Economy

Aug 24, 2026
12th Quarter of Double-Digit Growth at Terminal X; Net Profit Jumped by 90%
Business

12th Quarter of Double-Digit Growth at Terminal X; Net Profit Jumped by 90%

Terminal X reported its 12th consecutive quarter of double-digit growth, with net profit surging 90% to 13.7 million shekels. Total revenue for the second quarter of 2026 reached 161 million shekels, a 20.5% increase year-over-year.

10:55N12
The first and last day in an apartment are worth thousands of shekels
Personal Finance

The first and last day in an apartment are worth thousands of shekels

An entry video, three meter readings, and a signed handover document are what get a 19,500 shekel deposit back. The law gives the landlord only three grounds to touch the security deposit, and 60 days to return the balance.

10:50N12
How much does the state pay for each child and is it right for a large family to receive more?
Personal Finance

How much does the state pay for each child and is it right for a large family to receive more?

About 1.3 million families receive child benefits for approximately 3.2 million children, with the state depositing 58 shekels per month into each child's savings fund. While 28% of children in Israel live below the poverty line, studies indicate that reducing benefits has encouraged labor market participation while having a limited impact on birth rates.

10:47N12
Buying for 20 thousand shekels, paying another 4,300: how much does a credit deal really cost?
Personal Finance

Buying for 20 thousand shekels, paying another 4,300: how much does a credit deal really cost?

A credit deal looks like just another way to spread out a purchase, but in practice, it is an interest-bearing loan. At an average interest rate of about 13.2%, a purchase of 20,000 shekels can reach more than 24,300 shekels when spread over three years. The difference between "installments" and "credit" can be worth thousands of shekels.

10:27ICE
Mizrahi Tefahot Bank Records 56% Jump in Trading Volume
Markets

Mizrahi Tefahot Bank Records 56% Jump in Trading Volume

The bank is renewing its market-making agreement on the Tel Aviv Stock Exchange for another year following an unprecedented improvement in stock liquidity and trading volume, alongside increased interest from new investors.

10:27ICE
Rami Levy and Israir in a historic move: towards a revolution in flights to the USA
Business

Rami Levy and Israir in a historic move: towards a revolution in flights to the USA

Israir has completed all requirements and received flight permits to operate routes to North America, with ticket sales expected to open shortly.

10:27ICE
Toyota Shakes Up the Israeli Market: A Family Vehicle for 284,990 NIS
Business

Toyota Shakes Up the Israeli Market: A Family Vehicle for 284,990 NIS

Automotive giant Toyota is launching the Proace Verso in Israel for the first time — a spacious van in an 8 or 9-seat configuration designed for large families and organizations. The model is offered in two trim levels and will arrive in showrooms at the beginning of September.

10:26ICE
After a 93% surge: Senior CEO sells shares for 7.7 million shekels
Business

After a 93% surge: Senior CEO sells shares for 7.7 million shekels

Asa Lavinger, CEO of Energix, reduced his holdings in two transactions carried out on the same day. The sale occurs as the stock trades near its peak, raising questions about whether this reflects a lack of confidence or legitimate profit-taking.

10:25N12
An axe in a Ferrari and Israeli citizenship: The giant company whose managers are disappearing one after another
Crypto

An axe in a Ferrari and Israeli citizenship: The giant company whose managers are disappearing one after another

The largest crypto giant in Eastern and Central Europe has been experiencing dramatic upheavals in recent years. The legendary CEO, nicknamed the "Crypto King," was likely murdered, leaving many questions. The person who replaced him has also disappeared, and it is claimed that he fled to Israel.

10:15Globes
On the way to New York: Israir received final approval to operate flights to the USA
Business

On the way to New York: Israir received final approval to operate flights to the USA

Israir has completed the regulatory process required to operate regular flights to the USA. Ticket sales are expected to open soon, and it is possible that flights will begin even before the date planned for October. At the same time, Delta and United are preparing to return to Israel next month, and the market for flights to the USA is expected to grow significantly.

10:00Globes
Sandisk stock jumped 3,400% in a year, but that didn't prevent layoffs
Business

Sandisk stock jumped 3,400% in a year, but that didn't prevent layoffs

Memory chip manufacturer Sandisk has fired dozens of employees from its development center in Kfar Saba as it transfers key projects to India. The move has sparked resentment among staff, as it comes just months before the launch of an employee stock purchase program offering significant discounts.

09:56Globes
Terminal X boosts growth engines: revenue jumped by 20%, net profit nearly doubled
Business

Terminal X boosts growth engines: revenue jumped by 20%, net profit nearly doubled

Independent brands already account for 23% of revenue and show significantly higher profitability. The company continues to expand its acquisition portfolio.

09:50ICE
3-fold profit jump: Real estate and infrastructure giant crushes forecasts
Business

3-fold profit jump: Real estate and infrastructure giant crushes forecasts

While commodity prices are rising and construction companies are struggling, Shapir Engineering presents good data, including a jump in apartment sales. Revenue jumps to 1.68 billion shekels.

09:50ICE
Baladi breaks records: 50% profit jump and dividend distribution
Business

Baladi breaks records: 50% profit jump and dividend distribution

Israeli food manufacturer Baladi has reported record-breaking financial results for Q2 2026 and announced a 20 million shekel dividend distribution.

09:39Globes
Baladi's net profit jumped by 50% in the second quarter, despite minimal revenue growth
Business

Baladi's net profit jumped by 50% in the second quarter, despite minimal revenue growth

Alongside a revenue increase of only 0.4% to 357 million shekels, Baladi recorded a sharp improvement in profitability margins and continues to advance its new logistics center project. Furthermore, the company approved an additional dividend distribution of 20 million shekels, following two distributions of 10 million shekels each earlier this year.

09:22Globes
Tidhar: Unusual IPO expenses eroded profit, and by how much did the prices of sold apartments drop
Business

Tidhar: Unusual IPO expenses eroded profit, and by how much did the prices of sold apartments drop

The real estate developer, which completed its IPO in Tel Aviv less than three months ago, showed an increase in the volume of apartments sold, which translated into a 4% growth in revenue, but unusual IPO expenses led to a sharp drop in profit. A decrease of almost one million shekels in the average apartment price.

09:13Walla
Prenuptial Agreement in High-Tech: What Happens to Shares, Options, and the Startup Upon Separation?
Personal Finance

Prenuptial Agreement in High-Tech: What Happens to Shares, Options, and the Startup Upon Separation?

A startup can start from an idea and grow into an asset worth millions, but what happens if the couple separates along the way? Attorney Merav Aharon explains why entrepreneurs and high-tech employees should think ahead about shares, options, intellectual property, and the side that stays at home.

09:08ICE
Osher Ad slashes prices: products from just 9.90 NIS
Consumer

Osher Ad slashes prices: products from just 9.90 NIS

Massive sales at the "Osher Ad" chain offer basic consumer goods and a variety of home appliances with discounts of hundreds of shekels, drawing significant consumer interest.

09:08ICE
Harel Wiesel smiles: The company that doubled its profit to 14 million shekels
Business

Harel Wiesel smiles: The company that doubled its profit to 14 million shekels

The online arm of the Fox group, controlled by Harel Wiesel, recorded a record quarter - revenues of 161 million shekels, a 20% increase - and announced a dividend of 20 million shekels. What is the new growth engine whose profit jumped by 315% and which key index actually fell?

09:08ICE
Solana Accelerates Network Performance: Upgrade Ahead of Activity Surge
Crypto

Solana Accelerates Network Performance: Upgrade Ahead of Activity Surge

Are we on the verge of another wave of gains? In the shadow of events in the financial markets, this crypto network is shortening transaction processing time. Will the upgrade make the network significantly faster?

09:08ICE
Rotem Sela reveals: The new business venture born from a joke
Business

Rotem Sela reveals: The new business venture born from a joke

One of Israel's biggest stars is embarking on an independent path and launching a new brand under her full ownership, after the original idea came up during a casual lunch with a friend.

09:07ICE
From Receptionist to CEO of Fattal: The Price of Success on the Way to the Top
Business

From Receptionist to CEO of Fattal: The Price of Success on the Way to the Top

Avia Magen reveals her journey from a junior employee to managing Israel's largest hotel chain, and shares the personal sacrifices she made along the way.

Twistlock Founders' Startup Closes Down — Returns Remaining Capital to Investors
Business

Twistlock Founders' Startup Closes Down — Returns Remaining Capital to Investors

Twistlock founders Ben Bernstein, Dima Stopel, and John Morello are shutting down their venture, Minimus. The entrepreneurs have decided to return remaining funds to investors after failing to gain market traction.

08:44Globes
70% of value wiped out: Shein heads to Hong Kong Stock Exchange at $27 billion valuation
Business

70% of value wiped out: Shein heads to Hong Kong Stock Exchange at $27 billion valuation

The fashion giant is launching an IPO in Hong Kong at a valuation approximately 70% lower than its peak. The prospectus reveals a sharp slowdown in growth, a loss in the first quarter, rising costs, and a massive compensation for early investors.

Shein IPO in Hong Kong: Valuation cut by 75% from peak
Business

Shein IPO in Hong Kong: Valuation cut by 75% from peak

Fast fashion retailer Shein aims to raise up to $1.8 billion in its Hong Kong IPO. The company's valuation is set at $26–27 billion, nearly 75% lower than its 2022 peak.

08:25ICE
The Samsung paradox: Distributed $80 billion and crashed in trading
Markets

The Samsung paradox: Distributed $80 billion and crashed in trading

The technology giant presented the largest profit distribution plan in its history, but investors who expected more sent the stock into a sharp decline of more than 8% following the absence of one dramatic commitment.

08:25ICE
The chameleon that catches the eye: the coin recording a jump of more than 72,000%
Crypto

The chameleon that catches the eye: the coin recording a jump of more than 72,000%

A small coin recorded an unusual jump within a day. What is hidden behind the crazy number, who is behind the project, and is this a project with an interesting story or a bubble that will burst soon?

08:24ICE
Neta Alchimister and her husband in an unusual real estate deal: property value revealed
Real Estate

Neta Alchimister and her husband in an unusual real estate deal: property value revealed

The Israeli model and businesswoman are preparing for a major change in their lives. After a long wait, they are moving into a new, luxurious property designed with a Thai-inspired atmosphere.

08:24ICE
The crash of fashion giant Shein: company value plunged by 70%
Business

The crash of fashion giant Shein: company value plunged by 70%

Just before the dramatic IPO in Hong Kong, the online retail giant is forced to settle for an exceptionally low valuation and reports a shift to a quarterly loss of 99 million dollars.

08:24ICE
192% jump in profit for Israeli company: these are the deals that led to it
Business

192% jump in profit for Israeli company: these are the deals that led to it

The holding company concludes a dream half-year with a net profit of almost 180 million shekels, just after entering the leading indices and acquiring a well-known cellular network in Israel.

08:12Globes
Five things to know ahead of the stock market opening
Markets

Five things to know ahead of the stock market opening

The Tel Aviv Stock Exchange is expected to have a challenging opening this morning. Dual-listed chip stocks will weigh on the market. Earnings season: Navitas and Fox report today, insurance companies later this week. Morning in the world: declines in Asia, stability on Wall Street. Money is moving: the ETF signaling the great rotation on Wall Street. SanDisk among them: leading Wall Street...

07:59Globes
A rare event: Cyber startup closes, founders to return part of the money
Business

A rare event: Cyber startup closes, founders to return part of the money

Four years after raising $51 million in one of the largest seed rounds seen in Israel, the founders of Minimus (formerly Twistlock) decided to close the company and lay off its approximately 35 employees. After a change in strategy and unsuccessful attempts to find a buyer, the entrepreneurs took an unusual step: instead of continuing until the coffers were empty, they will return the...

07:44ICE
Tax Authority Clarifies Election Day Pay Rules for October 27
Personal Finance

Tax Authority Clarifies Election Day Pay Rules for October 27

Ahead of election day, the Tax Authority has published clear guidelines regarding tax deduction rates for temporary election workers, clarifying procedures for both adults and minors.

07:44ICE
Ahead of the market opening: The stocks that will weigh on the stock exchange today
Markets

Ahead of the market opening: The stocks that will weigh on the stock exchange today

Dual-listed stocks return with a negative gap, as chip stocks are expected to fall before the big event on Wednesday. The local reporting season is in the final stretch with Phoenix, Menora, Harel, and Partner. What is expected today?

07:05ICE
The interest rate decision is approaching: the drama behind the scenes at the Bank of Israel is revealed
Markets

The interest rate decision is approaching: the drama behind the scenes at the Bank of Israel is revealed

The Bank of Israel is preparing for a fateful decision in the shadow of surprising data from the labor market and inflation, as senior economists now estimate the real chance of a revolution in the interest rate in the coming days.

07:05ICE
Mizrahi Tefahot Bank: Interest Rate Forecast for Israel Worsens
Markets

Mizrahi Tefahot Bank: Interest Rate Forecast for Israel Worsens

The bank's chief strategist analyzes market turmoil and explains why rising energy prices and US policy decisions may prevent the Bank of Israel from cutting rates.

07:05ICE
National Insurance Institute with good news for benefit recipients: money will be transferred in just 3 days
Personal Finance

National Insurance Institute with good news for benefit recipients: money will be transferred in just 3 days

Due to the weekend, the National Insurance Institute is updating on the early payment of a series of benefits and grants for hundreds of thousands of eligible people in Israel. How much money will you receive in your bank account and when exactly?

07:02Ynet
Defective fuel disabled a new car: station to pay 26,000 shekels in compensation
Consumer

Defective fuel disabled a new car: station to pay 26,000 shekels in compensation

The Magistrate's Court in Netanya ruled that fuel that did not meet standards at a Paz gas station in Bat Yam, managed by the Rametop company, caused the breakdown of a five-month-old hybrid Toyota. The company will compensate the car owner and the insurance company AIG.

Opening the Jackson Hole week: Calm in the forex market, dollar above 2.98 shekels
Markets

Opening the Jackson Hole week: Calm in the forex market, dollar above 2.98 shekels

The foreign exchange market remains calm ahead of the Bank of Israel's interest rate decision and the Jackson Hole symposium. The dollar is trading above 2.98 shekels, while the euro is slightly below 3.49 shekels.

06:28ICE
Bought an apartment in Tel Aviv - and sold at a loss of one million shekels
Real Estate

Bought an apartment in Tel Aviv - and sold at a loss of one million shekels

A couple who bought an apartment on Dizengoff Street waited 4 years only to discover that the apartment's price had dropped significantly. On the other hand, those who held an apartment in Tel Aviv for a long period earned over 10% per year.

Back
Page 28 of 83
Next