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Navit Zomer
Israeli pop star Omer Adam buys 40% stake in Zappa live music chain
Adam and Aroma Music acquire a major stake in the Israeli concert venue network from Delek Israel; the new partners will oversee management and expansion, aiming to attract more Israeli artists and open additional venues
Navit Zomer
|
11.03.26
No offensive weapons, no Israeli officials: France tightens restrictions at Paris arms show
At next week's Euronaval show, Israeli companies may display only air defense and missile interception systems, while government representatives remain barred; Israeli manufacturers accuse France of trying to protect its defense industry from competition
Navit Zomer
|
10.29.26
Naval drones sink Greek container ship sailing from Israel off Bulgaria's coast
Liberian-flagged ship chartered by Israel's ZIM sinks after drone attack in Black Sea while carrying 421 containers to Romania; all 18 crew members rescued amid escalating threats to commercial shipping amid Russia-Ukraine war
Itamar Eichner, Elisha Ben Kimon, Navit Zomer
|
10.29.26
El Al chairman eyes massive payday as airline stock soars to record highs
Shareholders will vote on Amikam Ben-Zvi's proposed salary, bonus and stock awards as El Al prepares to join the TA-35 index; airline's shares surge 660% in three years, lifting controlling shareholder Kenny Rosenberg's stake to 4.5 billion shekels
Navit Zomer
|
10.25.26
From high school friends to fashion founders: How 2 women built and sold a modest clothing brand
What began with homemade skirts at a religious high school grew into Sde Bar, a modest fashion brand now sold to Terminal X in a multimillion-shekel deal, as founders Ariela Avitan and Adi Cohen plan expansion in Israel and abroad
Navit Zomer
|
10.18.26
250% of home electricity rates: Why is EV charging so expensive in Israel?
A Knesset report reveals steep gaps between home and public EV charging rates; three providers control 59% of charging ports, while nearly two-thirds of survey respondents report a shortage of fast chargers; prices could rise further
Navit Zomer
|
10.14.26
‘McDonald’s can’t hold a candle to us’: the woman determined to revive Burger King in Israel
Former Burgerim founder and lawyer Dana Tuchner plans to expand from 19 restaurants to 100, including at Delek gas stations; after a 15 million-shekel loss in 2024 and over 30 million shekels in rescue funding, the chain says it is profitable again
Navit Zomer
|
10.13.26
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
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