Economy

Yale Express is expanding its footprint in Israeli DIY chains with three new branches, a brand refresh, and an extensive lineup of smart security solutions.

Yango Deli appoints former Shufersal executive Naama Alshech as new CEO, aiming to expand its rapid grocery delivery footprint amid major market shifts in Israel.

Emil Vinshel discusses his acquisition of a controlling stake in Altshuler Shaham Finance for 1 billion shekels, detailing his strategic vision for a comprehensive market reset.

Hertz Israel internal memos reveal widespread reliability issues and lengthy repair delays for Chinese-made Chery vehicles, marking the second major leasing dispute in months.

Kraft Heinz invests $700 million into expanding Philadelphia cream cheese with adventurous flavors like hot honey, aiming to revive growth and revitalize a historic billion-dollar brand.

Aroma Espresso Bar has filed a 3.8 million NIS lawsuit against baking supplier Sharon-Puratos after defective additives caused a foul odor in its flagship croissants.

Soho chain holds a liquidation sale at its Rehovot branch with up to 70% off, as TERMINAL X moves to acquire a 50.01% stake for 11 million NIS.

Generac Holdings shares surged over 30% after signing a long-term supply deal with Amazon worth up to $8 billion for data center backup systems.

The inter-ministerial Dayan Committee is set to publish its final natural gas policy report amid a two-year delay and fierce disputes between ministries over export quotas, domestic reserves, and energy security.

Ondas Holdings is in advanced talks to acquire Israeli defense contractor Nirosta Tzafon for approximately $250 million, marking another major acquisition in its rapid expansion.

The Tel Aviv District Court stripped a major shareholder of veto power in a dispute at Aviron Industries, appointing an external director to break a corporate deadlock.

Secret recordings reveal Victory CEO Eyal Ravid and his PR strategist plotting media spins to portray him as a fighter against food price hikes while blaming suppliers.

An investigation reveals that Idan David allegedly falsified his resume and credentials to secure the chairmanship of Ayalon Highways, prompting a criminal referral.

Ha-Patria pub filed a class-action lawsuit against IKEA in Israel, claiming its shot glasses hold 30 ml instead of the advertised 25 ml, causing over 2.5 million shekels in losses for businesses.

High-Tech Zone and credit card company CAL launched a digital foreign currency wallet enabling fee-free overseas purchases and multi-currency balance management.

Altshuler Shaham dominates August pension and investment fund yields, sparking questions over its recent acquisition timing as long-term figures still lag behind competitors like More.

The Second Authority Council has approved the transfer of Reshet 13 to Merit Foundation, led by Assaf Rappaport, following a $25 million acquisition deal.

Buy And Drive Holdings, a veteran Israeli luxury car agency, has filed for a stay of proceedings after accumulating 97 million NIS in debts amid severe economic shocks.

Co-founders Gilad Altshuler and Kalman Shaham are selling a 55% stake in Altshuler Shaham Finance's provident and pension funds for 1.1 billion shekels to WeSure and Yair Levinstein.

Terminal X signed a non-binding MOU to acquire a 50.01% stake in the design and lifestyle chain SOHO for 11 million NIS, valuing SOHO at 22 million NIS.

Dan Public Transportation signed an MOU to acquire Mesi'ei Shasha for 180 million shekels, marking its first major deal under new CEO Ofir Karni.

Following a major ownership shakeup, Altshuler Shaham executives held an emergency webinar to reassure insurance agents. WeSure and CEO Yair Levinstein acquired controlling stakes in the finance arm, while founders retain private operations.

Gett is doubling its international ride-hailing footprint to 50 countries, adding popular tourist destinations like Thailand, the UAE, and Morocco with shekel pricing.

Israir airline completed its historic inaugural flight from Ben Gurion Airport to New York's JFK, marking a major milestone in the company's expansion under CEO Uri Sirkis.

Starbucks is reportedly exploring the sale of a controlling stake in its Japanese division in a deal valued at around $3 billion, marking a major strategic shift for the coffee giant.

Max Stock CEO Ori Max's annual compensation will surge by 51.8% to 7.8 million NIS after approval by shareholders. The discount chain recently reported strong Q2 financial results.

Six senior partners from Herzog, Fox & Neeman, led by Guy Neeman and Lilach Kenan, are launching Israel's first AI-native law firm focused on corporate litigation and white-collar defense.

SK Hynix is in early talks with Intel to manufacture memory chips in the US, potentially leasing an Ohio facility or forming a joint venture to meet soaring AI demand.

Harel Wiesel and Fox Group are in talks to acquire a stake in the premium home design chain Soho. The deal aims to strengthen Fox's footprint in the home decor and lifestyle sector.

BladeRanger signed a binding MOU to merge its subsidiary Envoy Technologies into CID HoldCo at a $65 million valuation, marking Shmulik Yanai's third exit in two years.

Bezeq secured the Accountant General's major tender at Israel's Ministry of Finance, capturing 70% of government data communication services for up to 10 years.

The Nekudat Teva health food chain in Israel has closed all nine stores and filed for a stay of proceedings with 14 million shekels in debt, citing the prolonged reserve duty of its co-owner in Gaza and economic pressures.

Fortissimo Capital has filed a lawsuit in the Tel Aviv District Court to cancel a 10.5 million shekel stock deal with businessman Ronen Elad, citing fundamental contract breaches.

Former Bank Leumi senior executive Tzachi Artzi is set to receive a 4.6 million shekel annual compensation package at Nawi Group, surpassing the CEO of Bank Leumi.

Shaul Kobrinsky resigned as Migdal Insurance investment committee chairman following Capital Market Authority rulings against holding concurrent roles at Strauss Group.

Afcon Holdings has secured an additional 100 million shekels in railway substation works from Israel Railways, bringing its total project scope to 560 million NIS.

Chinese automakers FAW and GAC are pursuing state-backed consolidation amid falling sales and profits, a move that could reshape automotive markets, including Israel.

US President Donald Trump's net worth surged to a record $7 billion, boosted by digital currency projects, real estate, and global licensing deals since his 2024 election victory.

Pittsburgh's historic Penn Brewery has been acquired by a new investor group after filing for bankruptcy in March 2026, saving the 40-year-old institution from liquidation.

Unique Tech announced that its portfolio company Motive Technologies raised $1.3 billion from General Catalyst, postponing its IPO. Motive's ARR has surpassed $600 million.