Economy

Almogim Holdings reported strong sales for the first half of 2026, selling 111 apartments. The majority of these transactions were supported by financing incentives, including contractor loans. The average apartment price stood at 2.65 million NIS.

The comfort footwear chain is launching a massive sale on a variety of leading international brands. Which popular models are available starting from 160 NIS and until when is the offer valid?

The Papa John's pizza chain and food giant Osem Nestle are collaborating for the first time, offering a unique taste experience both on retail snack shelves and within the chain's restaurant menu.

The Paz Group finished the second quarter with a net profit of 158 million shekels, a 14% increase compared to the same period last year. The company also announced a dividend distribution of 130 million shekels.

Cybersecurity firm PenTera announced a new round of layoffs affecting 60 employees. This follows a previous reduction of 40 staff members in April, bringing the total headcount reduction to 20%.

The Capital Market Authority has imposed financial sanctions totaling approximately 10.5 million shekels on Ne'emanut Insurance Agency for violations in the pension sector. The agency misled clients and encouraged them to make illegal early withdrawals of pension savings.

The Paz Group has suspended the option to purchase Bitcoin via the Yellow app in partnership with Bits of Gold. The move follows a cyber incident involving software provider Meta Base.

Following the attack on UAE oil tankers and the deadlock in talks between Washington and Tehran, there has been a sharp drop in cargo ship traffic in the strategic strait. Tracking data indicates a significant decline in the number of ships passing through the critical trade route, through which about a fifth of the world's oil and gas traffic passes.

Following the announcement of Oren Dobronsky's placement on the Likud list, many warned that he would be liable for a huge sum. What is the reason for this, and who else is exposed to this payment? Globes' "Whistle" presents: The monitor explains concepts.

Afcon Holdings continues to expand its footprint in the energy sector after winning a government tender to build a substation worth approximately 36 million shekels.

The largest investment house in Israel concluded a record quarter with a net profit for shareholders of 142 million shekels and net inflows of more than 14 billion shekels. The stock has risen by 42.5% in the last year - but where is all this money coming from, and what does it mean for your pension savings?

Insurance company Migdal presented a 5% growth in core profit, but the interest rate cut eroded the total profit, which stood at approximately 575 million shekels at the end of the quarter. The long-term savings sector continued to enjoy growth.

Despite the ongoing impact of the Iron Swords war, the fuel and retail giant has delivered strong second-quarter 2026 results, advancing toward the strategic goals set by CEO Nir Stern.

Sharp recovery and expansion in tourism activity: Max moved from a loss to a net profit of 80 million shekels in the second quarter. The credit card company's revenues climbed to 621 million shekels, and the consumer credit portfolio grew by 13.7%. CEO Sagit Dotan stated that the SKYMAX aviation card has crossed the 100,000 customer threshold.

Mimun Yashir's profits jumped more than 4-fold in the quarter, driven by strong performance in mortgage and auto finance. Competitor Nawi, holding about 10% of the shares, is reporting a paper profit of approximately 40 million shekels.

Arad Group reports record half-year results with revenue of nearly $223 million, as strong local demand and US customs refunds boosted the company's bottom line.

Mizrahi Tefahot Bank concluded the second quarter of 2026 with a net profit of 1.43 billion shekels, a 2% decrease compared to the same period last year. The return on equity stood at 16%.

Hilan Group reports strong second-quarter 2026 results with double-digit growth, announcing a significant dividend distribution alongside the completion of the Log-On acquisition.

Core profits broke a record, return on equity jumped above the target, and CSM from new business doubled - so why did the total profit barely rise? The quarter behind Migdal's big numbers.

Japan's economy expanded by 1.1% in the second quarter, missing the 2% growth forecast. The slowdown was driven by weak private consumption, which declined for the first time in eight quarters.

Trading in Tel Aviv will open against the backdrop of escalating security tensions in the north and south. Dual-listed stocks return with a mixed gap: Tower and Teva will provide support, Camtek and Nice will weigh down. Why are oil prices not soaring despite the blockade in the Strait of Hormuz? The AI effect: huge infrastructure spending is creating inflationary pressure in the US. And also: on...

The refund campaign is now underway, allowing passengers who paid for periodic subscriptions to receive compensation for days when public transport was limited. Refunds can be claimed until December 31, 2026.

The price war between Israel's food giants is escalating with significant discounts in the produce department, as one of the most sought-after items is being sold at a bargain price at a specific Osher Ad branch.

The local reporting season is entering the final stretch, with Mizrahi Tefahot closing the bank cycle. Against a backdrop of moderate inflation, forecasts for the coming months are worrying, and all eyes are on Nvidia next week.

Julius Baer analysts report that the leveraged buyout (LBO) sector is experiencing a significant surge, with 2026 potentially reaching unprecedented levels driven by direct financing. Meanwhile, global oil inventories remain stable, leading experts to forecast a decline in oil prices.

In three days, child allowances will be transferred to the bank accounts of eligible parents to help cover upbringing expenses. These are the full conditions for receiving the money and how to immediately increase the children's savings.

In June 2026, investors purchased 1,392 apartments—a 64% jump year-on-year, though this is skewed by the low baseline during the war with Iran. Meanwhile, the investor share of the market remains stable, and net balances remain negative.

Globes presents a first update on the state of global markets. This morning, there is cautious optimism at the start of the trading week against the backdrop of mixed futures on Wall Street and gains on Asian stock exchanges. Japan's growth data missed forecasts. Oil prices remain relatively stable despite uncertainty in the Strait of Hormuz. The 'Hindenburg Omen' raises concerns about a market...

September 1st is approaching: while in the past almost only stationery and office supply chains enjoyed the growing market, in recent years stock chains have entered the picture, already holding 35% of the activity. How does all this affect prices?

The publicly traded company Aviv Bniya has sold only 4 apartments since the beginning of the year, highlighting the ongoing challenges in the construction sector. These low figures reflect the continued slowdown in the real estate market.

Tzomet Sfarim CEO Avi Shomer has announced a new screening policy for books, prioritizing those not funded by their authors. This move has sparked a debate regarding literary quality and transparency in the publishing industry.

The long-term care insurance sector is set for a period of relative calm following Clalit's agreement with Ayalon. However, experts warn that this is a temporary fix that fails to address the industry's fundamental structural issues.

The pet food market is worth billions, premium brands are sold through various channels, and in Israel the same bag can cost tens of percent more from store to store. An investigation reveals where the price gaps are created and why we almost never compare prices here.

Israel is in urgent need of an additional airport as Ben Gurion Airport reaches its capacity. Despite 17 years of planning, the government remains undecided on the location, funding model, and operator for the facility.

Kibbutz Yizre'el is seeking a 300 million shekel investment to rescue pool cleaning robot manufacturer Maytronics. The FIMI fund is currently in negotiations to acquire a controlling stake.

Despite negative returns in July following sell-offs in semiconductor stocks, the performance of local entities since the beginning of the year remains strong. Foreign currency exposure pushed Yelin Lapidot and Altshuler Shaham to the top in July. Clal and Harel are at the bottom. The forecast: "Volatility is high, and the ping-pong will continue."

Shaul Meridor, former head of the Budget Department and currently a candidate on the Yasar list, is showing great activity on the web. Between the lychee orchard in the Galilee and the toiletries department at the supermarket, he pulls out quite a few figures. Meridor is not always accurate, but at least he brings important economic issues to the discourse.

The Capital Market Authority is working to eliminate temporary life insurance discounts, requiring companies to maintain initial terms throughout the policy's duration. The regulator warns that customers lured by low entry prices often become trapped due to age or health issues, eventually facing premium hikes of hundreds of percent.

The unified investment account reform promoted by the Ministry of Finance is expected to include retail investors who trade securities independently. The implication: the possibility of tax deferral and even a full exemption from capital gains tax under certain conditions, subject to a deposit ceiling of 200,000 shekels.

According to a report in the Wall Street Journal, Stripe and the investment fund Advent offered $60.50 per share for PayPal in July, based on a valuation of $53 billion, but were rejected. The parties are now discussing a higher price, and a deal could turn Stripe into one of the world's largest payment giants.