Economy

The Burger Station chain has completed the opening of 5 new branches in Tel Aviv, Kiryat Ono, Ashkelon, Netanya, and Rosh HaAyin, with an investment of 7.5 million shekels. The chain now operates 18 locations nationwide and has launched a new customer loyalty program.

The American beer brand Bud Light continues to face challenges following its 2023 controversy, losing its top market position. Parent company Anheuser-Busch is now shifting its marketing focus toward other brands, such as Michelob Ultra.

From a factory in the Negev to ten production sites worldwide: Kafrit Group reports impressive figures, including approximately 800 employees and a production capacity of 167,000 tons. Details on the Israeli industrial powerhouse that continues to expand.

The Ministry of Economy and Industry has issued a recall for the BENATON BT-55900 spiral heater due to safety defects. Consumers are urged to stop using the device immediately, as it poses a risk of electric shock and burns.

Employees of the pharmaceutical manufacturer Rafa are on strike, demanding bonuses for their role in the company's IPO and value growth. Workers have rejected management's offer of a one-time 2,000 shekel payment.

Navitas Petroleum is expanding its operations in the Gulf of Mexico, acquiring a 33.33% stake in the Tiberius and Logan oil and gas fields from Kosmos and Occidental. The deal focuses on financing future development projects.

Bank Hapoalim has announced the opening of registration for the eighth year of the "Poalim Le-Hatzlacha" scholarship fund. The program provides 120 students with 10,000 shekel grants, alongside professional development and volunteering opportunities.

A Bank of Israel report shows that in the second quarter of 2026, the shekel defied global trends by strengthening against the dollar, even as the US currency gained ground elsewhere. This shift was primarily driven by massive foreign currency sales from institutional investors managing public savings.

The management of yes, the workers' committee, and the National Federation of Labor have signed an extension of the collective agreement through the end of 2026. The deal includes a salary increase of up to 3% and improved pension contributions.

Real estate stocks have been falling since the beginning of the year and suffered another painful decline in July, except for one stock that rose by a double-digit percentage. What happened to them and what is expected next?

Mortgage refinancing is the process of replacing an existing loan with a new one under better terms. Given the recent decline in interest rates, experts advise borrowers to review their current mortgage agreements.

Israeli banks are refusing to cooperate with their Palestinian counterparts. We explain what correspondent banking is and why this financial system is currently under threat.

The Ministry of Transport extended the Chery import license until 2030 despite competition concerns, while adopting a cautious approach toward other major importers like Colmobil and Union.

After reports that the G-City deal is in danger, the income-producing real estate company's stock is falling sharply in Tel Aviv. It seems that investors are sending a clear message to Chaim Katzman, the founder and owner: We want the deal.

Planning committees have approved a 1,700-apartment project in Ramla's industrial zone and a new student dormitory complex at the Weizmann Institute in Rehovot.

Food prices have risen by 15% since the government was sworn in. The Minister of Finance has not dismantled any monopolies despite his promises. Benjamin Netanyahu's pledge of free education for children aged zero to three remains unfulfilled, and Israel ranks second only to Switzerland in The Economist's Big Mac index.

Phoenix's investment values PowerGen at 3.25 billion shekels and is expected to yield the Generation fund a profit of up to 320 million shekels. This move is a key step in financing the acquisition of Shikun & Binui Energy and strengthens PowerGen's position as a leading player in the Israeli energy market.

The US administration is purchasing yen in the amount of 5–10 billion dollars as the Japanese currency hits 40-year lows. Beyond supporting an ally, the intervention offers a direct benefit to Washington: it may reduce Japan's sale of US bonds, thereby lowering the cost of servicing American debt.

Reports indicate that pharmaceutical giants AstraZeneca and Bristol-Myers Squibb (BMS) are in talks regarding a potential merger. If successful, the deal could create a combined entity with a market capitalization of nearly $400 billion, marking one of the largest transactions in industry history.

The labor market has shifted: employees now evaluate workplaces based on daily experiences rather than just salary. Employer branding has become a vital measure of trust and retention.

The Prashkovsky company has announced a major promotion offering up to 15% off the sale price of new apartments. The tender will open on August 9 for 72 hours, featuring prestigious projects across the country.

The Bitcoin community is facing a major security incident: over 1,367 bitcoins worth approximately $88 million were stolen due to a flaw in Coldcard hardware wallets.

Following a 14% decline in June, the insurance sector saw a recovery in July, with the insurance index rising by 6.15%. However, the rebound was uneven across the industry. We analyze why insurance stocks act as a leveraged bet on the market and what this means for your long-term savings.

Shop owners in Azrieli Group malls were stunned to receive demands for tens of thousands of shekels in additional payments. The funds are intended to cover multi-million shekel budget holes in the group's management companies.

The subscription program on Elon Musk's X network has won over the Kan 11 economic commentator, who discovered a way to generate additional monthly income.

Dual-listed stocks return with a slight negative gap, while chip stocks are expected to open under pressure. De-escalation with Iran provides market support, while the Wall Street rally continues. This week, Tower, El Al, Bezeq, and others are set to report earnings.

Rating agency Midroog has placed five series of Nofar bonds under review following objections from the Israel Securities Authority regarding the company's financial reporting. The regulator claims that Nofar has breached financial covenants, potentially granting bondholders the right to demand immediate repayment.

Following a positive end to July, investors on the Tel Aviv Stock Exchange are reacting to rising US futures and falling oil prices, driven by Donald Trump's decision to cancel a strike on Iran.

The "Rami Levy Shivuk Hashikma" chain is launching a series of unprecedented promotions on its online site, featuring significant discounts on staple products and same-day delivery.

While Israelis continue to go abroad in large numbers, Yoniin Penning, the bank’s chief strategist, warns against the effects of global inflation and explains which prices in the country are expected to change soon.

A new analysis shows a decline in the number of employees in the sector. At the same time, US bond yields are jumping to a year-and-a-half high, and inflation in Israel is rising again, casting doubt on the next move by the Bank of Israel.

Amid ongoing shortages of cottage and white cheese, Tnuva is expanding its plant-based milk alternatives with a new spelt drink. The product features a "clean label" strategy, containing only four ingredients.

Minor movements in the local foreign exchange market at the start of August following a 3.2% depreciation of the shekel in July. The dollar is trading at 3.05 shekels, while the euro is around 3.52 shekels.

Following Donald Trump's announcement to cancel an attack on Iran, oil prices fell by over 5%. Asian stock markets are experiencing a negative trend, while the Japanese yen has strengthened following a coordinated intervention by Tokyo and Washington.

Altshuler Shaham, Israel's third-largest investment house, is undergoing a major reorganization after losing 140.3 billion shekels in client assets over five years. Founder Gilad Altshuler is decentralizing decision-making to overcome the crisis.

Shikun & Binui has established tiered penalties for withdrawing from the sale of Shikun Energy to the Generation fund. The compensation reaches 300 million shekels if the company accepts a competing offer from a major industry player.

Nvidia's expansion in northern Israel has renewed interest in building a hotel in Yokneam. However, a previous attempt by developer Li Marshall to build a hotel complex failed, leaving the company with 50 million shekels in debt.

A power struggle is unfolding at Novolog between controlling shareholder Ehud Pozis and businessman Eli Dahan. Dahan has proposed a 100 million shekel investment in exchange for a 21% stake in the company.

While competitors like CrowdStrike and Palo Alto are enjoying a stock rally, Check Point continues to lag with a negative return of 31.5% year-to-date. Investors are looking for the changes led by CEO Nadav Zafrir to translate into growth in the coming quarters.

The Israel Tax Authority's voluntary disclosure procedure, offering criminal immunity for reporting undeclared assets, ends in late August. With only 877 million shekels declared so far, the response has fallen short of official expectations.