Tova Cohen

Teva Pharm third-quarter profit in line with forecasts, lowers 2020 revenue outlook

Nov 05 2020

TEL AVIV Israel-based Teva Pharmaceutical Industries reported quarterly profit in line with expectations but lowered its 2020 revenue forecast on lower demand for some products as fewer people are going to hospitals and doctors during the pandemic.

Wine from Israeli-held Golan Heights to hit Dubai shelves

Oct 28 2020

TEL AVIV The Golan Heights Winery, which grows its grapes on the plateau that Israel captured from Syria in a 1967 war, will display its bottles on shelves in Dubai this week, the Israeli company said.

UPDATE 2-Bank of Israel to buy more bonds, boost credit but keeps rates on hold

Oct 22 2020

* Government bond purchase programme expanded by 35 bln shekels

Israeli software company Check Point beats profit estimates

Oct 22 2020

TEL AVIV Check Point Software Technologies posted a better than expected 14% rise in third-quarter net profit on Thursday and provided a quarterly outlook for the first time since February.

Israeli pipeline company signs deal to bring UAE oil to Europe

Oct 20 2020

JERUSALEM Israeli pipeline company EAPC said on Tuesday it had signed a preliminary deal to help transport oil from the United Arab Emirates to Europe via a pipeline that connects the Red Sea city of Eilat and the Mediterranean port of Ashkelon.

Israel's second lockdown carries a hefty economic price

Oct 08 2020

JERUSALEM/TEL AVIV Restaurateur Tamir Barelko has had enough.

Israeli baby formula maker Else to complete share offering this week

Oct 05 2020

TEL AVIV Israel's Else Nutrition , which has developed a plant-based infant formula not made from soy, plans to complete a C$25.7 million ($19.3 million) private placement of its shares this week, its chief executive said.

Israel's Mobileye, Dubai's Habtoor partner on self-driving cars

Sep 23 2020

JERUSALEM/DUBAI Israel's Mobileye and United Arab Emirate's Al Habtoor Group launched a partnership on Wednesday to create a fleet of self-driving "robotaxis" that could take to the streets of Dubai by the end of 2022.

Israel's REE Automotive working on more collaborations following Mahindra EV deal

Sep 15 2020

TEL AVIV Israel's REE Automotive, developer of a rolling chassis for electric vehicles, expects to sign more collaboration deals in coming months following its agreement with Indian carmaker Mahindra and Mahindra.

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