MARKET

The meteoric rise in the company's share price has led to huge gains on employees' options, and makes accession to the Tel Aviv 35 Index very likely.

Winvia Entertainment plans an AIM listing at £200 million pre-money valuation.

The main indices are rising, but Tel Aviv Stock Exchange EVP Yaniv Pagot comments: The market is also pricing in a large dose of caution.

Over the past two weeks, Frenkel has bought Tamar Petroleum shares worth NIS 498 million with an option to sell half of them to Azerbaijan state energy company SOCAR.

Mor Mutual Funds: If we don't see an agreement, the risk to the Israeli market will increase due to the global boycott trend.

The order comes after a series of cancellations of contracts with Israeli defense companies.

Israel’s mortgage-GDP ratio is just 30%, well below Switzerland (131%), the UK (115%), Australia (93%), and Canada (62%), the “Helgi Library” website reports.

The famed US investor and hedge fund manager spoke to “Globes” during a recent visit to Israel about the US economy, AI, his Israel investments, love of Judaism, and anti-Semitism.

The company is buying cloud management platform company Pelanor for an estimated $20-30 million.

Melisron will pay Migdal NIS 818 million for 51% of the land rights in one of Israel's largest malls, with up to 40,000 visitors daily in the holiday season.

DigitalOwl's technology analyzes and summarizes medical records, serving insurance companies and lawyers.

The finance automation company has raised the money just two months after implementing a streamlining process that included major layoffs.

Halevy, who currently serves as CEO of credit card company ICC-CAL, will replace Dina Ben-Tal Ganacia.

Bank Hapoalim's stock is currently trading at NIS 62.85, and those who invested in the bank's shares a year ago have recorded a return of almost 88%.

George Horesh's Union Investments and Harel will buy Discount Bank's 72% stake in the credit card company, at a company valuation of NIS 3.75 billion.

The deal includes Elbit Systems PULS rocket launch system, and a full range of munitions worth around €700 million, "eKathimerini" reports.

The company, which was founded in Israel, has a drug for treatment of fatty liver in phase III trials, which was initially an asset of Teva.

Having sold shares to SOCAR earlier this year, Frenkel has now bought a 9% stake from Menora Mivtachim.

In the past Navan has been valued at $12 billion but "Globes" estimates that the company will try to raise money at a valuation of $7-8 billion.

Half of the money raised will be paid as an immediate dividend to the shareholders.

Check Point will pay an estimated $300 million for Lakera, which has developed AI-native security platforms for agentic AI applications.

Bezeq plans to continue "examining and promoting the issue of new regional submarine cables."

Most of the 250 employees who will lose their jobs are based in Israel.

While one talks of a return to the Stone Age, another sees the prime minister's frankness as an expression of strength.

The prime minister's speech stressing Israel's isolation and reports of the entry of IDF ground troops into Gaza City appear to be putting pressure on the market.

"We are marching with certainty to a diplomatic, economic, and social abyss that will endanger our existence in the Land of Israel."

Most of the investment is coming from overseas investors, with only a small amount from Israeli investors.

The bank is offering customers no fees on a checking account and 50% of the income it generates from customers' money.

The Spanish Ministry of Defense has decided to cancel the procurement of the Israeli company's PULS artillery system, according to reports in the Spanish media.

The bank has struggled to reach profitability losing NIS 268 million last year, down from NIS 357 million in 2023.

Enav is promoting over 35 urban renewal projects throughout the country totaling about 25,000 housing units.