Calcalist

Alongside the geopolitical confrontation between Washington and Tehran, a "pistachio war" is unfolding, complicated by the climate crisis. Water scarcity and extreme weather conditions are becoming critical risk factors for investors.

The shekel-dollar exchange rate daily impacts decisions on industrial investment in Israel. The government should adjust tax policy to incentivize domestic production, not just exports.

Food importer Neto Melinda concluded the second quarter of 2026 with an 8.6% increase in revenue to 1.3 billion shekels, but net profit fell by 12.5% to 44.3 million shekels.

Doral summarized the second quarter of 2026 with accelerated growth in its US operations and an expanded project backlog. Consequently, the company has revised its 2027 revenue forecast upwards to 1.95 billion shekels.

Oron Nadlan and Midar have secured the necessary majority of apartment owners to advance a Pinui-Binui project in Jerusalem's Kiryat Menachem neighborhood. The plan involves replacing 84 existing units with 400 new ones.

The Victory supermarket chain reported a 4% revenue decline in the second quarter of 2026, totaling 635 million shekels. Despite the drop in revenue, net profit rose by 10% due to the sale of a branch in Netanya.

One Zero bank reported its financial results for the first half of 2026, showing a 27% reduction in losses to 84 million shekels. Revenue growth was driven primarily by increased client activity in the securities market.

Investment fund Generation Capital concluded the second quarter of 2026 with a pre-tax profit of 826 million shekels. Cumulative profit for the first half of the year reached 1.05 billion shekels.

Why does an affordable French wine costing 5.5 euros sell for 70 shekels in Israel? We traced the bottle's journey from the winery to the shelf and uncovered how logistics, taxes, and bureaucracy drive up the final price.

The foreign exchange market is stabilizing following yesterday's sharp decline in the dollar. This morning, the dollar is trading unchanged at below 2.98 shekels, while the euro is up 0.2%.

In 2025, state winnings from civil lawsuits reached a record 1.5 billion shekels. This result was driven by the Civil Enforcement Unit's shift toward a proactive strategy to protect public resources.

Nir Hirshman, CEO of the Crypto Companies Forum, warns that Israel needs a comprehensive regulatory reform. He argues that without removing barriers, the country risks losing the industry and billions of shekels in GDP.

The Ashdod oil refinery's board of directors has extended its consulting agreement with Shapir for three years, until August 2029, despite the Concentration Committee's recommendation against Shapir gaining control over the refinery.

The Jerusalem District Court, followed by the Supreme Court, rejected a request by a group of investors to prevent the Greek Orthodox Patriarchate from selling a land plot in the city center.

The Jerusalem District Court rejected a request by a group of investors to prevent the Greek Orthodox Patriarchate from selling land in the center of Jerusalem. The Supreme Court subsequently rejected the appeal.

The US government debt has reached $40.05 trillion, doubling over the past decade. The US Treasury Department announced the milestone 4.5 years after the debt crossed the $30 trillion threshold.

The Israeli company Altel has reached the final stage of a tender for the operation and maintenance of Dubai's new Blue Line metro. The project, valued at over $2 billion, is scheduled to launch in 2029.

The board of directors of Dorad unanimously approved a dividend distribution of 250 million shekels. The Luzon Group, led by Amos Luzon, is set to receive 85 million shekels amid a deal to sell a portion of its shares to the Mor investment house.

UVision CFO Roni Barak has left his position amid the company's IPO preparations. He will be replaced by Eyal Rubin, the current CFO of Nasus Pharma.

A slowdown in data center growth, the impact of a strong shekel, and Meta's departure from the Azrieli Sarona tower weighed on Azrieli Group's second-quarter results.

Bank Jerusalem and Migdal have signed a joint financing agreement to establish a 400 million shekel credit line. The funds are intended for providing "jumbo loans" secured by residential real estate.

As the Tishrei holidays approach, food chains are facing a severe labor shortage, with an estimated deficit of 3,000 cashiers. Despite efforts to increase wages and install self-service kiosks, the lack of personnel remains a systemic crisis.

The Israeli real estate market is hindered not only by macro factors but by outdated legal practices. Attorney Doron Levita argues for a shift toward flexible, adaptive contractual models.

Acro ended the second quarter with 42 apartments sold, up from 34 in the previous quarter. The company reported a net profit of 20 million shekels, recovering from a 6 million shekel loss in the first quarter.

Amos Luzon is selling 20% of Luzon Energy shares, representing his stake in the Dorad power plant, to an institutional entity for 233 million shekels. The deal values the station at 4.4 billion shekels.

Real estate company Oranim is entering the stock exchange to raise approximately 600 million shekels through a bond issuance for its "Oranim al HaYam" project in Rishon LeZion.

The Israeli airline Israir presented its results for the second quarter of 2026, reporting a loss of 35.5 million dollars. The results were impacted by flight cancellations during Operation "Roar of the Lion," rising fuel prices, and currency fluctuations.

The local foreign exchange market remains calm following the shekel's recent retreat. Bank of Israel Governor Amir Yaron stated that an interest rate cut at the September 1 meeting is not guaranteed.

Amit Gal, head of the Capital Market Authority, has questioned the involvement of the Meitav investment house in the company Orion. This move has sparked a debate over the limits of institutional activism and the balance between protecting savers and market structure.

Retail chain Yohananof is planning to spin off its real estate assets into a separate subsidiary. This strategic move aims to create business focus and prepare for a future IPO, ultimately maximizing the group's asset value.

Since the beginning of the month, the shekel has strengthened against the dollar by 3%, trading again below 3 shekels. Experts attribute this trend not to the weakness of the US dollar, but to the fundamental forces of the Israeli economy.

In the documentary series "Money of Their Own" on Kan 11, successful Israeli entrepreneurs and executives discuss the barriers they faced on their path to the top.

The National Public Transport Authority is launching a crackdown on the use of contract drivers. Operators will face fines of 10,000 shekels for every trip performed by drivers not directly employed by the company.

Electra has won the tender for the construction and operation of the fast lane on Highway 5. The project is estimated at 2 billion shekels and is expected to be operational by 2031.

The second quarter of 2025 marked the first full quarter in which Big Shopping Centers benefited from the Glilot complex. Net operating income (NOI) from Israeli assets jumped by 25%.

Water company Mekorot reported a 291% surge in net profit to 243 million shekels for Q2 2026. However, the company warns it may halt new development projects due to an ongoing dispute with the Water Authority.

The occupancy of the HaSolelim project drove a 10% increase in Mivne's Net Operating Income (NOI) to 239 million shekels in Q2 2026. Adjusted Funds From Operations (AFFO) rose by 15% to 178 million shekels.

The Israeli economy must abandon the habit of waiting for stability after every crisis. Uncertainty has become the new norm, requiring a shift in management strategies and state policy.

International airlines are gradually returning to Israel, increasing air cargo capacity and driving down transport costs. However, despite these lower logistics expenses, consumer prices remain high, failing to reflect the market stabilization.

The Nasdaq stock exchange intends to extend trading hours in the US to nearly 23 hours, five days a week. The move is designed to meet the growing global demand for US stocks.