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Navit Zomer
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
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
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