Globes - Israel Business News
The acquisition price has not been disclosed, but it is estimated at $300 million, which represents a handsome return for investors in the Tel Aviv-based startup. Court ruling paves way for dream house auction by Kinneret. Teva reports seventh straight quarter of growth.
Globes - Israel Business News
Oct 31, 2024 · Tel Aviv 35 up 3.3% in October 31/10/2024 Globes correspondent. Gov't appoints Sharon Kedmi CEO of Israel Airports Authority 31/10/2024 Stav Livne. French court overturns Euronaval ban on Israeli cos 31/10/2024 Dean Shmuel Elmas. Mobileye recognizes $2.7b goodwill loss 31/10/2024 Shiri Habib-Valdhorn.
Treasury plans higher tax on Israel's wealthiest - Globes
According to the Ministry of Finance’s forecast, raising the surtax rate from 3% to 5% will yield NIS 1 billion to the state in 2025, and NIS 1.5 billion each year thereafter. In addition, expanding the applicability of the surtax on real estate investments will add NIS 420 million revenue in 2025 and another NIS 510 million when the measure ...
HEALTHCARE - Globes
New initiative connects Israeli tech to UK healthcare. The Dangoor Health-Tech Academy will foster collaboration between Israeli startups and Britain's National Health System, initially focusing on AI or automation-driven healthcare solutions.
ECONOMY - Globes
Weather and war blight Israel's olive oil output. "Globes" examines why prices have risen 40% over the past year for the healthy, delicious and traditional staple. CPI unexpectedly fell in September. Annual inflation in Israel has fallen slightly to 3.5% as housing price rises moderate, the Central Bureau of Statistics reports.
Nvidia's path to stunning success runs through Israel - Globes
Feb 26, 2024 · The dominant supplier of AI hardware and software, Nvidia now has a market cap of over $2 trillion. The company's path to success runs through Israel. Nvidia's second largest development center outside of the US is in Israel. The company has been operating in Israel since 2016 and it has 3,300 employees in Israel, representing 13% of its global ...
News - Globes
Jul 11, 2024 · Elbit Systems wins $127m follow-on APS order for US Army. The order from General Dynamics Ordnance and Tactical Systems is for the supply of the Iron Fist active protection system for Bradley M2A4E1 Infantry Fighting Vehicles. 05/11/2024 10:25 Aerospace & defense Globes correspondent. 04 November 2024.
MARKET - Globes
Israel's forex reserves fell sharply in October. Israel’s foreign exchange reserves at the end of October 2024 fell to $216.074 billion, a decrease of $4.303 billion from their level at the end of September, the Bank of Israel reports.
IT - Globes
The technology integrated into Copilot was largely developed at Rubrik’s R&D center in Israel, which was established following the acquisition of Israeli startup Laminar. Oracle shelves plans to build data center in Israel. The tech giant will likely build its AI data center in the UAE because of the war and lower costs, "Globes" has learned.
About Globes - Globes
en.globes.co.il is the English version of Israeli business daily "Globes". Each evening, Globes brings its unrivaled coverage of Israeli business to some 45,000 subscribers representing Israel's elite in management, investment, technology, law, accounting, and marketing.