Newsroom
Kikar HaShabbat
Haredi news site covering community, politics and religious affairs. We translate its reports into English and compare them with 43 other newsrooms.
Group in the coverage barHaredi pressIts own lean is rated Right.
FundingCommercial advertising
Language and baseHebrew · Bnei BrakFounded 2009
The last 30 days
2,557reports translated
63%first to report
78 mintypical time behind the first report
100%carry a named author
1%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 Kikar HaShabbat writes
Kikar HaShabbat's tone this month is neutral, close to the rest of the Haredi press. On Netanyahu, the police, the IDF, the Knesset and Eisenkot its wording is in step with the other newsrooms.
From 2,544 reports this month, judged without the newsroom's name. How this is measuredOnly Kikar HaShabbat had it
Top Rabbi Asserts Torah Commandments Unchanged by ArrestsPolitics · 6h agoRabbi Machfoud Compares Yemenite Child Conversion Attempts to Current Threats to Torah WorldCulture · 6h agoTwo Men Found Dead in Tel Aviv and Haifa ApartmentsSecurity · 7h agoBig stories Kikar HaShabbat skipped
Grenade Attack Kills Woman in Northern Israel; Protection Racket SuspectedCovered by 20 newsroomsMossad Chief Met CIA Director in US Amid Iran TensionsCovered by 16 newsroomsIsraeli Arrested in Bulgaria Murder Case Linked to MillionsCovered by 15 newsroomsLatest from Kikar HaShabbat
Economy · 2d ago · also in 1 newsroomNew Housing Project in Safed Offers Potential for Significant ProfitThe "Oranim Heights" project in Safed is offering 80 private homes starting with 160,000 NIS equity, aiming for immediate savings and future appreciation. The development is part of Safed's larger urban growth plan, promising improved infrastructure and amenities. Early buyers can benefit from a limited-time promotion of up to 100,000 NIS off the land component.Economy · 2d agoDiscount Apartments in Elad Face Market Shift, Potential Financial PitfallsA new 'Dirah Ba'Hnacha' apartment sale in Elad faces a challenging market due to falling second-hand prices and increased supply. While past buyers saw significant profits, current participants may see reduced gains and face high mortgage payments. The developer's strategy of attaching costly storage units further complicates affordability. The author suggests the project is suitable for patient investors, warning those seeking quick profits with limited funds against potential financial hardship.Economy · 2d agoMama Ouf Launches Premium Kosher Chicken Products for Haredi MarketMama Ouf, a Tnuva brand, has launched a new line of premium kosher chicken products for the Haredi community. The range includes schnitzel and chicken fingers made from 100% chicken breast, designed for quick preparation. The products aim to provide a nutritious and tasty meal solution for children without compromising on quality or flavor.Economy · 2d agoRabbi Offers Daily Encouragement on Financial Well-beingRabbi Yigal Cohen is featured in a daily encouragement segment from Kikar HaShabbat that discusses financial well-being. The segment, titled "Do You Have Enough Money? Think Again," encourages viewers to reflect on their spending and personal responsibility regarding finances. The content is presented as daily spiritual and practical guidance.Economy · 2d ago · also in 1 newsroomNational Insurance Offers Parents Options to Boost Child SavingsIsrael's National Insurance Institute is offering parents a way to significantly increase their children's savings, potentially reaching NIS 100,000 by age 21. Parents can check their child's current savings plan and take simple actions to influence their financial future. The initiative aims to boost long-term financial security for children.Economy · 3d ago · also in 4 newsroomsOsem-Nestle Launches PRO FIBER Products Combining Protein and FiberOsem-Nestle has launched PRO FIBER, a new product line in Israel that combines protein and dietary fiber in popular brands like Fitness and Tivol. This initiative addresses a growing consumer demand for enhanced nutritional value. Research indicates a significant gap in consumer knowledge regarding recommended daily intake of both protein and fiber. The company plans to expand the PRO FIBER line to include more Osem brands throughout 2027, aiming to make nutritious food choices more accessible.Economy · 4d ago · also in 13 newsroomsDigital Bank Revolut Receives Conditional License to Operate in IsraelThe Bank of Israel has issued a conditional license to Revolut, a global digital banking group, to establish a new bank in Israel. This move is intended to boost competition in the Israeli financial sector after a 40-year drought of new bank licenses. Governor Amir Yaron met with Revolut's leadership in 2022 to encourage their entry into the market. The bank will operate under close supervision until permanent licensing is granted.Economy · 4d agoInterior Ministry Director Praises Law Firm's Debt Collection SuccessesYisrael Oz, Director General of the Ministry of Interior, praised attorney Yosef Weitzman's firm for its impressive achievements in legal debt collection for local authorities and water corporations. Oz visited Weitzman's offices, where he was briefed on the firm's operations and high success rates, emphasizing the positive impact on municipal services. Weitzman highlighted the firm's use of technology and legal expertise to enhance collection efficiency and thanked Oz for his recognition.Economy · 4d agoFinancing Firm 'Kesef' Inaugurates New Offices in Beit ShemeshThe financing company 'Kesef, Smart Finance' inaugurated its new offices in Beit Shemesh. The event was attended by religious leaders, public figures, and senior officials from the banking and financing sectors. The company, co-led by Chaim Zilberberg and Natan Zilberberg, provides financing solutions for developers, companies, and associations. The new offices aim to expand the company's services and support its clients.Economy · 4d agoTwo Israeli Supermarket Chains Slash Prices by 50% for Six DaysTwo Israeli supermarket chains, Nativ Ha'Chesed and Barkel Tov, are holding a six-day sale from November 8-13, 2026, offering 50% off selected products. The promotion aims to help families save on essential household items, with discounts on products like rice, crackers, and cooking oil. Shoppers are advised to check participating items and stock availability.Economy · 5d agoInvestment Expert Challenges Perceptions of Haredi Economic BurdenInvestment professional Tamir Mendoevsky has challenged the notion that the Haredi (ultra-Orthodox) community is a significant economic burden on secular Israelis, citing that yeshiva budgets are only 0.27% of the national budget. He also criticized Israel's broad welfare system, advocating for targeted aid. Mendoevsky highlighted the financial pressures on Haredi families regarding early marriages and the risks of "get-rich-quick" schemes. His investment philosophy promotes long-term, patient investing in broad market indices.Economy · 6d agoRegional Council Must Pay Hundreds of Thousands for Hosting Fire EvacueesThe Modi'in Region Council has been ordered by the Central District Court in Lod to pay NIS 218,243 plus interest and significant legal costs to a hosting company for services provided to families displaced by a 2019 fire. The court rejected the council's appeal, finding its attempts to evade payment and its procedural delays unjustified. The ruling concludes the council's prolonged legal battle to avoid settling the debt for the temporary housing.Economy · 9d agoInvestor Advisors Accused of Misleading Clients for Personal GainAn article by Yaakov Reinitz warns that some "investor advisors" in Israel's real estate market may be disguised brokers pushing specific projects for personal gain. A couple reportedly lost money after being steered into unfavorable deals by an advisor who became unreachable. Reinitz advises potential clients to verify advisors' potential conflicts of interest, ensure they are presented with diverse options, and seek references before engaging their services.Economy · 9d agoInvestor Advisors Accused of Masking as Real Estate BrokersAuthor Yaakov Reinitz warns that some "investor advisors" in Israel's real estate market may be acting as disguised brokers, steering clients towards specific projects for personal gain. A couple reportedly lost money after their advisor allegedly directed them to particular deals, despite paying significant fees. Reinitz advises potential clients to vet advisors by checking for undisclosed commissions, examining the range of options presented, and seeking client references to ensure the advisor prioritizes investor interests.Economy · 9d agoIsrael's Ma'alot Offers Quiet Living, Real Estate Boom Fueled by Tourism ProjectThe northern Israeli city of Ma'alot Tarshiha is promoting a tranquil lifestyle and experiencing a real estate boom driven by a major tourism development around Monfort Lake. The project includes hotels, commercial spaces, and attractions, with significant public and private investment. Accessibility will improve with the extension of Highway 6, and property prices are rising amidst extensive construction. The city offers tax benefits and appeals to those seeking a quiet life and community contribution.Economy · 10d agoFuel Prices Set to Rise Again as Tax Discount ShrinksGasoline prices in Israel will rise at midnight as the excise tax discount is reduced from one shekel to 50 agorot. The price had previously fallen to 7.35 shekels per liter earlier in the month. The new price, which will be higher, will be in effect until the end of the month.Economy · 10d agoFuel Prices to Jump as Tax Discount Nears EndGasoline prices in Israel will rise at midnight as a NIS 1 tax discount ends and is replaced by a NIS 0.50 discount. The price had previously fallen to NIS 7.35 per liter at the start of the month. The new, higher price will be in effect until the end of the month.Economy · 10d ago · also in 5 newsroomsFuel Prices to Rise by 50 Agorot Per Liter TonightThe price of 95-octane gasoline in Israel will rise by 50 agorot per liter to NIS 7.85 starting tonight, with the tax discount halved. The new price is effective until the end of November. Meanwhile, regulations have been eased to facilitate the installation of fast-charging stations for electric vehicles at gas stations, allowing for additional building rights.Economy · 10d agoCourt Rules Ex-Wife Cannot Claim Old Home Value After DelayThe Tel Aviv District Court ruled against a former wife's attempt to claim her marital home based on an outdated 2020 valuation, despite its value increasing by over NIS 1.11 million. The court found her demand to be in bad faith, as she had delayed property division proceedings. The ruling also upheld the wife's obligation to pay usage fees for the home and ordered her to pay NIS 35,000 in legal costs to her ex-husband.Economy · 11d agoCourt Awards Buyers 265,000 Shekels for Hidden Water DamageA Haifa couple will receive 265,000 shekels in compensation after a court found sellers concealed significant water damage and flooding issues in a renovated apartment. The sellers knew about the problems, including past legal actions and a 2015 flood, but did not disclose them. The court emphasized the seller's legal obligation to reveal the apartment's history, even when sold as renovated. This decision aligns with other Israeli rulings on undisclosed property defects.Economy · 11d agoHaifa Entrepreneur Sues Chief Rabbinate for $8.6 Million Over Land Control ClaimA Haifa-based internet entrepreneur has filed an 8.6 million shekel lawsuit against Israel's Chief Rabbinate, claiming priestly lineage and demanding control over all land. He alleges the Rabbinate's inaction hindered his tech business and family livelihood. A judge dismissed his request for a fee waiver, questioning the court's jurisdiction and ordering payment within seven days or dismissal.Economy · 11d agoUnsold Apartments Can Become a Financial ToolMoshe Feldmar, VP at Adit Finance, proposes that unsold apartments can serve as collateral for financing, providing liquidity for real estate developers. This approach allows developers to avoid price reductions and manage cash flow, especially in a slow market. However, careful financial assessment is crucial to ensure the strategy is viable and doesn't merely delay problems.Economy · 13d agoCourt Rules No Binding Contract After Seller Backs Out of DealA woman who sold her apartment in Kiryat Bialik to buy a new one in Eilat was left without either after the Eilat seller canceled the deal. The Be'er Sheva District Court ruled no binding contract existed, as essential terms like payment schedules were unresolved. However, Judge Yaakov Danino criticized the seller for bad faith, preventing the buyer from being forced to pay court costs. The ruling emphasizes the need for signed agreements before irreversible actions like selling a home.Economy · 13d agoLife Insurance No Longer Taboo in Haredi CommunityLife insurance, once a taboo subject, is gaining acceptance in Israel's Haredi community due to a shift in awareness and rabbinical endorsements. The coverage provides a financial safety net for families in case of the breadwinner's death, enabling them to maintain their standard of living. Experts emphasize the importance of securing policies early due to age and health factors influencing cost. Insurance agencies like 'Keter Magen' offer tailored solutions for Haredi families.Economy · 13d agoWorker Injured in Hotel Pool During Company Retreat Loses Labor Court CaseAn Ashdod Port Company employee injured in a hotel pool during a company retreat had his claim for work accident recognition denied by the Regional Labor Court. The court ruled the retreat's main purpose was to incentivize holiday work, not organizational team-building. It also found the pool activity was a personal choice during free time. The ruling clarifies that employer-sponsored retreats do not automatically qualify injuries as work accidents.Economy · 15d ago · also in 4 newsroomsFitch Warns of Political Instability, Rising Debt After Israeli ElectionCredit rating agency Fitch warned that Israel faces prolonged political uncertainty and paralysis after the recent elections, potentially leading to new elections in April. The agency forecasts that operating without an approved budget will significantly limit expenditures, and the government debt-to-GDP ratio is expected to rise. Fitch previously downgraded Israel's rating in 2024 due to the war and geopolitical risks.Economy · 16d agoElection Results Offer Clues to Shifting Ultra-Orthodox Real Estate LandscapeElection results can serve as an indicator for the ultra-Orthodox real estate market, showing where families are relocating due to high prices in established cities. Analysis of voting patterns in peripheral areas, compared to previous elections, can identify emerging communities and future residential hubs. This data, when combined with housing and population movement information, offers insights into demographic shifts and their impact on the real estate landscape.Economy · 16d ago · also in 11 newsroomsFuel Prices to Drop Then Rise Sharply in Early NovemberFuel prices in Israel will decrease by 42 agorot to NIS 7.35 per liter for 95-octane gasoline at self-service stations starting November 1st. However, prices are set to jump to NIS 8.35 per liter on November 5th if a temporary excise tax order expires. The surcharge for full service will remain unchanged.Economy · 16d agoLegal Representation Crucial for Insolvency Proceedings, Says AttorneyAttorney Yosef Weitzman asserts that effective legal representation is vital in insolvency proceedings, as the presentation of financial data and personal circumstances significantly influences rehabilitation plans. He explains that trustees review a debtor's situation, and accurate reporting by legal counsel is crucial for a fair outcome. Weitzman advises debtors to carefully review trustee reports and consider alternatives to insolvency if appropriate, emphasizing that proper preparation and management are key to financial recovery.Economy · 17d agoHandshake Deal Leads to NIS 1 Million Lawsuit, Court Rulings Highlight Property RightsA handshake property deal has led to a lawsuit demanding NIS 1 million. Separately, a father sought to alter alimony after learning his children receive disability benefits. A court also ruled against a non-defending landlord, allowing urban renewal without compensation, impacting property rights.Economy · 17d agoNavigating International Moves: Tax Implications for Israelis AbroadMoving abroad for work necessitates careful tax planning to manage Israeli residency status and avoid unexpected liabilities. Israeli tax authorities determine residency based on the 'center of life,' not just where income is earned. Individuals should proactively consult tax professionals, document their foreign residency, and understand the implications for assets, pensions, and insurance. Planning ahead, ideally months before departure, is key to a smooth transition and avoiding future complications.Economy · 18d ago · also in 3 newsroomsIsraelis Spend Big on Election Day Amidst Record Spending SurgeIsraelis spent NIS 250.78 million on election day morning, a 26.5% increase from the previous Knesset election, according to Shva data. Spending peaked at 10:57 AM with over 11,300 transactions. This surge contrasts with decreased spending during past security escalations. The election for the 26th Knesset involves 7.3 million voters at 12,000 polling stations.Economy · 19d agoRami Levy's Private Label Products Offer Significant Savings, Investigation RevealsAn Israeli TV program revealed that Rami Levy's private label products, such as tahini and pickles, are made on the same production lines as expensive brands. These private label items cost up to 28% less without sacrificing quality or kosher standards. The investigation suggests consumers are overpaying for brand names and their marketing. The findings encourage shoppers to choose private labels for better value.Economy · 20d agoBnei Brak Municipality Faces Potential Strike Over Staff ConditionsThe Bnei Brak Municipal Workers' Committee is threatening a warning strike, delaying kindergarten openings to 9:30 AM, over disputes concerning teacher and assistant employment conditions. The committee claims changes to attendance and substitute assignments will harm staff, while the municipality denies these claims, stating salaries are protected and they are working to improve operations. The conflict is expected to impact numerous parents as both sides remain firm in their positions.Economy · 20d agoBnei Brak Kindergartens Face Disruption Over Pay DisputeKindergarten teachers in Bnei Brak plan a partial strike on Monday, delaying the start of classes by 1.5 hours due to a dispute over pay and working conditions. The municipality has instructed kindergartens to open at the regular time and warned of salary deductions for late openings. City Manager Yisrael Einstein acknowledged parents' frustration and the nationwide shortage of aides, urging residents to recommend candidates. The workers' council stated the delay is a one-day protest after negotiations failed, blaming the city administration for the ongoing issues.Economy · 20d agoAttorney Warns of Debt Traps Amidst Election SeasonAttorney Yosef Weitzman warns that individuals and businesses in financial distress need immediate solutions, not just future political policies. He advises seeking professional help early to assess debts, income, and assets, emphasizing that efforts to merely postpone payments can worsen the situation. Weitzman's firm negotiates debt arrangements by understanding both debtor and creditor needs, aiming for sustainable solutions that avoid prolonged legal battles and personal distress.Economy · 20d agoIsraeli Families Explore Dubai Real Estate Amid Rising PricesHundreds of Israeli families, particularly from the Haredi community, are increasingly investing in Dubai real estate by leveraging equity from their Israeli homes. Prices for two-bedroom apartments in Dubai have risen by nearly 12% in the past year, now starting around 950,000 shekels. New projects are targeting younger professionals, and the market is becoming more accessible to a broader range of Israeli investors.Economy · 20d ago · also in 8 newsroomsIsrael Fuel Prices May Surge to Record High This WeekendIsraeli gasoline prices are poised to hit a record high of around 9 shekels per liter by Saturday, driven by a potential end to a tax reduction, rising global oil prices, and a stronger dollar. Finance Minister Bezalel Smotrich has not yet decided whether to extend the tax break, which costs the state 300 million shekels monthly. Economists warn the surge could increase inflation by 0.5% in November, impacting transportation and consumer goods.Economy · 20d ago · also in 1 newsroomNew Vehicle Registrations Shatter Record Amidst Import DeclineIsrael registered a record 290,000 new passenger cars in the past year, despite a 25% decrease in overall vehicle imports. Electric vehicles from China have captured a dominant share of the market. The data from the Tax Authority indicates strong consumer demand, with accelerated imports noted in December 2024.Economy · 21d agoCourt Orders Payment for Full Lot After Minor Encroachment ClaimFour property owners claimed only minor encroachment on public land, but a court ruled their actions prevented the state from using a full 488-square-meter lot. The court ordered them to pay usage fees and legal costs. The decision highlights the consequences of even small land use infringements.Economy · 21d agoCourt Orders Property Owners to Pay for Full Public Lot After Minor EncroachmentFour property rights holders in Julis were ordered by a court to pay the Israel Land Authority NIS 73,065 for unauthorized use of public land. Despite claims of only a minor 10-centimeter encroachment, the judge ruled their actions prevented the state from using the entire 488-square-meter lot. The ruling followed a 2013 eviction order that was allegedly not fully complied with. The total payment, including costs and fees, amounts to NIS 88,765.Economy · 22d agoBnei Brak Kindergarten Teachers Launch Protest, Delaying Start of School DayKindergarten teachers in Bnei Brak will delay the start of the school day by 90 minutes on Monday, October 30th, due to a labor dispute over working conditions. The protest, initiated by the workers' committee, will affect parents and staff. This action occurs amidst broader government recognition of Haredi kindergarten networks and efforts to improve their funding based on teacher seniority.Economy · 23d ago · also in 17 newsroomsEgg Prices to Rise by 2.1% in Israel Starting November 2026Maximum controlled egg prices in Israel will increase by approximately 2.1% starting November 1, 2026. The Ministry of Agriculture and Food Security stated the rise reflects increased production and marketing costs. The automatic pricing mechanism adjusts prices based on quarterly reviews. Consumers are advised to purchase eggs only from licensed, supervised sources.Economy · 24d ago · also in 1 newsroomBank of Israel Forecasts Strong Economic Growth for This Year and NextThe Bank of Israel forecasts a strong economic outlook, predicting 5.6% growth this year and 7.5% in 2026. The central bank also expects the unemployment rate to fall to 3% and inflation to stand at 1.6%. These projections indicate a significant economic rebound and sustained momentum.Economy · 24d ago · also in 17 newsroomsBank of Israel Holds Interest Rate Steady at 3.25% Amidst Economic FactorsThe Bank of Israel's Monetary Committee decided to keep the interest rate unchanged at 3.25%, halting a trend of three consecutive cuts. This decision was influenced by a weakening shekel, ongoing political and security uncertainties, and a moderate domestic economic recovery, despite inflation being below the target range. Analysts suggest further rate cuts are possible later this year if economic conditions permit, with inflation, shekel stability, and security being key factors.Economy · 24d ago · also in 1 newsroomNational Labor Federation Wins Representation Battle at Maccabi HealthcareThe National Labor Federation (NLF) has retained its representation of Maccabi Healthcare Services employees after a six-month campaign by the Histadrut Ha'Klallit to take over. The NLF claims the Histadrut Ha'Klallit failed to secure the required majority, citing numerous invalid forms. NLF CEO Itamar Sharoni criticized the Histadrut Ha'Klallit's efforts as a waste of funds and a violation of labor law. The NLF will continue to represent Maccabi employees.Economy · 24d agoNew Website Offers Wholesale Prices for Single ItemsA new Israeli website is now offering wholesale prices on individual products, a change from the traditional requirement of buying in bulk. This platform allows consumers to purchase single items at reduced rates. The service aims to make lower prices accessible to a wider range of shoppers.Economy · 24d agoHow to Get Bargains: The 'Brother-in-Law' Secret RevealedA new platform called Chassaka allows Israelis to achieve lower prices by forming group purchases, mimicking the strategy of a "brother-in-law" known for getting deals. Users join or create buying groups for products, and if enough members sign up, a discounted price is negotiated. Payment is only required if the deal is successful, empowering consumers against traditional retail pricing.Economy · 25d agoBilu Junction Land Parcel Offers High Investment PotentialThe "Bilu Junction" complex near Kaplan Medical Center is attracting private investors due to its strategic location along a future metro line and regional development plans. With initial capital starting at 99,000 NIS, the area offers high potential for property value appreciation. Developers and investors are recognizing its importance for real estate investment in central Israel.Economy · 25d agoLast Land Reserve in Bilu Village Opens for InvestmentThe last land reserve in Kfar Bilu is being opened for investment in the "Bilu Triangle" complex, developed by Federman Saham. The project is supported by local and national planning initiatives, including a new metro station and increased building rights. Investors can enter with a low initial payment of NIS 99,500, with the company projecting over 400% appreciation potential. The land is not yet available for construction.Economy · 25d agoIsraelis Continue Real Estate Investment Amidst Shifting MarketIsraelis continue to invest heavily in real estate, with new mortgages reaching NIS 29 billion in Q2 2026 and NIS 8.6-10 billion monthly in the following quarter. Tria, a financial group, offers investment opportunities in Israeli real estate without direct property purchase or stock market exposure. The company provides two investment tracks, Ulti 18 and a longer-term Real Estate track, aiming to meet investor demand for balanced, real estate-linked returns.Economy · 25d agoSix Steps for Cosmeticians to Streamline Appointment ManagementShai Saadoun, CEO of Simple Turn, has detailed six key steps for cosmeticians to improve appointment management. These include enabling online booking, using automated reminders to reduce no-shows, collecting payments upfront, and adding buffer time between appointments. The system also offers calendar synchronization and the creation of a Google-searchable business page. These automated processes aim to significantly reduce administrative tasks and phone calls for practitioners.Economy · 25d ago · also in 1 newsroomGeely Offers Three Years of Free Home EV ChargingGeely Israel is offering three years of free home electricity for charging its E5 electric crossover, a promotion that began October 1. Purchasers will receive a monthly credit of up to 250 kWh for overnight charging, directly impacting their home electricity bills. Geely Israel's CEO stated the offer makes EVs a more compelling economic choice, while SuperPower's CEO highlighted potential savings. The promotion requires joining a specific electricity plan and having a smart meter.Economy · 25d agoMeat Prices to Drop as Israel Approves New Kosher Slaughter StaffIsrael has approved 82 new staff members for the kosher meat slaughter industry as part of a plan to reduce meat prices. Hundreds were tested in theoretical exams for the roles. The initiative aims to ease the process of sending slaughter teams abroad and increase competition in the market.Economy · 25d agoIsrael Approves 82 New Kosher Meat Professionals to Lower PricesIsrael's Chief Rabbinate has approved 82 new professionals for kosher meat slaughtering and inspection roles. This expansion, led by Chief Rabbi Kalman Meir Bar and Acting Director General Yehuda Avidan, aims to increase the supply of kosher meat and lower consumer prices. The newly certified staff include slaughterers, inspectors, and team leaders, with more training planned.Economy · 26d agoChoosing Business Financing: A Guide to Options and Approval ChancesBusinesses in Israel can choose from bank loans, non-bank financing, state-guaranteed loans, and other foundations when seeking funding. Understanding the differences in terms, costs, and approval requirements is crucial for making the right choice. New and existing businesses must present comprehensive financial data and business plans, with professional guidance often recommended to navigate the application process and compare loan offers effectively. Factors beyond interest rates, such as repayment periods and fees, should be considered when evaluating financing options.Economy · 26d agoChoosing Business Financing: How to Select the Right Path and Improve Approval OddsBusinesses in Israel can choose from bank loans, non-bank financing, or state-guaranteed loans to secure funding. The selection process requires careful consideration of loan terms, repayment ability, and the specific needs of new or existing businesses. Professional guidance is often recommended to navigate the options, prepare documentation, and compare offers beyond just interest rates. Understanding the reasons for loan rejection is also crucial for finding alternative solutions or determining if further borrowing is appropriate.Economy · 26d agoConsumer Awarded $130 After Supermarket Refused Bottle ReturnsA consumer was awarded 500 shekels in compensation and 200 shekels in legal costs by a small claims court after a Shufersal supermarket refused to accept empty beverage containers. The court found the refusal to be a one-time incident, thus awarding less than the maximum possible penalty under the deposit law. This case highlights ongoing disputes between consumers and retailers over the implementation of the deposit law, with courts balancing deterrence and specific case circumstances.Economy · 27d agoSuper-Pharm Online Coupons: How They Work and What They Apply ToSuper-Pharm's online coupons are product-specific and applied automatically when the item is added to the cart, rather than through a general code. Discounts vary, with some offering significant savings on higher-priced items like cosmetics. Customers must check individual coupon expiration dates, purchase limits, and the impact of shipping fees, which can sometimes negate savings. The website organizes deals across three pages, and users need to register an account before making a purchase.Economy · 27d ago · also in 2 newsroomsKiryat Gat Surpasses Tel Aviv and Jerusalem in New Home SalesKiryat Gat led Israel in new apartment sales from June to August 2026, selling 1,044 units and surpassing Tel Aviv and Jerusalem. This growth is fueled by discounted housing programs and the city's extensive development plans, including tens of thousands of new homes. The Reissdor Group is developing the large "Mishkenot Shir" project in the "Ma'arava" neighborhood, which will offer 2,500 units for the Haredi community.Economy · 30d agoIsraeli Real Estate Investment Promises High Returns in Rishon LeZionA new development in Rishon LeZion, "Northern Park Quarter," is attracting investor interest with projected returns of 1.3 million shekels on a 230,000 shekel land investment within four years. The project includes 6,500 housing units and commercial spaces, with future metro access. Current apartment prices in nearby areas are around 3.3 million shekels for a 130 sqm unit. The land is not yet available for construction.Economy · 30d agoFour Real Estate Insights From Kiryat Ata NeighborhoodAuthor Yaakov Reinitz visited the Shavit neighborhood in Kiryat Ata and identified four real estate lessons from its development by the Haredi community. The establishment of a large kollel, driven by Rabbi Yechiel Abramov and supported by a US donor who purchased apartments, revitalized the neighborhood. Reinitz's insights highlight the importance of community institutions, ambitious goals, understanding community dynamics, and taking decisive action without waiting for perfect conditions.Economy · 30d agoAssessing Family Financial Capacity Beyond Simple Income StatementsFama Mortgages offers specialized financial assessments for families with complex income structures beyond typical salaried employment. The company analyzes income stability, documentation, and variability to determine true financial capacity for mortgage applications. This approach considers ongoing expenses and future obligations, not just immediate income, to ensure realistic repayment abilities. Their method aims to provide families with clear financial solutions, even for intricate cases involving self-employment or multiple income sources.Economy · 31d agoMother, 78, Cleared of Debts After Son's Gambling Addiction Ruined Her FinancesA 78-year-old Israeli woman had approximately 340,000 shekels in debts forgiven after her son's gambling addiction led to her financial ruin. She had sold her apartment and worked two jobs to support him. A court ruled compassionately to erase her debts, recognizing her difficult circumstances and efforts to help her son.Economy · 31d agoIsraeli Court Cancels Most of 78-Year-Old Woman's DebtAn Israeli community enforcement registrar approved an unusual debt arrangement for a 78-year-old woman, reducing her 416,000 shekel debt to 72,000 shekels. The woman incurred the debt trying to help her son with gambling addiction, selling her home and working two jobs despite poor health. Registrar Corinne Yitzhaki ruled the reduced amount payable over 36 months, citing the woman's efforts to repay and difficult circumstances. This decision reflects a trend of leniency for debtors in genuine distress.Economy · 31d agoDiscount Bank to Refund NIS 1 Million for Overcharged FeesDiscount Bank will refund approximately NIS 950,000 to tens of thousands of mortgage holders as part of a court-approved class-action settlement. The bank was accused of illegally charging multiple operational fees for single housing loans during early repayment. Eligible customers who were overcharged between October 2016 and September 2021 will receive their refunds within 90 days. This settlement sets a precedent for banking fee oversight in Israel.Economy · 31d ago · also in 8 newsroomsRami Levy and Israir Offer Flights to New York for $909Rami Levy's SuperFly credit card holders can book round-trip flights to New York with Israir for $909, including taxes and luggage. The limited-time offer is valid until March 2027 and is part of Rami Levy's strategy to offer savings in the travel sector. Customers must purchase a voucher on the Rami Levy club website and then redeem it on the Israir website.Economy · 32d agoInvestors Rescue Multi-Million Dollar Deal With Last-Minute FinancingInvestors secured 32.5 million shekels in financing within two weeks to save a major real estate deal involving ten retail stores. The deal was jeopardized when their bank unexpectedly reduced a promised loan. Financial firm Mimondlan, led by Eli Rabinowitz and Matityahu Vagshal, arranged the crucial funding at a 90% financing rate. This allowed the investors to finalize the purchase and avoid losing their capital.Economy · 32d ago · also in 1 newsroomNew Housing Project in Kiryat Gat Attracts Haredi Families from Beit ShemeshA new housing project called "Mishkenot Shir" in Kiryat Gat is attracting Haredi families from Beit Shemesh by offering larger apartments for about one million shekels less. Located 25 minutes from Beit Shemesh, the project is designed for Haredi families with spacious homes and community amenities. Developed by Reisdor Group and Shviro, it aims to provide an upgraded living experience within a dedicated Haredi environment.Economy · 33d agoGuide to First Car Insurance for New DriversInsurance for new and young drivers in Israel is significantly more expensive due to higher accident rates, with premiums and deductibles reflecting this risk. Families can choose to add young drivers to existing policies or get separate ones, with legal coverage being mandatory. Strategies to reduce costs include selecting smaller, older cars, precise driver definitions, higher deductibles, and understanding coverage types. The insurance process also serves an educational role, incentivizing safer driving habits that lead to long-term financial benefits.Economy · 34d agoHellmann's Expands Product Line in Israel with New Squeeze BottlesHellmann's has launched a new line of four spread flavors in Israel, including mayonnaise, reduced-fat spread, garlic, and spicy varieties. The products come in new squeeze bottles for easy application, ideal for common dishes like burgers and fries. The entire line has received "Mehadrin" kosher certification from Badatz Eda Haredit.Economy · 37d agoIsraeli Court Rulings Highlight Financial Pitfalls in Family AgreementsThree Israeli court rulings reveal significant financial risks, including a family dispute where siblings were ordered to pay 3.4 million shekels and a prenuptial agreement commitment escalating to 5.15 million shekels. Another case saw a Haredi woman's bank account frozen due to an identity number mix-up. These decisions highlight the potential for severe financial consequences arising from legal agreements and identification errors.Economy · 37d agoThree Israeli Court Rulings Highlight Financial and Personal Consequences of AgreementsThree Israeli court rulings highlight the consequences of agreements. Four siblings will pay millions in receiver fees after a dispute over property ownership. The bus company Egged was ordered to compensate a Haredi woman 17,500 shekels after her bank account was wrongly frozen due to a passenger's false information. A businessman must purchase a new apartment worth over 5 million shekels for his ex-wife as per their prenuptial agreement.Economy · 37d ago · also in 1 newsroomIsrael Lottery Boosts Beit Shemesh With $870,000 Investment for 75th AnniversaryMifal HaPayis is investing over 3.25 million shekels in Beit Shemesh for 2026 to support community, welfare, and youth programs as the city marks its 75th anniversary. The funding will enhance services across various sectors and includes ongoing community initiatives. City officials praised the lottery's role as a strategic partner in the city's development and celebrations.Economy · 38d ago · also in 4 newsroomsDiscount Bank and Mercantile Bank Boards Approve MergerThe boards of Discount Bank and Mercantile Bank have approved a merger, a strategic move expected to enhance Discount Group's competitive position and operational efficiency. Led by CEO Avi Levi, the integration aims to align with future banking challenges and leverage the strengths of both institutions. Mercantile Bank, known for its reach in the Arab community and expertise in small businesses, will maintain its brand and specialized activities during a phased integration process. The merger, headed by Mercantile CEO Barak Nardi, awaits regulatory approval and promises expanded services for customers.Economy · 40d agoContractors Face Extortion Crisis, Paying Billions to Crime GroupsOver 80% of Israeli contractors are paying billions annually in protection money to crime groups, with threats extending to their children. The Contractors Association is calling for government action against this escalating economic crime.Economy · 41d ago · also in 33 newsroomsFuel Prices Drop Significantly Following Tax CutStarting tonight, the price of a liter of gasoline in Israel will drop to 7.77 shekels due to a tax cut ordered by the Minister of Finance.Economy · 41d ago · also in 33 newsroomsIsrael Slashes Fuel Tax, Lowering Gas Prices SignificantlyIsrael has significantly reduced its excise tax on gasoline, lowering the price per liter to NIS 7.77 starting Monday. The move aims to counter rising global fuel costs and maintain lower energy prices domestically.Economy · 41d agoNew Tech Careers Emerge for Haredi Men Amidst Industry DownturnNew, specialized tech career programs are being offered to Haredi men aged 21-32 in Israel, as demand for traditional tech jobs declines. Enrollment is open for a limited period.Economy · 41d agoNon-Bank Real Estate Financing Needs Deeper Risk AssessmentMoshe Peledmer of Adit Finance argues that Israel's non-bank real estate financing sector must prioritize deep risk assessment and long-term project support over speed. He notes a trend of banking professionals joining non-bank firms, enhancing the sector's maturity and capabilities. Peledmer believes this focus will solidify non-bank financing as a vital partner in the real estate market.Economy · 41d agoSeven Critical Mistakes Israelis Make When Buying Property in EuropeIsraeli real estate investors in Europe frequently err by over-relying on agents, misunderstanding immigration visa requirements, neglecting complex tax implications, and being swayed by market trends instead of data. Investors must conduct thorough independent research on local markets, tax laws, and currency risks to ensure their property choices align with their investment strategies.Economy · 46d ago · also in 9 newsroomsIsrael Considers Fuel Subsidy Amid Global Energy CrisisIsraeli Finance Minister Bezalel Smotrich is preparing to implement an additional fuel subsidy to counteract rising prices caused by the global energy crisis. This comes after a recent price decrease, with the cost per liter set to increase significantly this week.Economy · 46d ago · also in 12 newsroomsFuel Prices Surge by 52 Agorot Per Liter OvernightThe price of 95-octane gasoline in Israel is set to rise by 52 agorot to NIS 8.27 per liter starting tomorrow. The Ministry of Energy cited global oil prices and the dollar exchange rate as reasons for the increase, along with the end of a September tax reduction.Economy · 46d ago · also in 18 newsroomsIsrael Fuel Prices Surge Amid Global Market Shifts and Tax ChangesGasoline prices in Israel will jump by 52 agorot to NIS 8.27 per liter, reaching a record high due to global oil price increases and the end of a temporary tax reduction. The Ministry of Energy cited international market trends and currency fluctuations as primary drivers for the surge.Economy · 47d ago · also in 17 newsroomsFuel Prices in Israel Set to Soar Above 8 Shekels Per LiterGasoline prices in Israel are projected to increase by 25-40 agorot per liter overnight, surpassing 8 shekels per liter. This rise will increase refueling costs and impact the overall cost of living.Economy · 47d ago · also in 17 newsroomsFuel Prices in Israel Set to Surge Past 8 Shekels Per LiterGasoline prices in Israel are poised to rise by 25-40 agorot per liter, pushing the cost above 8 shekels due to global energy market instability caused by US-Iran tensions. The increase will affect household budgets and the broader consumer price index.Economy · 51d agoHaredi Families Seek Financial Solutions for Weddings Through Real Estate InvestmentHaredi families are exploring real estate investments, particularly in land in Beer Yaakov, as a strategy to build capital for their children's weddings. Government infrastructure projects and the city's rapid development are cited as reasons for potential property value increases.Economy · 51d ago · also in 1 newsroomLeading Retail Chain 'Yesh Chesed' Opens New Branch in SderotThe retail chain 'Yesh Chesed' opened a new branch in Sderot, Israel, offering a wide range of products with strict kosher supervision at affordable prices. The opening was attended by local officials and religious leaders, highlighting the city's growth.Economy · 52d ago · also in 3 newsroomsPhilanthropists Donate $500,000 Each for Families in Beit ShemeshWealthy donors each contributed $500,000 at a special event hosted by Rabbi Moshe Sternbuch to support thousands of families in Beit Shemesh. The funds are intended to alleviate financial hardship.Economy · 52d ago · also in 1 newsroomIsraeli Household Debt Soars, Lawyer Explains Home Foreclosure RisksHousehold debt in Israel has climbed to 914 billion shekels, primarily due to housing loans. An insolvency lawyer explains that home ownership does not automatically lead to foreclosure, as court approval is required and various factors, including equity and alternative solutions, are considered.Economy · 53d ago · also in 1 newsroomSupermarket Chain Osher Ad Faces Multi-Million Shekel Lawsuit Over PricingA court has approved a multi-million shekel class-action lawsuit against Israeli supermarket chain Osher Ad for allegedly failing to display prices on products. The company respects the decision but emphasizes it is not a final judgment.Economy · 53d agoTax Inspectors in Bnei Brak? Authority Denies ReportsReports of tax inspectors operating in Bnei Brak were denied by the Tax Authority, which stated it had no knowledge of such activities. News flashes from Kikar FM are issued regularly throughout the day.Economy · 53d agoTax Authority Denies Reports of Inspectors in Bnei Brak MarketReports of tax inspectors in a Bnei Brak market were denied by the Israel Tax Authority, which stated it was unaware of any such activity, though it confirmed general holiday enforcement operations.Economy · 53d agoTax Inspectors Reportedly Seen in Bnei Brak Ahead of Sukkot, Tax Authority Denies ActivityTax inspectors were reportedly seen in Bnei Brak near stalls selling the Four Species ahead of Sukkot, but the Israel Tax Authority denied any such activity occurred. The authority confirmed general enforcement efforts nationwide during busy holiday periods.Economy · 53d agoSenior Economist Shachar Wolf Offers Financial Planning AdviceSenior economist Shachar Wolf discussed financial planning, mortgage advice, and his optimistic outlook for the Israeli economy through 2027. He emphasized comprehensive financial strategies and the importance of regular mortgage reviews to maximize savings and build long-term family wealth.Economy · 53d ago · also in 1 newsroomToyota Sienna Hybrid Offered With Zero Down Payment and Zero InterestTarget Motors is offering the Toyota Sienna Hybrid LE with no down payment and no interest, featuring monthly payments of 2,973 shekels. The promotion aims to make the family minivan more accessible, with limited stock available.Economy · 53d agoBusiness Consultant Itamar Shulam Challenges Industry NormsBusiness consultant Itamar Shulam is redefining the industry with his "Business Multiplication" method, focusing on commitment and measurable results over mere activity. He emphasizes a partnership approach, guaranteeing business doubling or a refund, and encourages owners to evolve alongside their companies.Economy · 53d ago · also in 1 newsroomTnuva's GO Protein Brand Targets Ultra-Orthodox GymsTnuva's GO protein brand is running a month-long campaign in three gyms catering to the ultra-Orthodox community in Jerusalem and Bnei Brak. The initiative offers free samples and branded messaging to promote post-workout protein consumption.Economy · 53d agoBusiness Consultant Pledges Results, Not Just AdviceBusiness consultant Itamar Shulman champions a results-oriented approach, promising "money in the bank" for clients rather than just advice. His "Business Doubling" methodology focuses on holistic business integration and practical execution, acknowledging that not all clients achieve guaranteed results but emphasizing the need for adaptation in the modern business landscape.Economy · 53d agoBusiness Consultant Itamar Shulam Vows Results, Not Just AdviceBusiness consultant Itamar Shulam advocates for a results-oriented approach, focusing on increasing clients' revenue rather than just providing advice. He emphasizes practical implementation and holistic business system improvement, offering refunds if targets are not met.