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Navit Zomer
Israeli group makes surprise $4.5B bid for ZIM after merger deal
Offer, which challenges ZIM’s existing merger deal with Hapag-Lloyd and FIMI, includes a promised $250 million employee bonus and a pledge to keep ZIM’s fleet and operations under Israeli control
Navit Zomer
|
05.06.26
Teva resumes acquisitions with $900 million Emalex deal after decade-long hiatus
Teva will pay $700 million upfront and up to $200 million more for Emalex, which develops a Tourette syndrome treatment granted orphan drug status; the deal comes as the company reports $4 billion in quarterly revenue and $369 million in net profit, beating forecasts
Navit Zomer
|
04.29.26
War and AI helped them surge: five veteran Israeli tycoons who thrived in a turbulent year
As Israel’s economy faced strain, five longtime business leaders, most over 70, capitalized on war-driven demand and the AI boom, from data centers and energy to chips, finance and defense, reshaping markets and posting major gains
Navit Zomer
|
04.22.26
Idan Ofer buys Manhattan office tower in $350 million bet on housing conversion
Israeli billionaire acquires 845 Third Avenue in Midtown East and plans to turn the 21-story office building into a 529-unit rental property, as New York pushes conversions to address vacant office space and boost housing supply
Hila Tsion, Navit Zomer
|
04.14.26
‘Exports halted, we’re losing tens of millions’: Israeli farmers hit hard by Iran war disruptions
War halts herb, citrus and avocado exports almost entirely; growers warn of massive losses, rising costs and long-term damage as flights stop, ports delay shipments and global fertilizer prices surge amid war with Iran
Navit Zomer
|
04.05.26
From small northern workshop to global stage, Israeli founder builds women-led tech industry powerhouse
Tal Kaufman, founder of Simtal Nano-Coatings Ltd, employs 99% women across communities as she recalls early debts, raising children on the factory floor and her journey from a struggling startup to global recognition
Navit Zomer
|
03.27.26
Rafael posts another year of record sales at 21.7 billion shekels for 2025
Defense contractor says sales up 30% - twice that of IAI and Elbit; net profit crosses the one billion shekel mark for the first time, with company reporting 74 billion shekels backlog
Navit Zomer
|
03.27.26
Fresh produce and food products will be more expensive due to war
Damage to infrastructure in the Gulf has led to a global shortage of fertilizers, and its price has already jumped by 180% in Israel; There is also a 35% increase in packaging prices due to the rise in oil prices; Manufacturers: 'More extreme than corona or war in Ukraine'
Navit Zomer
|
03.24.26
'Feel safer in the mall than at home': Israeli mall spending jumps 33% in week two of war
After a sharp drop in the first week of war, credit card spending surged to 9.3 billion shekels as Israelis returned to malls for coffee, shopping and family outings; retailers hope canceled overseas trips will boost Passover sales
Navit Zomer
|
03.16.26
‘No customers under constant fire’: Northern Israel restaurants struggle as Lebanon attacks continue
As the government pushes to restore normalcy in northern Israel, restaurant owners say nonstop fire from Lebanon and near-zero warning times are keeping diners away, leaving kitchens from Bustan HaGalil to Julis struggling to survive after two years of war
Yair Kraus, Navit Zomer
|
03.15.26
War with Iran drives up shipping costs to Israel, risking price surge for consumers
Shipping firms added war surcharges of 10–25% on cargo to Israel as insurance and operating costs jump during the conflict, while air freight prices are also rising as most foreign cargo flights to the country remain suspended
Navit Zomer
|
03.04.26
Teva shares slide as 2026 forecast disappoints despite strong 2025 earnings
Israel-based pharma giant posts $17.3 billion in 2025 revenue and 19% profit growth, but stock falls on lower-than-expected 2026 outlook, even as CEO touts pipeline potential and billion-dollar quarter from flagship drugs
Navit Zomer
|
01.28.26
Tel Aviv Exchange bets on food sector boom
As investor focus shifts from risky startups to reliable essentials, the Tel Aviv Stock Exchange expands its retail index to include food companies, following a wave of IPOs and surging wartime demand for basic goods
Navit Zomer
|
01.22.26
IAI IPO could launch this year, valued at $27B, regulator says
Government Companies Authority chief Roi Kahlon says labor and regulatory hurdles remain, but an IPO would allow IAI to compete globally, attract top talent and grant employees stock options; Rafael’s IPO is expected later, at a lower valuation
Navit Zomer
|
01.20.26
The dollar is falling, but the prices of imported products still are not dropping: Here's why
The dollar exchange rate continues to fall, but beyond flights abroad, it has not yet affected prices in Israel, and we may only see discounts on imported products in summer; Exporters are being hurt by the shekel's appreciation, and manufacturers are also in trouble
Navit Zomer, Gad Lior
|
01.14.26
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