Economy

Foreign investments in the local stock market dropped significantly over the past year, falling to 400 million NIS amid political uncertainty ahead of the October 27 elections.

Israir launches a new direct route to New York with a $1 million campaign, expanding its long-haul operations following the $85 million acquisition of Airbus A330 wide-body aircraft.

Global markets show cautious optimism as energy prices ease slightly. Wall Street indices display mixed trends while Asian markets perform unevenly, with Japan's Nikkei crossing historic milestones.

Israeli real estate developer A.S. Yigal Yazamot faces receivership as Bank Leumi and Mercantile Discount Bank seek to recover nearly half a billion shekels in unpaid debts.

Middle Eastern crude oil exports surpassed pre-war levels in late September, reaching up to 22.5 million barrels per day despite ongoing tanker attacks in the Strait of Hormuz.

Foreign real estate firms issuing bonds in Tel Aviv face major turbulence as Cohan Properties shifts ownership to creditor Netanel Lorenzi amid fund misuse, while Aya New York moves to refinance.

Local hedge funds saw third-quarter yields erode, erasing their earlier advantage over stock and bond indices. Equity funds averaged a 9% return over nine months, trailing the TA-125 index.

El Al shares surged 13% to a record 11.5 billion NIS following a security incident on a flydubai flight, boosting investor confidence amid rising demand for Israeli carrier flights.

Flydubai suspended flights to Israel after an Omani pilot security incident, highlighting potential vulnerabilities in the fast-growing airline's risk management and vetting processes.

Luxury car trader Buy & Drive has applied for a stay of proceedings over debts of 97 million shekels, highlighting the severe toll of high interest rates and the war on Israel's automotive sector.

As Wall Street approaches October—a month historically tied to major market crashes—analysts warn that rising bond yields and underlying stock market weaknesses could test investor resilience.

The Phoenix insurance company has officially become a substantial shareholder in the Avisror real estate firm after investing 160 million NIS for a 6.24% stake following the company's recent public offering.

The Israel Tax Authority has restricted access to its real estate database, requiring personal identification and financial details, sparking criticism from researchers and industry experts.

The Weber Spirit E-310 gas grill is spotted at Osher Ad for 1,999 shekels, offering a dramatic nearly 40% discount compared to specialized barbecue retail stores in Israel.

A strict new retail policy banning US employees from using restrooms outside of scheduled breaks and removing chairs has sparked viral outrage and renewed legal battles over workplace rights.

A new CFA Institute study by Roger G. Ibbotson analyzes a century of US stock and bond returns, revealing that 97% of long-term large-cap equity returns stem from reinvested dividends.

National Insurance Institute official Yrona Shalom discussed the rising deficit, surging compensation payments reaching 3.5 billion NIS, and lifetime stipends for terror victims and hostage survivors.

Swiss inflation rose to 1.0% in September due to energy costs, but core inflation remained at 0.3%. Julius Baer expects the SNB to hold interest rates at 0% until September 2027.

A lawsuit filed against David Engineers reveals that the prominent Israeli structural engineering firm charges millions of shekels per project, as former subcontractor Tamir Nahari sues for 8 million shekels in unpaid wages.

United Airlines is introducing Base, Standard, and Flexible fare tiers to domestic first class and regional business class, mirroring its unbundling strategy from economy to maximize revenue.

The Ministry of Energy opposes the Concentration Committee and supports allowing Shapir Engineering to acquire controlling stakes in the Ashdod Oil Refinery to ensure energy security and effective management.

BlackRock and Ondo Finance launched Ondo Intelligent Portfolios, offering three tokenized investment strategies managed by smart contracts on the blockchain.

OPEC+ kept its oil production unchanged for November amid regional disruptions, while Brent crude remained above 100 dollars despite a planned release of strategic reserves.

The Svirsky brothers petitioned the Tel Aviv District Court to annul a 55 million shekel arbitration award regarding an aborted Florentin real estate project, citing an undisclosed connection involving the arbitrator.

Two Los Angeles Jewish families acquired 11 apartments in Netanya's STORY Gali Yam project for about 40 million NIS, highlighting strong Diaspora real estate demand.

France's government submitted a 2027 budget featuring 54 billion euros in spending cuts, triggering nationwide high school closures and protests as public debt hits a record 119.3% of GDP.

Israir plans a 10 million dollar expansion of its BIRD Aviation maintenance center in Cyprus and advances New York flight sales, following a recent 13 percent stock surge.

The Capital Market Authority is promoting a major reform to replace HMO long-term care insurance with a personal savings model, facing opposition from the Ministry of Finance.

Rising global oil prices and expiring government subsidies threaten to push Israeli fuel prices to 9 NIS per liter. While Western fleets adopt strict cost-cutting measures and electric vehicles, Israeli consumers and corporate fleets remain heavily reliant on gasoline and plug-in hybrids.

Skydance and Warner Bros. Discovery are merging into a $110 billion entertainment giant named Skydance Corporation, led by David Ellison and Israeli co-CEO Ynon Kreiz.

US rate expectations shift as soft jobs data takes an October hike off the table. Meanwhile, Tel Aviv markets face geopolitical headwinds and high financing costs.

The National Insurance Institute resumes full branch operations and standard payment schedules across Israel following the conclusion of the Sukkot holiday period.

While major Wall Street indices hover near record highs driven by AI tech giants, beneath the surface over 40% of S&P 500 stocks sit in bear markets amid soaring US treasury yields.

September data from Jobnet and Civi AI shows a seasonal hiring slowdown in Israel due to the Tishrei holidays, while the use of artificial intelligence tools more than doubled.

Finance Minister Bezalel Smotrich reduced fuel prices by 50 agorot per liter to 7.77 NIS, bringing the total reduction to one shekel amid budget concerns.

A Rehovot court ordered Benefit to pay Victory 1.74 million NIS in a legal dispute, exposing massive supplier investments in retail store promotions and shelf-space dominance.

Marimon Natural Gas North connected the Western Galilee Hospital to the natural gas grid, becoming the sixth government hospital in Israel to transition and save costs.

Social media posts claiming massive 15% housing price drops often rely on inflated initial asking prices. An analysis of Modiin and Tel Aviv listings reveals that properties ultimately sell at standard market values.

The crypto market remains stable as Bitcoin trades around $85,270 and investors await monetary easing catalysts amidst high global interest rates and soaring stablecoin reserves.

Inav and Ashtrom Residential signed a 230 million shekel execution agreement with Solel Boneh to build the 34-story Park Tower urban renewal project in Ramat Gan.