Economy

Sani Sanilevich, a former advisor to Prime Minister Benjamin Netanyahu, is taking his family's real estate firm to the Tel Aviv Stock Exchange. The company aims to raise 200–250 million shekels through a bond issuance.

The real estate company Polygon, controlled by Kobi Maimon, has turned to the Central District Court to appoint external directors. The company has been operating without them for over a year, leading to unlawful financial reporting.

The oil and gas production company, controlled by Delek Group, is set to enter the FTSE 100 index in September. The inclusion is expected to generate demand for shares worth hundreds of millions of shekels.

Mehran Frozenfer is working to establish a "mini-division," including three new coordinators, which will lead to the weakening of the independent status of the deputies in the Budget Department.

Nvidia's revenue for the quarter ending in July 2026 reached $96.2 billion, surpassing analyst expectations. The company's net profit surged by 126% to $59.69 billion.

A request to certify a class action lawsuit for 110 million shekels against the insurance company ended in a complete withdrawal by the plaintiff after the court revealed that the documents submitted were based on artificial intelligence hallucinations.

Amal Holdings' results since its stock market debut last November are disappointing. In the second quarter, the company faced a decline in operating and net profit, as well as eroded profitability amid rising administrative and financing expenses.

CEO Gil Agmon purchased company shares for approximately 148 million shekels, increasing his stake from 49% to 56%. The stock has fallen by 67% since its last peak.

The Tel Aviv District Court has appointed Adv. Gil Oren as the settlement manager for Papaya Gaming and granted a temporary stay of proceedings. The judge emphasized that the debt settlement plan for the $718 million liability must include owner contributions and potential investor involvement.

Despite the impact of the 'Lion's Roar' war at the beginning of the year, the hotel chain presents exceptionally strong financial results with revenues totaling hundreds of millions of shekels.

Barak Finance will invest about 49 million shekels and hold 49% in a new company with Av-Gad, which will take on 24 projects in the center of the country. Bank Hapoalim is investing about half a million shekels in establishing a community space, a cafe, and a workspace at Hermon Square in Kiryat Shmona. And Samsung will launch a web series in addition to a fashion campaign to promote its new...

Meta has reached an $18 billion settlement in a massive lawsuit brought by 29 US states over claims that its platforms were designed to cause addiction among young users. The payment will be spread over 10 years.

The Sherco importer is launching the 2027 models and completely eliminating the pricing gaps and bargaining common in the two-wheeled industry with a particularly surprising starting price.

American airline Delta Air Lines is officially resuming flights to Israel starting September 6 following a thorough security assessment. Round-trip economy tickets start at $1,565 and include a cancellation option.

A shareholder of the Ashdod oil refinery has filed a request with the Tel Aviv District Court to disclose documents regarding the company's relationship with Shapir Engineering. The plaintiff is preparing a derivative lawsuit, alleging that the board of directors unlawfully granted Shapir de facto control over the refinery.

Meta has agreed to pay up to $18 billion as part of a settlement in a massive lawsuit filed against it by 29 US states, alleging that the company violated the privacy of young users and integrated addictive features.

After three and a half years at the helm, Amanet Group CEO Shmuel Alfasi is stepping down. He will be succeeded by Lior Levy Gilor, a veteran of the group who previously led its technology division.

The dramatic wealth comparison between Omer Adam and Eyal Golan reveals a huge gap, as for one of them music accounts for less than 2.5% of assets, while the other holds a thriving real estate empire.

The Michpal Technologies group is expanding into fintech and digital payments by acquiring a 70% stake in Interspace Tranzila, a leading provider of credit card processing and cloud infrastructure services.

The Accountant General's Department at the Ministry of Finance has published the pre-qualification documents for the international tender for the construction of the desalination plant in Emek Hefer. It is expected to be the largest in Israel and one of the largest of its kind in the world.

The tender committee has published the pre-qualification stage for a facility that will provide about 40% of domestic and industrial water consumption in Israel. The project in Emek Hefer will be built on 200 dunams and may include a natural gas power plant, and may also support water exports to Jordan.

During a challenging time for Israel's inbound tourism industry, Guy Kelner has been appointed as the new CEO of the Chamber of Inbound Tourism Organizers, succeeding Yossi Fatal, who held the position for 11 years.

Alongside a net profit of approximately 1.02 billion shekels in the second quarter, Harel CEO Nir Cohen chose to conclude the investor call with a different achievement. Cohen took pride in the fact that Harel is the only insurance and finance company to have entered the Globes brand index. "It is not just a matter of recognition, but to what extent the customer trusts and values the brand - this...

Israeli agritech company CropX is acquiring startup SCIO, which developed food quality testing technology. The deal is not considered a successful exit, as the acquisition price is estimated to be lower than the 64 million dollars the company raised.

Fattal and Israel Canada Hotels have leveraged the financial distress of the German Revo Hospitality Group to expand their European footprint. The companies are acquiring rights to 15 hotels in Germany and the Netherlands for approximately 40 million euros.

The Ministry of Finance has published an international tender for the construction of an unprecedented desalination plant in Emek Hefer that will provide about 40% of annual water consumption and will affect relations with the neighboring country.

A shareholder of Tomer Mazon has filed a 2.5 million shekel lawsuit, alleging bad faith during the merger and the concealment of inventory issues, which led to the suspension of the company's shares.

Tiv Taam is preparing for the possibility that it will be required to leave its existing branch at the Star Center in 2029, and has purchased land in Ashdod for 40.8 million shekels to establish a new branch. The move comes against the backdrop of an eviction lawsuit filed by the property owners that ended in a compromise, and concerns regarding religion and kashrut issues. At the same time, the...

Bank Hapoalim is providing a tailwind to Kiryat Shmona with a significant donation for the restoration of the city's "beating heart," the establishment of the new "Mona" complex, and the "Live Thursday at the Square" event series, which will support local businesses and encourage the return of residents.

The nursing and care company shows stagnation in operating profit, alongside a decline in the stock since the IPO. It reports the acquisition of a company in the home care sector for 72 million shekels, expects recent acquisitions to add 190 million shekels to revenue, and aims to expand into care for the homeless and autistic: "This is a division that will bring us to large turnovers."

The company backed by Jackie Ben-Zaken, Barak Abramov, and Tzahi Abu has received preliminary approval from the NASDAQ exchange for a dual listing in the US. But the road to trading is still paved with several conditions and a very close deadline. What exactly is missing, and how much of the dream is already priced into the stock currently trading in Tel Aviv?

Ashtrom Group reported second-quarter losses driven by high financing costs. The company detailed sales figures for major projects and outlined its forecast for a residential market rebound in 2027.

The US banking system is launching an unprecedented technological project to counter the rise of cryptocurrencies, aiming to establish a bank-owned nationwide blockchain network by 2027.

After five years in the position and 13 years in the Maccabi group, Toni Cohen is leaving the network of clinics that serves about one million patients annually. Who is the new CEO stepping into her shoes?

The "Para" group is parting ways with the popular "Gita" restaurant due to the security situation, municipal bureaucracy, and neglect in the Levinsky Market. Despite the pain, the group is expanding operating hours at its other restaurants and promoting new projects.

AirEngi Chairman of the Board, Major General (res.) Iftach Ron-Tal, and CEO Tal Raz have jointly purchased 28,285 shares of the company. The move follows the publication of H1 2026 financial reports, which showed a significant strengthening of the company's equity and balance sheet.

The Turkish Competition Authority has opened an investigation into the pharmaceutical company Teva on suspicion of taking steps to limit competition in the generic drug market, including through the strategic use of patent procedures and the presentation of allegedly misleading information to health authorities. The company stated: "This is a process concerning the Copaxone drug from the past, and...

The Shai-Chai Group, a prominent participant in Israel Land Authority tenders, is planning an IPO within the next six months. Yesterday, the company won a major tender for 258 housing units in Ness Ziona.

Samsung Israel and Terminal X are launching a joint initiative integrating foldable Galaxy devices into the fashion and beauty industry. The project culminates in an event held today in Tel Aviv.

Partner's revenue fell by 1.5% to 790 million shekels, but operating profit and EBITDA continued to grow. The company crossed the one million 5G subscriber mark for the first time, alongside an increase in internet and television subscribers. The company is awaiting a court ruling on its request to distribute a special dividend.