Economy

The Michpal Technologies group is expanding into fintech and digital payments by acquiring a 70% stake in Interspace Tranzila, a leading provider of credit card processing and cloud infrastructure services.

Fattal and Israel Canada Hotels have leveraged the financial distress of the German Revo Hospitality Group to expand their European footprint. The companies are acquiring rights to 15 hotels in Germany and the Netherlands for approximately 40 million euros.

Israeli agritech company CropX is acquiring startup SCIO, which developed food quality testing technology. The deal is not considered a successful exit, as the acquisition price is estimated to be lower than the 64 million dollars the company raised.

The nursing and care company shows stagnation in operating profit, alongside a decline in the stock since the IPO. It reports the acquisition of a company in the home care sector for 72 million shekels, expects recent acquisitions to add 190 million shekels to revenue, and aims to expand into care for the homeless and autistic: "This is a division that will bring us to large turnovers."

Tiv Taam is preparing for the possibility that it will be required to leave its existing branch at the Star Center in 2029, and has purchased land in Ashdod for 40.8 million shekels to establish a new branch. The move comes against the backdrop of an eviction lawsuit filed by the property owners that ended in a compromise, and concerns regarding religion and kashrut issues. At the same time, the...

During a challenging time for Israel's inbound tourism industry, Guy Kelner has been appointed as the new CEO of the Chamber of Inbound Tourism Organizers, succeeding Yossi Fatal, who held the position for 11 years.

A shareholder of Tomer Mazon has filed a 2.5 million shekel lawsuit, alleging bad faith during the merger and the concealment of inventory issues, which led to the suspension of the company's shares.

The Ministry of Finance has published an international tender for the construction of an unprecedented desalination plant in Emek Hefer that will provide about 40% of annual water consumption and will affect relations with the neighboring country.

The Turkish Competition Authority has opened an investigation into the pharmaceutical company Teva on suspicion of taking steps to limit competition in the generic drug market, including through the strategic use of patent procedures and the presentation of allegedly misleading information to health authorities. The company stated: "This is a process concerning the Copaxone drug from the past, and...

The company's revenue grew by approximately 10% to 210 million shekels, while retail activity drove improved profitability. A decrease in milk prices and the weakening of the euro contributed to cost reductions alongside continued expansion into new areas.

Partner's revenue fell by 1.5% to 790 million shekels, but operating profit and EBITDA continued to grow. The company crossed the one million 5G subscriber mark for the first time, alongside an increase in internet and television subscribers. The company is awaiting a court ruling on its request to distribute a special dividend.

Ashtrom Group reported second-quarter losses driven by high financing costs. The company detailed sales figures for major projects and outlined its forecast for a residential market rebound in 2027.

Bank Hapoalim is providing a tailwind to Kiryat Shmona with a significant donation for the restoration of the city's "beating heart," the establishment of the new "Mona" complex, and the "Live Thursday at the Square" event series, which will support local businesses and encourage the return of residents.

The company backed by Jackie Ben-Zaken, Barak Abramov, and Tzahi Abu has received preliminary approval from the NASDAQ exchange for a dual listing in the US. But the road to trading is still paved with several conditions and a very close deadline. What exactly is missing, and how much of the dream is already priced into the stock currently trading in Tel Aviv?

YouTube creator Jimmy Donaldson, known as "MrBeast", holds a fortune of $2.6 billion but recently claimed he lacks liquid cash. Donaldson explained that his capital is tied up in his $5 billion company, forcing him to borrow money for daily expenses.

The US banking system is launching an unprecedented technological project to counter the rise of cryptocurrencies, aiming to establish a bank-owned nationwide blockchain network by 2027.

After five years in the position and 13 years in the Maccabi group, Toni Cohen is leaving the network of clinics that serves about one million patients annually. Who is the new CEO stepping into her shoes?

The "Para" group is parting ways with the popular "Gita" restaurant due to the security situation, municipal bureaucracy, and neglect in the Levinsky Market. Despite the pain, the group is expanding operating hours at its other restaurants and promoting new projects.

AirEngi Chairman of the Board, Major General (res.) Iftach Ron-Tal, and CEO Tal Raz have jointly purchased 28,285 shares of the company. The move follows the publication of H1 2026 financial reports, which showed a significant strengthening of the company's equity and balance sheet.

A document from the Noga company, recently published on the government website, reveals 100 requests to connect server farms across the country, involving real estate and retail giants. In the background: the surge in the use of artificial intelligence and cloud services, which creates unprecedented demand for electricity and puts the power grid to a dramatic test.

Partner reports an increase in financial results for the second quarter: revenues rose by 2.6% to 790 million shekels, and net profit grew by 16.7% to 84 million shekels.

The Shai-Chai Group, a prominent participant in Israel Land Authority tenders, is planning an IPO within the next six months. Yesterday, the company won a major tender for 258 housing units in Ness Ziona.

Samsung Israel and Terminal X are launching a joint initiative integrating foldable Galaxy devices into the fashion and beauty industry. The project culminates in an event held today in Tel Aviv.

The telecommunications company managed by Avi Gabay closed a strong quarter with growth in all profit lines and the highest mobile subscriber recruitment in the industry - but at the same time is trying to distribute half a billion shekels to shareholders not from its profits, a move its bondholders have already voted against. What does this mean for the company's financial resilience, and how...

The company recorded a decrease in apartment sales in the second quarter of the year, but an increase in sales on a semi-annual basis. At Ashtrom, they admit that "there is a decrease in sales, but interest rate cuts will increase sales, including in high-demand areas." How many apartments did it manage to sell in the last 3 months?

The businessman continues to increase his hold on the market: he is acquiring the contracting company Reshit Bniya and will cover its debts. The CEO will continue, but Levy will be able to purchase the remaining 20% from him at the end of 7 years.

The cheese manufacturer concluded the quarter with a 9.9% revenue increase, consolidated Meshek Weiler for the first time, and approved a 30 million shekel dividend. However, the entire sector is suffering from cooling investor appetite.

The Capital Market Authority has imposed a 10.5 million shekel fine on Neeman Insurance Agency for serious violations regarding pension fund withdrawals. The regulator clarified that the sanctions apply to the agency, not directly to its CEO, Naor Neeman.

Insurance giant Harel reported a 30% increase in second-quarter profit, totaling 1 billion shekels. Growth was fueled by investment gains and a 68% surge in asset management and credit operations. The company is shifting to a quarterly dividend distribution policy.

The well-known supermarket chain summarized the second quarter of 2026 with revenues of 555.8 million shekels, presenting a plan to expand branches and launch advanced automation systems.

Harel Insurance ended the second quarter with a total profit of 1.02 billion shekels, a 30% increase compared to the same period last year. Following these strong results, the company announced a dividend distribution of 400 million shekels.

Following the high-profile wedding with Omer Adam, the spotlight is on the capital and assets of the Isralovich family in Italy and Israel. How much is the family real estate and finance group worth, and how is the crypto sector involved?

Meta is discussing a potential settlement in a major lawsuit filed by 29 US states alleging the company designed its platforms to be addictive to teens. According to Meta's own analysis, the total fines could reach $1.4 trillion.

An agreement for the sale of land in the south, alongside an improvement in income-generating assets, boosted the company's net profit by 30% in the first half of the year, while its cash reserves swelled to hundreds of millions of shekels.

While real estate companies suffer from financing costs that weigh on them and erode entrepreneurial profit, the company took a loan of 22 million shekels at a prime plus 5% interest rate. At the same time, the company claims that thousands registered for a tender in which it marketed 400 apartments.

Despite growth in the industry, a wave of collapses is hitting sleep retailers in the US. Now, the low-cost chain No Bull Mattress is joining Chapter 11 proceedings after accumulating debts of about $2.8 million.

In recent months, the Competition Authority has increased proactive inspections against official importers as part of a struggle to reduce harm to parallel imports. The move is based on an amendment to the law that came into effect about three years ago. At this stage, in the absence of data, it is unclear whether the enforcement is actually affecting price reductions.

After his salary terms were updated, and the chairman of I.H. Damri will earn up to 8 million shekels per year, he continues to increase his stake in the company. What is the reason for this move and what is his percentage of holdings today?

Despite a slight decrease in revenue in the first half of the year, the company shows a dramatic improvement in profitability indicators and reports exceptionally high liquidity of tens of millions of shekels in cash.

The Target chain stopped selling the "Circus Clown" costume after social media users criticized it, claiming it resembles racist caricatures. Target stated: "We are deeply sorry. The costume is offensive and should not have been sold at all."