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Tags
Navit Zomer
Israeli businessman buys pizzeria from Beitar Jerusalem owner for millions
Gilad Bruchim, a major Israeli parallel importer of electrical appliances, bought Don Perdo pizzeria from Japanika and Beitar Jerusalem owner Barak Abramov, as he and his son plan to build a fast-food group with several brands
Navit Zomer
|
10.06.26
Israel’s largest spa planned for new luxury resort replacing Ashkelon’s ‘white elephant’
Shevet Ahim has begun construction on a 20,000-square-meter seafront complex with 98 smart rooms, restaurants, rooftop pool and a 30-room spa, replacing the unfinished Cliff Hotel and slated to open in March 2027
Navit Zomer
|
10.04.26
Palo Alto Networks becomes first company worth 1 trillion shekels on Tel Aviv Stock Exchange
Cybersecurity giant’s shares jump 5.4% to a record high, giving it a market value equal to roughly a third of all TASE-listed stocks; El Al and Israir rise again after Flydubai scare
Navit Zomer
|
10.01.26
Israeli rifle-sight maker Smart Shooter lands $150M US anti-drone deal
Smart Shooter was named sole supplier of SMASH systems to a US task force combating small drones; the three-year framework includes equipment, training and service, while the $150 million figure is a ceiling, not a guaranteed government purchase
Navit Zomer
|
09.30.26
They made Papa Johns a hit in Israel, now they want to conquer the Netherlands
After growing Israel from three stores to 44, Moti and Chen Richter took over a struggling Dutch operation; combined revenue now stands at NIS 195 million as they target 100 stores, Belgium and eventually an IPO
Navit Zomer
|
09.18.26
Israeli weight-loss pill maker Epitomee surges 110% as investors bet on turnaround
The Israeli company’s mechanical weight-loss capsule already has FDA approval, but after Nestlé ended a commercialization deal its shares collapsed; new CEO Dolev Rafaeli says the problem is distribution, not the product, and is targeting direct US sales
Navit Zomer
|
09.15.26
How hard will settlement sanctions hit — and which industries are most at risk?
Direct trade at risk is small, but industry leaders warn sanctions could chill Israeli exports more broadly as 11 countries join Britain’s move
Navit Zomer
|
09.08.26
Israel’s date growers face losses as Egyptian imports flood the market
European countries are boycotting produce from the Jordan Valley, while a regulatory loophole allows duty-free imports of frozen dates from Egypt, hurting local crops; growers say they are powerless: 'The state is leaving us to absorb the losses'
Navit Zomer
|
09.01.26
Cambodia opens market to Israeli oranges, lemons and grapefruits
Israeli growers will be able to export citrus to Cambodia from the coming season, with industry officials estimating potential sales of about 10,000 tons a year
Navit Zomer
|
08.21.26
Chinese sportswear giant ANTA to launch in Israel in Castro-Renuar venture
Rival fashion groups will invest about NIS 30 million in stores, online sales and distribution, with operations set to begin in 2027
Navit Zomer
|
08.18.26
IAI posts record $449M profit, says IPO is ‘closer than ever’
Israel Aerospace Industries’ first-half net profit rose 40% to $449 million as its order backlog hit a record $35 billion, while talks with the government advanced toward a planned Tel Aviv offering of about 20% of the company
Navit Zomer
|
08.13.26
Elbit shares tumble despite global defense demand driving record backlog
Israeli defense giant's profit jumps 38% and backlog hits a record $32 billion as sales reach $2.3 billion, but shares slide 9.4% amid apparent profit-taking after a three-year surge
Navit Zomer
|
08.12.26
Israeli chef Yuval Ben Neriah to launch €10M Japanese fast-casual chain in Europe
Taizu chef’s first overseas venture will open in Vienna and focus on high-quality Japanese food built around rice, with compact locations, limited seating and an emphasis on takeout orders
Navit Zomer
|
08.12.26
Iron Beam delivered to IDF, but ‘game-changing’ laser shield remains offline months later
Rafael-developed billion-dollar laser interceptor delivered to IDF in December but remains nonoperational, delaying hopes for low-cost new layer of Israel’s air defense
Navit Zomer
|
08.09.26
El Al shrugs off war with Iran, doubles profit for second quarter
Despite a $145 million hit from Operation Roaring Lion, El Al doubled its second-quarter net profit to $132 million as revenue climbed 27% to nearly $1 billion; The airline cited a rapid recovery and strong demand despite sharply higher fuel costs
Navit Zomer
|
08.05.26
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