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Globes English | Israel Business Arena
21.02.2025
The Canadian airline will resume Toronto-Tel Aviv flights on June 8 and Montreal-Tel Aviv flights in August.
The product family includes systems mounted on personal rifles, remotely controlled systems, and systems carried by vehicles, robots, and even drones.
NICE sees $693-703 million revenue in the first quarter of 2025, up 6% from the corresponding quarter of 2024, with non-GAAP earnings per share of $2.78-2.88 - 3.8% below the analysts' consensus for revenue and 2.4% below for profit.
The plan for the Hahashmal neighborhood opposite the Old Central Bus Station includes a 30-floor tower.
The first shipments of vehicles are likely to reach Israel via the Suez Canal in the coming months.
For the deal to go through, approval is now needed from the Supervisor of Banks and the Israel Competition Authority.
20.02.2025
Ticket prices to the US will continue to cost at least $1,200 return, according to Ophir Tours, with most fares ranging between $1,500 and $2,000, or even more.
The Israeli website building platform company reported its first-ever GAAP operating profit in 2024.
The shekel continues to trade at its strongest levels against the dollar since early 2023.
The new round represents an increase in valuation for Augury, which maintains its position as a ‘unicorn’ startup.
The Israel Competition Authority today issued first indictments, following the food price fixing investigation.
Four huge tenders for almost 4,000 homes, which have been successfully marketed in the north Tel Aviv district, reflect prices over 40% lower than in 2022.
19.02.2025
Exclusive: Sources close to the deal have told "Globes" that Ilya Sutskever's AI enterprise SSI has leased offices in Tel Aviv's Midtown high-rise tower.
The sensor solutions company will seek to raise about $21.5 million at a company valuation of $129 million.
After beating the analysts on revenue and profit, the work operating systems company is now the fourth most valuable Israeli company on Wall Street.
A selection of recent real estate deals in Israel in Petah Tikva, Ashdod, Kiryat Motzkin, Tiberias, Ashkelon and Ofakim.
The veteran cybersecurity company has formed a strategic partnership with Israeli company Wiz to provide end-to-end cloud security.
The secretive AI company was reportedly founded in June 2024 and has said that it plans to operate from offices in Palo Alto and Tel Aviv.
National Economic Council chairman Prof. Avi Simhon: If we are convinced this is a continuing trend, the first tax I would reduce is cutting VAT back to 17%.
Intel Israel CEO Karin Eibschitz Segal has been appointed Intel's interim head of Intel's data center and artificial intelligence, the third most important position at the US chipmaker.
Ministry of Defense demands to supply Israel first has meant overseas deliveries have been delayed, irking the Philippines in particular.
Voyantis combines predictive and prescriptive AI to eliminate guesswork traditionally involved in assessing a customer’s potential value.
The Israeli company aims to disrupt the optical industry by digitalizing the lens coating process.
The Israeli defense electronics company will provide a Joint National Digital Fire Command Center (JNDFC) to a European country and integrate it with the customer’s strategic and tactical firing platforms.
The report observes that there is a de facto boycott of Israeli products and that Israeli exports are at high risk, with a significant aversion to products labeled “Made in Israel.”
Israeli adtech company AppsFlyer is laying off 100 employees, in a streamlining move in order to stay “flexible, innovative, and focused on long-term success."
In addition to daily flights from March 15, a second flight each day will be added from March 29.
Speaking at the Cyber Risk Management Conference, Yigal Unna warned that Chinese AI model, DeepSeek lowers the entry threshold for cyberattacks, thus enabling targeted attacks on an unprecedented scale.
Airline industry sources believe the carrier will restart Tel Aviv-Istanbul services on a smaller scale than previously in June, with full operations restored in October 2025.
US investor Sender Cohen says Nevo Labs will focus on research for long term commercial development in three key research areas: AI, quantum computing, and synthetic biology.
Meta (Facebook) is simultaneously laying off 5% of its employees at all the company's centers worldwide including in Israel.
Bank Hapoalim: This is a correction, the shekel will continue to strengthen.
The airline will operate seven weekly flights using Boeing B737-900 aircraft.
The US State Department has officially told Congress about its plans for the deal with deliveries beginning later this year and due to be completed in 2028.
In December 2024, the average monthly wage in Israel was up 4.4% from December 2023, the Central Bureau of Statistics reports.
The Israeli digital payments company has cut its valuation 60% to $3.5 billion, "Bloomberg" reports.
The Israeli pharmaceutical company's debt fell to $17.8 billion at the end of 2024, down from $19.8 billion at the end of the 2023.
The improvement in the fiscal deficit follows all-time record state revenues of NIS 63.1 billion in January, and a fall in government spending.
The official invitation extended to the delegation could pave the way to closer Israel-Qatar ties.
Altshuler Shaham and other institutional investors are in advanced talks to buy a minority stake in the computer and electronics chain.