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El Al CEO Gonen Usishkin Photo: Sivan Faraj El Al CEO demands "dramatic improvement in punctuality"

Gonen Usishkin has told employees: This month, we were in 34th place among 42 airlines. This is not the place we want and need to be.

Elbit Systems Elbit Systems wins European electronic warfare deal

The $17 million contract for advanced ground-based Electronic Warfare (EW) and Signal Intelligence (SIGINT) systems will be performed over two years.

Allen Baharaff Photo: Eyal Izhar Fatty liver drug developer Galmed raises $75m on Nasdaq

The company took advantage of a boom in its share price following a successful Phase IIb trial.

Shekel-dollar ASAP Creative Shekel continues gains despite stronger dollar worldwide

With Israel's strong macroeconomic indicators, the dollar was never going to be able to push the shekel above the NIS 3.60-3.65/$ range, market sources in Tel Aviv believe.

Chen and Tzahi Neuman  photo: Inbal Marmari Altshuler Shaham joins objectors to Neuman bros buying Bezeq

Investment house Altshuler Shaham has an 11% stake in Internet Gold, which controls Bezeq through B Communications.

David Fattal Photo: Eyal Izhar Fattal: Hotels in Israel are more expensive, like everything

Hotelier David Fattal told the Globes Capital Market Conference that everything in Israel is more expensive and everything in Europe is easier to accomplish.

Rephael Sweary Photo: WalkMe WalkMe buys Israeli machine learning co DeepUI

This is the Israeli website navigation company's third acquisition.

Shekel-dollar ASAP Creative Shekel stronger as trade jitters ease

With annual inflation at 0.8%, near the government target of 1%-3%, there is growing confidence that the Bank of Israel will be able to raise rates in the final quarter of the year.

Eduardo Elsztain  photo: Reuters Elsztain sells 16.5% Shufersal stake

After the sale, Discount Investment Corporation, saw its stake in Shufersal cut from 50.1% to 33.6%, leaving the supermarket chain without a controlling shareholder.

El Al El Al and Israir cancel merger deal

The two airlines have dropped their appeal to the Israel Antitrust Authority, which ruled that the merger would harm competition.

Eyal Waldman Photo: PR Mellanox and Starboard reach agreement on board makeup

Starboard, which has a 10.5% stake in the Israeli big-data connectivity company, will appoint two directors.

Yossi Singer and Erez Balasha Photo: Tamuz Rachman Generation Capital raises NIS 230m infrastructure fund

The fund is planning to raise more capital through a share offering on the Tel Aviv Stock Exchange (TASE)

Joseph Lubin  photo: Joe Bender ConsenSys takes on Israel

ConsenSys founder Joseph Lubin talks to "Globes" about his vision for Ethereum and its new development center in Tel Aviv.

Shekel-dollar ASAP Creative Shekel pushed further back against dollar

The widening interest rate gap between the shekel and the dollar is weighing on the Israeli currency.

Moran Chamsi  Photo: PR Israeli ASX-listed co HearMeOut halts activity

The company, which developed a voice-based social platform, is laying off all its employees in Israel.

Ron Lauder Photo: Tamar Matsafi Ron Lauder's US fund Searchlight joins race to buy Bezeq

The fund invests in a variety of sectors, including communications and media.

El Al, photo: Sivan Farag El Al launches civilian pilots school in Florida

The new course is designed for Israeli citizens, both men and women, at least 21 years old with matriculation certificates and having no previous flying experience.

Mellanox Technologies Photo: Reuters Mellanox, Starboard close to compromise - report

Reuters says that Israeli chip company Mellanox and activist fund Starboard Value are near agreement on the composition of Mellanox's board.

Yoram Naveh  photo: Tamar Matsafi Clal Insurance names Yoram Naveh CEO

The Capital Market Authority and the trustee for Clal Insurance prefer a CEO with an insurance background.

David (Dudu) Mizrahi photo: Eyal Izhar Dudu Mizrahi returns to Bezeq as CEO

Mizrahi, then CFO, left Bezeq in 2016 in protest at transactions with companies belonging to controlling shareholder Shaul Elovitch.

Teva Photo: Reuters Ammar Awad Negative trial result hardly dents Teva share price

Teva announced that it was discontinuing a trial of  fremanezumab for chronic cluster headache.

Estee Lauder  photo: Reuters Fox negotiating Estee Lauder Israeli franchise

Estée Lauder subsidiary Elcalil already has 25 stores in Israel.

El Al plane Photo: Tamar Matsafi El Al flight disruptions continue over weekend

The rescheduling of flights follows on from a spate of cancellations in the past two weeks.

El Al's fourth Dreamliner Photo: PR El Al flight cancellations multiply

El Al's explanation for the cancellation of this morning's flight to Boston was "operations reasons". Is the summer peak schedule at risk?

Jerusalem light rail Photo: Shutterstock ASAP Creative Jerusalem light rail tender underway

The project for extending the capital's light rail system is estimated at $9 billion, making it the largest-ever PPP project in Israel.

Shekel-dollar ASAP Creative Shekel continues weakening after US rate hike

The US Federal Reserve put the rate up 0.25% and chairman Jerome Powell said there will be two more hikes this year.

Together execs Photo: Matan Naim Together wins Canadian cannabis deal worth at least $75m

The agreement could generate as much as $150 million in annual revenue for the Israeli company.

Acquisition Photo: Shutterstock Pangea buys Israeli co NIP Global for $30m

Herzliya-based NIP Global develops electronic infrastructure for population registries and issuing biometric documents.

Cyber surveillance Photo: ASAP Shutterstock Israel's Zimperium buys US co Mi3 Security

Zimperium has broadened its portfolio of mobile device security solutions by acquiring Mi3 Security's machine learning based application security.

Apple Store, Manhattan  photo: Lucas Jackson, Reuters Azrieli negotiating for first Apple store in Israel

Apple has two official importers in Israel, but no retail store.

Nati Saidoff Photo: PR Naty Saidoff buys Shari Arison's stake in Shikun & Binui

Saidoff is paying NIS 1.1 billion for the 47% holding in the real estate and infrastructure company.

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