Economy

Ofer Klein, head of the Economics and Research Department at Harel Insurance and Finance, commented on the CBS business trends survey, which revealed a positive start to the current quarter, noting a surprising recovery in real estate and an unprecedented number of Israelis flying abroad this summer.

Globes presents the first update on the state of global markets. This morning: positive trend in Asia and Wall Street futures led by chip stocks. CoreWeave and Super Micro surged in after-hours trading following reports. Investors are awaiting the CPI to be released this afternoon in the US.

Building renewal is one of the most important ways to increase housing supply. After examining the situation in Tel Aviv, we checked which companies dominate in the other two largest cities — Haifa and Jerusalem.

The Cleanliness Fund under the Ministry of Environmental Protection is facing a 4 billion shekel deficit. The ministry has stopped publishing financial reports, and commitments have exceeded the fund's revenues for the past 8 years.

Gilboa, owner of the cargo airline Challenge Airlines, acquired control of Gaon Holdings last year and admitted at the time: 'It's not even clear to me yet what I bought.' Since then, he has enjoyed a 220% surge in the infrastructure company's stock, which tripled its profits in 2025 thanks to operational improvements.

The Government Companies Authority has banned Zoom participation in in-person board meetings. Directors argue the move is overly restrictive for the hybrid era, while Authority head Roi Kahlon insists the step is necessary to curb abuses and ensure professional standards.

The soft drink giant recently decided to refresh its design with a font reminiscent of Marlboro, creating unnecessary friction and catching fire from consumers. A lesson for management on understanding the emotional side of the customer. 'The Human Algorithm', a new column.

An advanced training fund can reduce the mortgage and save on interest, remain invested, or serve as a basis for a loan. But before comparing interest to yield, one must understand what each option does to our debt and financial flexibility. And the most important question: is the apartment really within our budget?

Data from the Arlozorov-Yesodot Institute, a research body within the Histadrut, show that the reduction of customs duties on tuna was successful and lowered prices. However, this did not prevent it from publishing an opposite conclusion in the competing newspaper Calcalist. This is how the method of analytical bodies that try to fight opening the market to competition works - even when the...

The Ministry of Justice and the Urban Renewal Authority have published a framework that will allow real estate developers to offer tenants different compensation in Pinui-Binui and TAMA 38 projects. The document was written following a recent court ruling that created immense uncertainty in the industry.

The pharmacy chain is expanding its summer sales, offering a range of discounts on cleaning supplies, baby products, and food, including 1+1 promotions and exclusive member benefits to help lower your shopping costs.

Ahead of the launch of the new direct route to New York, Israir CEO Uri Sirkis discusses in an exclusive interview the preparations, the timeline for regulatory approval, and the competitive pricing strategy.

Despite the sharp crash of the Israeli company following its reports, Wall Street insists on maintaining a particularly positive recommendation and points to a surprising buying opportunity for investors.

Shareholders approved a deal where Vicunha will invest 2.4 million shekels for a 20% stake in Sonovia at a 12 million shekel valuation, funding the commercialization of its sound-wave dyeing technology.

Mifal HaPayis has acknowledged that the 'Chance' lottery draw results were invalidated due to a human error in loading the balls into the machines. The organization also confirmed that there was no real-time oversight by the committee during the process.

Businessman Ronen Ganon is acquiring a 69.9% stake in Multi Retail for 166 million shekels. The deal values the company at 238 million shekels, representing a 60% premium over its Tel Aviv Stock Exchange valuation.

The Rami Levy Hashikma Marketing chain is expanding its non-food inventory with a professional gaming desk for 199.90 NIS, alongside a new series of promotions for home and family goods.

A new collective agreement has been signed for approximately 300 employees of the Biblical Zoo and the Israel Aquarium in Jerusalem, featuring a 17% average salary increase, a signing bonus of up to 2,000 shekels, and enhanced social benefits.

The results of the 'Chance' draw held last Friday were invalidated due to a technical error and negligence in loading the lottery machines. Gamblers are furious, as many discarded their tickets after the incorrect results were published.

Despite reports of a number of high-tech entrepreneurs joining the channel acquisition process, the official request submitted to the Second Authority indicates at this stage only 2 financiers: Rappaport and Yinon Costica. At the same time, the regulator is nearing a decision on the deal and is also examining the channel's past obligations.

Just as all of Wall Street celebrates the renewed surge of Palantir, the investor who predicted the 2008 crisis has quietly renewed his bet against the stock, setting an imaginary price target. Behind the provocative statement hides an accounting claim worth knowing, especially if the stock is also in your training fund.

The international pharmaceutical company is appointing Maria Miller as CEO of the Israeli branch, after Ohad Goldberg, who held the position for the last eight years, was appointed CEO of the operations in South Korea. Burger Ranch is launching a new campaign created using artificial intelligence, with an investment of 3 million shekels.

Investors were alarmed by a sharp drop in cash flow and a lowered conversion rate forecast. However, William Blair maintains that these are strategic investments to support future growth and reaffirms its "outperform" rating for the stock.

The Stock Exchange closed today with significant fluctuations in the two flagship indices. Among the rising stocks, no dramatic gains were recorded, but in the declining sector, Israeli companies experienced severe shocks.

Gas reserves in Europe are less full than usual, imports from the Middle East are limited, and prices remain high. However, Norbert Rücker of Julius Bär argues that the fear of a crisis stems mainly from the trauma of 2022 and the chance of a significant shortage is lower.

The National Council for Planning and Building has approved the guidelines for environmental impact reports for complexes 3 and 4 in TAMA 75. The plan includes over 4,750 apartments, millions of square meters for employment and industry, a huge metropolitan park, and a new arena.

The host of "HaTzinor" revealed that the consumer project "Super HaTzinor" is already operating in 3 branches, but now he is facing an unexpected challenge – his primary media career. Lehrer turned to his followers for ideas on how to scale the project without compromising its non-profit mission.

The securities trading platform eToro is acquiring American broker TradeZero in a deal worth up to $231 million. The move aims to expand eToro's US presence and strengthen its competitive position against Robinhood.

Elmor Hashmal won a huge tender from the Israel Electric Corporation to build storage facilities across the country — another link in the chain of orders that made it one of the hottest stocks on the stock exchange. What is behind the surge, and can this pace continue?

The price per square meter in secondary market transactions in the neighborhood stands at approximately 21,700 NIS, a 5% decrease over the past year, as a wave of 'Mehir Lemishtaken' apartments hits the market.

The two largest defense stocks on the Tel Aviv Stock Exchange posted good financial results but plunged on the day of the report. The reason: when the valuation is twice the industry average, good results are not enough. "A high bar of expectations has been built around defense stocks."

The Asian restaurant chain, controlled by Rotem Tahan and Noam Gabay, has published an updated prospectus ahead of its share offering in Tel Aviv. The controlling shareholders will sell shares to the public for approximately 43 million shekels.

Growing demand for memory chips for artificial intelligence applications has created new opportunities for U.S. investors. Korean company SK Hynix, one of the world's top three manufacturers, has begun trading on NASDAQ, challenging Micron Technology and offering investors a more attractive valuation.

Israeli telecommunications company Cellcom has introduced a unique content application featuring thousands of hours of movies and series, offered to subscribers at two price tiers starting from 9.90 NIS per month.

Belgian cookie manufacturer "Lotus Bakeries" is recording an unprecedented financial surge as the company's stock has jumped by 49% this year alone. According to published data, 50% of the increase in the company's revenue in 2025 stemmed directly from sales of Biscoff cookies.

Credit card company CAL is planning to reduce its workforce by 10% to 15%, affecting 150 to 220 positions. This move follows the loss of the El Al FlyCard franchise to Isracard earlier this year.

The company that developed a non-hormonal drug for treating hot flashes. The financial institution that began covering the biomed market. What remains of the cannabis company Tikun Olam. And the success of Israel's UroGen with a cancer treatment product. This week in biomed.

Children's shows, festivals, culinary events, and special promotions: Azrieli Malls are setting up new concept complexes with a variety of activities throughout August. All the details.

The Almog Group and partners of the Pera brand have signed a merger agreement to establish Tomiverse Hotels Ltd. The new company will combine financial strength and operational expertise to launch three major projects in Mitzpe Ramon, Tel Aviv, and the Dead Sea by 2027.

The digital currency market has shown a mixed trend of price fluctuations, changes in market cap, and a distribution of power among leading assets over the past day. The overall picture shows a relatively red trend in the crypto market.