Popular Articles
Category: Hitech
Nova, which develops measurement solutions for chipmakers, is expanding into another field and increasing its potential market. Nova, under the management of Eitan Oppenheim, has signed a binding agreement to acquire the German company Ancosys for $ 100 million in cash, including a payment of $ 10 million contingent on the performance of the acquired company. Nova estimates that the transaction will be completed in the first quarter of 2022 and it is expected to increase its profit on a non GAAP basis within 12 months of its completion. Ankosis is a private company headquartered in...
Nov 17, 2021
Category: Hitech
In a strategic move that underscores the growing synergy between fintech and cybersecurity, Verifone, a prominent player in the fintech sector, has announced its collaboration with Check Point, a renowned Israeli cybersecurity company. The partnership centers around Verifone's cutting-edge monetization platform, CheckOut2, which Check Point has chosen to market and sell its extensive range of online courses and training modules focused on information security and cyber awareness to organizations worldwide
Aug 29, 2023
Category: Government
In his first public comments since the fall of the Assad regime in Syria, Hezbollah Secretary-General Naim Qassem spoke on Saturday evening, addressing the Lebanese terrorist group's position amid recent regional developments. Qassem acknowledged that while Hezbollah has faced significant challenges, including the loss of its weapons supply route from Iran through Syria, the group remains resolute in its mission
Dec 14, 2024
Category: Hitech
Israel dropped from 5th place to 7th place in the global artificial intelligence ranking published by Tortoise Media, after Singapore and South Korea overtook it. Although even after the drop, Israel is still in a very high place in the world ranking, but the drop reinforces the fears that the lack of government investment in infrastructure and academic research may cause Israel to lose its lead - and open a gap with other countries in the field of artificial intelligence. Tortoise Media's AI Index report presents a ranking that represents the 62 countries leading the global artificial...
Jun 28, 2023
Category: Financial
Last week, a groundbreaking achievement marked the inauguration of Israel's largest floating solar project, situated atop water reservoirs in Kibbutz Ma'ayan Zvi near Zichron Ya'akov. This ambitious endeavor, spearheaded by the Carmel Coast Water Association, in collaboration with Tralight and Synergy, boasts a remarkable capacity of 31 megawatts. With a total estimated cost of approximately NIS 130 million, this initiative is poised to reshape the country's renewable energy landscape.
Sep 10, 2023
Category: Capital Market
Israel’s government posted an unexpected improvement in its fiscal position: the 12-month deficit through November fell to 4.5% of GDP, a drop of 0.4 percentage points compared to the level recorded in October. The update comes as the government simultaneously approved an increase in the 2025 deficit ceiling to 5.2%, reflecting broader fiscal pressures
Dec 8, 2025
Category: Government
The new government has not yet been formed and the wave of prices is already being felt in Israel. The price increases are mainly reflected in the supermarket: egg prices will rise by 6.5%, according to the joint price committee of the Ministries of Finance and Agriculture. This is an increase of 6.25 agorot (the Israeli cent) for a large-sized egg (L) and 75 ag, an addition to a mold of a dozen eggs, which will cost from NIS 11.30 to NIS 12.05. This size makes up 50% of the market. The price of a mold of a dozen eggs of medium size (M) will increase by 75 ag from NIS 10.40 to NIS 11.15,...
Jun 9, 2021
Category: Communication
In the next five years, the Ministry of Transportation will invest about NIS 1 billion in the network of public transportation routes and bicycle paths in Netanya. This was announced by Minister of Transportation Merav Michaeli and Netanya Mayor Miriam Feierberg, after signing the agreement. The project will be completed only in 2027. In the coming year, the Ministry of Transportation and the municipality will complete the preparation, and only then will the actual work begin. The Ministry of Transportation was proud today that Netanya will be the first city in Israel to offer maximum...
May 17, 2022
Category: Hitech
Google acquires the Israeli cyber company Simemplify for an estimated amount of hundreds of millions of dollars. A little while ago Google issued an official announcement about the deal. According to the announcement, Simplify will join the Google Cloud security team, "to help companies deal more successfully with cyber threats." This is Google's largest acquisition in Israel since it acquired Waze for $ 1 billion, and the first time it has acquired a company in the cyber field - which indicates its intention to establish an activity in the field of information security here for the first...
Jan 4, 2022
Category: Hitech
The Israeli astronaut and businessman Eitan Steva, along with members of the AX-1 mission team Dragon, landed on Earth off the coast of Florida. The exciting moment of landing was preceded by a number of stages, when the process of disconnection from the International Space Station began at 03:55 (Israel time). Steva has been in space since April 8, completing a total of 17 days in space, 16 of them at the International Space Station. Just before entering the atmosphere, the spacecraft's crew compartment separated from the service cell (which includes the solar panels) and activated its...
Apr 25, 2022
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