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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.

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.

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.

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.

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.

Avi Gabbay appointed Partner CEO

Gabbay is part of the group that bought control of the Israeli telecom from Hutchison for $300 million.

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.

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.