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Crypto company Ripple continues to expand into the world of traditional finance. After raising $275 million, it is strengthening its operations in the Prime Brokerage sector, which serves hedge funds and large institutional investors.

The digital currency market is experiencing a significant surge. Bitcoin has reached a new historical record of $77,629, with other major cryptocurrencies also showing strong positive momentum.

The court in Guangzhou accepted the request of the local commercial bank to initiate bankruptcy and liquidation proceedings against the real estate arm of the Evergrande Group. The dramatic decision comes just one day after the company's founder was sentenced to life imprisonment.

The crypto market recorded sharp gains following a move by the US Treasury Department, which led to a short squeeze and liquidations on an unusual scale within 24 hours.

The author of 'Rich Dad Poor Dad' warns about the widening wealth gap and claims that the financial system operates against economic logic: 'Technology is supposed to lower prices, but they are playing with money.' These are the assets he recommends to protect savings.

The National Insurance Institute has published guidelines to help citizens better exercise their rights to benefits. In many cases, applicants may be eligible for additional payments, retroactive benefits, or re-examination if their health condition worsens.

The company "BBX Baby Kids Textile", which operated two massive factories and exported to 24 countries around the world, is finally collapsing. A court in Turkey ordered the liquidation of the company after a stay of proceedings period failed to save it from a debt crisis.

Kenneth Cole Productions will deepen its partnership with the Mashbir Group and invest up to $5 million in Kenneth Cole Design and Development. As part of the deal, it will be allocated 20% of the company's shares, which will continue to expand the brand's operations in Europe.

Key economic stories of the week: Rami Levy invests 225 million shekels in a new project, Max to compensate businesses, Victory's profits jump 150%, Moderna shares soar on Wall Street, plus Amos Luzon's deal, chaos at Ben Gurion Airport, and Itay Levi's real estate move.

Inrom Group concluded the second quarter of 2026 with double-digit growth in sales and net profit. Following these strong results, the company announced a dividend distribution of 21.5 million shekels scheduled for September.

The company "Rani Zim Shopping Centers" concludes the first half of 2026 with an increase in NOI and FFO, alongside the expansion of operations into the fields of energy, logistics, and data centers.

After decades as a staple of the local fashion scene, the Razili chain is ending its physical retail operations to transition to an online-only model. The company's final store, located in the Ramat Aviv Mall, is set to close on August 25, 2026.

The flight schedule at Ben Gurion Airport continues to present an optimistic picture for Israeli citizens. Amid the peak summer season, several airlines have resumed flights to Israel over the past month, with more expected to return in the coming weeks.

The public is torn between a spacious apartment with a MAMAD on the periphery and a small apartment in the big city. How much does a small apartment in a major city cost, and transactions in Holon and Bat Yam show that it is possible to purchase apartments without a MAMAD for less than 2 million shekels.

A new coin called Artificial Inu has jumped by tens of percent within a day, sparking interest among meme coin enthusiasts. But behind the name and the sharp rise lies a complex system of contracts, a project that is not yet verified, and big questions about reliability.

Diplomat, a major importer of consumer brands, has released its financial results for the second quarter of 2026. Net profit fell to 23 million shekels, marking a significant decline compared to the same period last year.

Ayalon Insurance reports that total profit in the second quarter amounted to approximately 135.9 million shekels, and profit in the first half increased by 8.2% to 217.4 million shekels. The company's board of directors announced a dividend distribution of 50 million shekels.

Real estate appraisers and the CBS report price growth, while the Ministry of Finance warns of a collapse among contractors. Which developers are truly at risk? | Weekly real estate news

The main indices closed with sharp declines after investors returned to focus on high financing costs and the huge US deficit, despite temporary calming attempts by the Treasury Secretary.

Super-Pharm, the largest pharmacy chain in Israel, is launching a massive discount campaign on dozens of popular cosmetics and skincare brands, including the line by Noa Kirel. The promotion ends on August 28.

The Israel Land Authority has approved the marketing plan for Complex C in Jerusalem's entrance district. The project features a 40-story tower, an 8-story building, office, commercial, and hotel spaces, along with approximately 230 housing units.

A volatile trading day in Tel Aviv closed with a mixed trend, as alongside impressive gains in the energy sector, one of the most well-known food companies in Israel recorded a particularly sharp decline that surprised investors.

Electra Consumer Products concluded the second quarter of 2026 with revenues of approximately 1.8 billion shekels, a 38.5% jump in operating profit, and a net profit of 30 million shekels. The Carrefour chain, managed by Global Retail, continues to drive group performance, while the sports sector has returned to profitability.

Michpal Technologies is acquiring 70% of Mekano for approximately 66 million shekels, in a deal that values the company at about 100 million shekels. The acquisition includes a mechanism for contingent consideration and options to purchase the remaining holdings in the future.

A dramatic move by the US Treasury sent the dollar down and caused precious metals to jump by more than 4% in a day. Analysts are now estimating where the price will reach in the coming months.

Bitcoin has surpassed the $72,000 threshold following US President Donald Trump's call for Congress to pass supportive crypto legislation, while another leading currency records a nearly 20% daily surge.

The retail giant reported a successful second quarter with a 24% jump in US online sales and total revenue of $187.9 billion. The company's CEO noted that customers choose Walmart for its combination of price, speed, and convenience.

The Fireman Hospitality group, operator of iconic Manhattan restaurants, has filed for bankruptcy protection. This marks the largest crisis in New York City's restaurant industry since 2020.

The approval of the law to expand the powers of the Subcommittee for National Housing marks a revolution in Israel's housing market: more apartments, fewer barriers, and a shorter path from plans on paper to actual construction.

The legendary judge of "MasterChef" speaks candidly about the big money behind the scenes, the pressure to land campaigns, how she plans her next business empire, and her past financial situation: "I am talking about a livelihood" | All the details

The Bitcoin currency showed a significant jump of 4% to a value of more than 71 thousand dollars. Experts estimate that investors should prepare themselves for a move toward 100 thousand dollars by the end of the year.

As part of the "Everything you need for the holiday" campaign, Israel's largest pharmacy chain is launching promotions on large appliances, furniture, and home equipment until the end of August and September. For example, a set of chairs is being sold at a discount of over 50%.

The defense company controlled by the FIMI fund has moved from net debt to a financial surplus of 112 million shekels and holds an order backlog of 2.4 billion shekels. But the security moderation in the region poses a question: what will happen to demand when the arena calms down?

The CEO of the chain and daughter of Rami Levy in a candid interview about the upbringing she received at home, the difficult economic reality of many families, and how all this affects the management of the retail empire: "People are not measured by what they have" | All the details

Construction company I.H. Damri increased apartment sales, but rising financing costs and margin erosion led to a decline in net profit. We analyze the company's Q2 2026 financial results.

Strauss CEO Shai Babad boasted of profits in the hundreds of millions of shekels, but consumers are outraged by price hikes while global raw material costs are plummeting, and a public lobby organization is promoting action.

The investment house of the Harel Group is expanding into the alternative sector and is acquiring 50.1% of the shares of a hedge fund management company that manages hundreds of millions of shekels. Who are the former managers behind the deal?

While the dollar weakens against the shekel, another leading currency is recording an unusual strengthening of more than 3%, creating a surprising offsetting mechanism that directly affects investors and savers in Israel.

Following rumors of a relationship with a TV star living in his building, the popular singer has completed a dramatic real estate expansion, boosting his property value to approximately 20 million shekels.

Ofer Yanai's energy company summarizes the half-year with project revenues of approximately 665 million shekels, more than double the corresponding period. Nofar forecasts aggregate revenues of approximately 6.4 billion shekels in a representative year from yielding, under-construction, and pre-construction projects, but recorded a bottom-line loss of approximately 60 million shekels.