Mekorot raises NIS 1.75 billion after bond offering draws NIS 3 billion in demand
Mekorot Chairman Moshe Shimoni, "The fundraising will allow Mekorot to continue its critical investment program for developing Israel's water sector."
Business & Innovation
Intel, Startup Nation Central name three Israeli start-ups as Edge AI Tech Challenge winners
Former Austrian chancellor Kurz's Dream hits $3b. valuation in AI funding round
Valued at $250 billion: Tel Aviv ranks fourth among world cities
Bitcoin is recovering, and with it the entire crypto market
The popular digital currency climbs to $65,800. Is the market on its way to a renewed rally, or is this a trap for investors?
Whining about the cost of living, continuing to wear Nike and Adidas
The Israeli consumer cries and pays, pays and cries, and simply refuses to give up on the big brands. Are we suckers or simply loyal?
Musk and Altman are generating the future: The trillion dollar IPOs that will erase Europe
Next generation technology infrastructure companies are going public and becoming liquidity magnets. The financial drama will stream billions into Israeli high tech as well, but it will harm Europe.
The BTL plant in Nahariya will close and 450 employees will be laid off
Following the negotiations, it was decided to keep two departments open, but for hundreds of families in the north it is too little, too late.
Israel’s largest electricity consumer changes direction: Mekorot to advance power plant development
National water company Mekorot launches strategy to build small power plants nationwide to secure independent energy for water pumps and ensure supply continuity.
"Young people reduced digital purchases. We stopped exciting them. They are going to the mall"
At the Go E-Commerce conference, senior figures in the e-commerce industry outlined the future of the market in light of the AI revolution and uncertainty.
Nvidia stunned Wall Street with a massive fundraising round
The chip giant launched its first bond issuance in 5 years with the goal of raising 20 billion dollars – but the insane demand reached 85 billion dollars and shattered the plans.
Despite a decline in apartment sales – BST enters the stock exchange with a dramatic move
The BST construction group published a prospectus for an initial public offering on the stock exchange, with the intention of raising NIS 350 million at a valuation of up to NIS 3 billion.
Customers complained – and the rules changed: This is how bank credit fees were reduced
Following customer complaints – Discount Bank reduced the tariff for credit and check handling fees.
End of tax exemption: Tax Authority move will cost property owners dearly in Israel
The move was formulated by the Finance Ministry led by Budget Commissioner and Chief Economist due to rising spending and need for revenue. Next government will approve a two-year budget in 2027.
