Economy

Enlight, a leading Israeli renewable energy company, is surging on the stock exchange following a successful second-quarter report. The company reported a five-fold increase in net profit and a significant rise in revenue, prompting an upward revision of its 2026 financial guidance.

The District Committee rejected objections and approved the Inbal company's plan for a mixed-use project to replace 'Beit Amir'. Located on the light rail line, the tower will feature 110 apartments, 114 hotel rooms, and commercial and public spaces.

Enlight, the largest renewable energy company on the Tel Aviv Stock Exchange, reported its results for the second quarter of 2026. Revenue for the quarter grew by 55% to approximately 210 million dollars.

On Thursday, shareholders will meet to approve the deal; the airline controlled by Rami Levy and Shalom Haim will pay 15 million shekels to acquire 10% of the shares of the Rami Levy club company.

Delta Israel Brands continues its expansion strategy, reporting significant growth in revenue and net profit for the second quarter of 2026. CEO Anat Bogner stated that the results reflect the company's ability to execute its clear strategic vision.

Sofwave reveals strong financial reports with revenues of approximately 30 million dollars in the second quarter of 2026, alongside a 66% jump in net profit despite one-time expenses.

A month after it was signed, the deal to sell control of G City to Ari Nadlan and Ispro has fallen through. Chaim Katzman cited concerns over the new partners' financial profile and deviations from the original agreement.

Following years of regulatory ambiguity, the President of Nigeria has signed a decree to regulate the digital assets market and establish a special oversight body within the central bank.

A logistical failure at Tnuva has caused a chronic shortage of cottage cheese in major retail chains. While the company promises to restore supply levels, private sellers have begun listing the product online at inflated prices.

Reuven Shemesh, a painter from Hadera who won 12.5 million shekels in the lottery, reflects on his financial mistakes. After a period of lavish spending, he has returned to his original trade.

Summer is the peak season for Israeli real estate. To avoid disputes and financial losses when working with agents, it is crucial to understand the 'Real Estate Brokers Law' and properly document all agreements.

Wix reported a net loss of $76.4 million for the second quarter of 2026, driven by high operational and marketing costs associated with the integration of the Base44 startup.

The trading day on Wall Street is expected to open with a positive trend following yesterday's gains in tech giants. Asian markets are seeing declines, while investors await reports from AMD and SpaceX.

The Hamashbir chain is expanding its beauty department and entering the dermo-cosmetics field for the first time. The chain will offer leading brands on its online site and later in branches, with the aim of meeting the growing demand for advanced skincare products.

TurboGen, a prominent 'dream stock' on the exchange, has been fined 550,000 shekels by the Israel Securities Authority for misleading investors regarding its order backlog.

Roy Mann and Eran Zinman, the founders and CEOs of Monday, are asking the company's general meeting for a tiered salary increase that will bring them to a level of $14 million each. The company recently announced the layoff of 600 employees.

Following a difficult month for the sector, the largest chip company on the stock exchange will publish its earnings report today. Tel Aviv fell yesterday despite records on Wall Street, while de-escalation with Iran provides support. What investors need to know.

With the new school year approaching, many parents are eligible for a grant of 1,204 shekels. Find out who qualifies for this National Insurance Institute benefit, when the funds will be deposited, and what steps you may need to take.

Tsahi Nahmias and Mega Or lost ground throughout July. We examine the reasons for this decline, whether uncertainty regarding land use in Hadera will continue to weigh on the stock, and how other real estate giants are performing.

Alongside the market slowdown, Bank of Israel data reveals that the volume of mortgages for apartments worth over 5 million shekels is soaring — this figure is critical for the housing market. The surprise: how many of the wealthy are taking a mortgage of over 60% of the property value.

Foreign exchange markets remain calm, with the dollar trading above 3.04 shekels and the euro above 3.50 shekels. Alex Zabezhinsky, chief economist at Meitav, argues that market forecasts for a Fed rate hike are exaggerated.

Over the past two weeks, the relationship between businessman Tzahi Abu and the company's controlling shareholder Chaim Katzman has hit a dead end.

Asian indices are trading lower: the Nikkei is down 0.7%, while the Hang Seng and KOSPI have fallen by 0.5%. Following yesterday's sharp decline, oil prices are showing a partial recovery, with Brent crude rising 1.3% to $84.9 per barrel.

A study by BYNDbiz reveals that since October 2023, the price per square meter for older apartments without a Mamad rose by 11.2%, compared to only 2.6% for protected apartments.

The Finance Ministry has released a concerning forecast indicating that by 2029, the National Insurance Institute will be unable to meet its financial obligations. The ministry attributes this to an expansion of benefit eligibility and extensive discounts for non-working population groups. Proposed measures include tightening eligibility criteria and increasing contribution fees specifically for...

While the Bank of Israel interest rate is falling, mortgage rates are not adjusting accordingly. Banks are increasing interest margins, offsetting a significant portion of the economic rate cuts.

Eitan Etzioni, founder of the Etzioni investment house, shares his value investing philosophy. He focuses on stable companies with low P/E ratios, avoiding macroeconomic predictions.

Gett, which dominates the local taxi market, is expanding its operations to include vehicles with up to 55 seats in collaboration with the Rideeazy platform. Bookings must be made at least 12 hours in advance, with prices determined upfront based on distance, duration, and the number of stops.

Investment house Mor and the HaBaita Living group have formed a coalition holding 25.1% of Orion's shares to challenge Chaim Katzman's influence. They are demanding the appointment of their own candidates to the board.

Global Retail, which operates Carrefour in Israel, has signed an agreement to acquire a 70% stake in the distributor Free Market at a valuation of 19 million shekels. The deal allows the retailer to enter the wholesale market for small businesses.

Former Apax Israel partner Erez Nahum is raising 500 million shekels for his new Leox Opportunity Fund. The fund will focus on mid-market investments, directly competing with his former employer.

An 'Apartment at a Discount' project in Harish, featuring 115 units, reached a winner who placed 3,393rd in the lottery. Amidst housing market stagnation, are better deals available on the free market?

The tech giant reporting season is causing a stir in the markets, as Deutsche Bank executives highlight the rigorous scrutiny of company profits and concerns over massive capital expenditures.

Economists at Psagot Investment House analyzed the impact of the US-Iran escalation on the shekel and energy prices. Experts project two interest rate cuts by the Bank of Israel over the next 12 months.

The research unit of the Tel Aviv Stock Exchange summarizes July, which closed with gains led by the banking sector, while market capitalization reached a record high of over 3 trillion shekels.

A new price comparison survey by the Retail Research Institute reveals price discrepancies of tens of shekels on a single shopping trip. The report highlights which retail chains are the most expensive and where consumers can save significantly.

Shoppers at the Osher Ad chain have discovered a popular karaoke kit at an exceptionally low price. The device, suitable for home events, includes both a speaker and a microphone.

After Athens, investors are discovering the neighboring port city of Piraeus. Convenient location, development pace, cruise ships, demand from students and tourists, and housing prices starting from 90,000 euros are attracting investors. Is this the next big hit? It is too early to say. Experts emphasize: potential exists in Piraeus, but moving from the familiar center of Athens requires careful...

Apple continues to trade under pressure, losing its second-place global market cap ranking to Alphabet, while Amazon celebrates an unprecedented historical milestone on Wall Street.

Drivers whose cars were stolen and damaged in an accident discover that the claim is recorded in their insurance history, even though they were not driving the vehicle. The result: an increase of about 15% in the policy and even a risk that companies will refuse to insure them.