Xix buys flok
By Jewish Business News On Tuesday, January 24th, 2017

Israel’s Wix.com Acquires Israeli CRM Company Flok

Israeli web site building company Wix.com Ltd. (Nasdaq: Wix) has entered into an agreement to acquire flok, a customer relations and engagement (CRM) platform. The purchase price has not yet been revealed. The More...

Idan Ofer, IC Power Has IPO
By Jewish Business News Correspondent On Monday, January 23rd, 2017

Idan Ofer’s IC Power Files $400 Million IPO on the NYSE

  Israel firm IC Power Pte Ltd., a subsidiary of Idan Ofers Kenon Holdings (TASE: KEN; NYSE; KEN), will file for an IPO on the New York Stock Exchange. The company hopes to raise $400 million from its sale More...

By Reggie Reiner On Monday, January 23rd, 2017

The First All Jewish Super Bowl Set for 2017

We will see the first all Jewish Super Bowl in 2017, that is as far as the teams’ owners are concerned. The New England Patriots are owned by Robert Kraft and the Atlanta Falcons are owned by Arthur Blank. The More...

By Shai Genish On Sunday, January 22nd, 2017

First Arrow 3 Interceptors in Israel Operation – New Defense Era Begins

  The first interceptors of the Arrow 3 missile defense system which were delivered to the Air Force (IAF) last week, entered Israel to a new era in air defense. After years of R&D, the Defense Ministry’s More...

American Apparel lay offs
By Gil Tanenbaum On Thursday, January 19th, 2017

End of an Era: American Apparel Lays Off Just About Everyone

Say goodbye to American Apparel. The company which was founded by Dov Charney is laying off just about everyone. The clothing brand was one of the few to actually employ Americans, having a factory in Los Angeles. More...

Israel-Palestine swmming-pool-view-looking-from-a-room-at-jacir-palace-hotel
By Shai Genish On Wednesday, January 18th, 2017
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Vacation in the Palestinian Authority? Luxury Hotels and Elegance

  Good news is coming from the Palestinian Authority. While Israeli hoteliers are offering expensive prices, Palestinian luxury hotels have undergone a revolution. Guests are being praised the service on review More...

By Jewish Business News On Wednesday, January 18th, 2017

Israel Issues Largest Ever Euro Bond Offering on London Stock Exchange

– First non-European sovereign to issue a euro-denominated bond in 20 year tenor – Euro-denominated debt listing is the first for Israel in three years – Investor demand surges for the offer, More...

venture capital  VC - Israel business
By Jewish Business News On Tuesday, January 17th, 2017

Israeli VC Fund Raising – Expected to Reach $1.6 Billion in 2016

Key facts: Eight new venture capital funds closed capital in 2016 Four VC funds raised more than $100 million each, 62% of total capital 14 of 2016 vintage funds are expected to raise an additional $200 million More...

Paul Singer Advisory Board
By Gil Tanenbaum On Sunday, January 15th, 2017

Paul Singer Takes 8.3 Percent Stake in Health Care Technology and Consulting Company Advisory Board

Activist investor Paul Singer has acquired an 8.3 percent take in the health care technology and consulting company Advisory Board. The acquisition was made through Singer’s Elliott Management. It amounts More...

By Jewish Business News On Friday, January 13th, 2017

The New York Post Wins Dumbest Headline of the Year — Already!

  We already have a winner for the Jewish Business News Award for the Dumbest Headline of 2017, and the year is not even two weeks old yet. The award goes to the New York Post for its January 8 headline “Online More...


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