Calcalist

Budget Flags Service Issues with Chery Importer Prisbi, Then Promises Significant Improvement

Israeli leasing company Budget warned customers of service delays with Chery importer Prisbi but later announced significant improvements after joint efforts. The issues stemmed f…

Cheap French Student Wine Transforms Into Luxury Brand in Israel

A French wine sold cheaply in Paris for 19 shekels is marked up to 70 shekels in Israel due to a long chain of intermediaries, turning it into a luxury product. An investigation b…

Israeli Bank Sues Meta for 26.6 Million Shekels Over Unspecified Dispute

An Israeli bank is suing Meta for 26.6 million shekels, with details shared in a Calcalist economic trivia quiz on August 20, 2026.

Hami Peres Advocates Civil Society Safety Net and Long-Term Innovation for Israel's Future

Hami Peres, in a Reichman University podcast, outlined a vision combining innovation, civil society, and mutual responsibility to prepare Israel for future crises. He emphasized h…

Israeli Minister Nir Barkat Denies Brother's Involvement in Push News Site Purchase

Israeli Minister Nir Barkat denied that his brother or associates were involved in purchasing the Push news website, contradicting a previous report claiming they acquired a 45% s…

Lawsuit Filed Against Yedioth Ahronoth for Publishing Minor's Photo with False Criminal Allegations

A lawsuit was filed against Yedioth Ahronoth's Calcalist for publishing a minor's photo with false criminal allegations, causing reputational and physical harm. The minor was wron…

Employees of Major Company Declare Labor Dispute Over AI Replacement Fears

Workers at a major company have initiated a labor dispute fearing job losses from AI automation, as noted in a recent economic trivia quiz.

Decart Positions Israel as Key Player in AI Models with $6 Billion Anthropic Deal

Israeli AI startup Decart is nearing a $6 billion acquisition by Anthropic, establishing Israel as a key player in AI model development. Decart's technology significantly boosts A…

Organizations Demand Halt to Major Special Education Budget Cuts Amid Public Outcry

Twelve organizations and a Knesset member demand the Israeli Education Ministry halt significant cuts to special education funding, warning the reductions will harm tens of thousa…

Bazan Chairman Warns Investing in Israel Amid Uncertainty Is Irresponsible to Investors

Bazan's chairman Moshe Kaplinsky warns that investing in Israel amid government plans to shut down the refinery creates harmful uncertainty for investors. The company plans to inv…

Elon Musk Denies Reports of Buying Israeli AI Startup Decart

Elon Musk Denies SpaceX Is Buying Israeli AI Startup Decart

Elon Musk has denied reports that SpaceX is negotiating to buy Israeli AI startup Decart for 6 to 7 billion dollars. The denial followed a social media post citing an Israeli news…

Israeli Retail Investors Shift From Nuclear and Crypto to AI and Chip Stocks

Israeli retail investors have shifted from speculative stocks like nuclear startups and cryptocurrencies to more stable investments in AI, semiconductor companies, and broad U.S…

Company Plans to Double CEO Salaries Weeks After Laying Off Hundreds

A company plans to double its CEOs' salaries shortly after laying off hundreds of workers, sparking public scrutiny.

Zachi Abu Says Haim Katz Knew About Partners in G City Deal Cancellation

Zachi Abu, Arie Real Estate's controlling shareholder, said Haim Katz was fully aware of Yaron Adib and Kidan Dahari joining the G City deal, which later collapsed. Abu does not r…

Israeli Psychologist Offers Practical Tools to Protect Couples Amid National Stress

Amid ongoing national crises, Israeli psychologist Maayan Boiman-Mashita highlights how external stress harms couples and offers practical tools to preserve relationships, emphasi…

Summer Costs for Israeli Families with Three Kids Nearly Double Monthly Income

A report by Israeli leaders reveals that summer vacation expenses for families with three children nearly double monthly child-related costs, reaching about 17,300 shekels in Augu…

Israeli Defense Firms Accelerate Production and Eye Public Listings Amid Prolonged Conflicts

Israeli defense companies, including Tomer, Rafael, and Israel Aerospace Industries, are expanding production and exploring stock market listings to meet increased demand for miss…

Which Company Surpassed Nvidia This Week to Become the World's Largest

Calcalist's weekly economic trivia quiz asked readers to name the company that surpassed Nvidia as the world's largest this week.

IDF Warns of Ammunition Shortages Amid Budget Delays and Rising Regional Tensions

The IDF warns of ammunition shortages and reduced readiness due to delayed defense budget approvals amid rising tensions with Iran and ongoing regional conflicts. Despite a recent…

Israeli Competition Authority Probes WhatsApp Chats on Bank Association CEO Replacement

Andre Tabakoff Appointed Capital Market Editor at Calcalist

Andre Tabakoff has been named capital market editor at Calcalist, bringing over 20 years of economic journalism experience. He previously held senior roles at Haaretz and Globes a…

Businessman Acquires 7% Stake in Heftsar HaYeshuv for 118 Million Shekels

A businessman bought 7% of Heftsar HaYeshuv shares for 118 million shekels, featured in Calcalist's economic trivia quiz.

Israeli Real Estate Firm Faces Public Backlash Over Ties to Channel 14 Owner

Israeli real estate company Anshei HaIr faced public criticism and stock decline due to its ties with Yitzhak Mirilashvili, owner of Channel 14. The founders, former Air Force pil…

Tel Aviv Stock Exchange Sees Over 7 Billion Shekels in Trades Amid Index Rebalancing

On August 6, the Tel Aviv Stock Exchange will undergo a major quarterly index update involving over 7 billion shekels in ETF trades, highlighted by the addition of Palo Alto Netwo…

Senior Customs Official at Ben Gurion Airport Fired and Permanently Barred Over False Attendance Reports and Misconduct

Ran Sofer, a former senior customs official at Ben Gurion Airport, was fired and permanently banned from the Tax Authority after being convicted of falsifying attendance records a…

IDF Ends Cooperation With Yatir ATV Association Following Investigative Report

The IDF has ended its cooperation with Yatir, an ATV association operating as a nonprofit that raised millions and conducted donor tours in sensitive areas. The decision followed…

Israeli Contractors Must Cut Home Prices Significantly to Attract Buyers Amid Rising Mortgage Costs

Israel's Housing Prices Fall While Rent and Inflation Risks Rise, Impacting Economy and Tech Sector

Israel's June inflation held steady at 1.6%, with housing rents rising sharply despite falling apartment prices. The strong shekel is impacting high-tech and local firms, while U…

Bank of America Report Highlights Israel's Lag Behind Canada, Netherlands, and South Korea in Key Sector

Bank of America's new report shows Israel falling behind Canada, the Netherlands, and South Korea in an economic sector, highlighted in Calcalist's weekly trivia quiz.

Unistream CEO Emphasizes Investing in Peripheral Youth to Secure Israel's High-Tech Future

Yifat Bachur, CEO of Unistream, highlighted the strategic need to invest in peripheral Israeli youth to sustain the high-tech industry. She shared stories of resilience and innova…

Israeli Reserve Soldiers Launch Entrepreneurship Program to Rebuild Careers After Military Service

Mike Silverberg founded the 18X Elite Impact program to help Israeli reservists rebuild careers disrupted by extended military service. Launched in May 2025, it supports over 1,20…

Tnuva Expands Early Childhood Support Program Amid War Challenges in Israel's Periphery

Tnuva's Corporate Responsibility Director, Neta Ben Menachem, described how the "Home to Grow Well" program supports young children and families in Israel's periphery amid war-rel…

Israeli High-Tech Must Be Central in Every Party’s Platform, Warns Industry Leader

Idan Tendler warns that despite strong recent financial results, Israel's high-tech sector remains vulnerable and must be a central focus for all political parties. He stresses th…

Chairman of Mifal HaPais Calls for Equal Opportunities to Strengthen Israeli Society

Itzik Lari, chairman of Mifal HaPais, calls for the organization to lead efforts in reducing social gaps in Israel by supporting local authorities and expanding equal opportunitie…

Danell CEO Says AI Will Aid Nursing Care but Cannot Replace Human Workers

Oren Levy, CEO of Danell, stated at a national economic conference that AI and robots will enhance nursing care efficiency but cannot replace human workers, especially for elderly…

Israeli Officials Call to End 'Periphery' Label, Promote AI to Boost Regional Growth

At a national economic conference, Israeli officials urged abandoning the "periphery" label and promoting AI adoption in local authorities and traditional industries to drive regi…

Clal Insurance Chairman Calls Israeli Insurers Pillars of National Resilience Amid Crisis

Chaim Samet, chairman of Clal Insurance, praised Israel's five major insurers as key to national resilience during crises, managing 450 billion shekels responsibly. Clal contribut…

Israeli Innovation Authority Chair Reports Over 50% Surge in Startup Support Requests

Dr. Alon Stoppel, Chair of the Israeli Innovation Authority, reported a 50% rise in startup support requests amid a record year for exits and growing multinational R&D centers. He…

Economic Unity and Resilience Highlighted as Keys to Israel's Healthy Economy

The National Economic Conference in Israel, hosted by Calcalist, Bank Leumi, and Clal Insurance, focused on economic unity and resilience amid the Knesset's dissolution and upcomi…

Kiryat Shmona Mayor Calls City Israel’s Best Investment Amid Recovery Efforts

Avichai Stern, mayor of Kiryat Shmona, promotes the city as a top investment opportunity amid recovery efforts, highlighting government incentives and educational progress. He def…

Israeli Health Insurance Model Focuses on Mental Resilience and Social Gaps

Margareta Sarur of Clalit Health Services presented a new health insurance model in Israel focusing on mental resilience, social equality, and preventive care. The model returns 9…

BlackRock and Blackstone Execs Warn AI Investments Lack Clear Profitability Justification

BlackRock and Blackstone leaders at an Israeli economic conference expressed doubts about AI investments' profitability despite massive funding and market enthusiasm. They highlig…

Israeli Tourism CEO Highlights Aviation as Key to National Resilience and Economic Growth

Revital Ben Natan, CEO of Ofakim travel group, stresses aviation's role in Israel's national resilience and economic growth, highlighting tourism's response to geopolitical stabil…

Michal Herzog Emphasizes Unity of Economy and Society at Israeli Economic Conference

Michal Herzog spoke at Israel's National Economic Conference, stressing that economy and society are intertwined and must be addressed together. She highlighted social initiatives…

Tel Aviv to See 70% of Housing Units Renewed Through Urban Regeneration in Next Decade

Ron Chen, CEO of Anshei Ha'Ir, stated that 70% of Tel Aviv's housing units will undergo urban renewal in the next decade, tripling housing supply. He described urban renewal as es…

Fortissimo Capital Confirms No Plans to Sell Control of Cellcom Amid Growth Strategy

Yuval Cohen of Fortissimo Capital outlined the firm's long-term growth and acquisition strategies, emphasizing innovation and post-investment development. He confirmed Fortissimo'…

Bezeq CEO Predicts Israel Will Become Key Hub for Global Communications Infrastructure

Bezeq CEO Nir David outlined Israel's advanced fiber optic infrastructure and plans to develop undersea cables, aiming to make Israel a major global communications hub. He highlig…