Economy

The state and Haifa Port owners Adani-Gadot are nearing a billion-shekel deal to escrow development funds in exchange for easing restrictions on cash withdrawals.

Madlan data reveals that the median time to sell an apartment in Israel has reached a record 103 days, with sellers increasingly forced to offer discounts and navigate strict tax deadlines.

An 8-room penthouse on the 33rd floor of the Utopia project in Tel Aviv's Sde Dov neighborhood was sold for 43 million shekels, highlighting robust demand in the ultra-luxury real estate segment.

Matan Ahabia, 34, shares how he built a four-property real estate portfolio in Dimona, Ukraine, and Eilat over six years using creative leverage and minimal starting capital.

Recent Israeli court rulings address property and real estate disputes, including a Tel Aviv eviction order near Metzitzim Beach, a Jerusalem family court ruling on premarital property, and a Bat Yam contempt of court fine.

An in-depth analysis of Israeli retirement savings explores target accumulation benchmarks by age, the power of compound interest, and the significant impact of management fees on future pensions.

Financial planner Harel Kolden analyzes the capital market frenzy drawing young investors to stocks, warning against high volatility and speculative risks.

At 85, Israeli tycoon Alfred Akirov is considering taking Alrov private due to low stock liquidity, a move that could also help him bypass regulations to gain control of Clal Insurance.

Hungarian Prime Minister Peter Magyar has unveiled an ambitious timetable to adopt the euro by 2032, aiming to anchor fiscal discipline and curb populism despite steep budget deficits and compliance hurdles.

Wall Street airline stocks slide amid surging jet fuel prices and looming earnings. While US ticket prices jump 22.4%, Israeli consumers see contrasting flight price drops.

Turkey expands oil production toward one million barrels daily as global markets react to a strong US dollar, rising energy prices, and currency fluctuations.

Zara Israel scales back its physical stores, closing branches in Beersheba and Ayalon, while ending free online shipping and introducing new delivery and return fees.

Acre's historic Old City market is facing a severe economic crisis due to cumulative blows from the pandemic, past unrest, and the ongoing war, prompting merchants to demand urgent municipal assistance.

Madlan data reveals 2026 is a definitive buyer's market in Israel, with average transaction discounts surging to 4.8% as only 8.4% of homes sell at asking price.

Cryptocurrency markets showed a negative trend as Bitcoin traded at $81,246. Meanwhile, viral social media posts predicting Bitcoin at $145,000 face skepticism due to lack of verification.

Elon Musk leads the global billionaire ranking with $924.8 billion, followed by Jeff Bezos, Larry Page, Sergey Brin, and Mark Zuckerberg amid surging tech and AI markets.

Israel's wealthiest list reveals top billionaires led by Eyal Ofer with $35.3 billion, Miriam Adelson, Idan Ofer, the Bukhman brothers, and the Federman family.

Pelephone's pre-sale launch of the iPhone Duo in Israel faced a two-hour pricing glitch on Friday, as consumers also express concern over limited stock and delivery delays.

The Jakarta Stock Exchange plunged 11.6% after MSCI threatened to strip Indonesia of its emerging market status, risking billions in capital outflows.

Senior management departures hit Israeli software firm Monday.com amid an AI-focused restructuring and 20% workforce reduction, despite a 22% revenue rise in Q2 2026.

SoftBank is reportedly considering an $18 billion acquisition of US security giant Allied Universal. The potential deal aims to bolster Masayoshi Son's AI and robotics strategy.

The U.S. ended fiscal year 2026 with a $1.992 trillion budget deficit, up 12% from the prior year, driven by soaring debt interest and entitlement spending.

Oil prices surged as Brent reached $110 per barrel amid escalating Middle East conflicts, Strait of Hormuz tanker attacks, Houthi strikes on Saudi Arabia, and collapsing energy truces between Russia and Ukraine.

An old 3-room apartment in Jerusalem's Katamon neighborhood was sold for 3.1 million shekels, driven by strong investor interest in a planned pinui-binui urban renewal project.

Delek Properties and Delek Israel acquired the historic Nachshon Junction gas station for 31.5 million NIS. The buyers plan to develop a commercial and dining complex.

Norway's sovereign wealth fund may resume investments in major Western defense firms like Lockheed Martin and Boeing following independent committee recommendations, easing ethical rules amid U.S. pressure over prior divestments.

The hot dog is experiencing a massive revival in Israel, splitting into two distinct markets: ultra-cheap 5 NIS promotional snacks at Paz gas stations and gourmet creations by chef Moshik Roth.

American firm Proofpoint has agreed to acquire cybersecurity company Varonis for 6.3 billion dollars in cash, leading to its delisting from Nasdaq.

UBS is weighing strategic options including a headquarters relocation or potential merger if Switzerland enacts stringent new banking regulations stemming from the collapse of Credit Suisse.

Bazan Group faces a 2.5 million shekel class action lawsuit over high benzene emissions recorded in Haifa Bay during October 2026 maintenance work.

Meet Miki and Carmit Naimi, the driving force behind Israel's massive Mesubim business park project, who built a real estate empire through bold decisions and unwavering Zionism.

Fast-food giant KFC is replacing PepsiCo with Coca-Cola as its U.S. beverage supplier after 40 years, aiming to revitalize sales and attract customers back from competitors.

Netflix Chief Content Officer Bela Bajaria is stepping down amid slowing growth and declining engagement, to be replaced by former Disney executive Peter Rice.

WeSure Global Tech's subsidiary, WeSure Finance, has accumulated a 100 million shekel credit and guarantee portfolio, expanding into non-bank business financing amid high market concentration.

A viral 4chan crypto prediction targeting $145,000 for Bitcoin in October 2026 faces heavy skepticism due to unverified origins, altered data, and mathematical flaws.

Climate change and severe drought in India have driven global sugar prices up by 15 percent, threatening food supplies, farmers' livelihoods, and the nation's ethanol energy goals.

Israeli real estate data shows affordable peripheral cities like Afula struggling to draw buyers, while central locations like Lod and Ramla offer surprisingly competitive apartment prices.

The US dollar hit a six-month high against the shekel, crossing 3.1 shekels amid rising Treasury yields and global inflation concerns. Meanwhile, oil prices climbed past $106 per barrel, posing potential cost-of-living pressures for Israeli consumers.

Video clippers turn long podcasts and shows into viral short videos for TikTok and YouTube. While top editors earn thousands, the role requires sifting through hours of content.

A comprehensive master plan in Israel takes an average of eight years to approve, hampering urban development and housing growth. The Planning Administration aims to cut this timeframe to three years.