Mizrahi Tefahot Q3 profit jumps 30%
Thursday, November 21,2024,10:23
The bank reported the highest return of equity of any Israeli bank that has reported in the third quarter to date. .. read more..
SolarEdge to sublet part of new campus to ease crisis
Thursday, November 21,2024,10:17
The solar energy company is seeking tenants for its new campus in Glilot, which it has leased from Azrieli. .. read more..
Israeli Cloud Data Security Startup Cyera Joins Super Unicorn Club with $3 Bi...
Thursday, November 21,2024,08:24
Cyera hit the coveted unicorn status – a billion dollar plus valuation – in April when it reached a $1.4 billion valuation .. read more..
Extell Development CEO Gary Barnett Progresses with Significant Jerusalem Rea...
Thursday, November 21,2024,07:55
Barnett bought a total of about 120 acres of land in these areas in 2023 for roughly $200 million. .. read more..
SparkIL launches Hannukah competition to boost support for businesses affecte...
Wednesday, November 20,2024,23:30
The competition is expected to take place in Jewish schools, where students will be able to involve their families, synagogues, and communities in finding loans or lenders for businesses. .. read more..
IAI net income spikes by 74% to $416m.
Wednesday, November 20,2024,19:41
Israel Aerospace Industries reports record-breaking performance with $416 million in net income and a $25 billion order backlog in 2024's first nine months. .. read more..
Wix soars on strong Q3 results, raises guidance
Wednesday, November 20,2024,18:26
Wix's share price, up 50% since the start of 2024, is over 13% higher today after the company reported strong revenue and profit growth. .. read more..
Haifa drivers deterred by high Carmel Tunnels tolls
Wednesday, November 20,2024,16:50
Tolls have risen 65% since the tunnels were opened in 2010, despite government subsidies. .. read more..
India’s gold market shows strength through festive season
Wednesday, November 20,2024,15:49
Gold priced in rupees gained 5.5% in October despite a slight depreciation of currency .. read more..
Gold/Silver: What Precious Metals Bulls Do Not Want to See! - Phil Streible
Wednesday, November 20,2024,15:45
Phil Streible cautioned that silver's failure to surpass a critical resistance level could foreshadow a downward trend. .. read more..
ZIM reports $1.13 billion net profit in Q3 , driven by record cargo volume
Wednesday, November 20,2024,15:19
ZIM’s Q3 results show record-high cargo and a $1.13B profit, boosting 2024 projections. .. read more..
Bill proposes abolition of public broadcasting in Israel
Wednesday, November 20,2024,14:18
Communications Minister Shlomo Karhi and MK Tally Gotliv call for privatization of the Israel Public Broadcasting Corporation (Kan), and for shutting it down if no suitable buyer is found. .. read more..
NewMed Energy sees record quarter, with $147m. net profit
Wednesday, November 20,2024,13:40
NewMed Energy posts 25% profit growth in Q3 as Leviathan gas output and sales surge. .. read more..
Israeli data security co Cyera raises $300m at $3b valuation
Wednesday, November 20,2024,13:27
Cyera has more than doubled its valuation since its most recent financing round in April 2024, when it also raised $300 million. .. read more..
Office space in Rishon’s Eleph project rezoned for housing
Wednesday, November 20,2024,13:02
Half the space allocated for offices in the southeast section of Rishon Lezion’s Eleph complex has been rezoned for the construction of 113 small apartments. .. read more..
SaverOne loses over 99% of flotation value
Wednesday, November 20,2024,12:04
The driving safety system developer claims a huge potential market, but has so far posted meager revenue and large losses. .. read more..
NASA to integrate Israeli Odysight.ai cameras into aerospace vehicles
Wednesday, November 20,2024,11:23
Odysight's AI-driven Predictive Maintenance (PdM) and Condition-Based Monitoring (CBM) systems will be integrated into several aeronautical flight trials in the coming months. .. read more..
El Al's profit climbs to new heights
Wednesday, November 20,2024,10:39
The airline posted a net profit of $187 million for the third quarter, on record revenue of $1 billion. .. read more..
CEO of Bank of Jerusalem: "Mortgage terms should be extended to 35 years"
Wednesday, November 20,2024,09:55
At a conference marking 30 years of Bank of Jerusalem's real estate sector, CEO Yair Kaplan urged the Bank of Israel to extend mortgage terms to 35 years to ease high costs for young couples. .. read more..
Stephen Schwarzman’s Blackstone Acquires Subway rival Jersey Mike’s Subs for ...
Wednesday, November 20,2024,09:21
Blackstone said Jersey Mike's is teaming up with Blackstone to accelerate its growth and innovation. .. read more..
Gold Outlook: Three Fundamental Drags & Positive Assessments Going Forward
Wednesday, November 20,2024,09:04
Movement away from gold after the election is thought to be temporary. Gold may benefit from the potential “chaos grenade” and other “aligned stars.” .. read more..
COVID-19 Study Reveals Unexpected Anti-Cancer Effects, Research Shows
Wednesday, November 20,2024,08:46
Northwestern Medicine researchers have made a significant breakthrough in cancer research. .. read more..
OpenAI’s Sam Altman Backing AI Chip Company to Rival NVIDIA in Semiconductor ...
Wednesday, November 20,2024,08:27
NVIDIA is a global technology powerhouse specializing in accelerated computing. .. read more..
Israeli Startup Spines Launches All-in-One Book Publishing Platform for Self-...
Wednesday, November 20,2024,07:55
Self-publishing is a process where an author independently publishes their work, bypassing traditional publishing houses. .. read more..
Housing price falls in Israel set to gain momentum
Tuesday, November 19,2024,20:30
After rising for nine consecutive months, the Housing Price Index is again falling and additional data published last week suggests the trend will continue. .. read more..
Bladeranger signs solar panel drone cleaning deal with Electra
Tuesday, November 19,2024,18:02
Propeller Drones will use its partner Bladeranger’s technology to clean Electra's solar energy fields. .. read more..
Israeli co Canada Global buys Miami real estate for $116m
Tuesday, November 19,2024,17:52
The project covers 10 acres in Aventura and comprises three office buildings and three car parks as well as building rights for 500 apartments. .. read more..
Histadrut and Treasury reach agreement on public sector pay
Tuesday, November 19,2024,17:00
Israel's Ministry of Finance and Histadrut trade union movement have reached a final agreement on a package of economic measures that will be part of the 2025 state budget. .. read more..
NASA to integrate Odysight.ai cameras into aerospace vehicles
Tuesday, November 19,2024,15:58
The Israeli company's systems will monitor any damage to the aerospace vehicles parts during flight trials. .. read more..
Nickel Price Prediction for 2025
Tuesday, November 19,2024,15:37
Expert Analysis: Nickel Price Forecast for 2025 -Will Nickel Prices Skyrocket or Crash in 2025? .. read more..
Best Gold Coins to Buy for Investment in 2025
Tuesday, November 19,2024,15:25
Discover top gold coins for investment, from the iconic American Gold Eagle to rare collector coins. Learn to diversify with large and small coins to maximize your portfolio's growth and liquidity. .. read more..
Best Gold Bars to Buy for Investment in 2025
Tuesday, November 19,2024,15:24
Discover the best gold bars for investment! Learn which bars offer top liquidity, purity, and value, and how diversifying sizes can maximize flexibility and returns. .. read more..
Despite price cuts, Tesla loses its shine in Israel
Tuesday, November 19,2024,14:33
Israel's car market may be tiny, but it's an excellent test case for Tesla's ability to recover market share as rival brands pour in. .. read more..
Elbit Systems orders backlog grows to record $22b
Tuesday, November 19,2024,14:31
CEO Bezhalel Machlis: We are developing an airborne laser, and are about to inaugurate a new UAV factory. .. read more..
Gold/Silver: Geopolitical Risks Rise - 2025 Precious Metals Outlook - Phil S...
Tuesday, November 19,2024,14:03
Phil Streible, Chief Market Strategist at Blue Line Futures LLC, highlights the potential impact of this escalating conflict on the precious metals market. .. read more..
Can Gold Outperform Bitcoin? | Jason Shapiro
Tuesday, November 19,2024,14:02
Jason Shapiro discusses the current market landscape. He expresses caution on gold and silver, while highlighting potential in natural gas. .. read more..
Unemployment in Israel falls to new low
Tuesday, November 19,2024,13:58
While the war continues on two fronts, the job market remains tight and at full employment. .. read more..
Bank Leumi posts 30% rise in Q3 profit to NIS 2.3b
Tuesday, November 19,2024,10:51
The bank's mortgage portfolio grew 10% year-on-year, outstripping growth in lending to any other sector. .. read more..
Teen Sleep Study: 9-11 Hours Nightly Reduces Hypertension Risk by 37%, Resear...
Tuesday, November 19,2024,10:14
Noise pollution might not be the main culprit behind high blood pressure, at least not in this study. .. read more..
US Treasury Sanctions Israeli Settlement Group Amana in New Enforcement Action
Tuesday, November 19,2024,09:58
Established in 1976, Amana – Covenant in Hebrew - is a settlement movement whose primary goal is developing new communities in Judea, Samaria (the West Bank), the Golan Heights, and other regions in Israel. .. read more..
CommBox Launches AI-Powered Enterprise Platform for Omnichannel Customer Expe...
Tuesday, November 19,2024,09:34
CommBox boasts that the firm enhances enterprise customer support by seamlessly integrating AI and automation. .. read more..
Salesforce Acquires Israeli Cloud Backup Firm Own for $1.9 Billion, Expanding...
Tuesday, November 19,2024,09:00
However, the $1.9 billion is much less than the $3.35 billion valuation the firm hit in 2021 when OwnBackup completed a $240 million Series E round of investment. .. read more..
DOJ to ask judge to force Google to sell off Chrome, Bloomberg reports
Monday, November 18,2024,22:35
The move would be one of the most aggressive attempts by the Biden administration to curb what it alleges are Big Tech monopolies. .. read more..
Your Taxes: Charity and Squatting
Monday, November 18,2024,20:41
While we wait for the Israeli 2025 budget to pass, here is some other Israeli tax news. .. read more..
UAE positioned to become the gold hub of BRICS
Monday, November 18,2024,20:21
New report shows Dubai commodities center sees opportunity to foster gold trade amid backlash against U.S. dollar .. read more..
Israel's risk premium falling sharply
Monday, November 18,2024,18:00
Israel's markets have been over-performing in the past few weeks as investors see a ceasefire agreement with Lebanon moving nearer and the 2025 budget moving forward. .. read more..
Trump Trade in Gold is Valid – Even with Post-Election Dip. Here’s Why.
Monday, November 18,2024,17:02
Strategists say gold's "bullish outlook remains intact” in spite of the post-election dip. Fundamentals are still there & gold is an important stabilizer. Buy the dip. .. read more..
Discount Bank posts 40% profit rise, announces share buyback
Monday, November 18,2024,15:28
The bank will buy back shares up to a total of NIS 500 million. .. read more..
China Silver Imports Surge to 9,000 metric tonnes per year catching up quickl...
Monday, November 18,2024,14:59
China's silver shopping spree transforms global markets: 9,000 tons imported annually, strategic resource grab signals tech dominance and economic power play reshaping global commodity landscape. .. read more..
Budgets chief: Politics overcame equality in austerity measures
Monday, November 18,2024,14:52
Ministry of Finance Budgets Division head Yogev Gradus talked to Globes' Oren Dori at the Globes Investment Conference. .. read more..