NewsBank (Globes (Rishon LeZion, Israel))
11487 results for NewsBank (Globes (Rishon LeZion, Israel))
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Ex El Al CEO denies price gouging
Dina Ben Tal Ganancia's three-year tenure as El Al Israel Airlines CEO was anything but routine. Ben Tal Ganancia began during the Covid pandemic, faced a two-year war with foreign airlines deserting Israel, the need for rescue flights, Iranian attacks, and skies that opened and closed, sometimes at a moment's notice. She also made history by becoming the first woman to head El Al and then...
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Israel reopens amid uncertainty in north
With the war seemingly over after 40 days of fighting and the Passover holidays over, Israel returns to work today with a degree of uncertainty over whether the ceasefire with Iran will hold.
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Nebius in talks to acquire AI21 Labs - report
Despite denials by the company, Israeli artificial intelligence company AI21 Labs looks set to be acquired sooner or later. The company, co-founded by Prof. Amnon Shashua, is in talks to be acquired by Dutch AI cloud provider Nebius (Nasdaq: NBIS), founded by Israelis and former Yandex executives Arkady Volozh and Roman Chernin, "The Information" reports.
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NewMed Energy signs MOU to sell Aphrodite gas to Egypt
NewMed Energy (TASE: NWMD) has signed a memorandum of understanding (MOU) to sell 100 billion cubic meters (BCM) of natural gas to Egypt from the Cypriot offshore Aphrodite gas field.
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Karish gas field resumes production
Following the ceasefire between the US, Israel and Iran, the Karish offshore gas rig is also back in operation, despite its location close to Lebanon and the absence of a truce between Israel and Hezbollah.
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Profit warning sends Maytronics to new low
At its peak, in 2021, pool cleaning robot company Maytronics (TASE: MTRN) was traded at a market cap of NIS 9.1 billion. Accordingly, the value of the holding of each member of Kibbutz Yizre'el, which controls the company (56%), was NIS 17 million.
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Quantum computing co Q-Factor raises $24m
Israeli neutral atom quantum computing company Q-Factor today announced the completion of a $24 million seed financing round led by NFX and TPY Capital, with participation from Intel Capital, Korea Investment Partners, Deep33, and the Matias family, and a grant from the Israel Innovation Authority. The Technion - Israel Institute of Technology and Weizmann Institute of Science (through Yeda, its...
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Boaz Levy to become Israel Aerospace chair
Israel Aerospace Industries (IAI) CEO Boaz Levy is the new candidate to become the company's chairman. Levy is the consensus candidate of Minister of Defense Israel Katz and Minister in Charge of Government Companies David Amsalem, after Silvan Shalom's proposed appointment to the position, met with opposition after widespread public criticism following allegations of sexual assault and he...
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Elbit Systems wins $750m Greek PULS deal
Israeli defense electronics company Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) today announced that it has been awarded a contract worth $750 million (€650 million) to supply Precise & Universal Launching System (PULS) artillery rocket systems to Greece's Hellenic Armed Forces.
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Playtika mulls strategic options including sale
Last week the share price of Israeli mobile gaming company Playtika Holding Corp. (Nasdaq: PLTK) hit a new all-time low with a market cap of $1.04 billion. But the share price is currently 7% higher in premarket trading after the company issued a press release that it is "Reviewing strategic alternatives to maximize shareholder value."
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Netanyahu promised intervention but thousands will lose pay
The leave without pay plan recently approved by the Knesset states that in the private sector only workers who have been absent from work for at least ten days will be entitled to partial compensation from the state. This is by contrast with the public sector, where the state has spread a more comprehensive and more generous safety net.
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"We're priced as a growth company"
The rollercoaster that Tower Semiconductor (TASE: TSEM; Nasdaq: TSEM) has been on in the past few years is extraordinary. From the promise of one of the biggest exits in Israel's history, to dramatic cancellation of the deal and a prolonged slide in the share price, to a surge that has gathered strength in the past year. Tower Semiconductor has emerged from these ups and downs, which took place...
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Apartments sold and rented
Second-hand apartments sold
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Revised income tax brackets boost March salary
In March's salary, employees earning more than NIS 16,150 per month, will receive several hundred more shekels net pay, after the revised income tax brackets came into effect through the initiative of Minister of finance Bezalel Smotrich, as part of the approval of the 2026 budget.
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Odysight.ai dual lists on TASE
Israeli tech company Odysight.ai (OTC: ODYS) has dual listed on the Tel Aviv Stock Exchange and will begin trading in Israel om April 9. Odysight.ai is following in the footsteps of US cybersecurity giant Palo Alto Networks (Nasdaq: PANW: TASE: CYBR), which dual listed in February, albeit it has a far tinier market cap of $110 million.
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"The war reinforces need for renewable energy"
When Adi Leviatan received an offer to move from a senior position with a huge US corporation to become CEO of fast growing Enlight Renewable Energy (Nasdaq: ENLT; TASE: ENLT), she did not imagine she would soon be facing a reality of daily alerts and running to a protected space. She also never thought that the Strait of Hormuz, the strategic artery for global oil, would close and give a boost...
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Restrictions again eased for flights departing Israel
From midnight on Sunday up to 100 passengers will be allowed on each flight taking off from Ben Gurion airport. This latest relaxation of security restrictions was decided during a security assessment undertaken today by the Ministry of Transport in consultation with Ministry of Defense officials. This is a further easing following the decision on Friday to increase the quota to 80 passengers per
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Restrictions eased on outbound flights
The number of passengers permitted on outbound flights will be increased starting Saturday night to up to 80 passengers per flight. This was decided today by the Ministry of Transport following a security assessment. So far, as part of the restrictions imposed on Ben Gurion Airport's operations, the quota has been limited to only 50 passengers on each departing flight.
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Leviathan gas field resumes operations
Israel's Leviathan offshore natural gas field has resumed operations after 32 days of inactivity since the outbreak of the war. The country's largest field is again producing gas for the benefit of the domestic economy and exports to Egypt and Jordan. The Tamar gas field is the only offshore rig that has been operating so far during the war, and as in the previous war with Iran, there has been a...
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Israeli startups raised $1.2b in March
Israeli startups raised $1.2 billion in March 2026, according to reports and press releases seen by "Globes." The figure may be more as some companies prefer to remain in stealth and sometimes do not publicize the investments they have received.
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Gasoline prices to rise sharply Tuesday night
Due to the war, the maximum price of government price controlled 95 octane gasoline at self-service pumps in Israel will rise on Tuesday at midnight April 1, 2026, by NIS 1.08 per liter to NIS 8.05 per liter, the Ministry of Energy and Infrastructure has announced.
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Ben Gurion airport eerily quiet on Passover eve
Several days before Passover and Ben Gurion airport is almost empty and eerily quiet. There are not the exhausting long lines and delays usually associated with the days leading up to holidays. The only aircraft in service have either just landed or about to take off.
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Harel buys 19% stake in Waxman Group engineers
Harel Finance and Investments (TASE: HARL) will invest an estimated tens of millions of shekels in engineering and project management company Waxman Group (formerly Waxman Govrin Geva - WXG) for a 19% stake. Both companies declined to specify the precise amount of the investment.
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Security management co Huskeys raises $8m
Israeli startup, Huskeys, which has developed a new category of Internet security management - Edge Security Management (ESM), has emerged today from stealth and announced the completion of an $8 million seed financing round. The company is tackling one of the oldest but most neglected problems in the security world: the fundamental failure of the traditional Web Application Firewall (WAF), which
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ScaleOps raises $130m at valuation over $800m
Israeli autonomous cloud and AI infrastructure resource management company ScaleOps today announced it has completed a $130 million Series C financing round at a valuation exceeding $800 million. The round was led by Insight Partners, with participation from all existing investors, Lightspeed Venture Partners, NFX, Glilot Capital Partners, and Picture Capital. This brings the total funding raised
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Bank of Israel keeps rate unchanged, cuts growth forecast
The Bank of Israel Monetary Committee, headed by Governor Prof. Amir Yaron, has kept the interest rate unchanged at 4%, as expected, due to the war and the ongoing geopolitical uncertainty. The Bank of Israel kept the rate unchanged last month amid war concerns but had made two consecutive cuts of 0.25% at each of its previous two meetings in November and January. The Bank of Israel also noted "An
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Chief economist cuts growth forecast
The morning after the Knesset passed the 2026 state budget, Ministry of Finance chief economist Shmuel Abramzon has released downwardly revised growth forecasts because of the continuing fighting in Iran and Lebanon.
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Investment home buyers taking record mortgages
Do investors who are still buying homes know something that others don't? The residential real estate sector is at a low ebb, but investment buyers are breaking records for mortgages.
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Apartments sold and rented
Second-hand apartments sold
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Stark Power raises NIS 215m on TASE for US projects
Solar energy and data centers development company Stark Power, which was founded recently by former senior executives of Nofar Energy (TASE: NOFR) and Enlight Renewable Energy (Nasdaq: ENLT; TASE: ENLT), has raised NIS 215 million on the Tel Aviv Stock Exchange (TASE), at a company valuation of NIS 580 million, after money.