Why Israel's stock market is ignoring economic forecasts
Profit Finance deputy CEO Amir Kahanovitz: We’re seeing the market repeating the way it has been in past security events. The metrics of the Israeli economy present a picture that seems incongruous with the uncertainty created by security events.
SAP Israel head: If there’s value, deals happen despite war
At the Globes' Israel Business Conference, Orna Kleinmann presented SAP’s vision of artificial intelligence for business. Speaking at the Globes Israel Business Conference, Orna Kleinmann, Managing Director SAP Labs Israel and SVP Technology & Innovation, SAP Cloud Platform Foundation, commented on the challenges posed by the war to international high-tech companies in Israel. "60% of high ...
eToro aims at $5b IPO valuation - Globes
In March this year, it was reported that eToro was gearing up for a flotation, after it raised money at a valuation of $3.5 billion in 2023. The revised valuation is based on an expected rise in profits.
Israeli tech M&A deals reach new peak - report - Globes
On the other hand, the venture capital sector in Israel is undergoing significant change. The number of new funds fell by 35% (from 40 in 2023 to 26 in 2024), but the average amount of capital raised per fund rose sharply from $125 million to $202 million.
Globes - Israel Business News
Business news and analysis from Israeli financial daily “Globes”, covering the economy, finance, information technology, healthcare, defense, real estate, and more, updated throughout Israel's working week.
StepStone partner: Israeli economy resilient and robust
Darren Friedman, a partner at alternative investment firm StepStone says the traffic jams in Tel Aviv show that it is business as usual here. Darren Friedman, a partner at alternative investment firm StepStone focuses his investment portfolio on technology, healthcare, and infrastructure sectors in the US.
No lower Israel-US airfares on the horizon - Globes
Plans by Israeli tech leaders to charter planes and crews for flights to the US have not yet moved forward, while Israir and Arkia look unlikely to launch flights to New York any time soon.
Iron Beam - world's most powerful laser defense system
2024年10月29日 · The Iron Beam project received a significant boost with the signing of a NIS 2 billion deal by Ministry of Defense director general General (res.) Eyal Zamir to expand serial production of the laser interception system.
Foreign airlines stay away amid local squabbles - Globes
Obstacle 1: Exemption from paying compensation for flight cancelations. Several foreign and Israeli airlines are demanding temporary relief from the "Tibi Law," which was promoted by MK Ahmed Tibi and grants passengers the right to compensation for delayed, postponed and canceled flights.
Jump in Defense Ministry orders from Israeli startups - Globes
In the first year of the war, the Ministry of Defense placed orders worth NIS 601 million with 86 startups and small companies - five times more than in the previous year.