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…

Katz, Edelstein, Saar set to win top spots…

With over half the votes counted, Likud newcomers Nir Barkat and Yoav Gallant also look set to secure top ten places. With over half the votes counted in the Likud primaries, the ruling Israeli political…

First Lime e-scooters deployed in Tel Aviv

Five months after first announcing that it would begin Israel operations, US dockless shared electric scooter company Lime is set to deploy scooters on the streets of Tel Aviv. In fact, a quick glance at…

Israel Chemicals profit soared in 2018

Fertilizers and minerals company Israel Chemicals (TASE: ICL: NYSE: ICL), controlled by Idan Ofer's Israel Corporation (TASE: ILCO), finished the fourth quarter of 2018 with $1.41 billion in sales, 4% more than in the fourth…