Israel news feed

Hezbollah's weapons stockpiles in Syria taking a hit

Globes - News -

Repeated attacks attributed to Israel are targeting Hezbollah's arms supply lines.

Tags: Hezbollah's
Analysts unsure on Bank of Israel rate call

Globes - News -

Top economists at Israel's banks provide contradictory forecasts on whether the Bank of Israel will cut the interest rate on Monday.

Tags: Bank Israel
Israel's population 9.84m on eve of 2024

Globes - News -

The country's population grew by 1.9% over the past year, the Central Bureau of Statistics reports.
IVC-LeumiTech: Startup raising down 56% in 2023

Globes - News -

Despite the war, Israeli tech companies raised $1.45 billion in the fourth quarter of 2023.
High Court to strike down judicial reform law - report

Globes - News -

Eight justices are in favor of disqualifying the law to abolish the reasonable standard in judicial review of decisions and seven are against, Channel 12 reports.
Elbit among global defense giants seeing surge in orders

Globes - News -

The Israeli defense electronics company is among 15 of the world's largest manufacturers of military equipment and systems benefitting from a boom in global orders due to mounting geopolitical tensions, the UK's "Financial Times" reports.
Israel seizes vast cash hoard in Jenin operation

Globes - News -

The Ministry of Defense estimates that over 50% of the cash smuggled into Judea and Samaria for Hamas comes from Iran.
Will 2024 see a turnaround in Israel's tech industry?

Globes - News -

The industry has been weathering crisis conditions since May 2022, but there is a new mood of optimism.
Rapyd CEO's Hamas remarks provoke boycott in Iceland

Globes - News -

Arik Shtilman's heated LinkedIn exchange about Hamas with a former employee in Iceland has caused an angry local backlash.

Tags: Hamas Iceland
Hezbollah fire blights northern border settlements

Globes - News -

Farmers say this is a lost year, the state compensation fund looks inadequate, and the question arises: Will people return?
Gov't unveils NIS 9b aid package for army reservists

Globes - News -

The plan includes continued monthly grants of NIS 1,400 for combat soldiers and NIS 800 for non-combatants.
Palo Alto v Check Point - higher growth but lower profit

Globes - News -

The market cap of Nir Zuk's Palo Alto is five times that of Check Point but Gil Shwed's company makes bigger profits.

Tags: Palo Alto Check Point
Roman Abramovich, ZAKA sue Israeli bank over blocked donation

Globes - News -

Mizrahi Tefahot Bank has refused to transfer a NIS 8 million donation to the search and rescue NGO due to EU sanctions.
Intel confirms further $15b Kiryat Gat fab investment

Globes - News -

The announcement is in line with an Israeli government statement six months ago. Intel will receive the highest ever government grant to a private-sector company.

Tags: Intel
Top ten Israeli cos on Wall Street worth $130b

Globes - News -

This is almost 30% more than their aggregate value a year ago. SentinelOne and CyberArk are the biggest gainers.
Israeli tech co says land transport platform can thwart Houthis

Globes - News -

Eilat-based Trucknet offers a digital marketplace for importers and transport companies wishing to bring goods overland from the Persian Gulf to Israel. But is it cheaper than the sea route?
Netanyahu's economic advisor looks to keep 2024 budget unchanged

Globes - News -

National Economic Council head Avi Simhon prefers legislation allowing the budget deficit to widen to 6%, with NIS 67 billion as an extra item to cover the costs of the war, sources inform "Globes."
Teva ends 2023 as Israeli co with biggest profit on Wall Street

Globes - News -

Teva has outshone ICL, Check Point and Mobileye in terms of revenue and profit but not profitability.

Tags: Teva
Golf to close 20 stores

Globes - News -

The Israeli fashion and homeware retail chain also reported that it will lay off 30% of head office employees.
House prices in new Herzliya project skyrocket

Globes - News -

Two newly built adjoining semi-detached houses in Herzliya Pituah fetched NIS 16 million and NIS 17 million in October. Why the NIS 1 million difference?