Economy

A single Israel Land Authority tender for land to build apartments in Ness Ziona has concluded, with a bid that reflects a discount of about 18% on the land. Who are the winning companies, how much does the land cost, and why housing prices cannot really drop in this area.

Increase in core profits and growth in assets under management: Phoenix concludes the first half of 2026 with a total profit of 1.57 billion shekels and an increase in business targets. Excellence Trade crossed the 100,000 client threshold. The company will distribute a 400 million shekel dividend and increase its share buyback program.

Trading on the local stock exchange will open against the backdrop of global pressure in the chip sector. The Ministry of Finance's move failed and US bond yields are not falling - is there a fear of a recurring crisis? The trade war between the US and Canada is deteriorating to new heights. Also: the biotech sector is accelerating following Moderna's surge. Globes organizes the order ahead of the...

A spouse inherits half against children and two-thirds against siblings, a grandchild enters the picture only when their parent has passed away, common-law partners are equal to married ones - and for those with no relatives, the estate eventually goes to the state. The full numerical breakdown, scenario by scenario.

For every shekel deposited into pension savings, the state returns a portion through two completely different mechanisms: a credit (zikuy) under Section 45a, which reduces the tax itself, and a deduction (nikuy) under Section 47, which reduces the taxable income. The guide explains the difference, shows a full calculation of how much a self-employed person saves on an income of 280,000 shekels...

Exemption up to a ceiling, a fixed 10% tax, or a graduated track with expenses and depreciation - the choice seems technical, but it determines how much you will pay this year and how much capital gains tax you will pay upon sale. We break down the numbers, examples, and the depreciation trap.

The PEAX Group presented mixed financial results with record revenues of hundreds of millions of shekels, alongside a severe impact from the exchange rate that caused an estimated loss of millions of shekels in profits.

TSG presents strong financial results for the first half of 2026 with revenues of nearly 250 million shekels, despite a multi-million shekel impact from dollar exchange rate fluctuations.

After recording a drop of nearly 10% in its value over the last three months, the Israeli company published its financial results and presented an impressive increase in equity, which reached hundreds of millions of shekels.

The Israel Land Authority continues to show weak data regarding land marketing. A permanent director has not yet been appointed, and out of dozens of tenders, only a few are intended for high-density construction.

Tel Aviv fell more than 1% as chip stocks plummeted ahead of tomorrow's Nvidia report, but InterCure surged 24.4% thanks to a massive compensation. What is expected today, the day before the week's biggest event?

This week, the National Insurance Institute will finalize benefit payments for hundreds of thousands of eligible Israelis. Here is the distribution schedule and the latest update on payment amounts.

The Tel Aviv Stock Exchange research unit summarized the week, highlighting divergent index performance, significant capital raising in the debt market, and continued investor interest in mutual funds.

Globes provides a first update on the state of global markets. Morning: Wall Street futures are rising slightly after a mixed trading day; Asia is seeing a mixed trend, with KOSPI leading the declines. Trading in Tel Aviv is expected to open with a negative trend due to arbitrage gaps. Oil prices are climbing, and Bitcoin is nearing $80,000. Morgan Stanley warns: "We have entered an era of...

Following the US plan for the financial isolation of Iran, currency markets show minimal movement. The dollar is trading at 3.00 shekels as investors await the Bank of Israel's interest rate decision.

Israeli drivers are flocking to refueling and benefits apps to combat the high cost of living. But behind the promises of "cashback" lie fine print, strict expiration conditions, and surprising refueling restrictions. We compared the 5 leading apps in Israel.

CEO Adi Dana addresses the report regarding the wave of deal cancellations. According to him, "it is less than 0.8%, this is a routine standard deviation." He also commented on the impact of financing benefits.

The Public Transport Authority is considering barring Egged from the Hashmonaim cluster tender. The move follows findings that the company exceeds market share and annual mileage caps set by the Competition Authority.

The Keystone fund and Edeltech have requested that the Electricity Authority accelerate the conversion of their loan into equity in the Sorek power plant. This move suggests that Keystone may have abandoned its bid to acquire Shikun & Binui Energy.

The University of Haifa is facing a 60 million shekel annual deficit. As part of a recovery plan, 170 non-tenured lecturers have received notices of dismissal or position reductions.

The stock exchange is investigating the low participation of retail investors in the TAL closing phase. Data shows they account for only 5% of trading volume, while institutional and foreign investors dominate the segment.

When Horizon Investment House CEO Itay Lipkovich looks at the drama in US bond yields, he sees an opportunity: "When the Treasury intervenes in the market, stocks rise." Why is he looking for bargains specifically in the bond companies the market fears? And also: the tech giant he is convinced will surprise in a big way.

The giant behind the popular language model is aiming for a $2 trillion valuation, potentially replacing SpaceX as the largest issuer. With high growth rates and reported operating profit, the market remains skeptical: is the company subsidizing user queries to undercut competitors?

Following a cold reception from institutional investors, the American real estate company Eagle Properties has cancelled its 500 million shekel bond issuance. The move leaves the offering's advisors and underwriters, including former Israeli Ambassador to the US Danny Ayalon, without their projected 10 million shekel fees.

Financial reports from REIT funds for the first half of 2026 reveal significant delays in the delivery of hundreds of apartments. This results in delayed occupancy and lost rental income, with several cases now heading to court.

Thanks to automatic deposits, market rallies and strong operating leverage, the five largest investment houses recorded a 52% jump in aggregate net profit to 651 million shekels. Meitav and IBI lead thanks to independent trading activities and services for the high-tech sector, while Altshuler Shaham remains far behind.

The Tefal steam iron, model SV6120, is offered at the Oshers Ad chain for 279.90 NIS, while the cheapest offer on the price comparison website stands at 369 NIS.

The actuarial deficit of the National Insurance Institute is estimated at nearly double the cost of the war, and the reserve fund intended to cover it is expected to be depleted as early as 2035 — ten years earlier than originally planned. The aging population is inflating benefit payments, but the question is whether this is the only reason or if there is also a policy failure here. Gad Lior...

Pressure on the chip sector intensifies following reports of a 15% price hike in key systems, while oil prices drop and Bitcoin continues its unstoppable rally.

Ronen Ganon, the Haredi real estate entrepreneur who acquired Ace, Betili, Auto Depot, and 50% of Zol Stock, is entering the big leagues. The plan: to turn Ace into a chain that combines home accessories with food and to double the number of branches within a year. In an interview, he looks back at his childhood as a yeshiva student in a low-income family of seven and tells of the path he took to...

Parallel import is an effective tool for reducing the cost of living, but buyers of Dreame X60 ULTRA robots at "Osher Ad" discovered at home that the device could not be activated. After customers received a refund, it turned out that the solution would cost the parallel importer 80,000 shekels.

The National Labor Court ruled that a self-employed worker injured on the job is not covered by the National Insurance Institute if registration was completed after the accident. Despite the worker contacting an accountant, the court held that this did not constitute valid insurance coverage at the time of the injury.

Stella Weinstein, who previously led the Yamina party, has been chosen to head Noga, a new subsidiary of Migdalei HaYam HaTichon that will offer comprehensive and innovative services for retirees.

The Fox Group held talks with international brands before October 7, but the war halted these plans. Harel Wizel stated that negotiations would resume if Israel enters a prolonged period of stability. Simultaneously, the company plans to expand the Jumbo chain and optimize its import logistics from China.

In an effort to maintain exclusivity, YouTube is paying millions of dollars to top creators. Experts warn that the bidding war could severely hurt Netflix's profitability and the company's stock.

Due to a shortage of external directors, Israel Railways is unable to approve financial statements. The Securities Authority has warned that this paralyzes oversight and threatens the trading of the company's bonds.

A recruitment expert who has worked with Google and TikTok reveals the dramatic shift in the job market and explains which common phrases in resumes cause employers to reject you immediately.

The British company Welink, operator of Portugal's largest solar power plant, has entered insolvency proceedings. The collapse follows a decline in electricity prices, severe malfunctions, and a 143 million euro lawsuit from a Chinese contractor.

The apartment rental giant is shifting its fee structure, placing the financial burden directly on hosts. As experts warn against entering the market, property owners are already passing these costs on to guests.

In an open conversation with investors, Fox Group CEO Harel Wizel spoke about the difficulties of the growth engines at Retailors and Jumbo, alongside the group's recovery in the second quarter of the year.