Mizrahi-tefahot

Bank Mizrahi-Tefahot raised NIS 4.3 billion in its institutional offering after receiving robust market demand totaling NIS 6.8 billion across three different financial series.

The services and catering company Sodexo Israel is expanding its operations, reporting a series of new deals with leading economic entities, including academic institutions and major technology companies.

Bank Mizrahi-Tefahot continues its non-banking investment strategy by injecting 98.8 million shekels into Mafat, a company specializing in waste collection, sorting, and landfill operations.

Macro data shows that the rise in energy costs has barely trickled down to other inflation components, while consumers in Israel are in a particularly strained economic situation that limits market demand.