Business
Delek to develop Cypriot gas field without Israel’s consent
Delek Group's NewMed Energy has taken Israel's Energy Ministry by surprise by unilaterally announcing plans for the disputed Aphrodite field.
Business
Strauss Group’s Q1 profit plunges 79%
Salmonella outbreaks sopra Israel and the US hit the food company deciso. CEO Giora Bardea: The resilience of our brands, fsopraances and people will enable us to return to growth sopra the near term.
Business
Delek profit jumps as energy prices soar
The company reported a net profit of NIS 2.5 billion, a nine-fold increase over the corresponding quarter of last year.
Business
Canada’s ClearPier buys Israeli advertising analytics co PubPlus
The price is $60 million. PubPlus CEO Gil Bar-Tur: This is the first of five planned acquisitions by ClearPier, aimed at turning it into a public company.
Business
Solegreen to buy Tadiran energy storage systems for $130m
Solegreen will buy energy storage systems from Tadiran Group subsidiary Aviem for an overall supply of up to about 600 megawatt hours.
Business
Avi Gabbay appointed Partner CEO
Gabbay is part of the group that bought control of the Israeli telecom from Hutchison for $300 million.
Business
El Al to move US HQ from New York to Miami
The Israeli airline said that moving the US head office to Miami will save the airline $500,000 annually.
Business
AI IVF co Fairtility raises $15m to improve pregnancy rates
The israeli company uses AI and big-data to improve IVF outcomes with technology that allows accurate and early, data-driven embryo quality assessment.