Calcalist

Yoav Karmi and Ariel Prestman, owners of Ha-Bayta Living, will not join the Orion board of directors following the shareholders' vote. They failed to secure the required 51% majority.

Over the past year, the portfolio of balloon and bullet mortgage loans has grown by approximately 20%, significantly outpacing the growth of the total mortgage market. By July 2026, the balance reached 29.2 billion shekels.

Blue Square Real Estate, operator of the TLV Mall in Tel Aviv, has filed a 35.4 million shekel lawsuit against businessman Moshe Golbary. The mall alleges that the Golbary and Sacara chains breached lease agreements.

Navitas Petroleum concluded the first half of 2026 with a sharp rise in activity following the launch of the Shenandoah project. The partnership recorded revenues of 517.2 million dollars and a net profit of 80.4 million dollars.

The Israel Securities Authority has issued a warning against Dmitry Osmolovsky. He is suspected of managing investment portfolios and offering trading services without a license.

OpenAI CEO Sam Altman has admitted that he overestimated the pace of AI integration into the economy. He noted that society and businesses are adapting to new technologies more slowly than anticipated.

The acquisition of the NOMO SOHO hotel in New York has boosted Dan Hotels' performance. Revenues from the hotel sector rose by 13% in the second quarter to 318 million shekels.

Terminal X reported its 12th consecutive quarter of double-digit growth, with net profit surging 90% to 13.7 million shekels. Total revenue for the second quarter of 2026 reached 161 million shekels, a 20.5% increase year-over-year.

Twistlock founders Ben Bernstein, Dima Stopel, and John Morello are shutting down their venture, Minimus. The entrepreneurs have decided to return remaining funds to investors after failing to gain market traction.

Fast fashion retailer Shein aims to raise up to $1.8 billion in its Hong Kong IPO. The company's valuation is set at $26–27 billion, nearly 75% lower than its 2022 peak.

The foreign exchange market remains calm ahead of the Bank of Israel's interest rate decision and the Jackson Hole symposium. The dollar is trading above 2.98 shekels, while the euro is slightly below 3.49 shekels.

Investment losses in the technology company Hailo continue to weigh on Delek Automotive's financial reports. To avoid breaching bank covenants, the company transferred 15 million Veridis shares to its subsidiary, Delek Motors.

The shareholders' meeting of the real estate company Orion will convene today to vote on the board of directors. The Capital Market Authority has intervened, questioning whether the investment house Mor is exceeding its role by attempting to take control of the company's management.

Discount Capital, the investment arm of Discount Bank, is acquiring a 16.5% stake in Alumenergy for 80 million shekels. The deal values the energy company at 406 million shekels.

The slowdown in sales and rising construction costs are pressuring residential developers. Almogim has sold 54 units in its Rehovot project to the Magurit REIT fund, expecting a loss of 6–7 million shekels.

For nearly two decades, developed nations have grown accustomed to markets ignoring rising sovereign debt. However, a recent sharp sell-off in long-term government bonds suggests this era of complacency may be ending.

The conflict surrounding the "Ir Kinneret" mega-project in Tiberias is escalating. Landowners are threatening to sue Av-Gad directors personally, claiming they approved the project without financial backing.

The Novolog healthcare group has announced the departure of CEO Aviad Busi and CFO Yaniv Vidavsky. Zeev Mansour, formerly CEO of Logisticare, will take over as the new CEO in December.

Bank Leumi has provided a $400 million credit line to AppsFlyer. This facility will allow the company to support ongoing operations without the need for further fundraising or equity dilution.

PayBox is lowering barriers for group payments, allowing users to transfer up to 10,000 shekels per month from any card. The platform has also introduced the ability to transfer group administration to other users.

Two older siblings of the Silynxcom founding family have filed a 17 million shekel lawsuit against their sister and her husband, CEO Nir Klein. The plaintiffs allege that the defendants acted to illegally dilute their inheritance shares.

The Tel Aviv District Court issued a temporary injunction against an electrical appliance importer that imported Tineco brand wet-dry vacuum cleaners behind the back of the exclusive importer.

Dutch car manufacturer Spyker has unveiled the C8 Preliator XXV, a limited-edition supercar with only 25 units to be produced. The company is now under the control of Ukrainian businessman Vladimir Nosov.

The Chinese automotive market highlights that post-sale service quality is becoming a key driver of brand loyalty. As the Israeli market undergoes 'Sinization,' it faces similar challenges where poor service standards are beginning to impact brand reputation and long-term vehicle value.

The Oranim Group, one of Israel's oldest construction firms, is looking to raise 600 million shekels on the Tel Aviv Stock Exchange. The funds are intended to replace 523 million shekels in bank debt.

In recent months, Israeli investment houses have begun actively acquiring hedge funds. Experts are debating whether this is a strategic business expansion or an overpayment for assets with questionable future returns.

Tomorrow, the shareholders' meeting of the Orion company is expected to take place, where decisions regarding the composition of the board of directors will be made. The Meitav investment house and Ha-Bayta are seeking to appoint their own representatives, raising concerns about potential conflicts of interest.

Jewish-American businessman Morris Wilner has increased his stake in Heachsharat HaYishuv to 14.13%, purchasing shares at 40 NIS. He has held meetings with controlling shareholder Ofer Nimrodi regarding potential joint management.

Bernard Arnault, owner of the luxury giant LVMH, is facing shareholder pressure amid rumors of inheritance battles and economic challenges exacerbated by the war with Iran.

US Treasury Secretary Scott Bessent is attempting to stabilize the $32 trillion US Treasury bond market. Investors are concerned about rising government spending and inflation amid the war in Iran.

The Dutch Data Protection Authority has fined Uber 825 million euros for using automated systems to suspend driver accounts without providing proper notification.

Mark Zuckerberg is expanding his real estate portfolio with the purchase of a castle in County Waterford, Ireland. The Gothic-style estate, which includes a 1,780-dunam plot, will serve as a residence for the family during their visits to the country.

Bezeq has upgraded its 2026 net profit and EBITDA forecasts due to improved business performance. The company now expects net profit to reach between 1.15 and 1.2 billion shekels.

The construction products company Inrom concluded the second quarter of 2026 with a net profit of 43 million shekels, a 12.5% increase compared to the same period in 2025. Quarterly revenues rose by 19% to 384 million shekels.

Christine Hunsicker, founder of the fashion tech firm CaaStle, has been sentenced to five years in prison for a $300 million fraud. The court rejected her defense citing a head injury.

The Nikkei index is down 0.4%, the Kospi is up 0.8%, and the Hang Seng is climbing 0.7%. Japan's inflation rate reached 1.9% in July amid rising energy costs.

A century ago, Henry Ford established the five-day work week. Today, technology and AI are dismantling these structures, turning work into a 24/7 process where AI agents operate under human oversight.

The rating agency Maalot has upgraded the bond rating of Shikun & Binui to A+. This decision comes ahead of a 350 million shekel bond series expansion as part of the company's debt reduction strategy.

The sale of Shikun & Binui Energy to the Generation fund for 4.45 billion shekels has driven a 45% jump in net profit and led to an upgrade of the company's bond rating to A+.

Bituach Yashir concluded the second quarter with a 38% increase in insurance service profits, despite a 6% decline in revenues. The improved profitability is attributed to portfolio optimization and operational efficiency.