Economy

A check by the Madlan website reveals that the Neve Sha'anan neighborhood in Haifa is the most sought-after for rent this summer, followed by Nachlaot in Jerusalem and central Herzliya. What are the reasons that the 'City on the Carmel' is ranked high in the top ten, and where are the neighborhoods in Tel Aviv?

Israeli tech firm IVIX, which combats financial crime for governments, has announced a 10% workforce reduction alongside a strategic pivot toward new AI-driven investigative tools.

The familiar flavors of Yotvata arrive in a new version: Strauss has launched a series of soy-based chocolate drinks and iced coffee. The products carry a 'parve' kashrut certification, making them suitable for those who strictly separate meat and dairy.

A group of developers is launching the "Metropol District" project within the "Metropol Ashdod" complex, spanning approximately 15 dunams with an estimated investment of 950 million shekels. The project will feature a mix of employment, commercial, hotel, and residential spaces.

American company Proofpoint is in advanced talks to acquire the Israeli cyber firm Varonis. Following the report, Varonis's market capitalization on Wall Street jumped by 10%.

The Israeli high-tech sector has seen a surge in investment, with WonderFul, Upwind, and Lyte raising a combined total of one billion dollars in a single day, signaling a robust recovery.

The Movement for Quality Government has demanded an explanation from the Standards Institution regarding the delay in updating the SI 118 concrete standard. Estimates suggest this delay could cause up to 500 million shekels in budgetary damage to the Metro project.

Both paths are designed to deal with obligations that cannot be paid as scheduled. A lawyer explains when it is worth reaching an arrangement and when an insolvency proceeding might be more appropriate.

August data reveals a significant trend in the capital market as investors redeemed approximately 1 billion shekels from Israeli stocks, opting instead to move large sums into foreign assets and money market funds.

The Rami Levy Hashikma Marketing chain is updating customers on operating hour adjustments for this coming Saturday night, September 5, 2026. Most branches will open one hour after the end of Shabbat, with the exception of six locations that will remain closed.

The founder of INX, with over 25 years of experience in the capital market, has been chosen to lead the board of directors following the completion of IBI Investment House's acquisition of control. Zvi Ziv is stepping down.

Following a two-week hiatus, National Insurance Institute branches will resume in-person public reception nationwide starting tomorrow. Additionally, the institution has announced early benefit payments for September to accommodate the upcoming holidays.

Noble Supply & Logistics, a leading supplier to the US government, has filed for bankruptcy protection. The company faced severe difficulties after a major Department of Defense contract was abruptly shortened, leaving it with $100 million in stranded inventory.

Geektime Insider presents a list of current job openings in leading Israeli high-tech companies. If you are planning a career move or looking for a new position, check out the opportunities at Connecteam, Arpeely, DriveNets, and Applied Materials.

After gas prices in Israel soared to an all-time historical high, the Ministry of Finance is attempting to approve an emergency measure to lower gasoline costs, but the Budget Department and the Tax Authority are strongly opposing the move.

A US court has rejected the Department of Justice's demand for Google to divest its advertising business. The company will retain control of its AdX exchange, subject only to operational adjustments.

The Chief Economist's report reveals unprecedented record data on foreign investment in Israel, which recorded a 78% jump precisely at a time when OECD countries are seeing a completely opposite and particularly worrying trend for the rest of the world.

The luxury villa of Eyal Berkovic and his ex-wife Tali in the Denya neighborhood of Haifa is still looking for a buyer – and the asking price has dropped. What awaits the person who purchases the property?

The CEO and owner of the Victory chain has announced a holiday promotion: a package of sliced goose liver is available for a discounted price of 129 shekels. What are the purchase conditions and savings? | All the details

A Natam report for the first half of the year points to a change in the demand map for offices: software and gaming companies are reducing space, while defense-tech, cyber, and defense industry companies are becoming the growth engine. In Tel Aviv, occupancy in prime towers is approaching 99% and rent is climbing; but outside of it, there has been a decrease in occupancy and prices.

The Japanese currency is strengthening sharply as statements from the Bank of Japan and American support increase market bets on a shift in monetary policy.

The legal advisor to the Ministry of Finance has appealed to the Attorney General's office to approve a reduction in the excise tax on gasoline until October 31, 2026, after fuel prices surged to a record 8.25 shekels. The request is submitted during an election period, in which the government acts as a transitional government obligated to exercise restraint in the exercise of its powers.

Teva reported positive results in a clinical trial for the treatment of celiac disease. The trial met its primary endpoint, demonstrating that the TEV-408 antibody prevents intestinal damage.

A red trend and broad weakness were recorded today among the leading digital currencies, as Bitcoin and Ethereum lose ground and only stablecoins manage to provide a relative anchor for investors.

The three old Reading fuel tanks will be preserved and converted into a public complex that will combine culture, creativity, leisure, and sports. The plan includes the development of open spaces and the restoration of the Yarkon River banks, with the goal of connecting the sea, the Yarkon, and the city.

A new ETF launched on NASDAQ gives investors in the US exposure to 120 leading companies on the Tel Aviv Stock Exchange, from banks to defense and technology companies, and what this means for those companies.

The National Labor Court has overturned a 100,000 shekel compensation award for a cyber company employee, ruling that a manager's personal conversation regarding his sexual orientation does not amount to sexual harassment.

Phoenix, Migdal, and WeSure have won the Ministry of Finance tender for insuring private vehicles of state employees, retirees, and career soldiers in the IDF for 2027. Over 70,000 vehicles are expected to be covered.

Following the appointment of Suleiman Maswada as correspondent in the United States, veteran journalist Neria Kraus is parting ways with the news company. After exploring alternative roles, a decision was made to conclude her tenure.

The "Rami Levy Shivuk Hashikma" chain has launched the "Bumpy Ride" motorized bumper car for children at a special price of 299.90 NIS. The model features parental remote control, LED lighting, and music playback capabilities.

The company reports success in a clinical trial for a drug that blocks an inflammatory protein. The treatment is intended for two different conditions and is expected to advance to later development stages soon.

New inflation data in the eurozone may lead to a historic change in the Central Bank's policy. Here is how the emerging move will affect Israeli investors and the local currency exchange rate.

Uber is cutting 3,300 jobs, approximately 10% of its global workforce, to streamline management layers. The move aims to reallocate resources toward ride-sharing, delivery, and autonomous taxi divisions.

Saving 2,000 shekels on rent adds up to 24,000 shekels a year, but an extra 20 minutes each way can turn into about 15 hours a month per person and add about 300 shekels just for gas. Hybrid work can change the calculation, but when there are children, the distance to schools and daycare also enters the equation.

The American company Lyte, which develops technology for robotics and physical AI, has raised up to $165 million. The funding round was led by investor Avigdor Willenz, who will serve as the company's Chairman of the Board.

A major deal in the local cyber market as Cyera acquires the Israeli company Oasis Security, founded by veterans of Unit 81, which develops a platform for securing non-human identities and AI agents in organizations.

A comparative analysis by a Psagot-Sigma expert reveals significant differences in sales pace and pricing among projects in the prestigious Sde Dov district.

Shay Aharonovich warns that the compensation fund is about to run out, and revealed that the Tax Authority is examining a series of dramatic moves, including imposing property tax, taxing advanced study funds (karanot hishtalmut), and a mandatory reporting requirement on rent that alone would bring in about 1.5 billion shekels a year.

The Israel Securities Authority has launched a criminal investigation into Cimed Holdings Limited at the request of US authorities. The company is suspected of misappropriating tens of millions of dollars.

Israeli startup Wonderful, developer of an operating system for enterprise AI, has raised $550 million in a Series C round. The company's valuation has reached $5 billion.