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Globes English | Israel Business Arena
22.05.2025
The Israeli cybersecurity company has seen its valuation jump to $6 billion from $3.4 billion at the end of 2023, "Bloomberg" reports.
The Israeli airline also expects a bumper second quarter after the current extensive cancellations by foreign airlines.
The Red Line will be closed so that the tracks of the Green Line, due to begin operations next year, can be connected to the Red Line at their intersection points.
There is growing concern about damage to Israel's economic relations with its Western partners.
An Israeli delegation of 20 companies is taking part this week in the biennial DSEI international defense exhibition in Japan.
The Israeli Competition Authority was concerned that the merger would crowd out competing apps such as Cellopark in the parking payments sector and Yango in the taxi sector.
Mike Huckabee has expressed dissatisfaction about Israeli government initiatives that would harm Chevron and US streaming services.
The bank reports a 10% increase in credit to the public.
Ran Oz says that expenditure in areas such as food, travel and insurance is rising much faster than Central Bureau of Statistics figures indicate.
21.05.2025
Following the statement threatening action against Israel by the leaders of France, the UK and Canada, Jean-Noel Barrot said reopening of the agreement was a possibility.
Delta Airlines is resuming daily flights between Tel Aviv and New York today.
The backlog grew by $500 million in the first quarter to $23.1 billion.
As regulators in the US, EU and UK scrutinize the $32 billion deal, "Globes" assesses the chances of the acquisition being approved.
The laser missile defense system will be managed by the newly established Energy Warfare Administration in Rafael's Land and Naval Systems Division.
Net profit rose 12% in comparison with the first quarter of 2024, if last year’s sale of the bank’s headquarters building is excluded.
The profit has not yet been realized as the Japanese investment giant did not sell its shares in the Nasdaq flotation.
Much of the plan covers the UNESCO White City area, where there are strict preservation rules.
British prime minister Keir Starmer has said that the suffering of children in Gaza is "utterly intolerable."
20.05.2025
Nvidia's development center in Yokneam will play a central role in the production and supply of components to Saudi Arabia worth billions of dollars.
Deputy Attorney General Adv. Meir Levin writes that Minister of Communications Shlomo Karhi's bill will severely harm press freedom and freedom of speech.
The Israeli pharmaceutical company's debt at the end of the first quarter of 2025 was $16.7 billion, after the company repaid $1.4 billion in debt during the quarter.
Despite so many uncertainties, the Israeli shipping company has reaffirmed its annual guidance published positive results for the first quarter of 2025.
Michael O'Leary: If they're going to keep being disrupted by these security disruptions, frankly, we’d be better off sending those aircraft somewhere else in Europe.
Net profit jumped 25% from the corresponding quarter to NIS 2.4 billion, of which 40% will be distributed as a dividend.
From the second quarter, the bank will distribute 50% of its profits, subject to approval by the supervisor of banks.
The bill will give the accountant general the power to disqualify suppliers on the basis of an opinion from the police.
19.05.2025
Exclusive: Investors in Amnon's Shashua's latest AI startup include Dell Technologies Capital, the Barkat brothers BRM Capital and Pitango First.
According to CEO Russell Ellwanger, it was Tower that stopped the project, at its request, and withdrew from the collaboration 5-6 months ago.
The Israeli cybersecurity company has announced that it is expanding its global headquarters in Israel through the construction of a 100,000 square meter office campus in Tel Aviv.
A selection of recent real estate deals in Israel in Mevaseret Zion, Ramat Hasharon, Netanya, Atlit, Kiryat Motzkin and Netivot.
The new projects in Indiana will increase Doral’s production capacity in the state from 480 megawatts to 1,600 megawatts.
Despite the positive growth, private consumption fell by 5% from the corresponding quarter of 2024.
Leumit Health Fund is buying the six lowest floors in the G City Tower in West Rishon Lezion with 12,000 square meters of office space for NIS 155 million.
Israel Aerospace Industries and Phoenix Underwriting have made a debt settlement proposal that will leave the former in control of the satellite company.
16.05.2025
The new entrance will shorten the journey to Ben Gurion airport by 10 kilometers for drivers approaching from the west.
Sources tell "Globes" that until most recently, Azerbaijan has been pushing for a three-way summit in Baku with President Ilham Aliyev hosting Netanyahu and Turkish President Recep Tayyip Erdogan.
First quarter results were ahead of analysts' estimates, and the company announced a share buyback program.
Trophy is designed to enhance the defense capability of tanks and armored vehicles against anti-tank missiles, UAVs, and other threats.
The Hungarian low-cost carrier is only one of a handful of foreign airlines that have resumed flights this month, with most repeatedly extending their suspensions, some of them for long term periods.
The CPI rose 1.1% in April, which compares with market expectations of a 0.6-0.7% rise, bringing the annual rate of inflation to 3.6%.