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Israel Business News Feeds

Main Headlines from Globes

TAT Technologies wins $40m US airline deal (Sep 24, 2017 02:04 PM)
The Israeli company has won an estimated $40 million contract to renovate and maintain auxiliary power units (APUs) for the Boeing and Airbus fleets of a US airline.

TAT Technologies awarded $40m US airline deal (Sep 24, 2017 01:51 PM)
The Israeli company has won an estimated $40 million contract to renovate and maintain auxiliary power units (APUs) for the Boeing and Airbus fleets of a US airline.

US Senate boosts Israel's missile defense program (Sep 24, 2017 12:51 PM)
The Senate voted $558 million in additional aid for Israel in 2018.

Tamar breakdown may raise electricity rates (Sep 24, 2017 12:36 PM)
Repair of the malfunction discovered during routine maintenance work at the Tamar natural gas reservoir will probably be completed only at the end of next week.

SAP buys Israeli startup Gigya for $350m (Sep 24, 2017 12:31 PM)
Gigya develops social platforms for Internet sites.

Shari Arison selling 49% of her Bank Hapoalim stake (Sep 24, 2017 12:01 PM)
An MOU has been signed with investors from North America.

Shari Arison selling 49% of her Bank Hapoalim stake (Sep 24, 2017 10:52 AM)
An MOU has been signed with investors from North America.

Shari Arison selling 49% of her Bank Hapoalim stake (Sep 24, 2017 10:51 AM)
An MOU has been signed with investors from North America.

SAP seen buying Israeli startup Gigya for $350m (Sep 24, 2017 10:32 AM)
Gigya develops social platforms for Internet sites.

Shari Arison selling 49% of Arison Holdings (Sep 24, 2017 10:13 AM)
Arison Holdings holds the controlling stake in Bank Hapoalim. An MOU has been signed with investors from North America.

Shari Arison selling 49% of Arison Holdings (Sep 24, 2017 10:06 AM)
A memorandum of understanding has been signed with an investment firm and financial institutions from North America.

SAP seen buying Israeli startup Gigya for $350m (Sep 24, 2017 09:47 AM)
Gigya develops social platforms for Internet sites.

CVC close to buying 40% of Super-Pharm (Sep 24, 2017 08:46 AM)
Controlling shareholder Leon Koffler is negotiating a sale at a NIS 1.9 billion valuation.

Israeli co Enlivex Therapeutics raises $8m (Sep 20, 2017 09:16 AM)
The financing led by Korea Investment Partners will fund Phase III clinical trials of the Jerusalem company's lead compound for the prevention of Graft Vs Host Disease (GVHD).

First third of Red Line completed (Sep 20, 2017 08:44 AM)
NTA CEO Yehuda Bar-On is confident that the Tel Aviv light rail Red Line will be operating by 2021, and three lines will be operating in 2024.

Tue: Teva continues to tumble as market falls (Sep 19, 2017 07:08 PM)
Teva and Frutarom led the TASE down today as Delek Drilling and Isramco bucked the market.

Teva teams with Nuvelution on Tourette syndrome drug (Sep 19, 2017 06:31 PM)
The two companies will develop AUSTEDO (deutetrabenazine) tablets for the treatment of tics associated with Tourette syndrome in pediatric patients in the US.

Karmiel railway line opens (Sep 19, 2017 06:16 PM)
Residents of the region will travel for free for 3 months and at a 50% discount for the two years after that.

Teva in talks with Azrieli to rent new Petah Tikva HQ (Sep 19, 2017 06:06 PM)
Azrieli yesterday bought land in Petah Tikva from Amos Luzon and Tidhar.

Agriculture Ministry to recognize cannabis as farming sector (Sep 19, 2017 06:01 PM)
Cannabis growers for medical use will receive support, grants, water quotas, and training.

Karmiel railway line opens (Sep 19, 2017 05:58 PM)
Residents of the region will travel for free for 3 months and at a 50% discount for the two years after that.

Compromise reached with nuclear employee cancer victims (Sep 19, 2017 05:32 PM)
170 nuclear reactor employees, pensioners, and families will receive NIS 78 million.

Compromise reached with nuclear employee cancer victims (Sep 19, 2017 05:31 PM)
170 nuclear reactor employees, pensioners, and families will receive NIS 78 million.

Israeli sugar reduction co DouxMatok raises $8.1m (Sep 19, 2017 05:17 PM)
Tests conducted by food and beverage multinationals have confirmed that, when using DouxMatok sugars, they can reduce up to 40% of the sugar content in their products.

MediWound raises $22m in Nasdaq offering (Sep 19, 2017 05:15 PM)
The company's wound treatment product has successfully passed Phase II trials.

Compromise reached with nuclear employee cancer victims (Sep 19, 2017 04:09 PM)
170 nuclear reactor employees, pensioners, and families will receive NIS 78 million.

Trump procrastinates on peace process (Sep 19, 2017 03:53 PM)
Washington analysts believe the White House has decided to refrain from any "obsessive engagement" in the Israeli-Palestinian conflict.

Container security co Aqua Security raises $25m (Sep 19, 2017 03:41 PM)
The investment will enable the Israeli company to capitalize on the strong demand for its cloud-native container security platform.

Trump procrastinates on peace process (Sep 19, 2017 03:05 PM)
Washington analysts believe the White House has decided to refrain from any "obsessive engagement" in the Israeli-Palestinian conflict

Israeli sugar reduction co DouxMatok raises $8.1m (Sep 19, 2017 02:00 PM)
Tests conducted by food and beverage multinationals have confirmed that, when using DouxMatok sugars, they can reduce up to 40% of the sugar content in their products.

Israel's population reaches 8.74m on eve of 5778 (Sep 19, 2017 01:16 PM)
The country's population will reach 10 million by 2024, the Central Bureau of Statistics reports.

Limit for online imports tax exemption to remain $75 (Sep 19, 2017 12:44 PM)
A government committee does, however, recommend easing regulations applying to personal imports.

Big data co Panoply raises $5m (Sep 19, 2017 12:03 PM)
Panoply combines machine learning with traditional data management and storage technologies.

Israeli cos Ceva, Orbotech on Fortune Fastest-Growing list (Sep 19, 2017 11:16 AM)
Ceva ranked 52nd overall on the list and Orbotech 79th.

Trump highlights peace with Palestinians (Sep 19, 2017 10:54 AM)
In his public statement to US President Trump at their meeting in New York, Prime Minister Benjamin Netanyahu stressed "the terrible nuclear deal with Iran." 

Hapoalim raises NIS 900m in deposits from institutions (Sep 19, 2017 10:19 AM)
For a year now, Bank Hapoalim has been raising capital privately, avoiding the need to publish a prospectus.

Mon: Frutarom maintains momentum (Sep 18, 2017 07:45 PM)
The main indices rose today in line with global markets, with Frutarom leading the way, but Teva slipped further.

Treasury budget dept halts industry aid program launch (Sep 18, 2017 07:33 PM)
The department opposes any increase in budgetary spending for industrialists.

Light demand for Navitas equity offering (Sep 18, 2017 07:25 PM)
Energy exploration partnership Navitas raised only NIS 32 million of the NIS 50 million it wanted.

High-density living coming to Caesarea (Sep 18, 2017 07:21 PM)
The new project consists of 86 apartments in 3-4 storey buildings.

Outbrain launches new native advertising platform (Sep 18, 2017 06:28 PM)
Outbrain says that its new system makes it the world's largest distribution system for native advertising.

Israel Innovation Authority eyes second biotech incubator (Sep 18, 2017 06:11 PM)
The success of FutuRX in Rehovot has led the Innovation Authority to plan an incubator in northern Israel as well.

Israeli surgical visualization co Augmedics raises $8.3m (Sep 18, 2017 05:49 PM)
The round was led by Swiss fund AO Invest.

Elbit Systems restructuring cyber subsidiary (Sep 18, 2017 04:14 PM)
Cyberbit's defense business is being transferred to the parent company.

Amos Luzon, Tidhar sell Petah Tikva land to Azrieli for NIS 91m (Sep 18, 2017 04:08 PM)
Azrieli plans to build a 53,000-square meter office building on the site.

Teva sells remaining women's health assets for $1.38b (Sep 18, 2017 03:37 PM)
Together with the sale of Paragard, Teva will realize $2.48 billion for repayment of loan debt.

Teva sells remaining women's health assets for $1.38b (Sep 18, 2017 03:35 PM)
Together with the sale of Paragard, Teva will realize $2.48 billion for repayment of loan debt.

Magal sees North American revival (Sep 18, 2017 02:53 PM)
The company has received orders totaling over $5 million to provide security solutions for correctional facilities.

Shlomo Eliahu raises NIS 1.3b in bond offering (Sep 18, 2017 01:40 PM)
The interest rate on the bond, which will not be marketable, was set at 3.8%, well below the maximum.

Shlomo Eliahu raises NIS 1.3b in bond offering (Sep 18, 2017 10:28 AM)
The interest rate on the bond, which will not be marketable, was set at 3.8%, well below the maximum.

Shlomit Weiss moves from Intel to Mellanox (Sep 17, 2017 07:43 PM)
Weiss will replace Mellanox co-founder Alon Webman at the head of Mellanox's silicon engineering team.

Collplant receives first order for biological ink (Sep 17, 2017 07:42 PM)
The ink is designed for 3D printing of organs and tissues for healing wounds.

Securities Authority close to concluding Bezeq probe (Sep 17, 2017 07:38 PM)
The case will shortly be handed over to the State Attorney for a decision on whether to file indictments.

Treasury to cancel customs duty on baby-care products (Sep 17, 2017 07:10 PM)
Imported spectacles and contact lenses will also become free of duty.

Teva using less water, producing less garbage (Sep 17, 2017 07:01 PM)
Teva's 2016 social impact report shows women doing well in lower management but under-represented in the most senior posts.

Meitav Dash acquiring Bank of Jerusalem TASE subsidiary (Sep 17, 2017 06:40 PM)
The prospective merger will reduce the number of TASE members to 22.

Sun: Teva slips back further (Sep 17, 2017 06:38 PM)
Frutarom stood out today with a strong rise, but Teva held the Tel Aviv 35 back.

BoI: Low interest rate not to blame for home prices (Sep 17, 2017 06:21 PM)
A Bank of Israel study finds that a 1% change in the interest rate causes only a 1.1% change in real housing prices.

Joint Cornell, Technion campus opens in New York (Sep 17, 2017 05:37 PM)
The New York municipality initiated the campus for training in technology and entrepreneurship.

Shlomit Weiss moves from Intel to Mellanox (Sep 17, 2017 05:18 PM)
Weiss will replace Mellanox co-founder Alon Webman at the head of Mellanox's silicon engineering team.

As control battle continues, ADO buys in Berlin (Sep 17, 2017 05:10 PM)
The company bought 1,298 housing units and 60 commercial units in Berlin for NIS 885 million.

Ethernity Networks improves profitability (Sep 17, 2017 04:04 PM)
In its first financials as a public company, Ethernity reported a steep rise in gross margins, but financing costs weighed on net profit.

Bezeq to support 8200 Social Program (Sep 17, 2017 02:09 PM)
Bezeq will give each startup in the social technology accelerator communications services worth NIS 1,000 a month.

Israeli Startup Companies and Venture Capital from Globes

Israeli co Enlivex Therapeutics raises $8m (Sep 20, 2017 09:16 AM)
The financing led by Korea Investment Partners will fund Phase III clinical trials of the Jerusalem company's lead compound for the prevention of Graft Vs Host Disease (GVHD).

Israeli sugar reduction co DouxMatok raises $8.1m (Sep 19, 2017 05:17 PM)
Tests conducted by food and beverage multinationals have confirmed that, when using DouxMatok sugars, they can reduce up to 40% of the sugar content in their products.

Container security co Aqua Security raises $25m (Sep 19, 2017 03:41 PM)
The investment will enable the Israeli company to capitalize on the strong demand for its cloud-native container security platform.

Israeli sugar reduction co DouxMatok raises $8.1m (Sep 19, 2017 02:00 PM)
Tests conducted by food and beverage multinationals have confirmed that, when using DouxMatok sugars, they can reduce up to 40% of the sugar content in their products.

Big data co Panoply raises $5m (Sep 19, 2017 12:03 PM)
Panoply combines machine learning with traditional data management and storage technologies.

Israel Innovation Authority eyes second biotech incubator (Sep 18, 2017 06:11 PM)
The success of FutuRX in Rehovot has led the Innovation Authority to plan an incubator in northern Israel as well.

Israeli surgical visualization co Augmedics raises $8.3m (Sep 18, 2017 05:49 PM)
The round was led by Swiss fund AO Invest.

ZenCity raises $1.7m to help cities assist residents (Sep 17, 2017 07:11 PM)
ZenCity's product is already installed in more than 10 local authorities in Israel including Tel Aviv and is undergoing a pilot in Paris.

Bezeq to support 8200 Social Program (Sep 17, 2017 02:09 PM)
Bezeq will give each startup in the social technology accelerator communications services worth NIS 1,000 a month.

Daimler invests in Israeli fast battery charge co StoreDot (Sep 14, 2017 03:22 PM)
Daimler has come in as a strategic investor to accelerate adoption of StoreDot's FlashBattery technology for electric vehicles.

Strauss markets startup Yofix's vegan yoghurt (Sep 13, 2017 02:14 PM)
The startup is currently negotiating with a distributor to the supermarket chains.

Israeli co AdaSky launches infrared smart car sensor (Sep 12, 2017 12:08 PM)
The Yokneam-based company's first product Viper is a high-resolution, thermal camera for autonomous vehicles with minimal size, weight and power consumption.

Ami Appelbaum to be appointed chief scientist (Sep 11, 2017 06:26 PM)
Appelbaum is president of KLA Tencor Israel.

Glispa acquires Israeli ad tech co justAd (Sep 11, 2017 05:10 PM)
Tel Aviv based justAd has developed a tech platform that allows brands and agencies to easily create, serve and analyze interactive ads.

Israeli co Tarya leads the P2P loan revolution (Sep 10, 2017 02:00 PM)
Tarya CEO Eyal Elhayany tells "Globes" about the company's social philosophy and credit profile software, which is set to disrupt the banking sector.

Cloudinary competes successfully with PhotoShop (Aug 30, 2017 01:16 PM)
Even after five years of activity, Israeli startup Cloudinary has not raised any venture capital. 

Israeli co Reduxio renders ransomware ineffective (Aug 28, 2017 07:18 PM)
Reduxio's innovative data storage method foils hackers looking to hold company's for ransom. 

iOi builds digital profile from cellular data (Aug 15, 2017 07:29 PM)
Gabi Attal has founded a big data company that utilizes cellular operators and is trying to buck the Google-Facebook digital ad duopoly.

Chorus.ai wants to improve sales talk (Aug 14, 2017 06:22 PM)
The Israeli startup, which has already raised $22 million, is transcribing and analyzing the conversations of sales personnel.

Investors can make or break startups (Aug 13, 2017 02:19 PM)
Sisense cofounder Aviad Harel sets out important principles that will help entrepreneurs recruit the right investors.

Teva's collapse could happen to Israeli economy (Aug 11, 2017 07:08 PM)
Israel is putting too many eggs in the startup basket, warns Avi Tiomkin.

Rising auto-tech star Oryx Vision not seeking quick exit (Aug 9, 2017 05:23 PM)
After raising $50 million, Oryx CEO Rani Wellingstein tells "Globes" about his company's LiDAR technology for autonomous cars.

Israeli high-tech cos offer hundreds of job (Jul 30, 2017 06:07 PM)
In big data, cybersecurity, software IT, Internet of Things, AI and machine learning, auto-tech and much more, Israeli startups are hunting hard to hire qualified personnel.

Israeli co develops robots to ease loneliness (Jul 13, 2017 07:07 PM)
Intuition Robotics' robot communicates with and encourages senior citizens.

50 startups founded in Negev in 2016 (Apr 3, 2017 05:38 PM)
The Beersheva high-tech park already has over 40 companies and 1,800 employees.

SilicoNegev to boost southern entrepreneurship (Apr 3, 2017 05:37 PM)
The winning startup in a Negev competition will be granted a NIS 500,000 investment.

Betrayal (Mar 5, 2017 04:36 PM)
It's the only word to describe the failure of Israeli financial institutions to invest in our high-tech industry.


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