Economy

Osher Ad lowers prices: Karaoke system for 149.90 NIS
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.

Apartments in Piraeus: Israeli Real Estate Investors Find a New Target in Greece
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...

Wall Street Drama: Company Wipes Out Half a Trillion Dollars as Others Soar
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.
The insurance companies' trick: A thief caused an accident - the driver pays
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.
.jpg)
H&M Launches Full Beauty Line in Israel
Starting September 1st, H&M's viral beauty collection will be available in six selected stores across Israel, with prices ranging from 19.90 to 149 shekels.

Investors Flee Israeli Stocks: Here Is What They Are Doing Instead
July continued the trend of recent months in the mutual fund industry. The industry raised a total of about 3.3 billion shekels, with the volume of managed assets rising from 826.6 billion shekels to about 831.7 billion.

Plas Fit Acquires Debt-Ridden Gaash LED for 8 Million Shekels
Plastics company Plas Fit has acquired the assets of lighting manufacturer Gaash LED for 8 million shekels. The court-approved deal aims to preserve operations following Gaash LED's 22 million shekel debt crisis.

OPEC Increases Quotas Again: Striving for Profitability Amid War
OPEC has announced an increase in oil production quotas starting in September, though most member states currently struggle to meet existing targets. Oil prices have declined due to expectations of easing tensions with Iran and the potential reopening of the Strait of Hormuz. Meanwhile, the USA has set an all-time record for oil exports, while China is mitigating the global supply decline by...

Blow to Arkia: Senior Vice President leaves post after less than a year
Spir Ifragan has announced her departure after a short tenure overseeing revenue, route networks, and commercial operations at the Israeli airline. The company has not yet provided a response.

Candy giant's news for Israelis: New product arriving on shelves for 35 shekels
After conquering the local market with a massive share, the Italian sweets brand Loacker is launching a new product that will be sold in retail chains at an average price of 35 shekels.

The deal is complete: Mizrahi Tefahot Invest acquires 15% of Mafat for 99 million shekels
Mizrahi Tefahot Bank is investing 99 million shekels to acquire a 15% stake in Mafat. The deal values the waste management company at 659 million shekels post-money.

KKR Fund Breaks Its Own Record: Raised $19.2 Billion
The private equity firm KKR has completed a record-breaking $19.2 billion fundraising for a new infrastructure fund. The capital will be deployed into assets primarily across North America and Western Europe.

El Al soars at the peak of the summer season, Priortech stock drops 6.97%
The Tel Aviv Stock Exchange closed today with declines in its two flagship indices. Wisur Globaltech led the gainers with a 5.59% rise, while Priortech stock recorded a 6.97% decline.

Defense stock ranking in July: The one that jumped 14% and the one that fell 15%
July was green in almost every sector, but defense stocks were left behind. The relative calm in the security arena prevented them from participating in the market rally, and the 'return to the mean' rule barely worked here. Why didn't Next Vision recover, and what distinguishes Elbit Systems from the rest?

Crisis in Hormuz: Which Country Earned Billions in Oil Revenue This Month
The National Oil Corporation of Libya (NOC) announced that the country produced 41.71 million barrels of crude oil in July 2026. With an average price of $85.4 per barrel, oil revenues transferred to the state account exceeded $2.26 billion.

MK Nissim Vaturi: "Palestinian water sold in Israel could be poisoned"
MK Nissim Vaturi warned today, Monday, against water bottles produced in the Palestinian Authority. In an interview with Boaz Golan's open studio, he claimed the water could be poisoned and called on the Ministry of Health to intervene immediately and halt imports.

Salmonella Warning: Millions of Eggs Recalled from Shelves in the USA
Health authorities in the United States are investigating a salmonella outbreak suspected to be linked to eggs marketed in several states. Following the investigation, the FDA announced a recall of eggs from several batches produced by one company and called on the public not to consume the products included in the recall notice.

Sde Dov Contamination: First Buyer Demands Deal Cancellation
The first purchaser of an apartment option at the Sde Dov complex is suing the real estate developer Gindi, demanding the cancellation of the deal and a refund due to severe soil contamination.

Amazon's turnaround: The fifth company on Wall Street to reach a valuation of $3 trillion
Amazon has crossed a market capitalization of $3 trillion for the first time, becoming only the fifth company in history to reach this milestone. Shares of the e-commerce and cloud computing giant are rising following strong second-quarter results.

Up to 80% discount at Super-Pharm: Starting from 5 NIS on dozens of products
Super-Pharm, the largest pharmacy chain in Israel, is cutting prices by dozens of percent on leading skincare and makeup brands, including the sought-after line by Noa Kirel, but the benefits will expire very soon.

Amazon Celebrates: Crossing the $3 Trillion Milestone
Amazon has reached a market capitalization of $3 trillion for the first time in its history. This milestone follows strong financial results for the second quarter of 2026 and significant growth in the artificial intelligence sector.

The editor-in-chief of Israel Hayom reveals: The new and surprising appointment
After starting her professional career as a news editor at the "Hamal" website, the young journalist is joining the newspaper's team of reporters and will serve in a particularly sensitive role during the current days of emergency and crisis.

A rare move in the FX market: US sells euros to strengthen the Japanese yen
Washington and Tokyo carried out their first joint intervention in the foreign exchange market in years. The move involved selling euros and buying yen, an unusual step intended to support the Japanese currency without weakening the dollar.

China Tightens Rules for Wealth Held Abroad
Beijing is changing the rules for China’s wealthy to increase control over how they invest outside the country and to strengthen tax oversight of overseas earnings.

Global turning point: central banks prepare for extraordinary measures
The combination of the war against Iran and stubborn inflation is driving a dramatic policy shift in Europe, the United States, and Japan. Julius Baer provides a special analysis on the expected impact on equity and FX markets.

Cellcom Announces Leadership Change: New CEO Appointed for Safeway Subsidiary
Following the departure of Sivan Shoshan Lisha, Cellcom has appointed Sharon Ezra as the new CEO of Safeway, its cyber and information security subsidiary. Group CEO Eli Adadi stated that Ezra's extensive experience will be instrumental in strengthening the company's market position.

400 Apartments in a 35-Story Tower: New Tender in Ramat Gan
The Ramat Gan municipality has launched a tender for a major assisted living complex to replace two aging facilities. The project will feature 400 units housed in a 35-story tower and a 10-story building.

Oil and gas stock ranking in July: The stock that flew by 24% and the tycoon who profited
After the collapse of oil prices brought down the sector in June, July provided an almost perfect mirror image. This time, it was the renewal of tensions around the Strait of Hormuz that pushed oil prices back up, and with them the stocks. The company that fell the hardest last month led the surge.

Exporters cannot fight American tariffs alone
The imposition of a 12.5% tariff on Israeli goods in the US threatens company competitiveness. Minimizing the damage requires both immediate business adjustments and active government support.

Received a Letter from the Tax Authority? Here Is How to Know If You Should Panic — and What Not to Do
A letter from the Tax Authority often causes concern, but it does not always indicate a violation. It is essential to remain calm, carefully review the content, check deadlines, and avoid ignoring the request to prevent potential fines.

Shortening the credit memory will cost us all dearly
Amendment No. 6 to the Credit Data Law shortens the registration period for negative credit data from three years to one. This change is expected to increase information asymmetry and raise risk premiums for all borrowers.

Elite in the surprising connection of the summer: Golda and Tapuchips launch a new series
Two leading culinary brands are collaborating for the first time and launching a limited edition of cup desserts that combine ice cream, yogurt, and fresh mango with the salty twist everyone knows.

National Insurance Institute Expands Benefits: What Recipients Need to Know
Beyond monthly payments, National Insurance Institute beneficiaries may be eligible for a wide range of discounts on electricity, municipal taxes, public transport, water, and medical services. Here is a guide to the key benefits and how to claim them.

Specialty Ingredients Boost Frudelim Revenues, While Juice Segment Weakness Hits Profits
A surge in the specialty ingredients sector drove a 16% revenue increase for Frudelim in Q2 2026. However, stagnation in the core juice solutions business and costs associated with becoming a public company led to a decline in net profit.

Kiryat Gat: Building permit issued for new residential project
The Ram Aderet Group has received a building permit for the first phase of the MY ADERET NORTH project in Carmi Gat North. The development will feature 237 apartments, with a portion allocated to the 'Apartment at a Discount' program and 118 units available on the free market.

BlackRock Increases Exposure to Nova: Purchased Shares Worth 800 Million Shekels Since Year-Start
Asset management giant BlackRock has purchased Nova shares totaling more than 800 million shekels since the beginning of the year. Following the latest acquisition, its stake in the company has risen to 6.8%.

A Dirty Trick or Coincidence: Did Citadel Accelerate the Collapse of Aschenbrenner's Fund?
Following the collapse of Leopold Aschenbrenner's Situational Awareness hedge fund, Wall Street is debating Citadel's potential role. Critics suspect that the firm's aggressive macro forecast triggered a panic that allowed it to acquire the fund's assets at a bargain.

This stock has lost 23% since the IPO: but the numbers tell a different story
While investors have fled the company's stock since the IPO earlier this year, one growth engine within the company surged by 131% in the quarter. Now the question is whether the market missed an opportunity.

A heavy blow to the crypto market: $265 million outflow from Bitcoin ETFs
Bitcoin ETFs in the USA reported significant redemptions totaling $265 million in a single trading day. This development has exerted heavy pressure on the market, prompting analysts to evaluate the impact of growing global economic caution.

After the Bitcoin crash: The dramatic turn no one expected
While the digital currency market is experiencing sharp price drops, online search data shows an unusual surge in interest in Bitcoin. Is this investor panic or an opportunity to buy at floor prices?