Economy

NTA has announced the companies passing the pre-qualification stage for the Tel Aviv metro INFRA 1 tenders, valued at 65 billion shekels, featuring major Israeli and international firms.

ZIM raised its 2026 financial outlook, projecting adjusted EBITDA of $2.7-3 billion and EBIT of $1.4-1.7 billion, driven by strong demand and freight rates.

Melisron launched a CEO search following the tragic passing of Ofir Sarid. Liora Ofer approached Mizrahi Tefahot CEO Moshe Larry, while former Azrieli Group CEO Ron Avidan emerges as another leading candidate.

Elron Ventures' controlling shareholder, Arieli Group, has reduced its debt to Phoenix Investment House and extended its repayment deadline to October 2026, easing fears of a forced share sale.

Next Vision secured a $24 million camera order for 2027 delivery from an existing client, following a major share sale by Fidelity.

Nofar Energy CEO Ofer Yanai warned that Israel's natural gas reserves could run out by 2040 due to surging AI energy demands, criticizing the lack of renewable progress and infrastructure planning.

Brown Hotels, backed by Israel Canada, enters the Italian market by acquiring the Amedia Milan hotel, expanding its European portfolio following recent expansions in Germany.

Anthropic's IPO filings reveal that CEO Dario Amodei earned $18 million and President Daniela Amodei earned $16.4 million in 2025, ahead of a planned autumn listing valued at over $2 trillion.

David Ellison and his partners have officially completed the acquisition of Warner Bros. Discovery for 110 billion dollars, creating a new media giant under the Skydance banner.

Israeli fintech firm BridgeWise is exploring an initial public offering on the Tel Aviv Stock Exchange, potentially marking a rare public debut for a venture-backed tech company.

A £1 billion class-action lawsuit opened in London against Google over Play Store developer commissions, coinciding with shifts in Gemini AI free tier access.

A massive class-action lawsuit demanding over 100 million NIS against an electrical tool importer was dismissed by an Israeli court, which ordered the plaintiffs to pay 100,000 NIS in legal expenses for abusing legal procedures.

Dan employee-shareholders show low initial turnout ahead of the deadline to sell their stakes to a buying group valuing the transportation giant at 2.8 billion shekels.

Israeli fintech Nayax enters the US gas station retail market through a partnership with Allied Electronics, distributing payment terminals to tap into a $450 billion sector.

Israel Discount Bank announced plans to merge its subsidiary Mercantile Bank to boost operational efficiency, enhance technology investments, and streamline corporate structure.

Supreme Court dismisses appeal over Avarot's external directors, allowing former MK Ayelet Nahmias-Verbin to serve, while Polygon faces prolonged legal deadlock.

Israeli tech firm Silentium has filed a prospectus for a $15 million IPO on the NYSE American, aiming for a $44 million valuation despite reporting declining revenues and a going concern warning.

Fintech firm Capitolis announced a $220 million funding round, including a $120 million Series E at a $1.9 billion valuation, led by Citi with major global banks.

Israeli fintech firm Capitolis has raised $220 million in equity and debt, reaching a $1.9 billion valuation in a funding round led by major global financial institutions.

Nasdaq-traded A2Z Cust2Mate is acquiring media firm Hadeia for $15 million, combining smart cart technology with 40 years of retail advertising experience.

Former Groq employees sued the chip startup, alleging its $20 billion deal with Nvidia bypassed shareholder approval and illegally enriched executives.

Bank Hapoalim agreed to a 6.7 million shekel settlement in a class-action lawsuit over interest rate adjustments following partial deposit withdrawals.

NewMed Energy and Ratio Energies have finalized a massive $6.7 billion gas supply deal with Dalia Energy after the Israel Competition Authority removed its regulatory objections.

The Israeli Supreme Court rejected Gabriel Magnezi's appeal, upholding the disqualification of his votes in appointing an external director at Aviron, a publicly traded company co-owned with Shapir Engineering.

Zim's board of directors rejected the Government Companies Authority's demand to reopen discussions on its $4.2 billion acquisition by Hapag-Lloyd and the FIMI Fund, maintaining that post-deal operational updates do not require fresh approvals.

L'Oreal Israel renewed its partnership with McCann Tel Aviv for three years with a 100 million shekel budget, focusing on data, technology, and brand expansion.

Gav-Yam real estate company proposed a new 4.36 million shekel equity compensation package for CEO Natali Mishan-Zakai, with total annual employment costs reaching 7.67 million shekels.

A Tel Aviv court fines a class-action plaintiff 100,000 shekels, ruling the lawsuit was a coordinated commercial attack by a business rival.

Israeli building materials firm Akerstein is exiting the US market after 38 years, signing a binding deal to sell its American operations for 90 million shekels to curb ongoing losses.

Rami Levy Real Estate completed its merger with subsidiary S.B.H., expanded its contracting operations with the acquisition of Reshit, and secured a massive supermarket lease in Mazkeret Batya.

Warner Bros. and Paramount Pictures finalized their historic merger under producer David Ellison, forming a new media giant branded as Skydance. Backed by his billionaire father Larry Ellison and Saudi investors, the combined empire includes CNN, CBS, and HBO. Ellison appointed Israeli executive Ynon Kreiz as co-CEO, sparking intense industry scrutiny over the conglomerate's political and cultural...

Israel's state-funded purchase of 45 million shekels in desalination membranes to counter algal blooms will ultimately save private operators heavy future costs as severe wear was avoided.

Barak Rosen and Asi Touchimayor are advancing their acquisition of the Tikun Olam Cannbit stock shell following court approval. The real estate tycoons control public firms valued over ₪6 billion and are weighing strategic spinoffs for their growing portfolios.

The partnership dispute at Hazi Hinam escalates as Moti Kuperli strips Orit Shalom-Bug of her trade and marketing powers, recruiting senior staff behind her back amid an ongoing multi-million-shekel legal battle.

Ofer Yanai has launched the final phase to delist Ellomay from the stock exchange, approaching Clal Insurance to purchase its 10.8% stake as Nofar Energy moves to consolidate control.

The Israeli Ministry of Communications and Ministry of Finance are considering lifting Bezeq's structural separation, enabling a full merger with yes and unlocking billions in tax assets.

GoTo signed its first Israeli SaaS agreement with car importer Colmobil to provide a technology platform for daily and monthly commercial vehicle rentals for businesses.

Early investor Alejandro Weinstein exited Smart Shooter for NIS 58 million following a massive US contract. While scoring big there, his investments in Israeli firms Pluri and Gauzy have faced massive downturns.

L'Oreal has hired restructuring advisors Weil Gotshal & Manges and Ducera Partners in the US to address mounting legal exposure and class-action talc lawsuits.

Veteran importer Gili Bruchim and his son Ben are entering the fast-food market, acquiring the Don Pedro pizzeria and Wings Crispy to build a national chain.