Economy
BladeRanger Subsidiary Envoy to Merge into CID HoldCo at $65M Valuation
BladeRanger signed a binding MOU to merge its subsidiary Envoy Technologies into CID HoldCo at a $65 million valuation, marking Shmulik Yanai's third exit in two years.
UK Inflation Rises to 3.1% in August Amid Global Energy Pressures
UK annual inflation rose to 3.1% in August, driven by surging fuel and energy prices, moving further from the central bank's target ahead of its rate decision.
Fact-Check: Bennett's Claims on Sectoral Fiscal Transfers Verified
A fact-check confirms Naftali Bennett's claim that non-haredi Jewish families pay 6,000 NIS more in taxes than they receive, while haredi families receive 4,000 NIS more than they pay.
Strauss Launches 'HaHumsiya shel Ahla' Bringing Restaurant-Style Hummus to Retail
Strauss Group's Ahla brand launches 'HaHumsiya shel Ahla', bringing authentic restaurant-style hummus to supermarket shelves with a new recipe and distinctive packaging design.
Bezeq Wins Major Ministry of Finance Tender for Government Communications
Bezeq secured the Accountant General's major tender at Israel's Ministry of Finance, capturing 70% of government data communication services for up to 10 years.
Israel's Long-Term Rental Housing Market Faces Severe Supply Shortages
Israel's long-term rental housing market struggles with low supply, high demand in central areas like Tel Aviv, and rising rents, despite new projects in Sde Dov and Lod.
Nekudat Teva Health Food Chain Shuts All Stores with 14 Million Shekels in Debt
The Nekudat Teva health food chain in Israel has closed all nine stores and filed for a stay of proceedings with 14 million shekels in debt, citing the prolonged reserve duty of its co-owner in Gaza and economic pressures.
Knesset Election Day 2026: Employee Rights, Paid Leave and Compensation Rules
As Israel approaches the October 27 Knesset elections, employment experts clarify worker rights, mandatory day-off regulations, and compensation rules for election day.
Fortissimo Capital Files Rare Lawsuit Against Businessman Ronen Elad
Fortissimo Capital has filed a lawsuit in the Tel Aviv District Court to cancel a 10.5 million shekel stock deal with businessman Ronen Elad, citing fundamental contract breaches.
Former Leumi Executive Tzachi Artzi Set to Outearn Bank CEO at Nawi Group
Former Bank Leumi senior executive Tzachi Artzi is set to receive a 4.6 million shekel annual compensation package at Nawi Group, surpassing the CEO of Bank Leumi.
Shaul Kobrinsky Resigns as Migdal Investment Committee Chairman
Shaul Kobrinsky resigned as Migdal Insurance investment committee chairman following Capital Market Authority rulings against holding concurrent roles at Strauss Group.
Afcon Holdings Secures 100 Million NIS Additional Works for Railways
Afcon Holdings has secured an additional 100 million shekels in railway substation works from Israel Railways, bringing its total project scope to 560 million NIS.
Ministry of Justice Legal Aid Opens Over 154,000 Cases in 2025 Amid War Support
The Ministry of Justice Legal Aid report for 2025 reveals 154,552 cases opened, including thousands for Iron Swords war victims, vulnerable groups, and financial protection.
Israeli Watermelon Seeds Face Sharp Decline Amid Shifting Consumer Habits
Israeli watermelon seeds face a sharp decline as young consumers prefer imported Chinese sunflower seeds, forcing northern farmers to dramatically cut cultivation.
Chinese Automakers FAW and GAC Plan State-Backed Merger Amid Declining Sales
Chinese automakers FAW and GAC are pursuing state-backed consolidation amid falling sales and profits, a move that could reshape automotive markets, including Israel.
Donald Trump's Net Worth Surges to Record $7 Billion on Crypto and Real Estate
US President Donald Trump's net worth surged to a record $7 billion, boosted by digital currency projects, real estate, and global licensing deals since his 2024 election victory.
Court Voids 4.8 Million Shekel Arnona Hike Imposed on Nursery by Kiryat Ata
Haifa District Court canceled a 4.85 million shekel arnona tax bill issued to a nursery by Kiryat Ata, ruling the 250% rate hike discriminatory and custom-tailored.
Historic Pittsburgh Penn Brewery Acquired by Investors After Bankruptcy
Pittsburgh's historic Penn Brewery has been acquired by a new investor group after filing for bankruptcy in March 2026, saving the 40-year-old institution from liquidation.
Unique Tech Portfolio Firm Motive Raises $1.3B, Postpones IPO
Unique Tech announced that its portfolio company Motive Technologies raised $1.3 billion from General Catalyst, postponing its IPO. Motive's ARR has surpassed $600 million.
Israel's Supermarkets Go Digital: The Quiet Revolution of Electronic Shelf Labels
Israeli supermarket chains are rapidly adopting electronic shelf labels (ESLs) using E-ink technology to automate pricing, reduce labor costs, and display real-time promotions across stores.
Mortgage Costs Surged Six Times Faster Than Official CPI in 2023, Taub Center Study Shows
A new Taub Center study reveals that actual mortgage financing costs in Israel surged 52% in 2023, outstripping official inflation data that relies on theoretical rent calculations.
Israeli Holiday Travel Boom: Debunking August Myths and Price Algorithms
Israeli tourism trends shift toward the Tishrei holidays, but data shows August can be cheaper. Travelers face algorithmic pricing and rising costs.
Ben Gurion Airport Arcade Projected to Generate 24 Million NIS Annually
An administrative petition revealed that Babylon's upcoming gaming arcade at Ben Gurion Airport's Terminal 3 is projected to generate 24 million NIS annually, with passengers paying 132 NIS for 20 minutes.
Israel Advances Plans to Convert 27,000 Office Spaces Into Housing
Israel's special planning committee is advancing plans for at least 27,000 residential apartments by converting unused office spaces, tackling commercial surpluses and housing demands.
State Housing Discount Programs Cost Israel NIS 40 Billion Since 2022
State housing discount programs have cost Israel nearly NIS 40 billion in lost land revenue and subsidies since 2022, according to Ministry of Finance data.
Julius Baer Review Highlights Global Monetary Shifts and Fed Rate Outlook
A Julius Baer review analyzes global monetary shifts, focusing on anticipated U.S. Federal Reserve rate hikes and the Bank of Japan's ongoing policy changes.
Global Inflation Surges as Israel Deficit Narrows: Discount Bank Review
Discount Bank economic head Einat Meir analyzes global and Israeli markets, highlighting rising U.S. inflation, European rate hikes, and narrowing Israeli fiscal deficits.
Markets Brace for Fed Rate Decision; Wells Fargo Cuts S&P 500 Year-End Target
Global markets await critical central bank rate decisions as US Treasury yields hover near multi-year highs and oil prices fluctuate. Meanwhile, Wells Fargo cuts its year-end S&P 500 target.
UBS Report: AI Capital Spending to Hit $1.2 Trillion Despite Slowdown Calls
A new UBS report analyzes global market trends, including artificial intelligence investment forecasts reaching $1.2 trillion by 2027, alongside rising U.S. Treasury yields crossing the 5% threshold.
Ayalon Insurance Shareholder Threatens Legal Action Over Altshuler Shaham Deal
Ayalon Insurance shareholder Gad Lieberman filed a pre-lawsuit warning over the controversial Altshuler Shaham acquisition by controlling shareholder Wissur GlobalTech, citing severe conflicts of interest.
Victory Supermarkets Launch Aggressive Produce Price Cuts Across Israel
Victory supermarket chain intensifies competition in Israel's retail market by bringing back its Tuesday produce promotions, offering staple vegetables like tomatoes and cabbage for 1 NIS per kilogram.
US 10-Year Treasury Yields Cross 5% for First Time Since 2007 Amid Inflation Fears
US 10-year Treasury yields have surpassed 5% for the first time since 2007, driven by inflation fears, massive debt issuance, and surging oil prices above $100 per barrel, signaling a prolonged era of expensive global capital.
Israel Housing Equity Requirements Reach 1.38 Million NIS Amid Deep Gaps
A new Alrov Institute index shows the average equity required for a 4-room apartment in Israel reached 1.38 million NIS, highlighting massive regional gaps from Beersheba to Tel Aviv.
Israel Building Permits Up 11.5% in 2025, But Completions Drop
Israel's Planning Administration report for 2025 shows an 11.5% rise in building permits to 84,429 units, while completion certificates dropped by 10% to 42,696 apartments.
October 7 Victims Face Urgent Deadline to Claim Pension Disability Benefits
Three years after October 7, the strict deadline for victims to claim disability pensions from private funds is about to expire, highlighting a major information gap.
Community Hedge Fund Exits Substantial Stake in Bazan After 190% Surge
Community hedge fund, led by Jeremy Blank, sold 100 million shekels worth of Bazan shares, exiting its substantial shareholder status after a 190% surge in stock value driven by soaring refining margins.
Top Eight Real Estate Firms Capture Major Share of Israeli Contractor Cash Flow
Recent data from the Israeli Ministry of Finance reveals high market concentration, with just eight real estate companies capturing 20% of contractor cash flow and up to 70% of net liquidity, raising concerns for small developers.
Wobi to Acquire Controlling Stake in Altshuler Shaham for NIS 1 Billion
Wobi has agreed to acquire a 55% controlling stake in Altshuler Shaham for 1 billion shekels following massive capital outflows, marking a major expansion move.
Nitzanim After-School Operators Petition Court Over Retroactive Debt Demands
Operators of after-school programs under the "Nitzanim" initiative have petitioned the court against the Ministry of Education's demand for millions in retroactive refunds, warning of imminent economic collapse.
Saudi Arabia Cancels European Oil Cargoes Amid Pipeline Shutdown and Regional Threats
Saudi Arabia canceled crude oil shipments to European clients due to a major pipeline shutdown, Houthi threats, and the Hormuz blockade, driving Brent crude prices to a four-month high of $108.49 per barrel.