Calcalist

K-Power CEO Katya Shur stated that integrating solar panels and energy storage systems into fish farming operations can rescue the industry from economic crisis by providing farmers with additional income.

Rafael Maman, CEO of Bazan, stated that relying solely on fuel imports is utopian for Israel, emphasizing that the country must maintain independent refining capabilities given current security realities.

Doral Energy CEO Yoni Hantzis expressed skepticism about reaching the 30% renewable energy target by 2030. He emphasized the importance of building "energy islands" to provide reliable power for data centers.

Energy sector experts warn of market stability risks following the Electricity Authority's decision to pause new data center connections due to overwhelming demand.

Israel Ziv, Chairman of Tmanat Energy, stated that the electricity sector's dependence on three offshore gas rigs poses a severe security risk, urging for energy decentralization as a national priority.

Michal Braverman-Blumenstyk, who has led Microsoft's Israel R&D center for the past 6.5 years, has announced her departure from the company. She will remain in her role until the end of the year.

Yossi Dayan, Director General of the Ministry of Energy, addressed the recent crisis at desalination plants. Despite unprecedented water pollution, he assured that there will be no shortage for households.

"Israel's energy sector is at a critical point," said Avi Levy, CEO of the Discount Group, at the opening of an energy conference. He noted that the sector is undergoing rapid changes, requiring urgent improvements in planning, infrastructure, and regulatory processes to maintain economic competitiveness.

The German Navy successfully conducted a test firing of the LORA ballistic missile manufactured by IAI. The test, held in the Atlantic, paves the way for the acquisition of the system for long-range strikes.

Palo Alto published positive results and a strong forecast, but after a 96% jump in the stock since the beginning of the year, investors apparently expected more, and the stock lost almost 2% in after-hours trading.

The shekel continues to weaken moderately following the Bank of Israel's interest rate cut. The local currency market is also being influenced by escalation on the Iranian front and global market trends.

Ofarim Media, controlled by Yitzhak Mirilashvili, has acquired a 51% stake in the billboard advertising company Deal Tov. The deal is estimated at 40–60 million shekels.

A new deadlock in the Israel Aerospace Industries (IAI) IPO process could lead to the company ceasing to be a reporting corporation. If the confidentiality of sensitive security information is not resolved by December 1, the Securities Authority may struggle to approve a new bond issuance.

The Bazan Group has valued the cost of its planned evacuation from Haifa Bay at over $5 billion. The company's management has submitted these figures to the head of the National Economic Council, Prof. Avi Simhon.

The Competition Authority has set strict conditions for approving the acquisition of CAL by the Union group and Harel. Parties are in negotiations, but disagreements over control and data access threaten the deal's completion.

The valuation conducted by BDO boosted the quarterly results of the construction company Amram. The real estate company, which is traded on the Tel Aviv Stock Exchange, reported a threefold increase in profit to 165 million shekels.

Maya Dynamics shares plunged by 26.5% following the publication of first-half 2026 reports. The company recorded a loss of nearly 11 million shekels, driven by a sharp decline in sales and production delays.

About 60% of children suffering from food insecurity are not included in the Ministry of Education's feeding program. The main reason is the lack of budget among weaker local authorities.

A new study by NPR and NewsGuard reveals that modern AI models are highly effective at countering disinformation. In 93% of cases, chatbots successfully debunk false narratives by providing accurate context.

Cybersecurity firm AIR Security, which develops a safety platform for the AI agent supply chain, has raised $50 million in a Seed round. The company focuses on real-time threat prevention for AI agents.

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.

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.

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.

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.

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.

The State Attorney's Office has indicted former senior Tax Authority official Shimon Cohen. He is charged with concealing income, tax evasion, and money laundering totaling 29 million shekels.

The Singaporean government has unveiled a series of financial support measures for families to combat record-low birth rates. Authorities plan to provide up to $55,000 for each child until the age of 17.

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

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.

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.

Two recent incidents in Israel have highlighted a lack of regulatory readiness for electric vehicles. A fire in a Rishon LeZion parking lot exposed infrastructure risks, while a Tesla driver's misuse of semi-autonomous systems underscored the dangers of ignoring safety protocols.

Thailand is reducing the visa-free stay period for Israeli tourists from 60 to 30 days. The new regulations take effect on September 15 and aim to balance tourism promotion with security and entry control.

The foreign exchange market shows a mixed trend as investors await the Bank of Israel's interest rate decision. Bank Hapoalim analysts warn that the window of opportunity for a rate cut may soon close.

Ultra-fast fashion giant SHEIN opened its first trading day on the Hong Kong Stock Exchange with a 10% drop, which later recovered to 2.5%. The company raised $1.7 billion at a valuation of $26.5 billion.

Fattal Holdings is merging its ROOMS workspaces with SwitchUp. Following the deal, valued at 1.4 billion NIS, the Phoenix insurance group will hold a 20% stake in the combined entity.

OpenAI's advertising business has reached an annual revenue run rate of $1 billion just 200 days after launching ads in ChatGPT. The service has expanded to 47 countries, though Israel is not included.

Ronit Ashed Levi, CEO of Africa Israel Residences, identified the three main barriers to lowering housing costs in Israel: taxation, bureaucracy, and uncertainty.

According to a report by the Ministry of Environmental Protection, pollutant emissions in Israel declined in 2025. The primary drivers were reduced coal usage at power plants and a decrease in industrial activity due to the ongoing war.