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Navit Zomer
Israeli plant-based meat breaks into three major US grocery chains
Defying the global slowdown in plant-based meat, Israel's Chunk Foods secures a rare retail breakthrough, landing its whole-cut fermented steaks in Whole Foods, Sprouts and Texas grocery powerhouse H-E-B
Navit Zomer
|
06.28.26
Two new immigrants invest 30 million shekels in an Israeli hostel chain
Marc Lugassy and Paul Naccache, olim from Switzerland and France, led an investment round in the Abraham Group; the money will finance the construction of a hostel complex on the Dead Sea and the expansion of the Abraham Tours tour arm in international markets
Navit Zomer
|
06.25.26
Israeli health-tech firm PulseNmore soars over 200% in trading surge
Shares rallied after strong investor response to growing adoption of PulseNmore’s FDA-cleared home ultrasound system in the US market
Navit Zomer
|
06.25.26
‘The market woke up from the dream’: What’s rattling the Tel Aviv Stock Exchange?
While Wall Street and Europe rally on US-Iran agreement, Israeli investors see strategic setback, sending Tel Aviv shares sharply lower as banks, energy, insurance and real estate stocks lead decline
Navit Zomer
|
06.18.26
Israeli defense firms’ booths closed again at Eurosatory arms fair in Paris
Organizers shut booths of Israeli companies displaying offensive weapons systems, including Smart Shooter, Orbit, Aeronautics and Controp, while firms showing defensive systems, such as IAI, Rafael and Elbit, were allowed to remain
Tamar Sebok, Itamar Eichner, Navit Zomer
|
06.15.26
Haifa Bay suburbs to welcome first hotel
Park Eden will bring 100 rooms, a rooftop pool, spa and business floor to Kiryat Motzkin, with completion expected in 2029
Navit Zomer
|
06.11.26
Pharma giant Teva to cut 250 jobs at Israel plant
Layoffs at Teva Tech in Ramat Hovav are part of a global restructuring of TAPI, Teva’s active pharmaceutical ingredients unit, as the company weighs a possible sale
Navit Zomer
|
06.10.26
Israel’s lost tourism summer: Jewish groups abroad cancel trips in droves
Taglit hoped to bring 20,000 young participants and the Maccabiah expected about 10,000 athletes and relatives, but war fears, travel warnings and limited flights are expected to cut arrivals by more than half
Navit Zomer
|
06.03.26
Foreign workers reshape Israel’s post-October 7 labor market
From supermarkets and garages to construction sites and hotels, 240,000 foreign workers are filling gaps left by Palestinian laborers and Israelis no longer drawn to physical jobs
Navit Zomer, Iris Lifshitz-Klieger
|
05.31.26
Rafael profit rises 23% as backlog hits $24 billion and Defense Ministry debt swells
Rafael’s first-quarter reports show growth across key metrics, with net profit up 23% and orders up 28%; CEO Yoav Turgeman says the Defense Ministry’s debt to the company has climbed to nearly 7 billion shekels, calling delayed payment ‘not a badge of honor for Israel’
Navit Zomer
|
05.28.26
Elbit will modernize a European country's military for $1.4 billion
The company announced that it has signed a five-year contract with a European country to supply autonomous unmanned vehicles, ground-based electronic warfare systems, precision-guided munitions for artillery and air-to-ground attacks, and electro-optical marking systems
Navit Zomer
|
05.26.26
She bought a tiny Holon company and now it’s worth 8 billion shekels
From a small Holon business to a global empire: Karen Cohen Khazon built Turpaz into an 8 billion shekel flavor and fragrance group operating in 90 countries through an aggressive worldwide acquisition strategy
Navit Zomer
|
05.25.26
Luxury Sea of Galilee resort to open in 3 years after $173 million investment
The Amnon Bay resort will include 200 suites with private pools, restaurants and commercial space on the northern shore of the Sea of Galilee, with Isrotel set to operate the hotel
Navit Zomer
|
05.24.26
Beit Shemesh mystery blast: what to know about the defense company behind it
A loud explosion and large fireball alarmed locals, but defense company Tomer says it was a planned test, emergency forces were notified in advance and distant videos exaggerated the blast
Navit Zomer, Gilad Cohen
|
05.17.26
Despite Eurovision boycott, Finland hosts massive Israeli defense industry delegation
Finnish military officials presented procurement plans as 32 Israeli companies, including Elbit, Rafael and seven startups, sought new deals and deeper cooperation
Navit Zomer
|
05.14.26
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