Globes (Rishon LeZion, Israel)

Publisher

Latest documents

• Mortgage taking remained high in April

  The high level of mortgage taking continued despite the war in April 2026, when mortgages worth NIS 7.94 billion were taken out. These are the lowest figures since the holidays in October 2025 but they were very high considering that Passover and Independence Day fell in April, and the war raged, which significantly reduced the number of business days in the month.

• Israel's real interest rate highest in the West

  The real interest rate in Israel (that is, the interest rate taking into account inflation) is the highest in the West, by a long way. Even the Bank of Israel's nominal rate of 4% is higher than central bank rates in almost every other country. Together with fairly low inflation (and low inflation expectations), Israel has become an outlier for its real interest rate level.

• Lufthansa Group, Wizz Air to resume Israel flights

  Lufthansa Group today announced that it will gradually resume Israel flights from June 1, ending three months in which it had suspended operations to and from Ben Gurion airport following the outbreak of the war with Iran and the advisory issued by the European Union Aviation Safety Agency (EASA) to avoid flying in Israel airspace. Wizz Air announced it will resume Israel flights on May 28.

• Healthcare quantum technologies co NVision raises $55m

  Israeli quantum technologies for healthcare company NVision today announced the completion of a $55 million Series B financing round led by Abbott. The company also announced a major expansion from quantum sensing into quantum computing, advancing its efforts to build an end to end, quantum-based approach to designing and validating therapies.

• Healthcare quantum technologies co NVision raises $55m

  Israeli-German quantum technologies for healthcare company NVision today announced the completion of a $55 million Series B financing round led by Abbott. The company also announced a major expansion from quantum sensing into quantum computing, advancing its efforts to build an end to end, quantum-based approach to designing and validating therapies.

• Tel Aviv Stock Exchange doubles quarterly profit

  In the past two years, the Tel Aviv Stock Exchange has enjoyed an unprecedented boom. The main indices have more than doubled. Unsurprisingly, one of the main beneficiaries of the mounting interest in the local stock market is the Tel Aviv Stock Exchange (TASE: TASE) itself, which has concluded another quarter with growth in revenue and rising profits.

• Tower jumps on $1.3b silicon photonics contracts

  The share price of Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE:TSEM) has risen sharply to a new record after the company beat the analysts in its first quarter results and raised its guidance for the second quarter to reflect accelerated growth. The company also reported that it had signed contracts worth $1.3 billion with customers in the silicon photonics field, which will be a major engine of growth for Tower in 2027.

• Wix pays $38m earnout payments for Base44

  Israeli entrepreneur Maor Shlomo, who founded Israeli vibe coding startup Base44, an AI-based website and app building engine, received another $38 million in Wix.com Ltd. (Nasdaq: WIX) shares in the first quarter (along with a number of employees). Israeli website builder Wix acquired the company in June 2025 for a total of about $92 million - $18 million in cash paid near the signing of the deal and the rest contingent on meeting targets. The current payment comes after Base44 reached the sales targets set with Wix at the time of closing the deal.

• A human answer to human cyber risk

  Tal Shlomo was one of the first employees at Wiz, but shortly before it was reported that the company was in talks on a sale to Google, he left to found his own startup, Frame Security together with Sharon Shmueli. He raised its first millions in capital from Wiz CEO Assaf Rappaport.

• Military simulator co Bagira plans to raise NIS 1b in TASE IPO

  Military simulators and training systems company Bagira Systems is planning to raise NIS 1 billion in an initial public offering (IPO) on the Tel Aviv Stock Exchange (TASE) at a company valuation of NIS 4.5-5 billion. The company, controlled by the Mizrachi family, yesterday filed a prospectus, which set out the details of the planned flotation.

Featured documents

• Eli Azur wins Tamar board battle after NeoGames exit

  Israeli businessman Eli Azur was busy last week succeeding in the vote on the composition of the board of directors of Tamar Petroleum (TASE: TMRP). On Wall Street, Azur and his partners completed the sale of online gambling company NeoGames (Nasdaq: NGMS) to Australian gaming and betting company...

• Teddy Sagi seeks Best of the Best buyout

  Last month Israeli tech and real estate billionaire Teddy Sagi completed the delisting process for Israeli cybersecurity and privacy protection company Kape Technologies from London's Alternative Investment Market (AIM) after buying the public's shares for $515 million. Now he is planning a similar ...

• Could the Palestinian Authority control Gaza?

  About two years ago, Palestinian Authority (PA) President, Mahmoud Abbas (Abu Mazen) embarked on a judicial reform of his own, one that would not put the reform in Hungary or Poland to shame. Unlike those countries, or the reform the Israeli government tried to pass at the beginning of the year,...

• Sequoia bets on Israel because of the war

  "I am incredibly optimistic about Israel's tech economy and the broader economy," says Shaun Maguire, a partner at Sequoia Capital, one of the world's largest venture capital funds, which returned to Israel this year, after an absence of a decade in the local market. "I believe strongly in Israel's ...

• A trip to better management skills?

  The substances described in this article are illegal in Israel and their use, even in a controlled manner, may cause physiological and mental disorders....

• "People don't come to Nvidia just to earn a little more"

  In recent months, Amit Krig, SVP networking software and site leader of Nvidia's Israel development center (formerly Mellanox), has found himself traveling a great deal between lower Yokne'am, where the company's renovated headquarters are located, and the nearby Mevo Carmel Science and Industry...

• Nir Zuk fears mass exodus of talent from Israel

  Nir Zuk has never shied away from challenges. Twenty years ago, when he was told he didn't stand a chance of competing with the existing cybersecurity giants, he founded Palo Alto Networks, which became the world's largest cybersecurity company with a market cap of more than $125 billion, five...

• "We'll be a global media company"

  In his youth, Nadav Topolski, chairperson of Israeli television channel Reshet 13 and a shareholder in it (13.5%), played basketball for his high school team at The Hebrew Reali School of Haifa. On one occasion, his team was playing in Hungary against players from Croatia, Hungary, and Italy - all...

• "Most of my liquid capital is spent on philanthropy."

  Micha Kaufman has been flying light aircraft for the past 30 years. He has tried his hand at most types of aviation: helicopters, Cessna planes, Piper planes, and challenging ultralight aircraft. He says that he gets a feeling of freedom and optimism in both flying and entrepreneurship, together...

• "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...