News - Globes
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News - Globes
Netanyahu's pardon request: How the process works
Is admission of guilt required? Can a pardon can be awarded before conviction? "Globes" answers the questions.
11/30/2025, 7:33:00 AM PST
News - Globes
Netanyahu asks for pardon
Prime Minister Benjamin Netanyahu has submitted a request to President Isaac Herzog for a pardon "to attain unity in the people and to restore confidence in the institutions of the state."
11/30/2025, 4:51:00 AM PST
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Ondas continues Israel defense-tech buying spree
Through a series of acquisitions in Israel, starting with Airobotics, the US company has built an autonomous systems division, and it aims to expand further.
11/30/2025, 2:36:00 AM PST
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Wizz Air CEO: We'll open Israel hub in April
Jozsef Varadi made the commitment in a meeting with Minister of Transport Miri Regev, although not all issues have been settled, and the Histadrut threatens disruption.
11/27/2025, 5:53:00 AM PST
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Politics cloud annual Israel-France business gathering
Chambre de Commerce France-Israel president Henri Cukierman: Business with France has slowed down but it continues.
11/27/2025, 4:48:00 AM PST
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ICL CEO: 400 million people owe their food to our products
Elad Aharonson spoke to the "Globes" Israel Business Conference about ICL's advanced fertilizer technologies, and its Zionist values.
11/27/2025, 1:31:00 AM PST
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Entree Capital raises $300m in two new funds
The firm names artificial intelligence, deep-tech and quantum computing, and crypto among the areas in which it will seek to invest.
11/27/2025, 12:10:00 AM PST
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Spinal navigation co PathKeeper completes funding round
PathKeeper Surgical's spinal surgery device is radiation free and accurate to within less than a millimeter.
11/26/2025, 8:03:00 AM PST
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Smotrich publishes order doubling personal imports tax exemption
Knesset Finance Committee chairperson Hanoch Milwidsky: This is a classic example of destructive election economics.
11/26/2025, 5:10:00 AM PST
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Hercules Capital names Ella-Tamar Adhanan head of Israel activity
Adhanan is due to open an Israel office for the venture lending firm next year.
11/26/2025, 4:19:00 AM PST
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Turbine shortage delays power plant construction
Exceptionally high global demand for gas turbines will inflate the cost of the OPC Hadera and Reindeer power plants and put back competition.
11/26/2025, 2:36:00 AM PST
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Phoenix upgrades targets
The insurance and financial group's profit for the first nine months of 2025 was 40% higher than in the corresponding period.
11/26/2025, 1:02:00 AM PST
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ZIM board "reviewing alternatives" including sale
The board has apparently decided not to proceed with a buyout offer from its CEO Eli Glickman and Rami Ungar.
11/25/2025, 7:00:00 AM PST
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Wizz Air steps back from Israel hub plan
The airline has found that flights between Israel and Europe will not be sufficient to justify the move.
11/25/2025, 4:03:00 AM PST
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Smotrich plans to double VAT exemption for personal imports
The proposal goes against the Ministry of Finance's own position, and against the global trend of abolishing such exemptions.
11/25/2025, 2:03:00 AM PST
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BoI governor: Interest rate cuts will be measured and gradual
Talking to "Globes", Governor of the Bank of Israel Amir Yaron cooled hopes of a rapid fall in interest rates, and expressed strong reservations about a special tax on the banks.
11/25/2025, 12:14:00 AM PST
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McAfee buys privacy app of Israeli co Mine
The value of the deal is estimated in the tens of millions of dollars. Mine seeks to focus on products for the enterprise market.
11/24/2025, 8:35:00 AM PST
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Mekorot CEO: Israel could supply water to Syria
Amit Lang spoke at the Israel Business Conference about the potential of water to change the "geopolitical fabric."
11/24/2025, 6:32:00 AM PST
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Bank of Israel cuts interest rate as expected
The Bank of Israel Monetary Committee has decided to cut the bank's key lending rate by 0.25%, the first reduction for nearly two years.
11/24/2025, 6:20:00 AM PST
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Gil Shwed: Cybersecurity market disconnected from reality
Check Point chairman Gil Shwed told the Globes Israel Business Conference that the market is measured by raising money, rather than creating value for customers and translating it into profit.
11/23/2025, 9:33:00 AM PST
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Shlomo Kramer sets up support fund for veteran Israeli artists
"In my field, high tech, success translates into financial security; in the arts that doesn't always happen."
11/23/2025, 7:54:00 AM PST
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Bank stocks indifferent to huge dividend payout
Israel's major banks reported record profits last week, but the market apparently believes the good times may not last.
11/23/2025, 6:59:00 AM PST
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Apartments sold and rented
A selection of recent real estate deals in Israel in Jerusalem, Rehovot, Modi’in Illit, Afula, Bet Hefer, and Omer.
11/23/2025, 5:17:00 AM PST
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TASE CEO: We’re only scratching surface of global investment
Itai Ben-Zeev told the Globes Israel Business Conference about the impressive performance of the stock market this year and sees more potential gains ahead.
11/23/2025, 4:57:00 AM PST
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Sheba CEO: AI is greatest healthcare revolution since Hippocrates
Prof. Yitshak Kreiss, CEO of Sheba Medical Center at Tel Hashomer, spoke to the Israel Conference about collaboration with Nvidia, and the remarkable survival rate in Israel hospitals.
11/23/2025, 4:51:00 AM PST
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Meron Capital raises third fund
The $70 million fund will invest at the pre-seed and seed stages, and is intended to strengthen the firm's approach of working closely with founders from the early stages.
11/20/2025, 11:33:00 AM PST
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ZIM Q3 results down amid shareholder pressure
ZIM chairperson Yair Seroussi: All the shipping companies are traded at a discount, but we are certainly aware of the issue of the company’s value.
11/20/2025, 11:10:00 AM PST
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US fund buying Anan Data Centers stake at NIS 1b valuation
Boston-based BGA is buying 20% of the company owned by Omer Adam, Maor Melul, and Nessim-Sariel Gaon.
11/20/2025, 9:06:00 AM PST
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Rafael signs huge Defense Ministry Iron Dome deal
Rafael has signed a contract worth millions of dollars to expand serial production of the Iron Dome air defense missile system.
11/20/2025, 5:29:52 AM PST
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Israel’s state revenues outstrip expectations
The Ministry of Finance's latest forecast has an extra NIS 11.6 billion in the state coffers compared with the May forecast, which was already NIS 21.5 billion higher than in the original 2025 budget.
11/20/2025, 4:54:27 AM PST
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Rafael unveils new SPIKE missile
The Israeli defense company’s new system represents an expansion of capabilities in the field of loitering munitions.
11/20/2025, 1:29:59 AM PST
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Bank Hapoalim Q3 profit up 8.4%
The bank is “only” distributing 50% of its profit as a dividend because it is setting aside a high amount for credit losses.
11/20/2025, 12:37:46 AM PST
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70,000 homes to replace IAI Elta’s Ashdod campus
Israel Aerospace Industries Elta unit is to relocate to a new site in southern Ashdod.
11/19/2025, 11:50:00 PM PST
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Germany in talks with IAI for follow-on Arrow 3, Heron deals
Germany is negotiating with Israel Aerospace Industries for more Arrow 3 interceptor missiles and to extend the Heron drone agreement, “Globes” has learned.
11/19/2025, 9:10:00 PM PST
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Israeli cybersecurity co Guardio raises $80m
The company has developed protection engines for private users in an era of sophisticated attacks and AI.
11/19/2025, 8:12:51 AM PST
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Will rate cut boost real estate market?
Even if the Bank of Israel makes several interest rate cuts, economists believe it will not be enough to revive Israel’s ailing housing market.
11/19/2025, 6:29:37 AM PST
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Israeli defense firms return to French security exhibitions
39 Israeli companies are exhibiting this week at France’s Milipol homeland security event in Paris, “Al Jazeera” reports.
11/19/2025, 5:04:58 AM PST
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First Int’l Bank to sell CAL-ICC stake for NIS 1.1b
The bank will sell its 28% stake in the credit card company to George Horesh’s Union Investments and Harel.
11/19/2025, 2:52:48 AM PST
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Part of a trend: Startup Namogoo sold at a loss
The Herzliya-based e-commerce technology company raised $84 million, but was sold to a French company for an estimated $20-40 million.
11/19/2025, 2:00:00 AM PST
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Playtika shedding yet more employees
The layoffs are estimated at 20% of the headcount at the end of 2024. The mobile games company is profitable, but struggling to grow.
11/19/2025, 1:12:00 AM PST
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Delek Group outdoes banks on profit, but dividend lower
Delek Group's third quarter jumped by 640% year-on-year, mainly thanks to a revaluation of its holding in North Sea oil producer Ithaca Energy.
11/19/2025, 12:41:00 AM PST
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Tel Aviv seafront apartment sold for NIS 58m
The 275 square meter apartment is on the tenth floor of the SIX 8 tower, to be built near the Dolphinarium beach.
11/18/2025, 9:00:55 AM PST
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Israeli housing rental platform Venn raises $52m
By owning the resident relationship, Venn helps housing operators unlock new revenue from services like insurance, credit, cellular, utilities, on-demand home services, maintenance, and more.
11/18/2025, 7:00:00 AM PST
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Fuhrer and Searchlight selling Bezeq shares for $650m
After the sale, the Israeli telecom company will have no controlling core.
11/18/2025, 6:35:06 AM PST
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75% of Israeli cos hiring less juniors - study
The rapid integration of AI tools is creating a job market that is shrinking from the bottom up, research by IDC and human resources company Deel has found.
11/18/2025, 5:24:00 AM PST
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What has sent Nice tumbling?
The technology company's investor conference apparently disappointed, but analysts remain positive bout the long term.
11/18/2025, 4:39:00 AM PST
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Nvidia joins $200m round raised by Shashua’s AI startup
Lightspeed led the round in Amnon Shashua’s AA-I Technologies, which develops AI agents and expert language models.
11/18/2025, 4:31:36 AM PST
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Nvidia to collaborate with Sheba on genome hidden codes
The initiative, which includes Mount Sinai Hospital in the US, will use AI to crack the majority of the human genome that remains poorly understood.
11/18/2025, 3:18:58 AM PST
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Mizrahi Tefahot Bank to distribute 50% of NIS 1.5b Q3 profit
The bank's annualized return on equity in the third quarter was 17.6%.
11/18/2025, 2:53:00 AM PST
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Elbit Systems reports $25b orders backlog
The third quarter figure does not include the major contract announced yesterday. Earnings per share handily beat analysts' estimates.
11/18/2025, 1:05:00 AM PST
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Bank Leumi declares record dividend
Following the easing of Bank of Israel restrictions, the bank will pay a dividend of NIS 2 billion on its NIS 2.7 billion third quarter profit.
11/18/2025, 12:21:00 AM PST
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Mangrove’s Israel partners launch new VC fund
As Mangrove Capital Partners closes its Tel Aviv office, Roy Saar and Itay Gil-Asulin have founded the 40RTY fund.
11/17/2025, 10:12:35 AM PST
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Itron buys Israeli startup Locusview for $525m
Locusview, which has developed a digital construction management platform, has only raised $75 million, according to PitchBook.
11/17/2025, 8:43:39 AM PST
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Bestselling author buys Tel Aviv penthouse for NIS 21m
Tamir Mandowsky, the author of “Investments for the Lazy” is buying a penthouse in the HaGaDa project in the Old North, overlooking Yarkon Park.
11/17/2025, 8:14:00 AM PST
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Gov’t plans bank tax for mortgage relief even if rate falls
Despite opposition from the Bank of Israel and Finance Ministry, National Economic Council chair Prof. Avi Simhon is forging ahead with the plan.
11/17/2025, 7:30:00 AM PST
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Nvidia campus could transform Kiryat Tivon
Tivon has less than 20,000 residents while estimates are that the Nvidia campus will provide nearly 10,000 jobs, directly and indirectly.
11/17/2025, 5:36:00 AM PST
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Bank of Israel eases dividend restrictions on banks
Israel's banks will now be allowed to distribute up to 75% of their quarterly earnings.
11/17/2025, 4:44:00 AM PST
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Unemployment in Israel remains very low
Unemployment remained low in October at just 3%, seasonally adjusted, unchanged from September, the Central Bureau of Statistics reports.
11/17/2025, 4:32:03 AM PST
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Cloud backup co Eon raising funds at $4b valuation
The company, founded less than two years ago, is in high demand for investment. The current round is led by US-Israeli investor Elad Gil.
11/17/2025, 2:06:00 AM PST
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Pelephone signs MOU for acquisition of Hot Mobile
Bezeq unit Pelephone has agreed to buy Hot Mobile for NIS 2.1 billion, subject to due diligence and regulatory approvals.
11/17/2025, 1:06:00 AM PST
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Elbit Systems announces huge mystery deal
The company specified neither the customer nor what it will supply.
11/16/2025, 11:47:00 PM PST
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China still winning major Israeli infrastructure deals
Despite concern in the west about awarding strategic infrastructure deals to Chinese companies, the private sector in Israel provides a “back door” for them.
11/16/2025, 8:32:15 AM PST
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SoftBank reduces Lemonade stake
The Japanese investment giant is no longer a party in interest in the Israeli digital insurance company.
11/16/2025, 6:04:14 AM PST
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Israel’s economy grew at 12.4% in Q3
GDP growth recovered strongly in the third quarter of 2025, after the economy contracted during the second quarter due to the war with Iran.
11/16/2025, 3:14:00 AM PST
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IAI unit opens suicide drone production plant in Morocco - report
Israel Aerospace Industries subsidiary Blue Bird will manufacture SpyX loitering munition at the facility near Casablanca, “Defense Post” reports.
11/16/2025, 3:00:00 AM PST
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ZIM shareholder group seeks to appoint three directors
Adv. Ophir Naor, who represents the group: We shall remind anyone who has forgotten that the company has owners.
11/16/2025, 2:12:00 AM PST
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CPI up 0.5% in October, while home prices fall again
Annual inflation remains unchanged. Home prices fell for the seventh consecutive month, the Central Bureau of Statistics reports.
11/14/2025, 4:29:00 AM PST
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Haifa tops home sales table for first time in decades
Haifa recorded the highest number of transactions in the third quarter, while sales in Tel Aviv jumped 38%.
11/13/2025, 11:23:00 AM PST
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Salesforce buys year-old Israeli startup for $100m
Doti has developed an AI-based “enterprise brain” that centralizes data and makes it accessible to workers.
11/13/2025, 7:49:00 AM PST
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Israeli quantum computing co Classiq raises $40m
The company acts as the software foundation for practical, scalable quantum computing, spanning algorithm design, software optimization, deploying across the most advanced computing infrastructures.
11/13/2025, 4:11:00 AM PST
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Canadian fund Awz to invest NIS 5b in Ashkelon chip plant
The groundbreaking ceremony for the new chip plant was held today in Ashkelon’s Tera Park industrial zone.
11/13/2025, 2:32:21 AM PST
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AWS to double data center capacity in Israel
Amazon Web Services has leased land near Netanya, on which it can build a 60,000 square meter data center.
11/13/2025, 1:29:00 AM PST
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Israeli gov’t proposes restrictions on holding cash
Opponents of the move claim that it severely violates privacy and limits economic freedom.
11/13/2025, 12:02:26 AM PST
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Wonder Robotics to unveil innovative assault drone
The Israeli company has developed a first-person view drone capable of attacking both horizontally and vertically.
11/12/2025, 9:01:30 PM PST
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Israeli gov't chooses Kiryat Tivon for Nvidia’s new campus
Nvidia’s huge development center in Israel will be built in Kiryat Tivon near Haifa, if the US chip giant approves.
11/12/2025, 1:07:00 PM PST
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Caesarstone closes plant in northern Israel, lays off 200
At the end of 2024, the company had 1,532 employees including 371 in Israel, so the latest layoffs will leave only a small number of employees here.
11/12/2025, 8:19:14 AM PST
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Amendment 13 is gamechanger on data security enforcement
A recent conference discussed Amendment 13 to Israel’s Privacy Protection Law and how organizations can address emerging risks associated with the deployment of advanced AI.
11/12/2025, 7:21:32 AM PST
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Emigration from Israel rising sharply
78,000 Israelis left the country in 2023 compared with 56,000 in 2022 and 37,000 in 2021, the Central Bureau of Statistics reports.
11/12/2025, 7:07:00 AM PST
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Greece in talks to procure Israeli air defense systems
Concerned about Turkey, Greece is speeding up negotiations to buy air defense systems from Israel Aerospace and Rafael for €3 billion, according to reports in the country.
11/12/2025, 5:42:38 AM PST
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Israeli AI security co Sweet Security raises $75m
The company meets rapidly growing enterprise demand for real-time protection across the entire cloud, AI systems, and production environments.
11/12/2025, 5:01:00 AM PST
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FIMI raising $1.5b eighth fund
The private equity firm intends to raise the fund, which will be its largest to date, half from Israeli investors and half from overseas.
11/12/2025, 3:43:00 AM PST
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Cloud co Nebius signs $3b deal with Meta
The Dutch-Israeli company will provide Meta with computer infrastructure for AI over five years.
11/12/2025, 3:10:00 AM PST
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Reit1 buys 45% of Sypholux site in Tel Aviv
A tower with 54,000 square meters of space is planned for the centrally located site.
11/12/2025, 2:32:00 AM PST
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Taxation on new cars set to rise substantially in 2026
There will be an increase in purchase tax on electric vehicles, and the tax break on low pollution vehicles will be reduced.
11/12/2025, 12:13:00 AM PST
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Pelephone raises offer for Hot Mobile
The Bezeq unit has raised its offer for Hot Mobile after reports that Gil Sharon and institutional bodies will be submitting an offer.
11/11/2025, 7:53:40 AM PST
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Israeli AI agents co Wonderful raises $100m
The company has developed a platform that allows users to create digital agents, manage them and manage the communication between them.
11/11/2025, 6:00:00 AM PST
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Israeli AI cybersecurity co Tenzai raises $75m
The company is redefining penetration testing through autonomous, agentic AI.
11/11/2025, 5:00:00 AM PST
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Shekel at strongest since August 2022 against dollar
The shekel has gained more than 10% against the US dollar since the beginning of the year.
11/11/2025, 4:33:00 AM PST
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Idan Ofer set to make huge gain on Atletico Madrid sale
Ofer owns 32% of the club, control of which is being sold to US asset management firm Apollo at a valuation of €2.2 billion.
11/11/2025, 4:07:00 AM PST
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Yes revaluation boosts Bezeq's results
The television broadcaster is now valued at NIS 480 million. Bezeq has reached 2.9 million households connected to fiber-optic cable.
11/11/2025, 3:31:00 AM PST
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Israeli VC fundraising back on the rise
After raising only $260 million in the first half of the year, Israeli venbture capital firms have announced $1.37 billion in new funds since the end of the war, IVC-Gornitzky-KPMG reports.
11/11/2025, 2:53:00 AM PST