Economy

The popular Arizona-based restaurant chain Salad And Go is closing its doors permanently after filing for bankruptcy. The chain, which operated 70 drive-in branches, will serve its last customers this Wednesday.

Aura is launching a major campaign for Hever club members, offering apartments in five projects nationwide. Discounts reach 10%, alongside financing benefits and exemption from linkage differentials.

The mineral industry giant, one of the largest stocks on the Tel Aviv Stock Exchange, concludes a strong quarter, announcing a growth-oriented reorganization and a cost-saving program exceeding $350 million.

Economic Committee Chairman MK David Bitan claimed that in developed countries, VAT on food does not exceed 8%. The reality is much less clear-cut. Globes' Whistleblower.

Construction giant Shikun & Binui is acquiring control of the elevator company Naaman. The deal, valued at several tens of millions of shekels, will allow the company to reduce its reliance on external suppliers.

The group's core revenues — excluding telephony at Bezeq Fixed-Line, cellular services at Pelephone, private customers at Bezeq International, and revenues from Bezeq Online — amounted to approximately 2.03 billion shekels, an increase of about 4%. Total revenues rose by 1.4% to approximately 2.17 billion shekels.

El Al airline reported its second-quarter results, showing a 27% revenue increase to $986 million and a doubled net profit of $132 million amid record demand.

Bezeq published its Q2 2026 results: core revenues rose by 4% to 2.03 billion shekels, and net profit jumped by 38% to 315 million shekels. The company announced a 515 million shekel distribution.

Private kindergartens crossing the 10,000-shekel threshold, strollers priced like a used car, and the long-deflated “million shekels” myth: raising children in Israel in 2026 is an economic task that squeezes the middle class. A look at the numbers behind parenting—and why parents struggle to keep their heads above water, from the first diaper to the day of release from IDF service.

Despite losses from Operation "Lion's Roar," El Al doubled its net profit to 125.9 million dollars, driven by strong demand and higher pricing. The airline expects this momentum to continue into the third quarter.

Global markets show optimism amid progress on the Iran issue and strong financial reports. Asian markets are rallying, oil prices are declining, and the dollar has fallen below 3 shekels.

The Tel Aviv Stock Exchange opens amid optimism surrounding a potential US-Iran agreement, global market gains, and falling oil prices. Investors are closely watching upcoming US employment data.

The Osher Ad retail chain is launching a series of market-breaking promotions on popular home, garden, and children's products, featuring significant discounts on furniture and appliances.

The H&O chain has launched a new concept store at the Ishpro Center complex in Modiin. Spanning over 1,000 square meters, the branch centralizes fashion, footwear, and cosmetics, featuring a wide range of international and local brands.

Cosmetics heir Ronald Lauder, a long-time financier of the Republican Party, has abruptly halted political donations. His net worth has seen a $1.2 billion decline due to the drop in company stock.

The "Osher Ad" chain continues to expand its operations in the United States through its subsidiary "Bingo Wholesale," marking the American market as its next growth engine. The company is promoting an expansion plan that includes opening new branches and examining entry into Florida.

The National Insurance Institute has published its August payment schedule. Due to the weekend, some allowances will be paid early, and the average benefit amount has increased by 2.64% to 5,280 shekels.

The decision to leave the interest rate unchanged turned out to be only temporary, as the fear of disruptions in energy routes and the rise in oil prices are shuffling the cards for central banks. Ofer Klein analyzes the market situation.

After recording an impressive jump in profits above forecasts, the company is preparing for a dramatic change and is signaling a mega-acquisition to enter one of the most profitable markets in the pharma world with force.

The shekel continues to strengthen against major currencies amid calm in global markets. Investors are awaiting updates on US-Iran talks regarding the opening of the Strait of Hormuz.

An analysis of CBS data reveals that the average price of a 4-room apartment in central Israel remains out of reach for many. With current prices, particularly in Tel Aviv, the required down payment makes purchasing a home an extremely difficult challenge.

Bank Mizrahi-Tefahot continues its non-banking investment strategy by injecting 98.8 million shekels into Mafat, a company specializing in waste collection, sorting, and landfill operations.

Investors in the Rilco investment company are facing capital losses after an Ohio office building was sold for $2 million, down from its $17 million purchase price. This marks another chapter in the firm's ongoing financial difficulties.

In July, 4.5 billion shekels were withdrawn from the IBI 'Israel Bank Index' ETF, bringing the two-month total to nearly 8 billion shekels. Estimates suggest the total outflow will exceed 10 billion shekels by the end of August.

Two years after the Capital Market Authority's reform, pension savings tracks remain a source of confusion. Identical names hide vastly different investment strategies, leading to significant yield gaps and forcing savers to dig deep to understand their portfolios.

The corporate food benefit market, valued at 6 billion shekels, is undergoing a transformation. With Wolt's entry, the competition between Cibus and 10bis is shifting into a battle for control over the entire employee budget.

As part of a new strategy to attract advertisers to Yinon Magal's flagship program 'The Patriots', Channel 14 has introduced a time-limited promotion: businesses that commit to three months of advertising will receive a fourth month free of charge.

The Super-Pharm chain has released a series of coupon promotions on a wide range of products, including baby goods, cleaning supplies, and food. The offers are valid until August 18, 2026.

An unusual trading day in the USA ended with sharp gains and the breaking of historical records. Strong earnings reports, led by Palantir, boosted the entire technology sector and drove the market upward.

Chip giant AMD reported its second-quarter results, beating analysts' expectations for both earnings and revenue. Despite the strong performance, the company's stock fell 8% in after-hours trading.

Despite $2.2 million in exchange rate expenses, Spacecom, operator of the Amos satellite fleet, recorded its fifth consecutive quarter of net profit. Revenue grew by 15%, with an order backlog reaching $66 million.

Globes has learned that the Supervisor of Banks has distributed a draft circular allowing banks to apply American accounting standards. This move facilitates dual listing, aims to increase liquidity, and may boost stock performance.

The government has acknowledged severe failures in its 17 billion shekel social procurement system. An inter-ministerial team recommends establishing a pool of service operators to improve quality and reduce bureaucracy.

Medical aesthetics company Sofwave has become a standout performer on the Tel Aviv Stock Exchange. The stock has climbed 48% since the start of 2026 and 320% over the last three years, bringing the company's market value to approximately 1.48 billion shekels.

The Central Elections Committee has opened the application process for polling station secretaries for the upcoming October elections. Applications are accepted until August 14, with a gross payment of 3,000 NIS for the day.

Procter & Gamble is acquiring the nutritional supplement brand Thorne for $3.8 billion. The deal aims to expand the corporation's Health and Wellness division.

This summer, the credit card market saw intense competition between Fly Card, FlyAway, and SkyMAX. The situation drew attention as McCann Tel Aviv began handling advertising for two competing brands simultaneously.

The transport company "VIP Lux Travel" has applied to the court for a temporary stay of proceedings to negotiate with creditors, while simultaneously seeking a potential buyer, due to debts of 31 million shekels.

The Israeli government is actively shaping the boards of directors of leading defense companies, such as IAI and Rafael, as they prepare for IPOs. These appointments are accompanied by intense political maneuvering.

Following strong quarterly results, founder Jeff Bezos has filed a plan to sell 15 million shares of Amazon. Bezos remains the company's largest private shareholder with an 8% stake, as Amazon's market capitalization recently surpassed the $3 trillion threshold.