Economy

After two months of purchases: Bank of Israel did not intervene in the forex market in July
The dollar fluctuated around 3 shekels over the past month. In May and June, the Bank of Israel intervened following the strengthening of the shekel, but in July, the Israeli currency weakened.

Gold in Canada: Osisko Gold reveals giant deposits
Mining company Osisko Gold has surprised the market with new drilling results in the Proserpine area of Canada, located just kilometers from its flagship project. The data reveal immense regional potential and the possibility of significantly expanding the company's operations.

A massive $400 billion merger may shake up the pharmaceutical market
Reports of preliminary merger talks between British pharmaceutical giant AstraZeneca and its American competitor Bristol Myers Squibb have sparked significant market interest this week. This is a move that could lead to one of the largest deals in the industry's history, creating a combined company worth approximately $400 billion. Although a senior source denied the existence of the talks and...

KKL-JNF Approves 863 Million Shekel Investment Plan for the North
Nearly 900 million shekels will be invested over three years in programs for infrastructure, housing, and education in Israel's North. This follows nearly a billion shekels already approved earlier this year. KKL-JNF Chairman Eyal Ostrinsky stated that the organization provides immediate funding where state processes are often delayed.

Bank of America CEO revealed: spending more than $250 million a year on weight-loss drugs for employees
Bank of America spends over $250 million annually to fund GLP-1 weight-loss medications for its staff. CEO Brian Moynihan views the expenditure as a valuable investment in employee health and well-being.

Shuki Nir, CEO of SolarEdge: "We are working hard and not looking at the stock"
The Israeli company returned to adjusted profit for the first time in nearly three years, but a weak forecast for the next quarter sent the stock down by about 30% in one day. In an interview, Shuki Nir explains why he remains optimistic and how operations with Nvidia and others could transform the company.

Tnuva closes the Olivia spreads factory: what will happen to the brand?
The company has decided to close the production line at the Olivia factory in Rehovot and will import products from abroad under the brand. In recent years, Olivia has faced growing competition, led by the "Al HaLechem" brand.

Profit CEO analyzes: Competition in provident funds is leveling up
Competition in provident funds is heating up, while independent trading channels are also growing rapidly. Daniel Cohen, CEO of the Profit Group, sorts out hot trends like 'Family Office' and IRA, and explains why the AI revolution only strengthens experts rather than replacing them.

Why bus drivers are becoming one of the most important resources for the economy
In recent years, the status of the bus driver in Israel has become increasingly prominent. If in the past the role was perceived as a technical job of transporting passengers from point to point, today it is a profession with high responsibility, daily impact on thousands of families, and stable employment opportunities for years to come.

Insolvency procedure cancelled: what about debts during the cooling-off period?
The period after the procedure is halted may leave debtors with huge debts before the Execution Office and without an alternative path that fits their financial capacity. How to cope.

600 million shekels for Ashkelon: how urban renewal is being promoted
The government budget is intended to bridge the economic gap in 'pinui-binui' (evacuation-construction) complexes that are not profitable under market conditions, and to enable developers to move from planning to execution — subject to approvals and a tender.
After crashing by 96%: The order from Amazon that is boosting the Israeli company
Apollo Power received an order from Amazon Europe for a solar project in France worth about 2 million shekels; the stock jumped by about 10%, but is still far from its peaks after losing almost 96% in five years.

Zara and H&M have found a gold mine: the new move by fashion brands
The world's largest fashion brands, including Zara, H&M, and Lululemon, are increasingly launching their own platforms for pre-owned items. This strategic shift aims to capture a share of the booming secondary market, which has historically generated billions for third-party platforms like eBay and Poshmark.

A $9.4 billion trap: The hot investment that turned into a nightmare
The decision by the regulator in South Korea to approve double-leveraged ETFs on the country's major technology stocks, Samsung and SK Hynix, was intended to bring local investors back home. The move worked beyond expectations, and the public poured $9.4 billion into these funds in less than two months. However, the timing turned out to be extremely poor: the market experienced a sharp correction...

Construction Site Safety Reform: New Regulations, Costs, and Responsibilities
The number of workplace accidents at construction sites is on the rise, with 393 accidents and 29 deaths recorded since the beginning of the year. New regulations, taking effect in October, expand the scope of responsibility at construction sites and mandate new measures to prevent them. This will change contractual relations between developers and contractors and will also impact the insurance...

Contractor David Azulay's exit: property sold for 50 million shekels
The Israyes 26 group, owned by Israel Dahan and Avi Sabag, has acquired a commercial avenue in the STORY project in Netanya, spanning approximately 2,000 square meters.

Golf Group Profit Jump: Significant Profitability Improvement Driven by Weak Dollar
The Golf Group concluded the second quarter of 2026 with a moderate sales increase, while net profit nearly tripled. The primary driver was a sharp reduction in financing expenses following the weakening of the US dollar.
Palo Alto Enters Flagship Indices of the Tel Aviv Stock Exchange
The cyber giant's stock will begin trading at the end of the trading day in the flagship indices of the Tel Aviv Stock Exchange, with a weight cap of 5%. Its entry will be gradual, and at the same time, the weight cap for Ormat was reduced from 4%.

Fashion stock rankings in July: Harel Wizel leaps to the top
After a split month in June, the fashion market provided a perfect mirror image in July. The stocks that fell the hardest last month led the gains, while those that held up collapsed. What does this sharp reversal teach us about survival in a volatile market, and why does it affect you?

Land worth 150 million shekels purchased by developer for 800 thousand
Only one company participated in an Israel Land Authority tender in Safed, submitting a minimum bid for the land. Meanwhile, Yigal Damri and Megido won land for the construction of hundreds of housing units in Sderot and Ofakim.

Millions of shekels for discharged soldiers: grants of up to 18,000 shekels
As part of the "Influencing in Studies" program, hundreds of discharged combat soldiers and combat support personnel from unique populations received scholarships totaling over 10 million shekels this year.

New Legal Advisor to the Competition Authority: Adv. Yonatan Zweikel
Zweikel, who has served in recent years as Deputy Legal Advisor at the Competition Authority in the civil-administrative field, will replace Adv. Yael Sheinin, who retired this week. Following this appointment, most legal advisory positions in government ministries are now filled.

At a valuation of 200 million shekels: Fox takes control of Itay Brands
The Fox Group has signed a new agreement with the other shareholders of the popular fashion brand, increasing its holdings to 63%. In the first stage, the group will purchase 7% of the company's shares for 11.5 million shekels, while its two partners will each retain 18.5%. The agreement also includes a mechanism for further increasing the stake in the coming years.

Major bondholders supported Nofar — two series that opposed will be redeemed for 400 million shekels
Nofar Energy shares fell by 5.4% amid a dispute with the Securities Authority over financial covenants. The company will voluntarily redeem two bond series whose holders opposed the proposed changes to trust deeds.

Renowned fashion chain files for bankruptcy: "Financial burden of past debts"
The Dutch company Mud Jeans, considered a pioneer in the field of green fashion, has succumbed to past debts. CEO Dion Vijgeboom hopes this is not the end: "The financial burden was too great."
ME ELECTRIC: Mistakes that cost consumers thousands of shekels when buying a refrigerator
Buying a refrigerator is one of the most significant financial investments in every Israeli home. It is a central appliance that operates 24/7 and is expected to last for a decade or more, yet many consumers make costly errors during the purchase process.

Harel seeks to deepen its activity in hedge funds - in talks to acquire Tulip
Harel is seeking to expand its activity in the hedge fund sector through the acquisition of a management entity. The group is in talks to acquire shares in the management company of the Tulip hedge fund at a valuation of approximately 40 million shekels.

Drama at Novolog: Oded Pozis appointed himself chairman and selected a new board of directors
A day after the control struggle was resolved, the chairman and board of directors of Novolog resigned. Oded Pozis, representing the controlling shareholder family, has been appointed chairman, with Ofer Linczewski, Doron Sela, and CPA Sagi Kaduri joining the board.

Training funds (Keren Hishtalmut): July performance and investment insights
The return forecast for training funds in July is approximately -0.5% for the general track and -0.9% for the stock track. Meanwhile, the S&P 500 track is expected to rise by about 2.4% due to the strengthening of the dollar. We analyze fund performance and the significant tax advantages of this savings instrument.
At one-fifth the price of Tel Aviv: 3-room apartment in Israel sold for 525,000 shekels
Despite the uncertainty in the economy and the still-high interest rates, real estate deals continue to be signed across the country. These are the prices buyers paid this week — from Haifa to Beersheba.

"A Climax of Humiliation": The Bullying Epidemic in the Israeli Labor Market
From claims of bullying at the Prime Minister's residence to quiet exclusion in government ministries: the alarming data of the Israeli labor market, and the reason why the problem will not solve itself.

For 160 million shekels: former president of the Contractors Association sold his real estate company
Raul Sarugo and Ampa signed an agreement for the acquisition of his construction company, which holds rights to 6 urban renewal projects expected to include about 1,400 new housing units.

"Bisrabek" opens a new business: "Looking for a franchisee, come make money"
After transforming from an internet star into a successful restaurant chain in Tel Aviv, Jerusalem, and Be'er Sheva, Mitar Saadun has reached out to residents of Holon in search of a franchisee for a new branch: "Whoever is serious, talk to me, come make money."

Vladimir Putin's crypto revolution: the move that will change the rules of the game
Russia approves for the first time a legal framework for the trading and mining of digital currencies, but blocks the possibility of using them within the country and grants banks unprecedented enforcement powers.

Golf: How the weak dollar boosted profit by 180%
The net profit of the Golf group jumped to 15.6 million shekels, the stock has already risen more than 20% this year, and the company continues to distribute dividends. However, there is a factor hidden in the reports that controls the picture and may pose a risk. What investors must understand before getting carried away by the headline.

Ormat beat analyst expectations and raised its annual forecast
Ormat Technologies reported second-quarter results that exceeded analyst expectations for both profit and revenue. Following these positive results, the company raised its revenue forecast for 2026.

On the way to $1.2 billion: Ormat is taking over new markets
The geothermal energy producer is raising its annual forecast to up to $1.2 billion following strong second-quarter reports, alongside an unusual jump of almost 200% in its energy storage activity worldwide.

Rami Levy with a market-breaking offer: children's product for only 189.90 NIS
The retail chain is expanding its non-food promotions and is offering a children's trampoline at a market-breaking price, in addition to a set of folding chairs and a writing desk at unprecedented prices published earlier this week | All the details

Sustainability, Trust and Resilience: The New Engines of Business Success
The successful businesses of 2026 will not necessarily be the fastest, but those that know how to build trust, resilience, and adaptability in a changing reality and conditions of uncertainty.

Israeli Company That Lost 83% Since IPO Surges 35% Following Earnings
Kaltura is worth less than a fifth of its 2021 IPO valuation and had previously sought an acquisition. Recent earnings reports have shifted the narrative, at least for now. What is driving the surge, and what risks remain?