Calcalist

Calcalist

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Aug 17, 2026
Before raising municipal taxes, authorities must prove they have become more efficient
Local News

Before raising municipal taxes, authorities must prove they have become more efficient

Business municipal tax (Arnona) in Israel is 40% higher than the OECD average, directly fueling the cost of living. The author argues that authorities must demonstrate efficiency before requesting further hikes.

Nofar expands in Europe and enters the wind energy sector: will acquire projects for up to 672 million euros
Ecology

Nofar expands in Europe and enters the wind energy sector: will acquire projects for up to 672 million euros

Nofar Energy has signed a memorandum of understanding to acquire a renewable energy project portfolio in Europe for up to 672 million euros, marking the company's first entry into the wind energy sector.

After receiving the building permit: The Eshkol Avshal project approaches financial closing
Real Estate

After receiving the building permit: The Eshkol Avshal project approaches financial closing

Dalia Energy's Eshkol Avshal power plant project is nearing financial closing. Financing parties have confirmed that the conditions precedent for the process have been met.

From electric vehicles to smartphones: The Chinese tax bomb heading for batteries
Auto

From electric vehicles to smartphones: The Chinese tax bomb heading for batteries

China is set to impose its first tax on lithium-ion batteries and solar cells in a decade. Starting in September 2026, a 2% purchase tax will be applied, rising to 4% a year later, potentially impacting global prices for energy storage and electric vehicles.

139,000 shekels per month: A dispute between a businessman and an oligarch's son reveals high rental fees
Real Estate

139,000 shekels per month: A dispute between a businessman and an oligarch's son reveals high rental fees

A dispute between French-Jewish businessman Richard Tawil and singer Alexander Kogan has led to a 950,000 shekel lawsuit. The case centers on a villa lease in Herzliya with a monthly rent of $45,000.

Due to summer teacher layoffs: unemployment rose to 3.3% in July
Career

Due to summer teacher layoffs: unemployment rose to 3.3% in July

Israel's unemployment rate rose to 3.3% in July, with the broad rate reaching 4.4%. The increase is largely attributed to seasonal layoffs of education personnel during the summer break.

Econergy's electricity sales revenues continue to grow, but net loss deepens
Markets

Econergy's electricity sales revenues continue to grow, but net loss deepens

Econergy's electricity sales revenues surged, but a spike in financing expenses led to a net loss of 28.1 million euros. Delays in grid connections forced the company to lower its year-end forecast.

Maytronics confirms talks to sell control to FIMI and raise 300 million shekels
Markets

Maytronics confirms talks to sell control to FIMI and raise 300 million shekels

Maytronics has officially confirmed reports regarding negotiations to raise 300 million shekels in capital and a potential sale of control to the FIMI fund. The move aims to reduce the company's 600 million shekel debt and restructure its production operations.

Paz increases quarterly profit by 14% and distributes another 130 million shekels to shareholders
Markets

Paz increases quarterly profit by 14% and distributes another 130 million shekels to shareholders

The Paz Group finished the second quarter with a net profit of 158 million shekels, a 14% increase compared to the same period last year. The company also announced a dividend distribution of 130 million shekels.

Second wave of layoffs at PenTera: 60 employees let go
Career

Second wave of layoffs at PenTera: 60 employees let go

Cybersecurity firm PenTera announced a new round of layoffs affecting 60 employees. This follows a previous reduction of 40 staff members in April, bringing the total headcount reduction to 20%.

Paz freezes Bitcoin purchases at Yellow following cyber incident at Bits of Gold
Crypto

Paz freezes Bitcoin purchases at Yellow following cyber incident at Bits of Gold

The Paz Group has suspended the option to purchase Bitcoin via the Yellow app in partnership with Bits of Gold. The move follows a cyber incident involving software provider Meta Base.

Cloud cost management company DoiT acquires Israeli startup Attribute for $65 million
Startups

Cloud cost management company DoiT acquires Israeli startup Attribute for $65 million

DoiT, a cloud cost optimization firm, is acquiring the Israeli startup Attribute for approximately $65 million. The deal aims to enhance corporate visibility into AI and cloud infrastructure spending.

After the models escaped: OpenAI disbanded its AI risk assessment team
AI

After the models escaped: OpenAI disbanded its AI risk assessment team

OpenAI has disbanded its preparedness team tasked with assessing AI model risks. The decision follows reports of models escaping closed testing environments to attack external platforms.

Slight decrease in Mizrahi Tefahot's quarterly profit to 1.43 billion shekels
Markets

Slight decrease in Mizrahi Tefahot's quarterly profit to 1.43 billion shekels

Mizrahi Tefahot Bank concluded the second quarter of 2026 with a net profit of 1.43 billion shekels, a 2% decrease compared to the same period last year. The return on equity stood at 16%.

Private consumption in Japan disappointed: GDP grew by only 1.1% in the second quarter
Markets

Private consumption in Japan disappointed: GDP grew by only 1.1% in the second quarter

Japan's economy expanded by 1.1% in the second quarter, missing the 2% growth forecast. The slowdown was driven by weak private consumption, which declined for the first time in eight quarters.

Bad trip: "Trainspotting" made history, the musical made a fool of itself
Culture

Bad trip: "Trainspotting" made history, the musical made a fool of itself

The West End is no stranger to flops, but the collapse of the "Trainspotting" musical is unprecedented. The production received scathing reviews and was forced to cancel its tour due to dismal ticket sales.

The new demand from the CEO of Tzomet Sfarim is shaking up the publishing industry
Economy

The new demand from the CEO of Tzomet Sfarim is shaking up the publishing industry

Tzomet Sfarim CEO Avi Shomer has announced a new screening policy for books, prioritizing those not funded by their authors. This move has sparked a debate regarding literary quality and transparency in the publishing industry.

Long-term care insurance will get a temporary respite, but the chance for reform is moving further away
Markets

Long-term care insurance will get a temporary respite, but the chance for reform is moving further away

The long-term care insurance sector is set for a period of relative calm following Clalit's agreement with Ayalon. However, experts warn that this is a temporary fix that fails to address the industry's fundamental structural issues.

New database reveals: Rehovot is the electric vehicle capital of Israel
Auto

New database reveals: Rehovot is the electric vehicle capital of Israel

A new database, govil.ai, uses AI to analyze government data, revealing key trends in the Israeli automotive market, from electric vehicle distribution to recall statistics and personal imports.

AI in the election campaign: 13% of politicians' content created with neural networks
AI

AI in the election campaign: 13% of politicians' content created with neural networks

During the current election campaign, parties and politicians have published over 1,100 pieces of content created using AI, accounting for about 13% of their total social media output. This is according to data from the "Zeh be-AI" (It's in AI) monitoring project led by the Open University.

From security constraints to money: 5 reasons why there is still no airport to complement Ben Gurion
Real Estate

From security constraints to money: 5 reasons why there is still no airport to complement Ben Gurion

Israel is in urgent need of an additional airport as Ben Gurion Airport reaches its capacity. Despite 17 years of planning, the government remains undecided on the location, funding model, and operator for the facility.

Data of 250,000 customers at risk: what leaked from Bits of Gold and how customers should act
Cybersecurity

Data of 250,000 customers at risk: what leaked from Bits of Gold and how customers should act

Israeli crypto firm Bits of Gold reported a data breach affecting 250,000 customers following a cyberattack on a third-party analytics provider. While funds remain secure, the company warns of potential targeted phishing attempts.

Kibbutz Yizre'el ready to give up control of Maytronics, FIMI in talks
Markets

Kibbutz Yizre'el ready to give up control of Maytronics, FIMI in talks

Kibbutz Yizre'el is seeking a 300 million shekel investment to rescue pool cleaning robot manufacturer Maytronics. The FIMI fund is currently in negotiations to acquire a controlling stake.

Aug 16, 2026
Anthropic CEO: "Resistance to AI is fundamentally a crisis of trust"
AI

Anthropic CEO: "Resistance to AI is fundamentally a crisis of trust"

Anthropic CEO Dario Amodei has rejected claims of excessive pessimism regarding AI, arguing that public resistance stems from a deep-seated crisis of trust in corporations and government.

Thanks to a car operating system and encryption software, BlackBerry is making a comeback
Gadgets & Software

Thanks to a car operating system and encryption software, BlackBerry is making a comeback

BlackBerry, the Canadian company behind the mobile phones that dominated the market until the arrival of the iPhone, is enjoying an impressive comeback. For the first time since 2017, the company reported a positive cash flow.

The economy recovered faster than expected, but one figure hides the truth
Markets

The economy recovered faster than expected, but one figure hides the truth

The Israeli economy emerged from "Lion's Roar," the second Iran war, faster and stronger than it emerged from the first. GDP rose in the second quarter of 2026 by 3.6% compared to the previous quarter, or 15.4% in annual terms.

The AI Revolution: Production for Data Centers Boosted Caterpillar and Ford
AI

The AI Revolution: Production for Data Centers Boosted Caterpillar and Ford

High demand for data centers has given a strong boost to the manufacturing sector in the USA. Traditional industrial companies like Caterpillar and Ford are actively expanding their operations in this field.

The battle will reach the court: four of the five largest banks appealed their designation as a concentration group
Markets

The battle will reach the court: four of the five largest banks appealed their designation as a concentration group

Four of Israel's five largest banks have filed an appeal with the Competition Tribunal, challenging the Competition Authority's decision to designate them as a concentration group. The banks argue that the regulator's intervention contradicts the Bank of Israel's position and could harm customers.

How much will Ayalon earn from the Clalit long-term care policy? "We cannot comment"
Markets

How much will Ayalon earn from the Clalit long-term care policy? "We cannot comment"

Following Ayalon Insurance's victory in the tender to operate the world's largest group long-term care policy, covering 2.7 million people, the company's management addressed the strategic importance of the deal.

The Opportunity for Israeli Cyber: The US Administration Recruits the Private Market for the Fight Against Crime
Cybersecurity

The Opportunity for Israeli Cyber: The US Administration Recruits the Private Market for the Fight Against Crime

The US administration is changing the rules of the game in the fight against cybercrime: a new White House memorandum establishes a program that will allow private American cyber companies to carry out active cyber operations under government supervision.

Ayalon wins Clalit's long-term care insurance tender
Markets

Ayalon wins Clalit's long-term care insurance tender

Clalit Health Services announced that the insurance company Ayalon will manage its group long-term care insurance policy, covering approximately 2.7 million people. The agreement is for three years with options for extension.

The Diamond Affair: When the keyboard becomes a financial risk
Markets

The Diamond Affair: When the keyboard becomes a financial risk

The affair involving Meli and Liel Yahalomi and the Bank of Jerusalem serves as a stark reminder of how quickly digital information can trigger financial risks. In an era of instant transactions, trust is a critical asset.

Those laid off today are the entrepreneurs of tomorrow
Career

Those laid off today are the entrepreneurs of tomorrow

The wave of layoffs in high-tech creates uncertainty, but history shows that market shocks foster the growth of major companies. Experienced professionals are now leveraging AI to build leaner, more efficient startups.

How close are AI agents to our money
AI

How close are AI agents to our money

The Israeli financial market has begun connecting client data to AI language models. Experts are now debating the shift toward autonomous agents and the critical issue of liability.

AI is changing professions. The university must change
AI

AI is changing professions. The university must change

Governments and universities are investing billions in AI, but this is not enough. The true challenge lies not in adding new courses, but in rethinking the entire education model to prepare students for the future.

Trump's tariffs hit Next Vision stock — it is highly doubtful they will harm the company
Markets

Trump's tariffs hit Next Vision stock — it is highly doubtful they will harm the company

US President Donald Trump's executive order imposing tariffs on drones has caused Next Vision's stock to drop by 5.7%. However, experts question the severity of the impact, as the company is already planning to localize production in the US.

The rise in the number of job vacancies continues – 148 thousand in July
Career

The rise in the number of job vacancies continues – 148 thousand in July

The number of job vacancies rose by 1.5% from 146.8 thousand in June to 148 thousand in July. This trend continues following Operation Lion's Roar, despite the fluctuations observed during the war.

Ben Gurion Airport: 47 Airlines and a 24% Jump in Delays
Travel

Ben Gurion Airport: 47 Airlines and a 24% Jump in Delays

Ben Gurion Airport has experienced an exceptionally busy week, with takeoffs 31% above the three-month average and flight delays up by 24%. Passengers face long queues and significant wait times for baggage.

Recovery for the Israeli economy after 'Lion's Roar': GDP jumped by 15.4% in the second quarter of 2026
Markets

Recovery for the Israeli economy after 'Lion's Roar': GDP jumped by 15.4% in the second quarter of 2026

The Central Bureau of Statistics released national accounts data for Q2 2026, showing a 15.4% annual GDP growth as the economy rebounded from the impact of Operation 'Lion's Roar'.

Yuvalim company purchased a plot in Herzliya at a valuation of 200 million shekels
Real Estate

Yuvalim company purchased a plot in Herzliya at a valuation of 200 million shekels

Yuvalim has acquired a 4-dunam plot in Herzliya through a joint ownership dissolution process. The final land valuation reached 200 million shekels.

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