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Gil Mandelzis Photo: Eyal Touaeg Israeli fintech co Capitolis buys UK co Capitalab

The $46 million acquisition will allow Capitolis, a market leader in the optimization and compression space, to offer more optimization and compression solutions to the industry.

El Al CEO Dina Ben Tal Ganancia credit: Shlomi Yosef El Al CEO: Israel has clear interest in having strong airlines

Dina Ben Tal Ganancia told the Globes Business Conference that, the war aside, worldwide demand has outstripped supply since Covid, while manufacturers cannot deliver enough new aircraft.

Gil Shwed credit: Cadya Levy Check Point CEO warns on escalating cyberattacks

Gil Shwed told the Globes Israel Business Conference that the level of attacks worldwide has increased and that they are much more complex and cause much more damage.

Asaf Danziger credit: PR Trial success boosts NovoCure

The company's share price is up over 30% after it announced the results of the trial of its product in treating pancreatic cancer.

El Al airliner Credit: Michal Raz-Chaimovitz Hedge funds sell El Al stock amid profit-taking

After rising 240% in the past 13 months, El Al’s share price has been falling following the ceasefire with Hezbollah, as foreign airlines announce resumption of Israel flights.

Bezalel Smotrich and Amir Yaron credit: Knesset Spokesperson and Tali Bogdanovsky BoI, Treasury push for more retail banking competition

The Bank of Israel and Ministry of Finance have set up an inter-ministerial team, which will focus on strengthening competition in the deposits and credit sector for small businesses and households.

Ronen Fauer  credit: Eyal Izhar SolarEdge share price soars 50% from last month's low

The company has been coping with changes in the solar energy market that have hit its results.

Shekel-dollar ASAP Creative Goldman Sachs and UBS see shekel gaining sharply

The ceasefire agreement between Israel and Lebanon has seen investment banks and rating agencies issuing more positive forecasts for the Israeli economy.

Prof. Tamir Tuller and Dr. Eyal Afergan  credit: Eyal Izhar Regulator approves alternative proteins, but you can't try them yet

As ImaginDairy becomes the third alternative protein producer to receive regulatory approval in Israel, why are promising food technologies finding it hard to get onto market shelves?

Patrick Collison  credit: Shutterstock Stripe founder Patrick Collison's Israel visit stirs strong feelings

Many responses to Collison's post about his visit on X were virulently anti-Israel. The question, though, is what is Stripe looking for here?

Uri Alon  credit: Sivan Farag Bank Leumi board elects Uri Alon chairperson

Alon was chosen ahead of former Ministry of Finance director general Ram Belinkov and former Mercantile Bank chairperson Esther Deutsch.

Ronen Fauer  credit: Eyal Izhar SolarEdge to shut non-solar Energy Storage division

The division is based on Korean company Kokam, which SolarEdge acquired six years ago for $88 million.

Bank Hapoalim  credit: Bar-El Bank Hapoalim offers 25-year CoCo bond

The institutional stage of the 13-year and 25-year contingent convertible bond offering has raised NIS 640 million.

Markets gaining credit: Shutterstock How will markets react to a ceasefire in the north?

Reports of an imminent ceasefire between Israel and Hezbollah raise the question how far stock market rises will go, and what will happen to the shekel and interest rates.

Shekels credit: Shutterstock Vladerina32 Shekel gains to strongest for 4-months against dollar

Boosted by expectations of a ceasefire on the northern border, the Israeli currency is also at its strongest for 20 months against the euro.

Yossi and Shlomi Amir  credit: Freshmarket Shufersal profit soars

The cutbacks by the supermarket chain's new owners the Amir brothers have paid off with a third quarter net profit of NIS 237 million.

Carrefour branch credit: Pnina Ben Shalom Carrefour turns profitable for Electra Consumer Products

Electra Consumer Products’ share price has shot up, as its investment in the Carrefour franchise finally starts to bear fruit.

Bank of Israel Governor Prof. Amir Yaron credit: Oded Karny Bank of Israel keeps rate at 4.5%

The Bank of Israel cited uncertainty due to the war and rising inflation as reasons behind its decision.

Gil Mandelzis Photo: Eyal Touaeg Global banks invest $20m in Israeli fintech co Capitolis

The investment by Citi, UBS, Morgan Stanley and State Street will be used to further grow Capitolis’ capital marketplace and portfolio optimization businesses.

Shekel v dollar  credit: Tali Bogdanovsky using Adobe Firefly Shekel opens week with strong gains against dollar

The Israeli currency has been boosted by reports that a ceasefire with Hezbollah could be reached in the coming days.

Idan Ofer  credit: Sivan Farag Kenon set to dispose of more ZIM shares

Shipping line ZIM's share price has risen by 260% in the past year, giving an opportunity to Idan Ofer's Kenon Holdings to reduce its stake further.

Strauss logistical center in Shoham  credit: Shutterstock/Igal Vaisman Strauss sells 50% Sabra dips stake to PepsiCo

PepsiCo will pay $244 million to fully own the Sabra and Obela brands, which have the largest market share of refrigerated fresh hummus in the US.

Zvika Netter credit: Orel Cohen Advertising platform Innovid sold at 94% premium

Innovid is merging with a Mediaocean unit at a valuation of $525  million, and will be delisted.

Isracard CEO Ran Oz  credit: Tammy Bar-Shay Bank of Jerusalem to bid for Isracard

The leading candidate to acquire the credit card company is currently Menorah Mivtachim, but Bank of Jerusalem says it will propose a triangular reverse merger within 21 days.

Assaf Rappaport and Merav Bahat credit: Ben Hakim and Netanel Tobias Wiz buys Israeli cybersecurity co Dazz for $450m

Wiz is acquiring the unified security remediation company, which was cofounded by CEO Merav Bahat, one of Wiz CEO Assaf Rappaport's closest friends from when they worked together at Microsoft.

Shekel-dollar ASAP Creative Shekel gains continue, bucking global trend against dollar

Bank Leumi: The end of the war would be expected to lead to a strengthening of the shekel but part of the risk premium has already begun to decline and the markets are pricing in the improvement in the security situation.

El Al aircraft credit: PR El Al says perception of fare hikes exaggerated

Justifying its record results, the Israeli airline says it has capped maximum fares but as a result all seats are sold out until the end of the year.

Mizrahi Tefahot Mizrahi Tefahot Q3 profit jumps 30%

The bank reported the highest return of equity of any Israeli bank that has reported in the third quarter to date.

Impression of new SolarEdge campus at Glilot credit:  Gilad Lan SolarEdge to sublet part of new campus to ease crisis

The solar energy company is seeking tenants for its new campus in Glilot, which it has leased from Azrieli.

Wix CEO Avishai abrahami credit: Alan Tzatzkin Wix soars on strong Q3 results, raises guidance

Wix's share price, up 50% since the start of 2024, is over 13% higher today after the company reported strong revenue and profit growth.

SaverOne   credit: Itzik Biran SaverOne loses over 99% of flotation value

The driving safety system developer claims a huge potential market, but has so far posted meager revenue and large losses.

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