Economy

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.

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.

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.

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.

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.

Boeing recorded a loss 2.5 times larger than forecasts due to the "Air Force One" project, but one figure in the report signaled that the recovery is continuing - and investors are actually pleased.

The undistributed profits reform, which generated 15–20 billion shekels in revenue, is facing scrutiny due to market distortions in the income-producing real estate sector. The Tax Authority is considering targeted adjustments as part of the upcoming Economic Arrangements Law.

In 2025, Israel's high-tech imports reached a record $19.8 billion, a 10.5% increase. This data highlights the economy's heavy reliance on a narrow cluster of high-tech giants.

After a positive day in the markets, a negative trend is hitting the leading coins as the most popular coin loses over four percent in just one week and Ethereum suffers a particularly painful fall that worries investors.

The Femina Group is expanding its operations and launching the homewear brand Liminal with an investment of approximately 3 million shekels. The first store will open in September at the Ayalon Mall, alongside an online store. The company plans to open 10–15 branches across the country within the next 3 years.

Leasing firm Albar is strengthening its mortgage sector presence by acquiring an additional 12.75% stake in Credit 360. The deal values the company at 220 million shekels.

Israel Tax Authority head Shay Aharonovich revealed for the first time that massive deals by two Israeli tech companies generated between 20 and 30 billion shekels for the state budget, bolstering national economic stability.

The Machneyuda group is in preliminary negotiations with the investment arm of LVMH. The goal is to secure financial backing to support the expansion of its luxury restaurant portfolio abroad.

Although the Tax Authority announced a renewal of activity in the city a week and a half ago, the Histadrut reiterated that employees will not return to the field. The chairman of the State Employees Union warned the Tax Authority director: "We will not hesitate to use all means until a safe and protected work environment is ensured."

Flexibility, community, and an exceptional experience: the Israeli high-tech work environment is undergoing a dramatic change. Eyal Green, CEO of Atidim Park, presents the vision for the next generation of offices and explains why old buildings are already being left behind.

"How much do you pay for rent?" has become a viral trend sweeping through millions of social media viewers. Inbar Tal, the woman behind the phenomenon, joins the studio to explain how she convinced strangers to open their doors to her.

Affordable prices, financing options, and tax benefits make Greece a promising destination for Israeli investors. A close look at the real estate market in the "country of islands."

Just before the change of control in the real estate company, the outgoing controlling shareholder Chaim Katzman is seeking to accelerate the appointment of Keren Khalifa as CEO. If she is fired after the transfer of control to Tzahi Abu and his partners, Khalifa will receive a bonus of 200% of her annual salary.

International eyewear chain Carolina Lemke Berlin has launched a summer sale offering two pairs of sunglasses for 200 NIS. The promotion is available in stores and online until September 1, 2026.

The Tax Authority announces that business owners who served more than 21 days are eligible for compensation for indirect damage for May-June 2026, with payments issued within 14 days of approval.

We all know that moment: glancing at the electricity bill and feeling a knot in our stomach. Most of us overpay without even realizing it. The good news is that you don't need to sit in the dark or turn off the AC in the heat to save 10–30% on your monthly expenses.

Arbex, the new international corporation formed by Kimberly-Clark and Suzano, is launching operations in Israel. The company will now manage the marketing of Kleenex, Lily, Molt, Nicol, and Shmurat Teva, while Huggies, Kotex, and Depend remain under Kimberly-Clark.

New York City Mayor Zohran Mamdani has unveiled plans for a city-owned supermarket chain. The stores will offer a 30% discount on essential goods, potentially saving the average consumer around $1,000 annually.

The Paz Group is launching a collaboration with Bits of Gold, allowing customers over 18 to open a crypto account directly via the Yellow app and use accumulated rewards to purchase Bitcoin.

The Ministry of Construction and Housing is establishing an inter-ministerial team to examine mortgage assistance criteria, potentially reviving the issue after the Ministry of Finance's previous opposition. The move, supported by Minister Haim Katz, aims to address the housing crisis, with proposals including a mechanism to replace equity requirements with proven repayment ability.

A customer claimed that a HOODIES outlet store charges higher prices for sizes larger than medium during a sale, despite signs not specifying size-based pricing. The chain stated that outlet stores operate under a different pricing model based on inventory and demand.

Following the Competition Authority's request to review correspondence regarding the replacement of Eitan Madmon, the Association of Banks has frozen the search process. The regulator's intervention was revealed yesterday.

From setting a goal to periodic rebalancing: the 4 steps to building a portfolio that suits your objectives and that you can stick with for the long term.

A storm in the American alcohol market: RNDC, long-standing second-largest wine and spirits distributor in the U.S., has officially filed for bankruptcy in a Texas court.

Pinchas Idan has warned of severe congestion expected at the airport ahead of the peak summer season due to a staff shortage. He claims the facility is missing about 400 employees, while recruitment remains difficult. The Israel Airports Authority management has denied these claims, which follow recent external disruptions at the airport.

Easat Ashkelon has expanded its cooperation with a major American aviation giant in a deal worth approximately $58 million over two decades. Behind the figure lies a critical condition, and behind the company sits one of the most successful investment funds in Israel.

Clal Insurance has increased its stake in the Highway 6 northern section franchise to 24% after acquiring an 8% share from the Noy 2 fund for 165 million shekels. The company expects an annual return of 9% to 11%.

An Israeli employee earning 15,000 shekels a month may transfer, together with their employer, more than a million shekels to National Insurance and health insurance over 40 years of work. In Israel, payments are lower than in much of Western Europe, but the link between the payment amount and the old-age pension is weaker than in the USA and Germany.

While the high-tech sector saw only a 6% increase in new jobs, the Defense Tech field recorded a 40% jump in the first half of 2026, alongside rising salaries ranging mostly between 35,000 and 45,000 shekels per month. Data from the SQlink group shows that demand is focused on AI, cyber, and Embedded systems, with more tech professionals now open to opportunities in the defense industries.

The UAE has a significant advantage over other Gulf states — a port located outside the Strait of Hormuz. Now the Emiratis are planning to expand the port's infrastructure, without mentioning the Iranian threat.

The public enjoys banks’ entertaining campaigns, but is left with the mortgage and the interest on deposits. Will new reforms and the entry of competitors into the field lead to a turnaround? Globes brand index.

Recent tax law amendments provide exemptions for income generated from work and business within Israel up to specific annual ceilings. Additionally, purchase tax relief for immigrants buying a single apartment has been updated.

Shevi Shamir, Deputy CEO and Head of the Retail Division at Mizrahi Tefahot Bank, addressed the housing market situation: "The high volume of mortgages today does not stem from a recovery in the housing market."

Concerns surrounding chip and AI stocks have led to sharp declines in Asian markets, with the Seoul stock exchange crashing by 11%. On Wall Street, Nvidia's stock weakness allowed Apple to reclaim the top spot in market capitalization.

The large gap between the SK Hynix stock traded in the US and the one traded in South Korea indicates an unhealthy investor enthusiasm.