Newsroom
Globes
Hebrew business daily covering markets, companies and the economy. We translate its reports into English and compare them with 43 other newsrooms.
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Language and baseHebrew · Rishon LeZionFounded 1983
The last 30 days
833reports translated
75%first to report
140 mintypical time behind the first report
100%carry a named author
0%opinion and analysis
Why not a score? These are rates we can recompute. A single number would hide whether a newsroom is slow, unnamed, or mostly reprints. How we measure
How Globes writes
Globes's tone this month is neutral. On the United States, Netanyahu, the Bank of Israel, the police and the Knesset its wording is in step with the other newsrooms.
From 796 reports this month, judged without the newsroom's name. How this is measuredOnly Globes had it
European Aviation Grapples With Bomb Threats Amid Security WeaknessesSecurity · 1h agoIsrael's Shared Taxi Service Collapses Amid Failed ReformSecurity · 3h agoSamsung's Galaxy Tab S12 Ultra: A Powerful Tablet That Questions Its Own ValueTech · 4h agoBig stories Globes skipped
Israel Strikes Hamas Commander at Gaza Hospital, Cites Hostage DetentionCovered by 21 newsroomsIsrael's Attorney General Ordered to Appear in Netanyahu TrialCovered by 20 newsroomsFrance Bars Israeli Settler Leader Yossi Dagan Over West Bank ActivityCovered by 19 newsroomsLatest from Globes
Security · 1h agoEuropean Aviation Grapples With Bomb Threats Amid Security WeaknessesDozens of European flights have been disrupted by anonymous bomb threats, leading to unscheduled landings and fighter jet escorts, though no explosives have been found. Experts like Eitan Ben-David suggest these incidents expose potential weaknesses in European aviation security compared to stricter Israeli protocols. Speculation on the perpetrators includes state actors like Russia or Iran, as well as copycat individuals, with significant financial costs incurred from the disruptions.Security · 3h agoIsrael's Shared Taxi Service Collapses Amid Failed ReformShared taxis, once a common sight in Israel's urban centers, have nearly vanished due to a failed government reform. A 2024 report shows a 93% decline in their numbers between 2017 and 2023. The reform, launched in 2018 with the goal of increasing shared taxis to 2,500, instead led to operational and financial difficulties for providers. Critics blame the tender system for prioritizing low prices over sustainable operations, leading to significant losses for remaining operators and a reduction in public transport flexibility.Tech · 4h agoSamsung's Galaxy Tab S12 Ultra: A Powerful Tablet That Questions Its Own ValueSamsung's Galaxy Tab S12 Ultra, priced at approximately 4,200 shekels, offers a powerful MediaTek Dimensity 9500 processor and a 14.6-inch AMOLED display, but its single USB-C port and high cost raise questions about its value compared to laptops. The tablet provides a full day of battery life and includes the productive DeX mode and S-Pen stylus. Its main competitor is Apple's iPad Pro, with similar pricing and features.Culture · 6h agoGoldfish Memory Myth Debunked by Science and Student ExperimentsThe popular belief that goldfish have only a three-second memory is a myth, with scientific experiments and academic studies showing they can remember for weeks or months. A 2008 experiment by student Rory Stokes demonstrated this, as did research from the University of Plymouth and Ben-Gurion University. The myth may have originated from poor living conditions historically imposed on goldfish, which are now being addressed by animal welfare regulations.Economy · 8h agoBat Yam Apartment Sold at a Loss Amidst Market ShiftA 2.5-room apartment in Bat Yam was sold for 1.62 million shekels, a loss for the sellers who bought it for 1.66 million in 2022. The sellers recognized market conditions and accepted a lower offer to upgrade their own home. The buyers are a young couple investing in the property, which is part of a building undergoing urban renewal. A local real estate agent noted a market recovery in Bat Yam with increased interest from local and international investors.Security · 8h agoMossad Chief Traveled to US Unbeknownst to Key Israeli OfficialMossad Chief Roman Gofman traveled to the United States without informing Gadi Eisenkot, the Chairman of Yisrael Beiteinu. Eisenkot had met with Prime Minister Benjamin Netanyahu for a security briefing just before Gofman's departure. The article does not specify the reason for Gofman's trip or the details of the security meeting.Security · 9h agoIsrael's Emergency Protocol for Hijacked Planes DetailedIsrael has a detailed emergency protocol, "Code 7500," for hijacked aircraft, involving immediate fighter jet scrambles and complex decision-making processes. Enhanced security measures were implemented after 9/11, and current threats are taken seriously despite many being false alarms. The protocol emphasizes rapid response due to the short time available, with the ultimate fear being the accidental downing of a civilian airliner.Culture · 21h agoHumility in Leadership: Research Suggests Modest Managers Foster Better TeamsNew research suggests that humility is a crucial trait for effective leadership, fostering trust, creativity, and team satisfaction. Dr. Michal Lehmann's work, alongside other researchers, redefines humility as a realistic self-assessment and openness to others, rather than a lack of confidence. While measuring humility is complex, studies show it correlates with positive team dynamics and can even enhance empathic accuracy and resilience. The practice of humility is situational and can be cultivated through techniques like deep listening and adopting a broader perspective.Economy · 1d agoBezeq Seeks to Grant $10 Million in Stock Options to Two Senior ExecutivesBezeq is seeking shareholder approval to grant stock options worth approximately NIS 10 million to Chairman Tomer Ra'abad and CEO Nir David. The options will vest over three years, with exercise prices set based on market conditions. The company cited the executives' contributions to strategic initiatives and business success as justification for the proposed grants. Shareholders will vote on the proposal on December 21.Economy · 1d ago · also in 5 newsroomsArkia Employees Seek New Investor to Block Sale DealArkia's employees are attempting to find a new investor to submit a competing bid for the airline before a Monday deadline, aiming to protect their stake. The current deal, signed by the Nakash brothers with a group led by Kidyan Dahari and Yaron Adib, involves a $45 million capital injection but faces challenges due to Arkia's projected significant losses. The employees' union is negotiating with potential investors to secure their future and share in the company.Economy · 1d agoNew Tax Law Crushes Small Commercial Real Estate InvestorsA new Israeli tax law, the "trapped profits" law, is severely impacting small and medium-sized commercial real estate investors. The law forces companies to pay annual taxes on undistributed profits or distribute dividends, significantly reducing net returns to below 3%. This is causing financial hardship, eroding equity for developers with bank loans, and is expected to lead to market consolidation favoring large corporations.Economy · 1d ago · also in 2 newsroomsUnassuming Investors Poised to Acquire Arkia AirlineA group of Israeli businessmen, including Yariv Lerner, Yaron Adib, Kidyan Dahari, and Einav Adib-Berrer, are reportedly set to acquire the airline Arkia. While not known for aviation experience, the investors have a strong track record in revitalizing distressed companies. Lerner has led turnarounds at Wecom and Negev Ceramics, while Adib and Dahari have successfully managed real estate ventures. Adib-Berrer has a history of entrepreneurial success, including founding a diaper company and a private medical center.Economy · 1d agoIsraeli Investors Buy Nvidia Stock Amid CEO's Departure and Spy AllegationsIsraeli retail investors aggressively bought Nvidia stock on Thursday, viewing a 4.3% price drop as a buying opportunity, despite allegations surrounding founder Jensen Huang. One-third of trades at investment house IBI involved Nvidia, with 85% being buy orders, signaling optimism for recovery. This contrasts with some Wall Street analysts who have downgraded the stock, though most maintain positive ratings.Economy · 1d agoTenant Representative Body Exceeded Authority in Choosing Lawyer, DeveloperThe Urban Renewal Authority ruled that a tenant representative body in Ra'anana exceeded its authority by selecting a lawyer, managing the developer selection, and appointing an appraiser without explicit owner consent. Superintendent Naama Urbach Fox stated that a representative body acts only as a coordinator and cannot make substantive decisions or choose professionals without proper authorization. The ruling also clarified that retroactive owner approval does not legitimize actions taken without proper authority at the time.General · 1d agoPenthouse Owner Can Expand Upward Without Giving Up Yard AccessA Tel Aviv District Court ruled that a penthouse owner can expand their apartment onto the roof without giving up their right to use the building's yard. The court overturned a lower ruling that conditioned the expansion on granting exclusive yard use to ground-floor neighbors. The decision clarifies that apartment expansion requires 75% owner consent and that neighbors are not entitled to exclusive use of common areas like yards or roofs.Economy · 1d agoIsrael Launches New Housing Tender in Arab Towns After Past FailuresIsrael has issued new tenders for 870 subsidized housing units in Kafr Qasim, Jaljulia, and Kafr Bara, following multiple past failures to attract developers. Previous tenders for over 2,100 units in these towns since May 2023 received no bids. Experts cite competition and market mismatches as reasons for the failures, exacerbated by current economic conditions and the ongoing war.Economy · 1d agoSkoda's New Electric Crossover Aims for Practicality Amidst Market ChallengesSkoda has launched its new electric crossover, the Elroq, in Israel, aiming for practicality in a shrinking EV market dominated by Chinese brands. Priced from 183,000 shekels, the Elroq offers a conservative design, comfortable interior, and a 400 km real-world range, but faces stiff competition from more affordable and better-equipped Chinese models. The vehicle is positioned as a sensible choice for consumers wary of Chinese EVs or prioritizing function over size.Economy · 1d agoNvidia's Impact Drives Israeli Economic Growth FiguresIsrael's economic growth figures are heavily influenced by Nvidia's activities, particularly through its acquisition of Mellanox. Without Nvidia's contribution, the country's GDP growth would be significantly lower, impacting policy decisions and international forecasts. For instance, growth was 3.5% last year, but only 2.1% without Nvidia. This reliance has led to concerns regarding potential impacts from recent developments at the tech giant.Economy · 1d agoTel Aviv Stock Exchange Opens Amid Global Uncertainty and Tech Sector VolatilityThe Tel Aviv Stock Exchange is opening amidst global uncertainty, including developments at Nvidia, a potential Tesla-SpaceX merger, and geopolitical tensions. Investors are reacting to Wall Street's volatility and rising U.S. Treasury yields. Dual-listed stocks offer slight support, while individual stocks like Next Vision and Delta Galil showed positive movement yesterday. Asian markets are mixed, and the Japanese yen is weakening against the dollar. U.S. futures point to a negative opening, following yesterday's declines on Wall Street.Economy · 1d ago · also in 1 newsroomNvidia Employees in Israel Fear Stock Option Losses Amid CEO ScandalNvidia employees in Israel are facing significant financial losses and anxiety as the company's stock plummets following revelations about CEO Jensen Huang's personal conduct. Huang admitted to extramarital affairs, leading to a stock drop of approximately 12% this week and 30% since October. Many of the 6,000 Israeli workers, who have benefited greatly from equity compensation, are now seeing hundreds of thousands, or even millions, of dollars in paper losses.Security · 1d agoIsraeli Supreme Court Orders Cyber Firm Founder to Pay $4.7 Million for FraudIsrael's Supreme Court has ordered Tsiki Korland Fox, founder of the cyber company Bio-Nexus, to pay 17.3 million shekels to Czech investment firm Springtide Ventures for fraud. The court found Fox misrepresented Bio-Nexus's financial status, leading Springtide to invest millions based on fictitious reports. The ruling also established a precedent regarding third-party liability in breaches of trust and clarified conditions for mitigating damages. Fox was also ordered to pay 35,000 shekels in legal costs.Economy · 1d agoIsraeli Retailer Osher Ad Masters Consumer Frenzy with Squishy Toy BundlesIsraeli supermarket Osher Ad is experiencing a surge in demand for squishy toys resembling popular brands, with a pricing strategy that limits purchases by increasing the cost of additional units. Meanwhile, a senior Israeli Tax Authority official, Nili Ben Tovim, defended a proposed new tax on flights, sparking a debate about its potential impact on consumers and industries.Economy · 1d agoChinese Car Importers Signal End to Price Wars with 2027 IncreasesChinese car importers have notified Israeli leasing companies of price increases set to begin in early 2027. This shift is driven by China's decision to reduce VAT rebates on electric and hybrid vehicle exports starting April 1, 2027. The move aims to curb aggressive pricing and establish higher export bases, impacting more affordable Chinese models significantly. Despite the policy change, substantial existing inventories in Israel may delay the full effect of price hikes until later in 2027.Economy · 1d agoMizrahi Tefahot Bank Ad Dominates Recall RankingsMizrahi Tefahot Bank's new advertising campaign, featuring actresses Gia Beer Gurvitz and Dvir Bendek, has topped the weekly recall rankings. The ad promotes the bank's offer to fund children's activities up to NIS 1,000 annually. "Insurance 9" starring Oudi Kagen remained the most popular ad for a second week. Total advertising investment rose to NIS 91 million this week, with Cal and One Zero leading spending.Culture · 1d agoPizza Night Team Opens New Bistro on Tel Aviv's Shenkin StreetChef Ran Blefer and his partners have opened a new bistro, "Laila Shenkin," on Tel Aviv's Shenkin Street, expanding from their successful "Pizza Night" on Levinsky Market. The bistro offers a broader menu beyond pizza, inspired by neighborhood eateries. The team aims to provide a welcoming atmosphere with accessible prices and a focus on fresh ingredients, utilizing their signature stone oven for a variety of dishes. The new establishment is intended to fill a culinary void on Shenkin Street, offering a more diverse dining experience.Security · 1d ago · also in 9 newsroomsElection Influence Probe Lacks Substantive Evidence, Says Top JudgeSupreme Court Justice Noam Sohlberg, head of the Central Elections Committee, stated that the probe into election influence suspicions currently lacks substantial evidence. He criticized leaks from the investigation, calling them damaging. Sohlberg confirmed ongoing cooperation between the Shin Bet, police, and legal counsel, despite earlier reports of refusal. The Attorney General also clarified that investigations require evidentiary justification.Economy · 1d ago · also in 2 newsroomsNew Arkia Owners Face Labor Dispute and Deep Financial WoesThe Nakash family is selling its controlling stake in Arkia airline for an estimated NIS 40-50 million to a group led by Kidyan Dahari and Yaron Adib. The new owners face an immediate labor dispute declared by the Transport Workers Union and deep financial losses, projected at $50-60 million for the year. An aviation expert believes the investors will stabilize the company short-term but warns of long-term challenges in achieving profitability and improving service quality, noting the buyers' lack of industry experience.Security · 1d agoWolt CEO Responds to Safety Complaints, Vows to Remove ViolatorsWolt Israel CEO Tomer Cohen addressed a complaint from the National Road Safety Authority (RSA) regarding courier traffic violations. The RSA requested an investigation and closure of Wolt's operations, citing persistent safety issues and lack of a proper action plan. Cohen stated Wolt dismisses dozens of couriers monthly for offenses and is using AI to identify problematic couriers, while also accusing the RSA of a PR campaign.Tech · 2d ago · also in 7 newsroomsNvidia's Interim CEO Colette Kress Discusses AI Future and IsraelColette Kress has been appointed interim CEO of Nvidia after Jensen Huang's resignation. Kress, Nvidia's CFO, emphasized the importance of the Chinese market and praised the company's Israeli development centers. She highlighted the strategic acquisition of Mellanox and Huang's foresight in leveraging GPUs for AI. Kress believes the AI revolution is still in its early stages, with significant future advancements expected.Economy · 2d agoAonix Reports Strong Revenue Growth Fueled by Israeli Acquisitions, Despite Net LossAmerican defense firm Aonix reported third-quarter revenues of $167 million, exceeding analyst expectations due to acquisitions in Israel. Despite revenue growth, the company posted a net loss of $62.6 million. Aonix projects significant revenue increases for 2026 and 2027, aiming for positive EBITDA by Q3 2027. The company has appointed former Mossad chief David Barnea to a senior role.Economy · 2d ago · also in 10 newsroomsNakash Family Sells Control of Arkia Airlines for $45 MillionThe Nakash family is selling its controlling stake in Arkia Airlines for $45 million to a new group of investors including Kidon Dahari, Yaron Adib, Yariv Lerner, and Einav Adib-Berrer. The deal includes a $30 million investment from the buyers, $8.5 million from the Nakash brothers, and $7.8 million from the state. Arkia has incurred significant losses due to rising fuel costs, and the airline's employees are currently opposing the sale. The new owners aim to stabilize the company and improve its operations.Politics · 2d ago · also in 4 newsroomsTrump Reassigns Vance From Iran Diplomacy to Domestic Corruption ProbePresident Donald Trump has redirected Vice President J.D. Vance from Iran diplomacy to investigate corruption in Democrat-led U.S. states, stating the U.S. no longer requires a deal with Iran. This move follows reports of Vance exploring a meeting with a senior Iranian official to end the war. The decision reveals internal administration divisions on Iran policy, potentially empowering more hawkish voices and impacting Israel's interests.Security · 2d ago · also in 4 newsroomsIsrael Court Orders Defamation Defendants to Pay Raviv Drucker Additional NIS 60,000An Israeli court has ordered Yaakov Bardugo, Noam Fathi, Yotam Zimri, and two radio stations to pay journalist Raviv Drucker an additional NIS 60,000 in defamation damages, bringing the total to NIS 285,000. The ruling stems from broadcasts accusing Drucker of extortion related to Beni Gantz. The court rejected appeals from the defendants and partially accepted Drucker's cross-appeal for higher compensation. Bardugo and the radio stations were found liable for attributing extortion to Drucker, while Fathi and Zimri were also found to have defamed him.Politics · 2d ago · also in 5 newsroomsNetanyahu Trial Judges Order Attorney General to Appear for HearingJudges in Prime Minister Benjamin Netanyahu's trial have ordered Attorney General Gali Baharav-Miara to attend a hearing on November 18th, despite her objections. The court seeks direct dialogue to discuss case management, particularly regarding bribery charges in Case 4000, where judges have expressed doubts. The defense had requested Baharav-Miara's appearance following testimony from the former Attorney General. The prosecution argued against her personal attendance, stating their team is authorized to represent the office.Economy · 2d ago · also in 8 newsroomsArkiea Workers Declare Labor Dispute Amidst Sale UncertaintyThe Transport Workers Union declared a labor dispute at Arkiea airline due to unilateral actions by owners, including job cuts and route cancellations, raising fears of insolvency. The union criticized the owners for not advancing a potential sale, stating employees are not bargaining chips. The union vowed to prevent workers from being held hostage in ownership disputes.Security · 2d agoBank Leumi CEO Calls for High Costs for Frivolous LawsuitsHanan Friedman, CEO of Bank Leumi, called for high costs to be imposed on those filing frivolous lawsuits, following a court's rejection of a representative suit against Shufersal and McDonald's. The court ruled that sending digital invoices with limited promotional content does not necessarily violate the "Spam Law." The judge dismissed the case, citing that other regulatory mechanisms exist and the representative lawsuit tool is not needed for deterrence, ordering the plaintiff to pay NIS 30,000 in costs.Economy · 2d agoTax Authority Official Sparks Debate Over Proposed Flight TaxNili Ben-Tovim, a senior official at the Israel Tax Authority, defended a proposed tax on flights, sparking widespread debate online. The proposed tax, intended to address environmental and noise pollution, could add up to NIS 100,000 per flight, translating to an estimated NIS 12-274 per passenger. Critics argued the tax would harm the economy and tourism, while Ben-Tovim explained it addresses un-taxed environmental externalities. She also shared data indicating the tax burden falls heavily on the wealthiest Israelis, prompting further discussion on retaining high earners.Security · 2d agoUS States Threaten Netherlands Over Settlement BoycottThirteen U.S. states are threatening the Netherlands with trade repercussions if it does not end its boycott on goods from Israeli settlements. The warning comes as new details emerge about an Iranian terror plot in the UK, allegedly directed from a U.S. jail cell. In other news, Turkish President Recep Tayyip Erdogan accused Israel of "ecocide" in Gaza, an accusation Israel's Foreign Ministry called a "false international campaign."Economy · 2d ago · also in 1 newsroomTaiwan Eyes Israeli Public Transport Market Amidst Chinese InfluenceTaiwan's Deputy Minister of Foreign Affairs, François Wu, expressed interest in entering Israel's public transportation market, potentially challenging China's significant existing role. Taiwan offers advanced public transport experience, including high-speed rail and metro systems, and its companies are active in providing technological solutions. This move comes amidst increasing U.S. pressure against Chinese involvement in Israeli infrastructure projects. Taiwan's potential entry is seen as a visible sign of strengthening ties between Taiwan and Israel.Tech · 2d agoNvidia CEO Jensen Huang Lacks Apparent Successor, Author WarnsAuthor Tai Kim warns that Nvidia faces succession problems due to CEO Jensen Huang's intense involvement and lack of a designated heir. Kim's book, "The Nvidia Way," details Huang's centralized management style and strategic decisions, including the pivot to AI and the Mellanox acquisition. The company culture is demanding but loyal, with employees motivated by success and financial rewards. The article questions Nvidia's future without its deeply ingrained CEO.Economy · 2d agoTel Aviv New Apartment Sales Plummet 60%, Haifa Leads MarketNew apartment sales in Tel Aviv plunged 60% in Q3 2026, leading to a 5% rise in unsold inventory. Haifa unexpectedly took the top spot in total property transactions for the first time, driven by new construction and a strong second-hand market. Nationwide sales fell 6% in the quarter, with subsidized housing making up a significant portion of new sales, indicating market stagnation.Economy · 2d agoHachshara Insurance Confirms Entry Into Provident Funds MarketHachshara Insurance confirmed its intention to enter the provident funds market, with its subsidiary applying for a license from the Capital Markets Authority. The company, owned by Eli Elezra and managed by Shimon Miron, aims to manage NIS 50 billion in assets within four years. This move marks the first significant new entrant into the market in years, as the sector's assets have grown to NIS 1.1 trillion.Economy · 2d agoDollar Strengthens Against Shekel Due to Global Uncertainty and Bank of Israel Policy ShiftThe US dollar has strengthened against the Israeli shekel, reaching near 3.2 shekels per dollar, driven by global uncertainty and a policy shift by the Bank of Israel. The central bank's decision to cut interest rates and purchase foreign currency, alongside global rate hikes, has weakened the shekel. The dollar's safe-haven status is also a major factor. Hedging costs have quadrupled, impacting investor behavior, with expectations pointing to a continued weaker shekel in the low 3s.Economy · 2d ago · also in 1 newsroomCal CEO Seeks Extension for Discount Bank's Share SaleCal CEO Yafit Grani met with Ministry of Finance Director General Israel Meilach to request an extension for Discount Bank's sale of its 72% stake in Cal. The original deal with Union-Harel collapsed due to regulatory issues, and the bank has struggled to secure approval. Concerns remain about Cal's valuation and the political climate, complicating the sale process.Economy · 2d agoNvidia Stock Plunge Hits Israeli Institutional Investors HardNvidia's stock has plummeted 32.5% from its peak due to reports concerning CEO Jensen Huang, impacting global markets. Israeli institutional investors, including Menora Mivtachim and Harel Investments, face significant paper losses totaling hundreds of millions of dollars. Despite the downturn, some firms like Harel and Phoenix increased their Nvidia holdings in the third quarter.Economy · 2d agoWolt Israel CEO Aims for Dominance in All Israeli PurchasesTomer Cohen, the new CEO of Wolt Israel, aims to expand the delivery service into a comprehensive retail platform, making it the first choice for all Israeli purchases. The company is focusing on non-restaurant deliveries, including groceries and other goods, and is working to adapt its services for the Arab and Haredi communities. Wolt Israel is also a hub for innovation within its parent company, DoorDash, and is navigating challenges such as courier relations and road safety.Economy · 2d agoEfi Nechasim Reports 15% Net Profit Rise Despite Slow Apartment SalesEfi Nechasim reported a 15% increase in net profit for the third quarter of 2026, reaching NIS 512 million, despite selling only four apartments at its Tel Aviv Landmark project during the quarter. The company's net operating income and AFFO also saw significant year-over-year growth. While Tower B of the Landmark project nears completion with most office space leased, apartment sales have been slow, with only 15 units sold year-to-date. The company's overall financial performance was boosted by European projects and existing property improvements.Culture · 2d agoIsraeli Village Blends Art, Wine, and Food in Unique CommunityThe Israeli village of Tzur Hadassah is fostering a unique blend of religious and secular residents, art, and local produce. Dutch immigrants Hani and Mark are showcasing their sculptures and paintings, while artist Yitzhak Marshe creates collages inspired by the war. Liraz Erez Shargai offers handmade candles and workshops, and Assaf Ta'uoz's Gepetto Pizza Bar highlights local ingredients. Amir Gutel's "The Grandfathers Drink" wine shop celebrates regional wineries, creating a vibrant community atmosphere.Economy · 2d agoFormer Executive Dalia Feldheim Advocates for Empathetic LeadershipDalia Feldheim, a former executive, is promoting a leadership style centered on empathy and relationship-building, as detailed in her book "Dare to Lead Like a Girl." Her philosophy contrasts with demeaning management styles she experienced, advocating for "soft skills" crucial for modern business. Feldheim's career includes impactful campaigns for Always, and she now consults for major tech companies, emphasizing human connection and "Return on Interaction" for organizational success.Tech · 2d agoFrom 'Nerds Gang' to AI Bottleneck Solutions: The Journey of a Tech EntrepreneurThe founder and CEO of Hud, a tech entrepreneur who grew up in Netanya, Israel, has launched a new company to address quality control issues in AI-generated code. After early ventures and significant roles at companies like Soluto and WeWork, he co-founded Hud in 2023. The company has raised $21 million and uses cybersecurity techniques to ensure the reliability of AI-assisted software development.General · 2d agoMeasuring Success in Public Organizations: A Challenge of Culture and MetricsPublic organizations often fail to accurately measure success, prioritizing easily quantifiable metrics over actual performance, according to a Globes and Tel Aviv University analysis. A case study in Military Intelligence revealed that organizational culture and a lack of external pressure hindered the implementation of new measurement tools. The article argues that public bodies need a balance of improvisation and systematic management, with effective measurement crucial for sustained growth and adaptation, particularly in the post-October 7th context.Economy · 2d agoAssaf Eldar Tapped as New CEO of Direct Insurance (IDIA)Assaf Eldar has been appointed the new CEO of Direct Insurance (IDIA), replacing Kobi Haber. Eldar, previously deputy CEO at Discount Bank, will lead the largest property and casualty insurer in Israel. The company emphasizes direct customer engagement and digital methods to reduce costs.Politics · 2d agoRabbinical Courts Narrowing Exemptions from Ketubah PaymentsIsrael's rabbinical courts are standardizing ketubah payments, capping amounts and making it harder for husbands to claim exemptions. A new treatise is expected to solidify policies that place the burden of proof on husbands seeking to avoid payment. Historically a financial safeguard for women, the ketubah is now offset against asset division in divorces. A recent compromise case saw a husband pay his wife half the ketubah amount, which was then fully offset against her debt to him.Tech · 2d agoNvidia's Israel Operations Face Uncertainty Amid CEO Transition FearsNvidia's significant operations in Israel, responsible for 18% of the company's revenue, face uncertainty amid potential leadership changes for CEO Jensen Huang. Huang has been a key supporter of Israel's tech sector, notably through the acquisition and expansion of Mellanox. The Israeli division's growth, particularly in AI-related communication chips, has made it a major contributor to Nvidia's global success and the Israeli economy. Concerns linger about the future commitment to the 6,000-employee strong Israeli workforce and planned expansion.Economy · 2d agoNvidia's Israel Campus Future Uncertain Amid CEO Transition RumorsNvidia's extensive development center and real estate plans in Israel may be affected by potential leadership changes at the company. CEO Jensen Huang, known for his pro-Israel stance and expansion of the Israeli R&D operations, is reportedly facing possible ouster. Nvidia has invested in land in Tivon for a new campus costing hundreds of millions of shekels and has secured significant leases in Yokneam, with construction expected to conclude in 2028. The company also maintains offices in Tel Aviv and Be'er Sheva.Security · 2d ago · also in 9 newsroomsElbit Systems Secures $260 Million NATO Deal for Artillery SystemsElbit Systems has won a $260 million contract to supply advanced PULS rocket artillery systems and ammunition to a European NATO country. The deal, to be executed over five years, adds to a series of recent major international and domestic contracts for the Israeli defense firm. These include deals worth $235 million with Azerbaijan and $200 million with an Asia-Pacific nation, as well as a $170 million contract with the Israeli Ministry of Defense for an artillery training center.Economy · 2d agoInternational Bank Executive Ron Grisero to DepartRon Grisero, Senior Vice President and Head of the Retail Division at International Bank, announced his resignation on Thursday, concluding a decade-long tenure. He was responsible for key retail operations and led digitalization efforts. His departure adds to a recent wave of senior banking executives leaving their positions in Israel, including Clara Tzabar'el from Bank Hapoalim.Economy · 2d agoGlobal Tech Turmoil, Nvidia Scandal, and Israeli Market ReactThe Israeli stock market is bracing for a volatile opening, influenced by global declines triggered by potential leadership changes at Nvidia and concerns over the AI industry. Yesterday, the Tel Aviv Stock Exchange closed mixed, with the TA-35 index down and TA-90 up. In bond markets, Israeli government bonds saw rising yields, indicating expectations of sustained high interest rates. The dollar strengthened against the shekel due to higher US inflation data, impacting the local currency's stability.Economy · 2d agoIsraeli Apartment Buildings Face High Costs for Lobby StaffResidential buildings in Israel face monthly costs of NIS 58,000 to NIS 70,000 for lobby reception and concierge services, which are often mistaken for security. These expenses, excluding VAT, are distributed among residents, with smaller buildings bearing a significantly higher per-unit cost. Experts note that the role has evolved beyond basic security to include extensive resident services, with costs increasing due to rising wages and demand for higher service levels. Legal frameworks ensure these agreements are binding, and changes require resident assembly approval.Economy · 2d agoBeyond Money Market Funds: Where to Find Higher Returns Amidst Market DeclinesAmidst stock market declines, investors are exploring alternatives to money market funds (MMFs), which currently offer about 3.3% annual yield. Managed bond funds have shown lower returns, with higher management fees and potential additional costs. While expected capital gains from interest rate cuts in bond funds were limited, some bond funds with specific maturity dates now offer yields around 4.65%. Other options include corporate bond funds and fixed-rate bank deposits, with yields varying based on risk and terms.Economy · 2d agoBarzani Infrastructure Company Completes $270 Million IPO, Eyes $930 Million Project PipelineY.D. Barzani, an Israeli infrastructure firm, has completed an IPO valuing it at 2.25 billion shekels, raising approximately 1 billion shekels from investors. The company aims to reach 3.5 billion shekels in annual revenues by 2029, fueled by state infrastructure investments. The funds will support operations, acquisitions, and expansion. The IPO comes despite a recent market slowdown.Economy · 2d agoMedical Student Quits Studies to Teach Financial PlanningTomer Eliyahu, 33, abandoned his medical studies to establish 'Simply Invest,' a financial education company for families. Motivated by childhood financial struggles and his father's loss of pension savings, Eliyahu aims to demystify investing. He advocates for index investing and long-term strategies, believing financial knowledge is key to future security.Economy · 2d agoRevolut Seeks Israeli Talent for New Bank Amidst Hiring BlitzFintech firm Revolut is aggressively hiring in Israel for its new bank after receiving a conditional license from the Bank of Israel. The company is seeking professionals with experience in banking, regulation, fraud, operations, and cyber security. While specific salaries are undisclosed, industry estimates place potential monthly earnings between NIS 15,000 and over NIS 45,000 depending on the role. Revolut, not bound by Israeli banker salary caps, can offer competitive compensation, potentially drawing talent from local banks that are also undergoing workforce adjustments.Economy · 2d agoIsraeli Tech Firm MAIND CTI to Be Acquired for $25.4 MillionIsraeli tech firm MAIND CTI is being acquired by Canadian company Enghouse Systems for $25.4 million, representing a 49% premium on its share price. Founded over 30 years ago by Monica Yanco, the company provides billing and customer service solutions for telecom firms. Yanco cited the high costs and administrative burden of being a public company, along with a declining telecom market, as reasons for the sale. The acquisition is subject to a 30-day go-shop period, and Enghouse Systems plans to retain MAIND CTI's Israeli workforce.Security · 2d ago · also in 3 newsroomsIDF Launches Internal War Strategy Review Amidst Ongoing OperationsThe IDF has begun an internal review of its war operations, with over ten teams led by major generals tasked to present findings within four months. Yisrael Beiteinu chairman Gadi Eisenkot urged Prime Minister Netanyahu to show restraint on potential Iran actions and requested a security briefing. Eisenkot also asked the Attorney General to review interim government's security decision-making powers. Separately, Saudi Arabia intercepted missiles, and the Houthis claimed an airport attack.Economy · 2d agoTeva CEO Sees Bright Future, Eyes Larger AcquisitionsTeva's President and CEO Richard Francis announced a promising future for the company, projecting innovative drug revenues to reach $6-7 billion by 2030. He highlighted Teva's transformation into a biopharma company and positive feedback from investors at a recent R&D day. Francis also indicated that Teva is exploring larger acquisitions and will continue to invest in its generics and biosimilars business.Economy · 2d agoVictory Supermarket Owner Eyal Ravid Seeks Stake in Carrefour IsraelEyal Ravid, owner of the Victory supermarket chain, is attempting to purchase 30% of Carrefour Israel's operating company as part of an upcoming share offering. The deal, which involves current shareholders like Electra Consumer Products, could allow Ravid to become a dominant shareholder. However, the negotiation process and the preference of existing shareholders for institutional investors present significant hurdles. The offering's structure is still being finalized, with no definitive agreements yet in place.Politics · 2d ago · also in 2 newsroomsNew Knesset Finance Committee Chair Faces Numerous Conflicts of InterestMK Liran Avishar Ben-Horin, the new temporary chair of the Knesset Finance Committee, faces numerous conflicts of interest due to her past roles and her husband's public relations firm, which represents dozens of major companies. While Knesset members must declare conflicts, formal arrangements are not legally mandated for them as they are for ministers. The Knesset Ethics Committee can impose sanctions for violations, and experts suggest stricter rules for committee chairs to prevent legislative influence on related entities. Past rulings and recommendations highlight the complexities of defining and managing conflicts of interest for lawmakers.Culture · 2d ago · also in 1 newsroomThe Norman Hotel Launches Luxury Suites in Tel Aviv Starting at $3,000 Per NightThe Norman Hotel in Tel Aviv is launching a new luxury suite complex, The Norman Residences, in December, with prices starting at $3,000 per night. The complex includes seven suites and a large triplex, offering extensive amenities and services. The hotel aims to set new standards in luxury hospitality for local and international guests. In other news, an insurance agents' conference took place in Eilat, a light festival is opening in Tel Aviv, and Teva's CEO sold company stock.Economy · 2d agoIsrael's Delivery Services Face Rising Costs and Potential Price HikesIsraeli delivery companies are grappling with rising operational costs due to increased package volumes, fuel prices, driver shortages, and international shipping disruptions. Profit margins are slim, leading to concerns about potential price hikes for consumers. Companies are implementing various strategies to manage the challenges, including automation and exploring alternative delivery models.Economy · 2d agoChinese Investment Fund Pays Kibbutz Hanita $6 Million for Lens Company SharesChinese investment fund Ballet Vision paid approximately $6 million to Kibbutz Hanita for the remaining shares in Hanita Lenses, making the fund the sole owner. The settlement resolves a legal dispute over control of the company, which produces intraocular lenses. The kibbutz sought funds for rehabilitation after two difficult years near the northern border due to the "Swords of Iron" war.Security · 2d ago · also in 4 newsroomsBusinessman Convicted of Fraud for Stealing NIS 1 Million from Fellow InmateBusinessman Nissim Djaladti was convicted of aggravated fraud for taking NIS 1 million from a fellow inmate, Boaz Edri, under the guise of a stock investment. Djaladti used the funds for personal expenses, including a court deposit, and never transferred the promised shares. The Tel Aviv District Court also convicted him and an associate, Israel Meged, of related offenses including forgery and money laundering. Djaladti was acquitted of some charges, but the court emphasized the exploitation of trust as an aggravating factor in the fraud.Security · 2d ago · also in 1 newsroomIsraeli Court Rules Limited Ads on Digital Invoices Don't Violate Spam LawAn Israeli court ruled that sending digital invoices with limited advertising does not violate the "spam law." The Central District Court in Lod dismissed a class-action suit against Shufersal Group, stating that promotional content on an invoice is permissible if it's secondary to the service information and the customer agreed to digital invoices. This precedent impacts retail and service companies using digital billing.Economy · 2d agoHachshara Insurance to Enter Israel's Pension MarketHachshara Insurance is set to enter Israel's 1.1 trillion shekel pension market, aiming to manage 50 billion shekels within four years. The company plans to leverage its insurance agent network and existing savings policy business to attract clients. This move comes amid significant growth in the sector and potential regulatory changes that could impact fund management and client retention. Hachshara's entry follows similar recent expansions by other insurance firms into the competitive market.Economy · 3d agoPoland Cancels Multi-Billion Euro Gas Contract with Qatar Over Hormuz DisruptionsPolish energy firm Orlen has canceled a multi-billion euro LNG contract with QatarEnergy, citing "force majeure" due to disruptions from the Strait of Hormuz closure. While another contract remains, the cancellation highlights reduced Qatari gas exports and increased shipping risks. Orlen will increase imports from Norway and the U.S., assuring no impact on its regular supply.Economy · 3d ago2,850 New Apartments Approved in Three Israeli CitiesIsrael advanced plans for approximately 2,850 new apartments across three cities this week, with major projects approved in Bat Yam and Ramat Gan, and another slated for Eilat. These developments aim to significantly increase housing stock while incorporating commercial spaces and public amenities. In a separate ruling, the Supreme Court delayed by one year the implementation of a new safety regulation for construction sites, a decision met with mixed reactions regarding worker safety and industry capacity.Security · 3d agoIsrael's Climate Preparedness Hampered by Budget and Staffing ShortfallsIsrael's preparedness for climate change impacts is significantly hindered by understaffing and underfunding, as revealed by a State Comptroller report. A national directorate operates with minimal staff and budget, while only three government ministries have submitted viable preparedness plans. The country has already experienced significant climate-related damages, including excess mortality from heatwaves and record payouts to farmers for extreme weather. Urban infrastructure like drainage systems is outdated, and local authorities struggle with funding and personnel shortages for necessary upgrades.Tech · 3d agoEx-Microsoft Engineers Launch Edelbyte, Raise $70 Million for Data InfrastructureFour former senior Microsoft engineers have launched Edelbyte, a startup focused on data infrastructure, and have raised $70 million. The company aims to compete with major players by offering a unified platform for storing, searching, and analyzing enterprise data, particularly to handle the increased load from AI agents. The funding will support R&D, hiring, and international sales, with the goal of becoming the infrastructure for future software applications.Economy · 3d ago · also in 4 newsroomsIsraeli Mortgage Market Hits High in October Amidst Slowing Property SalesIsrael's mortgage market reached NIS 9.3 billion in October, a high for housing loans, despite a 40% drop in transaction pace compared to 2021. The total mortgage volume for the year is NIS 97.5 billion, up 14% from last year. Borrowers are increasingly opting for 'prime' loan tracks, while indexed loans are at a low. The strong mortgage market is attributed to past deals and financing offers, not current property sales.Security · 3d ago · also in 2 newsroomsIsrael Approves Three Gas Power Plants and Two Solar FarmsThe Israeli government has approved three new gas-powered electricity plants and two large solar farms to meet rising energy demands driven by AI, population growth, and electric vehicles. The projects will undergo expedited planning, with the power plants expected online by the early 2030s. Environmental Protection Minister Idit Silman opposed one of the gas plant approvals.Economy · 3d ago · also in 5 newsroomsUS-Israeli Venture Fund Vine Ventures Raises $236 MillionUS-Israeli venture capital fund Vine Ventures has raised $236 million for its third fund, bringing its total assets under management to over $500 million. The fund, with offices in the US and Israel, plans to allocate half of the new capital to Israeli technology companies. Vine Ventures has previously invested in prominent startups like AI firm Wonderful and cybersecurity company Ryber.Security · 3d agoHaifa Port Workers Declare Labor Dispute Amid Safety and Condition ConcernsApproximately 700 workers at Haifa Port have declared a labor dispute due to deteriorating working conditions and safety concerns. The Transport and Sea Ports Workers Union cited issues including poor sanitation, inadequate equipment maintenance, and the hiring of contract workers. The dispute follows the port's privatization in 2023 and the subsequent takeover by the Adani-Gadani partnership.Economy · 3d agoCaesarstone Faces Going Concern Warning After Major Lawsuit LossCaesarstone has issued a "going concern" warning after losing a major lawsuit in California, resulting in a $46.8 million liability and a $56.1 million net loss for the third quarter. The company disputes the verdict and is involved in hundreds of similar lawsuits. Despite these challenges, Caesarstone reported improved gross profit and near-balanced adjusted EBITDA, driven by cost-saving measures, while revenue saw a slight decline.Economy · 3d ago · also in 1 newsroomAshtrom in Talks to Sell Fifth of Rental Operations to Clal InsuranceAshtrom is in talks to sell 20% of its rental operations to Clal Insurance, while a separate deal to sell 20% to Migdal has been delayed by 30 days. The Migdal deal, valued at NIS 451 million, was originally set to close with partial payment by November 11. Ashtrom Residential Rentals manages over 3,200 apartments and is developing new projects. The company's strategy is to sell off parts of its rental operations to institutional investors.Economy · 3d ago · also in 3 newsroomsBank Leumi Invests $100 Million in US Real Estate Firm Harbor GroupBank Leumi's real estate arm, Leumi Partners, has invested $100 million in US firm Harbor Group International, valuing the company at $1.28 billion. This investment provides Leumi Partners with an initial 8% stake in the multifamily housing sector. Harbor Group manages a significant portfolio and plans to triple its assets to $60 billion. The deal occurs during a challenging but potentially improving market for US real estate.Economy · 3d agoShikun & Binui Real Estate Appoints Alona Arieli Lahav to Lead Marketing and SalesAlona Arieli Lahav has been appointed Deputy CEO of Innovation, Marketing, and Sales at Shikun & Binui Real Estate. She will oversee marketing strategy, sales, customer relations, and innovation. Arieli Lahav brings extensive experience from previous roles at Aviv Melisron, Aura, Psagot, and Tnuva. The company's CEO stated her appointment will significantly contribute to its growth.Security · 3d ago · also in 5 newsroomsMassive Cigarette Smuggling Ring Busted at Ashdod PortIsraeli police and customs officials arrested additional suspects in a major cigarette smuggling case at the Port of Ashdod. The foiled operation involved eight containers of cigarettes worth approximately 200 million shekels, falsely declared as wheat flour. The investigation is ongoing, with further arrests expected.Economy · 3d ago · also in 4 newsroomsIsraeli AutoTech Firm Innoviz to Lay Off Quarter of WorkforceIsraeli auto-tech firm Innoviz is laying off about 25% of its workforce, impacting over 90 employees. This is the third round of job cuts for the company in recent years. Innoviz is expanding its focus to the defense sector, particularly drone detection, integrating its LiDAR technology. The company, led by CEO Omer Keilaf, is publicly traded on NASDAQ.Economy · 3d agoBuyers Sue Developer for $1.6 Million Over Delayed Apartments in Bat YamTwenty apartment buyers in Bat Yam are suing their developer for 6.5 million shekels due to significant delivery delays. The buyers claim the project was already behind schedule before the "Swords of Iron" war, which they argue the developer is using as an excuse. An Iranian missile strike in June 2025 further damaged the site, causing additional delays. The developer claims force majeure due to the war and labor shortages, but buyers dispute this, pointing to pre-war delays and insufficient mitigation efforts.Economy · 3d agoBusinessman Tzachi Abu Seals Major Deals in Real Estate and EnergyBusinessman Tzachi Abu's company, Ari Real Estate, is acquiring a 407-dunam industrial site in Be'er Sheva for 110 million shekels and selling a 50.1% stake in the "Orot Yitzhak" power station for 370 million shekels. The Be'er Sheva deal includes leasing back factory sites to the sellers, Adama and Lycored, for an annual rent of 7.7 million shekels. The power station sale values the project at up to 1.46 billion shekels, with potential for an additional 180 million shekels payment.Security · 3d ago · also in 7 newsroomsRamon Airport Flights Halted After Eilat EarthquakeRamon Airport halted flights after a 4.5 magnitude earthquake struck the Gulf of Eilat, causing tremors felt in Israel. The Israel Airports Authority is conducting safety checks on airport infrastructure. No injuries have been reported, but damage to runways is a concern, potentially grounding flights for hours. An Arkia flight was rerouted pending landing clearance.Culture · 3d agoLearn From Portugal: Embrace Slower Living and Vibrant City LifeIsraeli consultant Tamir Ben Shahar proposes adopting Portugal's urban and commercial strategies to combat high living costs and improve city life. He advocates for shorter business hours, pedestrian-friendly streets, and revitalized markets, arguing that Portugal's model fosters community and affordability. Ben Shahar criticizes Israel's high prices and neglected public spaces, suggesting that embracing Portugal's slower pace and focus on experiences can enhance Israeli urban environments.Culture · 3d agoAyala Hasson Resigns from Kan 11 Citing CensorshipJournalist Ayala Hasson has resigned from Kan 11, citing censorship and the silencing of voices. She stated she would not be part of a system appeasing a specific political camp and felt her journalistic independence was compromised by a demand to read a dictated apology. The resignation follows a dispute over her controversial remarks regarding the Bedouin community and Arab sector polling stations. Hasson vowed to continue her journalistic mission and return to broadcasting soon.Tech · 3d agoWebSummit Opens Without Israelis, Features Palestinian Pavilion and China FocusThe WebSummit technology conference in Lisbon opened without Israeli companies, featuring a "Palestine" pavilion and a strong focus on China's AI industry. Founder Paddy Cosgrave, who previously faced backlash for anti-Israel comments, embraced Chinese tech leaders. The event's shift away from Israeli participation follows a boycott initiated after Cosgrave's remarks last October, which led to sponsor withdrawals and his temporary resignation.Economy · 3d ago · also in 2 newsroomsTel Aviv Stock Exchange Profits Surge 37% Amidst Trading BoomThe Tel Aviv Stock Exchange (TASE) reported a 37% increase in net profit for the third quarter, reaching approximately 68 million shekels, driven by a 19% rise in revenues to 175 million shekels. Trading volumes surged 52% in the first nine months, and the IPO market saw 21 new listings. The TASE stock has also seen significant gains.Health · 3d agoSleep Apnea Treatment Paradoxically Causes Weight Gain in Some PatientsA new study by Professor Ariel Tarasiuk reveals that treating sleep apnea can paradoxically cause weight gain in some patients by altering appetite-regulating hormones and creating a persistent metabolic "memory." While sleep apnea itself may burn more calories, patients compensate by overeating, a habit that persists even after treatment. However, 30%-40% of patients actually lose weight after treatment, and emerging obesity drugs like GLP-1 agonists may offer a dual solution for weight and sleep apnea.Economy · 3d ago · also in 2 newsroomsRafael Expands Haifa Science Park Presence With $8.5 Million LeaseDefense contractor Rafael is expanding its presence in Haifa's Science and High-Tech Park by leasing an additional 4,000 square meters for NIS 32 million over five years. This brings Rafael's total leased space to 10,000 square meters. The expansion is expected to create hundreds of new jobs in Haifa. The deal is part of Rafael's ongoing growth and development.Culture · 3d ago · also in 2 newsroomsFashion Week Kicks Off in Tel Aviv With High-Profile GuestsFashion Week Israel Canada 2026 opened in Tel Aviv with an investment of NIS 3 million, featuring a gala and runway shows by 15 designers and Shenkar College. High-profile guests attended, including former Mossad chief Yossi Cohen and Wix CEO Avishai Abrahami. Academic appointments were made, and Anthropic plans a significant IPO.Economy · 3d agoIsraeli Billing Software Firm Maynd Acquired for $25.4 MillionIsraeli billing software company Maynd has agreed to be acquired for $25.4 million by Canadian firm Enghouse Systems, with its stock jumping over 40% on the news. The deal, approved by both companies' boards, offers shareholders a significant premium and is expected to close in early 2027. Maynd's founder and largest shareholder, Monica Yanco, supports the acquisition, citing the benefits of no longer being a public company. Orly Sorokin has been appointed as the new CEO, while Yanco will remain Chairman.Tech · 3d agoIsraeli Cybersecurity Startup Ribon Secures $1.5 Billion Valuation Before FoundingIsraeli cybersecurity startup Ribon, founded by former Unit 8200 commander Ehud Schneorson, has achieved a $1.5 billion valuation before its official establishment. The company secured this valuation through a unique three-tranche investment structure, with the final tranche led by General Catalyst. Ribon aims to develop sovereign AI-based cloud systems for governments, competing with major players in the field. The unusual funding model highlights significant investor confidence in serial entrepreneurs from elite Israeli tech units.