Light & Strong specializes in aerospace and military carbon fiber and glass fiber composite components production. India's Lohia Group has entered the aerospace and defense sector by acquiring Israeli composite company Light & Strong Ltd.…
Fiverr hires US banks ahead of IPO –…
Israeli online marketplace for freelancers Fiverr has hired investment banks Citigroup and JPMorgan Chase to manage a Wall Street IPO, "Bloomberg" reports, according to people familiar with the matter. "Bloomberg" reports that Tel Aviv-based Fiverr…
CPI down 0.1% in Jan, housing prices resume…
Inflation was 1.2% in the past 12 months, while despite the recent rise housing prices fell 1.4% in 2018, Israel's Central Bureau of Statistics reports. The Consumer Price Index (CPI) fell 0.1% in January, the…
Freezing Tamar gas price could mean cheaper power
The price of electricity on Israel could fall by between 1% and 1.5% as a result of the expected freezing of the price of natural gas from the Tamar reservoir. In an amendment to the…
Indias Lohia Group buys Israeli defense co Light…
Light & Strong specializes in aerospace and military carbon fiber and glass fiber composite components production. India's Lohia Group has entered the aerospace and defense sector by acquiring Israeli composite company Light & Strong Ltd.…
Leumi Card deal closure date set
Warburg Pincus will close the acquisition of the credit card company from Bank Leumi and Azrieli Group on February 26. The acquisition of credit card company Leumi Card by<a href=https://www.warburgpincus.com/ target=new>Warburg Pincus</a> will close on…
Indias Lohia Group buys Israeli defense co Light…
Light & Strong specializes in aerospace and military carbon fiber and glass fiber composite components production. India's Lohia Group has entered the aerospace and defense sector by acquiring Israeli composite company Light & Strong Ltd.…
Home urine test co Healthy.io raises $18m
Healthy.io, which has developed a self-administered home urine test for diagnosing kidney disease that is analyzed using a smartphone, has raised $18 million in series B funding. The funding round was led by Aleph, with…
Defense Ministry re-approves Aeronautics UAV exports
Aeronautics can now continue exporting to the same customer that caused the previous suspension of its export license. The Ministry of Defense has removed the conditions restricting the marketing and export of Orbiter K1 UAVS…
Nir Gilad tapped for Migdal chair
Former Ministry of Finance Accountant General Nir Gilad is returning as chairperson to Migdal Insurance and Financial Holdings Ltd. (TASE: MGDL), where he served as deputy CEO under Izzy Cohen and Aharon Fogel. Gilad spent…