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Proximity to Tel Aviv Red Line pushes up housing prices A study commissioned by NTA has found that real estate along the Red Line has risen well above the overall average rise in prices. Armis buys Otorio in $120m deal Terminal 1 to reopen in last week of March Israel's forex reserves jumped in February Orbit wins Euro
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News
Israeli AI security co Alice raises $140m
2+ week, 4+ day ago (544+ words) Israeli AI trust, safety, and security company Alice today announced the completion of a $140 million financing round led by Apax Digital, with participation from new and existing investors including Samsung, SentinelOne, Maj Invest, MoreTech, Phoenix Insurance, Norwest, CRV, Vintage, Grove…...
Enav?s Agron Tower approved for Jerusalem?s Paris Square
3+ week, 2+ day ago (177+ words) The plan includes a 30-floor tower with 110 residential units, 114 hotel rooms, two commercial floors and a floor that will include public facilities, and will replace "Beit Amir," which was designed by architect David Resnick in the 1960s. The new tower was…...
Israeli AI agents co Wonderful raises $550m at $5.5b valuation
1+ week, 3+ day ago (159+ words) As first revealed by "Globes," Israeli AI agents company Wonderful has raised a $550 million financing round at a valuation of $5 billion led by Insight Partners, with participation from Salesforce, and existing investors Bessemer Venture Partners, Index Ventures, Vine Ventures, IVP…...
Globes - Israel Business News
3+ week, 4+ day ago (502+ words) Banking on the artificial intelligence (AI) boom, Micron Technology MU, led by Sanjay Mehrotra, has significantly outperformed Wall Street darling NVIDIA Corporation NVDA this year, gaining 253.9% compared with NVDA’s 20.7%. Let’s examine their recent performances and assess whether Micron offers a…...
Tue: TASE September rally ends
4+ day, 18+ hour ago (252+ words) The Tel Aviv Stock Exchange fell today, ending five straight days of gains. The Tel Aviv 35 Index fell 0.81% to 4,276.77 points, the Tel Aviv 125 Index fell 0.96% to 4,189.31 points; and the BlueTech Global Index fell 0.64% to 648.40 points. The TelBond 60 corporate bond index…...
Luxembourg blocks Israel Bonds in EU
2+ week, 5+ day ago (418+ words) From September 1, Luxembourg will no longer approve sale of Israel Bonds, and it remains unclear if Israel will be able to continue issuing them in the EU. Luxembourg's announcement is an embarrassment for Israel, as the country was only chosen…...
Israir to launch Tel Aviv-New York flights next week
5+ day, 22+ hour ago (216+ words) One-way fares start at $800 and $1,600 for the round trip. During the holidays fares will range between $800-900 one-way. At least for now, it seems that the extra supply won’t cover the already high demand, and fares are not falling. In August,…...
Tel Aviv Stock Exchange again outperforms in 5786
2+ day, 17+ hour ago (487+ words) The Tel Aviv Stock Exchange (TASE) has come to the end of another strong year in the Jewish calendar, with returns placing it ahead of most stock exchanges around the world despite geopolitical and security challenges, headed by the war…...
Bank of Israel Governor sees inflation rising
3+ week, 4+ day ago (416+ words) While annual inflation fell to only 1.5% in July, Yaron does not see this low level remaining for long. He said, "I expect it to accelerate to 2% in the coming months" - the middle level of the government’s annual inflation target. Published…...
Fast growing Haifa airport beats Ben Gurion airport chaos
2+ week, 5+ day ago (504+ words) Last Thursday Israel-bound passengers at airports in Cyprus and Greece were separated into two groups. The vast majority were forced to wait long hours for their flights due to the disruptions at Ben Gurion Airport, while a minority were whisked…...