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General·10m ago

Ulpanah Students Celebrate Bar Mitzvah for Boy from Mixed Jewish-Muslim Background

Students at a southern Israeli ulpanah held a festive bar mitzvah for Yosef, a boy born to a Jewish mother and Muslim father who later returned to Judaism with his family. The event also featured the moving appearance of Uzi, a young man who recently chose to leave his Bedouin village and live with his mother. Yad L’Achim said it has supported both families for about 18 years.

Srugim
General·11m ago

Suspects Detained in Probe Into Secret Child Marriages in Yavniel Community

Police detained several suspects in Yavniel over alleged involvement in secret child marriages in a closed community. Investigators say the weddings were hidden, poorly attended, and organized illegally, and they are also examining hospital records on underage births.

Ynet·+5 outlets · 50% center
General·11m ago

Rail cargo executive moved aside after repeated safety incidents, not fired

Israel Railways has removed freight vice president Israel Marco from his current role but will reassign him instead of firing him. The decision follows a renewed freight safety incident last week and comes after the August 2025 electrification crash that he allegedly handled improperly.

Calcalist·+3 outlets · 50% center
Sports·11m ago

Radinio Balker on the verge of a Maccabi Haifa move after a long injury comeback

Radinio Balker, a 27-year-old Huddersfield center back, is close to joining Maccabi Haifa for 300,000 euros. The Dutch-born Suriname international has overcome major injuries, including an ACL tear, and is seen as a possible replacement for Abdoulaye Seck. Haifa plan to integrate him gradually if the deal is completed.

N12·+1 outlet · 100% center
Security·11m ago

ZAKA and Home Front Command Hold Joint Debrief After Iran War

ZAKA and the Israel Home Front Command held a joint study day this week to review lessons from the war with Iran and improve emergency coordination. Senior commanders from both sides met at ZAKA’s logistics center, heard operational briefings, and discussed tighter cooperation. Both sides said the partnership is crucial for fast, professional response in future crises.

Kikar HaShabbat
Politics·15m ago

Alibaba Sues Pentagon Over China Military Link Designation

Alibaba is suing the U.S. government to be removed from the Pentagon’s 1260H list, which it says wrongly links it to China’s military. The company denies any military role, says it tried unsuccessfully to engage U.S. officials, and is seeking court intervention.

Walla
Politics·16m ago

State Comptroller Urges Fewer Coalition Budget Transfers After December Surge

State Comptroller Matanyahu Engelman called on the Finance Ministry to reduce and advance budget transfers to improve parliamentary oversight. His report said 77 transfers totaling 30.4 billion shekels were made in December 2024, up from 18.4 billion in December 2017. The report also found loopholes in the “Israeli Invoices” reform that could be used by criminals.

Ynet·+2 outlets
Economy·16m ago

State Comptroller Warns Israel Could Lose Energy Independence Within Two Decades

State Comptroller Matanyahu Engelman warned that Israel could lose energy independence in about 22 years. His report criticized the Energy Ministry over natural gas and LPG management failures, saying reserves may run out by the early 2050s and storage capacity is now zero. The report says Israel may need to import gas or shift to other energy sources.

Ynet·+2 outlets · 100% center
Economy·16m ago

State Auditor Warns of Soaring Civil Service Pension Costs

State Comptroller Matanyahu Englman said the Civil Service Pensions Directorate has not adequately corrected problems found in a 2020 report. The audit said 14,000 retirees were not charged maximum tax, and budget-funded pension payments are projected to reach 41.73 billion shekels by 2039.

Ynet·+1 outlet
General·16m ago

State Auditor Says Israel’s Consumer Protection System Has Been Eroded

A State Comptroller report says Israel’s consumer protection system has weakened, with complaints rising sharply while enforcement fell. It also found a near-paralyzed Consumers Council, poor penalty collection, and unresolved gaps in labeling, recalls and credit-card protections.

Globes
Economy·16m ago

State audit says dirty trucks remain on the road as EV charging lags

A State Comptroller follow-up report says Israel has made only limited progress on vehicle pollution and electric mobility. The audit highlights aging trucks, weak clean-air enforcement, unresolved apartment-building charging rules, and inadequate infrastructure.

Calcalist·+1 outlet
Economy·16m ago

Israeli Banks’ Hidden Investment Advice Fees Could Soon Be Exposed

A joint Israeli regulatory task force wants bank investment-advice fees made transparent, after finding banks earn hidden commissions through mutual fund charges. The plan could open competition from outside advisers, but major legal changes are still needed and most clients say they would not pay directly.

N12·+1 outlet · 100% center
Health·16m ago

Doctor Warns Nail Changes Can Signal Iron Deficiency

Dr. Amir Khan warned that changes in the nails, especially spoon-shaped nails, can point to iron deficiency or anemia. He said heavy periods, diet, celiac disease, bowel disease and some cancers can cause the condition, and people with symptoms should see a doctor for testing.

Walla
Economy·16m ago

Israel Came Days From Running Out of Cooking Gas, State Comptroller Warns

Israel came days from a cooking-gas shortage about six months ago when one ship’s arrival prevented a crisis. A State Comptroller report warns the country still lacks adequate storage and backup infrastructure, and could face a real shortage if supply is disrupted for more than 72 hours.

Walla·+1 outlet
Security·16m ago

Islamic Jihad militant killed in Israeli strike in southern Gaza

According to Gaza sources, Adam Abu Hadid, a senior operative in Palestinian Islamic Jihad’s military wing, was killed in an Israeli strike in al-Mawasi near Khan Younis in southern Gaza. The report gave no further details or confirmation.

Kikar HaShabbat
World·16m ago

Iran Tries to Fold Gaza Into Its Talks With Washington

Iranian Foreign Minister Abbas Araghchi told a Hamas official that Gaza would be raised in Iran's talks with the United States. The move follows Tehran's earlier effort to tie the end of the Lebanon war to a deal with Washington.

Srugim·+1 outlet · 50% center
Sports·20m ago

Glazer’s Expected Arrival Could Shape Beitar Jerusalem’s Transfer Plans

Beitar Jerusalem expect Dan Glazer to join eventually, but negotiations, compensation issues and his Kairat contract may delay the move. His arrival would likely push the club toward signing a foreign striker, while the team also continues searching for an Israeli left back and heads to a Bulgaria training camp next week.

Mako·+1 outlet · 100% center
Culture·21m ago

Cable and satellite regulator blocks paid World Cup broadcasts on Hot and Yes

Israel’s Cable and Satellite Broadcasting Council ruled that Hot and Yes cannot charge extra for World Cup games shown on Charlton. The council said 34 matches from the group stage and round of 16 must be free to subscribers if they are not also available on Kan’s free channels.

Calcalist
General·26m ago

Air Europa to Resume Flights to Israel on June 29

Air Europa will resume flights to Israel on June 29 after months of delays and suspension since the war began. The airline will restore routes to Barcelona and Madrid, as foreign carriers gradually return despite ongoing operational and security challenges.

Now 14
Security·26m ago

Trapped Drone Found in Segev Shalom Foils Suspected Assassination Plot

Police found an explosive drone hidden in a car in Segev Shalom on Wednesday and say it was likely meant for an immediate assassination. A bomb disposal expert neutralized the device, and investigators are now examining links to clan violence in the Negev and possible theft from IDF bases.

Walla
Sports·26m ago

Maccabi Tel Aviv Wins a Remarkable 58th Title as the Underdog

Maccabi Tel Aviv captured its 58th championship and a domestic double after defeating Hapoel Tel Aviv in a dramatic final series. The win was credited mainly to coach Oded Katash, clutch contributions from a short rotation, and Roman Sorkin’s decisive three-pointer. The article says Hapoel’s roster strategy failed, while Maccabi still needs more talent for Europe.

Walla·+7 outlets · 63% center
Economy·28m ago

Goldman Sachs Sees Faster EV Adoption Pressuring Oil Demand by 2027

Goldman Sachs says faster electric vehicle adoption, led by China, could reduce global oil demand by 320,000 barrels a day by the end of 2027. The bank cut its Brent forecast to $75 a barrel for 2027 and warned prices could sink into the mid-$50s if demand weakens further.

Kikar HaShabbat
Culture·29m ago

Harry Styles Ran to Wembley, Then Sang for 90 Minutes

Harry Styles was filmed running nearly 10 kilometers from his Hampstead home to Wembley Stadium before a concert for about 90,000 fans. He then performed a 90-minute show, and the article says his serious running habit began only after age 30 and includes a sub-3-hour Berlin Marathon.

Walla
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Original
Economy06:08 · 2h ago

Israeli Investors Reap Paper Gains From SpaceX IPO Through StepStone Fund

Center
Translated & summarized from Ynet by baba
The story · English

Retail investors rushed into SpaceX’s IPO, but the biggest winners appear to have been private equity funds, alongside controlling shareholder Elon Musk. According to Calcalist, one of those funds, StepStone VC Secondary Fund, was marketed in Israel to qualified investors.

StepStone built its SpaceX exposure through direct share purchases and secondary holdings in funds before the IPO. Before the offering, its exposure to SpaceX reached as much as $400 million, equal to 10% of the fund’s assets under management.

The fund was distributed in Israel through Lider Private Equity, headed by Itai Alnathan, and it raised $30 million for StepStone in 2024. In letters to investors, the fund said SpaceX’s post-IPO valuation rose to $2.4 trillion, six times the purchase price, and that SpaceX accounted for 60% of the fund’s total exposure.

The Israeli money in the fund that was exposed to SpaceX was estimated at $3 million and had grown to $18 million, a paper profit of $15 million.

Read the original at Ynet