Economy

A document from the Noga company, recently published on the government website, reveals 100 requests to connect server farms across the country, involving real estate and retail giants. In the background: the surge in the use of artificial intelligence and cloud services, which creates unprecedented demand for electricity and puts the power grid to a dramatic test.

YouTube creator Jimmy Donaldson, known as "MrBeast", holds a fortune of $2.6 billion but recently claimed he lacks liquid cash. Donaldson explained that his capital is tied up in his $5 billion company, forcing him to borrow money for daily expenses.

Partner reports an increase in financial results for the second quarter: revenues rose by 2.6% to 790 million shekels, and net profit grew by 16.7% to 84 million shekels.

The telecommunications company managed by Avi Gabay closed a strong quarter with growth in all profit lines and the highest mobile subscriber recruitment in the industry - but at the same time is trying to distribute half a billion shekels to shareholders not from its profits, a move its bondholders have already voted against. What does this mean for the company's financial resilience, and how...

The company recorded a decrease in apartment sales in the second quarter of the year, but an increase in sales on a semi-annual basis. At Ashtrom, they admit that "there is a decrease in sales, but interest rate cuts will increase sales, including in high-demand areas." How many apartments did it manage to sell in the last 3 months?

The businessman continues to increase his hold on the market: he is acquiring the contracting company Reshit Bniya and will cover its debts. The CEO will continue, but Levy will be able to purchase the remaining 20% from him at the end of 7 years.

The cheese manufacturer concluded the quarter with a 9.9% revenue increase, consolidated Meshek Weiler for the first time, and approved a 30 million shekel dividend. However, the entire sector is suffering from cooling investor appetite.

The company's revenue grew by approximately 10% to 210 million shekels, while retail activity drove improved profitability. A decrease in milk prices and the weakening of the euro contributed to cost reductions alongside continued expansion into new areas.

The well-known supermarket chain summarized the second quarter of 2026 with revenues of 555.8 million shekels, presenting a plan to expand branches and launch advanced automation systems.

The Capital Market Authority has imposed a 10.5 million shekel fine on Neeman Insurance Agency for serious violations regarding pension fund withdrawals. The regulator clarified that the sanctions apply to the agency, not directly to its CEO, Naor Neeman.

Following the high-profile wedding with Omer Adam, the spotlight is on the capital and assets of the Isralovich family in Italy and Israel. How much is the family real estate and finance group worth, and how is the crypto sector involved?

Harel Insurance ended the second quarter with a total profit of 1.02 billion shekels, a 30% increase compared to the same period last year. Following these strong results, the company announced a dividend distribution of 400 million shekels.

An agreement for the sale of land in the south, alongside an improvement in income-generating assets, boosted the company's net profit by 30% in the first half of the year, while its cash reserves swelled to hundreds of millions of shekels.

While real estate companies suffer from financing costs that weigh on them and erode entrepreneurial profit, the company took a loan of 22 million shekels at a prime plus 5% interest rate. At the same time, the company claims that thousands registered for a tender in which it marketed 400 apartments.

Insurance giant Harel reported a 30% increase in second-quarter profit, totaling 1 billion shekels. Growth was fueled by investment gains and a 68% surge in asset management and credit operations. The company is shifting to a quarterly dividend distribution policy.

Meta is discussing a potential settlement in a major lawsuit filed by 29 US states alleging the company designed its platforms to be addictive to teens. According to Meta's own analysis, the total fines could reach $1.4 trillion.

Despite growth in the industry, a wave of collapses is hitting sleep retailers in the US. Now, the low-cost chain No Bull Mattress is joining Chapter 11 proceedings after accumulating debts of about $2.8 million.

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?

Despite a slight decrease in revenue in the first half of the year, the company shows a dramatic improvement in profitability indicators and reports exceptionally high liquidity of tens of millions of shekels in cash.

In recent months, the Competition Authority has increased proactive inspections against official importers as part of a struggle to reduce harm to parallel imports. The move is based on an amendment to the law that came into effect about three years ago. At this stage, in the absence of data, it is unclear whether the enforcement is actually affecting price reductions.

The Target chain stopped selling the "Circus Clown" costume after social media users criticized it, claiming it resembles racist caricatures. Target stated: "We are deeply sorry. The costume is offensive and should not have been sold at all."

The Fattal hotel chain notes in its financial reports that it expects to open 41 additional hotels by 2030, with an investment of approximately 1.1 billion shekels. The company estimates that the new hotels will add about 300 million shekels to the annual EBITDA.

The gap between participating in the Europa League and the Champions League stands at about ten million euros, even before bonuses for results. Even in the secondary competition, tough rivals may await them.

The company recorded an increase of about 17% in net profit in the second quarter, alongside significant growth in EBITDA and EBITDAR excluding exchange rate effects. However, revenues in shekels decreased due to currency effects and the security situation; the company expects revenues of 7.8–8.1 billion shekels in 2026.

First publication: Zion Baruch, Shalom Michaelshvili, and Asi Israelof are currently in Italy, where they will celebrate this evening ahead of the wedding of their good friend Omer Adam and his fiancée Sasha Israelovich. While they are overseas, their next business move in Israel has been revealed.

A severe technical malfunction is paralyzing the popular delivery system in Israel and around the world. Couriers are furious over the sudden shutdown of the central algorithm, and restaurants are left helpless before silent screens.

Nigeria's NIGCOMSAT is set to purchase two communications satellites from IAI and Thales. The total value of the deals is estimated to reach approximately $2 billion.

Users of the Wolt app were unable to place new orders due to a global technical malfunction. After about an hour, the company announced that the issue had been resolved, though some delivery area restrictions remain.

The Ministry of Defense has demanded 30 million shekels in compensation from drone manufacturer Aerodrome for failing to meet tender conditions. The ministry has expressed willingness to negotiate to avoid a legal battle.

The Yuvalim Group has notified the stock exchange of a "demand letter" from Avishai Neria regarding alleged losses in joint ventures. Yuvalim dismissed the claims as baseless, attributing them to Neria's own financial difficulties.

In its first report since the IPO, Cando Drones shows a doubling of revenue and improved gross margins. While the auditor has removed the "going concern" note, the company continues to operate with a net loss and an accumulated deficit of 27.9 million shekels.

Budget sent a message to customers warning of service and supply issues with Chery vehicles imported by Frisbee. Following a Calcalist inquiry, the leasing company announced that joint efforts have led to significant improvements.

Aerodrone is completing a strategic management overhaul by appointing a Brigadier General (res.) with extensive security industry experience to lead the company toward growth.

The drone company Aerodrome is down by 3% after announcing today (Tuesday) the resignation of CEO Ziv Ben Baruch. He will be replaced by Brigadier General Itzik Bilet, marking the third CEO change in the company within the last year.

Dalia Energy will exercise its option to increase its stake in the Ashdod data center project to 50% earlier than expected. The investment in the construction of the complex and the substation has jumped from $1.5 billion to $4.5 billion, to which up to $7 billion may be added for servers and processors. The project is planned to reach a capacity of up to 250 megawatts, and the companies are...

Infrastructure and energy company Inter Plus concludes a successful quarter with a surge in revenues and a transition to an operating profit of millions of shekels, alongside new, prestigious, high-volume contracts.

Lego reported a 21% revenue increase for the first half of the year, reaching 42 billion Danish krone. The growth is driven by strong sales of new sets, the launch of the Smart Play platform, and key sports partnerships.

Alice, formerly ActiveFence, has completed a funding round led by Apax Digital. Globes has learned that the round was conducted at a valuation of approximately $800 million. The company is approaching an annual recurring revenue (ARR) rate of $100 million, with a client list that includes Google, Anthropic, Nvidia, Meta, TikTok, and Amazon.

Tens of thousands of migratory birds expected to arrive in the Hula Valley pose a real danger to winter crops. Now, the urgent solution being crafted in government ministries to prevent a heavy financial disaster for the region's farmers has been revealed.

Following the success of its first branch in Pardes Hanna, the "Rami Levy Stock" chain is expanding to the center of the country with a new 3,000-square-meter store. The company has officially confirmed the opening date.