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Jewish family from New York seeks to acquire one of Israel’s oldest fruit factories
The Weiner family, specializing in acquiring industrial real estate in Israel’s periphery, is negotiating the purchase of the Pri HaGalil factory in Hatzor HaGlilit
Navit Zomer
|
02.11.25
Israeli cyber startup looks to acquire the one that OpenAI CEO Sam Altman as investor
Varonis Systems reportedly aims to buy out Apex Security for an estimated $40 million following OpenAI CEO's nterest in the cybersecurity firm
Meir Orbach/Calcalist
|
01.22.25
Why this lavish golden yacht has no takers
Khalilah, a 50-meter carbon-fiber yacht famed for lightweight efficiency and luxury, remains unsold despite global recognition; last week, its price dropped by €2 million to €19.9 million—the second reduction in two months—seeking a buyer
News agencies
|
01.20.25
Apple reveals Tim Cook's eye-popping 2024 salary
Tech giant reports CEO's total salary increased by 18% to almost $75 million compared to 2023 despite declining revenue and profits
Raphael Kahan
|
01.13.25
More businesses struggle to stay afloat due to the war
Dun & Bradstreet data reveals that governmental suspension of financial aid to businesses during the war incurred difficulties
Navit Zomer
|
01.13.25
Israel prepares major bond offering to tackle wartime budget deficit
Finance Ministry plans multi-billion-dollar international bond issuance to address budget deficit, leveraging improved market conditions after recent geopolitical shifts; move follows March’s $8B offering, which saw strong global demand
Gad Lior
|
01.08.25
Israel signs multi-billion deal to buy more Arrow-3 interceptors to counter Houthi threat
Defense Ministry purchased a new stock of Arrow-3 interceptors from the Israel Aerospace Industries to enhance protection against ballistic missile threats; Each interceptor costs approximately $4 million, and the move follows an uptick in missile attacks by the Houthis from Yemen
Yossi Yehoshua
|
12.24.24
Eilat port lays desolate amid Houthi threat
After challenges faced by Israel's southernmost city during the war in Gaza, port officials say lack of work due to Houthi threat is a danger to Israeli economy
Ilana Curiel
|
12.21.24
'Coexistence is the only way forward, especially in business and innovation'
Jerusalem Business Overview event highlights role of economic collaboration in bridging city's divides and emphasizes innovation and entrepreneurship as pathways to thriving, inclusive future
Marc Faust
|
12.20.24
Post now, regret later - Parents give out too much information about kids
Criminals use private information posted on social media to steel identities; can lead to physical danger, financial risks, online fraud, and the leakage of sensitive data to commercial companies that may exploit it for their own benefit
Lital Dubrovitzky
|
12.19.24
What lies ahead for the Israeli economy in 2025?
Leader Capital Markets forecasts mixed 2025 for Israel’s economy, with slower growth in banking and real estate but optimism in defense, insurance and construction; post-war recovery, infrastructure expansion and rearmament expected to drive key sector growth
Amir Prager
|
12.18.24
McDonald’s Israel to gift customers with free water, coke or fries due to lawsuit
Fast food chain to compensate customers ordering online after settling a class action lawsuit alleging it was hiding higher prices from consumers
Meirav Crystal
|
12.18.24
Teva shares jump by 26% on Wall Street as its most promising drug shows exceptional trial results
Duvakitug, a treatment for colitis and Crohn's disease, surpassed expectations and positions Teva to compete in the $28 billion global inflammatory bowel disease market
Sophie Shulman
|
12.17.24
Ehud Barak's spyware startup Paragon acquired for up to $900M
Israeli offensive cyber company co-founded by former Prime Minister Ehud Barak, will be sold to US private equity firm AE Industrial Partners for $900 million; The deal includes an upfront payment of $500 million and an additional $400 million contingent on achieving business milestones
Tal Shahaf
|
12.16.24
Significant discrimination against Israelis and Jews in US job market, study reveals
A California State University study, published by the ADL, found Israeli-Americans must submit 39% more job applications than Western Europeans to get similar positive responses, with the largest gap in Seattle at 6.8% versus 23.1%
Daniel Edelson, New York
|
12.05.24
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