Economy

The weekly Forbes ranking of the world's wealthiest individuals shows significant shifts: Elon Musk solidified his lead with a $9.9 billion gain, while Michael Dell saw a sharp rise in his fortune. Conversely, Jeff Bezos and Google's founders experienced losses this week.

Japan spent 15.4 trillion yen ($96.4 billion) on foreign exchange interventions between July 30 and August 26. This record monthly expenditure reflects the government's determination to curb the yen's depreciation.

Pluri has entered into a securities purchase agreement with a healthcare-focused institutional investor. Under the deal, the investor will acquire 2,228,940 ordinary shares at a price of $1.50 per share.

Israeli holding and investment company Mivtach Shamir has released its financial results for the second quarter of 2026, showing an increase in equity alongside significant losses in the technology and international real estate sectors.

OpenAI, the developer of the popular chatbot ChatGPT, has begun displaying ads to users in India, one of its largest and most active markets. The ads will be shown to users on the free plan and the low-cost "Go" plan, which costs about 4 dollars a month. The move, already active in 38 countries including the USA, Japan, and European nations, is intended to increase the company's revenue ahead of...

Since the beginning of the year, Aura has sold 436 apartment units, and this month another 284 purchase requests were signed as part of the "Hever" campaign. Owner and CEO Yaakov Atarchi: "I think it is attractive to take a mortgage now, and in a weak market, you can get a better price."

The conflict between First International Bank management and its subsidiary technology company, Mataf, is escalating over a dispute regarding work-from-home policies. The Histadrut union has warned of a potential general strike.

In the second quarter, Camtek saw net profit growth driven by financial income despite an erosion in operating margins. CEO Yaakov Herschman highlighted concerns regarding the impact of the US-China trade war on the company's client base.

Yanai will remain with 40% of the shares, while Gili Raanan, Miki Malka, and Alan Howard will each hold 20%. The move is intended to create a broader ownership structure and bring fans back to the stands. Ongoing management will pass to Chairman Stav Shaham.

Rami Levy's drone company presents reports with a question mark, an Osher Ad product is blocked for use in the country, Yitzhak Tshuva with 3 acquisitions in 4 days, Harel Wiesel brings in about 2 billion shekels, Akirov's profit fell by 70%, Nvidia brings in 96 billion dollars, and Egged is on the way to the stock exchange | News of the week on ice

The crypto market is showing a positive trend, with Bitcoin rising by 0.78% to reach a price of $79,704.8 and a market capitalization of $1.60 trillion.

The American company that already holds millions of crypto coins has returned to the market with a new purchase: is this an aggressive bet on the future of the blockchain network?

The real estate market slowdown is bypassing the leading urban renewal company. Aura sold 385 apartments in five days during the 'Hever' campaign, with revenue crossing the 1 billion shekel threshold for the first half of the year.

Payment company Stripe and investment fund Advent International have decided to withdraw from the planned acquisition of PayPal. Following the news, PayPal shares fell by 15% in pre-market trading in New York.

While you were relaxing, Israeli high-tech was running on turbo. With half a billion dollars in funding, one huge exit, and several under-the-radar surprises, the sleepy summer month became the most active in recent years.

Former Bank Leumi CEO Rakefet Russak-Aminoach has been appointed to the board of directors of the American cyber company Rubrik. She joins a group of global technology and investment industry leaders.

Viewers are increasingly moving away from daily routine viewing, yet Kan 11 is showing a surprising strengthening in all broadcast segments while other major channels lose ground.

The tight battle for second place in prime time and news broadcasts has been decided with particularly surprising data, as one of the channels managed to overtake long-standing competitors and establish itself as the runner-up to the leader.

Four years after stepping down, Ofer Greenberger has returned as CEO of the Israeli division of Applied Materials, a company described by the New York Times as one of the "most important in the world." With revenue forecasts exceeding $10 billion, Greenberger highlights the pride of local production in Rehovot.

Employees who finish a period of employment and receive large grants at once can use a special mechanism that will prevent the payment of a marginal tax of up to 50 percent, but one mistake in planning could cost dearly.

In a review published by J.P. Morgan, the bank's economists estimated that the elections in Israel could lead to a shift of up to 3% in the shekel in either direction. In a scenario of an opposition victory, to which the bank assigns a 55% probability, the shekel could strengthen by 2% to 3%.

Rami Levy Real Estate reported a strong quarter of operational growth for Q2 2026, despite a temporary dip in net profit due to securities portfolio revaluation. The company unveiled an aggressive development plan aimed at doubling its NOI over the next four years.

After an especially challenging period and a sharp drop in stock price, the company developing wireless charging for vehicles is showing dramatic operational improvement and a reduction in losses, but the big test for investors is still ahead.

Prices for new apartments are higher than for second-hand ones, mainly due to the presence of a MAMAD (protected space). In some settlements, prices are almost half the national average. Where can you buy apartments at this price and where can you find a 3-room apartment for less than a million?

Foreign exchange markets are showing slight movement ahead of Fed Chair Kevin Warsh's speech in Jackson Hole. The dollar is trading above 2.96 shekels, up 0.1%.

Ending employment is sometimes accompanied by receiving a retirement grant or a large sum of money. Apparently, this is money subject to tax of up to 50%, but under certain conditions you can save tens of thousands of shekels net. This is how the "tax spreading" method works.

The National Insurance Institute of Israel has released data on the distribution of billions of shekels to 1.3 million families. The current system presents a complex dilemma for policymakers: how to ensure a safety net for children while maintaining incentives for parental employment.

Nvidia's strong report sent chip stocks soaring globally and in Tel Aviv: Palo Alto jumped 10.6% and Tower 5.4%. The focus now shifts to the Fed Chair's speech at Jackson Hole today. What is expected in trading?

The Ministry of Finance is establishing a dedicated product division within its Technology Department for the first time. Vlad Bernin, a senior executive with extensive experience in the high-tech and fintech sectors, has been appointed as the ministry's first Chief Product Officer (CPO).

Many in the third age looking for available cash for various purposes are opting for the reverse mortgage model - a loan against the property they own. Why has this controversial financial product become a hit, who allows it, and why is the age factor important? Experts explain what is important to check, why heirs are part of the process, and what financial scams or mistakes might trap those who...

Asian markets show a mixed trend as investors await the debut speech by new Fed Chair Kevin Warsh in Jackson Hole. Yesterday on Wall Street, Nvidia shares jumped 8.7%.

The National Insurance Institute announces that long-term allowances, including old-age, disability, and survivor benefits, are being distributed today. Simultaneously, the agency is collaborating with the Ministry of Construction and Housing to notify eligible citizens about rent assistance.

A new analysis by the Swiss bank Lombard Odier reveals how autonomous technology will transform vehicle ownership habits and radically alter insurance cost structures.

New data from the Ministry of Finance points to well-known figures collaborating with contractors. Some of them earn 60,000 shekels a month - and cancel. The truth behind the numbers: the data the Ministry of Finance does not tell you about the wave of real estate deal cancellations and whether one should really be concerned about it. Tadmur CEO predicts market recovery | Real Estate Weekly

Alongside layoffs at giant companies and thousands of job seekers, the Israeli high-tech sector continues to recruit, but requirements have become more specific than ever. Recruitment managers explain which positions remain in high demand and how candidates can truly stand out in the AI era.

An unprecedented growth forecast of 70% has reignited the chip sector and sent the Nasdaq higher, but why does the US bond market continue to signal concern and caution?

An unusual offer at the Oshers Ad retail chain may interest families, students, and small business owners, but experts advise paying attention to the associated costs.

Childhood traumas hardened them and paved the way for great success: Dani Brickman grew up in a family of new immigrants from the CIS and suffered racist harassment at school, Amit Zimmerman was orphaned of his father at age 10 and suffered from learning disabilities. The two, who met in an elite intelligence unit and have been inseparable since, founded the cyber company Oasis and led it to a...

The National Insurance Institute reminds the public that withdrawing funds from the "Savings for Every Child" program does not require using paid services: the application can be submitted directly to the managing body independently and at no extra cost.

The price reduction of the iPhone 17 series ahead of the next generation is clearly felt in the market: within a few days, a 360% jump in device sales was recorded on Wolt, with most purchases focusing on the more expensive models.