Economy

Following the $32 billion sale of Wiz to Google and his move to acquire Reshet 13, cyber-giant founder Assaf Rappaport is in talks to purchase the McDonald's Israel franchise, which operates 225 locations.

The largest engineering and project group in Israel will pay 35 million shekels for 75% of the shares of Bar-El 27 Industries, with the aim of expanding its industrial activity and diversifying the group's revenue sources.

After an exceptionally strong quarter, the Israeli company is raising its forecasts for 2026 and presenting dramatic clinical data for the treatment of PTSD and clinical depression, alongside a huge backlog of orders.

US annual inflation slowed to 3.4% in July, matching market expectations. The Consumer Price Index rose by 0.1% month-over-month.

A review by the Ministry of Finance's Chief Economist indicates that apartment purchase cancellations have surged by 41%, rising from 1,294 in January to 1,821 as of August 2026.

Manif is slowing down new credit distribution amid real estate market stagnation. CEO Maor Duek announced a tightening of the underwriting model to manage risks in the current volatile economic environment.

Following the massive success of its Purim collection, Max Stock is launching an exclusive back-to-school line featuring internet star 'De Cohen'. The range includes backpacks, stationery, and gadgets at highly competitive prices.

OPC reported a successful second quarter with revenues jumping 94% to $379 million and adjusted net profit rising to $34 million. The growth was driven by increased ownership in US assets and a shift to dollar-denominated reporting.

The reform promoted by the Tax Authority is intended to fight fictitious invoices by collecting VAT in real-time, instead of the periodic reporting practiced today. The Institute of Certified Public Accountants warns of damage to the cash flow of small businesses and the passing of costs onto consumers. At the same time, the question arises as to how input VAT offsetting will be carried out and...

A new law will require certain businesses to record sales calls and keep them for up to two years, with the aim of fighting fraud and consumer exploitation. However, opponents of the move warn of a heavy economic burden that will be passed on to the consumer, exposing businesses to fines from the Privacy Protection Authority and a wave of civil lawsuits.

According to Ministry of Finance data, apartment sales jumped by 50% in June compared to the same period last year, during the war with Iran. Despite the growth, the market remains mixed, with Netanya leading in financing benefits offered to buyers.

Following a recent court ruling that created uncertainty in the industry, the Ministry of Justice and the Urban Renewal Authority have published a framework that will allow real estate developers to offer tenants different compensation in Pinui-Binui and TAMA 38 projects. What do real estate experts think of the proposed framework?

Mortgage volume reached 11.5 billion shekels in July, an 8% increase year-on-year. Experts warn that these figures reflect past transactions and create a misleading sense of market health.

A viral TikTok video has sparked a debate over tipping culture: a couple claimed prices at Shake Shack increased after they chose not to tip. The company insists the incident was caused by a technical glitch.

SanDisk, a giant in data storage and flash memory solutions, is experiencing an extraordinary boom in the era of artificial intelligence infrastructure. Since returning to the market as an independent public company in February 2025, the company's stock has surged by more than 3,400%, with a rise of over 400% since the beginning of 2026 alone. Now, enjoying an exceptionally strong cash flow, the...

In every decade, there is one action that has more impact than the rest, and one decision that becomes impossible if you wait. A practical guide by life stage, including the 2.1 million shekel difference between a saver who started at 25 and one who started at 35.

Leading Wall Street indices closed slightly lower on Tuesday as investors remain cautious ahead of July's inflation data. Despite market tension, the current earnings season continues to show strong results, driven by significant investments in artificial intelligence.

CoreWeave shares jumped 8% in after-hours trading Tuesday after the AI infrastructure provider reported revenue that beat Wall Street analyst forecasts. Quarterly revenue reached $2.58 billion, a 112% increase year-over-year, highlighting strong demand for generative AI hardware.

The Ministry of Health has issued an immediate closure order for the 'Oshi Oshi' sushi restaurant in Hadera. Follow-up inspections revealed critical failures, including improper fish storage temperatures and significant cross-contamination risks.

Swiss sports footwear brand On reported second-quarter results that missed analyst expectations. Following a slowdown in US sales growth, the company's shares plunged by 22%.

The tax on sugary drinks was canceled over three years ago, but a new Tax Authority study reveals that part of the price hike remains in effect. The data is particularly notable for products from the Central Bottling Company, including Coca-Cola, Fuze Tea, and Prigat.

Following the launch of a massive branch in Netanya at the site of a former Carrefour, the Sapir Group is preparing to open three additional branches soon in Ashdod, Kiryat Ata, and Kiryat Gat.

The Australian Transaction Reports and Analysis Centre (AUSTRAC) has suspended the registration of Cryptolink as a virtual asset service provider and ordered the shutdown of the company's machines for three months.

The esteemed actress speaks candidly about her financial situation after four decades in the industry. After recently deciding to offer audition preparation services, she sheds light on her economic status: "I've had three people so far. It's impossible to make a living just from acting."

August is one of the most expensive months of the year, putting family budgets to the test. Yohananof is stepping up with a precise solution that proves you can beat the cost of living without compromising on quality, offering everything needed for a perfect summer in one place.

Liberman said that without universal conscription and an extension of service, income tax would have to rise by 16%. This number does exist in official opinions, but it describes something slightly different. The 'Whistle' from Globes.

Savers in the 'Savings for Every Child' program are shifting funds from banks to provident funds. By the end of 2025, the share of bank-managed accounts dropped to 16%.

Iran's demand to impose a transit fee in the Strait of Hormuz is causing deep concern in global markets. Analysts estimate that a fee of 5% to 7% per barrel of oil could generate $18–$25 billion annually for the regime, leading to a global increase in energy prices.

The supermarket chain owned by Eitan Yohananoff is launching a prize-bearing activity in collaboration with the laundry brand "Color Catcher" - five winners will enjoy a voucher worth 200 shekels and a pampering product package - what do you need to do to win and how much time is left to participate? | All the details

The Lesico Group is expanding its footprint in the energy sector. Its subsidiary, Foldmir Binyan, has secured a contract to construct a power plant in southern Israel, with the first phase expected to generate approximately 70 million shekels in revenue.

The Norwegian sovereign wealth fund has cut the number of Israeli companies in its portfolio by more than half due to ethical considerations under heavy political pressure. Its semi-annual report reveals that the value of its assets in Israel has actually increased, driven by the significant rally in the local market over the past two years.

Coming soon to us? The new law that went into effect in France determines that companies cannot call you without explicit prior consent. While the existing database in Israel is porous, in France, a private individual who makes a violating call may face a fine of up to $87,000, while companies that violate the guidelines could be fined up to $435,000 per call.

The credit card company's net profit rose by approximately 4% to 104 million shekels, excluding the one-time payment received from El Al for transferring the FlyCard club to Isracard, which stood at 23 million shekels in the second quarter. In total, the overall compensation CAL expects to receive for the termination of the engagement with El Al stands at 75 million shekels.

America Israel enters into a partnership with Av-Gad in an urban renewal project in Ramat Gan. Hachshara Urban Renewal signed a 1.2 billion shekel financing agreement for a project in Kiryat Yam. The National Planning and Building Council approved two additional complexes in Haifa Bay. The Registrar of Contractors revoked the licenses of five contractors. Weekly real estate news.

Supermodel and businesswoman Bar Refaeli is moving her skincare and makeup brand from online-only to the shelves of the luxury fashion chain Factory 54, allowing customers to experience the products in person.

The Russian airline Transaero, which ceased flights in 2015 and accumulated debts of over 1.1 billion euros, remains in insolvency proceedings. The liquidation process has been extended until September 13, 2026.

The National Insurance Institute has released its report on the 'Savings for Every Child' program, revealing 25.4 billion shekels in accumulated savings. Acting CEO Tzvika Cohen urged parents to take a more active role in managing these accounts to maximize future benefits.

Cellcom presented its strongest quarter in 11 years, with a 44% jump in net profit to 92 million shekels and a 26% increase in operating profit. The main improvement stemmed from a sharp increase in equipment sales and continued debt reduction, while service revenues continued to erode and the stock responded with a rise of about 5% in trading.

Strauss closed the second quarter of 2026 with a 6.7% decline in sales to 2.87 billion shekels. However, net profit doubled to 195 million shekels due to improved operating margins.

The company moved from a loss of $37 million to a profit after the refining margin jumped to $17.9 per barrel. Ukrainian attacks on oil refineries in Russia and the blocking of the Strait of Hormuz reduced the supply of fuel products and boosted profitability.