Israeli climate tech startups meet French industrial giants
The Israeli ClimaTech Paris Summit brought sixteen Israeli companies with technologies designed to combat climate change to Paris. If it were solely up to the indefatigable Dan brothers, Yossi and André, and their small company Challengy, Israeli technology innovation would be a big part of the French business mainstream.. As has been mentioned in …
eToro aims at $5b IPO valuation - Globes
In March this year, it was reported that eToro was gearing up for a flotation, after it raised money at a valuation of $3.5 billion in 2023. The revised valuation is based on an expected rise in profits.
Israel's forex reserves back on the rise - Globes
Israel’s foreign exchange reserves at the end of November 2024 rose to $217.1 billion, an increase of $1.026 billion from their level at the end of October, the Bank of Israel reports.
Tax Authority confirms higher vehicle tax rates for 2025
2024年12月12日 · The upshot is that all car types will become thousands, or even tens of thousands, of shekels more expensive in the new year. In line with the Ministry of Finance’s earlier announcement, the Israel Tax Authority officially announced today that the rate of purchase tax on electric vehicles will be 45% from January instead of the current rate of 35%.
No lower Israel-US airfares on the horizon - Globes
Plans by Israeli tech leaders to charter planes and crews for flights to the US have not yet moved forward, while Israir and Arkia look unlikely to launch flights to New York any time soon.
Globes - Israel Business News
Business news and analysis from Israeli financial daily “Globes”, covering the economy, finance, information technology, healthcare, defense, real estate, and more, updated throughout Israel's working week.
Why Israel's stock market is ignoring economic forecasts
Profit Finance deputy CEO Amir Kahanovitz: We’re seeing the market repeating the way it has been in past security events. The metrics of the Israeli economy present a picture that seems incongruous with the uncertainty created by security events.
November CPI fell further than expected - Globes
2024年12月15日 · While inflation is falling in Israel, housing prices are back on the rise, the Central Bureau of Statistics reports. Israel’s Consumer Price Index (CPI) fell 0.4% in November, more than expected with analysts predicting a 0.2%-0.3% fall, after the CPI rose 0.5% in October. In the twelve months to ...
Israeli startup Astrix Security raises $45m - Globes
The Tel Aviv-based company is redefining identity security for the AI era. Israeli cybersecurity company Astrix Security has announced the completion of a $45 million Series B financing round led by Menlo Ventures (through the Anthology Fund - a strategic partnership with Anthropic) with the participation of Workday Ventures, as well as …
New surtax targets Israel's wealthiest - Globes
2025年1月1日 · "Globes" explains who will pay the new 'rich tax,' which the Ministry of Finance hopes will help narrow the fiscal deficit. Families in the top 0.01% in Israel in terms of wealth will pay on average an extra NIS 300,000 in surtax in 2025, according to calculations based on the Ministry of Finance's forecasts for a new law, which came into effect on January 1 and seeks to enlarge tax collection ...