Economy

Goren Family Office has long specialized in wealth management for high-net-worth clients. This acquisition marks a significant step in Phoenix Brokers' growth strategy within the sector.

The Israel Securities Authority has forced Israir to postpone a shareholders' meeting regarding a transaction with Rami Levy. The regulator deemed the deal material, requiring the disclosure of additional commercial data.

The local stock exchange saw a red trading day with declines across leading indices. Amid the downturn, largely driven by negative trends in global chip stocks, one company recorded an unusual double-digit surge that surprised investors.

The Generation fund is nearing the acquisition of Shikun & Binui Energy for 4.2 billion shekels, after the parties reached understandings on the compensation mechanism in case the deal is not completed. Now the parties are preparing to finalize the last agreements and have the merger examined by regulators, who are concerned about the concentration in the electricity production sector.

Beverage giant Coca-Cola reported strong quarterly results of 13.4 billion dollars and raised its annual forecast, as the CFO admitted that the controversial hydration breaks at the World Cup were profitable for the company.

Boeing recorded a loss 2.5 times larger than forecasts due to the "Air Force One" project, but one figure in the report signaled that the recovery is continuing - and investors are actually pleased.

In 2025, Israel's high-tech imports reached a record $19.8 billion, a 10.5% increase. This data highlights the economy's heavy reliance on a narrow cluster of high-tech giants.

Leasing firm Albar is strengthening its mortgage sector presence by acquiring an additional 12.75% stake in Credit 360. The deal values the company at 220 million shekels.

Israel Tax Authority head Shay Aharonovich revealed for the first time that massive deals by two Israeli tech companies generated between 20 and 30 billion shekels for the state budget, bolstering national economic stability.

The Machneyuda group is in preliminary negotiations with the investment arm of LVMH. The goal is to secure financial backing to support the expansion of its luxury restaurant portfolio abroad.

The Tax Authority announces that business owners who served more than 21 days are eligible for compensation for indirect damage for May-June 2026, with payments issued within 14 days of approval.

Following the Competition Authority's request to review correspondence regarding the replacement of Eitan Madmon, the Association of Banks has frozen the search process. The regulator's intervention was revealed yesterday.

From setting a goal to periodic rebalancing: the 4 steps to building a portfolio that suits your objectives and that you can stick with for the long term.

A storm in the American alcohol market: RNDC, long-standing second-largest wine and spirits distributor in the U.S., has officially filed for bankruptcy in a Texas court.

Easat Ashkelon has expanded its cooperation with a major American aviation giant in a deal worth approximately $58 million over two decades. Behind the figure lies a critical condition, and behind the company sits one of the most successful investment funds in Israel.

Clal Insurance has increased its stake in the Highway 6 northern section franchise to 24% after acquiring an 8% share from the Noy 2 fund for 165 million shekels. The company expects an annual return of 9% to 11%.

An Israeli employee earning 15,000 shekels a month may transfer, together with their employer, more than a million shekels to National Insurance and health insurance over 40 years of work. In Israel, payments are lower than in much of Western Europe, but the link between the payment amount and the old-age pension is weaker than in the USA and Germany.

The UAE has a significant advantage over other Gulf states — a port located outside the Strait of Hormuz. Now the Emiratis are planning to expand the port's infrastructure, without mentioning the Iranian threat.

The public enjoys banks’ entertaining campaigns, but is left with the mortgage and the interest on deposits. Will new reforms and the entry of competitors into the field lead to a turnaround? Globes brand index.

Recent tax law amendments provide exemptions for income generated from work and business within Israel up to specific annual ceilings. Additionally, purchase tax relief for immigrants buying a single apartment has been updated.

Concerns surrounding chip and AI stocks have led to sharp declines in Asian markets, with the Seoul stock exchange crashing by 11%. On Wall Street, Nvidia's stock weakness allowed Apple to reclaim the top spot in market capitalization.

The large gap between the SK Hynix stock traded in the US and the one traded in South Korea indicates an unhealthy investor enthusiasm.

The hedge fund in trust sector, managing approximately 6 billion shekels, faces regulatory uncertainty as its temporary authorization expires. The Knesset is set to vote on a permanent legal framework today, while the proposed metropolitan transport authorities reform remains stalled.

Amid the fallout from the BVI company scandals involving Simed and Cohen, American real estate firm Eagle Properties is entering the Israeli market with a 500 million shekel bond issuance. The company is implementing voluntary protective mechanisms, raising questions about why such measures are not mandatory regulatory requirements.

The Small and Medium Business Agency at the Ministry of Economy and Industry has opened a call for proposals for projects supporting small and medium-sized enterprises. The program offers a total of 9 million shekels, with up to 5 million shekels available per project.

A slight rise is recorded in the local foreign exchange market, with the dollar strengthening by 0.1% to 3.062 shekels. Investors are awaiting the Federal Reserve's interest rate decision, due tomorrow.

Avi Hasson, former head of the Israel Innovation Authority, proposes a 'Pay for Success' model for the public sector. He argues that the current incentive system focuses on processes rather than real impact.

Robert Kiyosaki, author of 'Rich Dad Poor Dad', is sounding the alarm again, warning of the bursting of the 'everything bubble' and an unprecedented retirement disaster: 'The greatest economic depression in history'.

Following the decline in chip stocks on the Tel Aviv Stock Exchange, the negative trend has continued in Asia. Investors are monitoring the plunge in Samsung and SK Hynix shares amid growing concerns over AI investments.

Four out of seven tech giants are expected to report this week, as markets wait to see if massive investments in artificial intelligence will continue to fuel profits or lead to a painful shake-up in stocks.

While global growth forecasts remain stable, geopolitical turmoil and a surge in AI investments are creating widening gaps between the US and the Eurozone. Here are the key factors set to influence investor strategy.

Major US banks are reporting strong quarterly data, but investors are questioning whether this represents a sustainable trend or a temporary peak. Swiss bank Lombard Odier provides an analysis.

Leading indices recorded gains over the past trading week, while the mutual fund market saw significant redemptions and government bonds faced downward pressure.

The KOSPI index on the Seoul Stock Exchange is plunging by 9.8%, Nikkei in Tokyo is falling by 4%, and Asian markets are seeing a sharp sell-off in AI-related chip stocks following a negative trend on Wall Street.

The American investment fund Affinity Partners, led by Jared Kushner, has sold 2.5% of Phoenix Finance shares to two international institutional investors for approximately 1 billion shekels. Following the transaction, the fund's stake in the company will decrease from 9.9% to 7.4%.

Declines in the chip sector are shaking markets: Nvidia fell 5% yesterday, losing the title of the world's most valuable company to Apple. With stock declines in Asia and a volatile week ahead on Wall Street, investors are bracing for tech earnings and Fed decisions.

Erez Koptsh, head of Israel stocks at the insurance company Hachshara, is sure that the capital market is missing the fact that the US is facing deflation and therefore its interest rate will fall. He suggests extending duration in bonds and provides a recommendation on three sectors that are trading at attractive valuations in Tel Aviv.

This month, Delek Group distributed to its shareholders, as a dividend in kind, the shares of its subsidiary (100%) Delek Yezum. The only asset of Delek Yezum is the right to receive overriding royalties from the revenues of NewMed Energy from the Leviathan reservoir.

The Phoenix investment house, through its KSM ETF brand, has launched a new fund tracking American software stocks. Despite the sector's decline due to AI-related fears, experts see this as a potential investment opportunity.

The chip giant recorded price declines and lost its lead in the global market cap table to Apple, which reached an all-time high against the backdrop of a report on huge risks of hundreds of billions of dollars.