Adam Neumann admits mistakes, reveals plans - Globes
In a rare public appearance, Neumann told the Globes Business Conference what he learned from WeWork's collapse, discussed his new venture Flow, and explained why he is investing in Israel.
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.
Israeli tech M&A deals reach new peak - report - Globes
On the other hand, the venture capital sector in Israel is undergoing significant change. The number of new funds fell by 35% (from 40 in 2023 to 26 in 2024), but the average amount of capital raised per fund rose sharply from $125 million to $202 million.
Foreign airlines stay away amid local squabbles - Globes
Obstacle 1: Exemption from paying compensation for flight cancelations. Several foreign and Israeli airlines are demanding temporary relief from the "Tibi Law," which was promoted by MK Ahmed Tibi and grants passengers the right to compensation for delayed, postponed and canceled flights.
SAP Israel head: If there’s value, deals happen despite war
At the Globes' Israel Business Conference, Orna Kleinmann presented SAP’s vision of artificial intelligence for business. Speaking at the Globes Israel Business Conference, Orna Kleinmann, Managing Director SAP Labs Israel and SVP Technology & Innovation, SAP Cloud Platform Foundation, commented on the challenges posed by the war to international high-tech companies in Israel. "60% of high ...
700 objections on plan to cover Jerusalem's Begin Highway
Under the plan a 1.6 kilometer stretch of Begin Highway will be covered linking Beit Hakerem and Givat Ram. The plan to cover Jerusalem's Begin Highway, designed to create 214 dunams (53.5 acres) of new space above the road, is set to hear objections.
2025 budget bill gives Ben-Gvir extra NIS 2b - Globes
Itamar Ben-Gvir's Ministry of National Security and the Prime Minister's Office both receive higher budgets than in the proposal approved by the government a month ago.
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.
StepStone partner: Israeli economy resilient and robust
Darren Friedman, a partner at alternative investment firm StepStone says the traffic jams in Tel Aviv show that it is business as usual here. Darren Friedman, a partner at alternative investment firm StepStone focuses his investment portfolio on technology, healthcare, and infrastructure sectors in the US.
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.