Globes Nachrichten

 

In a third revision, the Ministry of Finance now sees Israel's economy growing by 4% this year, although this is still well below its forecast before hostilities began with Iran and Hezbollah....

The investment, over three years, will be via the companies' joint venture Rafael Development Corporation. It has yet to be approved by the Rafael board....

The houses will likely be replaced by five to six-floor apartment buildings....

The former minister of finance agreed a plea bargain for securities offenses when he was chairman of non-bank finance company UnetCredit....

The fall in price is due to the strengthening of the shekel and lower prices on international markets....

A selection of recent real estate deals in Israel including in Tel Aviv, Holon, Yehud, Ashdod, Nahariya and Beersheva....

The 40,000 square meter building was originally planned for Benny Landa’s ill-fated printing company....

The main indices fell today as the insurance and banking sectors weakened, but defense companies Elbit Systems and Next Vision stood out positively....

YH Dimri sold just nine units in the project in the first quarter, of which four were bought by Dimri family members....

The Israeli technology company will cut 10% of its workforce worldwide including hundreds in Israel, “Globes has learned.”...

In confirming that the company is laying off 20% of employees, Avishai Abrahami wrote, “A very meaningful portion of our costs are shekel-denominated, while our revenue is largely dollar-denominated.”...

As the shekel continues to strengthen, “Globes” outlines five scenarios that could weaken the Israeli currency....

A new law to be enacted by Turkey next month could thwart the huge underwater power cable project by annexing economic waters claimed by Greece....

The Tel Aviv-Yafo Municipality has decided not to oppose the cancellation of rights restrictions by the District Committee in the building plan for the city center....

A bill, described by opponents as draconian, will if enacted require tech unit veterans to pay tax in Israel for 10 years, even if working abroad, and domicile companies they found in Israel....

The Jerusalem-based company will make cuts as part of a broader restructuring of operations, but it is currently unclear what the final number of layoffs will be, “Globes” has learned....

MarkForged, which provides end-to-end Fused Filament Fabrication (FFF) solutions, had revenue of $70 million in 2025, although one of its production lines will remain owned by Nano Dimension....

The third pipeline has increased annual gas production capacity from 12 BCM to 15.8 BCM, well above the 14 BCM, which was forecast, Leviathan partners report....

Airis Labs turns unstructured visual data from smartphones, social media, digital forensics, security and body cameras, and drones into machine-readable intelligence....

Avshalom Abrahami apologized that employees learned about the planned changes from the media rather than the company....