Economy
After Automax collapse: Dalhom prepares to acquire its direct import franchises
Vehicle importer Dalhom is preparing to acquire the direct import franchise of the bankrupt Automax. The deal, outlined in documents sent to creditors, includes a rehabilitation plan that exempts the buyer from past debts.
"I didn't want to go public, but I swallowed a frog for the next generation"
Ezra (Gad) Cohen, founder of Gad Dairies, discusses his business journey, the company's IPO, and future growth strategies. Despite his initial reluctance to go public, he took the step to fund a new, centralized production facility.
Israel Canada sold apartments for 1 billion shekels — 10 million shekels per apartment in Sde Dov
Half-year data points to a high average of sales. The first quarter was stronger, but the company moved from a net loss last year to a profit, with revenues also rising compared to 2025. The average price in Sde Dov remains high.
Aluma Fund changes its compensation model: waiving compensation derived from accounting revaluations
The infrastructure fund Aluma plans to change its compensation model and seeks to extend the agreement with the management company, which expires in November. It is also expected to distribute dividends for the first time and launch a share buyback program.
Cyber giant jumps 9% after the best quarter in its history
The cyber company beat analyst forecasts for revenue and profit, raised its guidance for the rest of the year, and attributed the growth specifically to the growing fear of artificial intelligence capabilities. What is behind the 67% rally since the beginning of 2026 - and does the stock price already reflect all the news?
"They preferred to think I was a bitch": The most powerful woman in the economy opens up about the road to the top
Dr. Yehudit Richter reveals on Kan 11 the days when she was belittled in boardrooms, the moment she was humiliated by the manager of a medical device giant, and the historic $750 million compensation.
Dessert pioneer makes a huge economic move: Jacobs Bakery bought for 4 million, branch in Ben Gurion Airport
Expanding massively: The "Matuka" group is acquiring the veteran brand "Jacobs Bakery" in a deal estimated at approximately 4 million shekels. As part of the move, the group is entering the bread production field for the first time and establishing a series of new branches across the country, including at Ben Gurion Airport.
Further progress towards a deal: Dan Real Estate shareholders to receive one-third of Donitz shares
Donitz has signed a non-binding memorandum of understanding to merge with Dan Real Estate. Upon completion, Dan's shareholders will hold approximately 33% of the combined company's shares.
A $2.95 billion wipeout: Target stock plummets over offensive costume
A heavy blow for the American retail giant: the chain was forced to urgently remove an offensive children's clown costume and issue a public apology after facing backlash for its resemblance to racist caricatures. The immediate damage: a drop in stock and a $2.95 billion wipeout.
Yitzhak Tshuva and Dudu Zvida in a major move: first dividend and share buyback
The former Hanan Mor company, Tsilu Blue, will distribute a first dividend of six million shekels and carry out a share buyback of ten million. Recall that only in March, Tshuva and Zvida decided to increase their holdings in the company. Zvida: "We have confidence in the company's ability to generate value for shareholders."
Shake-up at a leading Israeli mall: an entire floor section to be closed, major chains respond
Dramatic change at Azrieli Malha Mall: the fast-food court on the third floor is closing to accommodate the relocation of a "Toys R Us" branch. While "Hummus Eliyahu" is leaving the complex, the "Katsefet" chain is looking for a new location.
Polygon board reaches a deadlock, company seeks court rescue
The real estate company Polygon, controlled by Kobi Maimon, has turned to the Central District Court to appoint external directors. The company has been operating without them for over a year, leading to unlawful financial reporting.
Giant deal completed: merger between Donitz Elad and Dan Nadlan
Donitz Elad will receive 100% of Dan Nadlan shares in exchange for share allocation. The Value LBH fund will hold about 16% of Achim shares, while other Dan shareholders will collectively hold 17% of the company's shares.
Admitted in Congress: Bank executive shared confidential information with Epstein
Jes Staley admitted that he passed confidential JPMorgan information to Jeffrey Epstein, including data on transactions and the 2008 financial crisis. He even warned him that the bank had classified him as a "high-risk client." According to Staley, he was unaware of Epstein's criminal activity.
Not just Nvidia: Salesforce and CrowdStrike surged after reports
Salesforce and CrowdStrike shares surged in after-hours trading following quarterly reports that beat analyst expectations. Both companies have raised their annual guidance.
Former Netanyahu advisor, Sani Sanilevich, takes family real estate company public
Sani Sanilevich, a former advisor to Prime Minister Benjamin Netanyahu, is taking his family's real estate firm to the Tel Aviv Stock Exchange. The company aims to raise 200–250 million shekels through a bond issuance.
Eitan Yohananoff: "Selling cars in a supermarket is cool, but it doesn't change the world"
Yohananoff CEO Eitan Yohananoff discusses plans to separate real estate assets from retail, the challenges of the cost of living, and the evolving labor market in Israel's supermarket sector.
Tal Kedem on the way to an exit: Menora enters into an investment in the Agility hedge fund
Tal Kedem and Udi Biton are set to sell a 25%–30% stake in their hedge fund, Agility, to the insurance company Menora. The deal values the fund at approximately 300 million shekels, resulting in a payout of 75–100 million shekels.
After stock drop of over 16%: Tiv Taam outperforms Rami Levy and Carrefour
Second-quarter reports reveal an increase in net profit and revenue per square meter for Tiv Taam, while retail giants Carrefour and Rami Levy show a downward trend for the past quarter.
NFL Champion Seattle Seahawks Sold for $9.6 Billion
Club owners approved the sale of the Seattle Seahawks to an investor group led by billionaire Vinod Khosla. The amount paid places the deal in second place on the list of the largest sales of sports teams in the US.

Wants full control: The move by the Budget Commissioner that is causing concern
Mehran Frozenfer is working to establish a "mini-division," including three new coordinators, which will lead to the weakening of the independent status of the deputies in the Budget Department.
Ithaca, controlled by Yitzhak Tshuva, enters the prestigious London stock index
The oil and gas production company, controlled by Delek Group, is set to enter the FTSE 100 index in September. The inclusion is expected to generate demand for shares worth hundreds of millions of shekels.
162,000 shekels, excluding bonuses: The new contract of the Prashkovsky brothers
The public real estate company is expected to extend the tenure of Chairman Yossi Prashkovsky and CEO and brother Sharon, who are among the controlling shareholders. What does the compensation package include, what is the annual bonus cap, and what new benefit will they receive?
Nvidia beats forecasts again: revenue jumped to $96.2 billion
Nvidia's revenue for the quarter ending in July 2026 reached $96.2 billion, surpassing analyst expectations. The company's net profit surged by 126% to $59.69 billion.
Believing in partnerships: The new move by the Av-Gad company
Barak Finance will invest about 49 million shekels and hold 49% in a new company with Av-Gad, which will take on 24 projects in the center of the country. Bank Hapoalim is investing about half a million shekels in establishing a community space, a cafe, and a workspace at Hermon Square in Kiryat Shmona. And Samsung will launch a web series in addition to a fashion campaign to promote its new...
Gil Agmon takes advantage of Delek Automotive stock decline for massive purchase
CEO Gil Agmon purchased company shares for approximately 148 million shekels, increasing his stake from 49% to 56%. The stock has fallen by 67% since its last peak.
"Largest of its kind in the world": New desalination plant will provide 40% of drinking water
The tender committee has published the pre-qualification stage for a facility that will provide about 40% of domestic and industrial water consumption in Israel. The project in Emek Hefer will be built on 200 dunams and may include a natural gas power plant, and may also support water exports to Jordan.
Profit decline, rise in administrative and general expenses - but disappointing Amal continues to distribute dividends
Amal Holdings' results since its stock market debut last November are disappointing. In the second quarter, the company faced a decline in operating and net profit, as well as eroded profitability amid rising administrative and financing expenses.
"Green light" for settlement: Court appoints manager for Papaya Gaming and freezes proceedings
The Tel Aviv District Court has appointed Adv. Gil Oren as the settlement manager for Papaya Gaming and granted a temporary stay of proceedings. The judge emphasized that the debt settlement plan for the $718 million liability must include owner contributions and potential investor involvement.
The judge was stunned: why did the multi-million lawsuit against AIG collapse?
A request to certify a class action lawsuit for 110 million shekels against the insurance company ended in a complete withdrawal by the plaintiff after the court revealed that the documents submitted were based on artificial intelligence hallucinations.
Isrotel in surprising reports: Net profit jumped by 50% despite the war
Despite the impact of the 'Lion's Roar' war at the beginning of the year, the hotel chain presents exceptionally strong financial results with revenues totaling hundreds of millions of shekels.
Meta got off cheap, but the settlement it reached may change the rules of the game
Meta has reached an $18 billion settlement in a massive lawsuit brought by 29 US states over claims that its platforms were designed to cause addiction among young users. The payment will be spread over 10 years.
The battle over the Ashdod oil refinery reaches the court: a shareholder demands to disclose the agreements with Shapir
A shareholder of the Ashdod oil refinery has filed a request with the Tel Aviv District Court to disclose documents regarding the company's relationship with Shapir Engineering. The plaintiff is preparing a derivative lawsuit, alleging that the board of directors unlawfully granted Shapir de facto control over the refinery.
For only 59,900 shekels: motorcycle brand breaks the market with surprising prices
The Sherco importer is launching the 2027 models and completely eliminating the pricing gaps and bargaining common in the two-wheeled industry with a particularly surprising starting price.
Compromise: Meta to pay up to $18 billion as part of the "addiction lawsuits" against Facebook and Instagram
Meta has agreed to pay up to $18 billion as part of a settlement in a massive lawsuit filed against it by 29 US states, alleging that the company violated the privacy of young users and integrated addictive features.
Harel celebrated its achievement in the Globes brand index during an investor call
Alongside a net profit of approximately 1.02 billion shekels in the second quarter, Harel CEO Nir Cohen chose to conclude the investor call with a different achievement. Cohen took pride in the fact that Harel is the only insurance and finance company to have entered the Globes brand index. "It is not just a matter of recognition, but to what extent the customer trusts and values the brand - this...
Aviation giant returns to Ben Gurion Airport: prices for direct flights to the US
American airline Delta Air Lines is officially resuming flights to Israel starting September 6 following a thorough security assessment. Round-trip economy tickets start at $1,565 and include a cancellation option.
Despite objections: The tender for the construction of the largest desalination plant in Israel is underway
The Accountant General's Department at the Ministry of Finance has published the pre-qualification documents for the international tender for the construction of the desalination plant in Emek Hefer. It is expected to be the largest in Israel and one of the largest of its kind in the world.

Leadership transition at Amanet: New CEO appointed amid financial results
After three and a half years at the helm, Amanet Group CEO Shmuel Alfasi is stepping down. He will be succeeded by Lior Levy Gilor, a veteran of the group who previously led its technology division.
Eyal Golan or Omer Adam: Who is winning the battle of the millions?
The dramatic wealth comparison between Omer Adam and Eyal Golan reveals a huge gap, as for one of them music accounts for less than 2.5% of assets, while the other holds a thriving real estate empire.