Economy

Carasso Motors' freesbe brand achieves a record-breaking launch for Chery in Austria, with 882 vehicles on the road since June 2026 and robust monthly growth.

Keystone Infrastructure Fund announced a quarterly dividend of NIS 25 million for shareholders, bringing total payouts since its IPO to approximately NIS 336 million.

Memory chip manufacturer Micron surged 263% this year, but analyst Gil Luria from D.A. Davidson raised its price target to $3,000, citing massive AI demand.

NEAR Intents suffered a $3.8 million cyberattack, but the CEO identified the attacker, leading to a full refund within 48 hours. Meanwhile, a new crypto ETF launched and NEAR prices recovered.

Madlan data for ynet highlights Israel's top 16 luxury real estate deals, led by a 91.4 million shekel sale in Neve Tzedek, reflecting a selective high-end market.

BST Construction has won a 1.12 billion shekel tender to build the massive Vertical City project in Ramat Gan's Diamond Exchange district, transforming the business zone into a 24/7 mixed-use urban hub.

Airtel Money launches its London Stock Exchange debut, raising 529 million pounds in the largest IPO in London since 2021, giving the fintech giant a 5.3 billion pound valuation.

Ferrero Israel launches the new Minecraft edition of Kinder Joy in supermarkets nationwide, combining iconic gaming characters with digital QR experiences.

Israel's economy sees massive shifts as a 4.5 billion shekel energy deal advances, tech firm OpenWeb faces a 177.5 million shekel debt crisis, and retail giants slash smartphone prices.

Three massive residential developments in Tel Aviv's Fourth District—DUO, Infinity, and Kikar HaMedina—are nearing completion, reshaping the local skyline amid shifting market sales and rising price per square meter rates.

Discover how to break free from monthly ISP router rental fees in Israel by purchasing independent Wi-Fi hardware, setting up a fiber converter, and navigating customer service.

Tower Advanced Investment Solutions, part of Migdal Capital Markets, has appointed Nissim Boganim as CEO to spearhead its expansion and entry into new financial sectors.

Blockchain investigator ZachXBT spent $349,700 in an undercover operation to infiltrate a North Korea-linked Lazarus Group money laundering network following the massive Bybit hack.

BST Group's subsidiary Best Bneya wins the 1.12 billion NIS main contractor tender for Phase A of the massive Vertical City mixed-use project in Ramat Gan.

Intel's stock rally faces headwinds as Elon Musk's Terafab project reportedly holds talks with TSMC. The venture threatens Intel's exclusive manufacturing role as immense AI and robotics demands reshape the semiconductor market.

At 90 years old, Migdal controlling shareholder Shlomo Eliahu has taken over as temporary CEO of Migdal Holdings, stepping into the role amid ongoing managerial turbulence and regulatory scrutiny.

A review of recent real estate transactions across Israel highlights affordable housing options in towns like Yeruham, Arad, and Be'er Sheva, alongside notable property sales in Tel Aviv, Eilat, and Ramla.

The National Insurance Institute of Israel has published the payment schedules and reporting deadlines for October 2026, returning to regular dates after a holiday-heavy September.

Entering Israel's high-tech sector as a junior has grown tougher, but professionals share how starting in peripheral roles like customer success and operations can lead to core product management positions.

The EU has set October 23, 2027, as the deadline for new laws banning extra fees for carry-on trolley bags, mandating transparent upfront pricing for all airline passengers.

Starbucks is reportedly exploring an acquisition of Chipotle, reconnecting CEO Brian Niccol with his former brand. While both chains expand in the Middle East, neither operates physical stores in Israel, decades after Starbucks' failed local venture.

Beresheet Hotel in Mitzpe Ramon has sued the local council, demanding residential property tax rates instead of luxury hotel tariffs for sheltering October 7 evacuees.

OpenAI's annual revenue is roughly 20 billion dollars lower than previously reported, reaching close to 50 billion dollars in September. The discrepancy stems from different calculation methods compared to rival Anthropic.

Aluma Fund deepens its partnership with Discount Capital through an 81 million shekel investment in Alumnergy and a direct stake in the fund, boosting the energy platform's growth.

Terminal X has cancelled its acquisition of a controlling stake in design retailer Soho due to negotiation gaps, halting its planned expansion into home decor goods.

Property tax appeals committees halted work on 10,000 war compensation appeals worth 5 billion shekels, citing a payment dispute with the Israel Tax Authority.

Terminal X has cancelled its 11 million shekel deal to acquire a controlling stake in the Soho retail chain following unresolvable gaps during negotiations.

Taamim Kol Hazman Ltd. recalls HAYAT and Hermon 200ml drinking water products following Ministry of Health supervision due to unknown safety and unlawful marketing.

Israel's Ministry of Construction and Housing launched a new scheme allowing public housing tenants to write off up to 50% of accumulated rental debts. Applications are open through managing companies until December 31, 2026.

Two Israeli tech firms, Silk and HoneyBook, laid off dozens of employees this week, restructuring operations to integrate artificial intelligence tools into software development and business management.

The Tel Aviv Stock Exchange closed with a mixed trend as the TA-35 fell 0.16% to 4,089.94 points and the TA-125 edged up 0.04% to 3,934.01 points amid fluctuating stock performances.

A Rehovot court ruled that an ant infestation in a car's computer system qualifies as a covered accident under comprehensive insurance, awarding 30,000 shekels in compensation.

Dyonin shares tumbled 13% on massive trading volume as institutional buyers absorbed a major block. The drop follows recent merger talks with Dan's real estate arm.

The Israel Land Authority sees a drop in standard housing tenders while affordable housing rises, evidenced by a Beit Shemesh land tender selling 60% below appraisal.

Amos Luzon is negotiating a $6.4 million acquisition of Kohan Properties from Netanel Lorenzi, who recently seized the shares following a default by Michael Kohan. The deal echoes Luzon's past takeover of Dori Construction.

Investment firm Ariel Investments is urging toymaker Mattel to explore strategic alternatives, including a potential sale, following the departure of Israeli CEO Ynon Kreiz.

Israeli fintech startup HoneyBook is laying off 14% of its workforce, affecting around 30 to 35 employees, mostly in Israel, as part of an AI-driven reorganization.

The Supreme Court ruled that banks completing failed construction projects must honor buyer delay compensation from liquidation funds before collecting their own share.

Israel's state tax revenues surged 13.3% to ₪443.7 billion in the first nine months of the year, significantly narrowing the budget deficit while civilian ministry spending remained virtually unchanged.

American Quality Products issued a recall for Ben & Jerry's Milk & Honey ice cream after a consumer reported finding a plastic-like foreign object. The recall affects 432g tubs with specific barcodes and expiration dates.