The contract worth $37 million is to supply Iron Fist Active Protection Systems (APS) to General Dynamics for upgrades to the US Army's Bradley M2A4E1 Infantry Fighting Vehicles.

Globes English | Israel Business Arena

06.05.2024

Apartments sold and rented - Globes

A selection of recent real estate deals in Israel in Jerusalem, Tel Aviv, Shoham, Rekhasim, Upper Galilee and Ashkelon.

Globes English | Israel Business Arena

06.05.2024

Tax Authority launches invoice certification program - Globes

The Israel Invoices program is designed to combat fictitious invoices, which cost the state billions in tax evasion.

Globes English | Israel Business Arena

06.05.2024

Azerbaijani oil continues flowing to Israel via Turkey - Globes

Azerbaijan maintains close relations both with Turkey and Israel, and is a major customer of Israel Aerospace Industries.

Globes English | Israel Business Arena

06.05.2024

Alcon to buy Israeli glaucoma treatment co Belkin Vision - Globes

The Swiss-American ophthalmology company will pay $60 million immediately and up to $335 million with milestone payments for the company, BioLight reports.

Globes English | Israel Business Arena

03.05.2024

Int'l cos reluctant to bid for new TA light rail tenders - Globes

The uncertain security and economic situation caused by the war is deterring international companies from bidding to operate the Green and Purple Lines.

Globes English | Israel Business Arena

03.05.2024

Will Israel ever provide employees with right to disconnect? - Globes

Canada is set to become the latest country to prohibit bosses from contacting employees outside work hours.

Globes English | Israel Business Arena

03.05.2024

Turkey bans exports of all goods to Israeli ports - Globes

In a further crackdown on Israeli ties by President Recep Tayyip Erdogan, sources familiar with the matter have told "Globes" that exports of goods to Haifa and Ashdod ports have been prohibited.

Globes English | Israel Business Arena

03.05.2024

OECD cuts Israel's growth forecast - Globes

The OECD says that Israel's economy will grow by 1.9% in 2024 and 4.6% in 2025 in its latest report on the global economy.

Globes English | Israel Business Arena

03.05.2024

Oasis Security raises $35m, doubles valuation - Globes

The company has developed a platform for securing non-human identities in an organization.

Globes English | Israel Business Arena

03.05.2024

Permira buys control of BioCatch at $1.3b valuation - Globes

The UK private equity firm is buying a 57% stake in the Israeli digital fraud and financial crime protection company.

Globes English | Israel Business Arena

03.05.2024

Eli Azur wins battle for Tamar Petroleum board after NeoGames exit - Globes

The Israeli businessman had a busy week as he completed the sale of NeoGames for $1.2 billion and saw off Aaaron Frenkel's efforts to put his candidates on Tamar Petroleum's board.

Globes English | Israel Business Arena

02.05.2024

8,000 Palestinians furtively employed in Israeli construction - Globes

A senior source in Israel's construction industry insists that about 8,000 Palestinian workers from Judea and Samaria have recently been given permits to work in Israel with 8,000 more expected to enter soon.

Globes English | Israel Business Arena

02.05.2024

Deal or no deal with Hamas - the economic fallout - Globes

"Globes" talks to three market analysts about the consequences of a ceasefire or escalation.

Globes English | Israel Business Arena

02.05.2024

Competition Authority summons Victory CEO to hearing - Globes

Eyal Ravid, owner and CEO of the supermarket chain, allegedly made public statements about price rises in violation of the Competition Law.

Globes English | Israel Business Arena

02.05.2024

Airlines hesitate over resuming Israel operations - Globes

International airlines that had begun to fly to Israel again following the outbreak of war suspended service after the attack by Iran, and are not rushing back.

Globes English | Israel Business Arena

02.05.2024

Tnuva to put up prices of dozens of products - Globes

Tnuva said it is hiking the prices of non-price controlled dairy products as well as dairy delicacies, Sunfrost frozen vegetables, Mamma Of poultry products and Tirat Zvi meat products.

Globes English | Israel Business Arena

02.05.2024

Israel replaces Patriot with David's Sling - Globes

Rafael's David's Sling is a collaboration that illustrates the combined strength of Israel's defense industry.

Globes English | Israel Business Arena

02.05.2024

Israeli startups raised over $1b in April - Globes

In the first four months of 2024, Israeli startups have raised $2.6 billion.

Globes English | Israel Business Arena

01.05.2024

Israeli fintech co RiseUp lays off 50 - Globes

The move does not apparently reflect a lack of cash in the company's coffers, but rather the cuts will allow RiseUp to achieve profitability.

Globes English | Israel Business Arena

01.05.2024

Gasoline prices in Israel to rise for fifth straight month - Globes

This is the fifth straight month that gasoline prices have risen by an accumulative NIS 0.90 per liter since the start of the year.

Globes English | Israel Business Arena

01.05.2024

Shekel strengthens sharply against US dollar - Globes

Rumors of a possible hostage release deal, together with a rally on US stock markets, appear to be among factors boosting the shekel.

Globes English | Israel Business Arena

01.05.2024

Alony Hetz posts further revaluation losses - Globes

The losses are mainly on properties held by subsidiaries in the US, as the office market there continues to be slow.

Globes English | Israel Business Arena

01.05.2024

Apartments sold and rented - Globes

A selection of recent real estate deals in Israel in Ramat Gan, Holon, Mazkeret Batya, Afula, Kiryat Tivon and Lahavim.

Globes English | Israel Business Arena

01.05.2024

Cybersecurity co Island raises $175m at $3b valuation - Globes

The enterprise browser data security company has doubled its valuation in just six months.

Globes English | Israel Business Arena

01.05.2024

Nvidia's Israel AI spending spree has downside - Globes

The US AI chip giant is set to spend $1 billion on two Israeli startups, which some see as part of a 'brain drain' of the country's AI talent.

Globes English | Israel Business Arena

01.05.2024

Israelis can now apply for passports online - Globes

People who have registered biometric data can submit passport and ID card applications via the Population and Immigration Authority website.

Globes English | Israel Business Arena

26.04.2024

Shekel sharply weakens in thin holiday trading - Globes

Bank Hapoalim chief strategist Modi Shafrir: The geopolitical picture continues to weigh on the Israeli currency.

Globes English | Israel Business Arena

26.04.2024

Mobileye falls on mixed Q1 results - Globes

The results were in line with the profit warning issued by the Israeli company at the start of the year.

Globes English | Israel Business Arena

26.04.2024

Check Point beats analysts with strong Q1 results - Globes

The company reported non-GAAP earnings per share of $2.04, up 13% from the corresponding quarter of 2023 and revenue of $598.8 million, up 6% from the corresponding quarter.

Globes English | Israel Business Arena

26.04.2024

IDF procurement of Chinese drones raises concerns - Globes

The Israel Defense Forces has ordered thousands of drones from two Chinese companies for its land forces, sources inform "Globes."

Globes English | Israel Business Arena

26.04.2024

Nvidia to buy Israeli deep learning co Deci AI - report - Globes

Nvidia has struck a deal to acquire Deci AI, which has developed technology to compress generative AI language models, "The Information" reports.

Globes English | Israel Business Arena

25.04.2024

SolarEdge share price hits five-year low - Globes

The Israeli company's share price fell earlier this week after its US rival Enphase published its financial results showing a slower than expected recovery in the industry.

Globes English | Israel Business Arena

25.04.2024

Nvidia acquires Israeli AI infrastructure co Run:ai - Globes

No financial details about the acquisition have been disclosed but estimates are that Nvidia is paying $680-$720 million for the Tel Aviv-based company.

Globes English | Israel Business Arena

25.04.2024

Can Rad Group survive in post Yehuda and Zohar Zisapel era? - Globes

"Globes" looks at Rad Group, whose founders Yehuda and Zohar Zisapel, both died over the past year, and which must now move on without two of the founding fathers of Israeli high-tech.

Globes English | Israel Business Arena

25.04.2024

US Senate passes Israel, Ukraine, Taiwan aid package - Globes

Having passed the House of Representatives on Saturday, the bill now goes to President Biden for signature.

Globes English | Israel Business Arena

25.04.2024

Delek unit Ithaca buys Eni's UK assets - Globes

Eni will receive a 37.3% stake in Ithaca, in a stock deal for its North Sea oil and gas assets, while Delek will reduce its stake from 90% to 52.7%.

home›Globes English | Israel Business Arena›Economy

Globes English | Israel Business Arena - Economy

Average monthly wage in Israel exceeds NIS 14,000 - Globes

Imco signs NIS 377m IDF armored corps deal - Globes

Discount Investment in talks to sell Elron to foreign VC fund - Globes

Elbit Systems awarded US Army Iron Fist deal - Globes

Apartments sold and rented - Globes

Tax Authority launches invoice certification program - Globes

Azerbaijani oil continues flowing to Israel via Turkey - Globes

Alcon to buy Israeli glaucoma treatment co Belkin Vision - Globes

Int'l cos reluctant to bid for new TA light rail tenders - Globes

Will Israel ever provide employees with right to disconnect? - Globes

Turkey bans exports of all goods to Israeli ports - Globes

OECD cuts Israel's growth forecast - Globes

Oasis Security raises $35m, doubles valuation - Globes

Permira buys control of BioCatch at $1.3b valuation - Globes

Eli Azur wins battle for Tamar Petroleum board after NeoGames exit - Globes

8,000 Palestinians furtively employed in Israeli construction - Globes

Deal or no deal with Hamas - the economic fallout - Globes

Competition Authority summons Victory CEO to hearing - Globes

Airlines hesitate over resuming Israel operations - Globes

Tnuva to put up prices of dozens of products - Globes

Israel replaces Patriot with David's Sling - Globes

Israeli startups raised over $1b in April - Globes

Israeli fintech co RiseUp lays off 50 - Globes

Gasoline prices in Israel to rise for fifth straight month - Globes

Shekel strengthens sharply against US dollar - Globes

Alony Hetz posts further revaluation losses - Globes

Apartments sold and rented - Globes

Cybersecurity co Island raises $175m at $3b valuation - Globes

Nvidia's Israel AI spending spree has downside - Globes

Israelis can now apply for passports online - Globes

Shekel sharply weakens in thin holiday trading - Globes

Mobileye falls on mixed Q1 results - Globes

Check Point beats analysts with strong Q1 results - Globes

IDF procurement of Chinese drones raises concerns - Globes

Nvidia to buy Israeli deep learning co Deci AI - report - Globes

SolarEdge share price hits five-year low - Globes

Nvidia acquires Israeli AI infrastructure co Run:ai - Globes

Can Rad Group survive in post Yehuda and Zohar Zisapel era? - Globes

US Senate passes Israel, Ukraine, Taiwan aid package - Globes

Delek unit Ithaca buys Eni's UK assets - Globes

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