Arkia employees seek alternative investor to block sale
The Arkia airline workers' union has been given a three-day deadline to find a competing bid in an attempt to block the sale of the company to the Nakash brothers.
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The Arkia airline workers' union has been given a three-day deadline to find a competing bid in an attempt to block the sale of the company to the Nakash brothers.
According to the Prime Minister's Office, Israel's strong economy allows it to phase out US assistance, fulfilling a 1996 pledge by Benjamin Netanyahu.
Bezeq reports mixed quarterly results, including a decline in internet and cellular subscribers alongside a rise in profits for its subsidiary.
Delta Brands reported a drop in profits following European expansion, while ICL maintained stability despite rising production costs.
MK Liran Avishar Ben-Horin is set to become the first woman to chair the Knesset Finance Committee, a move sparking debate over potential conflicts of interest.
Sonol, Afcon, and Pantellite have announced a joint venture to build a power plant and a data center with an investment of approximately 4 billion shekels.
Pelephone has signed an agreement to acquire the company Wycom for 265 million shekels.
Froneri Israel, the manufacturer of Nestlé ice creams, announced a price increase of up to 6.8% across various products.
Reports indicate another wave of price hikes in the food sector, affecting Nestle products and popular winter sweets.
The Ministry of Energy has granted Murphy and Ratio six gas exploration licenses, two years after the departure of the Italian energy giant Eni.
Shares of the Israeli software company JFrog surged 35% in a single trading day after the firm reported results that exceeded analyst expectations.
The rating agency kept Israel's credit rating at A with a stable outlook, six months after the previous review.
Israir's CEO has confirmed that the company is in negotiations to acquire Arkia, while the Israel Airports Authority workers' committee is also exploring a potential purchase.
The Prime Minister's Office has confirmed a transition to a partnership model, following reports regarding the halt of U.S. security aid.
US political figures warn that shifts following the midterm elections may jeopardize the sustainability of financial aid to Israel.
Investments in Israeli defense-tech are projected to reach $1 billion in 2026, driven by global demand for combat-proven technologies.
Israel is expected to require an additional $10 billion after the military aid agreement expires in 2028, following weapons orders that exceed the agreed framework.
Banks in Israel are now authorized to stop sending physical mail to customers without requiring prior consent.
Starting at midnight, a liter of 95-octane gasoline will cost 7.85 NIS following the Finance Minister's decision on excise tax reductions.
Nice has announced a reduction of approximately 500 positions, a decision that led to sharp declines in its stock price on the Tel Aviv Stock Exchange.
Renewable energy company Enlight released its third-quarter results, showing $231 million in revenue and a revised financial outlook.
Eitan Madmon has announced the end of his eight-year tenure, following a failed removal attempt that prompted an investigation by the Competition Authority.
Israel Discount Bank is preparing a new tender to sell credit card company Cal following the expiration of an agreement with Union-Harel, seeking a regulatory extension.
Roni Garfunkel leaves after seven years in office amid internal committee disputes and an ongoing labor conflict.
The price of 95 octane fuel will fall by NIS 0.42 on November 1, while the Finance Ministry weighs extending tax relief ahead of a potential sharp hike.
Tel Aviv indices erased October gains and the shekel slid as election uncertainty and fears of political paralysis rattled markets.
The former government agency chief will lead Yitzhak Tshuva's energy partnership, which holds a 45% stake in the Leviathan natural gas field.
The US dollar and euro weakened against the Israeli currency as markets weighed high participation at the polls.
Israelis took advantage of the election day holiday to shop, with credit card spending jumping by tens of millions of shekels compared to the previous election.
Real estate developer Aura is expanding into senior living with the full acquisition of Beit Bakfar from the Bluestein family.
Strauss is set to acquire PepsiCo's stake in the salty snacks joint venture as the US giant steps back from the Israeli market.
The Ramle Magistrate's Court sentenced Avner Alok to prison and a fine after convicting him of tax offenses totaling approximately 5.75 million shekels.
Senior Israeli economists warn that Prime Minister Netanyahu's proposal to use digital currencies to circumvent potential sanctions could inflict severe damage on the economy.
The Bank of Israel rejected Prime Minister Netanyahu's proposal, clarifying that cryptocurrencies cannot be used to bypass sanctions.
Senior economists warn against isolation from global finance as ministries deny knowledge of any plan to use crypto against banking sanctions.
The prime minister said Israel must prepare for potential Western sanctions and pointed to blockchain technology as a possible alternative.
Eyal Rosen, former executive of public company Gibuy Holdings, has been extradited from Portugal to Israel on suspicion of embezzlement, money laundering, and misleading investors.
The monetary committee paused rate cuts amid upcoming elections and regional security tensions.
Israel's government approved across-the-board budget cuts to civilian ministries to fund defense purchases ahead of the election.
A forum of 61 senior economists warned that settler violence and settlement expansion could trigger European sanctions and inflict heavy economic damage on Israel.