Economy

A macroeconomic review by IBI Investment House highlights rising US bond yields, stable inflation expectations, and robust tech-driven global stock market resilience amid shifting monetary policies.

Kanyon HaZahav in Rishon LeZion has opened its new 12,000-sqm Platinum Floor for 100 million shekels, making it Israel's largest mall at 122,000 square meters following full acquisition by Migdal.

A new Solana memecoin named PIGGYBANK has reached a multi-billion dollar market cap, trading alongside JTO tokens while highlighting extreme volatility and community-driven features.

Eli Lilly dominates the booming weight-loss drug market, capturing 60% of the U.S. market share and outperforming rival Novo Nordisk with surging quarterly revenues.

Resigning from a job in Israel under specific legal conditions can grant employees full severance and immediate unemployment benefits, bridging thousands of shekels in potential gaps.

Israel's National Insurance requires monthly payments from all residents aged 18 to retirement, even without income. Accumulating over 12 months of debt significantly cuts future welfare benefits.

The Central District Court in Lod granted a 45-day stay of proceedings for luxury car agency Buy & Drive amid a 97 million shekel debt crisis, aiming to salvage a real estate sale in Netanya.

Azrieli Group launched Palace Azrieli Rishon LeZion, its fifth assisted living facility, built with an investment of NIS 590 million. The 30-story complex features 274 units, with 40% already sold before opening.

HighTechZone, Israel's leading high-tech consumer club, has expanded rapidly through strategic acquisitions and retail ventures, helping hundreds of thousands of members navigate the high cost of living.

The ETGA group announced the appointment of Yinon Maroz as CEO of its non-banking finance arm, Tuam Mimun, following strong financial growth in the first half of 2026.

Surging fuel prices following the war in Iran are squeezing small businesses and bakeries across France, forcing owners to absorb heavy energy costs while maintaining consumer prices.

Israeli families face an estimated 3,500-shekel surge in holiday expenses due to festive meals, children's days off, and cumulative inflation over recent years.

Implementation of the OECD's Pillar Two global minimum tax in Israel stalls in the Knesset Finance Committee amid political disputes, threatening high-tech investments and regulatory certainty.

Bet VaGan executives discuss Tel Aviv's cooling real estate market, margin pressures, and the strategic pivot toward large-scale urban renewal projects in Haifa and Netanya.

Ethereum founder Vitalik Buterin has released a 2030 roadmap to transform the network into a cryptographic world computer, aiming to slash block times and phase out legacy blockchain structures.

Actor Yehuda Levi and Israeli business figures have launched RAVEN, a digital security company partnering with PenLink to protect traveling Israelis and Jews from rising antisemitic threats worldwide.

Stark Power has secured an $85 million credit facility from Bank Hapoalim to finance energy and data center projects in the United States.

A new study reveals Jerusalem's housing market prices properties along light rail corridors up to 10% higher, driven by transportation access and urban renewal potential.

AI agents like Meta's Muse could trigger bank runs by automatically shifting household cash to high-yield accounts, threatening cheap bank deposits.

A Tel Aviv court dismissed multi-million shekel class-action lawsuits filed against a tool distributor, ruling they were a weaponized commercial attack orchestrated by a bitter business rival.

MicroStrategy is proposing a daily dividend accumulation model for four series of its U.S.-traded preferred stock to boost liquidity and capital-raising potential for its Bitcoin strategy.

Prashkovsky Holdings shareholders approved a three-year compensation package for executives Yossi and Sharon Prashkovsky, setting their monthly gross salary at ₪162,000 alongside performance bonuses.

A Jerusalem court awarded 824,000 NIS to a doctoral graduate injured outside a mental health hostel. The association bears 75% liability and apartment owners 25%.

Global markets opened the week negatively as President Trump rejected Iran's Strait of Hormuz proposal, while US bond yields climbed to multi-decade highs and oil prices rose.

Elitzur Avrahami manages a leading 100-dunam etrog farm in Israel, producing 100,000 flawless fruits annually with rigorous manual labor, yielding specimens weighing up to 4.1 kilograms.

A proposal to cancel mandatory pension savings for workers under 40 in Israel could increase disposable income but risk losing tens of billions in compound investment returns.

Israel's food market sees a surge of new product launches, including high-protein yogurts, single-origin Turkish coffee, high-ABV beers, and specialized air fryer foods.

Fox Group will now allow credit voucher redemption on its online stores following a court-approved settlement, offering consumers 527,000 shekels in total discounts.

Asian markets opened the week mixed as Brent crude rose 2% to $106.30 a barrel following reports that US President Donald Trump rejected a conditional Iranian proposal to reopen the Strait of Hormuz.

The Israeli shekel weakened slightly as the US dollar gained amid rising geopolitical tensions and anticipated US economic data releases.

New Bank of Israel mortgage regulations effective October 1 will tighten PTI calculations for all-purpose loans, sparking industry warnings of pushed non-bank borrowing.

Nofar Energy has put its historic core solar rooftop and storage operations in Israel up for sale for 600 million NIS, seeking to cut leverage and boost cash reserves.

Economy Minister Nir Barkat shifted his stance to support Hapag-Lloyd and FIMI's $4.2 billion acquisition of ZIM, following revised terms and security assurances.

Book lovers across Israel can take advantage of major Sukkot sales, featuring warehouse fairs with books priced from 10 shekels and online promotions.

October 7 victims face a looming deadline to claim disability pensions from their pension funds, with experts urging immediate action and state intervention to extend the cutoff.

Lombard Odier experts discuss portfolio diversification, drawing on Harry Markowitz's Nobel-winning principles to navigate market shocks, control risk, and manage asset correlations effectively.

Israeli housing prices have surged, with the average apartment hitting 2.4 million shekels and requiring steep equity, pushing first-time buyers toward peripheral cities.

Scoops chairman Shmuel Shila becomes a paper billionaire as surging share prices lift his holdings past 1.5 billion shekels, driven by strong global performance and American acquisitions.

The Israel Land Authority faces a severe slowdown in land tenders for 2026, reaching less than half of last year's volume amid leadership crises and political instability.

The Tel Aviv Stock Exchange is bracing for its index update, with contractor Yigal Damri, Shufersal, and Kenon facing potential exclusion from the TA-35 index amid shifting market values.