Economy

Buying for 20 thousand shekels, paying another 4,300: how much does a credit deal really cost?
A credit deal looks like just another way to spread out a purchase, but in practice, it is an interest-bearing loan. At an average interest rate of about 13.2%, a purchase of 20,000 shekels can reach more than 24,300 shekels when spread over three years. The difference between "installments" and "credit" can be worth thousands of shekels.

Mizrahi Tefahot Bank Records 56% Jump in Trading Volume
The bank is renewing its market-making agreement on the Tel Aviv Stock Exchange for another year following an unprecedented improvement in stock liquidity and trading volume, alongside increased interest from new investors.

Rami Levy and Israir in a historic move: towards a revolution in flights to the USA
Israir has completed all requirements and received flight permits to operate routes to North America, with ticket sales expected to open shortly.

Toyota Shakes Up the Israeli Market: A Family Vehicle for 284,990 NIS
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.

After a 93% surge: Senior CEO sells shares for 7.7 million shekels
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.

An axe in a Ferrari and Israeli citizenship: The giant company whose managers are disappearing one after another
The largest crypto giant in Eastern and Central Europe has been experiencing dramatic upheavals in recent years. The legendary CEO, nicknamed the "Crypto King," was likely murdered, leaving many questions. The person who replaced him has also disappeared, and it is claimed that he fled to Israel.

On the way to New York: Israir received final approval to operate flights to the USA
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.

Sandisk stock jumped 3,400% in a year, but that didn't prevent layoffs
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.

Terminal X boosts growth engines: revenue jumped by 20%, net profit nearly doubled
Independent brands already account for 23% of revenue and show significantly higher profitability. The company continues to expand its acquisition portfolio.

3-fold profit jump: Real estate and infrastructure giant crushes forecasts
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.

Baladi breaks records: 50% profit jump and dividend distribution
Israeli food manufacturer Baladi has reported record-breaking financial results for Q2 2026 and announced a 20 million shekel dividend distribution.

Baladi's net profit jumped by 50% in the second quarter, despite minimal revenue growth
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.

Tidhar: Unusual IPO expenses eroded profit, and by how much did the prices of sold apartments drop
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.

Prenuptial Agreement in High-Tech: What Happens to Shares, Options, and the Startup Upon Separation?
A startup can start from an idea and grow into an asset worth millions, but what happens if the couple separates along the way? Attorney Merav Aharon explains why entrepreneurs and high-tech employees should think ahead about shares, options, intellectual property, and the side that stays at home.

Osher Ad slashes prices: products from just 9.90 NIS
Massive sales at the "Osher Ad" chain offer basic consumer goods and a variety of home appliances with discounts of hundreds of shekels, drawing significant consumer interest.

Harel Wiesel smiles: The company that doubled its profit to 14 million shekels
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?

Solana Accelerates Network Performance: Upgrade Ahead of Activity Surge
Are we on the verge of another wave of gains? In the shadow of events in the financial markets, this crypto network is shortening transaction processing time. Will the upgrade make the network significantly faster?

Rotem Sela reveals: The new business venture born from a joke
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.
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From Receptionist to CEO of Fattal: The Price of Success on the Way to the Top
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' Startup Closes Down — Returns Remaining Capital to Investors
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.

70% of value wiped out: Shein heads to Hong Kong Stock Exchange at $27 billion valuation
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.

Shein IPO in Hong Kong: Valuation cut by 75% from peak
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.

The Samsung paradox: Distributed $80 billion and crashed in trading
The technology giant presented the largest profit distribution plan in its history, but investors who expected more sent the stock into a sharp decline of more than 8% following the absence of one dramatic commitment.

The chameleon that catches the eye: the coin recording a jump of more than 72,000%
A small coin recorded an unusual jump within a day. What is hidden behind the crazy number, who is behind the project, and is this a project with an interesting story or a bubble that will burst soon?

Neta Alchimister and her husband in an unusual real estate deal: property value revealed
The Israeli model and businesswoman are preparing for a major change in their lives. After a long wait, they are moving into a new, luxurious property designed with a Thai-inspired atmosphere.

The crash of fashion giant Shein: company value plunged by 70%
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.

192% jump in profit for Israeli company: these are the deals that led to it
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.

Five things to know ahead of the stock market opening
The Tel Aviv Stock Exchange is expected to have a challenging opening this morning. Dual-listed chip stocks will weigh on the market. Earnings season: Navitas and Fox report today, insurance companies later this week. Morning in the world: declines in Asia, stability on Wall Street. Money is moving: the ETF signaling the great rotation on Wall Street. SanDisk among them: leading Wall Street...

A rare event: Cyber startup closes, founders to return part of the money
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...

Tax Authority Clarifies Election Day Pay Rules for October 27
Ahead of election day, the Tax Authority has published clear guidelines regarding tax deduction rates for temporary election workers, clarifying procedures for both adults and minors.

Ahead of the market opening: The stocks that will weigh on the stock exchange today
Dual-listed stocks return with a negative gap, as chip stocks are expected to fall before the big event on Wednesday. The local reporting season is in the final stretch with Phoenix, Menora, Harel, and Partner. What is expected today?

The interest rate decision is approaching: the drama behind the scenes at the Bank of Israel is revealed
The Bank of Israel is preparing for a fateful decision in the shadow of surprising data from the labor market and inflation, as senior economists now estimate the real chance of a revolution in the interest rate in the coming days.

Mizrahi Tefahot Bank: Interest Rate Forecast for Israel Worsens
The bank's chief strategist analyzes market turmoil and explains why rising energy prices and US policy decisions may prevent the Bank of Israel from cutting rates.

National Insurance Institute with good news for benefit recipients: money will be transferred in just 3 days
Due to the weekend, the National Insurance Institute is updating on the early payment of a series of benefits and grants for hundreds of thousands of eligible people in Israel. How much money will you receive in your bank account and when exactly?

Defective fuel disabled a new car: station to pay 26,000 shekels in compensation
The Magistrate's Court in Netanya ruled that fuel that did not meet standards at a Paz gas station in Bat Yam, managed by the Rametop company, caused the breakdown of a five-month-old hybrid Toyota. The company will compensate the car owner and the insurance company AIG.

Opening the Jackson Hole week: Calm in the forex market, dollar above 2.98 shekels
The foreign exchange market remains calm ahead of the Bank of Israel's interest rate decision and the Jackson Hole symposium. The dollar is trading above 2.98 shekels, while the euro is slightly below 3.49 shekels.

Bought an apartment in Tel Aviv - and sold at a loss of one million shekels
A couple who bought an apartment on Dizengoff Street waited 4 years only to discover that the apartment's price had dropped significantly. On the other hand, those who held an apartment in Tel Aviv for a long period earned over 10% per year.

The Hailo pit: Delek Automotive transferred Veridis shares worth 645 million shekels to Delek Motors
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.

Capital Market Authority against Mor and Katzman: Orion meeting convenes to elect directors
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.

Over 100% return in two months: Is Wix making a comeback?
Wix stock has more than doubled in value since its June low. Subsidiary Base44 and entrepreneur Maor Shlomo have become the main growth engine with an ARR of $200 million. Also: Is the AI comeback already fully priced in by Wall Street analysts?