Globes (Rishon LeZion, Israel)

Publisher

Latest documents

• Ramat Gan house sells for NIS 8.4m

  A five-room detached house on a 423 square meter lot at 20 Sapir Street in the Ramat Efal neighborhood of Ramat Gan has been sold for NIS 8.4 million. The deal was signed in February, two weeks before the outbreak of the war with Iran.

• Is it time to buy dollars?

  Is the low in the shekel-dollar exchange rate an opportunity to buy US dollars, or dollar-denominated assets, cheaply, or are we on the brink of a new era in which a shekel-dollar rate below NIS 3/$ is here to stay?

• El Al to launch subsidized Tel Aviv - Buenos Aires flights

  Argentinean President Javier Milei who is visiting Israel for several days and will even light a torch during the Independence Day ceremony on Mount Herzl in Jerusalem, will announce the launching of direct flights between Tel Aviv and Buenos Aires. The move has been planned for most of the past year.

• Businessman buys 5 Tel Aviv apartments in Dou project

  An Israeli real estate businessman has bought five apartments in the Dou TLV project in Tel Aviv's Summayl district on Ibn Gbriol Street. The businessperson is buying four, five-room apartments, each 160 square meters in size, and one 100 square, four room apartment meter apartment. Each apartment comes with a parking space.

• Elbit drones to undergo Canadian trials - report

  Canada's Department of National Defense has decided to test the operation of Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) Hermes 900 Starliner unmanned aerial vehicles (UAVs) this summer, as part of the local Coast Guard's operations over the Arctic, Canada's CBC network reports.

• Two-minute EV charging coming to Israel

  In the next few months, Chinese car manufacturers will raise the competitive threshold a further notch in the electric vehicle segment in Israel, through supercharger technology that makes it possible to charge a battery fully within a few minutes. Leading the charge is BYD, which has announced a global rollout of the technology under the brand name "Flash".

• Activist investors seek to oust Radcom board

  A rare event has recently been unfolding at one of Israel's most veteran tech companies traded on Wall Street: an activist move by shareholders who are demanding the removal of most of the long-standing directors. This is not an unusual move on the US capital market, but what is intriguing about this story is that among the activist shareholders are the heirs of the company's founder, while among the directors they are seeking to oust is the former spouse of the founder.

• AWS extends Ichilov AI medical collaboration

  Tel Aviv Sourasky Medical Center (Ichilov Hospital) and AWS (Amazon Web Services) have signed a strategic partnership agreement to develop AI solutions in the medical sector. This agreement was signed as a continuation of a three-year collaboration between the parties, in which Ichilov transferred all of its computer systems to the cloud, becoming one of the world's first hospitals to do so.

• Apartments sold and rented

  Second-hand apartments sold

• ZIM CEO Eli Glickman quits over failed bid

  Zim Integrated Shipping Services (NYSE: ZIM) CEO and president Eli Glickman has announced that he is stepping down after nine years at the helm of the company. He is expected to continue in his position for a transition period of about six months. The company's board of directors announced that it will begin searching for a new CEO for the company.

Featured documents

• Export controls strangling Israel's cyberattack industry

  In the past few days a small, little-known Israeli cyberattack company called Nemesis shut down. The company, which tried to compete with NSO Group with spyware that takes control of smartphones, was never exposed by the media, and did not even have a company website but its closure marks for many...

• "We want Israel in the driver's seat in dealing with China"

  In the 1870s, the US overtook Great Britain as the world's leading economy, a title it bears alongside "Leader of the Free World". But all that could change within the next ten years, if the predictions come true and it is overtaken by China, its most significant economic rival. There are some...

• Not everyone's happy about Israel's newest med school

  When Reichman University initiated the establishment of Israel's first private medical school, it was, as its website put it, "with the aim of helping to solve the existing shortage, and to immediately increase in the number of medical students in Israel." The new school, according to Reichman's...

• Even in wartime Israel and India strengthen ties

  In May, two ships that left Chennai in India and sailed through the Strait of Gibraltar on their way to Ashdod in Israel. The cargo ship Borkum was carrying 20 tons of rocket engines, 12.5 tons of rockets with warheads, 1,500 kilograms of explosives, and 740 kilograms of materials for artillery,...

• An electric plane in your garage

  Rani Plaut wanders through the giant workshop of his startup company, AIR, located behind a shopping mall in the drab Pardes Hanna industrial zone. A team member calls out to him, to come check out the new plane under construction. The craft is the size of a family car, with a large cabin that...

• "We want Israel in the driver's seat in dealing with China"

  In the 1870s, the US overtook Great Britain as the world's leading economy, a title it bears alongside "Leader of the Free World". But all that could change within the next ten years, if the predictions come true and it is overtaken by China, its most significant economic rival. There are some...

• Femtech seeks to provide alternatives to the pill

  The invention of the pill was probably the biggest earthquake undergone by feminism: a cheap and available means that allows billions of women worldwide to manage their future, their family and their livelihood. It was undoubtedly an event that makes it easy to see how life has changed before and...

• Tech giants battle for data center real estate in Israel

  Five years ago, two major cloud computing players, Google and Amazon, were offered the possibility of hosting Israeli data centers. "The Israeli market is too small," their local managers were told. In retrospect, that was a big mistake. Today, the two giants are in an especially tight race to...

• Israeli insurtech co Vesttoo raises $80m at $1b valuation

  Israeli insurtech company Vesttoo has announced the completion of an $80 million Series C financing round at a company valuation of $1 billion (after money). The financing round was led by Mouro Capital with the participation of Gramercy Ventures, Black River Ventures (BRV) and Hanaco Ventures....

• How has mighty Intel fallen?

  Almost a year ago, in late summer 2024, Lip-Bu Tan left his seat on Intel's board of directors in a rage. At the time, his dramatic exit was interpreted as a red flag for the company's continued operation; Tan, one of the semiconductor industry's top executives - who earlier in this century had...