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Category: Start Up
Israeli maritime analytics company Windward has announced that American investment fund FTV Capital is acquiring it for $271 million in cash (£216 million). The acquisition, set to close by the end of the first quarter of 2025, reflects a 47% premium on Windward's share price as of the last trading day and a 39% premium over its share price at its December 2021 IPO
Dec 24, 2024
Category: Government
The Israeli Ministry of Defense has signed a multibillion-shekel deal with Israel Aerospace Industries (IAI) to purchase a new stock of interceptors for the country’s Arrow missile defense system. The decision to procure additional interceptors comes after the system faced challenges in intercepting ballistic missiles launched from Yemen in recent weeks, including two significant failures. Despite these setbacks, the Ministry of Defense remains confident in the Arrow system's advanced capabilities and its crucial role in Israel's air defense strategy
Dec 24, 2024
Category: Government
In a shocking act of violence on Friday, Lyudmila Lipovsky, an 83-year-old woman, was stabbed to death in Herzliya, in what Israeli authorities are treating as a terrorist attack. The assailant, a 28-year-old West Bank resident, attacked Lipovsky at the entrance to an assisted living complex on Holocaust Martyrs Street where she lived
Dec 27, 2024
Category: Government
Prime Minister Benjamin Netanyahu underwent a successful prostate removal surgery on Sunday evening at Hadassah Ein Kerem Hospital in Jerusalem. The procedure lasted approximately two hours and was carried out under general anesthesia. The medical team described it as a success. Prof. Ofer Gofrit, Director of the Urology Department at Hadassah, confirmed that the surgery went as planned and that Netanyahu is in stable condition
Dec 29, 2024
Category: Government
Sergeant Yuval Shoham (22) from Jerusalem, an armored fighter in the 9th Battalion of the "Iron Footprints" (401) formation, fell today (Sunday) during a Givati attack in Jabaliya in the northern Gaza Strip. "The child is not us and I am I am I am coming. Yuval Shoham, our dearest beloved in Adam, was killed this morning in the Gaza Strip. Funeral details will be provided later," his family announced
Dec 29, 2024
Category: Politics
Jimmy Carter, the 39th President of the United States and a key architect of the historic Israel-Egypt Peace Treaty, has passed away at the age of 100. His death marks the end of a remarkable life dedicated to public service, diplomacy, and humanitarian work. Carter died peacefully in hospice care on Sunday evening, surrounded by his family
Dec 29, 2024
Category: Hitech
Nvidia has officially completed its acquisition of Run:ai, an Israeli startup specializing in artificial intelligence (AI) software, after months of regulatory reviews. While the terms of the deal were not disclosed, it was initially valued at around $600 million, plus $100 million in retention bonuses for Run:ai employees. With the acquisition now finalized, 100 Run:ai employees will join Nvidia’s team, bolstering the company's ongoing expansion in Israel
Dec 30, 2024
Category: Financial
Delek Group, controlled by businessman Yitzhak Tshuva, has reached a significant agreement to acquire control of Isracard, Israel's leading credit card company, for a reported NIS 3.56 billion. The deal follows a previous agreement between Isracard and Menorah Mivtachim, valued at NIS 3.15 billion, which was ultimately canceled after Menorah chose not to improve its offer
Jan 5, 2025
Category: Government
The Chief Military Defense Attorney’s Office has confirmed a significant increase in the number of defense attorneys providing legal advice to soldiers and reservists regarding investigations related to the ongoing war. This surge in consultations is linked to multiple investigation mechanisms that have been put in place since the conflict began, including internal military probes and external audits
Jan 5, 2025
Lebanese Army Commander Joseph Awan Elected President Amid U.S. Push for IDF Withdrawal from Lebanon
Category: Government
General Joseph Awan’s election as Lebanon’s new president marks a significant turning point for the country, ending a political deadlock that had lasted more than two years. His rise to power, supported by the United States, Saudi Arabia, and several Arab countries, is expected to prompt increased pressure on Israel to withdraw its forces from southern Lebanon by the end of January, as stipulated in a ceasefire agreement
Jan 9, 2025