Calcalist

Bazan Chairman Moshe Kaplinsky stated that the company prefers to invest abroad due to uncertainty regarding the future of Israel's refining sector and government plans for its closure.

High-tech entrepreneur Oren Dobronsky may face a multi-million dollar "exit tax" to US authorities if elected to the Knesset. To be sworn in as a member of parliament, he must renounce his American citizenship.

Brainsway finished the second quarter of 2026 with record results, reporting a 35% revenue increase to $17 million. Following these strong figures, the company has raised its annual guidance.

The Los Angeles Lakers basketball club has been sold to businessmen Josh Kushner and Bob Iger for $12.5 billion. This marks a new record valuation for a professional sports team.

REIT 1 has made progress in leasing office space at the Infinity complex, but occupancy rates remain below targets. Amid moderate growth in operating income, the fund was forced to revise its annual performance forecast downward.

According to the Central Bureau of Statistics, 42% of teaching graduates from the state-religious sector in 2025 were absorbed into secular schools. This trend has become a primary method for addressing the teacher shortage.

The Iranian economy is gradually shifting from crisis management to survival management. Households are cutting consumption, switching to installment purchases and second-hand goods, while the government struggles to maintain basic supplies amid rising inflation.

US annual inflation slowed to 3.4% in July, matching market expectations. The Consumer Price Index rose by 0.1% month-over-month.

A review by the Ministry of Finance's Chief Economist indicates that apartment purchase cancellations have surged by 41%, rising from 1,294 in January to 1,821 as of August 2026.

Manif is slowing down new credit distribution amid real estate market stagnation. CEO Maor Duek announced a tightening of the underwriting model to manage risks in the current volatile economic environment.

Remepy has raised $36 million in a Series A funding round. The startup develops hybrid drugs that combine prescription medication with AI-based therapeutic applications.

OPC reported a successful second quarter with revenues jumping 94% to $379 million and adjusted net profit rising to $34 million. The growth was driven by increased ownership in US assets and a shift to dollar-denominated reporting.

Mortgage volume reached 11.5 billion shekels in July, an 8% increase year-on-year. Experts warn that these figures reflect past transactions and create a misleading sense of market health.

The Chinese C919 aircraft has completed its first international commercial flight from Beijing to Ulaanbaatar. This move marks a symbolic step in China's effort to challenge the global dominance of Boeing and Airbus.

Swiss sports footwear brand On reported second-quarter results that missed analyst expectations. Following a slowdown in US sales growth, the company's shares plunged by 22%.

Savers in the 'Savings for Every Child' program are shifting funds from banks to provident funds. By the end of 2025, the share of bank-managed accounts dropped to 16%.

Spotify is introducing an "AI Persona" tag for profiles created by artificial intelligence to increase platform transparency. The company will also restrict recommendations of such music in algorithmic playlists.

Strauss closed the second quarter of 2026 with a 6.7% decline in sales to 2.87 billion shekels. However, net profit doubled to 195 million shekels due to improved operating margins.

The foreign exchange market is seeing moderate movements as investors await US inflation data. The dollar is strengthening by 0.1% to 3.004 shekels.

Bank Leumi has announced the cancellation of an option allocation for CEO Hanan Friedman. The decision follows a directive from the Banking Supervision Department prohibiting the linkage of executive compensation to the performance of individual subsidiaries.

Researchers from the Israeli cyber company A Security found a dangerous vulnerability in Zoom by sending fewer than 20 prompts to an AI model in less than 24 hours. Previously, such research would have required months of work by a team of experts.

Mohamed Alabbar, the developer behind the Burj Khalifa, is planning a $20 billion investment in two mega-projects in Syria. The initiative includes a new city near Damascus and a Mediterranean Riviera in Latakia.

Recent incidents at major AI companies have shown that autonomous models can bypass test environments to achieve their goals. Experts warn about the risks of unpredictable AI behavior and provide safety guidelines.

The Cleanliness Fund under the Ministry of Environmental Protection is facing a 4 billion shekel deficit. The ministry has stopped publishing financial reports, and commitments have exceeded the fund's revenues for the past 8 years.

According to the Knesset Research and Information Center, the average tenure of a city rabbi is expected to be 35.2 years. The Shas party is actively pushing for appointments, effectively restoring a 'job for life' model.

Renowned chef Israel Aharoni shares insights into his life, his passion for culinary arts, his battle against ego, and why he considers curiosity his most valuable asset.

German airline Condor has resumed flights to Israel. Daniel de Carvalho, a member of the management board, stated that the decision reflects confidence in the long-term market potential rather than short-term developments.

Orly Adas, former CEO of the Central Elections Committee, argues that the manual voting method ensures maximum reliability and transparency, protecting the democratic process from cyber threats and manipulation.

The Israel Airports Authority has implemented a new policy limiting baggage check-in to three hours before departure. While intended to standardize operations, the change has caused significant delays and confusion for travelers and local airlines.

Businessman Ronen Ganon is acquiring a 69.9% stake in Multi Retail for 166 million shekels. The deal values the company at 238 million shekels, representing a 60% premium over its Tel Aviv Stock Exchange valuation.

AI developer Manus will return to independent operations after the Chinese regulator ordered Meta to cancel its approximately $2 billion acquisition deal.

The startup Attestable has raised $20 million in a seed round to develop AI verification technologies. The team of mathematicians is building tools that allow for proving the correctness of computations without exposing sensitive data.

In July, Blue Bird Airways recorded a 7.5% market share at Ben Gurion Airport, transporting 173,100 passengers. This achievement places the airline in fourth position, following El Al, Israir, and Arkia.

The securities trading platform eToro is acquiring American broker TradeZero in a deal worth up to $231 million. The move aims to expand eToro's US presence and strengthen its competitive position against Robinhood.

The Jerusalem Municipality has announced a 22% increase in parking fees at municipal lots managed by the "Eden" company. The new rates take effect today, Tuesday, across most of the city.

Biomed entrepreneur Mati Gill, CEO of AION Labs, will run for the Knesset on Naftali Bennett's "Beyhad" party list. He previously served as the party's high-tech headquarters chief and helped draft the "New Deal for High-Tech" program.

When the heat becomes unbearable, even dairy ice cream can feel too heavy. We've selected five of the best spots in Israel to cool down with a refreshing and delicious sorbet.

Professor Yoram Harpaz, with decades of experience in pedagogy, proposes a radical overhaul of the education system. He argues that the traditional teacher-centered model is ineffective and advocates for a shift toward a system where learning itself is the primary goal.

Credit card company CAL is planning to reduce its workforce by 10% to 15%, affecting 150 to 220 positions. This move follows the loss of the El Al FlyCard franchise to Isracard earlier this year.

Nvidia has introduced the open-source Nemotron 3.5 Lightning model, designed for complex multi-agent AI tasks. The company claims it delivers 30% faster performance compared to similar models in its category.