NewsBank (Globes (Rishon LeZion, Israel))

Polus Tech, the tech company of Niv Carmi, one of the founders of cyberattack company NSO, has entered the battlefield for the first time after initially focusing on the search and rescue sector. The company, which was founded in Switzerland, is currently launching a sensor for installation on drones, which can locate targets using the radio signals transmitted from phones. Sources have told "Glob

Nvidia has published a request for information (RFI) to find a plot of land between 70 and 120 dunams in area (17.5-30 acres) for the construction of a research and development campus of between 80,000 and 180,000 square meters, with immediate contiguous building rights, located between Zichron Yaakov in the south west, Migdal Ha'emek in the east, Kiryat Ata in the north, and Haifa in the west....

Relations between Israel and Syria are thawing, with the Americans hoping that a historic agreement will be reached in which Ahmed al-Sharaa's regime will join the countries normalizing relations with Israel. The US has already begun to ease the sanctions on Syria, and as part of its attempts to resolve the tensions between Israel and al-Sharaa's patron, Turkish President Recep Tayyip Erdogan,...

The average wage in Israel in May was NIS 13,428, according to initial estimates by the Central Bureau of Statistics. This figure was down from NIS 13,905 in April and NIS 14,678 in March. However, these falls are in line with seasonal trends and the April figure was 3.6% higher than April 2024 and the May figure was 3.7% higher than May 2024, higher than the current annual inflation figure of 3.1

After 18 months in which one crisis has followed another, Israel's aviation map has been redrawn accordingly. Some destinations have disappeared from the departures and arrivals board at Ben Gurion airport, while some have been added, but above all, uncertainty reigns supreme. Turkey, which has been closed to Israeli flights for almost two years, is the most prominent example, but not the only...

The Israel Tax Authority has announced revised upwards the revenue forecast from royalties on gas and oil profits, following an upward revision of the gas reserves in the Leviathan reservoir and the discovery by Energean (LSE: ENOG; TASE: ENOG) of the small Katlan offshore field.

Naschitz Brandes Amir & Co. law firm will lease 11,000 square meters of office space in Azrieli Group's Spiral Tower in Tel Aviv, which is currently under construction, sources close to the deal have told "Globes." The law firm will occupy the premises when construction is completed in 2028. The deal for an estimated NIS 130 per square meter per month, incudes five floors of office space and...

Israel counter drone solutions company Sentrycs has announced the integration of its technology into Rafael Advanced Defense Systems Drone Dome's drone defense system. This is a smart and modular system that constitutes a technological solution based on three layers necessary for effective countermeasures against drone and UAV threats - detection, identification and neutralization of the threat....

The share price of Verint Systems (Nasdaq: VRNT) has been drifting for a long time, and since its 2022 peak it has fallen 67%. Now, with a modest market cap of $1.1 billion, the veteran technology company is apparently looking for a buyer.

Former head of Israel's Military Intelligence and executive director of Tel Aviv University's Institute for National Security Studies (INSS) Maj. Gen. (res.) Tamir Hayman is promoting, together with members of the US House of Representatives and Senate, the establishment of a joint US-Israel research fund for quantum computers. The proposed fund will have a budget of $200 million to fund...

At the end of April, the fare tariff for public transport in Israel changed. The fare for a single journey rose from NIS 6 to NIS 8, and the price of monthly passes rose accordingly. Together with the fare hike, the Ministry of Transport launched the second phase of the "Transport Justice" reform initiated by Minister of Transport Miri Regev, whereby, in addition to free travel from age 65,...

India is interested in buying Air Lora missiles from Israel Aerospace Industries (IAI), according to reports in the Indian media. Such a deal would make India an even more important customer for Israel's defense industry than it already is. According to the Stockholm International Peace Research Institute (SIPRI), between 2020 and 2024, India accounted for 34% of its export sales.

What is the definition of an Israeli resident for tax purposes? According to planned new legislation, anyone who stays in Israel for 75 days or more in a tax year, and whose total stay in Israel over three years is at least 183 days, will be considered an Israeli resident and will pay tax on all income to the Israel Tax Authority, including overseas income.

After a two-year process, the Romanian Ministry of Defense selected Rafael Advance Defense Systems' Spyder air defense system in a huge tender, worth €1.9 billion ($2.2 billion). When the signing of the deal is completed, this sale will be the second highest ever by an Israeli defense firm, after the sale of the Arrow 3 in 2023 to Germany for $3.5 billion.

On Sunday afternoon, the flagship of Benny Landa's group of companies, Nes Tziona-based Landa Digital Printing (LDP), filed a request for a stay of proceedings, because of the decision by its European investors to stop injecting capital and extending loans. This is the fourth company connected to the veteran entrepreneur that has got into financial difficulties since the outbreak of the Swords of

In the midst of Israel's Iran operation, the Tel Aviv Stock Exchange (TASE:TASE) board of directors headed by chairman Prof. Eugene Kandel convened to decide on a change to the TASE regulations so that trading will take place from Monday to Friday instead of Sunday to Thursday, as at present. The change, which is supported by the Israel Securities Authority and Bank of Israel, will come into...

"People go and invest in the S&P 500 out of greed, persist, tell themselves 'don't sell when the market is down,' then get scared and want out," says Asaf Banai, founder and co-CEO of Profit Financial Services. Given the increasing volatility of capital markets around the world, including in Israel, and the discussion about the effectiveness of concentrated investment tracks such as the S&P 500,...

Israeli defense It systems company TSG IT Advanced Systems (TASE: TSG) today announced that it had received its first order as part of a cooperation agreement that it signed in March with a leading international military technology supplier. The size of the order for TSG, which develops advanced software systems and solutions for the defense and commercial markets, is for hundreds of thousands of

Israeli startups raised over $1.5 billion in June 2025, 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. This figure marks a return to the huge amounts raised by the Israeli tech industry in 2021.

Within a single year, Israel paralyzed the financial system of the Shi'ite axis. In Operation Northern Arrows against Hezbollah in Lebanon in 2024, Israel severely damaged Hezbollah's Lebanese channels for transferring money, its pool of money exchanges, and its main bank, Al-Qard al-Hassan Bank, blocking the organization's ability to pay compensation to families harmed in the war.

Israeli defense It systems company TSG IT Advanced Systems (TASE: TSG) today announced that it had received its first order as part of a cooperation agreement that it signed in March with a leading international military technology supplier. The size of the order for TSG, which develops advanced software systems and solutions for the defense and commercial markets, is for hundreds of thousands of

Israeli precision medicine company Imagene AI has announced the completion of a $23 million financing round led, as in the previous round, by Oracle founder Larry Ellison. This brings the total amount raised by the company to $45 million. Also participating in the finance round was existing investor Aguras Pathology Investments. The company is developing AI-based personalized medicines in...

Some Israeli and foreign airlines and tour operators have asked Minister of Transport Miri Regev, Minister of Finance Bezalel Smotrich, and Minister of Economy Nir Barkat, to exempt them from the need to compensate passengers whose flights were canceled or changed due to Israel's operation against Iran. The airlines insist that the exceptional circumstances during the fighting does not allow them

Is it possible to renovate tens of thousands of housing units in Israel in buildings that are mostly dilapidated, abandoned, and uninhabitable? The Haifa Municipality is promoting a first-of-its-kind policy document to reduce the number of abandoned buildings in the city. A survey conducted revealed that there are some 700 abandoned buildings in Haifa, which wastes land resources, scars the urban

Israel's cybersecurity industry continues to raise vast sums from foreign investors. Cato Networks has announced the completion of a $359 million Series G financing round at a company valuation of $4.8 billion.

Today, Teva Pharmaceutical Industries (TASE: TEVA; NYSE: TEVA) announced the launch of a technological innovation program in drug development, at an investment expected to reach tens of millions of dollars.

As part of the current memorandum of understanding, the US invests $3.3 billion annually in military aid to Israel but in the operation against Iran, US assistance reached an especially high amount. According to the "Bulgarian Military" website, during the 12 days of fighting between Israel and Iran, the US has launched about 15%-20% of all THAAD system interceptors in the world against Iranian...

The second quarter of 2025 is shaping up to be one of the strongest quarters in capital raising for Israeli tech companies in recent years. But estimating exactly how much money was raised depends on who you ask and how you count.

Romania's Ministry of Defense announced today that it has selected Israel's Rafael Advanced Defense Systems as the winner of its tender for the procurement of a short-range and ultra-short-range air defense system (V/SHORAD). The tender is worth an estimated €1.9 billion ($2.2 billion), with previous reports indicating that the system offered by Rafael is the Spyder. The agreement between the...

Profit CEO: In uncertain times, investing in this track is worthwhile US President Donald Trump's tariff policy and growing fears of a recession have sent the US stock market into a tailspin. The S&P 500 index, considered one of the main indicators of market performance, has approached "correction" territory (a decline of over 10% from its last peak). This was almost in line with the Nasdaq,...