Australia to Acquire Rafael’s SPIKE LR2 Anti-Tank Guided Missiles
SPIKE LR2 is a state-of-the-art, multipurpose, multiplatform, combat-proven missile system, designed to meet the needs of modern warfare and complex battlespace challenges.
Elbit Wins $55M Contract to Sell C-UAS Counter Drone System to Netherlands
The system can detect, identify, locate, track and neutralize hostile UAS during day and night, both in urban and rural environments and under various weather conditions.
Israel Approves Increase in Natural Gas Exports to Egypt
Approximately 3.5 billion cubic meters will be added to Israel’s current natural gas exports to Egypt over the next 11 years.
S&P Downgrades Seven US Banks
The agency cited a “sharp rise in interest rates by the US Federal Reserve” as the possible cause for a surge in funding deposit costs.
Hungary, Israel, Germany to Collaborate on Manufacturing Combat Drones
Orban has been a close ally of PM Benjamin Netanyahu’s government.
Largest Deal Ever: US Approves Israeli Arrow System Sale to Germany at $3.5 Billion
"Our cooperation with the US government is essential to the system’s development process and to the achievement of this significant agreement. "
Drilling Rig Arrives in Lebanon for Offshore Exploration
"We hope that Lebanon will become an oil state,” Energy Minister Walid Fayyad said.
More Unicorns Founded by TAU Graduates than Oxford
A new study from Stanford University ranks Tel Aviv University first in Israel and first in the world outside the US in the number...
Intel Kills $5.4 Billion Purchase of Israeli Tower Semiconductor over US-China Tensions
Intel will pay Tower a termination fee of $353 million.
Good News: Israel’s Inflation Drops to 16-Month Low of 3.3%
The good news could mean the Bank of Israel will decide not to raise the interest rates any further when it makes the announcement on September 4.
Netanyahu Hails Israel’s ‘Very Strong Rating’ by Fitch
"We have a strong economy. Whoever invests in Israel, profits. Whoever pulls out of Israel, loses. People understand this."
Fitch Leaves Israel’s Outlook ‘Stable’ and A+ Credit Rating Unchanged
“Fitch considers the current measures are unlikely to trigger a material exodus of talent and capital in the high-tech sector.”
Israeli Banks Making Out like Bandits following Sharp Interest Rate Rises
The reports are affected first and foremost by the jump in interest profits, as well as by adjusting the results to the rising inflation.
Check Point Software Technologies to Acquire Israeli Startup Perimeter 81
Check Point will pay $490 million to acquire Tel Aviv-based Perimeter 81. The agreement is expected to be completed by September 30. Check Point, a global firm, is also based in Tel Aviv.
‘Channel 14’ Accuses Business Moguls of Conspiring to Cancel It
The channel, unique among Israeli TV stations for its conservative viewpoint, asked the Israel Competition Authority to investigate.
El Al’s Operating Profit Skyrockets, 10X More Than 2022
Earlier this year, El Al Airlines announced the first collaboration agreement of its kind with aviation giant Delta.
Israel Working to Let Private Homes Store Energy
The program will also allow infrastructure for charging electric vehicles at gas stations without affecting the grid system.
US Mortgage Rates Soar Above 7 Percent
The average 30-year fixed-rate mortgage climbed 9 basis points to 6.9 percent in the last week of July, when the Federal Reserve raised its policy rate to the 5.25 to 5.5 percent range.
Moody’s Cuts Credit Rating of 10 US Banks, Could Lower Ratings on 6 More
“We continue to expect a mild recession in early 2024 and given the funding strains on the US banking sector, there will likely be a tightening of credit conditions and rising loan losses for US banks.”
Barkat: Israeli Market among the most Centralized in the World, and We Will Change...
“I get threats, but I don't owe anyone anything, I don't lack anything,” Barkat told 94FM.
Tel Aviv Light Rail to Start Service August 18 after 100 Years’ Interruption
The NTA has been accused of management waste that allegedly included lots of partying.
Economy Minister Barkat Plans to Break Down the Strauss Conglomerate
Barkat said: "It is unreasonable that huge companies decided to re-educate the public."
Warring Privileged: Eynat Guez Suing Investor Who Said She Endangered her Company by Pulling...
The warning letter also promises that all the money Frances pays up would be donated to the protest against the “judicial coup d'état.”
Bank of America Executive Bullish on Israel’s Economy
Bernard Mensah stressed the country's strength in high-tech, "strong human capital" and government spending on R&D.
Fitch Downgrades US Government’s Credit Rating Citing Steady Deterioration
The Fitch credit rating of Israel is A+, with a Stable outlook.
Amazon to Invest $7.3 Billion In Israel over 15 Years
Amazon estimates that the new AWS Israel region will support more than 7,700 jobs, on an annual average.
Israeli Billionaires Declare War on Channel 14, Viewers Boycott their Products
On Sunday, during a debate on Channel 14th flagship show, “The Patriots” about the High Court of Justice's decision to revoke the Teveria Law...
Study of Israel’s Natural Gas Industry Shows $87 Billion in Savings to Economy
Across the board, Israel has profited or saved from its natural gas reserves.
Rocks in my Falafel: Trader Joe’s 3rd Recall in a Week
Fully Cooked Falafel is suspected of containing rocks in at least 33 states.
IAI Sells Advanced Spy Satellite to Singapore for $200M
"While in orbit, the satellite is expected to begin a preplanned series of tests, and following their completion, will be formally handed over to its Singaporean customers, DSTA and ST Electronics."
Headlines
Latest News Stories
Recommended Today
Sponsored Posts
