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Navit Zomer
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
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
Israel’s diamond exports plunge to historic low as exchange chief resigns
Exports fell to just $2.4 billion in the first half of 2026, while the industry struggles with Dubai’s tax advantages, lab-grown stones, weaker global demand and a new 10% US tariff
Navit Zomer
|
07.26.26
Israel’s factories grind to a halt as foreign technicians refuse to come
Cottage cheese shortage exposed a broader crisis across Israeli industry, where foreign technicians are refusing to install or repair imported machinery, leaving multimillion-shekel production lines idle and manufacturers improvising remote fixes
Navit Zomer
|
07.20.26
The truth behind the giant fireball that alarmed central Israel
A dramatic nighttime rocket-engine test triggered rumors of disaster, but Tomer CEO Dotan Gabai says it exposed a far bigger story: soaring missile demand, round-the-clock production and Israel’s race to prepare for the next war
Navit Zomer
|
07.18.26
This Israeli gaming stock just soared 40% — here’s why
Buff Technologies says a top-five global AI company will pay for gamer behavior data, opening a potential new revenue stream beyond advertising
Navit Zomer
|
07.14.26
Pools, sea views and chef menus: Israel’s senior living market turns into luxury real estate
Real estate giants are pouring billions into upscale retirement complexes with spas, restaurants, fitness classes and smart health tracking; But with multimillion-shekel deposits and five-figure monthly fees, the new model remains largely reserved for Israel’s wealthiest seniors
Navit Zomer
|
07.07.26
A sweet deal: Green Lantern buys 49% of Biscotti at 500M shekel valuation
Israel’s Competition Authority approved the deal after a seven-month review of Green Lantern’s holdings in the French Bakery and Shemo; Biscotti founder Amir Porat will continue to run the company
Navit Zomer
|
07.02.26
Israeli sound-wave dyeing tech aims to clean up the global jeans industry
Brazil’s Vicunha, a denim supplier for brands including Zara, Diesel and Calvin Klein, signs memo to buy 20% of Israel’s Sonovia, whose technology uses sound waves to push indigo dye into fabric without polluting chemicals
Navit Zomer
|
07.02.26
From $3.5 billion to $76 million: what went wrong at one of Israel’s most promising medtech firms?
Israeli digital X-ray developer Nanox was once seen as medical imaging’s next big thing; its latest reports, with a going concern warning and withdrawn revenue forecast, erased nearly all its value, leaving investors facing a bet-or-bail dilemma
Navit Zomer
|
07.01.26
NIS 85,000 a month: which government company pays the highest salaries?
The Government Companies Authority’s 2025 report reveals where IAI and Rafael’s much-anticipated IPOs stand, how defense industry successes drove record revenues and which state-owned company pays the most
Navit Zomer
|
06.30.26
FPV drone threat haunting IDF troops may finally get a 60-second warning system
IDF signs 21 million shekel deal with Rehovot-based Magos for hundreds of compact radar systems that can detect drones before troops hear them and support wide battlefield deployment
Navit Zomer
|
06.29.26
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