Economy

The Ministry of Communications has approved the transfer of control over cellular provider Hot Mobile from Altice to a group led by Delek Retail and the Keystone fund. The deal is valued at 1.8 billion shekels.

The chip giant is deepening its ties with its Taiwanese partner through a dramatic financial move aimed at controlling the artificial intelligence market and holding back major competitors in the industry.

Meet "Ya Lily," an internet star with hundreds of thousands of followers on Instagram and Facebook, promoting products for the Chinese retail giant Temu. She is considered the company's leading content creator in Europe, but a new study by an independent organization reveals that she likely does not exist in reality. Lily is just the tip of the iceberg of an entire industry of fake accounts that...

Insurance company Harel has filed a 6.4 million shekel lawsuit against logistics firm DSV. Due to a warehouse employee's error, a shipment of high-value medicine requiring 2–8°C storage was left in improper conditions for seven days and subsequently destroyed.

Shimi Tavori is launching a traditional culinary venture that will go live on September 9, with his wife managing the business that will combine nostalgia with artificial intelligence.

Brigadier General (res.) Gabi Shahor has been appointed Chairman of the Board of the technology company Massivit. He will lead a strategic initiative to deepen the company's penetration into the defense and aviation sectors both in Israel and globally.

Lanir Group plans to raise 176 million shekels despite reporting losses and an equity deficit. Proceeds from the offering will be used, among other things, to repay loans provided by 22 private individuals.

Following a severe drought and a dramatic cut of about 90 million cubic meters in national water allocations, the Water Authority Council unanimously approved an emergency measure to supply additional fresh water to farmers. The Director of the Water Authority stated: "A delicate balance that provides oxygen and a safety net for farmers at this time."

Maof Group is acquiring a 50% stake in home medical services provider Sharan at a valuation of 110 million shekels. This deal marks Maof's entry into the healthcare market.

The agreement between Astral and the companies leasing the Aria Hotel in Eilat did not explicitly cancel the rent exemption during renovations. However, the court prioritized the concept of an "absolute obligation," ruling that business logic and the parties' intent override specific contract wording.

Enlight has signed a 12-year agreement to purchase green electricity from Rapac Energy. The total consideration for the deal is estimated to reach approximately 495 million shekels.

Shein has completed its initial public offering on the Hong Kong Stock Exchange at a valuation of approximately $26 billion, after raising $1.7 billion. This is significantly lower than the 2022 valuation.

The technology company TurboGen, which developed a micro-turbine for local electricity and heat production, is becoming a dual-listed company and will also trade in the US. What is behind the move, who owns it today, and where is the gap between the story and the numbers?

Startup Entitle sold its intellectual property to its parent company BeyondTrust for 124 million shekels. The company is expected to pay approximately 29 million shekels in taxes on the transfer.

G City reached 91% in the tender offer for Citycon shares. The company intends to initiate a squeeze-out of remaining shares and delist Citycon from the Helsinki Stock Exchange. Chaim Katzman announced plans to sell non-core assets and continue deleveraging.

The second-quarter financial reports of the Luzon Group reveal phenomenal growth and a significant increase in net profit, driven by a strategic move within the company's energy division.

After nearly 25 years, the beloved meat institution on Yefet Street is closing its doors for the last time today. The owners shared an emotional farewell, citing a severe labor shortage, declining revenue, and accumulated fatigue as the primary reasons.

Bituach Yashir CEO Kobi Haber has notified the company's board of directors of his intention to step down in the coming months. Bituach Yashir is Israel's largest company in the field of motor property insurance.

Orna Zamir, wife of Lt. Gen. Eyal Zamir, serves as an independent director at the food company Tomer Mazon, while the IDF is one of the company's largest clients. Trading in the stock was halted earlier this month due to accounting irregularities. The IDF Spokesperson's Unit stated that the Chief of Staff has no involvement in the company's affairs.

Following the success of their joint delicatessen, media personality Corinne Gideon and her husband Hili Sorotskin are entering a new field, launching a lab-grown diamond jewelry brand.

The military simulation systems company controlled by the Mizrahi family concluded the first half of the year with a sharp jump in profits and cash flow, but is currently trading at a valuation of about 2.6 billion shekels, lower than the valuation at the IPO just a few months ago.

A massive US government contract has turned into a legal battle between two leading blockchain analysis firms. US Immigration and Customs Enforcement (ICE) faces allegations of awarding the contract without a fair tender process.

No Bull Mattress has filed for creditor protection due to a sharp drop in revenue, inflation, and competition from online brands. An analysis of the debts and market figures behind the industry crisis.

Squishy toys have become one of the most prominent trends in the US market in 2026. Sales of these soft, flexible products reached approximately $297 million through June, marking a fourfold increase compared to the same period last year.

SAP has appointed Michal Romi as the new CEO of SAP Labs Israel. She will take office on September 1, succeeding Orna Kleinmann, who is moving to a senior global leadership role within the company.

The Canyon HaZahav mall in Rishon LeZion is launching a new 12,000-square-meter floor, as the Fox Group significantly expands its presence and introduces new brands to the complex.

Israel Railways concludes the second quarter of 2026 with a 9% revenue increase to 984.6 million shekels, while net profit dropped by 68% to 18.6 million shekels due to rising operational costs.

Direct Insurance CEO Kobi Haber has informed the board of his intention to resign in the coming months. During his eight-year tenure, he led a strategic shift toward portfolio optimization and expansion into health and long-term savings.

Hagag Europe is entering the server farm development sector. The land acquisition deal in Romania is valued at up to 67.5 million euros.

After three and a half years as a senior advisor to the CEO of the Israel Public Broadcasting Corporation, Orly Cohen returns to Reshet 13 to strengthen the channel's strategic management.

Maron Greenberg, a shareholder of Ram-On Investments, has defined Eldav's entry into the board as a destabilization attempt. The parties are in dispute over the company's development strategy and methods for unlocking value.

Alltrade Recycling summarizes a dream half-year as a public company with a massive jump in net profit and over 120 million shekels in the coffers, which will be used to establish new production lines and factories.

The founder of Mellanox warns of the consequences of the current government's policies and reveals: "If the government is not replaced, I will regret leaving the company in the country."

After eight years of successful leadership and record financial performance, Bituach Yashir CEO Kobi Haver has announced his intention to step down in the coming months.

While Keshet 12 continues to dominate unchallenged, Reshet 13 faces a drop in performance. The channel's flagship program, The Voice, fell to third place in the daily ratings with 8.8% and 237,000 viewers.

The "Maafe Neeman" chain has inaugurated its 69th branch nationwide, backed by an investment of over 2 million shekels. The CEO promises a new culinary experience and special promotions throughout the coming month.

The well-known chef and pastry chef filed a lawsuit for hundreds of thousands of shekels against the patisserie bearing his name, following the company's refusal to fund a particularly prestigious benefit promised to him in his personal contract.

The company is divesting its residential complex in Texas after more than seven years of ownership. The outlook for investors is disappointing: the annual yield is minimal, and the accounting loss will be recorded in the third-quarter reports.

A viral video of an influencer struggling to open a pickle jar became the best advertisement "Hot Girl Pickles" could have asked for. Behind the colorful brand that is conquering Gen Z with bold branding and self-irony are two college graduates who decided to bet on a pickle — and it paid off: their company is currently valued at millions of dollars.

The holding company Allied is in advanced negotiations to acquire control of Tzamal Medical from its founder, Yehoshua Katz. The deal values the company at approximately 300 million shekels.