Economy

Shufersal is launching a promotion on fruits and vegetables and offering a variety of popular products from leading brands for ten shekels. Alongside this, the chain is introducing significant discounts on perfumes and cosmetic products.

The Swiss bank Julius Baer estimates that the exclusive dominance of tech giants is nearing its end, and points to new opportunities in Europe and Asia towards the end of 2026.

Yields in the USA have crossed a worrying threshold and offer a low-risk alternative. At the Poriya investment house, they analyze the impact of geopolitical tension and identify the point at which it is worth selling dollars.

Banking and insurance led a positive turnaround in Tel Aviv after indices fell by up to 1.5%. Matrix boosted the software sector, and Aran surged following the deal with Dedi Barnea's Ondas. In the background, high oil prices and yields are weighing on the world. What to expect today?

Globes presents an update on global markets. This morning, declines in Asia led by chip stocks. Futures in New York are stable, with the Fed minutes to be published this evening. In Tel Aviv, chip stocks will weigh on the opening; a record volume of shorts on the Nasdaq, while company executives are buying at a pace not seen in 15 years.

The local foreign exchange market remains calm following the shekel's recent retreat. Bank of Israel Governor Amir Yaron stated that an interest rate cut at the September 1 meeting is not guaranteed.

Bank of Israel Governor Professor Amir Yaron told Bloomberg that rising uncertainty makes a September interest rate cut uncertain. While praising strong growth data, the Governor emphasized the need for caution.

From Achziv to Givat Olga, the northern coastline is filling up with new projects and urban renewal. We checked how much an apartment by the sea costs, what you get for the money, and where prices start at 1.9 million shekels and climb to over 5 million.

Roi Cohen, President of the Chamber of Independent Businesses (LAHAV): "This is an action that tramples on businesses in Israel and will plunge many into a liquidity crisis." He appealed to the Minister of Finance and the Director of the Tax Authority to stop the reform immediately.

Amit Gal, head of the Capital Market Authority, has questioned the involvement of the Meitav investment house in the company Orion. This move has sparked a debate over the limits of institutional activism and the balance between protecting savers and market structure.

Retail chain Yohananof is planning to spin off its real estate assets into a separate subsidiary. This strategic move aims to create business focus and prepare for a future IPO, ultimately maximizing the group's asset value.

In the documentary series "Money of Their Own" on Kan 11, successful Israeli entrepreneurs and executives discuss the barriers they faced on their path to the top.

Since the beginning of the month, the shekel has strengthened against the dollar by 3%, trading again below 3 shekels. Experts attribute this trend not to the weakness of the US dollar, but to the fundamental forces of the Israeli economy.

Psagot, which manages 47,000 independent trading accounts, reveals the preferences of the private traders operating through it. They love the S&P 500 and TA-125 indices, technology stocks, banks, and Bitcoin funds. What other investments do they prefer in Israel and abroad?

US 30-year government bond yields have surged to 5.3%, offering a safe alternative to stocks. Experts analyze why this growth may signal a market storm and how it will impact Israeli borrowers.

Recently published CBS data heralded a certain increase in housing prices and sales after two difficult years in the industry. Real estate stocks on the stock exchange have been taking a hit in recent months, and the sector index has been cut by almost a third from its last peak. Is this an opportunity, or will prices continue to fall?

A stormy trading day on Wall Street ended with sharp declines, with the semiconductor sector taking the hardest hit. Markets are under pressure due to rising bond yields, oil prices, and geopolitical tensions.

Mor Investment House reported revenues of 610.1 million shekels, a 27% increase year-on-year. Net profit attributable to the parent company reached 88.2 million shekels, with management announcing a 40 million shekel dividend distribution.

Chinese company "Sea Legend" has launched a weekly container service through the Arctic Ocean. The route shortens shipping times between China and the UK, bypassing the troubled Bab el-Mandeb Strait.

The deficit in the National Insurance Institute already stands at billions of shekels, and forecasts indicate that the institution may face a shortage of resources as early as 2029. Economic commentator Matan Hodorov warns: "If we do nothing, in the end, none of us will enjoy social security." So what steps are on the table, and who might have to pay more?

Psagot economists analyze the unusual growth in the second quarter of the year, explain what caused the jump in private consumption, and warn about the dramatic decision expected in the US regarding the interest rate level.

The server farm provider, operating from Alon Towers, leases facilities and space to cloud giants and has become a market leader. The stock has surged, but Michael Burry claims that accounting calculations make it look too good.

Volatility in the world's largest currency has dropped to one of the lowest levels in history, and the American investment firm warns that this very quiet is a harbinger of a sharp move. What is the direction - up or down?

The National Public Transport Authority is launching a crackdown on the use of contract drivers. Operators will face fines of 10,000 shekels for every trip performed by drivers not directly employed by the company.

The beauty chain Glam42 is launching Sephora products in Israel under a temporary sales agreement. A Channel 12 News investigation reveals price gaps of up to 33% compared to international markets.

Rotem Sela shared an Instagram story featuring a view of the Tel Aviv coastline, tagging developer Ido Hajaj with the caption: "Soon there will be an apartment here." Sela and her husband, Ariel Rotter, previously purchased a multi-million shekel unit in the Hajaj Group's INFINITY TOWER project.

Mega Or has hired former Noga CEO Sami Turgeman as a consultant, while the Electricity Authority has halted the distribution of licenses for data centers and is re-examining the criteria. At the center of the uncertainty: the company's request for a 1-gigawatt connection at the Alliance complex in Hadera.

A change in Mekorot's compensation mechanism is escalating tensions between the Water Authority, Mekorot, and the Government Companies Authority. The Government Companies Authority and Mekorot argue that the change will weaken the company's financial position, while the Water Authority claims it improves cash flow.

The Government Companies Authority publishes data on the fees of external legal advisors. The report reveals that the government bodies with the highest expenses are the Israel Electric Corporation, NTA, and Mekorot, highlighting a high degree of market concentration.

Electra has won the tender for the construction and operation of the fast lane on Highway 5. The project is estimated at 2 billion shekels and is expected to be operational by 2031.

The Tel Aviv Stock Exchange ended the session with gains in its two main indices. The TA-35 index rose by 0.04% to 4,176.34 points, while the TA-125 index climbed 0.36% to 4,040.87 points.

Electra has won the tender for the Highway 5 project, which includes a 25 km two-way fast lane and a transport hub with 3,200 parking spaces. The project is expected to be operational by 2031.

Many self-employed individuals and business owners face financial confusion between home and business expenses. A new platform offers a comprehensive management and clearing solution, with unique adaptation for the Haredi public and a significant two-year fee waiver.

Pasternak Shoham is preparing for an IPO and reveals the salaries of its senior executives. Kérastase opens its first pop-up in Israel with Sydney Sweeney, and Office Depot returns to Eilat. Google, Teva, JDC, and the Clear Sky organization will distribute an innovation award to non-profits in the field of mental health.

The shopping center group Big closed the first half of 2026 with revenue of 1.37 billion shekels, while net profit fell by about 9% compared to last year. Rental fees in Ashdod grew significantly in the second quarter, and the fire in Petah Tikva, according to the company, will not affect the 2029 opening schedule.

Azorim Living, which moved from a heavy loss of millions of shekels to a net profit of tens of millions, reveals its second-quarter 2026 data and reports an occupancy rate of nearly 100% across its properties.

The non-bank credit company Michlal Mimun reports a strong second quarter of 2026 with a net profit of 17.5 million shekels and outlines plans to expand its support portfolio by hundreds of millions of shekels.

The second quarter of 2025 marked the first full quarter in which Big Shopping Centers benefited from the Glilot complex. Net operating income (NOI) from Israeli assets jumped by 25%.

Chinese retail giant AliExpress is launching a major PR initiative in Israel. The company has tapped Debi Communications to spearhead its local strategy, starting with service upgrades including a reduced free shipping threshold of 139 shekels.

Dreams come true: Yonatan Ben-Shabat was severely wounded during the fighting in Gaza and today moves in a wheelchair, but this week he celebrated the opening of the new branch of his jewelry brand at Azrieli.