Economy

Automotive giant Toyota is launching the Proace Verso in Israel for the first time — a spacious van in an 8 or 9-seat configuration designed for large families and organizations. The model is offered in two trim levels and will arrive in showrooms at the beginning of September.

Asa Lavinger, CEO of Energix, reduced his holdings in two transactions carried out on the same day. The sale occurs as the stock trades near its peak, raising questions about whether this reflects a lack of confidence or legitimate profit-taking.

Israir has completed the regulatory process required to operate regular flights to the USA. Ticket sales are expected to open soon, and it is possible that flights will begin even before the date planned for October. At the same time, Delta and United are preparing to return to Israel next month, and the market for flights to the USA is expected to grow significantly.

Memory chip manufacturer Sandisk has fired dozens of employees from its development center in Kfar Saba as it transfers key projects to India. The move has sparked resentment among staff, as it comes just months before the launch of an employee stock purchase program offering significant discounts.

Independent brands already account for 23% of revenue and show significantly higher profitability. The company continues to expand its acquisition portfolio.

While commodity prices are rising and construction companies are struggling, Shapir Engineering presents good data, including a jump in apartment sales. Revenue jumps to 1.68 billion shekels.

Israeli food manufacturer Baladi has reported record-breaking financial results for Q2 2026 and announced a 20 million shekel dividend distribution.

Alongside a revenue increase of only 0.4% to 357 million shekels, Baladi recorded a sharp improvement in profitability margins and continues to advance its new logistics center project. Furthermore, the company approved an additional dividend distribution of 20 million shekels, following two distributions of 10 million shekels each earlier this year.

The real estate developer, which completed its IPO in Tel Aviv less than three months ago, showed an increase in the volume of apartments sold, which translated into a 4% growth in revenue, but unusual IPO expenses led to a sharp drop in profit. A decrease of almost one million shekels in the average apartment price.

The online arm of the Fox group, controlled by Harel Wiesel, recorded a record quarter - revenues of 161 million shekels, a 20% increase - and announced a dividend of 20 million shekels. What is the new growth engine whose profit jumped by 315% and which key index actually fell?

One of Israel's biggest stars is embarking on an independent path and launching a new brand under her full ownership, after the original idea came up during a casual lunch with a friend.

Avia Magen reveals her journey from a junior employee to managing Israel's largest hotel chain, and shares the personal sacrifices she made along the way.

Twistlock founders Ben Bernstein, Dima Stopel, and John Morello are shutting down their venture, Minimus. The entrepreneurs have decided to return remaining funds to investors after failing to gain market traction.

The fashion giant is launching an IPO in Hong Kong at a valuation approximately 70% lower than its peak. The prospectus reveals a sharp slowdown in growth, a loss in the first quarter, rising costs, and a massive compensation for early investors.

Fast fashion retailer Shein aims to raise up to $1.8 billion in its Hong Kong IPO. The company's valuation is set at $26–27 billion, nearly 75% lower than its 2022 peak.

Just before the dramatic IPO in Hong Kong, the online retail giant is forced to settle for an exceptionally low valuation and reports a shift to a quarterly loss of 99 million dollars.

The holding company concludes a dream half-year with a net profit of almost 180 million shekels, just after entering the leading indices and acquiring a well-known cellular network in Israel.

Four years after raising $51 million in one of the largest seed rounds seen in Israel, the founders of Minimus (formerly Twistlock) decided to close the company and lay off its approximately 35 employees. After a change in strategy and unsuccessful attempts to find a buyer, the entrepreneurs took an unusual step: instead of continuing until the coffers were empty, they will return the...

Investment losses in the technology company Hailo continue to weigh on Delek Automotive's financial reports. To avoid breaching bank covenants, the company transferred 15 million Veridis shares to its subsidiary, Delek Motors.

The shareholders' meeting of the real estate company Orion will convene today to vote on the board of directors. The Capital Market Authority has intervened, questioning whether the investment house Mor is exceeding its role by attempting to take control of the company's management.

The medical aesthetics company that joined the stock exchange in the 2021 IPO wave has, unlike most, become a profitable and growing cash generator. With a patented technology, a recurring revenue model, and global deployment, it has broken the streak of disappointments that the sector has yielded. Will it also overcome increasing competition and regulatory changes? Company analysis.

Over the weekend, reports of irregularities emerged in two new companies on the Tel Aviv Stock Exchange: Best and Tomer Mazon. While in one case the funds taken by owners were returned, in the other, the CFO's resignation serves as a significant warning sign.

Discount Capital, the investment arm of Discount Bank, is acquiring a 16.5% stake in Alumenergy for 80 million shekels. The deal values the energy company at 406 million shekels.

The coffee chain Blank Street has raised $75 million and is accelerating its expansion. Following the success of its matcha drinks, the company wants to become a "daily luxury brand" and expand its menu to include ice cream and other products.

Following a period of intensifying competition for the local shopping basket, the Netto Hisachon chain is returning to Ashdod with a new 2,200-square-meter branch. The opening is set for August 25, ahead of the Tishrei holidays, with the chain promising: "Soon you will pay less."

The slowdown in sales and rising construction costs are pressuring residential developers. Almogim has sold 54 units in its Rehovot project to the Magurit REIT fund, expecting a loss of 6–7 million shekels.

At the beginning of the month, it was reported that the Tax Authority is examining a change in the taxation model for options for high-tech employees, and the head of the Tax Authority expressed support for the initiative. However, it now turns out that senior officials in the Ministry of Finance are strongly opposed to the initiative: "The last thing we need right now is to burden high-tech...

The conflict surrounding the "Ir Kinneret" mega-project in Tiberias is escalating. Landowners are threatening to sue Av-Gad directors personally, claiming they approved the project without financial backing.

Tiv Taam has signed a cooperation agreement with the startup GreenOnyx and will exclusively market its products - vegetables with high nutritional value that stay fresh for weeks. In honor of the 25th anniversary of 'Harry Potter and the Sorcerer's Stone', Dizengoff Center is hosting a special pop-up. And Arkia has for the first time in the company's history certified a female pilot as captain on...

After a loss of 60.5 million shekels in the first quarter, Dan Hotels ended the second quarter with a loss of only 2.3 million shekels. The chain's revenues jumped by 10.8% compared to the same period last year to approximately 418.9 million shekels, though high financing expenses continue to weigh on the bottom line.

The Novolog healthcare group has announced the departure of CEO Aviad Busi and CFO Yaniv Vidavsky. Zeev Mansour, formerly CEO of Logisticare, will take over as the new CEO in December.

The Zoglovek Teva brand is expanding its plant-based series and launching two new products, including a special version of the popular corn schnitzel in the shape of three animals, alongside a crunchy snack for adults.

The Pozis family is reshaping Novolog: following a board shake-up and the departure of key executives, Zeev Mansour has been appointed CEO. With extensive experience in logistics management, Mansour is tasked with improving the profitability of the company's core operations.

Bank Leumi has provided a $400 million credit line to AppsFlyer. This facility will allow the company to support ongoing operations without the need for further fundraising or equity dilution.

Eran Prezenti, partner and head of the intellectual property practice at the Firon law firm, died over the weekend of cardiac arrest. For over two decades, he dealt with copyrights, patents, and trademarks, and was also involved in battles against the distribution of pirated content.

After leading a successful turnaround at his previous company and establishing a logistics center worth hundreds of millions of shekels, Zeev Mansour has been appointed to lead the Israeli logistics and medical group Novolog.

PayBox is lowering barriers for group payments, allowing users to transfer up to 10,000 shekels per month from any card. The platform has also introduced the ability to transfer group administration to other users.

A veteran Israeli fintech company, which performs hundreds of thousands of transfers a year, is launching a new digital platform designed for Israelis and foreign workers, promising to break away from outdated interfaces.

The company, which has already sold 700 apartments in Sde Dov, is selling the commercial portion: REIT 1 will acquire approximately 12,400 sqm of retail and office space and about 127 parking spots.

Following an exceptionally successful year on the stock exchange, Blender Technologies reports a transition from loss to net profit, presenting sharp revenue growth driven by credit solutions and new technology agreements.