Dor Alon to Fire Midrog Over Bond Rating Dispute

Energy company Dor Alon is reportedly considering terminating its contract with credit rating agency Midrog, following dissatisfaction with a recent bond rating. Moty Ben Moshe, a significant shareholder in Dor Alon, allegedly expressed displeasure with the rating assigned to the company's bonds.

This potential move comes amidst broader market fluctuations. Futures on the Nasdaq are down 1%, while yields on long-term bonds continue to climb. In other business news, Fattal and Phoenix are partnering on office property ventures, with the combined entity valued at approximately 1.4 billion shekels.

The article also touches on various other topics, including advice for parents regarding autism in 2025, investment opportunities in the Polish stock market, a guide to the S&P 500 for Israeli investors, and how to invest in a bank index ETF. It notes six record highs for the dollar-shekel exchange rate over the past 30 years.

Additionally, a rare apartment opposite the Western Wall is listed for sale at 50 million shekels by its 91-year-old owner. The article mentions singer Omer Adam's guests, including a Haredi businessman suspected of giving millions to a president. It also reports on a lawsuit filed by 38 apartment buyers in Netanya who claim they were promised they wouldn't have to complete their deals. Finally, it highlights a critical view of certain academic programs, stating they are a waste of time, and mentions a widely used app whose blocking disrupted Israelis' lives.