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Israel Business News Feeds

Main Headlines from Globes

Blue & White consolidates lead in latest polls (Jan 17, 2020 07:01 AM)
The latest polls from Channels 11, 12 and 13, conducted after the lists for the March 2 elections were submitted, all show the stalemate continuing.

Blow to Amnesty court bid to revoke NSO export license (Jan 16, 2020 06:56 PM)
A Tel Aviv judge has cited national security concerns and ordered the case to be heard behind closed doors.

Blow to Amnesty court bid to revoke NSO export license (Jan 16, 2020 06:54 PM)
A Tel Aviv judge has cited national security concerns and ordered the case to be heard behind closed doors.

Thu: TA 35 Index up 2.4% for week (Jan 16, 2020 06:52 PM)
Perrigo and Shapir led the market higher today but Israel Chemicals fell again.

Blow to Amnesty court bid to revoke NSO export license (Jan 16, 2020 04:57 PM)


Cloud monitoring co Epsagon raises $16m (Jan 16, 2020 04:28 PM)
Epsagon enables DevOps and engineering teams to monitor, visualize, troubleshoot and quickly fix their cloud applications.

Teva must return non-MS Copaxone rights to Proneuron (Jan 16, 2020 04:04 PM)
The Supreme Court has upheld a ruling in the Tel Aviv District Court.

Israeli digital X-ray co Nanox raises $26m (Jan 16, 2020 03:30 PM)


Home sales slump in Israel's biggest cities (Jan 16, 2020 01:28 PM)
The number of annual real estate deals has fallen in recent years in Jerusalem, Tel Aviv and Haifa, the Madlan website reports.

Haifa Port privatization underway (Jan 16, 2020 11:55 AM)
The buyer will have to undertake to invest NIS 1 billion in the port.

CPI unchanged in December, home prices still rising (Jan 16, 2020 10:50 AM)
Correction: Israel's Consumer Price Index rose by 0.6% in 2019, well below the government's 1%-3% target range for inflation.

CPI unchanged in December, home prices still rising (Jan 16, 2020 10:48 AM)
Correction: Israel's Consumer Price Index rose by 0.6% in 2019, well below the government's 1%-3% target range for inflation.

Mellanox joins IAI-led cyber consortium (Jan 16, 2020 10:38 AM)
The Israeli Cyber Companies Consortium provides cybersecurity solutions to governments.

Right-wing parties unite at last minute (Jan 16, 2020 10:19 AM)
Naftali Bennett and Ayelet Shaked's New Right party will run for Knesset on a joint list with Rafi Peretz's Habayit Hayehudi. Otzma Yehudit will run separately.

Right-wing parties unite at last minute (Jan 16, 2020 10:07 AM)
Naftali Bennett and Ayelet Shaked's New Right party will run for Knesset on a joint list with Rafi Peretz's Habayit Hayehudi. Otzma Yehudit will run separately.

Shekel stronger ahead of December CPI reading (Jan 16, 2020 09:24 AM)
Analysts forecast that the December Consumer Price Index rose 0.1%, leaving inflation in 2019, well below the 1%-3% target range.

CPI up 0.1% in December, home prices still rising (Jan 16, 2020 09:24 AM)
Israel's Consumer Price Index has risen by 0.6% over the past year, well below the government's 1%-3% target range for inflation.

AI transcription co Verbit raises $31m (Jan 15, 2020 09:40 PM)
The Israeli startup has developed a platform for AI transcriptions and smart captions.

Tshuva's Elad Group raises NIS 500m bond on TASE (Jan 15, 2020 09:17 PM)
Elad Group handles Tshuva's real estate business in North America.

Merrill Lynch says go short on shekel (Jan 15, 2020 06:58 PM)
Merrill Lynch's analysts observe that the Bank of Israel is determined to weaken the Israeli currency.

Merrill Lynch says go short on shekel (Jan 15, 2020 06:54 PM)
Merrill Lynch's analysts observe that the Bank of Israel is determined to weaken the Israeli currency.

CPI up 0.1% in Dec, home prices still rising (Jan 15, 2020 06:53 PM)
Israel's Consumer Price Index has risen by 0.6% over the past year, well below the government's 1%-3% target range for inflation.

Merrill Lynch recommends going short on shekel (Jan 15, 2020 06:39 PM)
Merrill Lynch's analysts observe that the Bank of Israel is determined to weaken the Israeli currency.

Wed: Teva gains 19% in 2 days to buoy TASE (Jan 15, 2020 06:26 PM)
Pharma stocks Teva, Perrigo and Opko lifted the market even though the big banks fell strongly.

Alfred Akirov mulls IPO for Swiss unit (Jan 15, 2020 06:02 PM)
Epic Suisse, which holds commercial centers, offices, and distribution centers, has a NIS 4.3 billion value.

AI healthcare analytics platform Clew raises $10m (Jan 15, 2020 04:17 PM)
The Israeli company's healthcare analytics platform delivers improved clinical and operational outcomes by predicting life-threatening complications.

AI healthcare analytics platform Clew raises $10m (Jan 15, 2020 04:02 PM)
The Israeli company's healthcare analytics platform delivers improved clinical and operational outcomes by predicting life-threatening complications.

Gene editing co Emendo Biotherapeutics raises $61m (Jan 15, 2020 02:00 PM)
The company develops next-generation gene editing using synthetic biology to address untreatable diseases.

ILA pushing for 9,800 new homes in Glilot north Tel Aviv (Jan 15, 2020 12:59 PM)
Israel Land Authority (ILA) is asking that authority for the huge Glilot site plan be taken away from the Tel Aviv District Planning and Building Commission.

Israel readies for 60 flights with world leaders (Jan 15, 2020 11:45 AM)
Low-cost flghts will be switched to Ben Gurion airport Terminal 3 next week as the airport makes special arrangements to receive leaders attending the event for the 75th anniversary of the liberation of Auschwitz.

Shekel stronger ahead of Dec CPI reading (Jan 15, 2020 11:04 AM)
Analysts forecast that the December Consumer Price Index rose 0.1%, leaving inflation in 2019, well below the 1%-3% target range.

Gas begins flowing from Israel to Egypt (Jan 15, 2020 09:44 AM)
To mark the occasion, the energy ministers of Israel, Egypt, Italy, Greece, Cyprus, Jordan and the Palestinian Authority will meet in Cairo today.

Gas begins flowing from Israel to Egypt (Jan 15, 2020 08:19 AM)
To mark the occasion, the energy ministers of Israel, Egypt, Italy, Greece, Cyprus, Jordan and the Palestinian Authority will meet in Cairo today.

Gas begins flowing from Israel to Egypt (Jan 15, 2020 08:15 AM)
To mark the occasion, the energy ministers of Israel, Egypt, Italy, Greece, Cyprus, Jordan and the Palestinian Authority will meet in Cairo today.

Bard buys Israeli hernia mesh co LifeBond (Jan 15, 2020 07:11 AM)
The US medical device company will pay close to the $60 million that LifeBond has raised from investors.

ISA recommends moving ahead with digital trading platform (Jan 14, 2020 07:38 PM)
The committee focused on digital platforms for offerings, trading, and clearance of securities using distributed ledger technology.

Tel Aviv plans 5,000 new hotel rooms in next 5 years (Jan 14, 2020 07:33 PM)
The Tel Aviv Hotel Association said that the city's 8,800 rooms had 76% occupancy in 2019 compared with 70% nationwide.

Tue: Teva soars, lifts TASE (Jan 14, 2020 07:23 PM)
Teva and Perrigo led the rises on the market today while Delek led the declines.

Israeli spacer balloon co BioProtect raises $13m (Jan 14, 2020 06:55 PM)
BioProtect's ProSpace balloon spacer protects prostate cancer patients undergoing radiation therapy.

New home sales rose in 2019 (Jan 14, 2020 06:32 PM)
More new homes were sold in the first eleven months of 2019 than in all of 2018, the Central Bureau of Statistics reports.

Smotrich joins New Right, splits from Rafi Peretz (Jan 14, 2020 06:04 PM)
Bezalel Smotrich has teamed up with Naftali Bennett and Ayelet Shaked, splitting from Rafi Peretz and the far right Otzma Yehudit.

Smotrich joins New Right splits, from Rafi Peretz (Jan 14, 2020 05:08 PM)
Bezalel Smotrich has teamed up with Naftali Bennett and Ayelet Shaked, splitting from Rafi Peretz and the far right Otzma Yehudit.

EU grants BiolineRX treatment orphan drug status (Jan 14, 2020 04:49 PM)
Last year, Motixafortide received Orphan Drug Designation for the treatment of Pancreatic Cancer from the US Food and Drug Administration (FDA).

Smotrich joins New Right splits from Rafi Peretz (Jan 14, 2020 04:33 PM)
Bezalel Smotrich has teamed up with Naftali Bennett and Ayelet Shaked, splitting from Rafi Peretz and the far right Otzma Yehudit.

IVC-Meitar: Israeli exits rose to $21.7b in 2019 (Jan 14, 2020 03:10 PM)
The total value of exits of up to $5 billion in 2019 was the highest ever, with $14.84 billion in 2019, compared with $12.63 billion in 2018.

Number of Israelis owning two homes up to 10% (Jan 14, 2020 03:03 PM)
27.5% of households in Israel owned no home in 2018, compared with 28.2% in 2017, the Central Bureau of Statistics reports.

Number of Israelis owning two homes up to 10% (Jan 14, 2020 02:34 PM)
27.5% of households in Israel owned no home in 2018, compared with 28.2% in 2017, the Central Bureau of Statistics reports.

Israeli co Cellebrite buys US co BlackBag for $33m (Jan 14, 2020 01:18 PM)
The company's systems can collect and analyze data from mobile phones for law enforcement agencies.

Israeli co Cellebrite buys US co BlackBag for $33m (Jan 14, 2020 01:18 PM)
The company's systems can collect and analyze data from mobile phones for law enforcement agencies.

Israeli co Cellebrite buys US co BlackBag for $33m (Jan 14, 2020 01:04 PM)
The company's systems can collect and analyze data from mobile phones for law enforcement agencies.

Perion buys Content IQ as web goes cookie-less (Jan 14, 2020 12:53 PM)
Perion Network is paying up to $73 million for New York and Tel Aviv-based Content IQ.

Teva looks to China (Jan 14, 2020 12:37 PM)
At the JP Morgan Healthcare Conference, Teva CEO Kare Schultz said the company was on target with streamlining and debt reduction, and outlined its strategy for the Chinese market.

Unity saves left, poll finds (Jan 14, 2020 09:58 AM)
The first poll results published after Labor and Meretz announced their merger gives them no additional strength but puts them safely above the minimum threshold.

Unity saves left, poll finds (Jan 14, 2020 09:55 AM)
The first poll results published after Labor and Meretz announced their merger gives them no additional strength but puts them safely above the minimum threshold.

Bar Refaeli's mother could take tax rap, get prison (Jan 14, 2020 07:50 AM)
The international model herself would remain out of prison despite pleading guilty to tax evasion for millions of shekels in taxes.

Mon: TASE edges higher despite Teva fall (Jan 13, 2020 07:14 PM)
Delek Group and Elbit systems led the market higher today while Teva and Paz led the declines.

Tel Aviv light rail Red Line won't open next year (Jan 13, 2020 06:37 PM)
NTA's board has reported that the Red Line won't be ready until 2022 and that tender deadlines for the Green and Purple lines have been postponed by six months.

New housing to replace Jerusalem absorption center (Jan 13, 2020 06:01 PM)
The 1970s building in Gilo will be replaced by a new neighborhood of 1,032 apartments.

Knesset proceeds on Netanyahu's immunity request (Jan 13, 2020 05:53 PM)
The Knesset Arrangements Committee decided to form the House Committee to deal with the application for immunity from prosecution.

Knesset proceeds on Netanyahu's immunity request (Jan 13, 2020 05:45 PM)
The Knesset Arrangements Committee decided to form the House Committee to deal with the application for immunity from prosecution.

Morgan Stanley downgrades Check Point (Jan 13, 2020 04:41 PM)
Analyst Steve Weiss has also cut the Israeli cybersecurity company's target price by 6% from $115 to $106.

Travel co Talma buys Smartair website ahead of IPO (Jan 13, 2020 04:23 PM)
Completion of the NIS 40 million deal is contingent on Talma's IPO, which aims to raise NIS 150-200 million.

Elbit wins Finnish tank ammunition deal (Jan 13, 2020 02:27 PM)
Elbit Systems unit IMI Systems will provide the Finnish Defense Forces with NATO compliant 120mm High Explosive Multi-Purpose ammunition.

President Rivlin cuts Nochi Dankner's jail term (Jan 13, 2020 02:22 PM)
Dankner will now be able to apply to the Release Committee for immediate release on medical grounds.

Bar Refaeli's mother could take tax rap, get prison (Jan 13, 2020 02:18 PM)
The international model herself would remain out of prison despite pleading guilty to tax evasion for millions of shekels in taxes.

Navitas raises NIS 271m for Shenandoah Project (Jan 13, 2020 01:17 PM)
An investment decision on the oil project in the Gulf of Mexico is expected within the next few months.

Harel in fourth San Francisco office building deal (Jan 13, 2020 12:08 PM)
Insurance group Harel has bought 33% of the rights in two buildings in San Francisco's South Financial District.

Michael Dell fund sells Rami Levy shares (Jan 13, 2020 11:36 AM)
MSD Capital, the family office of US technology billionaire Michael Dell, sold a 2% stake in the Israeli supermarket chain, leaving it with just over 5%.

Netanyahu cuts short cabinet discussion of deficit (Jan 13, 2020 11:07 AM)
The prime minister said political uncertainty made projections impossible, and presented positive figures on Israel's labor market and debt raising.

Israel's left unites (Jan 13, 2020 09:30 AM)
Labor leader Amir Peretz and Meretz leader Nitzan Horowitz have agreed that their parties will run on a joint list in the upcoming Knesset election.

Israel's left unites (Jan 13, 2020 09:28 AM)
Labor leader Amir Peretz and Meretz leader Nitzan Horowitz have agreed that their parties will run on a joint list in the upcoming Knesset election.

Atlit to build industrial park (Jan 12, 2020 09:22 PM)
The Matam technology park and business zones in Tirat HaCarmel and Yokne'am are already competing for businesses.

Electra to build Jerusalem entrance park and ride lot (Jan 12, 2020 09:13 PM)
The underground park and ride lot beneath Shazar Boulevard will have 1,370 parking spaces.

Sun: Teva up on flat TASE (Jan 12, 2020 06:31 PM)
Teva rose today on a flat market as Delek and other energy stocks fell sharply.

Taxi drivers triumph as fare reform postponed (Jan 12, 2020 06:16 PM)
The reform was designed to make taxi fares more transparent.

Hapoalim: Israeli institutional investors boosting shekel (Jan 12, 2020 05:48 PM)
Bank Hapoalim believes that Israeli pension funds are reducing their exposure to the exchange rate by selling foreign currency through hedging activity.

Clal Insurance teams with Allied on new Tel Aviv tower (Jan 12, 2020 04:43 PM)
Clal Insurance will invest NIS 150 million towards the cost of the land and construction of a 34-floor office tower.

Wertheimers sell Galilee land for NIS 600m (Jan 12, 2020 04:42 PM)
The Menivim REIT fund has bought three sites in the Tefen industrial zone and land and buildings in Nahariya.

Kinneret up 1 meter over past month (Jan 12, 2020 03:48 PM)
The lake still remains two meters below its maximum level, the Kinneret Authority reports.

Clal Insurance teams with Allied on Tel Aviv tower (Jan 12, 2020 03:01 PM)
Clal Insurance will invest NIS 150 million towards the cost of the land and construction of a 34-floor office tower.

Apartments sold and rented (Jan 12, 2020 02:35 PM)
A selection of recent real estate deals in Israel including in Jerusalem, Nertanya, Ashdod, Arad and Eilat.

Tamar Petroleum slumps on delayed offering (Jan 12, 2020 01:03 PM)
The Tamar gas field rights owner has postponed a NIS 140 million offering because of 'market conditions.'

Treasury sees hit to social services without new budget (Jan 12, 2020 12:20 PM)
The Ministry of Finance is unable to adjust spending priorities under transitional budget rules. It is also concerned that jobs growth is mainly in the public sector.

Moshe Kahlon set to leave politics (Jan 12, 2020 10:46 AM)
Minister of Finance Moshe Kahlon will thereby fulfill his commitment not to serve in a government with a prime minister who has been indicted on criminal charges.

Discount Bank finances Ivory Coast water project (Jan 12, 2020 10:31 AM)
The €165 million water treatment project in Abidjan will be carried out by Fluence Water Israel.

BoI Governor blames speculators for strong shekel (Jan 10, 2020 03:40 PM)
Prof. Amir Yaron said the bank is prepared to buy as much foreign currency as it takes to prevent the appreciation of the shekel.

Israeli Startup Companies and Venture Capital from Globes

Israeli digital X-ray co Nanox raises $26m (Jan 16, 2020 05:24 PM)


Cloud monitoring co Epsagon raises $16m (Jan 16, 2020 04:28 PM)
Epsagon enables DevOps and engineering teams to monitor, visualize, troubleshoot and quickly fix their cloud applications.

Bard buys Israeli hernia mesh co LifeBond (Jan 16, 2020 03:02 PM)
The US medical device company will pay close to the $60 million that LifeBond has raised from investors.

"Israel's tech industry needs the multinationals" (Jan 16, 2020 02:59 PM)
Michal Braverman-Blumenstyk, who brought Microsoft's cybersecurity development to Israel, says complaints about multinationals soaking up the talent are short-sighted.

AI transcription co Verbit raises $31m (Jan 15, 2020 09:40 PM)
The Israeli startup has developed a platform for AI transcriptions and smart captions.

Gene editing co Emendo Biotherapeutics raises $61m (Jan 15, 2020 09:20 PM)
The company develops next-generation gene editing using synthetic biology to address untreatable diseases.

AI healthcare analytics platform Clew raises $10m (Jan 15, 2020 04:17 PM)
The Israeli company's healthcare analytics platform delivers improved clinical and operational outcomes by predicting life-threatening complications.

Gene editing co Emendo Biotherapeutics raises $61m (Jan 15, 2020 02:00 PM)
The company develops next-generation gene editing using synthetic biology to address untreatable diseases.

Bard buys Israeli hernia mesh co LifeBond (Jan 15, 2020 07:11 AM)
The US medical device company will pay close to the $60 million that LifeBond has raised from investors.

Israeli spacer balloon co BioProtect raises $13m (Jan 14, 2020 06:55 PM)
BioProtect's ProSpace balloon spacer protects prostate cancer patients undergoing radiation therapy.

Perion buys Content IQ as web goes cookie-less (Jan 14, 2020 12:53 PM)
Perion Network is paying up to $73 million for New York and Tel Aviv-based Content IQ.

Switzerland and Israel: An entrepreneurial win-win (Jan 13, 2020 04:27 PM)
A new Swiss initiative will enable startups from the two countries to learn from each other's strengths.

Business analytics co Sisense raises over $100m (Jan 10, 2020 07:02 AM)
The Israeli company has completed its latest financing round at a valuation of more than $1 billion.

Serojec develops drug to treat premature ejaculation (Jan 8, 2020 03:30 PM)
Dr. Daniel Drai's startup has patented a cocktail of drugs to prevent premature ejaculation. He says the market could be bigger than that of Viagra.

IVC-ZAG: Israel tech cos raised record $8.3b in 2019 (Jan 8, 2020 11:59 AM)
Israeli tech companies raised $39.1 billion over the past decade. Investment is soaring in growth startups but declining in early stage startups, IVC-ZAG reports.

Armis CEO: We're getting the best of both worlds (Jan 8, 2020 07:42 AM)
After the biggest ever Israeli cybersecurity company exit, the founders say they remain independent and retain their vision of an IPO and building a huge IoT security company.

Insight buys IoT security co Armis at $1.1b valuation (Jan 7, 2020 11:04 AM)
Armis will remain fully independent and continue to be managed by its Israeli founders.

Mimecast buys Israeli cybersecurity co Segasec (Jan 7, 2020 09:57 AM)
Mimecast says that the acquisition will enable its customers to better defend against attacks that leverage fake websites and domains for credential harvesting.

Data protection co BigID raises additional $50m (Jan 6, 2020 05:16 PM)
The Israeli company has raised $50 million, just four months after completing its last $50 million financing round.

Insight Partners in talks to buy Israeli cybersecurity co Armis (Jan 6, 2020 04:40 PM)
The acquisition price will probably be in the region of $1 billion.

Shufersal mulls robots in supermarkets (Jan 5, 2020 09:07 PM)
Israel's largest retail food chain, is considering deploying robots nationally in its branches this year, sources inform "Globes."

Avigdor Willenz has done it again (Dec 16, 2019 10:25 PM)
The Israeli entrepreneur has previously sold companies to Marvell, Amazon and Cisco. But why has Intel paid $2 billion for Habana Labs?

"Globes" startup of the year: DriveNets - challenging Cisco and Juniper (Dec 15, 2019 12:14 PM)
Co-founder Hillel Kobrinsky: We looked for a business problem, and then developed the technology, not the other way around.

Israeli venture capital discovers low tech (Dec 10, 2019 01:34 PM)
Israeli VCs are joining a global trend towards investment in innovative operational models rather than in new technology.

The deal of the art (Dec 1, 2019 06:06 PM)
Israeli startup Niio aspires to become the Spotify of visual art, but faces some special challenges.

Nanosynex aims to solve antibiotic resistance (Nov 28, 2019 09:35 PM)
The company has developed a way of precisely adapting antibiotics to infections.

Sheba Medical Center launches digital innovation center (Nov 24, 2019 01:57 PM)
The ARC center fosters local and international collaboration for digital healthcare projects, with on the spot input from doctors and nurses.

Israel's national AI plan unveiled (Nov 20, 2019 09:06 PM)
Prof. Isaac Ben-Israel and Prof. Eviatar Matania head an effort to make Israel an AI power by replicating the success of government investment in cybersecurity.

Israeli tech keeps retail giants in the game (Nov 19, 2019 12:35 PM)
Deloitte: Retailers worldwide invested $6.2 billion in installing Israeli technology in 2018.

Preciate applies facial ID to revolutionize retailing (Oct 27, 2019 06:40 PM)
The Israeli startup enables store assistants to know customers preferences from their online purchases.


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