Economy

Amram Avraham reported selling 794 housing units and advancing 4,640 units under construction at a Tel Aviv investor conference, posting revenues of 774 million shekels.

Israel's real estate market remains sluggish with 7,532 apartments sold in August, a 1% year-on-year drop. Excluding government subsidies, free-market sales fell 5%, driven by a sharp decline in second-hand transactions and plunging developer cash flows.

Billionaire Haim Saban celebrates his 82nd birthday, reflecting on an extraordinary journey from Egyptian refugee and heavy debt to building a global media empire through Power Rangers, major media sales, and international investments.

Rotem Amfert workers will protest in Jerusalem on October 19, 2026, over planning delays threatening the plant's closure and endangering 1,000 direct jobs in the Negev.

A 241 million shekel class action was approved against Apple's official Israeli importer iCon and iDigital over keeping replaced AirPods and MacBook parts.

Singer Liam Golan, son of artist Eyal Golan, is launching a new taxi company called 4U with an initial investment of NIS 500,000, expanding into the business sector.

Israel's real estate sector witnessed a significant wave of broker departures in 2026, with some 3,700 professionals failing to renew their licenses amid a stagnant secondhand housing market.

Altshuler Shaham dropped to the bottom of the general track ranking in September after leading for three months. Clal and Migdal led the monthly general track with 0.2% yields.

The Builders Association has demanded a delay to new safety regulations taking effect Sunday, citing missing online infrastructure, unanswered questions, and a severe shortage of safety officers.

Moti Kuperly, CEO of Hazi Hinam, has petitioned the Tel Aviv District Court to dismiss a lawsuit filed by the widow and daughter of late founder Zaki Shalom, escalating a bitter corporate and real estate dispute.

McDonald's marks 33 years in Israel while its global parent seeks a new local franchisee. Meanwhile, the fast-food giant faces declining U.S. sales and stock drops amid an $8.5 billion global turnaround plan.

Saynet Lakat has issued an urgent recall for MATRIX ceiling fans over fall risks. Additionally, authorities warned against TREQA iPhone chargers due to fire and shock hazards.

Global markets plunged as rising inflation and interest rate fears collided with soaring artificial intelligence infrastructure costs, wiping out billions in market value across Seoul, Wall Street, and Tokyo.

IKEA Israel is launching the YXSTABY gaming collection in collaboration with XBOX, featuring an augmented reality store game where top scorers join elite Israeli gamers in a special tournament.

The Israel Securities Authority warned the public against foreign investment websites using Hebrew and AI tools to impersonate local regulated firms, risking investor funds.

Harel Insurance is establishing a new securities trading operation and has applied for Tel Aviv Stock Exchange membership, challenging traditional bank dominance amid a surge in retail investing.

Former NICE CEO Barak Eilam is joining the board of British fintech firm Wise Group and is slated to become chairman in April, succeeding David Wells.

An investigation by the 'Shomrim' organization reveals a black market for rented Wolt courier accounts in Israel, raising severe safety and identity verification concerns as road authorities demand action.

Eitan Horn, a survivor who spent two years in Hamas captivity after being abducted on October 7, 2023, has criticized the Israeli government's financial and state support for returned hostages.

CPA Yoram Shifer outlines crucial year-end tax strategies for 2026, helping employees and self-employed individuals maximize deductions, pension contributions, and refunds before December 31.

TSMC reported a record third-quarter net profit of 763.1 billion new Taiwan dollars, surging 68.7% year-on-year amid insatiable global demand for AI chips and robust operating margins.

The National Insurance Institute highlighted Billy the Bot for 24/7 benefit queries and distributed the 2026 annual heating grant of 664 NIS to eligible seniors.

A 2026 study by Prof. Eyal Kimhi highlights how a lack of intergenerational planning in family businesses harms long-term investments, operational growth, and strategic future decisions.

Global markets plunged as hot US inflation data drove Treasury yields up, dragging down Asian exchanges and pressuring the Tel Aviv Stock Exchange. Dual-listed tech stocks opened sharply lower, while the US dollar climbed against the shekel.

The Israeli Supreme Court ruled that financial backers taking over failed real estate projects must compensate apartment buyers for delivery delays, altering rescue project economics.

Israel faces potential annual economic losses of 250 billion shekels by 2050 if ultra-Orthodox employment and integration patterns do not change, straining state budgets.

Recent CBS data reveals a recovery in the Israeli housing market, with 24,000 apartments sold between June and August—an 11.1% quarterly increase. Experts dismiss unsold inventory fears as an urban legend, noting few completed units remain.

Tel Aviv indices pared gains to close slightly higher as a surprise US inflation surge sparked sharp market drops across Asia and Wall Street, raising interest rate hike fears.

LEOX fund and The Phoenix acquired an 85% stake in the Haverim veterinary chain for 240 million NIS. Founder Erez Zaitouni remains CEO, and Erez Nahum serves as chairman.

IBI Mutual Funds chairperson Ela Alkalay warns that the Israeli financial market is dangerously ignoring the risk of international sanctions over settlement activity and E1 corridor development, comparing the potential economic fallout to the isolation of Russia.

Julius Baer analysts highlight a mixed market outlook, driven by surging AI-powered cyber threats boosting security demand and plunging iron ore prices due to China's real estate crisis.

Arsenal FC announced plans to lay off about 60 employees despite reporting record revenues of 691 million pounds and ending a long trophy drought, sparking widespread criticism.

UBS forecasts 28 percent earnings growth for S&P 500 companies in Q3, driven by artificial intelligence and robust consumer demand, despite ongoing Wall Street volatility.

The National Insurance Institute released the October 2026 payment dates, confirming a return to regular schedules alongside a 28 million ₪ investment in rehabilitation centers for terror victims.

Gilat Satellite Networks shares dropped 60% despite securing $155 million in new contracts and strong financial growth, weighed down by technical index rebalancing and Starlink competition.

Diplomat Holdings plans a 250 million shekel bond raise to double owned brand sales by 2030, expand logistics, and launch Camel and Winston cigarette distribution.

A new analysis of Israeli real estate data reveals where buyers can still find apartments priced between 1.5 and 2 million NIS, highlighting stark regional disparities and the impact of older housing stock.

Gal Naor, daughter of Yitzchak Tshuva, is acquiring a 70% stake in Hamat Gader for 150 million shekels. The plan includes expanding accommodations to 170 units and upgrading thermal baths.

Elite Turkish Coffee faces fresh competition as comedy trio Ma Kashur and café chain Aroma, partnering with Idan Amedi, launch new black coffee brands to challenge its six-decade market dominance.

American chef Will Coleman's viral 6-1 grocery shopping method helps reduce food waste and impulse buying by organizing supermarket lists into a structured numerical formula.