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Next Vision Stabilized Systems (NXSN.TA), a leading Israeli tech firm, saw a prominent English hedge fund acquire a 2.5% stake in the company for NIS 192 million. Israeli insurance giant Clal has also joined the deal, snapping up additional shares valued at NIS 40...
The Tel Aviv Stock Exchange (TASE) ended 2024 on a high note, reporting a 22% increase in net profit, reaching 101.4 million shekels. This growth was driven by rising revenues from information distribution, connectivity services, and clearing operations. Overall, the...
Israel’s banking sector is experiencing an exceptional year, with both Bank Leumi and Bank Hapoalim reporting record-breaking profits for 2024. Following Hapoalim’s strong financial performance, Leumi delivered an even bigger surprise, posting a 40% surge in net...
The Israeli real estate market continues to experience rising prices, yet signs of a slowdown and mounting challenges for developers suggest a shift in the industry. According to the latest report from the Central Bureau of Statistics (CBS), apartment prices rose by...