Economy

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.

Rami Levy Enters New Market: Pop-Up Store Opens at Grand Canyon
Rami Levy and his partners at Good Pharm are expanding into a new niche with the launch of a K-Beauty pop-up store at Ofer Grand Canyon in Petah Tikva. The 200,000 NIS project is expected to operate for approximately six months.

Only a 2% chance: The government move that effectively ended the 'Discounted Apartment' program
The benefit for reservists is justified, but the numbers do not lie: more than 100,000 people in need of housing are left with minimal chances, and the state has no alternative plan. Is this the end of the program for those who do not serve?

Morning in the markets: Tokyo Stock Exchange jumps by about 2%, oil prices rise
Globes presents a first update on the state of markets around the world. This morning: rising share prices in Asia, Tokyo Stock Exchange leads the positive trend. Oil prices are recording slight increases against the backdrop of uncertainty regarding the Strait of Hormuz. Wall Street returns from a winning week, with leading indices in record territory. And also: with a 40% jump in a week...

Slight retreat in the shekel at the start of inflation week: dollar at 3.00 shekels
The shekel shows a slight retreat at the start of inflation week. With CPI data due in the US on Wednesday and in Israel on Friday, markets are bracing for key indicators that will influence future central bank decisions.

German punctuality has gone off the rails: bonuses for executives are in the crosshairs
Due to persistent train delays, the Minister of Transport is demanding that compensation be linked to performance. On the Berlin-Hamburg line, only about a quarter of trains arrived on time. The goal: to reach a 70% punctuality rate by 2029.

Defense companies soar, real estate firms struggle: 9 out of 20 new stocks trade below IPO price
Since the beginning of the year, 20 companies have raised 7.7 billion shekels through IPOs. Despite the success of the defense sector, nine out of 19 stocks currently trade below their IPO price amid market caution.
Shufersal's Quiet Move: The Brands You Might Not Have Known Belong to the Chain
Europe is already there, Israel is far behind: the Shufersal model or the Carrefour model, who will win? Does reducing the power of suppliers only increase the power of the chains themselves?
"Hello First Grade": The Great Backpack Test by Maariv
A huge selection of backpacks awaits students and their parents ahead of the first day of school. From Barbie and Stitch to One Piece and POP-K, including ergonomic back systems, padded shoulder straps, and built-in wheels.

Nofar in talks to acquire energy company Highlight for 100-150 million NIS
Nofar Energy, controlled by Ofer Yanai, is in advanced negotiations to acquire the energy company Highlight. The potential deal is valued at 100-150 million NIS.

From nuclear energy to chips: A painful awakening for retail investors in 'dream stocks'
After suffering heavy losses from 'dream stocks', Israeli retail investors are shifting their portfolios toward chip giants and AI. This transition reflects a move from chasing hype to targeting long-term macro trends.

Customs duty on canned tuna cancelled, but consumer price barely moved: down by 1.1%
The attempt to lower canned tuna prices by removing customs duties led to a meager 1.1% reduction in consumer prices. Savings for households are estimated at 3.35 shekels per person annually.

Phoenix establishes a hedge fund management company
Israel's largest financial asset firm, Phoenix, is launching its own hedge fund division. The company is recruiting senior industry professionals to compete with established firms like Sphera and Alpha.

Acquisitions and a new product: The sleepy Israeli stock that rose 35% in one day
The veteran video company, which lost 86% after its IPO, surged sharply following the launch of an AI product and reports that beat expectations. Will the acquisitions it made and its entry into the world of visual avatars breathe life into it against giants like Synthesia and Nvidia, or is this premature enthusiasm?

The joint initiative of commercial real estate companies to ease payments to the state
Globes has learned that a number of companies have formulated a joint appeal to the government, aiming to change procedures and reduce payments for office land. The goal: to incentivize construction, due to the crisis in the high-tech sector and high interest rates.

Funds that bought Cimed bonds cheaply expect multi-million profit from asset sales
Trustees of the collapsed summer camp company Cimed have reached agreements to sell its assets, potentially allowing for full debt repayment to Israeli investors. Funds like Clearmark and Brosh, which purchased bonds after the collapse, expect significant returns from the realization of hidden value.

Data reveals: Construction defects found in the overwhelming majority of new apartments
The cumulative cost of repairing construction defects in new apartments reaches 2.2 billion shekels per year, according to an analysis by the company Lead Handasa. According to the findings, 97% of apartments had flooring defects, and 94% had plumbing defects.

Frequent Flyer club profits reach $75 million annual pace
The El Al customer club has become a highly profitable asset for the airline, with margins comparable to the high-tech sector. In the first half of the year, the club's profit jumped 22% to $38 million. The transition of the Fly Card credit card operation to Isracard is expected to drive further business growth.

Osher Ad crashes prices: popular ride-on toy for only 39.90 NIS
The discount chain offers an unprecedented price for the popular ride-on toy, while competing toy stores charge nearly three times as much. We analyzed the significant price gaps found in the market.

The Great Escape: The tax that threatens to empty California of its residents
An unprecedented wave of departure has been recorded among California's wealthy, who are abandoning the state following extreme tax policies and preparing for a vote on a new wealth tax. Many of them are turning to New Zealand, where they are purchasing "golden visas" that allow them to live, work, and study in the country in exchange for an investment of millions of dollars, reports the Financial...

Crisis at Ion: Failed to pay rent, employees locked out of offices
The financial technology and data group Ion, owned by billionaire Andrea Pignataro, has missed rent payments for offices across three continents. Landlords have restricted employee access to premises due to outstanding debts.

The Tax Authority reminds immigrants of tax benefits
Did you immigrate to Israel in recent years? The Tax Authority reminds you of the benefits that can reduce your tax liability in your first years in the country, alongside tax exemptions on certain income from abroad. And what has changed for those who immigrated in 2026?

A reminder from the Bank of Israel: funding needs a source
Benjamin Netanyahu seeks to increase the defense budget for the next 13 years without identifying funding sources. Experts warn that this strategy increases debt and risks, undermining Israel's fiscal credibility.

Unprecedented wealth: The 5 leading powers by number of billionaires
A massive wave of global wealth growth highlights the economic powers dominating the market. The USA remains at the top, while other nations showcase distinct models of capital accumulation.

Abir Kara attacks sharply: "Instead of fighting crooks, they are fighting all citizens"
The entrepreneur and social activist launches a frontal attack against the Tax Authority's new VAT reform, claiming that the new digital mechanism will not stop criminals but will specifically harm law-abiding businesses.

Tzomet Sfarim changes policy: will reduce intake of self-funded books
The Tzomet Sfarim chain is introducing a new filtering process for self-funded books. This policy aims to streamline operations and improve the overall customer shopping experience.

Heading into the week on Wall Street: The figure that will determine the fate of the interest rate
Tomorrow, Monday will report under heavy pressure as the stock has plummeted about 37% this year, the company fired 20% of its staff and approved a generous compensation package for the CEOs. This week, the US Consumer Price Index will also be released, which may decide if the Fed will raise interest rates.

Fearing replacement by AI systems: AIG Israel employees declare a labor dispute
The AIG Israel workers' committee has declared a labor dispute citing disagreements over a collective agreement and concerns that AI implementation will lead to job cuts.

Capital Markets Authority tightens oversight: New reporting obligation for remaining P2P companies
The Capital Markets Authority has introduced new requirements for P2P companies, mandating automated reporting. The regulation aims to protect lenders and increase transparency in the sector.

Super-Pharm shakes up the market: gifts and discounts until August 18
The largest pharmacy chain in Israel, Super-Pharm, is running a series of promotional events. In the beauty category, customers receive a toiletry bag as a gift with the purchase of two L'OREAL MEN EXPERT products.

Dramatic news for reservists: 550,000 shekel discount for purchasing an apartment
News for reservists: about 20,000 opportunities to purchase an apartment or land under preferential conditions in the next two years. The Prime Minister, the Minister of Construction and Housing, and the Minister of Finance jointly announced benefits for reservists, including increasing the priority in 'Apartment at a Discount' lotteries to 75% and expanding benefits for land plots.

Bank of Israel extends the 'Follow Me' mechanism for switching between banks until 2029
The Banking Supervision Department at the Bank of Israel has proposed extending the automatic payment routing service for customers switching banks by three years. The measure aims to ensure financial continuity.

Mega Or: Operating income from signed data center agreements reaches 740 million shekels
Mega Or's signed contracts for its data center assets are generating an annual net operating income (NOI) of 740 million shekels, marking an 89% increase over the company's total 2025 asset NOI.

First post-IPO reports for importer of Nature Valley and Häagen-Dazs: net profit jumps 31.6%
Rustic Bakery has released its first financial reports since its IPO. The company reported a 31.6% increase in net profit to 23.5 million shekels, with total sales rising 3% to 194.5 million shekels.

Banks, Elbit, Isracard and more: The big reports this week on the stock exchange
Hapoalim, Leumi, Discount and Beinleumi are reporting this week, alongside Elbit, Strauss, Cellcom and Isracard. What is the market looking for, and why is it important to you even if you haven't bought a single share directly?

What to expect in trading tomorrow, and will the S&P 500 make history this month?
Uncertainty surrounding the Strait of Hormuz continues to loom over the markets. Wall Street rose to a new high after the employment report dramatically lowered expectations for an interest rate hike. All eyes will be on the consumer price indices in the US and Israel. The reporting season in Tel Aviv is heating up with reports from four of the five largest banks. And also: the strategist who...

Electricity Authority: Phoenix is not a competitive problem at the Dorad power plant
The Electricity Authority signals that institutional entities will receive more lenient treatment regarding concentration issues in the electricity sector, even when they hold a series of production and storage assets. Electricity Authority: "There is no impediment to approving the allocation of rights to the Phoenix group based on considerations of economy-wide concentration."

Disappointment for investors: Bitcoin declines, red trend in the market
The digital currency market is showing a day of relatively negative fluctuations. All leading currencies recorded a daily decline, with the BNB coin being the only one to record a jump of 1.37%.