.
9/11/2025, 6:41:03 AM PDT
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Hapoalim to finance 30-floor tower in Tel Aviv's Park Atidim
The tower will be a mixed-use project, which will include approximately 60,000 square meters office space, commercial space and a 3,000 square meter auditorium with 640 seats.
9/11/2025, 5:46:16 AM PDT
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Ryanair CEO: We might not bother returning to Israel
Michael O'Leary says he feels "messed around" by the Israeli authorities and the low-cost airline might not resume flights even after the war in Gaza.
9/11/2025, 4:36:00 AM PDT
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Israel Tax Authority mulls easing income tax
Monthly salaries of medium and high earners could be boosted significantly, if the decision to freeze the linkage of income tax brackets to inflation is revoked.
9/10/2025, 11:52:00 PM PDT
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IAI's Barak 8 to be part of India's multi-layered defense
The surface-to-air missile system was developed jointly by Israel Aerospace Industries (IAI) with India.
9/10/2025, 10:06:39 PM PDT
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Israel's forex reserves hit new record
Israel’s foreign exchange reserves at the end of August 2025 rose to $230.321 billion, an increase of $3.553 billion from their level at the end of July, the Bank of Israel reports.
9/10/2025, 7:53:39 AM PDT
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Israeli AI no-code platform Blocks raises $10m
monday.com has made its first-ever investment in the company, which was founded by two former monday.com employees.
9/10/2025, 5:28:05 AM PDT
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Caesarea house sold for NIS 78m
The house has been bought by US couple Reuven and Sandy Moskowitz from businessman Prof. Shlomo Ben-Haim.
9/10/2025, 5:09:29 AM PDT
News - Globes
Tel Aviv light rail still underused
After two years of service, the Red Line has reduced travel times but its potential won't be fully realized until the two other lines are opened.
9/10/2025, 3:49:00 AM PDT
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Higher Education Council opens way to Eilat medical school
The pre-clinical school is the brainchild of Dr. Moshe Cohen, who also sees it as a way of boosting medical services in Eilat, but it has yet to be decided who will run it.
9/10/2025, 2:31:00 AM PDT
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Deal with Big signals new departure for Shufersal
Shufersal and Big Shopping Centers plan to redevelop the supermarket chain's head office site in Rishon LeZion, with further real estate projects expected.
9/10/2025, 1:15:00 AM PDT
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Israel VC funding reaches new low - report
The rate of fundraising by Israeli venture capital funds is 40% down on 2024, while foreign funds are reducing their investments in Israel, a report by IVC, Gornitzky and KPMG finds.
9/9/2025, 9:51:00 PM PDT
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Nebius soars on multi-billion dollar contract with Microsoft
Nebius founder and CEO Arkady Volozh: "The deal will also help us to accelerate the growth of our AI cloud business in 2026 and beyond."
9/9/2025, 7:37:00 AM PDT
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IDF strikes at Hamas leadership in Qatar
Khalil al-Hayya, a member of the Hamas senior leadership, has been reported killed in the strike on the Qatari capital Doha.
9/9/2025, 7:07:00 AM PDT
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Wage growth in Israel falls behind inflation
As income rises more slowly while inflation remains high, households are finding it harder to save.
9/9/2025, 6:26:00 AM PDT
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Microbot Medical share price jumps after FDA approval
The US Food and Drug Administration has granted clearance to Microbot Medical's Liberty endovascular robotic system.
9/9/2025, 5:02:00 AM PDT
News - Globes
Bill Ackman: I want to invest another $1b in Israel
The US hedge fund billionaire spoke exclusively to "Globes" after opening today's session of the Tel Aviv Stock Exchange, in which he and his wife Neri Oxman hold 5%.
9/9/2025, 2:44:00 AM PDT
News - Globes
Wix co-founder's new venture revealed
Together with Assaf Sagy, Nadav Abrahami has founded Dazl, a company in the burgeoning field of vibe coding, AI-assisted coding using natural language.
9/8/2025, 7:25:00 AM PDT
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Gad Dairies raises NIS 280m in IPO
The company will use most of the proceeds of the offering to finance a move to the Timorim industrial zone, which will double its production capacity.
9/8/2025, 4:56:00 AM PDT
News - Globes
Israel's fiscal deficit falls again
For the year to the end of August, the deficit amounted to 4.7% of GDP, down from 4.8% in the year to July.
9/8/2025, 3:50:00 AM PDT
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Six dead in Jerusalem attack
The two terrorists who carried out the attack were killed on the spot.
9/8/2025, 3:32:00 AM PDT
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Bank mortgage rates down even without BoI cut
Falling bond yields, plus the pressure from the large stock of unsold homes, are making the banks adjust lending rates.
9/8/2025, 12:40:00 AM PDT
News - Globes
Tel Aviv house sold for NIS 63m
The seller of the house in the Tzahala neighborhood is realtor Rafi Kalina. The price is the highest paid for a Tel Aviv property so far this year.
9/7/2025, 6:09:00 AM PDT
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UAV hit halts flights at Ramon Airport
The UAV, launched from Yemen, hit the arrivals hall at Ramon Airport, near Eilat, lightly injuring two people.
9/7/2025, 5:46:00 AM PDT
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Two private power providers sign major supply deals
TeraLight will supply power to business customers via Doral to the tune of NIS 2.3-2.5 billion, while Cellcom Energy has signed agreements with four solar fields in the Western Galilee.
9/7/2025, 5:31:00 AM PDT
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Merger talks underway to create mega Israeli law firm
If negotiations between Meitar and Arnon, Tadmor-Levy mature into a deal, the combined firm will be the largest in Israel by a long way.
9/7/2025, 2:19:00 AM PDT
News - Globes
United to add routes between Israel and US
The US airline has announced that it will resume direct flights between Tel Aviv and Chicago and Washington DC starting November 1.
9/5/2025, 12:10:00 AM PDT
News - Globes
Gal Gitter brings Alpha Partners officially to Israel
The firm, which invests alongside small early-stage venture capital funds to save them from dilution, now has a specific Israel allocation.
9/4/2025, 11:47:00 AM PDT