Joonko CEO Illit Raz steps down after investigation finds 'egregious, unethical and fraudulent conduct' following irregularities in financial statements

European Investment Bank allocates €150 million for water facility plus €500m in Bank Leumi credit to encourage green business projects, and assesses €250m for Tel Aviv light rail

Global list highlights early growth-stage companies ‘poised to have a significant impact on business and society’; previous cohorts included Google, Twitter, Airbnb, Spotify

Israeli startup theGist launches a platform that centralizes employee work apps in one place to manage information overload and boost productivity

Drip irrigation tech developer inks cooperation agreement for the marketing of its systems in rice fields in the US, India and other countries

Casterra signs agreement with top 10 oil and gas company to sell its high-yielding castor bean seeds to be cultivated in Africa

Real estate developer expects to record a pre-tax gain of NIS 1.3 billion from the sale of the 32.5% stake

Central bank chief instructs banks to fully pass on interest rates to deposit holders and come up with a plan to pay interest on the billions of shekels sitting in current accounts

Agreement with PureHealth involves joint research, medical training, tech collaboration and medical tourism, as cooperation between fresh allies deepens

US lender hires new banking team of 10 people to serve local startups and high-tech firms