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MARKET

USD/NIS
3.4840
-0.4000%
EUR/NIS
3.9984
-0.6400%
EUR/USD
3.9907
-0.07%
Eric Bentov credit: PR Arieli Group submits offer to acquire Spacecom

Arieli Group, owned by Eric Bentov and Evan Renov, is offering to inject $18 million into Spacecom’s coffers in exchange for 82% of the company’s shares.

Maor Shlomo credit: courtesy Maor Shlomo Wix acquires Israeli vibe coding co Base44

Wix will pay $80 million and milestone payments for a company, which only has six employees and has not raised any money.

IBI CEO Dave Lubetzky credit: Morag Bitan IBI CEO: Investors sitting at home responsible for TASE rises

Dave Lubetzky says Israelis are sitting in their safe spaces and opening private accounts to trade on the TASE, and he recommends the type of portfolio to build.

Sonol gas station credit: Tali Bogdanovsky Sonol warns on fuel supply disruptions

The Israeli energy company says it may not be able to supply products following the damage caused by an Iranian missile to the Bazan oil refinery.

Zvi Stepak  credit: Eyal Izhar Zvi Stepak: All factors point to home price falls

The Meitav Investment House founder and director is suspicious of the recent surge on the Tel Aviv Stock Exchange, and wary of a prolonged conflict with Iran.

Shekel credit: Shutterstock Vladirina 32 Despite war shekel strengthening sharply

Even after the latest strong gains, the shekel-dollar exchange rate has depreciated over the past week.

Profit Financial Services co-founder and joint CEO Asaf Banai  credit:  Inbal Marmari "Savers won't stick with the S&P 500"

Profit Financial Services co-founder Asaf Banai advocates rational financial decisions, and comes out swinging against bank deposits. Part 1 of the “Globes” Financial Growth Track series, presented in collaboration with Profit.

TASE EVP Yaniv Pagot credit: Nick Westphal TASE EVP explains why stock market is rising

As the Tel Aviv Stock Exchange unexpectedly gains, Yaniv Pagot tells "Globes" why investors see favorable conditions ahead.

El Al  credit: Dani Sadeh Even El Al hit by latest escalation

So far the war has benefited the Israeli airline with foreign carriers staying away, but the latest escalation means Israel's skies could be closed for some time.

Israel Air Force aircraft readying for strike on Iran   credit: IDF Spokesperson Israeli, US weapons prove themselves in Iran strikes

Penetration bombs from Elbit Systems and Lockheed Martin F-35s have performed impressively, while Jordan has assisted in intercepting Iranian threats.

Bazan refineries Haifa Bay credit: Shlomi Yosef Gas flow from Leviathan and Karish halted, Bazan pipeline hit

Israel Natural Gas Lines Company says Minister of Energy and Infrastructure Eli Cohen has ordered a temporary halt to the flow of natural gas from the Karish and Leviathan offshore gas fields.

Tel Aviv Stock Exchange credit: Shutterstock TASE: Early falls moderate; Elbit surges

The banking and insurance sectors were initially down sharply, but have recovered most of the losses.

Shekel versus dollar  credit: Shutterstock "Iran strike could boost markets long term"

Reports of imminent war with Iran have weakened the shekel and lifted the oil price, but Bank Hapoalim strategist Modi Shafrir says the long-term effect depends on the result of an attack.

Strauss Elite coffee products  credit: Tali Bogdanovsky Strauss Group again hikes coffee, chocolate prices

The rises comes just six months after the company's last price hike. Strauss Group: Raw material prices have risen by up to 49%.

Phishing messages  credit: Shutterstock Phishing attacks flood financial services industry

Impersonation of banks and credit card companies to defraud customers is on the rise, but there is no national strategy to combat it.

Wix Campus credit: Eyal Izhar Fiverr leases space on Wix campus

The Israeli freelancer platform is moving out of central Tel Aviv to offices in Glilot.

Shekel depreciates credit: Tali Bogdanovsky Shekel weakens and TASE falls sharply amid Iran attack jitters

As US President Donald Trump admits talks with Iran have stalled, the markets see a possible attack on Iran in the coming days.

Shape AI founders Daniel Eisenberg, Eden Gaon and Ariel Schon credit: Leah Schon Cyera acquires Israeli startup Shape AI

Shape AI's investors include Wiz CEO Assaf Rappaport and former Hippo CEO Assaf Wand, through the Mensch Fund.

Dikla Czaczkes Akselbrad  credit: Yossi Lazarov PolyPid reports positive phase 3 surgical infection drug trial

The Israeli company's treatment is a delayed-release antibiotic administered in the area where the patient has undergone surgery.

Minister of Finance Bezalel Smotrich  credit: Noam Moskowitz, Knesset Spokesperson's Office "Smotrich threats could sever Israel from global banking system"

Experts warn of possible dire consequences if the finance minister carries out his threats against the banks over sanctioned customers.

Yigal Dimri  credit: Eyal Fisher Yigal Dimri: Keep Palestinians out of Israel's building industry

The controlling shareholder of Israel's largest listed construction company said it stopped employing Palestinians after discovering sabotage on its sites.

CyberArk CEO Matt Cohen and founder and executive chairman  Ehud Mokady  credit: PR CyberArk higher after raising $1.1b convertible bond

At the end of the first quarter, the cybersecurity company had $776 million in cash, and no debt.

Yoni Assia CEO eToro Credit: PR eToro up 32% since mid-May IPO

On Friday, the Israeli online trading platform's share price rose 9.8% and closed at a record high of $68.70, giving a market cap of $5.75 billion.

Qualcomm's Israel offices  credit: PR Qualcomm buys Israel's Autotalks for under $100m

A previous deal between the two companies, at a much higher price, ran into regulatory difficulties in the US.

Bank of Israel Governor Prof. Amir Yaron  credit: Eyal Izhar, Tali Bogdansky BoI: Banks can refuse service to sanctioned customers

The Banking Supervision Department has issued draft guidelines on how to deal with the risks arising from sanctions on customers imposed by foreign countries.

Robert Antika  credit: PR Ohad Romano Playtika to lay off 100 employees

The layoffs at the mobile games developer will include about 50 employees in Israel and a similar number in offices around the world.

REE CEO and cofounder Daniel Barel REE to lay off half of workforce

At the end of 2024, the Israeli auto-tech company had 211 employees including 92 in Israel.

Avishai Abrahami  credit: Alan Tzatzkin Cantor sees Wix as acquisition target

Cantor cites the Israeli company's attractive products, compelling financials and reasonable pricing.

Elbit Systems tank turret systems credit: Elbit Systems Morocco mulls buying Elbit Systems turrets - report

Elbit is the leading candidate to supply Morocco with 105mm and 120mm turrets for the armored personnel carriers it has procured from the Indian Tata Corporation, India's "IDRW" website reports.

Richard Francis  credit: Elad Malka Teva gives aggressive guidance for innovative drugs

The company sees revenue from its leading products doubling to $5 billion by 2030.

Shufersal owners Yossi and Shlomi Amir  credit: Jonathan Bloom Streamlining boosts Shufersal profit 77% despite lower revenue

Shufersal revenue in the first quarter was NIS 3.53 billion, down 7% from NIS 3.79 billion in the corresponding quarter of 2024.

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