Navit Zomer

26°

Weather

YnetGlobal Channels

Sites & Sources

more channels

Contact

Navit Zomer

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

Israel’s diamond industry collapses as veteran traders become taxi drivers and money changers

Veteran dealers say half the traders have already left the exchange as lab-grown stones erode confidence, demand in China dries up, US tariffs hurt exports and once-thriving merchants are forced to reinvent themselves

Navit Zomer | 08.03.26

מימין: עדי כהן ואריאלה אביטן, מנכ"ליות ומעצבות מותג שדה בר

Terminal X expands into modest fashion with acquisition of Sdebar Brand

Terminal X is acquiring 51% of modest fashion brand Sdebar, founded by two friends, in a deal valued at millions of shekels; The move marks the retailer’s first entry into the modest fashion market

Navit Zomer | 07.30.26

‘People get upset when a company succeeds’: Arkia CEO defends airline amid delay complaints

No airline has escaped experiencing flight delays, but Arkia has received harsh criticism online in recent days; CEO Oz Berlowitz: 'Campaign was started by a social media influencer whose family’s flight was delayed. 92% of our flights depart on time'

Navit Zomer | 07.29.26

‘The failure is Bibi’s’: Diamond exchange chief blames Netanyahu for industry crisis

In a follow-up to figures showing exports at a historic low, outgoing exchange president Nissim Zuaretz says Netanyahu has neglected efforts to remove the 12.5% US tariff, warning that traders may close businesses or relocate to Belgium

Navit Zomer | 07.29.26