Newsroom
The Jerusalem Post
English-language daily newspaper published in Jerusalem. It publishes in English: we summarize its reports, link to the originals and compare them with 43 other newsrooms.
Group in the coverage barCentrist pressIts own lean is rated Center.
OwnerJerusalem Post GroupSubscriptions and advertising
Language and baseEnglish · JerusalemFounded 1932
The last 30 days
1,678reports translated
69%first to report
292 mintypical time behind the first report
100%carry a named author
15%opinion and analysis
Why not a score? These are rates we can recompute. A single number would hide whether a newsroom is slow, unnamed, or mostly reprints. How we measure
How The Jerusalem Post writes
The Jerusalem Post's tone this month is neutral, close to the rest of the centrist press. On Netanyahu, the United States, the IDF, Iran and Eisenkot its wording is in step with the other newsrooms.
From 1,668 reports this month, judged without the newsroom's name. How this is measuredOnly The Jerusalem Post had it
Arkia Employees Seek Investor to Counter $45 Million Sale DealEconomy · 1h agoElbit Systems Secures $260 Million Contract for PULS Rocket SystemsSecurity · 1h agoWest Bank Violence: Israeli Driver Hurt, Palestinians Injured During Olive Harvest AttackSecurity · 2h agoBig stories The Jerusalem Post skipped
Netanyahu Urges National Unity Government, Invites Eisenkot to Unconditional TalksCovered by 18 newsroomsIsraeli Arrested in Bulgaria Murder Case Linked to MillionsCovered by 15 newsroomsIDF Strikes Hamas Commander in Gaza HospitalCovered by 15 newsroomsLatest from The Jerusalem Post
Economy · 1h agoArkia Employees Seek Investor to Counter $45 Million Sale DealArkia employees are racing to find a new investor by Monday to counter a $45 million deal to sell the airline to a private group. The employees' corporation has a deadline to match the offer, which includes a significant cash injection. This comes after rival Israir had previously explored acquiring Arkia. The airline faces financial difficulties, with estimated losses projected for the year.Economy · 1d agoIsrael Tax Authority Offers Relief on IP Carve-Outs in Startup AcquisitionsThe Israel Tax Authority has introduced new guidance to prevent "triple taxation" on intellectual property (IP) carve-outs during the acquisition of Israeli startups by foreign buyers. This guidance offers three potential solutions: establishing R&D centers, using joint ventures with cost-sharing, or developing new IP. These measures aim to reduce the tax burden, which can otherwise exceed 80% when IP is moved abroad after a share deal. The new rules are designed to encourage foreign investment while retaining R&D employment in Israel.Economy · 2d agoNoma Project Offers High-End Apartments in Jerusalem's Katamonim NeighborhoodThe NOMA project in Jerusalem's Katamonim neighborhood is offering 108 high-end apartments in two boutique buildings, with occupancy starting in July 2030. Developed by Bayit Yerushalayim Group, the project features modern amenities and residences starting at NIS 2.28 million. It aims to attract residents and investors to the revitalized area.Economy · 2d agoOndas Invests $1 Billion in Israel, Acquires 27 Defense Tech FirmsOndas has invested $1 billion in Israel over the past year, acquiring 27 defense-tech companies, mostly Israeli, to build its autonomous defense systems platform. CTO Dr. Judith Hocherman-Frommer stated that "Investment in Israel is becoming mission critical" due to rapidly evolving threats. The company is shifting towards mass production of affordable autonomous systems, exemplified by its Digital Bat program, leveraging the planned acquisition of Israeli firm ARAN Defense for manufacturing capabilities.Economy · 2d ago · also in 5 newsroomsVine Ventures Raises $236 Million for Third Fund, Focusing on Israeli TechVenture capital firm Vine Ventures announced a $236 million fundraising round for its third fund, its largest to date, bringing total assets to over $500 million. Approximately 50% of the new capital will be invested in Israeli companies, focusing on early-stage and growth-stage tech firms. The firm also expanded its team and advisory board with experienced industry leaders.Economy · 2d agoIndia and Israel Need Economic Deal Despite Strong TiesIndia and Israel, despite strong strategic ties, have not finalized a free trade agreement, with bilateral trade at $3.93 billion in 2025-26. Negotiations are complicated by differing economic priorities: Israel seeks market access, while India focuses on investment and domestic manufacturing. Both nations need to identify mutual economic benefits beyond just market access, potentially leveraging Israel's technological expertise in sectors like agriculture and advanced manufacturing. Addressing regulatory barriers and bureaucratic obstacles is crucial for Israeli companies to succeed in India's growing market.Economy · 3d agoEgypt Seeks Cypriot Gas Amid Shortages, But Israeli Supply Remains CrucialEgypt is increasing its reliance on Israeli natural gas imports to combat a domestic shortage, while also seeking new supplies from Cyprus. The country has deepened cuts to gas for fertilizer producers due to rising LNG import costs. Despite political tensions, the gas trade between Egypt and Israel remains vital for both economies. Development of Cypriot gas fields, particularly Aphrodite, faces significant delays due to unresolved disputes with Israel and transportation cost disagreements.Economy · 3d ago · also in 6 newsroomsDiscount Bank to Offer Crypto Trading Via App for First Time in IsraelDiscount Bank will become the first Israeli bank to offer cryptocurrency trading via its mobile app starting November 26, 2026, allowing customers to buy, sell, and hold Bitcoin and Ethereum. The service aims to simplify investment management by centralizing all assets and eliminating the need for separate digital wallets. This move, led by Avi Levi and Elad Fisher, is restricted to private customers aged 18+ and includes tax offsetting benefits, though the bank warns of significant investment risks.Economy · 3d agoOil Prices Climb Amid Strait of Hormuz Shipping ConcernsOil prices rose 1.1% on Wednesday, recovering from a two-month low amid concerns over shipping disruptions in the Strait of Hormuz. Tensions in the Persian Gulf and a high number of vessel attacks in October are impacting the market. Even with potential diplomatic progress, factors like mine clearance and shipowner willingness to take risks will affect shipping. Iran's stance on US demands remains a central variable for oil prices.Economy · 3d ago · also in 13 newsroomsRevolut Gets Green Light to Launch New Bank in IsraelThe Bank of Israel has approved the establishment of Revolut Bank Israel (In Formation), a new bank by the global Revolut Group. This is the third new bank license granted in Israel since December 2019, following a 40-year hiatus. The approval allows Revolut to proceed with operational preparations, with ongoing supervision from the Bank of Israel. Officials believe Revolut's entry will increase competition and offer diverse financial services to the Israeli public.Economy · 5d agoUS Law Firm Greenberg Traurig Navigates Israel, Gulf Ties Amid Business FocusUS law firm Greenberg Traurig's executive chairman, Richard Rosenbaum, discussed the firm's operations in Israel and the Gulf, emphasizing business opportunities over political aims. The firm, with offices in Tel Aviv since 2012 and in Riyadh, Dubai, and Abu Dhabi for about three years, has not faced business reluctance due to its Israeli ties. Rosenbaum also detailed the firm's efforts against rising antisemitism in the US, linking it to Israel's importance for global Jewry, and noted the firm's founding history of inclusion for Jewish lawyers.Economy · 6d ago · also in 2 newsroomsOECD Report Praises Israel's Pension System for High Returns and StabilityAn OECD report has recognized Israel's pension system for its high saver returns and stability, ranking it second globally for returns over the past decade. The system benefits from widespread public participation, largely due to a 2008 mandate, and low dependence on state funding. While returns are strong, experts caution that ensuring sufficient retirement income requires addressing a savings gap, particularly for women.Economy · 6d ago · also in 1 newsroomIsrair in Talks to Acquire Rival Arkia to Boost CompetitionIsraeli airline Israir is in preliminary talks to purchase its rival Arkia, aiming to create a stronger domestic aviation group to compete with foreign carriers. Israir CEO Uri Sirkis stated the acquisition would lead to significant cost savings and improved competitiveness. Arkia is reportedly facing a financial crisis, with losses estimated at $30 million for the first three quarters of 2026, though the company maintains its operations are stable.Economy · 6d agoIsraeli Firm Beyond Oil Taps Joe Colligan as US CEO for ExpansionIsraeli food tech company Beyond Oil appointed Joe Colligan as CEO of its US subsidiary in late October to drive expansion in the American foodservice market. Colligan, formerly of McCain Foods and OSI Group, will focus on large foodservice and retail operators. Beyond Oil's technology aims to reduce health risks and waste associated with frying oil. The company's stock rose 21% in the month before the announcement.Economy · 7d agoArkia Offers Discounted eSIM Data Packages Amidst Travel DisruptionsArkia Israel Airlines is offering passengers discounted eSIM data packages through a new partnership with Voye Global, with savings ranging from 20% to 36%. The service allows travelers to use mobile data abroad via digital SIM cards. This comes after Arkia faced issues selling tickets to Morocco and Japan, leading to flight cancellations and a lawsuit.Economy · 7d agoCalifornia Cafe Owner Fined $59,000 for Discovery ViolationsA federal court in California has ordered Abd al-Rahim Harara, owner of Jerusalem Coffee House, to pay $59,000 to plaintiff Michael R. Addis for violating court orders during evidence discovery. The fine stems from Harara's failure to provide documents and emails as required by at least six court orders. The payment order does not confirm discrimination allegations, which include claims that Addis was called "Jew" and "Zionist" by cafe employees. The business faces two other lawsuits, including one from the Justice Department, and has since closed to focus on its legal defense.Economy · 8d agoUS Election Aftermath: Investors Urged to Ignore Politics, Focus on FundamentalsFollowing the US "Blue wave" election, author Aaron Katsman advises investors to ignore political shifts and focus on economic fundamentals, arguing that the US economy's core strengths remain. He suggests that legislative gridlock resulting from a divided Congress can be beneficial for stability. Historically, markets have performed well under various political arrangements, with economic indicators being more crucial than party control. Katsman urges investors to avoid panic selling and maintain a long-term strategy based on personal financial goals, not political headlines.Economy · 9d ago · also in 1 newsroomIsraelis Spent Over NIS 51 Billion on Cards in October, Up 12.5% AnnuallyIsraelis spent NIS 51.6 billion on payment cards in October, a 12.5% increase from the previous year, according to SHVA data. While total spending rose, average daily spending decreased by 6.2% compared to September. Online transactions accounted for 57% of the total spending, reaching NIS 29.5 billion, but also saw a daily average decrease. Spending at physical businesses increased by 8.3% year-on-year, despite a slight daily average decrease from September.Economy · 9d ago · also in 6 newsroomsEl Al Reports Record Revenue but Lower Net Profit Amid Rising CostsEl Al reported record third-quarter revenue of $1.27 billion for 2026, an 18% increase, but its net profit declined by 14% to $175 million due to higher fuel costs and a one-time expense. The airline maintained a 95% passenger load factor and saw growth in its loyalty programs. CEO Levy Halevy praised employees and cited strong demand, though the company's stock fell despite the revenue record.Economy · 9d agoLuxury High-Rise Debuts at Jerusalem's GatewayThe Capital Jerusalem, a new 35-story luxury residential tower, has opened at the city's entrance near the Chords Bridge. It offers various apartment sizes, amenities like a heated pool and rooftop terrace, and is set to be occupied in summer 2029. Developed by a consortium of Israeli firms, residences start at NIS 4.8 million.Economy · 9d agoIsrael Explores Geothermal Energy Beyond Solar and WindIsrael's Energy Ministry is launching a pilot project in the Golan Heights to generate electricity from geothermal heat, diversifying its renewable energy sources beyond solar and wind. This clean, weather-independent energy aims to meet growing demand, driven by AI and economic growth. The initiative includes developing current and future technologies, with Minister Eli Cohen stressing the importance of energy security and leveraging Israeli innovation.Economy · 10d agoUS Midterms Won't Alter Israeli Companies' Market StrategiesIsraeli companies should maintain their U.S. market strategies despite midterm election results, as business decisions are driven by market demand and relationships, not politics. Economic ties between the U.S. and Israel are strong, with Israeli innovation contributing significantly to American jobs and economy. A new national network, the U.S.-Israel Innovation Exchange, has launched to provide Israeli startups with a unified gateway to the U.S. market, facilitating partnerships and investment.Economy · 11d ago · also in 2 newsroomsIsrael and Kazakhstan Sign Double Taxation Agreement After Decade of TalksIsrael and Kazakhstan signed an agreement to prevent double taxation on Monday, concluding over ten years of negotiations. The accord, signed in Jerusalem during the Israel-Kazakhstan Joint Economic Commission meeting, aims to boost bilateral investment and economic cooperation. Alongside the taxation agreement, both countries signed MOUs on AI, labor, and cybersecurity, and a joint declaration on space cooperation. The visit by Kazakhstan's Deputy Prime Minister, Zhaslan Madiyev, marks the highest-level Kazakh official visit to Israel in a decade.Economy · 11d agoBirthright Israel Hosts Global Leaders at Inaugural Business Summit in Tel AvivBirthright Israel's inaugural Global Business Summit concluded in Tel Aviv after gathering 350 international donors and business leaders from over 15 countries. The three-day event, held at the Hilton Tel Aviv, featured discussions on technology, investment, and philanthropy, and included a gala where Professor Miriam Adelson received a Lifetime Champion Award. The summit also included site visits to communities supported by Birthright, including those affected by the October 7 attacks.Economy · 11d ago · also in 2 newsroomsTech Employer Rankings Shift as Stability Trumps PerksThe 2026 Dun & Bradstreet "Best Tech Companies to Work For" report shows Israeli tech employees now prioritize job security and transparency over perks, driven by economic pressures. monday.com plummeted from 3rd to 35th place, while NVIDIA retained its top ranking. Junior employee satisfaction and competitive salaries at large firms are concerns, impacting talent retention.Economy · 11d agoHalf of Israelis to Skip November Sales Due to Cost of LivingApproximately 48% of Israelis will forgo planned purchases in November sales due to the cost of living, a survey by the Histadrut Consumers Authority found. While many plan to postpone purchases for discounts, financial constraints limit spending for nearly half. Consumers are also increasingly distrustful of sales offers and prioritize price, reliability, and return policies. The CEO of the Consumers Authority urged shoppers to compare prices and check conditions before buying.Economy · 11d agoIsrael Post Prepares for 40% Surge in November Package VolumeIsrael Post is preparing for a 30% to 40% increase in package volume in November due to major online sales events like Black Friday. The company is increasing staff and operational capacity to handle millions of packages expected throughout the month. Post Finance is also offering a secure, reloadable card to protect shoppers from fraud, while Israel Post provides tips for safe online purchasing.Economy · 13d ago · also in 2 newsroomsMizrahi-Tefahot Bank Offers NIS 1,000 Grant for Children's After-School ActivitiesBank Mizrahi-Tefahot is offering a NIS 1,000 grant to parents for children's after-school activities as part of a Bank of Israel initiative. A survey showed 70% of parents enroll children in activities, with 91% finding it a financial burden, yet 83% would cut other expenses first. Eligibility requires specific account activity and credit card usage, with the grant limited to the first 10,000 registrants. This program is part of a larger Bank of Israel mandate for banks to return NIS 3 billion in profits to the public over two years.Economy · 13d agoBazan Oil Refineries Petitions Haifa Municipality Over Business LicensesThe Bazan Group has petitioned the Haifa Municipality to renew its business operating licenses, which were temporarily extended for 60 days. The company filed the petition after the municipality summoned it for a hearing, with a new hearing now scheduled in about 30 days. Separately, Bazan received an order under the Clean Air Law regarding benzene emissions and renovation works at its Gadiv facilities, while continuing other maintenance operations.Economy · 14d ago · also in 1 newsroomHerzog Honors JFNA Fund for $240 Million in Loans to Israeli BusinessesPresident Isaac Herzog honored the Jewish Federations of North America (JFNA) Israel Small Business Loan Fund for providing over $240 million in loans to 4,132 Israeli businesses since October 7, 2023. The initiative, part of a larger emergency campaign that raised over $900 million, supported businesses and jobs impacted by the war. The fund utilized philanthropic capital to secure bank financing, with repaid loans being re-lent. Approximately 48% of the loans went to businesses in northern Israel and border areas.Economy · 14d agoIAI Earns Two Lockheed Martin Supplier Awards for Fighter Jet ProgramsIsrael Aerospace Industries (IAI) received two Lockheed Martin Aeronautics supplier awards in mid-October 2026 for its contributions to 2025 fighter jet programs. IAI was honored with the Mission Focused Award for F-16 components and the Ahead of Ready Award for F-35 wings. The awards recognize IAI's quality, delivery, and performance as a long-standing supplier to Lockheed Martin.Economy · 15d agoTax Insurance Offers Businesses and Investors Financial Protection Against RiskTax insurance provides financial protection for businesses and investors against unexpected tax challenges and potential liabilities. This specialized product transfers financial risk to insurers, offering greater certainty and facilitating transactions. The global tax insurance market is growing due to increasing tax complexity and international business operations, with Israel seeing rising adoption as its companies expand globally.Economy · 15d agoGerman Study Finds Trump Tariffs Failed to Shrink US Trade DeficitA German study found that President Donald Trump's tariffs and economic policies have failed to reduce the US trade deficit, which reached $130 billion in August. While growth and investment were robust, job creation lagged and inflation remained high. Foreign investment also declined significantly. The article additionally notes that the "US-Israeli war against Iran" is exacerbating US public debt.Economy · 16d agoGas Prices to Drop Sunday, Defying Expectations of a RiseGasoline prices in Israel will fall by 42 agorot per liter to NIS 7.35 on Sunday, November 5, defying earlier forecasts of an increase. The reduction is due to lower Mediterranean gasoline prices, despite a stronger dollar. However, prices could jump to NIS 8.35 on November 5 if Finance Minister Bezalel Smotrich does not extend a crucial excise tax cut, which expires November 3.Economy · 16d ago · also in 1 newsroomKFC Israel Files for Insolvency Amid NIS 50 Million DebtKFC Israel's franchisee, Smart Service K & K, has applied for insolvency proceedings due to approximately NIS 50 million in debts, blaming the October 7 attacks and subsequent security events for a sharp drop in revenue. The company, which operates 12 branches, seeks court protection to continue operating under a trustee while exploring rehabilitation. This follows a period of financial difficulty and previous branch closures, with further operational reductions being considered.Economy · 16d agoMajor Price Hikes Expected on Israeli Shelves Post-ElectionMajor food corporations in Israel are planning significant price increases, citing rising costs for raw materials, energy, and transportation. Companies like Unilever, Nestle, and Procter & Gamble have indicated potential hikes in 2027, despite recent market fluctuations and a strengthening shekel. Israel's market structure, with a few dominant suppliers, and its already high price levels exacerbate the issue. The incoming government is called upon to implement policies to address the cost of living and ensure price transparency.Economy · 16d ago · also in 1 newsroomAura Acquires Senior Living Provider Bayit Bakfar for NIS 1.7 BillionAura, controlled by Yaacov Atrakchi, has acquired full control of senior living provider Bayit Bakfar for NIS 1.7 billion, combining cash and company shares. The deal includes 975 existing units and plans for 884 new ones, marking Aura's expansion into the senior living sector. Bayit Bakfar reported NIS 109.6 million in revenue for 2025 and is advancing development projects in Be'er Ya'acov, Modi'in, and Kibbutz Usha.Economy · 16d ago · also in 1 newsroomIsraeli Food-Tech Firm Beyond Oil Partners With US Chain DuchessIsraeli food-tech company Beyond Oil has partnered with US fast-food chain Duchess Restaurants to implement its oil treatment technology across its 11 Connecticut locations. The agreement follows a pilot program and aims to improve food quality while reducing oil consumption and waste. This deal is the second major US partnership announced by Beyond Oil recently, following a similar agreement with a large buffet chain.Economy · 17d ago · also in 7 newsroomsYanki Quint Appointed Chairman of NewMed EnergyYanki Quint has been appointed the new chairman of NewMed Energy, effective November 1, 2026. He replaces Niv Sarne, who is now the general manager of the partnership. Quint, 53, previously led the Israel Land Authority. NewMed Energy is a partner in the Leviathan gas field, holding a 45% stake.Economy · 17d ago · also in 1 newsroomIsraeli Election Day Dining Habits Shift Dramatically, Wolt Data ShowsOn Israel's Election Day, food delivery app Wolt data shows pizza surpassed burgers in popularity as exit polls neared, with sushi also rising. Supermarkets saw a 35% surge in purchases, while fashion and electronics experienced significant drops. The data highlights how national events influence consumer behavior and ordering habits.Economy · 17d ago · also in 6 newsroomsIsraeli Markets Tumble Amid Election Uncertainty and Political DeadlockIsraeli financial markets plunged on Wednesday as preliminary election results pointed to a political deadlock, reversing two days of gains. The Tel Aviv stock indices fell sharply, the shekel weakened, and government bond yields rose. Investors had previously bet on a change in government, but the inconclusive outcome has created uncertainty. Markets are now focused on the practical implications for government formation and economic policy.Economy · 17d agoIran Economy Faces Severe Contraction Amid Soaring Inflation and Job CrisisIran's economy is facing a projected 25% contraction by March amid soaring inflation and a severe employment crisis, with up to 1.4 million people potentially leaving the labor market. Official inflation reached 89.8% in September 2026, making basic living costs unaffordable for many. The country has also reportedly sent significant funds to Hezbollah for military purposes. US Treasury Secretary Scott Bessent predicts the regime is bankrupt and advises citizens to prepare for further economic hardship.Economy · 17d agoBank of Jerusalem Stock Still Suffers After Employee Disappearance ScareBank of Jerusalem's stock has lost NIS 130 million in market value since August 12, 2026, after rumors linked employee Mali Yahalomi's disappearance to embezzlement. Although Yahalomi and her daughter were found safe and no wrongdoing was discovered, the bank's image was damaged. The stock has underperformed the banking index by 12.4 percentage points. Analysts suggest low trading volumes and a 31% drop in second-quarter profits may also be contributing to the stock's poor performance.Economy · 18d ago · also in 17 newsroomsIsraelis Spend Millions on Election Day, Exceeding Previous TotalsIsraelis spent NIS 250.78 million on Election Day using payment cards between 8 a.m. and 11 a.m., a 26.5% increase from the 2022 elections. The busiest minute saw NIS 2.39 million spent in 60 seconds. This spending surge indicates Israelis are actively shopping while participating in the democratic process.Economy · 18d ago · also in 1 newsroomIsraeli Defense Tech M&A Skyrockets to $3.26 Billion in First Half of 2026Merger and acquisition activity in Israel's defense technology sector surged to $3.26 billion in the first half of 2026, an 8.5-fold increase from the previous year. The Frost & Sullivan report highlights growing international demand for Israeli military technologies, especially in autonomous systems and counter-drone tech. US buyers led the acquisitions, followed by Israeli and European firms. Experts predict continued strong deal activity, emphasizing partnerships and domestic innovation.Economy · 18d ago · also in 1 newsroomFinance Ministry Unveils Austerity Plan to Fund Defense, Control DeficitIsrael's Finance Ministry has drafted a plan with austerity measures to fund a NIS 187 billion defense budget and control the deficit. Key proposals include ending a gasoline subsidy, taxing rental income, and potentially introducing a "Netflix tax." The next government will be responsible for implementing these policies, which are expected to increase fuel and other prices. The Tel Aviv Stock Exchange remained largely unaffected by recent warnings from Prime Minister Benjamin Netanyahu regarding the crypto economy.Economy · 19d ago · also in 1 newsroomBank of Israel Governor Warns of Deficit and Inflation Risks from Unchecked Defense SpendingBank of Israel Governor Prof. Amir Yaron warned that an unchecked defense budget will increase Israel's deficit and inflation, calling fiscal management the next government's top challenge. The Monetary Committee held the interest rate at 3.25%, citing economic uncertainty despite moderating inflation. The business sector criticized the decision as a missed opportunity for growth, while the central bank forecasts improved GDP and reduced deficits by 2027.Economy · 19d agoBirthright Israel to Host Inaugural Global Business Summit in Tel AvivBirthright Israel will host its first Taglit Global Business Summit in Tel Aviv from November 1-3, bringing together over 350 international and Israeli business leaders, investors, and philanthropists. The summit aims to foster business collaboration, strengthen global partnerships, and deepen commitment to Israel. President Isaac Herzog is expected to attend, and the event will feature prominent figures from business, technology, and philanthropy. The initiative highlights Birthright Israel's 26-year impact, which includes connecting nearly a million young Jews to Israel and contributing an estimated $2.6 billion to the Israeli economy.Economy · 20d agoIsrael Fuel Prices Poised to Surpass NIS 9 Per Liter Post-ElectionIsraeli fuel prices are expected to exceed NIS 9 per liter after November 3 when a temporary NIS 1 tax cut expires. This, combined with rising global oil prices due to potential conflict with Iran, will drive the increase. Finance Minister Bezalel Smotrich implemented the tax cut before elections, but its extension is uncertain. Even without the tax cut, prices were already set to rise.Economy · 20d agoMoody's Ratings Gap Between France and Israel Needs ScrutinyMoody's maintains a four-notch gap between France's and Israel's credit ratings, rating France significantly higher despite Israel's stronger economic indicators. Israel's GDP per capita and projected growth outpace France's, while its debt-to-GDP ratio and budget deficit are considerably lower. The author argues this disparity warrants scrutiny, questioning how Moody's weighs Israel's security risks against its economic resilience and France's fiscal challenges.Economy · 20d ago · also in 1 newsroomNetanyahu's 'Bypass Economy' Idea Sparks Outrage and ConcernPrime Minister Benjamin Netanyahu's suggestion of a "bypass economy" or "blockchain economy" for Israel has been met with severe criticism, with the author warning it could lead to international isolation and economic collapse. The proposal, which implies a shift away from global financial systems and potentially reduced U.S. aid, is seen as a dangerous departure from Israel's status as a technological hub. Critics argue that such a move would devastate the country's economy, alienate international partners, and place Israel alongside nations like North Korea and Iran.Economy · 20d agoAutomated Sausage Factory Opens Near Lebanon Border Despite Security ConcernsSoglowek has established a new, fully automated NIS 120 million sausage factory in Shlomi, located near the northern border with Lebanon. The advanced facility operates without human contact and aims to significantly increase production capacity. Despite a six-month delay due to the war and international travel restrictions, the factory is now nearing completion. Company chairman Zion Balas emphasized the investment as a long-term commitment to the region.Economy · 23d agoIsrael Faces Housing and Financial Hurdles for Incoming North American ImmigrantsIsrael anticipates over 4,000 North American immigrants in 2026, necessitating preparation for housing affordability and financial challenges. The strengthening shekel impacts immigrants' purchasing power, making housing more expensive. Solutions include exploring rental options, expanding housing searches to more affordable areas, and fostering community integration. The situation also offers investment opportunities for North American real estate investors.Economy · 23d ago · also in 2 newsroomsNetanyahu Touts Natural Gas as Strategic Asset During Platform VisitPrime Minister Benjamin Netanyahu visited the Leviathan natural gas platform on Thursday, highlighting its role as a strategic asset. The platform has generated NIS 32 billion since 2019, with total state revenues projected to exceed NIS 350 billion, including significant export income from Egypt. Netanyahu also noted savings for Israeli families and enhanced energy security, with operations resuming after a temporary shutdown in response to regional conflict.Economy · 23d agoIsrael Aerospace Industries to Go Public Within a Year, Chairman SaysIsrael Aerospace Industries (IAI) will conduct an initial public offering for a minority stake within the next year, according to incoming board chairman Boaz Levy. He stated the offering is necessary due to company growth, economic uncertainty, and budget constraints. Levy assured that the Israeli government would retain control of the national company. Preparations are advancing, including regulatory steps and internal AI development for security reasons.Economy · 23d ago · also in 17 newsroomsEgg Prices Set to Increase by 2.1% in Israel Starting November 1Egg prices in Israel will rise by approximately 2.1% starting November 1, 2026, the Agriculture Ministry announced. A 12-pack will cost between 27 and 33 agorot more, depending on size, due to increased production and marketing costs. This adjustment is part of an automatic pricing mechanism that reviews costs quarterly.Economy · 23d agoShai Schnitzer Seeks Diamond Exchange Presidency Amid Industry ChallengesShai Schnitzer is running for president of the Israeli Diamond Exchange, aiming to address industry challenges including tariffs, rising costs, and competition from lab-grown diamonds. His family has a long history with the exchange, with his grandfather and father having previously held leadership positions. Schnitzer believes his diplomatic experience and focus on relationships can help restore growth and attract investment to the Israeli diamond sector.Economy · 24d ago · also in 2 newsroomsAir Haifa Partners With Cal's FlyAll Card for Flight RewardsAir Haifa has partnered with Cal's FlyAll credit card, marking its first such agreement. This allows FlyAll cardholders to redeem rewards for Air Haifa flights, and FlyAll is the only card offering redemptions across all four Israeli airlines. The partnership aims to make Air Haifa flights more accessible and affordable, leveraging FlyAll's 200,000 cardholders. Air Haifa is Israel's newest airline, launched in September 2024.Economy · 24d agoRecord Investment Fuels Israel's Battle-Tested Defense Tech Start-upsGlobal investment in defense technology reached a record $40.8 billion in the first half of 2026, with Israel emerging as a leading hub for "battle-tested" defense start-ups. Driven by geopolitical tensions and demand for autonomous systems, investors are pouring capital into the sector, with Israeli companies benefiting from founders with direct military experience and technologies validated in real-world operations. Major exits and increasing valuations signal a maturing market, positioning Israel as a key supplier of next-generation defense technologies.Economy · 24d ago · also in 17 newsroomsBank of Israel Pauses Rate Cuts Ahead of ElectionThe Bank of Israel decided to keep its benchmark interest rate unchanged at 3.25% on Wednesday, halting a trend of three successive cuts. This pause occurs one week before a general election, with inflation remaining stable at 1.6% in September, within the bank's target range. The central bank had previously cut rates multiple times this year, with a brief pause earlier due to regional conflict and inflation fears.Economy · 24d ago · also in 2 newsroomsBakeries Seek Price Hike for Controlled Bread Amid Flour Cost SurgeIsraeli bakeries plan to ask the Economy Ministry to raise prices for government-controlled bread due to a 10%-15% increase in flour costs. The price hikes are driven by the Russia-Ukraine war's impact on wheat supply and higher import expenses. Manufacturers of other baked goods will also likely increase prices. The rising cost of flour is expected to affect consumers even if they buy flour for home baking.Economy · 24d ago · also in 3 newsroomsIsraeli Regulator Returns NIS 21.5 Million After Handling 17,000 Public InquiriesIsrael's Capital Market, Insurance and Savings Authority returned over NIS 21.5 million to the public in 2025 after handling 16,906 inquiries. The annual report detailed intervention success rates, with provident funds seeing relief in 60% of cases. The report also identified companies with favorable performance and those with higher inquiry rates relative to market share across various insurance and savings sectors. Commissioner Amit Gal highlighted the report's value in identifying market trends and failures.Economy · 25d ago · also in 3 newsroomsSwiss Cottage Cheese Imported to Israel Amid Severe Local ShortageSwiss cottage cheese is being imported to Israel for the first time to combat a severe domestic shortage. The imported product has a longer shelf life and is sold in non-kosher stores for NIS 8-9 per tub. Manufacturers cite holiday production halts for the shortage, which has persisted despite promises of resolution. The move by Euro Cheese aims to fill the gap left by empty shelves, with potential for kosher imports if demand is high.Economy · 26d ago · also in 6 newsroomsShufersal Expands Coffee Offerings Amid Rising Prices and CompetitionIsraeli supermarket chain Shufersal is expanding its coffee offerings with new brands and Nespresso-compatible capsules to increase competition and reduce supplier dependence. The move comes amid reports of rising coffee prices in Israel, with some analyses showing significant price increases over the past year. Shufersal aims to provide consumers with more choices and better prices through direct imports and brand development.Economy · 27d ago · also in 5 newsroomsIsraeli Court Orders Seven Charity Officials to Repay NIS 1.85 Million in Misused FundsAn Israeli court has ordered seven charity officials to repay NIS 1.85 million after finding that donations intended for children with cancer were diverted to another cause. Senior Judge Ron Sokol ruled that the officials breached their duties by allowing the transfer and submitting misleading reports. The funds, from the estate of Helen Hatab, were meant for cancer support but were transferred to a different charity. The court also found that attorney Galit Pauker Shemesh unlawfully received salary and rent payments.Economy · 27d ago · also in 3 newsroomsEconomists Warn Settlement Expansion, Jewish Terror Threaten Israel's EconomySixty-one senior Israeli economists warned that West Bank settlement expansion and unchecked Jewish violence against Palestinians pose a severe economic risk. They stated these actions could lead to international sanctions, economic isolation, and increased living costs for all Israelis. The economists urged immediate action to prevent escalating damage to the nation's economy.Economy · 27d agoNearly One in Three Israeli Students Considers Emigrating Amid Soaring Living CostsA survey of 12,000 Israeli students indicates that 29% are considering emigrating due to soaring living costs, with average monthly expenses at NIS 6,907. Many students rely heavily on parental aid and loans, while 81% work extensively alongside their studies. The war's impact is also felt, with reservists facing emotional and social challenges. Concerns about future employment and declining trust in the government are also significant factors influencing students' outlook.Economy · 27d ago · also in 3 newsroomsProofpoint Acquires Israeli Cybersecurity Firm Varonis Systems for $6.3 BillionProofpoint, owned by Thoma Bravo, will acquire Israeli cybersecurity firm Varonis Systems for approximately $6.3 billion in a cash deal expected to close in the first half of 2027. The acquisition offers Varonis shareholders a 52% premium on their shares and reflects a global rise in cybersecurity investments. Varonis, co-founded by Yaki Faitelson, has its R&D center in Herzliya and specializes in data security. The deal follows months of reports and speculation about Varonis exploring a sale.Economy · 28d ago · also in 1 newsroomUS and Israeli Business Groups Unite to Boost Economic Ties Amid BacklashDozens of US regional economic development groups met in Michigan to strengthen US-Israel business ties and counter growing opposition. The summit concluded with a memorandum of understanding to enhance cooperation. This effort aims to bolster economic relations amid increasing scrutiny of business with Israel, highlighted by a recent decision by New York City's comptroller to stop buying Israel bonds. Local protests in Michigan targeted public funding for the Michigan Israel Business Accelerator, which organizers defended as vital for promoting economic growth and countering antisemitism.Economy · 30d ago · also in 8 newsroomsWiz Founders Nearing Deal to Acquire McDonald's Israel FranchiseThe founders of cybersecurity company Wiz, including Assaf Rappaport, are in advanced talks to acquire the McDonald's franchise in Israel. This follows McDonald's global corporation's purchase of the Israeli operations in April 2024. The Wiz founders, who previously sold their company to Google for $32 billion, are competing against other prominent business groups. McDonald's Israel currently has 235 branches and an annual turnover of NIS 1.7 billion.Economy · 30d agoShekel Strengthens Past NIS 3.1 Against Dollar for First Time Since AprilThe Israeli shekel strengthened past NIS 3.1 against the US dollar on Thursday, reaching its highest point since April, according to the Bank of Israel. This marks a 1% increase in 24 hours, following a period of shekel depreciation that impacted businesses. In July, the Israel Innovation Authority launched a NIS 1 billion fund to support tech startups affected by the currency's appreciation. Experts note challenges in maintaining workforce competitiveness amid the strong shekel.Economy · 30d agoNew VC Firm Aliyah Ventures Funds Immigrant Entrepreneurs in IsraelA new venture capital firm, Aliyah Ventures, launched on Monday to fund startups founded by new immigrants to Israel, offering initial investments between $250,000 and $500,000. The firm, backed by partners like Google and AWS, also provides integration support and co-working spaces. Founder Ron Alpar aims to close the gap in immigrant entrepreneurship, noting that immigrants found fewer than 5% of Israeli "unicorns" compared to nearly 60% in the U.S. Aliyah Ventures plans to build a portfolio of 30-40 companies and has already invested in two AI-focused startups.Economy · 30d agoUS and Israel Deepen Economic Ties with New Innovation ExchangeEighty organizations signed a Memorandum of Understanding to enhance US-Israel economic ties following a summit in Detroit. The agreement establishes a national gateway for market intelligence and investment, and launches the US-Israel Innovation Exchange (USIIE) to accelerate partnerships and job growth. This initiative aims to build on existing successes, such as Israeli companies generating $13.3 billion in economic value and over 28,500 jobs in New York.Economy · 30d agoYear-End Tax Guide Offers Tips for Employees and Self-EmployedAs the 2026 tax year ends, CPA Yoram Shifer advises proactive tax planning for both employees and the self-employed to secure potential refunds. Key strategies include maximizing pension and study fund deposits, strategically timing expense recognition and income reporting, and checking paystubs for pension contributions on bonuses. Salaried employees and combat reservists may also be eligible for tax credits and refunds. Shifer urges prompt action before the year-end deadline to take full advantage of available tax benefits.Economy · 31d agoIsrael's Economic Future at Risk as Productivity Lags G7 Nations, Report WarnsA Shoresh Institution report warns Israel's economic future is at risk as its productivity falls significantly behind G7 nations. Total factor productivity was 15% below the G7 average in 2023, compared to 9% above in 1975. Factors contributing to this decline include educational gaps, demographic shifts, and brain drain. The report calls for urgent reforms in education, spending priorities, and governance to address the "closing window for change."Economy · 31d ago · also in 3 newsroomsDan Hotels' Bengaluru Property Joins Hilton's LXR Luxury BrandIsrael's Dan Hotels has joined its Bengaluru property, The Den Bengaluru, to Hilton's LXR Hotels & Resorts collection, marking the luxury brand's entry into India. The 226-room hotel, owned by Dan Hospitality India Pvt. Ltd. and managed by Hilton, will now be part of Hilton's luxury portfolio and loyalty program. The integration includes new guest programs focused on wellness and local experiences. Hilton's LXR brand currently has over 40 properties globally.Economy · 31d agoIsraelProperty.com Facilitates Property Journeys for Buyers and InvestorsIsraelProperty.com, co-founded by Maxim Cohen and Yonatan Hamburger, simplifies the Israeli property buying process for international and local clients. The company recently held an event at the Midtown Jerusalem development, highlighting its role in connecting buyers with properties and professionals. They aim to streamline the journey by offering a "one stop shop" for financing, legal services, and property searches, addressing frustrations with the traditional market. The platform also supports clients considering aliyah or investment, with plans to market new projects in Lod and Ashdod.Economy · 31d agoAshdod Port Executive to Lead International Innovation CommitteeRoy Avrahami, head of innovation at Ashdod Port Company, was elected president of the IAPORTS Innovation Committee for 2026-27, the first time the role will be held outside Latin America. The election, held September 28, signifies Ashdod Port's growing international role and commitment to maritime innovation. Avrahami aims to foster practical projects and cooperation between regions like Latin America and the Middle East. The committee will discuss sector developments including AI and automation.Economy · 31d agoStudy: Israeli Stock Market Reacts to Election UncertaintyAn analysis by the Tel Aviv Stock Exchange research unit shows the Israeli stock market weakens when traders anticipate an inconclusive election. However, the market generally sees strong gains in the year following any election, regardless of the outcome. Investors prioritize certainty over specific winners, and long-term market performance depends more on economic fundamentals than election results.Economy · 31d ago · also in 1 newsroomFitch Warns of Political Instability's Impact on Israel's Deficit ReductionFitch Ratings has kept Israel's credit rating unchanged but issued a negative outlook, citing fears that political instability following the upcoming elections could make deficit reduction difficult. The agency warns of a potential transition government or new elections, hindering crucial budget decisions amid rising public debt and defense expenditures. Despite these concerns, Fitch acknowledged Israel's economic strengths and projected growth, while noting that future rating changes depend on debt management and security developments.Economy · 32d agoYoung Entrepreneur Connects Israeli and Global Jewish Business LeadersTwenty-year-old entrepreneur Yinon Gal-On founded Worlds Meet to connect Israeli and global Jewish business leaders, fostering economic and social growth. The platform facilitates dialogue and partnerships between diverse groups, aiming to bridge societal divides. Since October 7, 2023, there has been increased interest in these cross-community connections. Gal-On's partner, Avner Stepak, noted the initiative's success in linking power centers and delivering economic value.Economy · 32d ago · also in 8 newsroomsTidhar Group to Cut 50 Jobs Four Months After IPOTidhar Group is laying off approximately 50 employees, about 5% of its workforce, just four months after its IPO. The restructuring aims to save NIS 30 million annually by improving efficiency, merging divisions, and reducing management layers. This move follows a NIS 1.7 billion IPO in June and a subsequent 5% drop in share price, occurring amid a construction market slowdown and investor pressure. CEO Uri Levin called the decision difficult but necessary for strategic goals.Economy · 32d agoEvent Catering Sector Faces Severe Financial Strain Amidst Ongoing UncertaintyThe event catering industry is facing severe financial hardship due to three years of ongoing uncertainty, leading to reduced profitability and companies avoiding commitments. Rising operational costs, particularly for labor and raw materials, have increased service prices while client budgets have decreased. Banks are also restricting credit access, classifying the sector as high-risk. Only the largest companies with significant financial reserves are managing to survive the crisis.Economy · 33d ago · also in 1 newsroomAfrica Israel Hotels Launches Election-Themed DiscountsAfrica Israel Hotels is offering election-themed discounts of up to 35%, with rates starting at NIS 674 per night. The promotion covers selected hotels across its Crowne Plaza, Vert, Poli, and Indigo brands throughout Israel. Prices and availability vary, and bookings can be made online or by phone. Specific details on eligible dates and deadlines were not provided.Economy · 33d agoAI Agents Poised to Disrupt Banking by Driving Up Interest CostsArtificial intelligence agents are threatening to disrupt the banking industry by automating the process of moving customer funds to higher-yield accounts, potentially costing banks billions annually. In the U.S., a rise in interest rates driven by AI could cost the industry $79 billion per year. Experiments show AI agents are moving from recommendations to executing transactions. While banks also use AI for efficiency, the main threat comes from customer-facing agents seeking better deals, a trend also recognized by the Bank of Israel.Economy · 33d ago · also in 7 newsroomsShuk Hertzel Acquires Stop Market Chain for NIS 680 MillionShuk Hertzel, owned by Dudu Ezra Holdings Group, is acquiring the Stop Market supermarket chain for approximately NIS 680 million, with financing from Bank Hapoalim. The deal, approved by the Competition Authority, combines 23 existing branches, with plans to open 10 new ones in the coming year. The merged entity aims to reach NIS 2 billion in annual turnover by the end of 2027. This strategic move is expected to create synergies and expand the group's market presence.Economy · 33d ago · also in 5 newsroomsBank Leumi Partners with Aspire to Manage Tech Employee Stock PlansBank Leumi has partnered with Aspire, forming a new trust company where Leumi holds a 51% stake, to manage tech employee stock plans and M&A trust services. This venture expands Leumi's offerings into a market traditionally led by private investment firms. The new company will be managed by Vanessa Monowicz and aims to provide comprehensive solutions for businesses, particularly in the technology sector. The partnership is seen as a strategic move by Leumi to enhance its services for corporate clients.Economy · 33d ago · also in 1 newsroomIsraeli Bankers to Attend IMF Conference in Bangkok, Highlight Economic StrengthsIsraeli bank executives and economists, led by Bank of Israel Governor Amir Yaron, will attend the IMF conference in Bangkok this week. They plan to highlight Israel's economic strengths, including growth and exports, despite the ongoing war. Global topics like oil prices, inflation, and interest rates will also be discussed, potentially influencing Israel's upcoming interest rate decision.Economy · 34d agoEL AL Director: Flight Connectivity is Strategic Infrastructure for IsraelEL AL Director Stanley Morais declared flight connectivity a strategic infrastructure for Israel at a diplomatic conference. He stated the airline's post-October 7th operations were a national responsibility, maintaining essential global links. Morais noted the Abraham Accords have boosted regional travel and that EL AL must operate through uncertainty and seize diplomatic opportunities.Economy · 34d agoMekorot CEO Cites Innovation, Planning, and Technology for Water Sector SuccessMekorot Acting CEO Barak Graber outlined the keys to Israel's water sector success at the Jerusalem Post Diplomatic Conference, emphasizing innovation, long-term planning, and technology. He noted Israel's water surplus, driven by desalination, and Mekorot's role as a comprehensive water solutions provider. Graber also discussed the company's international work and Israel's experience in managing transborder water issues through innovative agreements.Economy · 34d ago · also in 21 newsroomsIsraeli Food Prices Jumped 19% Over Four Years, University Study FindsA Tel Aviv University study reveals that Israeli food prices have increased by nearly 20% over the last four years, a rate five times higher than the previous period. Specific products like chocolate and burekas saw dramatic price jumps. Researchers attribute the surge to a combination of rising operational costs, weak competition, and a lack of government intervention on the cost of living, disproportionately affecting low-income families.Economy · 34d ago · also in 1 newsroomMiddle East War, Energy Crisis to Dominate IMF-World Bank Meetings in ThailandGlobal finance officials meeting in Thailand this week will focus on the Middle East conflict and energy crisis, which threaten global economic growth. The "US-Israeli-led war with Iran," now in its eighth month, is a primary concern, alongside rising inflation and interest rates. World Bank President Ajay Banga and IMF Managing Director Kristalina Georgieva have warned of mounting economic pressures. Growing public debt, particularly in developing nations, adds another layer of vulnerability, with concerns about potential austerity measures linked to IMF loan conditions.Economy · 36d agoPersonalized Investment Portfolios Essential, Not Market TrendsFinancial professional Aaron Katzman argues that successful investment portfolios are built on individual goals, time horizons, and risk tolerance, not market trends. He uses the Torah's description of "seas" as a metaphor for the diverse needs of millions of investors within a single global market. Katzman stresses that risk tolerance is crucial and that investment strategies must align with personal financial objectives, as a one-size-fits-all approach is ineffective.Economy · 37d agoMiddle East Economy to Shrink 2.1% in 2026, World Bank ForecastsThe World Bank forecasts the Middle East's economy will shrink by 2.1% in 2026, with Gulf economies contracting by 4.3% due to factors like the Strait of Hormuz blockade and inflation. Qatar and Kuwait are expected to be the hardest hit, while Iraq and Iran face significant GDP declines. The report projects a potential 7.8% rebound in 2027 if the conflict ends this year, but warns of further risks from extreme weather impacting food security.Economy · 37d ago · also in 1 newsroomNewMed Energy Cancels $6.7 Billion Gas Deal with Dalia EnergiesNewMed Energy and Ratio have canceled a $6.7 billion gas supply deal with Dalia Energies, citing approval delays. Dalia Energies disputes the cancellation, claiming all terms were met and vowing legal action. The deal involved gas from the Leviathan field, and its cancellation may be linked to global market changes.Economy · 38d ago · also in 2 newsroomsIsrael Electricity Reform Sees Over 2 Million Customers Switch to Private SuppliersOver two million Israeli customers have switched from the Israel Electric Corporation to private suppliers since the start of 2025 as part of a government reform to lower living costs. Customers are saving between 7% and 20% on their electricity bills due to increased competition and lower generation costs. In September, over 23,000 switching requests were submitted. Energy Minister Eli Cohen called it the most significant economic reform since cellular services were introduced, aiming to break the IEC's monopoly.Economy · 39d ago · also in 7 newsroomsIsrael Approves $6.7 Billion Leviathan Gas Deal for Dalia PowerCompetition Commissioner Michal Cohen approved a $6.7 billion natural gas deal between Dalia Power and Leviathan field partners NewMed Energy and Ratio Energies. The agreement, signed May 19, 2026, will supply gas to two new power plants starting January 1, 2030. The deal was approved unconditionally, with the commissioner finding it would not harm competition, though a secondary trading restriction clause requires further assessment by the parties.Economy · 39d ago · also in 4 newsroomsTshuva's Ithaca Energy Buys Canadian Oil Assets for $860 MillionYitzhak Tshuva's Ithaca Energy is investing $860 million to acquire Canadian oil assets, including 103 million barrels. The deal aims to expand Ithaca's operations beyond the North Sea and boost its daily production significantly.Economy · 40d ago · also in 3 newsroomsIsraeli Businessman's $19 Billion Florida Project Gets Green LightIsraeli businessman Bebo Kovo received final approval for his $19 billion Tuscany Plan real estate project in Florida. The development near Orlando will feature thousands of apartments, hotel rooms, and commercial space, aiming to blend luxury living with entertainment and hospitality.Economy · 40d ago · also in 4 newsroomsHOT Mobile Acquired by Delek Israel, Keystone, Leumi Partners for NIS 1.88 BillionHOT Mobile has been sold for approximately NIS 1.88 billion to Delek Israel, Keystone, and Leumi Partners. The HOT Group stated the sale aligns with its strategy to focus on core operations after 15 years leading the mobile market.