Losses

Real estate investors in Israel's periphery, particularly Dimona and Beersheba, face steep losses on older apartments lacking protected rooms amid shifting market conditions.

The real estate company controlled by Rami Ungar will acquire the high-tech entrepreneur's rights in a joint project in Ness Ziona by assuming a debt of about a quarter of a billion shekels and waiving a debt Landa owes it. Last year, Vitania wrote off 80 million shekels following the collapse of Landa's printing business.

About a year ago, Moshe Nur's company promised a revolution in the textile printing market and revenues of tens of millions of dollars. However, the report for the first half of 2026 reveals that revenues are only 1% of the forecast, the coffers are nearly empty, and shareholders have been asked to provide financial backing to keep the company afloat.

Alongside a $32 million loss in the first half of 2026, Israir is banking on its new New York route, state compensation, and a recovery in demand to return to a growth trajectory.

In the second quarter of 2026, Israir Group recorded record revenue, but Operation "Lion's Roar", the strengthening of the shekel, and a jump in fuel prices made it a loss-making quarter. At the same time, the company received approval to sell tickets for direct flights to New York - the first entry of an Israeli competitor into one of the most profitable routes in the world.

Wix reported a net loss of $76.4 million for the second quarter of 2026, driven by high operational and marketing costs associated with the integration of the Base44 startup.