Following record profits, Delek Drilling to distribute $180 million in dividends; Migdal and Phoenix insurance companies report brighter Q1 profit picture; Greece’s Energean to supply gas to Israeli power stations; TASE’s TA 35 and TA 125 indexes slip on Sunday
Meanwhile, Israeli life science startups share of tech fundraising shrinking, study finds
Investment house warns London-based fund it is in breach of contract in $410 million deal
Private equity fund Fortissimo takes stake in Biological Industries; Pelephone gets approval to retire aging 2G phone service
New drive to enlist domestic money for the local VC industry runs up against the industry's poor record
Business in Brief: Protalix Shares Plunge on Disappointing Trial Results for Cystic Fibrosis Treatment
Ability shares fall after directors resign; Kenon, Chery to help finance factory for joint venture; Dash tells XIO it must seek approvals in acquisition deal; shares end lower in holiday trading
Isramco board approves massive dividend payout through 2019; Court orders IDB to sell first 5% block of Clal Insurance shares; Sovereign wealth fund to launch in 2020, Bank of Israel chief says; Tel Aviv Stock Exchange snaps five-session losing streak
Bank of Israel intervention boosts dollar in late trading; Tel Aviv shares end higher, lifted by telecoms and tech.
Community rabbis are instructing families how to invest money from the Israeli government’s new child-savings plan via neighborhood wall posters. The problem is, the return isn’t that good.
Business in brief | Menorah under scrutiny over sexual-harassment insurance policies | Court allows Fairtrade to resume operations | Tel Aviv shares close week higher.