Calcalist

The Israel Innovation Authority has announced a 100 million NIS call for proposals to establish new national quantum computing R&D infrastructure. This initiative marks the next phase in Israel's strategy to secure technological independence.

Water company Mekorot reported a 291% surge in net profit to 243 million shekels for Q2 2026. However, the company warns it may halt new development projects due to an ongoing dispute with the Water Authority.

The occupancy of the HaSolelim project drove a 10% increase in Mivne's Net Operating Income (NOI) to 239 million shekels in Q2 2026. Adjusted Funds From Operations (AFFO) rose by 15% to 178 million shekels.

The Israeli economy must abandon the habit of waiting for stability after every crisis. Uncertainty has become the new norm, requiring a shift in management strategies and state policy.

International airlines are gradually returning to Israel, increasing air cargo capacity and driving down transport costs. However, despite these lower logistics expenses, consumer prices remain high, failing to reflect the market stabilization.

In addition to congestion at Ben Gurion Airport, passengers are now facing long waits inside aircraft before departure. Airlines, fearing the loss of their takeoff slots, often begin boarding on schedule even when delays are anticipated.

Israir has announced that it will begin selling tickets for its new New York route next Tuesday. The first flights are scheduled for October 19, 2026, pending final approval from U.S. aviation authorities.

The Nasdaq stock exchange intends to extend trading hours in the US to nearly 23 hours, five days a week. The move is designed to meet the growing global demand for US stocks.

Three years after an unsuccessful attempt to take control of Petrochemicals, businessman Michael Bobrov sold his 18% stake in the company for 107 million shekels. The transaction was executed at a discount of over 20% to the market price.

Dalia Energy has secured approval from the Electricity Authority for the financial closing of the Eshkol Avshal project in Ashdod. Bank Hapoalim will serve as the senior debt arranger for the 5.2 billion shekel project.

The largest trial in the series of "addiction lawsuits" against social media platforms begins today in California. 29 US states are suing Meta, alleging that Facebook and Instagram were designed to addict young users, with potential penalties reaching $1.4 trillion.

Irregular founder Omer Nevo addressed the incident where AI models mistakenly attacked real-world websites during a simulation. The company is investigating the event and focusing on strengthening defensive AI capabilities.

Bank Leumi has filed a 26.6 million NIS lawsuit against Meta in the Tel Aviv District Court, alleging the systematic distribution of fraudulent ads on Facebook and Instagram that impersonate the bank.

Israeli high-tech is undergoing a transformation as entrepreneurs increasingly launch companies in the U.S. and reliance on foreign capital grows. Noam Kanty of EY notes that the industry has become a complex ecosystem facing new challenges.

American defense tech firm Ondas continues its Israeli expansion by acquiring Aran Defense for 100 million shekels. The deal will be settled through Ondas shares.

Anthropic continues its rapid growth ahead of a planned IPO, with its annual revenue run rate reaching $65 billion, surpassing OpenAI. The company's success is driven by a strategic focus on enterprise-grade AI tools.

Chemi Peres, co-founder of the Pitango fund, presented a concept for Israel's development based on innovation and mutual responsibility. He emphasized the importance of preparing for future crises by strengthening civil society institutions.

Rapper Teddy Neguse opens up about his life in Lod, his search for identity, his creative projects, and how music helps him navigate his inner world and embrace his true self.

Employment data from the Central Bureau of Statistics and the Employment Service indicate that the country has returned to a 'war routine.' This hinders growth and the entry of young people into the labor market, causing long-term economic damage.

The National Taxi Drivers Union is demanding that the Ministry of Transport allow taxis to travel for free on new express lanes and remove restrictions on using all public transport lanes.

After a missile strike damaged a Tel Aviv building, residents faced bureaucratic chaos. Lawyers successfully resolved the conflict between renovation compensation and the TAMA 38/2 demolition plans.

The Sky investment fund is exploring options to exit its stake in Icon Group, the parent company of the iDigital chain. Management has held meetings with potential buyers, valuing the company at over 500 million shekels.

G City CEO Chaim Katzman plans to spin off assets into a new subsidiary, 'Naga Commercial Properties,' distributing shares to existing investors. While intended to reduce debt, market analysts warn of significant risks and high leverage.

The Tel Aviv Regional Labor Court has approved a class action lawsuit against Israel's four health funds. The plaintiffs argue that the exemption from supplementary health insurance (SHABAN) premiums for large families violates the principle of equality.

The Electricity Authority's move to halt new data center grid connections due to massive energy demand has sparked a public clash with the National Economic Council in the Prime Minister's Office.

Mizrahi Tefahot Bank closed the second quarter of 2026 with a 1.7% decrease in net profit to 1.43 billion shekels. Moderating inflation and lower interest rates have curbed profit growth, while the bank's mortgage portfolio faces mounting risks.

As AI company valuations soar, concerns over environmental impact and lack of job creation have prompted US states to impose new taxes and construction bans on data centers.

CBS data reveals that Israel's GDP growth, excluding production abroad, is only 1%. Over 90% of this offshore production is linked to Nvidia's operations.

Minister of Finance Bezalel Smotrich has appointed Benny Dreyfus, who recently resigned as CEO of Mifal HaPais, as the new chairman of the state-owned EAPC. He is set to assume the role in September.

Government financing costs in several developed economies have hit their highest levels since the 2008 financial crisis. Investors fear that the Middle East crisis will sustain high inflation.

Nvidia will provide up to $105 billion in financing to support credit and computing capacity for a new OpenAI AI data center in Ohio. The facility will initially support 4.25 gigawatts of capacity, with operations starting in 2028.

Shikun & Binui Energy concluded the second quarter of 2026 with a 40% jump in revenue to 94 million shekels. Despite increasing gross profitability to 43%, a surge in financing expenses led to an 11% increase in net loss, reaching 79.9 million shekels.

China's Unitree has unveiled its new "Superman" robot, capable of a 2-meter standing jump and speeds of 45 km/h. The company is set to debut on the Shanghai Stock Exchange following a record-breaking IPO.

The Ministry of Economy has reopened an anti-dumping investigation into medical cannabis imports from Canada after a previous attempt was closed due to a procedural error. The move has sparked sharp protests from chambers of commerce and patient advocacy groups.

Sometimes it seems that the culinary dream of every person is to sit by the sea, enjoy a drink, and eat fried fish. The new Melah Mayim restaurant on Gordon Beach in Tel Aviv promises to fulfill this dream.

600 kindergarten teaching assistants will participate this year in a program to earn academic degrees in education. Each participant will receive a scholarship of 6,000 shekels per academic year.

The first Ferrari Luce electric car, launched three months ago, was sold at a Sotheby's auction for $40 million. The final price was 35 times higher than the vehicle's standard retail value.

Israel is set to teach teenagers financial literacy, but experts argue that true habits are formed at home. Understanding the psychological drivers behind our financial behavior is just as crucial as knowing the math.

A soldier who takes his own life due to mental trauma after discharge is not recognized as a fallen IDF soldier. Despite the clear link between military service and death, the law fails to support bereaved families.

Israel is a global leader in Health-Tech investment, yet its domestic healthcare system faces significant bureaucratic and financial hurdles in adopting these local innovations.