Economy

Av-Gad's cash flow is negative. The company: "We have no liquidity problems"
After bringing Barak Finance into its structure, the company is looking for partners and may bring in institutional investors. The board of directors determined that despite the negative cash flow, there are no liquidity problems. The company published its reports for the second quarter, which show that the company sold 32 apartments in the quarter, compared to 10 in the previous quarter.

A surprise for employees: an addition of hundreds of shekels in the upcoming payslip
An extension order signed two weeks ago updates the value of a recuperation day for private sector employees from 418 to 481 shekels. The Histadrut clarifies to "Ha-Yom": an employer who has already paid the old rate will transfer the difference this month. Civil servants already received the update in June. The average addition per employee will be slightly more than 300 shekels gross.

After the stock crash: tourism giant Issta sees 315% profit jump
Despite the turmoil experienced by Issta's stock over the last half year, the company's reports for the second quarter of 2026 show strong results alongside a new record in equity.

Rami Levy shakes up the market: The electric vehicle returns at an unprecedented price
The Rami Levy Stock chain and the Delhum Motors group are bringing back the consumer hit that drove the country crazy, but this time the move is limited in time and quantity and will take place in only one location.

Ranking of the strongest companies on the stock exchange: The giant on the way to a trillion shekels
The cyber giant recovered sharply from last week's sell-off, jumping over 10% and approaching a threshold that no company on the stock exchange has ever crossed. On the other side, Elbit continued its retreat, falling below 100 billion shekels and losing fourth place in the ranking. What is driving these two trends?

The storage industry enters the culling phase: financial resilience will determine who remains
For the first time, over 100 gigawatts of storage capacity were added to the global market in a single year. Amid resource scarcity and a shrinking pool of suppliers, project reliability is now paramount.

Mounting debts and collection procedures: the new warning for millions of Israelis
About 2.8 million letters are returned to the sender every year without reaching their destination, leading to fines and legal proceedings for consumers who are unaware of this. This is the dramatic move being launched to stop the phenomenon.

Hachsharat HaYishuv's profit jumped more than two-fold
The company's revenues in the first half of 2026 increased by 10%, driven by rental income from the Nimrodi Tower in Bnei Brak and the expansion of logistics parks in Europe. Net profit surged by 118% to 141 million shekels.

"Winter Panic": EU gas reserves at 13-year low
Europe is set to enter the winter with its lowest gas reserves in 13 years. With storage levels at only 63% in late August, experts warn of increased price volatility during the heating season.

How much does a supermarket trip cost? We asked children about money — and the answers surprised us
August is a month when children hear the word "money" most often. Another ice cream, another outing, or a purchase before school. But what do they really know about the finances behind these things?

SentinelOne fell after forecast, eToro director cashed out millions: what is happening with Israeli companies on Wall Street?
In Globes' weekly column, we checked what happened to prominent Israeli stocks on Wall Street at the end of the week. Reports beat expectations but the forecast cut: the reason for SentinelOne's fall. The veteran director at eToro cashed out millions in shares - and the analysts who continue to believe. And also: Amdocs stock jumped 26% from the bottom: is it a "bargain" that will continue to fly?

Over 2 million employees to receive convalescence pay supplement
An extension order signed last week increases convalescence pay for private sector employees by 8%. Those who have already received their 2026 payment may be entitled to a retroactive adjustment.

Fuel price jump: gasoline to increase by 16 agorot to 8.25 shekels per liter
Starting September 1st, the maximum price for a liter of 95-octane gasoline at self-service stations will reach 8.25 shekels. This marks a 14-year high for fuel prices in Israel.

Bank Hapoalim and TASE Launch Periphery Index: 171 Billion NIS, 146% Return
The Tel Aviv Stock Exchange and Bank Hapoalim are launching a new index providing exposure to 58 public companies operating in the periphery with a market value of 171 billion NIS, aiming to boost growth and employment outside the country's center.

A 40% jump in a month: The reason for the surge in Sde Nadlan stock
At a time when the real estate market is stagnating, the Israeli company Sde Nadlan is recording a sharp surge due to its investments in the United States. Those who purchased the stock at the beginning of the year have recorded over 50% profit.

Urgent recall for popular electrical product in Israel: "Risk of electrocution and fire"
The Ministry of Economy and Industry warns the public this morning against using a common product found to be unsafe, and calls for an immediate halt to its use due to severe failures.

Colombia Earthquake Halts Coffee Exports
The disaster in Colombia has severely damaged the growing regions and the central port of the world's third-largest coffee producer, and the complete halt of shipments is now raising serious concerns about a price spike in the coming months.

A guide to the 2027 car market: taxes, benefits, and prices
The Tax Authority, the Ministry of Transport, and the Ministry of Environmental Protection have released the new purchase tax formula for vehicles. Despite rumors, the implementation of a mileage tax remains unlikely in the near term due to regulatory and logistical hurdles.

Four months after being sold: BUYME changes course with a surprising acquisition
The digital gift company is entering the world of customer clubs for the first time and is acquiring an advanced technological platform for managing employee benefits and welfare budgets, which will allow it to expand into new business areas.

After the sharp jump in August: fuel price in Israel reaches an all-time high
The price of a liter of 95-octane gasoline at self-service pumps is jumping by 16 agorot and will stand at 8.25 shekels in September — identical to the record set 14 years ago. The reasons: a jump in fuel prices in the international market and an update to the excise tax.

Has Mitch Goldhar decided to sell Maccabi Tel Aviv? "It's a process that has begun"
Sources in Israeli football and the Canadian business community claim that the owner of the 'yellows' is considering his future, but any potential sale will not be immediate: "It's not for nothing that he hasn't been coming to Israel for a long time."

McDonald's stock plunged by 22%: fast food giant at an unprecedented low
Fast food giant McDonald's made a dramatic change to its popular promotions and the results were devastating. With a sharp drop in stock and billions in debt, is the beloved chain on the way to a change of direction?

Shock following Adika's return: prices soared and the site will be closed on Saturday
The beloved fashion brand has returned to operations in an online-only format, but consumers were hit with a double shock following an unusual spike in prices and a surprising decision to block the site entirely during the Sabbath.

Nvidia worries investors: The unusual figure in the chip giant's reports
Despite a significant jump in revenue, the tech stock reacted with sharp declines in the latest reports. Experts reveal the investors' big fear and the new risk hovering over the AI market.

"Stability at risk": USA explains the unusual step
US Treasury Secretary Scott Bessent warns that the collapse of the Japanese currency threatens global markets. In an official letter, he reveals why Washington was forced to intervene in a rare move.

Warren Buffett Celebrates 96th Birthday While Maintaining Daily Office Routine
Warren Buffett, celebrating his birthday today, remains involved in investment decisions despite stepping down as CEO of Berkshire Hathaway earlier this year. Here is what has changed and how the market is responding.

209 billion dollars for 25 years: details on the "largest oil deal in history"
Following Donald Trump's announcement, the figures behind the deal are revealed: 19 dollars from every barrel will flow into the local treasury. Interim President Delcy Rodriguez clarified: "The sovereignty remains with us."

National Insurance Institute adjusts benefit payment schedule for September
Ahead of the autumn holidays, the National Insurance Institute announces a significant adjustment to payment dates for millions of beneficiaries, including unemployment, disability, and child benefits.

With an investment of 100,000 shekels: premium bag brand lands in an Israeli mall
After conquering the digital arena and achieving success in Europe, the knitted bag brand Boujee is entering the physical space with its first pop-up store at Ofer HaKanyon HaGadol in Petah Tikva with an investment of about 100,000 shekels.
Multi-million dollar hack: Moonwell crypto platform hit by price manipulation
Decentralized lending platform Moonwell has halted borrowing on the Base network following an attack that resulted in approximately $8.7 million in damages. An attacker exploited the low liquidity of the MAMO token to inflate collateral values and withdraw high-value assets.

Where was a 2.5-room apartment sold for 3.4 million shekels?
Also: how much was a 4-room apartment of 86 sqm with a balcony sold for in Jerusalem, how much was paid for a 4-room apartment in Tiberias, and where was a 5-room apartment sold for less than 1.5 million shekels?

What are the chances that the Bank of Israel will lower the interest rate again on Tuesday?
The decline in inflation and the strong shekel support a third consecutive reduction the day after tomorrow. On the other hand, the increase in government spending and security uncertainty raise concerns that prices will start rising again, so the Bank of Israel may leave the interest rate unchanged at 3.5%.

Workplace absenteeism: Unusual data on employees under 29
A new study published in the UK highlights a significant generational gap regarding workplace discipline. Employees under 29 are twice as likely to fake illness to miss work compared to their older counterparts.

How do you know if your honey is fake? The truth about home tests
Ahead of Rosh Hashanah, a plethora of videos are popping up promising to reveal within seconds if honey is real or fake, meaning diluted with various industrial syrups. But the truth is that no such test checks what is really important. So how can you (almost) ensure you purchased pure bee honey? Only this way.

After persistent service failures and a drivers' strike: Tnufa may lose routes
The Israeli Ministry of Transport is considering stripping the bus company Tnufa of its routes and revoking its operating license due to persistent service failures and a shortage of buses.

Navitas' British partner for Falkland Islands drilling prepares for Tel Aviv listing
British firm Rockhopper Exploration, a partner in the Sea Lion project, is preparing for a Tel Aviv Stock Exchange listing. The company raised $200 million, with 40% of its shares already held by Israeli investors.

Phoenix attempts to realize controlling shares in Elron after Arieli failed to meet conditions
The Arieli Group, the controlling shareholder of Elron, has breached loan covenants related to its acquisition of the company from Phoenix Investment House. Consequently, Phoenix has begun seeking buyers for the pledged shares.

Foreigners flocked to Friday: Stock exchange trading volumes jumped by 173%
The Tel Aviv Stock Exchange's shift to a Monday-Friday trading week has yielded results faster than expected. Friday trading volumes surged by 173% compared to Sundays, with foreign investors accounting for 40.2% of the turnover.

Shapir will not acquire 5% of the Ashdod Oil Refinery from Paz
Shapir Engineering has declined its option to purchase a 4.99% stake in the Ashdod Oil Refinery from Paz. The decision follows regulatory hurdles and the company's failure to meet conditions regarding the sale of its natural gas distribution licenses.

The Sugat deal as a case study: "Data is a bonanza that can push competitors out"
In recent years, another issue has entered the picture when examining a merger deal: who holds the customer data. A prominent example is the merger between Sugat and the data provider StoreNext, which fell through due to concerns that access to the information would harm competition. Tobi Harris, head of the Markets Department at the Competition Authority, explains in an interview with Globes why...