Earlier this week, I had the fortune to take my 16-year-old son to Misrad Hapnim to get his Teudat Zehut. In a fast-changing world, it’s comforting to know that there are still things that stay the same and that you can count on. As soon…
Category: 6. Business
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Cyberattack again disrupts Israel’s credit card payments
Shva (Automatic Bank Services Ltd.), which provides communications in Israel between the various payment clearers for credit card transactions, again experienced disruptions and prevented payments from being cleared from about 11am…
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CyberArk buys US co Zilla Security, reports strong Q4
Israeli cybersecurity company CyberArk Software has announced the acquisition of US company Zilla Security for $165 million in cash and a further $10 million in potential milestone payments. This latest acquisition follows…
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Mer launches armored vehicle awareness protection system
mSphere’s comprehensive monitoring eliminates blind spots, enhances detection capabilities, and enables crews to identify and respond to potential threats swiftly and accurately.
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Investing in Private Companies: Post Election 2025 Perspective
The aftermath of the 2024 U.S. election continues to reveal the dynamic relationship between politics and financial markets. The initial reaction from public markets to Donald Trump’s return to the presidency was overwhelmingly positive,…
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Steep fall in mortgage taking in Israel in January
In January 2025, NIS 7.3 billion was taken in new mortgages according to initial figures from the Bank of Israel. Although this figure is 50% down from December 2024, it should be taken into account that this was an exceptional…
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Shekel rebounds against dollar – Globes
Even during these uncertain times the shekel is maintaining its strength against the world’s major currencies. In morning inter-bank trading the shekel – dollar exchange rate is down 0.41% at NIS 3.577/$ and the shekel – euro rate…
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Shashua’s Mentee Robotics unveils robot for manual work
Mobileye Global Inc (Nasdaq: MBLY) CEO and serial entrepreneur Amnon Shashua has unveiled, by posting a clip, the latest robot developed by his startup Mentee Robotics. The robot is called Menteebot V3.0.
According to the marketing…
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50% of housing deals in 2024 were developer loans
What made 2024 distinct was that 50% of deals involved special offers by contractors and developers for apartments not yet built, the Ministry of Finance reports.
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Trump administration reaffirms AI chip restrictions on Israel
Prime Minister Benjamin Netanyahu said on Monday after talking with senior officials in the US administration about removing Israel from the list of countries on which restrictions on importing advanced graphics chips has been…
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