By Gali Raz On Wednesday, September 27th, 2017

In One Week Israeli Elbit Systems Awarded $540 Million Contracts in Asia-Pacific, Africa

  On Wednesday Elbit Systems Ltd. announced that it was awarded an approximately $300 million contract, for the supply of command and control systems to a customer in Asia-Pacific. The project will be performed More...

By Jewish Business News On Monday, September 25th, 2017

Ryanair Is Selling Flights to France and Germany for Only £5

  The low-cost airline Ryanair offers flights tickets for only £5 in an attempt to attract back customers following a week of canceling hundreds of flights due to a shortage of pilots. The Irish airline is More...

By Jewish Business News On Monday, September 25th, 2017

University of California Retirement Plan Among Bank Hapoalim Buyers

    Citigroup has responded to the entry of American investors into Bank Hapoalim of Israel and said that the American buyers will want to take on a management role in the bank, although Shari Arison More...

By Dan Arkin On Sunday, September 24th, 2017
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Shari Arison Selling 49% of Israel’s Largest Bank Hapoalim for $930 Million

Shari Arison   Shari Arison is selling 49% of her stake in Arison Holdings, which holds 20%, the controlling stake, in Bank Hapoalim (in fact 10% of the bank). A non-binding memorandum of understanding was More...

By Shlomi Ella On Friday, September 22nd, 2017

Uber Just Lost Its London Taxi License

  Transport for London (TfL) has been rejected Uber‘s London taxi license and will not be issued a new one due to lack of corporate responsibility. TfL said the US ride-hailing company is not a “fit More...

By Shlomi Ella On Monday, September 18th, 2017

Rolling Stone Magazine Up for Sale

  Rolling Stone magazine, the 50-year-old legend of the rock ‘n’ roll music and popular culture, is for sale amid an increasingly uncertain outlook. The founder Jann Wenner, 71, told the New York More...

By Jewish Business News On Tuesday, September 12th, 2017

Teddy Sagi’s Glispa Acquires Israeli Ad Tech Startup justAd

  Global mobile ad tech company, Glispa Group, owned by Teddy Sagi‘s Market Tech Holdings, has acquired Israeli startup justAd, a creative platform that enables brands and agencies to create, serve More...

By Shirley Golan On Monday, September 11th, 2017

It’s Not a Dream: Jewish-Arab Friends Established Ice Cream Chain Store Become a Sweet Symbol of Coexistence

  It happened many years ago, but Adam Ziv will never forget how impressed he was by one scoop of caramel ice cream. He was a little boy from a kibbutz who had come to an amusement park as part of his summer More...

By Albert Hecht On Monday, September 11th, 2017

New Teva CEO Kare Schultz Grants $20 Million in Cash, $13.5 Million in Securities

New Teva CEO Kare Schultz will earn an annual salary of $2 million and a performance-dependent bonus of 140% of the base salary – and up to a maximum of 200%. The Israeli Teva Pharmaceutical Industries has More...

By Jewish Business News On Monday, September 11th, 2017

Israeli Troubled Teva Appoints Kare Schultz CEO

  Teva‘s share price is up by more than 8% on the Tel Aviv Stock Exchange after the Israeli pharmaceutical company Named its new Kare Schultz as President and Chief Executive Officer. Kare Schultz, More...


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