Economy

Amal Holdings' results since its stock market debut last November are disappointing. In the second quarter, the company faced a decline in operating and net profit, as well as eroded profitability amid rising administrative and financing expenses.

The moderation of inflation and the weakening of the US labor market are lowering the probability of a rate hike there in September. However, investors are still concerned and are pricing in the risk in long-term bonds. Now also in podcast version.

CEO Gil Agmon purchased company shares for approximately 148 million shekels, increasing his stake from 49% to 56%. The stock has fallen by 67% since its last peak.

The Tel Aviv District Court has appointed Adv. Gil Oren as the settlement manager for Papaya Gaming and granted a temporary stay of proceedings. The judge emphasized that the debt settlement plan for the $718 million liability must include owner contributions and potential investor involvement.

Despite the impact of the 'Lion's Roar' war at the beginning of the year, the hotel chain presents exceptionally strong financial results with revenues totaling hundreds of millions of shekels.

The Max Stock chain is launching a variety of cheap solutions for school and offers writing kits, marker packs, backpacks, and pencil cases at rock-bottom prices, alongside a fifty percent discount on a favorite sports brand.

The Tel Aviv Stock Exchange closed with gains in the two main indices. The TA-35 index rose by 0.11% to 4,145.38 points, and the TA-125 index climbed by 0.28% to 4,042.96 points.

The Association of Investment Houses has appealed to the Capital Markets Authority and the Supervisor of Banks with a demand to re-examine pension distribution fees. The association claims: while management fees have plummeted, the bank commission has been stuck for two decades at a rate of 0.25% and prevents objective advice in default funds. CEO Nimrod Sapir: "The time has come to update the...

Barak Finance will invest about 49 million shekels and hold 49% in a new company with Av-Gad, which will take on 24 projects in the center of the country. Bank Hapoalim is investing about half a million shekels in establishing a community space, a cafe, and a workspace at Hermon Square in Kiryat Shmona. And Samsung will launch a web series in addition to a fashion campaign to promote its new...

Meta has reached an $18 billion settlement in a massive lawsuit brought by 29 US states over claims that its platforms were designed to cause addiction among young users. The payment will be spread over 10 years.

The Sherco importer is launching the 2027 models and completely eliminating the pricing gaps and bargaining common in the two-wheeled industry with a particularly surprising starting price.

The Ministry of Finance salary report reveals: an IDF officer retires with an average pension of 20,000 shekels per month and an accumulated pension of 9 million shekels, while a Major General receives about 73,000 shekels per month. The average pension in the IDF is far from the target set by law; Shin Bet and Mossad employees lead the table, women remain behind.

We all know that disappointing moment: you collected the dirty clothes, sorted them by color, turned on the machine, and waited for the familiar, fresh scent of clean laundry. But the moment you opened the door, instead of a floral scent, you got a wave of bad odor, very reminiscent of sewage. It turns out this is a fairly common problem that bothers many of us. This smell not only harms the...

American airline Delta Air Lines is officially resuming flights to Israel starting September 6 following a thorough security assessment. Round-trip economy tickets start at $1,565 and include a cancellation option.

After the stock plummeted 30% following earnings reports and a series of investment houses lowered their target price, investment bank UBS is going against the grain and upgrading its recommendation to "Buy." Analysts see a 45% upside, linking it to regulatory changes in the US.

A shareholder of the Ashdod oil refinery has filed a request with the Tel Aviv District Court to disclose documents regarding the company's relationship with Shapir Engineering. The plaintiff is preparing a derivative lawsuit, alleging that the board of directors unlawfully granted Shapir de facto control over the refinery.

Meta has agreed to pay up to $18 billion as part of a settlement in a massive lawsuit filed against it by 29 US states, alleging that the company violated the privacy of young users and integrated addictive features.

After three and a half years at the helm, Amanet Group CEO Shmuel Alfasi is stepping down. He will be succeeded by Lior Levy Gilor, a veteran of the group who previously led its technology division.

The dramatic wealth comparison between Omer Adam and Eyal Golan reveals a huge gap, as for one of them music accounts for less than 2.5% of assets, while the other holds a thriving real estate empire.

The Michpal Technologies group is expanding into fintech and digital payments by acquiring a 70% stake in Interspace Tranzila, a leading provider of credit card processing and cloud infrastructure services.

The Accountant General's Department at the Ministry of Finance has published the pre-qualification documents for the international tender for the construction of the desalination plant in Emek Hefer. It is expected to be the largest in Israel and one of the largest of its kind in the world.

The tender committee has published the pre-qualification stage for a facility that will provide about 40% of domestic and industrial water consumption in Israel. The project in Emek Hefer will be built on 200 dunams and may include a natural gas power plant, and may also support water exports to Jordan.

During a challenging time for Israel's inbound tourism industry, Guy Kelner has been appointed as the new CEO of the Chamber of Inbound Tourism Organizers, succeeding Yossi Fatal, who held the position for 11 years.

Bitcoin and Ethereum are retreating on a volatile trading day, but Ripple stands out negatively, disappointing investors with a sharp drop of 4.78% despite a weekly surge.

Alongside a net profit of approximately 1.02 billion shekels in the second quarter, Harel CEO Nir Cohen chose to conclude the investor call with a different achievement. Cohen took pride in the fact that Harel is the only insurance and finance company to have entered the Globes brand index. "It is not just a matter of recognition, but to what extent the customer trusts and values the brand - this...

Israeli agritech company CropX is acquiring startup SCIO, which developed food quality testing technology. The deal is not considered a successful exit, as the acquisition price is estimated to be lower than the 64 million dollars the company raised.

The popular electronics brand Ninja introduces HydraSense: a stylish desktop water dispenser with a smart touch screen, promising to filter 99% of contaminants from tap water and serve as a green and convenient alternative to polluting plastic bottles.

Fattal and Israel Canada Hotels have leveraged the financial distress of the German Revo Hospitality Group to expand their European footprint. The companies are acquiring rights to 15 hotels in Germany and the Netherlands for approximately 40 million euros.

The Israeli company published its reports for the first half of 2026, showing that it holds over 1,000 Bitcoins while its stock trades at a much lower valuation. How did such a gap emerge, and what does it mean for those considering exposure to Bitcoin through this stock?

After stocks ran out quickly in previous launches, the Nike Mind 001 flip-flop returns to Israel in new colors. Sales will begin tomorrow at 09:00, in only 5 stores, and with limited stock.

The average apartment price rose by 3.7% this year, the average mortgage continues to rise, and Tidhar reports point to a jump in revenue and profit, while the company previously spoke of a price crash and is now predicting a market recovery.

The Ministry of Finance has published the security system salary report for 2023-2024. The average salary in secret agencies stands at 32,225 NIS. The average budgetary pension for IDF officers is valued at nine million NIS. The number of civilian IDF employees reached approximately 8,000 in 2024.

The retail chain is offering dramatic price cuts on dozens of leading brands ahead of the new school year. The promotion, covering staple goods and children's food, ends on August 28.

The Ministry of Finance has published an international tender for the construction of an unprecedented desalination plant in Emek Hefer that will provide about 40% of annual water consumption and will affect relations with the neighboring country.

A shareholder of Tomer Mazon has filed a 2.5 million shekel lawsuit, alleging bad faith during the merger and the concealment of inventory issues, which led to the suspension of the company's shares.

Tiv Taam is preparing for the possibility that it will be required to leave its existing branch at the Star Center in 2029, and has purchased land in Ashdod for 40.8 million shekels to establish a new branch. The move comes against the backdrop of an eviction lawsuit filed by the property owners that ended in a compromise, and concerns regarding religion and kashrut issues. At the same time, the...

Bank Hapoalim is providing a tailwind to Kiryat Shmona with a significant donation for the restoration of the city's "beating heart," the establishment of the new "Mona" complex, and the "Live Thursday at the Square" event series, which will support local businesses and encourage the return of residents.

The National Insurance Institute is publishing digital brochures that consolidate information on rights, benefits, and perks in one place, with direct links to forms and services on their website. Targeted groups include discharged soldiers, senior citizens, victims of hostilities, and mothers.

The nursing and care company shows stagnation in operating profit, alongside a decline in the stock since the IPO. It reports the acquisition of a company in the home care sector for 72 million shekels, expects recent acquisitions to add 190 million shekels to revenue, and aims to expand into care for the homeless and autistic: "This is a division that will bring us to large turnovers."

The company backed by Jackie Ben-Zaken, Barak Abramov, and Tzahi Abu has received preliminary approval from the NASDAQ exchange for a dual listing in the US. But the road to trading is still paved with several conditions and a very close deadline. What exactly is missing, and how much of the dream is already priced into the stock currently trading in Tel Aviv?