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Gantz issues ultimatum to Netanyahu

Benny Gantz declares that his party will leave the government unless Prime Minister Benjamin Netanyahu presents a strategic plan for the Gaza Strip by June 8.

Globes - Israel's Business Arena
19 May 2024

US ambassador to Israel Jack Lew speaks to Globes about Arabs in Israeli society, US-Israel relations, normalization with Saudi Arabia, and his concern for the hostages.

US ambassador to Israel Jack Lew speaks to Globes about Arabs in Israeli society, US-Israel relations, normalization with Saudi Arabia, and his concern for the hostages.

Globes - Israel's Business Arena
17 May 2024

hiSky Satellite has been operating under the radar since 2015, but now things have changed. Experts are drawing parallels with Musk's Starlink.

hiSky Satellite has been operating under the radar since 2015, but now things have changed. Experts are drawing parallels with Musk's Starlink.

Globes - Israel's Business Arena
17 May 2024

Regulator signals banks to keep dividends low

Israel's banks generally distribute 40% of their quarterly profits, but are again expected to cut this by half.

Globes - Israel's Business Arena
17 May 2024

Barak Eilam to step down as Nice CEO

Eilam will leave his post at the end of the year. The announcement, and mixed guidance in the company's financials, have depressed its share price.

Globes - Israel's Business Arena
17 May 2024

Israel's GDP jumps but still below pre-war level

Initial estimates show 14.1% annualized growth in the first quarter, but GDP was down 1.4% in comparison with the first quarter of 2023.

Globes - Israel's Business Arena
17 May 2024

TASE proposes Friday trading

The Tel Aviv Stock Exchange management has issued a call for comment on two proposals for bringing trading more in line with international markets.

Globes - Israel's Business Arena
17 May 2024

Five IDF soldiers killed by friendly fire

In the incident in the northern Gaza Strip, two tanks fired at a building that Paratroopers Brigade soldiers had entered.

Globes - Israel's Business Arena
17 May 2024

Carasso to build 3 towers on Tel Aviv head office site

Carasso plans building three towers of 41-48-floors each with 410 housing units including 144 affordable homes, as well as 111,500 square meters of office, commercial and hotel space.

Globes - Israel's Business Arena
17 May 2024

April CPI higher than expected

Annual inflation in Israel is back on the rise, while housing prices rose for the fourth consecutive month.

Globes - Israel's Business Arena
17 May 2024

monday.com soars on raised 2024 outlook

The Israeli work operating system company also beat the analysts' consensus on Q1 revenue and profit.

Globes - Israel's Business Arena
17 May 2024

Weka raises $140m at $1.6b valuation

The financing round includes a $40 million secondary component that will benefit about 200 employees of the Israeli AI data platform company.

Globes - Israel's Business Arena
17 May 2024

Shekel strengthens ahead of April CPI

Mizrahi Tefahot Bank chief economist Ronen Menachem: The shekel is still underpriced because of the geopolitical security situation.

Globes - Israel's Business Arena
17 May 2024

Biden administration advancing over $1b arms sales to Israel

The package comprises tank shells, tactical vehicles, and mortar bombs.

Globes - Israel's Business Arena
17 May 2024

Tel Aviv looks to the skies

In the coming decade, the current tallest buildings in Tel Aviv, Ramat Gan and Givatayim will be dwarfed by a new generation of high-rise developments.

Globes - Israel's Business Arena
14 May 2024

Gil Shwed to sell Check Point shares worth $200m

The sale arises from options allocated to Shwed in 2017. He is due to step down as CEO and become executive chairperson, but no successor has yet been announced,

Globes - Israel's Business Arena
13 May 2024

New home sales in Israel up 21% in Q1

According to the Central Bureau of Statistics, 23,250 new homes were sold in the first quarter of 2024.

Globes - Israel's Business Arena
13 May 2024

April mortgage taking shows continuing recovery

Mortgage taking in April 2024 was 28% higher than in April 2023.

Globes - Israel's Business Arena
13 May 2024

On Independence Day eve Israel's population reaches 9.9m

The population has grown by 1.9% or 189,000 since last Independence Day, the Central Bureau of Statistics reports.

Globes - Israel's Business Arena
13 May 2024

Alleged irregularities put publicity-shy dynasties in spotlight

The Goldberg and Tocatly families discreetly dominated stock market operations systems for half a century, but a problematic venture into provident funds has brought unwelcome attention.

Globes - Israel's Business Arena
13 May 2024

Air Canada suspends Israel flights until August

This month passengers wishing to fly directly between Israel and North America can only do so on El Al Israel Airlines.

Globes - Israel's Business Arena
13 May 2024

Moody's leaves its Israel rating unchanged

"The current A2 rating adequately captures Israel's elevated exposure to geopolitical risks."

Globes - Israel's Business Arena
13 May 2024

Turkey rescinds relaxations on trade with Israel

Comments by Israeli Foreign Minister Israel Katz forced the Turkish government into denying reports of renewed exports of construction materials.

Globes - Israel's Business Arena
10 May 2024

Israeli exporters warned on South Africa

Ashra, the Israel Foreign Trade Risks insurance Corporation, says one outcome of political instability in South Africa could be a ban on payments to Israel.

Globes - Israel's Business Arena
10 May 2024

Idan Ofer again loses on EVs

Ten years ago, Better Place collapsed with losses of NIS 3 billion. Now, OPC, controlled by Ofer's Kenon Holdings, is writing off its much more modest investment in charging station company Gnrgy.

Globes - Israel's Business Arena
10 May 2024
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