Economy

The airline, which is traded at a value of approximately 9 billion shekels, is joining a dedicated program of the Tel Aviv Stock Exchange with the goal of attracting foreign investors and increasing trading volumes, with the move set to begin this week.

After bringing Barak Finance into its structure, the company is looking for partners and may bring in institutional investors. The board of directors determined that despite the negative cash flow, there are no liquidity problems. The company published its reports for the second quarter, which show that the company sold 32 apartments in the quarter, compared to 10 in the previous quarter.

For the first time, over 100 gigawatts of storage capacity were added to the global market in a single year. Amid resource scarcity and a shrinking pool of suppliers, project reliability is now paramount.

Despite the turmoil experienced by Issta's stock over the last half year, the company's reports for the second quarter of 2026 show strong results alongside a new record in equity.

The Rami Levy Stock chain and the Delhum Motors group are bringing back the consumer hit that drove the country crazy, but this time the move is limited in time and quantity and will take place in only one location.

The company's revenues in the first half of 2026 increased by 10%, driven by rental income from the Nimrodi Tower in Bnei Brak and the expansion of logistics parks in Europe. Net profit surged by 118% to 141 million shekels.

Sources in Israeli football and the Canadian business community claim that the owner of the 'yellows' is considering his future, but any potential sale will not be immediate: "It's not for nothing that he hasn't been coming to Israel for a long time."

The digital gift company is entering the world of customer clubs for the first time and is acquiring an advanced technological platform for managing employee benefits and welfare budgets, which will allow it to expand into new business areas.

The beloved fashion brand has returned to operations in an online-only format, but consumers were hit with a double shock following an unusual spike in prices and a surprising decision to block the site entirely during the Sabbath.

Warren Buffett, celebrating his birthday today, remains involved in investment decisions despite stepping down as CEO of Berkshire Hathaway earlier this year. Here is what has changed and how the market is responding.

In recent years, another issue has entered the picture when examining a merger deal: who holds the customer data. A prominent example is the merger between Sugat and the data provider StoreNext, which fell through due to concerns that access to the information would harm competition. Tobi Harris, head of the Markets Department at the Competition Authority, explains in an interview with Globes why...

Despite a significant jump in revenue, the tech stock reacted with sharp declines in the latest reports. Experts reveal the investors' big fear and the new risk hovering over the AI market.

Following Donald Trump's announcement, the figures behind the deal are revealed: 19 dollars from every barrel will flow into the local treasury. Interim President Delcy Rodriguez clarified: "The sovereignty remains with us."

Shapir Engineering has declined its option to purchase a 4.99% stake in the Ashdod Oil Refinery from Paz. The decision follows regulatory hurdles and the company's failure to meet conditions regarding the sale of its natural gas distribution licenses.

After conquering the digital arena and achieving success in Europe, the knitted bag brand Boujee is entering the physical space with its first pop-up store at Ofer HaKanyon HaGadol in Petah Tikva with an investment of about 100,000 shekels.

British firm Rockhopper Exploration, a partner in the Sea Lion project, is preparing for a Tel Aviv Stock Exchange listing. The company raised $200 million, with 40% of its shares already held by Israeli investors.

The Arieli Group, the controlling shareholder of Elron, has breached loan covenants related to its acquisition of the company from Phoenix Investment House. Consequently, Phoenix has begun seeking buyers for the pledged shares.

The Israeli Ministry of Transport is considering stripping the bus company Tnufa of its routes and revoking its operating license due to persistent service failures and a shortage of buses.

Biomedical company BioXcel has filed for bankruptcy protection. Pharma giant Teva is serving as the stalking horse bidder in the auction, on the way to a potential acquisition of revolutionary AI-based drugs.

The fashion chain has decided to halt its website's commercial activity during the Sabbath, honoring the values of brand ambassador and singer Odia Azulay, who observes the tradition.

The ranking of Israel's wealthiest has been published, bringing real drama to the top tier. Miriam Adelson takes a hard hit, losing about 3% of her personal wealth, while Idan Ofer earns over 100 million dollars. Eyal Ofer maintains the top spot despite losses, and what happened to the Federman family's money?

A warning letter including a request for approval of a class action, alongside a derivative lawsuit already filed in court, landed on the company's desk, claiming that the figures used to price the merger with Ciphia Vision were inflated and that the allocation ratio was skewed to the detriment of veteran shareholders. The development comes just days after the designated CFO refused to take the...

Ahead of the US Open, Forbes released its 2026 earnings ranking: Jannik Sinner leads with $58 million, while Serena Williams' comeback places her in the top three. For the first time in history, women make up the majority of the top ten.

China's CXMT is suing the US Department of Defense, demanding to be removed from the list of companies that the US believes are assisting the Chinese military. The company claims it produces chips for civilian and commercial use only. The significance of the US list: it could lead to restrictions and damage the company's reputation.

After years of absence from the local market, the home appliance giant, through Miniline, is bringing back the American brand with a new series of refrigerators adapted for the Israeli kitchen. The new series includes four-door models, zero-clearance models, and bottom-freezer models, with volumes of up to 812 liters.

The NBA expansion process is gaining momentum, and according to The Athletic, Las Vegas may receive a team before Seattle. The league is targeting an entry fee of 7–10 billion dollars.

The company reported strong results for the first half of 2026, with revenue reaching 705.8 million shekels and a positive operating cash flow of 43.7 million shekels.

The chip giant beat all forecasts and raised its full-year outlook, but Wall Street investors reacted in a way that surprised the market. What happened during after-hours trading?

In the second quarter, Camtek saw net profit growth driven by financial income despite an erosion in operating margins. CEO Yaakov Herschman highlighted concerns regarding the impact of the US-China trade war on the company's client base.

Pluri has entered into a securities purchase agreement with a healthcare-focused institutional investor. Under the deal, the investor will acquire 2,228,940 ordinary shares at a price of $1.50 per share.

OpenAI, the developer of the popular chatbot ChatGPT, has begun displaying ads to users in India, one of its largest and most active markets. The ads will be shown to users on the free plan and the low-cost "Go" plan, which costs about 4 dollars a month. The move, already active in 38 countries including the USA, Japan, and European nations, is intended to increase the company's revenue ahead of...

Four years after stepping down, Ofer Greenberger has returned as CEO of the Israeli division of Applied Materials, a company described by the New York Times as one of the "most important in the world." With revenue forecasts exceeding $10 billion, Greenberger highlights the pride of local production in Rehovot.

Israeli holding and investment company Mivtach Shamir has released its financial results for the second quarter of 2026, showing an increase in equity alongside significant losses in the technology and international real estate sectors.

Since the beginning of the year, Aura has sold 436 apartment units, and this month another 284 purchase requests were signed as part of the "Hever" campaign. Owner and CEO Yaakov Atarchi: "I think it is attractive to take a mortgage now, and in a weak market, you can get a better price."

Yanai will remain with 40% of the shares, while Gili Raanan, Miki Malka, and Alan Howard will each hold 20%. The move is intended to create a broader ownership structure and bring fans back to the stands. Ongoing management will pass to Chairman Stav Shaham.

While you were relaxing, Israeli high-tech was running on turbo. With half a billion dollars in funding, one huge exit, and several under-the-radar surprises, the sleepy summer month became the most active in recent years.

Former Bank Leumi CEO Rakefet Russak-Aminoach has been appointed to the board of directors of the American cyber company Rubrik. She joins a group of global technology and investment industry leaders.

Payment company Stripe and investment fund Advent International have decided to withdraw from the planned acquisition of PayPal. Following the news, PayPal shares fell by 15% in pre-market trading in New York.

Rami Levy's drone company presents reports with a question mark, an Osher Ad product is blocked for use in the country, Yitzhak Tshuva with 3 acquisitions in 4 days, Harel Wiesel brings in about 2 billion shekels, Akirov's profit fell by 70%, Nvidia brings in 96 billion dollars, and Egged is on the way to the stock exchange | News of the week on ice

The real estate market slowdown is bypassing the leading urban renewal company. Aura sold 385 apartments in five days during the 'Hever' campaign, with revenue crossing the 1 billion shekel threshold for the first half of the year.