Economy

After reports that the G-City deal is in danger, the income-producing real estate company's stock is falling sharply in Tel Aviv. It seems that investors are sending a clear message to Chaim Katzman, the founder and owner: We want the deal.

Phoenix's investment values PowerGen at 3.25 billion shekels and is expected to yield the Generation fund a profit of up to 320 million shekels. This move is a key step in financing the acquisition of Shikun & Binui Energy and strengthens PowerGen's position as a leading player in the Israeli energy market.

The US administration is purchasing yen in the amount of 5–10 billion dollars as the Japanese currency hits 40-year lows. Beyond supporting an ally, the intervention offers a direct benefit to Washington: it may reduce Japan's sale of US bonds, thereby lowering the cost of servicing American debt.

Reports indicate that pharmaceutical giants AstraZeneca and Bristol-Myers Squibb (BMS) are in talks regarding a potential merger. If successful, the deal could create a combined entity with a market capitalization of nearly $400 billion, marking one of the largest transactions in industry history.

Following a 14% decline in June, the insurance sector saw a recovery in July, with the insurance index rising by 6.15%. However, the rebound was uneven across the industry. We analyze why insurance stocks act as a leveraged bet on the market and what this means for your long-term savings.

Dual-listed stocks return with a slight negative gap, while chip stocks are expected to open under pressure. De-escalation with Iran provides market support, while the Wall Street rally continues. This week, Tower, El Al, Bezeq, and others are set to report earnings.

Rating agency Midroog has placed five series of Nofar bonds under review following objections from the Israel Securities Authority regarding the company's financial reporting. The regulator claims that Nofar has breached financial covenants, potentially granting bondholders the right to demand immediate repayment.

Following a positive end to July, investors on the Tel Aviv Stock Exchange are reacting to rising US futures and falling oil prices, driven by Donald Trump's decision to cancel a strike on Iran.

While Israelis continue to go abroad in large numbers, Yoniin Penning, the bank’s chief strategist, warns against the effects of global inflation and explains which prices in the country are expected to change soon.

Minor movements in the local foreign exchange market at the start of August following a 3.2% depreciation of the shekel in July. The dollar is trading at 3.05 shekels, while the euro is around 3.52 shekels.

Following Donald Trump's announcement to cancel an attack on Iran, oil prices fell by over 5%. Asian stock markets are experiencing a negative trend, while the Japanese yen has strengthened following a coordinated intervention by Tokyo and Washington.

Nvidia's expansion in northern Israel has renewed interest in building a hotel in Yokneam. However, a previous attempt by developer Li Marshall to build a hotel complex failed, leaving the company with 50 million shekels in debt.

Altshuler Shaham, Israel's third-largest investment house, is undergoing a major reorganization after losing 140.3 billion shekels in client assets over five years. Founder Gilad Altshuler is decentralizing decision-making to overcome the crisis.

Shikun & Binui has established tiered penalties for withdrawing from the sale of Shikun Energy to the Generation fund. The compensation reaches 300 million shekels if the company accepts a competing offer from a major industry player.

A power struggle is unfolding at Novolog between controlling shareholder Ehud Pozis and businessman Eli Dahan. Dahan has proposed a 100 million shekel investment in exchange for a 21% stake in the company.

While competitors like CrowdStrike and Palo Alto are enjoying a stock rally, Check Point continues to lag with a negative return of 31.5% year-to-date. Investors are looking for the changes led by CEO Nadav Zafrir to translate into growth in the coming quarters.

The Israel Tax Authority's voluntary disclosure procedure, offering criminal immunity for reporting undeclared assets, ends in late August. With only 877 million shekels declared so far, the response has fallen short of official expectations.

The 4.45 billion shekel acquisition of Shikun & Binui Energy by PowerGen has triggered regulatory scrutiny over market concentration. As electricity demand surges, the industry faces pressure to restructure ownership.

Provident and pension fund investors saw another negative month, with the exception of the S&P 500 track. While Tel Aviv outperformed Wall Street in July, calculation timing and the surging dollar shifted the results. Also: insights from a dramatic earnings season for tech giants.

Israel's diamond industry is in deep crisis due to plummeting demand in the East, market saturation, and the rise of lab-grown diamonds, forcing veteran traders to close their businesses.

After a difficult June, the bank index recovered strongly, and the two banks that suffered the biggest blow last month led the jumps. But in the background, a fundamental question hovers: how did two consecutive interest rate cuts, which are supposed to erode bank profits, not stop the celebration? And could the security tension change the picture?

After yields soared to a 20-year high, the fear of a massive fire sale of bonds by one of the world's most powerful countries threatens to shake the global economy.

An S&P report highlights that Israel functions as a 'super-economy' with AAA-level metrics, yet its rating remains at A due to government fiscal policy. Structural deficits and rising debt levels overshadow the business sector's strong performance.

Yoav Safar, an expert in insider trading analysis, explains why capital is leaving overheated sectors like AI and returning to the undervalued residential real estate sector, where insiders have begun active buying.

The Ministry of Finance is planning reforms to pension contributions and investment accounts. While officially aimed at increasing net pay, experts warn that the true motive may be to boost state tax revenues.

At 25, Leopold Aschenbrenner founded the $45 billion Situational Awareness hedge fund, but after an AI stock slump, he was forced to sell a significant portion of his portfolio to Ken Griffin's Citadel.

Bus operator Tnufa is set to be sold to Metropoline amid driver strikes and poor service ratings. Experts argue the situation reflects systemic flaws in the tender mechanism that prioritize low costs over quality.

They haven't done it since 2011, but now Japan and the US are forced to cooperate and inject tens of billions into the currency market to stop the extreme deterioration that threatens the markets.

The coming week on Wall Street will be marked by US employment data and the continuation of the second-quarter earnings season, with Israeli companies Tower, Nova, and Wix in the spotlight.

For the second time in a year, institutional investors have rejected Elco Medical's proposal to outsource US software distribution to the daughter of controlling shareholder Moshe Ben-Shaul.

Amid expectations of falling bank deposit rates, Tarya has launched an 18-month savings plan that maintains a fixed margin of 1% above the Bank of Israel's interest rate. Under current conditions, this translates to an average annual rate of approximately 4.5% and a cumulative return of about 6.75%.

The Bank of Israel released foreign exchange market data for the second quarter of 2026, highlighting the shekel's appreciation and shifting activity patterns among institutional investors and non-residents.

As part of regulatory efforts to boost competition, major Israeli banks have reduced their representation on the Masab board. New directors from fintech and digital banking sectors have been appointed.

Following Teva's mixed results, the market is focusing on forward-looking guidance rather than just current figures. This week, attention turns to reports from Tower, Nova, Bezeq, El Al, and Nice.

Dual listing allows a company's stock to be traded on two or more exchanges simultaneously. We explain how it works, what rights investors retain, and why this strategy benefits both businesses and shareholders.

The PUSH news project by Itzik Parzan and Moti Sharf's company Forever are parting ways. Globes has learned that Parzan is buying out Forever's 35% stake at a valuation of 10 million shekels. The transaction is based on the project's valuation at the time of the company's entry in late 2025, though current estimates suggest a higher value.

For decades, the Bedouin population in the Negev has been caught in a cycle where historical land disputes hinder infrastructure, education, and economic development, causing losses for the entire region.

The Capital Markets Authority has published a draft regulation imposing anti-money laundering and counter-terror financing requirements on Gemach institutions, aligning them with international FATF standards.

The last trading week on the Tel Aviv Stock Exchange saw sharp contrasts as Teva jumped 13.47%, while chip manufacturers Tower and Nova suffered significant losses amid market volatility.

Hailo and StreamElements, which raised a combined total of about half a billion dollars, were recently sold in fire sales. This reflects the collapse of the "growth at any cost" model in the Israeli high-tech sector.