Economy

We checked school supply prices: where will you pay hundreds of shekels less?
The summer vacation is far from over, but for many parents, the race for the school year has already begun. Instead of waiting for the last days of August, when stores are crowded and shelves start to empty, more and more families are choosing to do their back-to-school shopping early. The goal is twofold: to avoid the last-minute pressure and to spread the expense over several weeks, during a...

Real estate giant Gav-Yam reports 4.8% increase in rental rates
Gav-Yam released its Q2 2026 financial results, reporting an NOI of 208 million shekels and a 97% occupancy rate. CEO Natalie Mishan-Zakai highlighted the company's resilience in a challenging market and its progress toward three-year growth targets.

Restaurant chain BBB expands in Israel with 1.2 million shekel investment
The BBB Group is launching two leading brands, Moses Shop and Rapidos, in a shared space at the Rothstein commercial center in Be'er Ya'akov.

Osher Ad or Rami Levy: The Cheapest Shopping Basket in Israel
A price comparison across 11 retail chains reveals a 31% gap on 152 items. The battle for the top spot was decided by a mere 88 agorot.

The Israel Diamond Exchange is collapsing: "Economic failure, we have suffered a defeat"
Following record-low figures in the industry, the resigning president of the Diamond Exchange, Nissim Zuaretz, blames the Prime Minister for an economic failure and warns that without change, companies may leave Israel.

Ofer Yannai in Financial Turmoil: Massive Debts of Billions of Shekels Revealed
The Israel Securities Authority claims that Nofar Energy breached financial covenants for two quarters. Due to a massive gap in debt calculation, the businessman is forced to take an unusual step.

Meltdown in Korea: KOSPI dives 11% led by SK Hynix stock
Investors are fleeing chip stocks: the collapse of SK Hynix and Samsung deepens the meltdown in Korea, as markets await the Fed's decision and the reports of Microsoft and Meta.

After a mixed evening on Wall Street, and facing sharp rises in oil: waiting for the opening of trading in Tel Aviv
Following yesterday's declines on the Tel Aviv Stock Exchange, the local oil and gas sector is set to react to sharp rises in oil prices. This comes amid the renewal of mutual attacks in Iran.

Discount Bank: Inflation and Rising Airfares Hinder Interest Rate Cuts
Economists at Discount Bank point to rising consumer prices and fuel costs driven by geopolitical tensions and a weaker shekel. These developments effectively rule out any near-term interest rate cuts in Israel.

Blow to Mortgage Borrowers in Israel: Bank of Israel Poised to Shake the Economy
A new economic review indicates that rising global fuel and energy prices make an interest rate cut in September unlikely, while also raising the consumer price index forecast for the coming months.

Investment bank warns: The decisive week that could shake the markets
UBS bank publishes a forecast ahead of the Federal Reserve's interest rate decision and reports from technology giants, as massive investments in artificial intelligence raise serious concerns among investors.

Yigal Dimri to earn up to 7.9 million shekels annually as he increases stake
A day after the approval of a new compensation policy for the controlling shareholder, Yigal Dimri purchased Y.H. Dimri shares worth approximately 620,000 shekels, further increasing his holdings.

Dollar Rises to 3.06 Shekels Ahead of Fed Decision
The dollar rose 0.3% to 3.06 shekels in local trading as markets await the Fed's interest rate decision. Analysts are debating whether the central bank will maintain current rates or surprise with a hike.

Court Rejects Tenant's Attempt to Block Urban Renewal Project Over "Excessive Developer Profit"
A Jerusalem apartment owner refused to sign an urban renewal agreement, claiming the developer's profit exceeded the threshold set by Standard 21.1. The court clarified that the standard establishes a minimum profitability floor to ensure project viability, not a maximum ceiling. Analysis by urban renewal expert, Advocate Dan Helpert.

Strong gains in oil after resumption of fighting, SK Hynix plunges 10.5%, Seoul falls 7%
Following the renewal of attacks in Iran, Brent crude rose 4% to $87.5 per barrel, and WTI to $82.5. The KOSPI index fell 7% following disappointing reports from SK Hynix.

An Impossible Mission: Which Flexible Funds Have Consistently Beaten the Market?
A Calcalist review reveals that only a few flexible funds consistently outperform the TA-125 index. As more Israelis direct savings to the capital market, selecting a skilled manager has become a critical decision.

Regulatory Blitz: Bringing Cryptocurrency into the Mainstream
The Israel Securities Authority has released a draft circular expanding crypto trading options. This marks the third regulatory move in two months, aimed at establishing a transparent financial framework.

Investment Giant Fidelity Acquires Portion of Phoenix Shares Sold by Jared Kushner
The American investment fund Affinity Partners, led by Jared Kushner, has sold 2.5% of its holdings in Phoenix Finance for 1.05 billion shekels. The American firm Fidelity acquired the largest portion of the sold shares.

New Dutch Law Signals Potential Risk for Business with Israel
The Netherlands has enacted a law banning trade in goods from settlements and the Golan Heights. Experts warn this move could set a precedent and deter Dutch companies from engaging with Israeli businesses.

Fiverr and Wix Deal Collapses: High-Tech in Turmoil as Glilot Offices Remain Empty
The cancellation of Fiverr's 4,500-square-meter lease at the Wix campus reflects the broader crisis in Israeli high-tech. Faced with revenue pressures, the AI revolution, and widespread layoffs, companies are prioritizing lean operations over office expansion.

Defense-Tech Salaries Rise: Average Developer Pay Hits 50,000 Shekels
While many tech companies are cutting staff due to AI adoption, defense-tech startups are actively expanding and increasing salaries. A GotFriends report attributes this to global security shifts and rising demand for defense technologies.

109% Growth in Five Months: Who Benefited from Palo Alto's Surge in Tel Aviv
Even before its inclusion in the indices next week, the cybersecurity giant's stock has generated significant interest in Tel Aviv: average daily volume reached 8.5 million shekels, the share price has doubled since listing, and the company's value accounts for 30% of the entire stock market. The Exchange: "Inclusion in the indices will move it into a different league in terms of demand and...

Osher Ad chain expands: Lenovo laptop now available at a competitive price
Retail giant Osher Ad has launched sales of the Lenovo IdeaPad Slim 3 15ARP10 laptop for 2,599 NIS. The product is available for purchase exclusively at customer service desks in branches.

Drivers in Israel are profiting: Huge discounts on luxury vehicles including Mercedes
The car importer Colmobil is launching a special sales event to mark 120 years of operation, during which unique financing plans, gifts of choice for every buyer, and significant benefits on a variety of leading brands in the Israeli market will be offered.

A hard blow to technology on Wall Street: The chip index is diving by 23% since the beginning of the month
Concerns over massive investments in the AI field and the strengthening of competitors from China are exacerbating the falls on Wall Street. Conversely, finance and healthcare companies are showing new highs thanks to solid financial results.

Popular shoe brand closes 10 branches in Israel - Fox Group to take over
The low-cost shoe chain TO GO, which once operated 70 branches, is downsizing to 34 locations. Harel Wiesel has acquired the lease rights for 10 of these branches to convert them into Fox Group stores. Meanwhile, Aldo is opening its only stock store at the Chutzot HaMifratz complex with an 800,000 NIS investment.

After soaring 4,000% in a year: SanDisk stock crashes 50%
Until a month ago, SanDisk investors were seeing annual returns of around 4,000%, but the stock has since halved from its peak. We examine the pressures facing the company and whether this correction presents a buying opportunity.

Yochananof slashes prices: Samsung tablet for 699 shekels
The Yochananof supermarket chain is expanding its electronics department, offering the Samsung Galaxy Tab A11 Plus for 699 shekels. Additionally, the chain is relaunching its promotion on the Samsung Galaxy S26 Ultra and introducing back-to-school deals.

Opko Health Shares Jump Over 33% Following Strong Earnings
The American biopharma company Opko Health stunned investors on the Tel Aviv Stock Exchange with stronger-than-expected quarterly results, a dramatic reduction in net loss, and an upward revision of its annual revenue forecast beyond market analyst estimates.

Phoenix Brokers Acquires 60% Stake in Goren Family Office
Goren Family Office has long specialized in wealth management for high-net-worth clients. This acquisition marks a significant step in Phoenix Brokers' growth strategy within the sector.

The New AI-Era Profession: Why the 'Workforce Orchestrator' is Becoming Key
A new report by Adecco suggests that the labor market is transforming through the redesign of processes in the AI era. A new management role is emerging: the Workforce Orchestrator, responsible for managing the division of labor between humans and AI agents.

Securities Authority intervened: Israir will publish additional information on the interested party transaction with Rami Levy
The Israel Securities Authority has forced Israir to postpone a shareholders' meeting regarding a transaction with Rami Levy. The regulator deemed the deal material, requiring the disclosure of additional commercial data.

Bank account management costs jump to about 1,000 shekels per family
According to the Bank of Israel's annual report, the average cost of managing a current account and credit card in 2025 was 379 shekels. With an average of 2.6 accounts per household, the annual cost for a family reaches approximately 1,000 shekels.

KPMG Trains Interns in Critical Thinking Amid Automation
Accounting firm KPMG has implemented an intern training program featuring exercises in critical thinking and decision-making to prepare employees for the AI era.

Red Day on the Tel Aviv Stock Exchange: Indices Plummet While One Stock Jumps Over 33%
The local stock exchange saw a red trading day with declines across leading indices. Amid the downturn, largely driven by negative trends in global chip stocks, one company recorded an unusual double-digit surge that surprised investors.

On the way to closing the giant deal of the energy market: the dispute that was resolved and the one that remains open
The Generation fund is nearing the acquisition of Shikun & Binui Energy for 4.2 billion shekels, after the parties reached understandings on the compensation mechanism in case the deal is not completed. Now the parties are preparing to finalize the last agreements and have the merger examined by regulators, who are concerned about the concentration in the electricity production sector.

A wave of cancellations due to pollution? Apartment buyers in Sde Dov demand an exit option from the contract
The Ministry of Environmental Protection is demanding that the Tel Aviv Municipality stop work at Sde Dov, fearing a health risk due to the presence of pollutants. Alongside the exchange of accusations between the bodies, experts warn of regulatory chaos, while new buyers are demanding to include clauses for quick release from the contract due to pollution.

Sewage Infrastructure to Transform Gush Dan: Plan to Unclog Housing Bottleneck in Tel Aviv Area
The National Infrastructure Committee has approved a plan to increase the capacity of the Morasha wastewater treatment plant to 80,000 cubic meters per day. This move will remove a major barrier in the heart of a high-demand area, enable the realization of mega-projects like "TAAS HaSharon," and ensure efficient land use.

Coca-Cola celebrates: Revenue from hydration breaks at the World Cup revealed
Beverage giant Coca-Cola reported strong quarterly results of 13.4 billion dollars and raised its annual forecast, as the CFO admitted that the controversial hydration breaks at the World Cup were profitable for the company.

Israel's Discount Store Market: Competitive Analysis and Growth Strategies
There are approximately 246 discount stores in Israel. A new report by POINTS reveals the competitive landscape, data on leading chains, and their deployment strategies based on population density.