Investment

Leumi Partners and Shestovitz Properties acquired NIS 670M in Profit Finance Group, which manages NIS 100B. Founders Elberg and Banai retain control after a massive valuation leap since 2021.

When the Israelites left Egypt, they carried more than gold and silver. They carried a new financial reality. After generations of limitations, they stepped into a future where growth was possible.

The move comes as the infrastructure intelligence company expands its municipal, critical infrastructure, and defense-related activities in Israel and North America.

Cleaning your house while your kids are still growing up is like shoveling the walk before it stops snowing.

Founded in 1962, Elron invests in sectors including cybersecurity, medical devices, and enterprise software, and has recently increased its focus on technologies tied to security and defense.

The report counts 502 active companies operating in Israel’s Retail & Commerce space, representing 7.05% of the country’s 7,125 startups.

The proposed deal would place control of the broadcaster in the hands of the Merit Foundation, backed by Israeli high-tech entrepreneurs, pending regulatory approval.

"Modern invention has banished the spinning wheel, and the same law of progress makes the woman of today a different woman from her grandmother." - Susan B. Anthony

Israel’s adaptable economy makes it a compelling long-term bet, with seasoned hedge fund manager Ron Senator explaining why investors are still betting on Israel regardless of the war.

The investigation found that a loan of some £36 million was granted to Khamenei in 2013 through TOPLAND, founded by Israeli brothers Sol and Eddie Zakai.