Economy

Novolog CEO Aviad Bosi and CFO Yaniv Vidavsky will leave their positions in four months. The departure follows the Pozis family's move to secure a 44% controlling stake and replace the board of directors. Oded Pozis is expected to spearhead a new strategic plan for the company.

What caused Bitcoin to break the $69,000 mark almost instantly, and what move by the US Treasury Department reignited the appetite for risk assets?

Rami Levy Shivuk Hashikma has released its financial results for the first half of 2026, outlining a major growth strategy that includes the deployment of dozens of new urban branches and new business drivers.

Clal has broken a record in core business profit, launched for the first time in its history a share buyback program, and crossed 456 billion shekels in assets under management. In an interview with ice, CEO Yoram Naveh explains why he remains "long on Israel," why he will not fight for market share in auto insurance at any cost, and why the "small bank" reform, which is supposed to increase...

Shmuel Harlap, who controlled the car importer Colmobil, turned it into a dominant player in the local market with the Mitsubishi and Hyundai brands, as well as Chery and Omoda. He was among the early investors in Mobileye and made a successful exit upon its sale. At the same time, he was involved in extensive philanthropic activity.

The supermarket chain is launching a major sale on food, personal care, and household products from leading brands. Which items are currently priced under 10 NIS and what offers await in the cleaning department?

A luxury apartment in a flagship project overlooking Yarkon Park has been purchased by a local couple, with the transaction price reflecting a significant premium over recent market averages on the street.

Despite the rise in raw material costs globally and a military operation, the company Klil presents exceptional reports with a 63% jump in revenues and an operating profit that broke last year's records.

An analysis by the Ministry of Finance, presented during discussions on the conscription of yeshiva students, reveals vast disparities in state subsidy eligibility among Israeli citizens. The ministry recommends canceling after-school program subsidies for Haredi draft dodgers starting in the upcoming school year.

Every year, about 1,500 new social workers finish their studies, but many of them do not reach the public sector, and those who do often drop out within two years. Severe burnout, a salary that does not keep up with the cost of living, and an unimaginable workload push them out. "When I started dreaming about work at night, I realized that was enough."

After several years of absence, home appliance giant Miniline is bringing the iconic American brand Frigidaire back to the local market with a new series of refrigerators tailored for Israeli kitchens, starting at 4,660 NIS.

The food chain concludes an exceptionally strong half-year and announces a significant dividend distribution, alongside the opening of dozens of neighborhood branches and new pharmacy and stock branches across the country.

While the fate of the ZIM sale remains undecided, new CEO Chen Lichtenstein is bringing a more open management style to the shipping company, contrasting with his predecessor Eli Glickman. ZIM's second-quarter reports show a return to profitability.

Despite being the largest carrier, El Al ranks behind Israir in the monthly index of online purchases by Israelis. In the back-to-school sector, Delta and Fox are leading the growth.

The jet engine parts exporter doubled its profit to $16 million and grew in all parameters, even though the strengthening of the shekel reduced operating profit by about $5.6 million. The order backlog grew to $3.3 billion.

The Tel Aviv Stock Exchange closed with declines across both major indices. The TA-35 index fell by 0.2% to 4,167.91 points, while the TA-125 index dropped by 0.02% to 4,039.99 points. Shares of Damri rose by 6.65%, whereas Camtek shares plummeted by 7.27%.

The investment house reported a 22% revenue growth compared to the same quarter last year, though net profit declined slightly due to higher commission payments to agents. Revenue gains were driven by expansion in provident and pension fund activities.

The results of the industry leaders — Isracard, Cal, and Max — for the second quarter of 2026 show that the number of their active cards is already higher than the number of residents in Israel. Who led in transactions and who in quarterly profit, and what is the chance that any of the three will advance in entering banking activity? 3 notes on the reports.

The Israeli company Altel has reached the final stage of a tender for the operation and maintenance of Dubai's new Blue Line metro. The project, valued at over $2 billion, is scheduled to launch in 2029.

While eyes are turned to the security tensions, the Swiss bank EFG reveals the main factor that is wiping out billions and explains why some countries in the region are in much greater danger than others.

About a year ago, Buffett revealed his first position in Alphabet stock, which has since grown into a multi-billion dollar bet. It is an unusual investment for the investment giant who recently stepped down as CEO. Is he still pulling the strings?

The board of directors of Dorad unanimously approved a dividend distribution of 250 million shekels. The Luzon Group, led by Amos Luzon, is set to receive 85 million shekels amid a deal to sell a portion of its shares to the Mor investment house.

While the construction industry faces turmoil and many companies report losses, the second-quarter results of the Soferin real estate group reveal encouraging data and a new strategic move set to transform its business model.

Yaki Reisner discusses his independent approach to Israeli film production, his refusal to adhere to public fund regulations, and the surprising success of projects that began as personal hobbies.

UVision CFO Roni Barak has left his position amid the company's IPO preparations. He will be replaced by Eyal Rubin, the current CFO of Nasus Pharma.

Globes presents an index examining the volume of credit card purchases in Israel. Phoenix Gamma data points to increases in all major sectors and a moderation in the tourism sector.

The US FASB has proposed recognizing certain stablecoins as cash equivalents, Metaplanet is launching a US Bitcoin Treasury arm in a $130M+ deal, and South Korea is blocking Polymarket.

The Iranian blockade and Houthi threats have shifted cargo transport from sea routes to land routes through Jordan. Staffing shortages and reduced operating hours at the Jordan River Crossing are causing significant delays. Imports for companies like Sugat and ICL are being stalled, threatening consumer prices. The Israel Airports Authority attributes the congestion to current security...

Ahead of the new school year, Foot Locker has unveiled its 'Back to School' range, featuring accessories and footwear. Here is the pricing breakdown for Nike, Jordan, adidas, and Converse items.

After particularly tense weeks, a surprising turn is being recorded in the trading of Bitcoin and other leading currencies. These are the full data and new prices of the largest digital assets in the market.

The US Securities and Exchange Commission (SEC) is promoting an unprecedented initiative allowing entrepreneurs to raise up to $75 million through a simplified regulatory path. This move, aimed at providing legal clarity, could have global implications, including for the Israeli market.

As part of the ongoing price war between Israeli retail chains, the "Osher Ad" chain is making a dramatic move, offering sought-after beverages and wines from leading wineries at unprecedented prices starting from 59.90 shekels.

In an interview with Bloomberg, Bank of Israel Governor Amir Yaron tempered expectations for monetary easing on September 1, despite inflation falling to a five-year low. While a strong shekel and low indices support a rate cut, the central bank remains cautious due to various economic and geopolitical risks.

A slowdown in data center growth, the impact of a strong shekel, and Meta's departure from the Azrieli Sarona tower weighed on Azrieli Group's second-quarter results.

The south was a key region for 10/90 and 20/80 financing campaigns, allowing buyers to enter the market with low initial capital. As large payments fall due, the combination of high interest rates, repayment capacity issues, and eroding apartment prices in some projects is forcing a recalculation. In the Beersheba area, the cancellation rate for 2023 deals approached 7%, significantly higher than...

The Appeals Committee rejected a building permit application due to objections from residents who were forced to give up a window in their apartment because of an urban renewal project. The judge returned the case to the local committee and ruled that it must examine additional options.

Bank Jerusalem and Migdal have signed a joint financing agreement to establish a 400 million shekel credit line. The funds are intended for providing "jumbo loans" secured by residential real estate.

The Yohananoff supermarket chain is launching a special promotion for the back-to-school season, offering customers a chance to win a dairy gift package. Learn how to participate and stay safe from online scams.

The shipping company reported $1.78 billion in revenue and a net profit of $64 million, marking a significant improvement from the $24 million recorded in the same quarter last year.

The KKL-JNF board of directors has approved a 190 million NIS investment package for environmental, infrastructure, and community development projects in the South. Chairman Eyal Ostrinsky emphasized that strengthening the region is a top national priority.