Israel Economy
Found 6 recent publications
Paz sells its holdings in Ashdod Oil Refinery for 75 million shekels
Paz is selling its entire 4.9% stake in the Ashdod Oil Refinery for approximately 75 million shekels. The sale is being conducted through the brokerage firm Leader amid a surge in trading volume.
Yigal Damri invests 10% of his annual salary in purchasing company shares
After his salary terms were updated, and the chairman of I.H. Damri will earn up to 8 million shekels per year, he continues to increase his stake in the company. What is the reason for this move and what is his percentage of holdings today?
Paz Group reports sharp profit growth and announces hundreds of millions in dividends
Despite the ongoing impact of the Iron Swords war, the fuel and retail giant has delivered strong second-quarter 2026 results, advancing toward the strategic goals set by CEO Nir Stern.
Annual inflation rate fell in July to 1.5% - the lowest in five years; slight increase in apartment prices
Annual inflation stands at 1.5%, higher than the forecast. Transport and culture became more expensive, clothing and vegetables became cheaper. Construction inputs: a slight retreat this month, but an annual increase of 3.5% amid rising labor costs. The apartment price index rose by only 0.1%; Jerusalem and Haifa climbed, the Center and Tel Aviv fell.
"A cash flow survival strategy": Installment payments help get through the month
The number of installment transactions rose by 64% compared to June 2025, with the total volume jumping by 79%, according to data from Menora ERN. While installment payments are not inherently problematic, it is crucial to determine whether this reflects sound financial management or merely a deferral of current cash flow issues to future months.
The important economic reforms that were torpedoed – and the weekly victim of the AI revolution
The Ministry of Finance is furious over the rejection of structural reforms like the Metropolitan Authorities Law. Monday cuts 20% of its workforce, the online money laundering industry is luring young people, Supergas will pay 36 million shekels in compensation, and the cottage cheese shortage highlights a broader issue of factory shutdowns due to a lack of foreign technicians.