Rafael CEO: Iron Beam laser air-defense operational next year
The Israeli defense technology company's CEO Yoav Tourgeman tells "Globes" that since the start of the year Rafael has hired more than 1,100 employees.
Evacuees pushing up rents in northern Israel
Families evacuated from border settlements prefer to stay as close as they can to their homes, which is putting pressure on the rental market.
Bank of Israel keeps rate unchanged, sees inflation rising
The Bank of Israel is critical of government policy on the widening deficit and lack of a 2025 budget, and is also concerned about geopolitical uncertainty and inflationary pressures.
Israelis stay home and boost retail revenue and profit
Instead of traveling and shopping abroad, Israelis have been spending their money in local malls and stores.
Moody's warns of rating consequences of escalation
"All-out military conflict with Hezbollah or Iran could have significant credit consequences for Israeli debt issuers."
Electra Consumer Products starts to see joy from Carrefour
Carrefour Israel posted an operating profit of NIS 24 million in the second quarter, which compares with a loss of NIS 50 million in the corresponding quarter.
Benny Landa's GenCell to implement streamlining plan
The cleantech company estimates that the plan will save NIS 5 million in annual spending, which will help it cope best with current and future challenges.
Israel rescues hostage in daring Gaza raid
Qaid Farhan al-Qadi, who is from the Negev Bedouin town of Rahat, was held hostage for 326 days.
Check Point acquires Israeli co Cyberint for $200m
The threat intelligence and digital protection company has raised an estimated $65 million, thus providing investors with handsome returns.
Collective Hospitality to acquire most Selina assets
Singapore-based Collective Hospitality will buy most of the Israeli hospitality chain of Selina, which became insolvent last month.
What price a private plane to Larnaka?
The chaos in Israel's aviation market has led those who can afford it to fly privately.
Judges instruct Levin to allow vote for Supreme Court president
Justice Minister Amiram Levin had proposed that hard line conservative Justice Yosef Elron would serve as Supreme Court president for one year.
US demands Israeli recognition of its standards
After the reform whereby Israel recognizes European standards for a wide range of products, the US seeks similar treatment, and even accuses Israel of ingratitude.
Chemomab jumps on positive liver scarring trial results
Chemomab Therapeutics is developing a treatment for rare liver scarring disease PSC.
Foreign airlines resume Tel Aviv flights after pre-emptive strike
It was business as usual at Ben Gurion airport today with 60,900 passengers expected to pass through on 353 international flights arriving and departing.
SolarEdge CEO Zvi Lando steps down
Lando: The road to a full recovery of SolarEdge is still ahead of us and to drive this recovery at a fast pace requires new energy and leadership.
Tshuva's Elad Group buys Manhattan building for $72m
The company will convert the office building on Park Avenue into luxury residential condos, "The Real Deal" reports.
Cabinet approves extra NIS 3.3b budget for evacuees
Minister of Finance Bezlalel Smotrich has not presented any major cuts to fund the extra budget but still insists the fiscal deficit will narrow to 6.6%.
New tax benefit eases home purchase for immigrants to Israel
Under a new regulation, immigrants will pay less purchase tax on a property, even if they don't live in it.
SolarEdge jumps on US rate cut expectations
Solar energy installations are often financed through loans, so when interest rates fall, the expectation is for increased demand in the industry.
Israel's pre-emptive attack on Hezbollah cost $120m
A senior Israeli defense industry source told "Globes" that $120 million is no small amount but the attack saved much more extensive costs.
Israel hits Hezbollah targets in pre-emptive strike
The strike followed signs that Hezbollah was preparing to launch a massive aerial attack on Israel. Ben Gurion Airport has reopened after being briefly closed.
FIMI cashes in on Bet Shemesh Engines revival
The private equity firm has sold 10% of the company to a group of financial institutions, leaving it with a 25% stake.
Surveys by four US banks suggest government policy, or lack thereof, is denting confidence in the Israeli economy.
Surveys by four US banks suggest government policy, or lack thereof, is denting confidence in the Israeli economy.
Court issues stay-of-proceedings for Landa's diamond co
Lab-grown diamonds producer LUSIX petitioned the court at the beginning of the week with a request for a stay-of-proceedings on debts of NIS 103 million.