Author: Globes correspondent

[ad_1] The Tel Aviv Inventory Trade fell at present. The Tel Aviv 35 Index fell 1.72%, to 1,941.70 factors; the Tel Aviv 125 Index fell 1.59% to 1,975.62 factors; and the BlueTech World Index fell 0.29% to 431.67 factors. The All Bond company bond index fell 0.04% to 379.00 factors. Turnover totaled NIS 2.48 billion in equities and NIS 4.08 billion in bonds. On the overseas trade market, the Financial institution of Israel set the consultant shekel-dollar price down 0.429% from Wednesday, at NIS 3.716/$, and the consultant shekel-euro price was set 0.291% larger at NIS 4.035/€. Financial institution…

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[ad_1] The Commissioner of the Privateness Safety Authority Adv. Gilad Semama advised a convention earlier this month, “For the reason that starting of the Swords of Iron Conflict, we see a rise by thrice in critical cyberattacks in opposition to Israeli corporations. Even earlier than the struggle, the information safety observance in corporations was not satisfying, and subsequently corporations and organizations should give extra emphasis on compliance with the Privateness Safety Legislation and laws (knowledge safety), as is related on the present time. An organization that doesn’t safe its knowledge and doesn’t adjust to the provisions of the privateness…

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[ad_1] Minister of Finance Bezalel Smotrich reacted this night to the choice by worldwide ranking company Moody’s to downgrade its sovereign ranking for Israel from A1 to A2, with a destructive outlook. “Israel’s financial system is robust by each measure. It may help all the conflict effort, on the entrance and at residence, till the victory that will probably be achieved with God’s assist and with the heroism of the fighters, and return to a observe of accelerated progress. RELATED ARTICLES After Moody’s downgrade, requires revised funds Moody’s…

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[ad_1] The lake has risen 14.4 centimeters over the previous 24 hours alone and is 1.855 meters from its most degree of 208.80 meters beneath sea degree, in accordance with the Kinneret Authority. After the heavy rains of the previous week, the Kinneret (Sea of Galilee) is filling up very quick. The lake has risen 14.4 centimeters over the previous 24 hours alone and is ending January 1.855 meters from its most degree of 208.80 meters beneath sea degree, in accordance with the Kinneret Authority. There would nonetheless have to be way more heavy rain over the…

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[ad_1] Irish low-cost service Ryanair has introduced the resumption of flights to Israel from February 1. The airline cited the easing of European Union Aviation Security Company (EASA) steering about flying to Israel and the resumption of flights by different European carriers, “Reuters” experiences. The service, which canceled all flights to and from Israel following the Hamas atrocities on October 7, will function a lowered schedule, with flights between Tel Aviv and Marseilles, Milan, Vienna, Memmingen and Baden Baden/Karlsruhe. RELATED ARTICLES Wizz Air to renew Israel flights in March …

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[ad_1] The shekel is once more strengthening sharply. In late morning inter-bank buying and selling, the shekel-dollar price is 1.07% decrease at NIS 3.609/$, and the shekel-euro price is 1.04% decrease at NIS 3.998/€. The greenback is buying and selling at its weakest in opposition to the shekel since July and the euro is buying and selling at its weakest in opposition to the shekel since June. Yesterday, the Financial institution of Israel set the consultant shekel-dollar price up 0.137% from Tuesday, at NIS 3.648/$, and the consultant shekel-euro price was set 0.128% increased at NIS 3.990/€. The shekel…

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[ad_1] The Globes Israel Enterprise Convention takes place at present for the thirtieth 12 months. This 12 months’s convention, nevertheless, is completely different from these of earlier years. The convention, below the title of “From Conflict to Development”, is being held whereas Israel is within the midst of an advanced safety, financial, and social scenario, maybe essentially the most tough for the reason that state was based. Significantly now, when enterprise continuity is so vital, “Globes” is proud to carry the thirtieth convention and to convey collectively senior figures from the personal and public sectors, regulators, along with representatives…

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[ad_1] Israeli fintech firm Pontera as we speak introduced that it has accomplished a $60 million financing spherical led by ICONIQ Development with participation from earlier buyers Blumberg Capital, Collaborative Fund, Hanaco Ventures, Lightspeed Enterprise Companions and The Founders Kitchen. No valuation for the financing spherical was reported however sources informed “Reuters” that the corporate is now price greater than $550 million. The most recent funds carry the entire quantity raised by Pontera to $160 million. The corporate has developed a platform to deal with the widespread neglect of office retirement accounts held by an estimated 85 million People…

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[ad_1] Experiences from Gaza say that there’s shock on the tempo of IDF progress in seizing management of the area. After finishing its encirclement of Gaza Metropolis, experiences say that the IDF has now taken management of a number of factors within the west of the town, together with alongside the coastal freeway. This morning it was reported that the IDF has captured a Hamas stronghold within the northern Gaza Strip. IDF fighters from the seventh Armored Brigade supported by Israeli Air Pressure fighter jets struck a terror cell of Palestinian terrorists earlier than seizing the stronghold. …

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[ad_1] Israeli protection electronics firm Elbit Programs Ltd. (Nasdaq: ESLT; TASE:ESLT) introduced that its subsidiary Elbit Programs Sweden AB (Elbit Programs Sweden), managed by CEO Bezhalel Makhlis, has been awarded a contract value roughly $170 million to turn into the mixing accomplice for the Swedish Military digitalization program LSS Mark. The contract will likely be carried out over ten years. RELATED ARTICLES As the mixing accomplice, Elbit Programs Sweden will lead the roll-out of the Swedish Armed Forces digitization program and…

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