Sage Publications, Inc. (Globes (Rishon LeZion, Israel))

2162 results for Sage Publications, Inc. (Globes (Rishon LeZion, Israel))

  • Elbit Systems UK JV wins $88m pilot training system deal

    Israeli defense electronics company Elbit Systems Ltd. (Nasdaq: ESLT; TASE:ESLT) announced today that Affinity Flying Training Services Ltd., its UK joint venture with Kellog, Brown and Root Ltd. (NYSE: KBR), has been awarded an $88 million (£65 million) contract from the UK Ministry of Defense for the operation of four additional Texan T-6C aircraft for the UK Military Flying Training System (UKM

  • 150 tourists without green pass refused entry to Israel

    Since Israel reopened to foreign tourists on November 1, some 300 tourists have been declined entry into the country at Ben Gurion airport - 150 because they failed to comply with the Ministry of Health's green pass regulations and 150 because the immigration authorities suspected they wanted to remain and live in the country, rather than just visit.

  • Israeli law firm shares profits with all employees

    For the first time, a law firm is changing the traditional remuneration model and switching to a model based also on a percentage payment for each case (on top of a fixed salary), starting from the first day of employment, even for interns. The aim is to cope with the demand for lawyers in tech sectors, attract employees and then keep them in a competitive market. This is a very exceptional model

  • Pharmocann teams with Shamir Institute on magic mushrooms

    Israeli company Pharmocann (TASE: PMCN), which mainly deals in cannabis products, has announced that it will set up a company jointly with the Shamir Research Institute to carry out research and development of psychedelic drugs based on psilocybin mushrooms (magic mushrooms).

  • Israel's roads: It's even worse than you think

    The figures for car deliveries in Israel in October released last week look fairly tepid: slightly more than 19,000 new cars took to Israel's roads last month, and October has seen higher figures in past years.

  • Shekel rally continues as rate falls to NIS 3.10/$

    The shekel continues to strengthen. The Bank of Israel set the representative shekel-dollar rate this afternoon down 0.48% at $3.103/$ and the shekel-euro rate was set down 0.37% at 3.589/€.

  • Health, transport, food: How the budget affects our lives

    The passage of the budget and the Economic Arrangements Law will directly affect almost everyone in Israel, for better or worse. Minister of Finance Avigdor Liberman has repeated his assertion that the budget is the most socially-minded in Israel's history. It does, however, include several austerity measures, which contradicts earlier statements by Liberman to the effect that there would be no...

  • Budget deficit narrowed sharply in October to 5.5%

    The cumulative fiscal deficit in Israel for the twelve months to the end of October 2021 narrowed to 5.5% of GDP, or NIS 47.1 billion, down from 7.2% at the end of September, the Ministry of Finance Accountant General reports. The fiscal deficit was 10.1% of GDP at the end of October 2020, amounting to NIS 123.8 billion. The fiscal deficit peaked at 11.7% at the end of 2020.

  • American Airlines postpones launch of Tel Aviv - Dallas flights

    American Airlines has postponed the launch of its Tel Aviv - Dallas flights. The new route was due to be launched in September 2020 but postponed until October 2021 because of the Covid crisis and then to January 2022.

  • Bank of Israel purchased $1.7b foreign currency in October

    The Bank of Israel reported that it bought $1.7 billion in foreign currency in October, bringing the country's foreign exchange reserves to a record $207 billion. This brings the Bank of Israel's foreign currency purchases in 2021 to $30.5 billion - above its declared target of $30 billion.

  • Apartments sold and rented

    Second-hand apartments sold

  • Israeli class action data co Darrow raises $24m

    Israeli data-for-justice platform Darrow has completed a $24 million financing round led by Entrée Capital, NFX, F2 Venture Capital, and Y-Combinator.

  • NIS 30m penthouse added to Tel Aviv Bauhaus building

    The apartment building at 3 Melchett Street in the heart of central Tel Aviv has undergone a remarkable transformation as part of an urban renewal project developed by the City of People Rotshtein Group.

  • Gov't to allow more Palestinian workers into Israel

    This morning, the government is due to approve expansion of the quota of Palestinian workers allowed into Israel from Judea and Samaria. 8,500 more workers will be allowed to enter Israel for work in any industry, and another 3,200 will be allowed into the Atarot industrial zone. Further permits will be given to 500 Palestinian technology workers to work in Israel.

  • Bennett: The government's great test is self-restraint

    "We have completed the process of extricating Israel from instability," Prime Minister Naftali Bennett said at a press conference held yesterday evening to mark the passing of the budgets for 2021 and 2022. Minister of Finance Avigdor Liberman and Minister of Foreign Affairs Yair Lapid appeared alongside Bennett at the press conference.

  • Shekel 6% stronger in 2021 and still gaining

    Even though the Bank of Israel has purchased nearly $30 billion in foreign currency in 2021 in order to moderate the strengthening of the shekel and assist exporters, the shekel has appreciated by 6% against the basket of currencies of Israel's major trading partners, to a record strength, and is continuing to gain.

  • Knesset passes 2022 budget

    After a long delay caused by a coalition member of Knesset who inadvertently voted with the opposition on a clause of the budget bill, the 2022 state budget passed the Knesset last night. The vote was 59 in favor and 56 against. Prime Minister Naftali Bennett's coalition has thus accomplished its mission of passing its five budget laws covering 2021 and 2022, rendering it fairly secure for the...

  • Amid outcry, Shufersal suspends cut-price website for haredim

    After the outcry and the class actions comes the stage at which supermarket chain Shufersal CEO Itzik Abercohen stands before the cameras and announces the suspension of the "secret website" exposed on television Channel 10's "Tochnit Hisachon" ("Savings Program").

  • Early stage VC UpWest raises $70m fourth fund

    After the flotation of cybersecurity company SentinelOne, and the huge financing round by HoneyBook, venture capital firm UpWest, founded by Shuly Galili and Gil Ben-Artzy, is raising a fourth fund, of $70 million. This appears a small amount, only a third to a half of what Israeli startups raise on their way to becoming unicorns.

  • Fortissimo buys 77% stake in Sela Software

    Israeli private equity firm Fortissimo Capital has announced that it is acquiring a 77% stake Sela Software from its founders, David Bassa and Caro Segal. Sela Software is one of the largest cloud services providers in Israel and has 300 employees in Israel and abroad. No financial details about the deal were disclosed.

  • Emirates to launch daily Tel Aviv - Dubai flights

    After repeated delays, Emirates Airline has finally announced that it is launching daily Tel Aviv - Dubai flights from December 6.

  • Remote gynecological imaging co illumigyn raises $33m

    Israeli remote gynecological imaging platform developer illumigyn has announced the closure of a $33 million financing round with Yozma Group Korea and Ubicom Holdings Japan among the investors.

  • Knesset passes Economic Arrangements Law

    The Knesset has passed the second and third readings of the Economic Arrangements Law by 61 votes to 57.

  • Knesset approves 2021 budget

    In marathon discussions the Knesset approved the second and third readings of the 2021 Budget Law at 5.30 am this morning by 61 votes to 59. Discussions will continue through to Friday morning to ensure that the 2021 and 2022 budgets and all accompanying legislation are passed.

  • Shekel resumes strong gains

    The shekel has resumed strengthening today and in late morning inter-bank trading, the rate against the dollar is 0.62% down from yesterday at NIS 3.119/$ and is currently down 0.86% against the euro at NIS 3.603/€.

  • J&J orthopedics unit Synthes buys Israeli co OrthoSpin

    Israel's Trendlines Group has announced that Synthes GMBH (part of J&J Orthopedics unit DePuy Synthes) is acquiring 100% of Israeli orthopedics robotics system company OrthoSpin for $79.5 million cash. Trendlines Group has a 26.9% stake in OrthoSpin and will receive $15.8 million after expenses after investing $1.3 million.

  • ICL profit quadruples

    Israeli chemicals and minerals manufacturer (TASE: SKBN) rose 4.15%, ICL (TASE: ICL: NYSE: ICL) reported very strong results for the third quarter of 2021 backed by the sharp rise in commodity prices and demand.

  • How to invest as the shekel strengthens

    As the shekel continues to strengthen, "Globes" asked senior executives and investment experts at Israeli financial institutions where it is advisable to invest in the wake of the new exchange rate levels and who is going to be most hurt by the shekel appreciation.

  • Sure-Tech invests in fintech co Lance

    Sure-Tech Investments R&D Partnership (TASE: STEC.L) today announced that it has signed an investment agreement with a SAFE mechanism to invest in fintech company Lance. Under the terms of the agreement, Sure-Tech has agreed to invest $200,000, as part of the $2.75 million financing round, which Lance has raised.

  • SolarEdge falls on tepid Q4 guidance

    Israeli solar energy company SolarEdge Technologies Inc. (Nasdaq: SEDG) is down 4.2% in premarket trading after publishing its financial results for the third quarter of 2021. The company, which provides solar energy monitoring and optimization systems in the field of energy storage, reported $526 million revenue in the third quarter, up 55.7% from the corresponding quarter of 2020 but slightly...

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