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Inside Hezbollah's financial network: Iran, banks and smuggling operations unveiled
While Tehran continues to supply its main proxy with funds, the terror group has turned to criminal and civilian bodies to continue to finance its fight against Israel
Lior Ben Ari
|
10.21.24
El Al's owner Rozenberg sells Centers Plan For Healthy Living for a billion dollars
Elevance Health to purchase nursing home company from Centers Health Care subject to U.S. FTC approval; Rozenbeg holds major share in Israeli national carrier which sees profits spike amid war, faces embezzlement charges in New York
Golan Hazani
|
10.20.24
Haredi developer Yaki Reisner eyes $400 Million IPO for real estate firm
Entrepreneur considers potential offering on Reisdor Initiatives, potentially this year's biggest on Tel Aviv Stock Exchange; company manages 1.73 million square feet of office space and is developing 12,500 apartments across Israel
Golan Hazani
|
10.08.24
Plans to open Dutch SPAR stores in Israel hit snag
Local franchise owner, businessman Amit Zeev, parts ways with Yitzhak Mirilashvili who owned 19% of the business; says is now looking for new investors
Navit Zomer
|
10.06.24
'Clear warning sign': Israel's high-tech employee numbers stagnate
New Israel Innovation Authority report shows number of new tech workers entering sector has diminished greatly since 2022; report commends sector for withstanding Gaza war
Israel Wolman
|
09.23.24
Sports wear brand OYSHO heading to Israel
Zara's Israeli franchisee moves to import Spanish clothing brand and is looking to open up to 12 new locations throughout the country in 2025
Orna Yefet/Calcalist
|
09.10.24
Israeli girls cash in on gel nail polish trend
An increasing number of youths in Israel see the trendy fashion accessory as a potent way to pursue a creative pastime while earning money
Maya Benita
|
09.03.24
Israeli tech companies continue to struggle amid war, local report shows
Data from Israeli group investing in 50 leading Israeli tech companies shows promising companies lost millions in valuation amid local and international troubles
Meir Orbach/Calcalist
|
08.26.24
Johnson & Johnson to acquire Israeli medtech firm V-Wave
V-Wave’s device, implanted in the heart through a minimally invasive procedure, aims to reduce heart failure and related complications
Meir Orbach
|
08.21.24
Israeli synthetic diamond company faces insolvency
Benny Landa's Lusix, a lab-grown diamond manufacturer, notifies creditors of plans to file for insolvency after an unsuccessful attempt to secure a $15 million cash injection from shareholders
Golan Hazani
|
08.19.24
What does Fitch's decision to downgrade Israel's credit rating mean for its economy
International rating agency has become the third to downgrade Israel’s credit rating, citing concerns over controversial financial policies and ongoing regional tensions
Gad Lior
|
08.14.24
UAE to invest $1 billion in Israeli-French billionaire's company
Abu Dhabi fund joins Israeli-French media mogul Patrick Drahi's Sotheby's, providing him a lifeline after Qatar funding falls through over Gaza war
Daniel Edelson, New York
|
08.11.24
Largest UK pension fund divests from Israel amid war
USS announces move citing worried costumers about further investments in the Middle East and Jerusalem; U.S. investment in country soars
Calcalist
|
08.08.24
Billionaire blues: The private jet scam that fooled Israel’s rich
Many of Israel's wealthiest and top executives entrusted Yaniv Salmon with hefty deposits for private jet access, only to find he used the funds to cover massive debts, leaving them without a jet and saddled with a loss
Golan Hazani, Calcalist
|
08.05.24
How will Intel's crash affect the Israeli market?
The computer chip giant's plans to cut thousands of employees following miserable earnings report won't pass over Israel but observers say local staff employed in critical company sectors and may be spared compared to less profitable units
Israel Wullman
|
08.04.24
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