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…

AI fintech co Pagaya issues $100m in asset…

Israeli financial technology company Pagaya today announced $100 million in actively managed asset-backed securities (ABS) led by structuring agent Cantor Fitzgerald. The company has signed an agreement to manage the funds with an unnamed Asian…

Silverstein raises NIS 180m TASE bond

Silverstein Properties has guaranteed a financing round of at least NIS 180 million through an expansion of its existing Series A bonds, led by Leader Underwriters. Foreign real estate bond comeback on the Tel Aviv…

US Army to buy Israels Iron Dome defense…

The US army has decided to procure an unspecified number of Israel's Iron Dome short range missile defense systems from its developer Rafael Advanced Defense Systems Ltd. for immediate needs, Israel's Ministry of Defense has…

Alona Barkat joins Bennetts New Right list

Due to her high profile public figure, the Hapoel Beersheva owner will receive a high spot on the party's Knesset list for the April 9 elections. Businesswoman and owner of Israeli soccer champions Hapoel Beersheva…

New car deliveries down slightly in January

38,475 new vehicles were delivered in Israel in January 2019, 1.4% less than in January 2018. 38,475 new vehicles were delivered in Israel in January 2019, 1.4% less than in January 2018. RELATED ARTICLES New…