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After extensive negotiations spanning over a year with both Airbus and Boeing, El Al Airlines, controlled by the Rosenberg family, has decided to exclusively negotiate with Boeing for its new aircraft fleet. The decision marks a significant milestone for the company, leading to the largest strategic agreement in its history. Boeing Deal Details El Al plans to purchase and lease approximately 30 Boeing 737 Max narrow-body aircraft, with an estimated value of $2-2.5 billion. Deliveries are expected to commence in 2027 and span several years, rejuvenating and expanding the airline's...

US State Department declared on Wednesday that Israel has been officially accepted into the Visa Waiver Program. This historic announcement has been eagerly awaited by many Israelis, giving rise to both anticipation and inquiries. Under the new regulations, Israeli travelers intending to visit the United States will need to register online through the US government's Electronic System for Travel Authorization (ESTA). ESTA is an automated system designed to determine eligibility for entry into the US under the visa waiver program. Applicants will be required to complete an online...

Teva is stepping up the pace of arrangements to resolve lawsuits hovering over its head regarding its involvement in the narcotics (opioid) painkiller affair, which has resulted in the deaths of 500,000 Americans in the past 20 years. Teva, which is managed by Kor Schultz, has reached an agreement with the Attorney General of the State of Florida and all the arms of the administration, which will settle all the lawsuits filed by the administration against Teva in the opioid case. Under the arrangement, Teva will pay Florida $ 177 million over 15 years, and will provide Florida with the...

The European Union's budget program for innovation development is expected to introduce innovations that could harm the research budgets of Israeli high-tech. This is a new outline for the Horizon Europe program, the Horizon 2020 sequel. The new plan was submitted two weeks ago to the European Parliament, and includes new emphasis on allocating a research and development budget of about 100 billion euros for the years 2027-2021

Almost half a year: the demonstrations against the legal revolution across the country are entering the 25th week. The leaders of the resistance said on Saturday that they are "increasing their gear towards another round of struggle in the end the coup attempt will be stopped again". The organizers called on the public to take to the streets "in order to send a clear message to the Israeli government that the legislation will not pass." Former Prime Minister Ehud Barak, Attorney Dafna Holtz Lachner, and Dr. Amir Hanifs from the Druze protest will speak at the demonstration in Tel Aviv. The...

Egged announced that it won the public transportation cluster in the area surrounding West Jerusalem. The shares of the Keystone Fund, the controlling shareholder of Aged (60%), rose by 1.2% with the publication of the announcement on the Tel Aviv Stock Exchange. Egged won the Eshkol to operate intercity bus lines between Bnei Brak and Jerusalem, Rosh Ha'Ein to Jerusalem, Petah Tikva to Jerusalem and urban and suburban lines in the western outskirts of Jerusalem (Mebasheret Zion and Givat Ze'ev). The company estimates that the revenues resulting from the operation of the cluster will reach...

Seagate a leading manufacturer of storage and data management solutions in the world, officially opening the Lyve Labs Innovation Center in Israel. The goal of Seagate Lyve Labs in Israel is to collaborate with high-tech companies and enable innovation through simple, secure and effective means of working with databases and large amounts of data. This giant international initiative will enable the smooth flow of information across various systems and optimize their business value in-flight as well as at-rest

As the fifth week of fighting continues in the region, Israel is facing a high level of uncertainty on the military front, while the home front shows signs of adjusting to a new normal. Despite the ongoing conflict, there has been a notable increase in credit card purchases in the past two weeks, although they remain approximately 20% lower than pre-war levels. Traffic on the roads has also resumed with a partial return to school

The Knesset plenum approved the extension of the state of emergency that was declared in Israel upon the establishment of the state, and has been extended repeatedly since then. With the declaration of a state of emergency in 1948, it was not precisely defined what such a state was. Extending its validity has two main consequences: authorizing the government to establish emergency regulations that can override Knesset legislation; and the authorization of the Knesset to enact laws that depend on the validity of a state of emergency

Good news for Enlivex, which is traded on the stock exchange at a value of NIS 394 million. The company achieved positive intermediate results in a Phase 2 clinical trial in corona patients in a difficult and critical condition, which they treated using the drug Allocerta. Of the eight corona patients who were recruited for the trial, six in critical condition and two in critical condition, seven fully recovered and were discharged from the hospital after less than five days on average from the date of treatment. The eighth patient who was recruited in a critical condition for drug...