Economy

Toto's financial reports for the second quarter of 2026 reveal record-breaking figures despite ongoing security challenges. The organization increased contributions to the state treasury, driven by significant growth in digital channels.

Electra Consumer Products has completed the acquisition of 50% of Inter Fashion for 10 million shekels. The company, which holds the exclusive franchises in Israel for Calzedonia, Intimissimi, and Tezenis, is expected to end 2026 with a turnover of more than 40 million shekels. The plan: dozens of new stores by the end of 2029.

A family arrived at Ben Gurion Airport with four children, a stroller, and luggage, claiming they were forced to descend a long staircase to reach their plane. Judge Nurit Taviv-Mizrachi upheld the parents' account, ruling that their requests for assistance were ignored. El Al, having failed to provide staff testimony, must pay 5,000 shekels; the lawsuit against the Israel Airports Authority was...

New regulatory initiatives in Israel are making it easier to handle crypto, but there is no automatic approval for transferring profits to a bank account. Transparency and complete documentation remain the key requirements for banks.

The Regional Labor Court in Jerusalem rejected a former Government Companies Authority employee's claim for salary arrears prior to 2010 due to the statute of limitations, but awarded him 25,000 shekels for emotional distress, ruling that the state failed to protect his rights for over a decade.

Points look like money, but their value varies greatly between a flight, a hotel, and an upgrade. The simple calculation: how much money is actually saved versus the number of points surrendered, and what it cost to accumulate them.

Since November 2025, the Bank of Israel has lowered the interest rate five times, resulting in a significant reduction in costs for mortgage borrowers. The new interest rate cut will take effect this coming Thursday.

Victoria Beckham's fashion and cosmetics company has reported profitability for the first time. The company's revenue rose in 2025 by 15% to 129.8 million pounds.

The digital currency market is struggling to establish a clear direction as Bitcoin maintains relative stability, while XRP records the most significant weekly decline among major assets.

The robotics company, which started as a gaming company and developed an operating system for drones and robotics in combat environments and dangerous missions, announced that it will begin trading on Friday on the New York Stock Exchange under the ticker XTND. The move is being carried out through a reverse merger in a stock deal at a valuation of $1.5 billion. CEO Aviv Shapira: "Becoming a...

The District Planning and Building Committee of the Central District has decided to deposit for publication a plan regarding a complex that will include residential, employment, and commercial space on the scale of thousands of housing units. This is an initial stage of the plan.

Ongoing disinflation and the strength of the shekel, despite a sharp rise in fuel prices, have led the Monetary Committee to decide on a further reduction in the base interest rate.

The market assigns a probability of about 50% to an imminent cut, but an in-depth analysis of the global economy reveals why the Bank of Israel may wait and presents a surprising forecast for the dollar exchange rate.

The first Israeli chef to win Michelin stars has been chosen to lead the well-known agricultural brand 'David Moshe' from the Western Negev in a massive new campaign.

About 2.5 million passengers are expected to pass through Ben Gurion Airport during September, with a forecast of about 100,000 people per day at the airport ahead of Rosh Hashanah. The Israel Airports Authority management, the workers' committee, and the Histadrut have agreed to accelerate the recruitment process for employees to avoid a repeat of the scenes seen two weeks ago.

The coverage does not end at the school gate. Personal accident insurance for students, provided as part of parental payments, may also apply when a child is injured at home, at an extracurricular activity, or on vacation.

Minister of Energy Eli Cohen has opposed the appointment of Gilad Bar-Adon as CEO of Noga. The minister argues that the candidate lacks the necessary expertise in the electricity sector.

The world's largest corporate holder has resumed purchases after a break of about ten weeks, during which it even sold coins. Why is Michael Saylor's return considered an event that the entire market is watching, and what does it signal about the state of Bitcoin?

A tender in Kfar Tavor intended to provide reservists with land at affordable prices has seen low turnout. Despite the state offering land for free, high development costs pushed the total price to over 1.8 million shekels, leading to the disqualification of several bids.

Eti Elishakov recalls the difficult start in the conservative insurance industry, the dramatic step of mortgaging her home to raise capital, and the moment the call center exploded on launch day.

The chairman and controlling shareholder of the Matzlawi company sold 4.5% of the company's shares to repay a loan taken when purchasing the stake of Eliyahu Knapler. The transaction was carried out at a price reflecting high confidence in the company's strategy.

Hagag Real Estate concluded the second quarter of 2026 with 68 apartments sold, a 4.6% increase over the previous period. Despite varying sales volumes across projects, the company reported a 126.7% rise in net profit.

An Israeli tourist in France claimed that a taxi driver scammed her and charged her card 2,555 euros instead of ten. The court rejected her lawsuit against the credit card company CAL and determined that the company acted properly since the passenger entered a secret code. The judge ruled that the precautionary measures were reasonable and ordered the plaintiff to pay expenses.

Israeli HR platform developer HiBob has raised $166 million in a round led by Salesforce. The company's valuation has reached $3.5 billion, with total funding since inception exceeding $700 million.

Billionaire Aaron Frenkel, who is currently promoting the giant IPO of Uvision on NASDAQ, continues to accumulate power in the real estate arena. In a series of acquisitions spread over a month, he increased his stake in the holding company Alony Hetz. What attracts him to the company, and how close is he to full control?

Planning to fly soon? El Al and Isracard are taking a surprising step that could provide you with significant dollar savings, alongside a critical warning for some cardholders. Everything you need to know.

Israel Railways has threatened legal action against the operators of the Better Rail app, accusing them of unauthorized data extraction and causing system overloads.

Israel Railways has issued a pre-lawsuit warning to the developer of the "Better Rail" app, demanding its removal from app stores over alleged "unauthorized commercial use." Developer Guy Teper denies the claims, asserting that the project is non-profit and relies on public information. He has stated that he will not comply with the demand to remove the app, which provides real-time train updates...

A shortage of staff led Brussels Airlines management to mandate employees to fly to Israel, sparking a confrontation. In response, the Belgian labor union announced a targeted strike on the Tel Aviv route, accusing the company of violating agreements and endangering crews contrary to official travel warnings.

An investment fund partnered by Donald Trump Jr. is investing $300 million in the prediction platform Polymarket. The investment is part of a $1 billion funding round that values the company at $21 billion.

The update to the Arnona calculation per square meter corrects distortions that ignored gaps in measurement methods between different authorities. The revised ranking more accurately reflects the actual charge per resident and presents a completely different picture regarding the cost of municipal living.

After winning the grand finale of Power Couple and taking home a cash prize of hundreds of thousands of shekels, the couple will have to part with a significant portion of the amount due to Israel's tax laws.

Delek Group, controlled by Yitzhak Tshuva, joins the AI race: the company Mehadrin has submitted requests to build giant data centers in Netanya and Ashkelon with investments of billions of dollars, amid the exceptional load on the power grid.

Food chain reports reveal temporary weakness in the second quarter of 2026, with Shufersal and Victory recording sharp declines, yet experts point to stocks that may soar in the near future.

The Israel Farmers Federation has urgently appealed to the Ministers of Finance, Agriculture, and Energy following disruptions in agricultural water supply. Hundreds of farms nearing harvest are at risk.

The transport app "Better Rail," operated on a volunteer and non-profit basis, has received a sharp warning letter from Israel Railways alleging intellectual property infringement. The developers are not backing down: "Public information belongs to the public."

The company's board of directors is expected to approve the new compensation policy for the controlling shareholder in October. What will his monthly salary be, how many bonuses is he expected to receive, and how is this related to the company's success?

Construction and real estate group Best reported a 182% jump in Q2 2026 net profit to 34.7 million shekels. The company's order backlog expanded to 6.2 billion shekels.

Ernst & Young is investing $100 million in rewards for employees who demonstrate adaptability, innovation, and critical thinking. The program aims to balance AI integration by fostering essential human traits.

Ashtrom has agreed to sell the Rosh Pinna Mall to GT Real Estate for 48.5 million shekels. The new owner aims to boost the property's annual net operating income from 3 million to 5 million shekels.