Globes - News

Source: https://en.globes.co.il/

Found 1021 news

Migdal investment chief sees opportunities in local stocks

Globes - News -

Migdal Group chief investment officer Erez Migdali: For an institution that looks to the long term, the situation could create attractive points of entry.
Over 100 Palestinians killed in Gaza stampede

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The IDF Spokesperson said that the Palestinians were killed during violent looting of an aid truck.

Tags: Palestinians
Zscaler buys Israeli cybersecurity co Avalor for $350m

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Avalor was founded only two years ago and has raised $30 million to date.

Tags: Avalor
Ryanair to resume Israel flights in June

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Irish low-cost airline Ryanair has filed a request to resume flights to and from Ben Gurion airport from June.

Tags: June Ryanair
Rani Zim pulls NIS 250m deal in face of investors' anger

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Zim had proposed that Group Psagot should buy his stake in Rani Zim Shopping Centers. He controls both companies.
Mobileye sees revenue plunge on customers' excess inventory

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The Israeli advanced driving assistance systems (ADAS) company's share price is down 27% on bleak first quarter 2024 guidance.
The Phoenix plans NIS 350m debt offering

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The insurance company reported on losses caused by the war, but said it was also gearing up for possible investment opportunities.
Amir brothers complete Shufersal takeover

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Chairman Itzik Abercohen is expected to receive a golden parachute payment of NIS 8 million, while CEO Ori Watermann will receive NIS 6 million.
Israelis owning three or more apartments up 40%

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Since the end of 2018, the number of Israelis owning eight or more apartments has grown by 66%, Tax Authority figures show.

Tags: Israelis
Turkish Airlines cancels Israel flights until March 2025

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Last summer Turkish Airlines was ranked fourth in the number of passengers flown to and from Ben Gurion airport.

Tags: Turkish Airlines
Five Israeli tech entrepreneurs enter Forbes billionaires list

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There are 36 Israelis listed in the 2024 Forbes billionaires list.

Tags: Forbes
Mia Dynamics develops robot defense platform

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The company is adapting its quad cycles and quad boards for remote control military use.
Shekel weaker in first week of 2024

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Domestic matters like the interest rate cut and the escalation on the northern border have weakened the Israeli currency.
US reportedly urging Israel to delay Gaza ground operation

Globes - News -

According to a report in "The New York Times", the US seeks to exhaust possibilities for freeing hostages, and to ready its own forces.
Shekel gains to strongest for 9-months against dollar

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Economists believe that the strengthening of the shekel stems from domestic matters.
Ashley Home buys online mattress co Resident for $1b

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The company has 250 employees including 45 in Israel, mainly development and data experts, product managers and marketing staff.
Qualcomm cancels $350m Autotalks acquisition

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The acquisition of the Israeli vehicle chip company was canceled after a far reaching probe by the UK antitrust regulator.
New fund launched for war-affected early-stage startups

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ICA in Israel, Rashi Foundation and venture capital firm Southern Israel Bridging Fund (SIBF) have launched a joint venture to invest in startups with technologies committed to impact society.
Tekuma Administration unveils "Gaza Envelope" plan

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The five-year plan to revive the communities devastated on October 7 covers housing, education, transport, healthcare, agriculture, and more.
Victoria's Secret opens first two Israel stores

Globes - News -

Delta Brands has opened its first two lingerie branches in the country in Petah Tikva and Haifa.

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