Economy

Fashion giant closes dozens of branches and takes an unusual financial step
Against the backdrop of closing branches and logistics centers, American fashion giant American Eagle Outfitters sold rights to federal customs refunds at a discount to secure immediate cash.

Input index spike erodes Danya Cebus profit by 12.8%
Danya Cebus released its Q2 2026 results, showing steady revenue but a 12.8% decline in net profit due to rising construction costs and commodity prices. The board approved a 30 million shekel dividend distribution.

Luxury apartment in Tel Aviv for one million shekels: The unusual offer from the Hagag Group
The company selling luxury apartments in Gush Dan has launched a new promotion: buyers can move into an apartment with an initial payment of one million shekels, with a guaranteed return of up to 52% over the first two years.

How a few hot stocks can make 'twin' funds behave as if there is no connection between them
Index funds that appear to invest in the same way are showing very different performances this year due to portfolio composition differences.

The CEO's vote of confidence in turning Holmes Place into a growing wellness company
Starting as a gym chain, the company is transforming into a diversified health and sports group, operating dozens of clubs in various styles. Operational leverage may allow it to realize its ambitious goals for 2030, provided the security situation remains stable. The CEO has already voted with her own money. Company analysis.

Next Vision's profit jumped 130% in the quarter; stock surges in Tel Aviv
Revenues of the manufacturer of stabilized cameras for drones rose by 138% in the second quarter, a growth driven by an increase in sales volume and the number of customers. The company is raising its revenue target for this year to $355 million, or a growth of about 111% compared to 2025.

Special offer until August 30: 1,000 shekel bonus for a vacation in Israel with a phone purchase
The Dynamica chain is launching a summer promotion: customers who purchase and pre-reserve a mobile device for pickup in Eilat will receive a 1,000 shekel bonus for a vacation via the Gulliver website.

What is the Concentration Committee, and how does it limit powerful economic entities?
Shapir attempted to acquire the oil refinery in Ashdod, but the Concentration Committee recommended against the deal. We examine the authority and criteria this body uses to evaluate the influence of major players on the economy.

The Japanese Trap: Four Companies, a $100 Billion Loss
Four life insurance giants in Tokyo are stuck with massive losses on government bonds following interest rate hikes. Now, as the yen plunges to record lows and the Americans scramble to calm the currency market, the local complication is becoming a dramatic test for the global economy.

35% Jump and Large Dividends: Partner Cuts Debt in Half
Despite competition and war-related challenges, Partner reports a dramatic reduction in net financial debt to 128 million shekels and a positive net gain in television subscribers for the first time in four years. All data is based on financial reports.

Foreign Investors Pour Hundreds of Millions of Shekels into Israeli Stocks
Despite mixed market trends and warnings from economists, foreign investors continue to increase their exposure to the local market, while institutional entities have taken the opposite approach.

Renowned culinary institution goes bankrupt after 90 years: liquidation request and massive debts
The "Chenoys" restaurant in Montreal, which operated for decades and was known for its smoked meat sandwiches, has closed due to debts of over one million dollars. The court rejected the request to cancel the liquidation: "The company was clearly insolvent."

New data: Tiberias and Jerusalem lead in the rate of investors owning multiple apartments
A sharp decline in the involvement of investors holding three or more apartments is changing the investment map. Tel Aviv, Haifa, and Beersheba are losing their strength, while Tiberias, Safed, and Jerusalem are becoming the main centers of activity, especially in cities with a prominent Haredi character.

When influencers enter the world of real estate: A guide to filtering noise on social networks
The volume of sales by contractors remains low, and alongside creative promotions, a new tool has entered the picture: influencers and customer clubs. This is a natural industry development, but it is important to know how to filter the noise. Weekly column.

Eyal Shani in a major deal with a $1.4 billion entity: 'I am excited'
Eyal Shani is bringing "Miznon" to the US Open tournament, one of the most prestigious sporting events in the world: "I am excited to bring Miznon to the US Open for the first time. It is much more than a tennis tournament. It is a celebration of people, movement, and life," the renowned chef declared.

Revolution in the South: State to Subsidize Ashkelon Projects with 148.5 Million Shekels
The Government Authority for Urban Renewal has announced a new call for proposals to subsidize 'pinui-binui' projects in Ashkelon. The state is investing significant funds to ensure the implementation of projects that are not otherwise economically viable.

Uzi Sofer brings a new biomed company to Tel Aviv: Alpha Tau to dual list
The biomed company of the former BrainsWay CEO, which developed a cancer treatment, will list its shares for trading on the local stock exchange as well. After a 300% jump in the last year, the company's shares are trading at a valuation of $1.2 billion.

Who moved my sticker? The dispute over a bottle of vodka
Global Spirit, the official importer of Finlandia vodka, has filed a lawsuit against distributor M. Almog Marketing. The plaintiff alleges that the defendant is illegally applying branding stickers to parallel-imported bottles.

Doral invests $738 million in US operations — gains control of American subsidiary
Doral is increasing its stake in its US subsidiary, Doral LLC, to 53.2% through a $738 million investment. The deal aims to strengthen the company's primary growth engine and provide sufficient liquidity for project development.

About 1,200 shekels will enter the account tomorrow: are you eligible too?
More than 140,000 families will receive a grant from the National Insurance Institute intended to ease the financial burden associated with preparations for the upcoming school year. This is an increase of about 35 million NIS compared to the amount paid two years ago. All amounts are in the article.

Fashion chain Zara slashes prices in Israel: up to 80% discount
The Zara sale is reaching its final stretch, with significant discounts on clothing items now being sold at particularly low prices — discounts reaching 80%.

A massive stock market crash: Maytronics shares collapse 98% to a 15-year low
The pool cleaning robot manufacturer from Kibbutz Yizre'el, once valued at over 9 billion shekels, has fallen below a 200 million shekel valuation for the first time in 15 years. We examine what went wrong and why a recovery remains elusive.

The millions Shikun & Binui Energy will pay to retain senior executives
The energy company seeks to grant a bonus of nearly 7 million shekels to its senior managers to ensure they remain until the merger with PowerGen is completed. Additionally, the vesting date for their options will be advanced, allowing them to exercise them as part of the deal.

Ministry of Finance tightens green tax formula: thousands of car models may see price hikes from January 2027
The Ministry of Finance has published an updated formula for calculating green tax benefits, which may lead to price increases of thousands of shekels for many models starting in January.

After the cancellation of exemptions: a new plan in Ramat Gan will lead to betterment levies of hundreds of thousands of shekels
About a year and a half after the abolition of building exemptions, the Ramat Gan municipality has introduced an "Exemption Anchoring Plan." This move is resulting in betterment levies of hundreds of thousands of shekels for owners of old apartments during property sales.

Work accident for the self-employed: A guide that could save you tens of thousands of shekels
Self-employed individuals pay National Insurance (Bituach Leumi) every month, but when the moment of truth arrives, many find themselves falling through the cracks. Attorney Tali Dayan explains why the burden of proof for the self-employed is higher, which mistakes can be costly, and how to prepare correctly before anything happens.

Israeli investment house launches real-time expert recommendation tool
Excellence Trade, part of The Phoenix, is launching a free technological tool that sends personalized investment recommendations directly to the app. The client only needs to approve the recommendation, and the system transmits the order to the stock exchange.

Will the S&P 500 make history this month: Five things ahead of the trading day
The trading week opens amidst geopolitical uncertainty surrounding the Strait of Hormuz. Wall Street returns from a strong week with major indices at record highs. Following an employment report that lowered interest rate hike expectations, investors are now focused on the upcoming Consumer Price Index. Today's earnings in Tel Aviv include Camtek and Next Vision.

Tnuva enters a surprising market: the company's new product series
The food giant is seeking new growth engines and expanding its operations beyond traditional categories. Alongside the launch of a vitamin and nutritional supplement series, the company is considering entering the pet food market.

Elon Musk vs. the short sellers: "I am trying to warn them and they are not listening"
The volume of bets against SpaceX stock has surged sharply. Elon Musk warns them repeatedly on X that they are playing with fire, but they are actually increasing their positions. What does this actually mean, and what could happen if the stock reverses?

Rami Levy is giving away 500 shekels: the promotion ends on 16.8
The Rami Levy Hashikma Marketing chain has launched a social media contest offering a 500-shekel shopping voucher and a home care package to the winner. Find out how to participate and what you need to do to win.

Insurance companies are counting on your laziness: how to save hundreds of shekels when renewing your car insurance
Between 2021 and 2024, car insurance premiums jumped by an average of 42%, but since early 2025, rates have decreased by about 10%. Many companies still offer renewals at last year's prices, which often leads to significant overpayment for consumers.

In the shadow of the AI revolution: The truth behind US bond yields
The Swiss bank's economic review reveals new data on the massive fundraising of technology companies and explains why investor concerns about market distortion may be misplaced.

Ahead of the market opening: The two stocks expected to jump today on the stock exchange
Dual-listed chip and software company stocks are expected to lead the opening in the green following a strong week on Wall Street. This week: almost all banks are reporting, and the US CPI will be released on Wednesday. What is expected today?
"Not a million and a half that fell from the sky": How much did the winners of the 'Mechir Lemishtaken' program really earn?
Hundreds of new apartments have hit the market following the end of the sale restriction for winners of the 'Mechir Lemishtaken' program in Glil Yam. Supply has jumped more than 3-fold and prices for 4-room apartments have dropped, while the rental market has seen a sharp rise. A veteran broker in the neighborhood sets the record straight.

Historic 1900 Home Offered for Sale for One Dollar
A historic house in Maine is on the market for one dollar, but the buyer faces the significant challenge of relocating the structure within the next few years.

Mizrahi Bank left, but Beit Mani recovered: Behind the Sela Capital Real Estate reports
The evacuation of the bank's offices in the Moshe Aviv Tower resulted in a loss of about 3 million shekels, but new leases and the deal in Kfar Saba boosted half-year revenues to 206 million shekels.

Rami Levy, Carrefour or Shufersal: Where to find the most affordable shopping in Israel
A survey conducted ahead of Rosh Hashanah reveals the most affordable supermarket chains for meat, poultry, fruits, and vegetables. Rami Levy leads the market by a significant margin.

Wages in Israel are soaring: Worrying data complicates Bank of Israel's work
According to a new macro review by Leader Capital Markets, the economy is recovering rapidly, but an annual wage jump of about 7% creates a real inflation risk and complicates the next interest rate decision.

The shekel, Iran, and the cost of living: Mizrahi Tefahot Bank presents a forecast for Israelis
The bank's chief strategist, Yoni Fanning, analyzes the impact of political reports on the exchange rate, identifies sectors suffering from a labor shortage, and warns of economic consequences.