Strauss Group is selling its 50% stake in Sabra Dipping Co. and PepsiCo-Strauss Fresh Dips & Spreads International GmbH (Obela) for $243.8 million, reflecting its strategy of focusing on core activities.

Innovid is merging with Flashtalking, owned by Mediaocean, at a valuation of $525 million, turning it back into a privately-held company. The deal represents a 94.4% premium on the closing price of Innovid shares and is at a price that Innovid has not seen for over two years.

The main indices on the Tel Aviv Stock Exchange rose today, but the week ended negatively with the Tel Aviv 35 Index falling 0.3%.

The ICC has issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former Minister of Defense Yoav Gallant, leading to concerns about diplomatic ties and arms sales to Israel.

Mizrahi Tefahot Bank reports a 30% increase in Q3 net profit and the highest return on equity among Israeli banks. The bank will distribute a dividend of 40% of third quarter profit.

SolarEdge Technologies is seeking tenants to sublet part of its new campus in Glilot as it faces financial difficulties and strives for stability.

Israeli cybersecurity company Cyera has raised $300 million in a Series D financing round, bringing its valuation to $3 billion. The company has also recently acquired Trail Security for $162 million.

Office space in Rishon's Eleph project has been rezoned for housing, with 113 small apartments to be constructed instead.

El Al Israel Airlines has reported a net profit of $187 million for the third quarter, a significant increase from the previous year.

The Tel Aviv Stock Exchange closed higher after a late rally, with Elbit Systems seeing a jump in its stock price.

Odysight.ai will integrate its visualization systems into NASA's future aerospace vehicles to monitor integral components and detect damage during takeoff.

Tesla's market share in Israel has been declining despite being the only manufacturer with direct marketing. Factors such as limited model offerings and competition from Chinese electric vehicles have contributed to its struggles.

Bank Leumi reported a 30% rise in Q3 profit to NIS 2.3 billion, driven by growth in its mortgage portfolio and reduced credit loss expense.

The Tel Aviv Stock Exchange fell, but the BlueTech Global Index rose. Turnover in equities and bonds was significant. The Bank of Israel set lower representative shekel-dollar and shekel-euro rates.

Bladeranger has signed a framework agreement with Electra for the cleaning of solar energy fields using drones, estimated to generate around NIS 1 million in revenue.

Housing prices in Israel have fallen, indicating a potential downward trend in the real estate market. The rise in prices has moderated in recent months, and buyers are seeking more affordable homes. Financing incentives and discounts offered by developers have reached a limit, leading to a decline in sales of new apartments. Jerusalem has seen the largest decrease in prices, with buyers preferring smaller apartments.

The Tel Aviv Stock Exchange closed flat today, with the banks gaining strongly while chip companies Nova, Camtek, and Tower weighed on the market.

Israel's Q3 growth figures show unexpectedly robust 3.8% growth, on an annualized basis, with positive trends in business output and private consumption.

Recent real estate deals in Israel include the sale of apartments in various cities.

Greece is negotiating with Israel to develop its own Iron Dome air defense system for €2 billion ($2.11 billion) to enhance its military capabilities and counter the threat from Turkey's 'Steel Dome' project.

The Tel Aviv Stock Exchange saw a decline in the main indices today, led by Nice and the banks. However, the Tel Aviv 35 Index closed the week with a 1.7% increase.

Housing sales in Israel showed a slight increase in the third quarter of 2024, but remain below average. Jerusalem had the highest number of housing deals, followed by Tel Aviv and Haifa.

Bank Hapoalim will start charging fees on its Bit app for customers who receive more than NIS 25,000 in a year, affecting only a small percentage of users.

Israir and Arkia are in talks to launch flights between Israel and the US, aiming to break El Al's monopoly and lower fares. Challenges include finding suitable aircraft and amending the law to protect airlines from lawsuits.

Alliance Tires in Hadera, owned by Yokohama Rubber, is facing layoffs and possible closure due to rising costs and the search for cheaper production alternatives.

The Bank of Israel briefed financial service companies on defending against an imminent cyberattack by Iran's Anonymous for Justice group. Israeli officials believe the attack will most likely be a DDoS attack against financial systems. The National Cyber Directorate is working to thwart or reduce potential damage.

SPAR's plans for a store in Beersheva, Israel have been canceled, leaving the Kfar Saba store as the only branch. Talks for outlets in Tel Aviv are ongoing.

Israel's Ministry of Defense has signed a deal with Boeing to procure 25 F-15IA fighter jets for $5.2 billion, to be paid for out of US military aid. The agreement also includes an option to buy an additional 25 jets. Questions have been raised about the extent of US military aid and Israeli involvement in the project. Delivery of the jets is set to begin in 2031, raising questions about payment and the nature of the deal. The agreement also includes an option to purchase an additional squadron.

Over 1,000 employees have left Intel Israel as the company faces a liquidity crisis and implements a global streamlining plan.

The Tel Aviv Stock Exchange experienced a decline, but ICL and Next Vision saw positive results while Sapiens faced challenges.

Teva's share price has jumped almost 80% this year, analysts remain bullish on the company due to positive results and upcoming trial results for an Anti-TL1A drug.

Israel's fiscal deficit narrows after 18 months of rises.

J.P. Morgan has cut Israel's growth forecast for 2024 and 2025 due to a recent downshift in activity data and new downside risks to global growth.

Amazon and Google are vying for Israel's supercomputer tender, which will be used for training language models in the tech industry and academia.

Venture capital investor Dovi Frances is set to become an advisor to the new AI directorate being established by the Israeli government. The initiative, which is separate from the Israel Innovation Authority, has already received funding and will focus on various sectors including health and education.

Bezeq is selling its subsidiary Bezeq Online to One Software Technologies for NIS 50 million as part of its focus on the group's core business.

The shekel has strengthened against the dollar and euro, defying the trend of the US dollar gaining strength after Donald Trump's election win.

Israel signs $5.2 billion deal with Boeing for 25 advanced F-15 fighter jets, to be delivered from 2031.

Tel Aviv Stock Exchange indices reach new records and the shekel strengthens following Trump's victory in the US presidential election.

The State Comptroller in Israel has criticized the Tax Authority for not effectively collecting taxes from the cryptocurrency market, resulting in a loss of NIS 3 billion in potential revenue.

Foreign airlines in Israel are requesting a legal amendment to suspend compensation requirements for canceled flights during the state of emergency, arguing that the current law is not suitable for prolonged emergency periods and causes financial losses.

Transport Minister Miri Regev and Finance Minister Bezalel Smotrich have reached understandings on the state budget, including the imposition of a congestion charge in the Tel Aviv area and future budgeting for a railway to Kiryat Shemona, despite opposition from Regev.

The Ministry of Defense is selling 19 apartments around Israel to buy homes for army officers and those entitled to a home from the Ministry of Defense's Rehabilitation Unit.

The 2025 budget in Israel includes higher National Insurance contributions, mainly impacting low-income earners. The plan will result in additional payments for employees, the self-employed, and the unemployed, while working couples and families will face higher amounts. National Insurance payments will be linked to the Consumer Price Index, benefiting those with low incomes. Students and haredi yeshiva students will be least affected by the increase.

Azrieli Group has made a bid to acquire control of real estate company ZMH Hammerman at a valuation of NIS 635 million.

Menora Mivtachim Holdings has agreed to acquire a controlling stake in Isracard, valuing the credit card company at NIS 3.15 billion.

The Tel Aviv 35 Index rose 3.3% in October despite intense fighting on Israel's northern border and an Iranian missile attack.

The Paris Commercial Court has ruled that Israeli companies can exhibit at the Euronaval event, overturning a ban by the French government. The ban was claimed to harm Israeli companies' ability to participate and compete in the European defense market. Israeli companies will participate without a stand or pavilion.

El Al's pilots are set to receive significant bonuses as the airline experiences record profits amid a lack of competition.

El Al Israel Airlines has withdrawn its bid to buy control of credit card company Isracard due to time constraints and extensive due diligence process.

Spain cancels $7m arms purchase from Israeli company following public pressure, worsening relations between the countries and impacting Israel's image in Europe.

The Competition Authority has fined Strauss Group NIS 111 million for an unauthorized merger with Wyler Group, which harmed competition. Strauss Group plans to appeal the decision.

Investors in Electreon Wireless have seen big gains as the share price of the Israeli smart road company has risen 662% since December 2022. The company, which develops technology for charging electric vehicles, has a market cap of almost NIS 2.8 billion. Electreon has recorded revenue of NIS 19 million in the first half of this year, but still posts losses due to heavy expenditure on research and development.

The Tel Aviv Stock Exchange saw gains today, with the TA 35 Index reaching a new record high.

Israel's high transfer payments and growing public holdings of liquid monetary assets could lead to inflation as pent-up demand is released.

Check Point Software Technologies met expectations in its final quarter under CEO Gil Shwed, with Q3 2024 revenue of $635 million and earnings per share of $2.25. Shwed will step down in December and be replaced by Nadav Zafrir.

The shekel strengthened after Israel's attack on Iran eased market concerns about escalation.

Elbit Systems rises on Ministry of Defense deal, Tel Aviv Stock Exchange sees gains, and foreign exchange rates decrease.

The Israeli Ministry of Defense has signed a NIS 2 billion deal with Rafael and Elbit for the production of Iron Beam, a laser interception system.

Intel employees in Israel are joining rival Nvidia as the company expands in the country.

The IMF has reduced Israel's growth forecast, expecting a slow recovery after the war with real growth projected at 0.7% in 2024.

Israel has launched attacks on Hezbollah's financing pipeline, targeting the Al-Qard Al-Hassan banking association, which could cause panic among the Shia population and lead to severe damage to the organization.

British Airways cancels Israel flights until March 2025, while Lufthansa Group extends cancellation until November 10. Greek carrier Blue Bird and Spanish carrier Air Europe resume flights to Israel.

The price of olive oil in Israel has jumped by 39% this year, more than any other food product, due to a severe drought and a hot summer that left trees dehydrated and led to an extremely poor olive harvest in Israel as well as globally, doubling prices worldwide.

Former SodaStream CEO offers $100,000 reward for living Israeli hostage from Gaza, amid reports of IDF flyers stating 'Hamas no longer controls Gaza'.

The shekel is appreciating sharply after the killing of Hamas leader Yahya Sinwar, but analysts warn that the positive effect may fade without diplomatic progress. Economists are uncertain about the impact on the forex market and stock exchange. Analysts expect a significant improvement in the Israeli economy following the death of Sinwar. An easing in the security situation could lead to a decrease in inflation and a possible interest rate cut by the Bank of Israel.

Hamas leader Yahya Sinwar was killed in a firefight with Israeli troops in the Gaza Strip. Efforts are underway to confirm his identity.

Meitav Investment House economist Alex Zabezhinsky is optimistic about the Israeli economy, citing positive market indicators and downplaying the impact of the war in Lebanon. However, other analysts caution against excessive optimism and highlight the challenges facing the economy.

Rafael will unveil unmanned air defense systems and showcase the improved capabilities of its Trophy active protection system at the AUSA annual meeting and exposition.

Menora Mivtachim has made a bid to acquire Isracard at a valuation of NIS 3.1 billion, lower than previous bids. Other parties are also interested in acquiring Isracard.

Israel's fiscal deficit has widened for the 18th consecutive month, reaching 8.5% of GDP or NIS 165.8 billion for the twelve months ending in September.

Phoenix CIO Hagai Schreiber and Apollo Asset Management Europe partner Eric Lhomond discuss the advantages of private assets and the potential for higher returns in the private market.

Patrick Drahi has acquired the Tel Aviv Mandarin Oriental project in a deal worth NIS 900 million. The project includes a hotel, apartment building, commercial space, and a public building for marine activities. Drahi, who owns Altice, has made several notable acquisitions in recent years.

Mizrahi Tefahot Bank is lending NIS 410 million to Anan Data Centers for the construction of a server farm near Kibbutz Tsor'a. The consortium behind the venture includes singer Omer Adam's PAI, the Melul brothers' Europe-Israel Investments, and Nessim-Sariel Gaon's Lian Group.

The Israeli Ministry of Finance has proposed tax changes that could increase costs for homebuyers and owners of multiple apartments. The measures include freezing purchase tax brackets, adding a surtax for owners of more than one apartment, and freezing the tax exemption ceiling for rental income.

Shay Aharonovich, Director of the Israel Tax Authority, discusses tax measures to pay for the war and expresses support for abolishing the NIS 200 bill. He emphasizes the magnitude of the crisis and the need for increased spending and tax revenue.

The EU has reiterated its recommendation for airlines to suspend flights to Israel until October 31 due to concerns about the military confrontation between Israel and Hezbollah. Several European airlines have extended their cancelations, while others are still operating flights to and from Israel.

The Tel Aviv Stock Exchange fell today, with ICL and Energean leading the declines.

Moody's downgrades Israel's credit rating due to lack of war exit strategy and internal political risks, presenting worrying forecasts for economic growth and fiscal position.

Compulsory purchases for the Metro in Israel will cost over NIS 10 billion, making it the largest ever undertaken in the country. Thousands of properties will need to be acquired for the construction of the three Metro lines, with about 200,000 compulsory purchase notices to be issued.

Tech salaries in Israel have increased, but the number of share options offered to employees has decreased, according to research by IBI Capital.

European airlines are still flying to Israel and offering affordable fares, with Bucharest being the best option for cheap tickets.

Israeli startups raised $7.22 billion in the first nine months of 2024, up 32% from the previous year, according to IVC-LeumiTech. Despite the war, investments in startups remained strong, with the third quarter of 2024 seeing a 5% increase in investments compared to the same quarter in 2023. However, the amount raised and the number of financing rounds were lower than the preceding quarter.

Gideon Sa'ar joins the government as Minister without Portfolio and a member of the security forum, increasing the government's majority to 68 seats in the Knesset.

Tech employees in Israel prefer to live in Tel Aviv, particularly in the central and northern parts of the city, according to research by real estate website Madlan.

Multiple apartments in different cities across Israel have been sold for varying prices, as reported by the Israel Tax Authority website.

Minister of Finance Bezalel Smotrich responds to Moody's downgrade of Israel's sovereign rating, promising a responsible budget and emphasizing the strength of Israel's economy.

Moody's downgrades Israel's sovereign rating, leading to higher taxes, higher prices, erosion of wages, and harm to savings and pensions. The downgrade will also make it more expensive for the Israeli government to raise new debt and may harm the performance of pension funds.

Shopkeepers and businesses in Israel are refusing to accept NIS 200 bills, and there has been a surge in people exchanging these bills for foreign currency amid fears of their abolishment by the government.

Despite escalating conflict with Hezbollah, the Israeli shekel remains stable and the Tel Aviv Stock Exchange continues to rise.

Lufthansa Group and three other airlines have suspended flights to Israel, joining a growing list of carriers that have cancelled services due to security tensions.

Israel's Ministry of Finance has proposed higher taxes and other measures to narrow the fiscal deficit, including taxation of advanced study funds, cuts in pensions, and reducing tax benefits on electric vehicles.

The Israeli government's housing plan for 2025 includes evacuating IDF bases, moving the Volcani Institute, reducing the Mikveh Israel agricultural school, and implementing 'mega roof agreements' to increase housing supply.

Multiple apartments were sold in various regions of Israel, with prices ranging from NIS 540,000 to NIS 5 million.

Playtika is acquiring SuperPlay for up to $1.95 billion, with the deal expected to be completed in Q4 2024.

Israeli startup Mine has appointed five top executives to its leadership team to drive its expansion and development of cutting-edge technologies.