Economy

The bank's chief strategist, Yoni Fanning, analyzes the impact of political reports on the exchange rate, identifies sectors suffering from a labor shortage, and warns of economic consequences.

Since the beginning of the year, 20 companies have raised 7.7 billion shekels through IPOs. Despite the success of the defense sector, nine out of 19 stocks currently trade below their IPO price amid market caution.

The El Al customer club has become a highly profitable asset for the airline, with margins comparable to the high-tech sector. In the first half of the year, the club's profit jumped 22% to $38 million. The transition of the Fly Card credit card operation to Isracard is expected to drive further business growth.

Trustees of the collapsed summer camp company Cimed have reached agreements to sell its assets, potentially allowing for full debt repayment to Israeli investors. Funds like Clearmark and Brosh, which purchased bonds after the collapse, expect significant returns from the realization of hidden value.

The veteran video company, which lost 86% after its IPO, surged sharply following the launch of an AI product and reports that beat expectations. Will the acquisitions it made and its entry into the world of visual avatars breathe life into it against giants like Synthesia and Nvidia, or is this premature enthusiasm?

An unprecedented wave of departure has been recorded among California's wealthy, who are abandoning the state following extreme tax policies and preparing for a vote on a new wealth tax. Many of them are turning to New Zealand, where they are purchasing "golden visas" that allow them to live, work, and study in the country in exchange for an investment of millions of dollars, reports the Financial...

Benjamin Netanyahu seeks to increase the defense budget for the next 13 years without identifying funding sources. Experts warn that this strategy increases debt and risks, undermining Israel's fiscal credibility.

Did you immigrate to Israel in recent years? The Tax Authority reminds you of the benefits that can reduce your tax liability in your first years in the country, alongside tax exemptions on certain income from abroad. And what has changed for those who immigrated in 2026?

A massive wave of global wealth growth highlights the economic powers dominating the market. The USA remains at the top, while other nations showcase distinct models of capital accumulation.

The entrepreneur and social activist launches a frontal attack against the Tax Authority's new VAT reform, claiming that the new digital mechanism will not stop criminals but will specifically harm law-abiding businesses.

Tomorrow, Monday will report under heavy pressure as the stock has plummeted about 37% this year, the company fired 20% of its staff and approved a generous compensation package for the CEOs. This week, the US Consumer Price Index will also be released, which may decide if the Fed will raise interest rates.

The Capital Markets Authority has introduced new requirements for P2P companies, mandating automated reporting. The regulation aims to protect lenders and increase transparency in the sector.

The Banking Supervision Department at the Bank of Israel has proposed extending the automatic payment routing service for customers switching banks by three years. The measure aims to ensure financial continuity.

Mega Or's signed contracts for its data center assets are generating an annual net operating income (NOI) of 740 million shekels, marking an 89% increase over the company's total 2025 asset NOI.

Rustic Bakery has released its first financial reports since its IPO. The company reported a 31.6% increase in net profit to 23.5 million shekels, with total sales rising 3% to 194.5 million shekels.

The Electricity Authority signals that institutional entities will receive more lenient treatment regarding concentration issues in the electricity sector, even when they hold a series of production and storage assets. Electricity Authority: "There is no impediment to approving the allocation of rights to the Phoenix group based on considerations of economy-wide concentration."

Uncertainty surrounding the Strait of Hormuz continues to loom over the markets. Wall Street rose to a new high after the employment report dramatically lowered expectations for an interest rate hike. All eyes will be on the consumer price indices in the US and Israel. The reporting season in Tel Aviv is heating up with reports from four of the five largest banks. And also: the strategist who...

Hapoalim, Leumi, Discount and Beinleumi are reporting this week, alongside Elbit, Strauss, Cellcom and Isracard. What is the market looking for, and why is it important to you even if you haven't bought a single share directly?

Inflation, large deficits, and growing financing needs are pushing governments to raise debt at higher interest rates. In this situation, even government bonds can fall sharply - and sometimes bonds of strong companies offer a better alternative.

On Friday, Globes revealed that Benjamin Netanyahu is demanding to open the state budget and increase the defense budget by 400 billion shekels over 13 years. In his first response, Bank of Israel Governor Amir Yaron warns of a rise in the debt-to-GDP ratio and says: 'I was not involved'

Mercantile Bank, a subsidiary of Discount Bank, published its second-quarter reports with a profit of 205 million shekels and a return on equity that eroded to 12.8%. The board of directors approved a dividend of 50% of the profit — what does this mean for Discount, which is currently examining the possibility of merging Mercantile into it?

The Israeli government has approved the transfer of approximately one billion shekels to the defense budget. The funding includes 850 million shekels originally allocated as a grant to Intel for its Kiryat Gat plant expansion.

The annual report on insolvency proceedings points to a slight decrease in active insolvency proceedings for individuals and corporations, and a slight increase in individual and creditor requests for the opening of proceedings. The report also highlights data on the age of debtors.

A mostly green week on the Tel Aviv Stock Exchange, with two major developments: the fourth-largest bank on the exchange entered the list of the ten largest companies, replacing a chip manufacturer that reported its results. Meanwhile, the largest company on the exchange jumped nearly 9% and is approaching a market value of one trillion shekels.

A sharp decline in boat sales and mounting debt have led the well-known Florida-based FB Marine Group to file for bankruptcy. The retailer, whose vessels have featured in international ad campaigns, reports debts of $2.6 million.

The shares of Israel's largest credit card company have lost about a third of their value since the beginning of 2026 and are trading below the price at which Yitzhak Tshuva's Delek Group acquired control. This week, the company is publishing its second-quarter reports. What is putting pressure on the stock, how are the Bank of Israel's interest rate cuts affecting it, and how much are Tshuva and...

A court in South Korea upheld an 18-month prison sentence for a former SK Hynix employee convicted of leaking trade secrets in the chip sector to a Chinese company.

American restaurateur Nick Pihakis has filed for personal bankruptcy, involving assets worth $10.6 million against massive debts. Dozens of restaurants owned by his group have already closed, and the future of the brands remains unclear.

The US labor market saw a surprise job loss in July, easing concerns over interest rate hikes and driving a 5% weekly gain for the Nasdaq. In Tel Aviv, the focus shifts to earnings reports from major banks, alongside companies like Camtek, Elbit, and Strauss.

Alongside profit data and massive investments by SpaceX, a new report reveals the weakening of employment data in the US alongside interventions in foreign exchange trading that directly affected the American currency. The weighted growth rate of S&P 500 company profits climbed to 47.4% - the strongest trajectory since 2021.

The Yakobi brothers, controlling shareholders of the Yakobi YSB group, are insisting on an upgrade to their compensation terms, but Adi Zim, a 16.5% shareholder, continues to block the move. Consequently, the executives are currently not receiving a salary.

The battle for the biomed company Evogene is intensifying as Leon Recanati increases his stake to 6.5% with a $400,000 investment. Investors Kfir Zilberman and Ron Yair Peled, holding 16.7%, are pushing for a board overhaul.

Energy company Enlight is in advanced negotiations to acquire a European energy developer, primarily focused on the German market, in a deal valued at hundreds of millions of euros.

The closure of Israeli airspace during combat operations exposed the economy's vulnerability in air cargo capacity. Cargo volumes plummeted, and the lack of a government emergency plan leaves the country dependent on private sector initiatives.

Discussions regarding the $4.2 billion sale of Zim to Germany's Hapag-Lloyd and the FIMI fund are gaining momentum, with current estimates suggesting the deal will not be approved.

American businessman Morris Wilner has purchased over 200,000 shares of Hachsharat HaYishuv for approximately 8.27 million shekels. In total, he has invested over 138 million shekels in the company within a short period, bringing his stake to 8.71%.

Residents and business owners in northern Israel are grappling with the aftermath of the ongoing conflict. A decline in domestic tourism, labor shortages, and delays in state compensation are pushing businesses to the brink of survival.

History shows that after elections, the Tel Aviv Stock Exchange tends to rise, but political instability could change the picture. How important is the identity of the coalition, or is the capital market thirsting primarily for certainty? Experts map out the scenarios ahead of the trip to the polls and identify sectors that may profit. And also: why political opinions are a "recipe for losing...

The nine players at the World Series of Poker final table collectively won $30.25 million. However, more than $12.2 million of that is expected to be paid out to tax authorities.

A well-known businessman close to the White House is now required to liquidate his businesses in a leading oil producer, following a dramatic decision by the U.S. Office of Foreign Assets Control.