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Mignews
Mignews is a russian news outlet. We translate its reports into English and compare them with 43 other newsrooms.
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Language and baseRussian · Tel Aviv
The last 30 days
1,128reports translated
50%first to report
252 mintypical time behind the first report
37%carry a named author
0%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 Mignews writes
Mignews's tone this month is neutral. On Netanyahu, the IDF, the police, the United States and the Knesset its wording is in step with the other newsrooms.
From 1,123 reports this month, judged without the newsroom's name. How this is measuredOnly Mignews had it
Ex-IDF Chief Eisenkot Dismisses Netanyahu's Call for Talks as Political PloyPolitics · 8h agoGreta Thunberg Calls for Sanctions Against Israel at UN Climate ForumPolitics · 8h agoMerkel: Iran and Hamas Pose Existential Threat to IsraelPolitics · 8h agoBig stories Mignews skipped
Israel's Attorney General Ordered to Appear in Netanyahu TrialCovered by 20 newsroomsNetanyahu Urges National Unity Government, Invites Eisenkot to Unconditional TalksCovered by 18 newsroomsMossad Chief Met CIA Director in US Amid Iran TensionsCovered by 16 newsroomsLatest from Mignews
Economy · 10h agoIsrael Plans Home Batteries to Replace Diesel GeneratorsIsrael's Ministry of Energy and Infrastructure is seeking public input on a strategy to expand energy storage systems, aiming to replace diesel generators with home batteries. The plan supports increasing renewable energy to 30% by 2030 and 40% by 2035, addressing the challenges of solar power's intermittency and Israel's isolated grid. It proposes national planning, streamlined approvals, and financial incentives for investors, with a focus on critical infrastructure.Economy · 10h agoIsrael's Housing Market Slows, With 85,000 New Apartments UnsoldIsrael's housing market has slowed significantly, with 85,080 new apartments currently unsold, according to the Central Bureau of Statistics. This inventory represents a 25.8-month supply at current demand rates. The Tel Aviv and Central districts hold the largest share of unsold new homes. While overall sales decreased in the third quarter, there was a shift in buyer activity towards peripheral areas, with Kiryat Gat leading new home sales.Economy · 1d ago · also in 1 newsroomIsrair Launches 72-Hour Sale on Flights to Europe, Zanzibar, and New YorkIsraeli airline Israir has launched a 72-hour sale on flights to Europe, Zanzibar, and New York, with fares starting at $99 for European destinations. The promotion runs from November 12th to November 15th, and is valid for travel until December 31st. Tickets must be purchased exclusively through the airline's website, and availability is limited.Economy · 1d ago · also in 4 newsroomsMajor Industrial Zone Construction Begins in SamariaConstruction has begun on "Bustaney Hefetz," a new industrial zone in northern Samaria, following a cornerstone-laying ceremony on November 12th. The zone, expected to be one of the largest in Judea and Samaria, will cover 800 dunams and create thousands of jobs. The project aims to stimulate economic development and strengthen local settlements.Economy · 1d agoIsrael Tax Authority Proposes ₪10 Billion Tax Hike for 2027-28 BudgetIsrael's Tax Authority has proposed new fiscal measures expected to raise 10 billion shekels annually for the 2027-2028 state budget. Key proposals include an "online VAT" system for instant tax collection and an annual tax on undeveloped land. Aviation taxes are also set to increase, affecting domestic and international flights. The head of the Tax Authority warned that tax burdens are unlikely to decrease, as the state seeks substantial additional revenue to balance the budget.Economy · 2d ago · also in 1 newsroomIsrael's September Apartment Sales Drop 10% Amid Holiday SeasonApartment sales in Israel fell 10% in September 2026 compared to the previous year, totaling 6,246 transactions. The Ministry of Finance attributes the decline to the autumn Jewish holidays. Despite the overall drop, developer-offered financial incentives saw a 15% increase in popularity, reaching 45% of all sales.Economy · 2d agoArkia Airline Control Shifts to Investor Group Led by Yariv LernerThe Nakash brothers have sold their controlling stake in the Israeli airline Arkia to an investor group led by Yariv Lerner. The group will invest tens of millions of dollars to stabilize the company, which has reported over $30 million in losses this year. The deal comes amid labor disputes and concerns over employee stakes. The new owners aim for long-term investment in the airline.Economy · 2d ago · also in 3 newsroomsIsrael Considers Tax Reform for High Earners, Cutting Parent and Regional BenefitsIsrael's Ministry of Finance and Tax Authority are proposing a tax reform to lower income taxes for high earners, including tech professionals, doctors, and engineers. The plan involves cutting tax benefits for parents and residents of certain areas to compensate for lost revenue. This reform targets over 800,000 individuals in the top income deciles. The proposals aim to rebalance the tax burden and will be presented for public discussion soon.Economy · 3d ago · also in 1 newsroomKia Holds Major Sales Event in Israel Through November 20Kia is holding its "Kia Days" sales event in Israel until November 20, featuring discounts, financing, and trade-in deals on its car models. Prices have been reduced on vehicles like the Picanto, Niro Hybrid, Sportage Hybrid, Sportage Plug-in, EV3, and EV5. The promotion aims to attract buyers during Israel's November shopping season, offering various purchasing options.Economy · 4d ago · also in 2 newsroomsSun d’Or Offers Winter 2027 Flights to Europe Starting at $69Sun d’Or, part of the El Al group, is selling tickets for flights to five European cities in January and February 2027, with one-way fares starting at $69. The cheapest flights are to Cyprus, while Albania, Warsaw, and Prague are also available. The offer is for the 'Light' fare category and includes carry-on baggage.Economy · 4d ago · also in 1 newsroomIsraeli Companies to Build 900 MW Gas Power Plant with Data CenterIsraeli companies Sonol Israel, Afcon, and Pentalight Energy will jointly build a 900 MW natural gas power plant and a 200 MW data center. The project, estimated to cost 4 billion shekels for the power plant alone, is in its early stages and requires regulatory approval. Sonol Israel will hold a 45% stake in the joint venture, with Afcon and Pentalight each holding 27.5%.Economy · 4d ago · also in 1 newsroomTel Aviv Cafe Sparks Debate With Mandatory Tip PromptAn "Arcafe" coffee shop in Tel Aviv is facing criticism for a new payment system that automatically prompts customers for a tip. Patrons must actively select "No Tip" to proceed with payment, which some argue creates undue pressure. An employee reported increased tip earnings, while the chain stated the system is for table service and tipping remains voluntary.Economy · 4d agoShufersal to Convert Arad Store to Haredi Format Amid Price Hike FearsIsraeli retail chain Shufersal is changing a supermarket in Arad from its "Deal" format to "Yesh Chesed," targeting the ultra-Orthodox community. This conversion, driven by new mall ownership linked to the Gur Hasidic movement, has sparked fears among secular residents about reduced product variety and higher prices. Shufersal states both store formats will remain open and accessible to all shoppers.Economy · 4d ago · also in 13 newsroomsRevolut Secures Conditional Banking License in Israel, Competition Expected to RiseThe Bank of Israel has issued a conditional banking license to the fintech company Revolut to establish Revolut Bank Israel. This move is expected to increase competition and offer better financial services to Israelis, particularly for international transactions. The company, founded by Nikolay Storonsky and Vladislav Yatsenko, must still meet regulatory requirements before launching full operations. Shmuel Ben-Tsvi and Uri Natan have been appointed as Chairman and CEO, respectively, but the service launch date is unknown.Economy · 4d agoIsraeli Supermarkets Use Tactics to Increase Customer SpendingIsraeli supermarkets are using tactics like shrinkflation, fake discounts, and strategic store layouts to increase customer spending without raising prices. A Tel Aviv University study found price increases at Carrefour despite advertised discounts. Experts recommend comparing unit prices and considering store brands to save money.Economy · 4d ago · also in 5 newsroomsShufersal and Tidhar to Build 30-Story Tower in Jerusalem's TalpiotShufersal and Tidhar Group will construct a 30-story residential tower and a 9-story mixed-use building in Jerusalem's Talpiot neighborhood. The project includes about 240 apartments, with 56 for long-term rental, and 12,000 square meters of commercial and office space. Shufersal expects a pre-tax profit of approximately 50 million shekels from the development.Economy · 5d agoRami Levy Supermarket Chain Eyes International ExpansionIsraeli supermarket chain Rami Levy is negotiating to open stores internationally due to high demand, according to owner and CEO Rami Levy. He observed significantly higher prices for Israeli products in the U.S. during a trip to Miami. While specific locations and dates are undisclosed, the chain aims to replicate its low-price, high-quality strategy abroad. This move follows a similar expansion by another Israeli retailer, Osher Ad, into the U.S. market.Economy · 5d ago · also in 5 newsroomsIsraelis Spend Record 3.5 Billion Shekels on Shopping IL Sales EventIsraelis spent nearly 3.5 billion shekels on cards during the Shopping IL sales event, a 3% increase from last year. Spending shifted towards entertainment and dining, with restaurants seeing an 18% rise and tourism up 14%. The national payment system Shva processed millions of transactions smoothly, indicating strong consumer confidence and a focus on leisure.Economy · 6d agoIsrael Boosts Support for Volunteer Agricultural OrganizationsIsrael's Ministry of Agriculture is allocating 22.5 million shekels in 2026, part of a 93 million shekel program through 2029, to support volunteer agricultural organizations. The funding aims to address labor shortages, engage youth, and bolster farm resilience by covering volunteer expenses like transport, equipment, and accommodation. The government has also increased expense reimbursement to 90% and introduced new criteria favoring organizations with dedicated, long-term volunteers.Economy · 6d agoIsrael's Economy Surpasses 'Startup Nation' Status, Eyes $1 Trillion MilestoneIsraeli entrepreneur Arik Gumanovsky believes Israel has evolved beyond its "startup nation" label to a larger scale, becoming a "mini-empire" with a strong entrepreneurial spirit. Host Boris Mirkin noted impressive economic indicators, including strong stock market performance, a strengthened shekel, and low inflation, even during wartime. Projections estimate 5% GDP growth in 2026, with a potential target of a $1 trillion economy, which would rank Israel among the world's largest.Economy · 7d agoBaran Group to Build 110km African Water Pipeline for $480 MillionIsraeli infrastructure company Baran Group will build the first 110-kilometer section of a 2,000-kilometer trans-African water pipeline for approximately $480 million. The project aims to bring water from the Chobe River to drought-stricken areas, likely in Botswana. Construction of the initial segment will take 24-30 months, with the full pipeline taking over a decade. The project recently overcame a potential termination by the foreign client.Economy · 7d ago · also in 1 newsroomIsrair Eyes Arkia Acquisition to Form Major Israeli Airline GroupIsraeli airline Israir is in early negotiations to acquire its competitor Arkia, potentially forming a large domestic aviation group with 20 aircraft. Israir CEO Uri Sirkis presented the plan to employees, highlighting the company's technological investments and fleet expansion. The merger aims to create a stronger competitor against global airlines. Israir is also preparing for potential security challenges by adjusting its fleet operations.Economy · 8d agoOil Prices Drop on Iran's Diplomatic OverturesGlobal oil prices dropped significantly on Monday after Iran signaled readiness for diplomatic talks to resolve the Middle East conflict. Brent crude fell 7.63% to $104.77 and WTI dropped 7.36% to $96.46 per barrel. The decline was fueled by reports of negotiations between Iran and mediator Qatar, though market participants remain wary of escalation.Economy · 8d agoHolon Institute of Technology to Triple Science KindergartensThe Holon Institute of Technology plans to triple the number of science and technology kindergartens in Holon from three to nine. Rector Eduard Yakubov stated the initiative aims to foster early interest in scientific disciplines, crucial for Israel's high-tech economy. The program seeks to nurture curiosity and inquiry from a young age, with a long-term goal of universal access in Holon.Economy · 8d ago · also in 1 newsroomIsrael Eases Rules for Gas Stations to Boost EV Charging InfrastructureIsrael is modernizing gas stations to accelerate the rollout of ultra-fast EV charging infrastructure by easing regulations and allowing facility expansions. New rules permit integrated waiting areas with shops and cafes, and streamline approval processes for charging installations. Concurrently, stricter vehicle import rules starting in 2027 will limit imports without European certification to commercial vans, impacting independent traders and potentially reducing budget car options.Economy · 8d ago · also in 7 newsroomsLufthansa Scales Back Operations at Ben Gurion Airport Amid Security ConcernsGerman airline Lufthansa has significantly reduced its operations at Ben Gurion Airport in Tel Aviv, canceling overnight stays for crews due to heightened regional security risks. The changes affect flight schedules and ground services, prompting passengers to check their ticket status. Experts warn this could impact Israel's air travel market and potentially influence other group airlines.Economy · 9d ago · also in 1 newsroomIsraeli and US Markets Plummet After Democratic "Blue Wave" VictoryThe Tel Aviv Stock Exchange and Wall Street saw significant drops after Democrats achieved success in US midterm elections, termed the "blue wave." The Israeli TA-35 index fell 3.69%, while US indices like the Nasdaq and S&P 500 also experienced substantial losses. Investors are worried about potential increased regulation on AI infrastructure, impacting tech stocks.Economy · 9d ago · also in 5 newsroomsPalo Alto Networks in Advanced Talks to Acquire Israeli Startup Clutch Security for $500 MillionPalo Alto Networks is in advanced talks to acquire Israeli cybersecurity startup Clutch Security for about $500 million. Clutch Security, founded in late 2023, developed a platform to manage non-human accounts, crucial with the rise of AI agents. This potential acquisition continues Palo Alto Networks' strategy of acquiring Israeli tech companies, as Israel is a major R&D center for the firm.Economy · 9d agoIsraeli Real Estate Market Stagnates Amidst Discounts and Mortgage ChallengesIsrael's new apartment sales rose in August due to government subsidies, but demand on the open market fell 2%. The secondary market saw a 7% drop in transactions as buyers seek discounts and sellers resist price cuts. High mortgage rates and stringent lending conditions continue to deter buyers, leading to price adjustments and a search for financing compromises.Economy · 9d agoIsrael Risks Facing 2027 Without Approved State BudgetIsrael faces the possibility of operating without an approved state budget for 2027, as the Finance Ministry has not begun preparations and the submission deadline has passed. If a new government is delayed or elections occur, the country may rely on a temporary budget based on 2026 figures, potentially hindering civilian projects. The absolute deadline for approval is March 31, 2027, but political instability could push adoption to year's end or beyond.Economy · 9d agoMignews.com Poll Reveals Top 2026 Household Budget ConcernsA Mignews.com poll of 16,063 readers found that 57% are spending significantly more on groceries in 2026. Rent and mortgages were the second-highest concern at 15%, followed by property taxes and utilities at 7%. Healthcare and transportation costs also increased for some respondents, while 6% reported no noticeable rise in expenses.Economy · 9d ago · also in 2 newsroomsIsrael's National Insurance Institute Advances November PaymentsIsrael's National Insurance Institute will advance November social security payments to Thursday, November 26th, because the usual payment date falls on a Saturday. Hundreds of thousands of families will receive billions of shekels early, covering disability, child, and elderly benefits. Other payments, like unemployment and child allowances, will be disbursed on their regular dates in November.Economy · 10d ago · also in 1 newsroomIsrael Antitrust Authority Fines El Al Nearly $30 MillionIsrael's Antitrust Authority plans to fine El Al airlines 109.6 million shekels for allegedly abusing its monopoly by denying Arkia access to aircraft maintenance hangars during the war. Two executives may also face personal fines. El Al denies the charges, stating it complies with the law and has assisted Arkia. The authority will hold hearings before a final decision.Economy · 10d ago · also in 1 newsroomPetah Tikva Demolishes 10 Buildings for 132 New ApartmentsCompanies Av-Gad Holdings and Bino Real Estate have begun demolishing 10 old buildings in Petah Tikva's Amishav neighborhood to construct 132 new apartments as part of the "Tzalah Shalom" urban renewal project. The investment is estimated at 187 million shekels, with 92 apartments designated for open market sale. The project aims to improve living conditions and provide modern, safe housing for residents. This initiative is part of Av-Gad's larger development program in the city, which includes over 1,200 additional apartments.Economy · 10d agoDeLonghi Offers Free Duvet With Radiator Purchase in IsraelDeLonghi and its Israeli distributor Brimag are running a promotion where customers receive a free 299 shekel double duvet with the purchase of select DeLonghi radiators. The offer starts November 10, 2026, and runs through December 31, 2026, or until gift supplies are depleted. The campaign aims to boost home comfort for the winter season.Economy · 10d ago · also in 1 newsroomShopping IL Beauty Event Offers Major Discounts and GiftsIsrael's beauty industry is hosting "Shopping IL" throughout November, with major brands like Estée Lauder, M.A.C, Bobbi Brown, and Clinique offering discounts up to 50% and gift with purchase promotions. The event began November 4th, featuring deals on a wide array of products, including skincare, makeup, and lip care. Specific promotions vary by brand and date, with some offers extending through the entire month.Economy · 11d ago · also in 1 newsroomRecord Tel Aviv Deal: Two Floors in Daniel Tower Sold for 119 Million ShekelsA French tech entrepreneur has purchased two floors in Tel Aviv's Daniel Tower for 119 million shekels, setting a new record for the building. The deal, which closed recently, involved the 14th and 16th floors, with the unfinished spaces costing an average of 59.5 million shekels each. This transaction highlights a significant rise in luxury property prices, with per-square-meter costs exceeding 145,000 shekels. The Daniel Tower project, developed by Yossi Avrahami Group, is a 24-story mixed-use building that includes residential units and a boutique hotel.Economy · 13d agoJack Kuba Launches Week-Long 'Shopping IL' Sale with Up to 50% OffJack Kuba is holding a week-long "SHOPPING IL" sale with discounts up to 50% on lingerie and hosiery, ending November 7th. The promotion features deals on bras, panties, and tights, available in stores and online. The retailer has multiple branches throughout Israel.Economy · 14d ago · also in 5 newsroomsIntel Factory Explosion in Israel Causes $600 Million LossAn explosion at Intel's Kiryat Gat, Israel, factory is projected to cost the company $600 million in lost revenue and resulted in two employee fatalities. Production is expected to resume by week's end following a technical failure involving nitrogen trifluoride. Intel also issued a weaker-than-expected financial forecast for the fourth quarter, causing its stock to fall, despite strong third-quarter results.Economy · 14d agoHaifa Port's Opening Transformed Regional Economy in 1933The port of Haifa officially opened on October 31, 1933, after construction by British engineers costing 1.25 million pounds sterling. Despite anti-British unrest disrupting the opening ceremony, the port became a vital logistics hub. Its development led to Haifa's population doubling and the decline of Acre as a regional center. Today, the port remains a key national facility, sharing top cargo rankings with Ashdod.Economy · 15d ago · also in 3 newsroomsFitch Warns of Economic Risks for Israel Following Election UncertaintyFitch Ratings has warned of significant risks to Israel's economy due to political uncertainty following the October 27 parliamentary elections. The results left no party with a clear majority, potentially delaying budget approval and leading to strict spending limits. The agency stated the economy could be paralyzed if a stable coalition is not formed, maintaining Israel's "A" credit rating with a negative outlook.Economy · 15d agoIsrael Fuel Prices to Rise in November Despite Tax CutIsraeli fuel prices will rise to 7.85 shekels per liter starting November 5, following Finance Minister Bezalel Smotrich's decision to extend a fuel excise tax reduction for one month. This measure mitigates a larger projected increase to 8.35 shekels. The tax reduction decree is valid until December 5.Economy · 15d ago · also in 5 newsroomsIntel Faces $600 Million Loss After Factory Explosion in Kiryat GatAn explosion at Intel's Kiryat Gat factory is expected to cost the company $600 million in revenue over two quarters. The incident, which killed two employees and injured one, is attributed to a technical failure involving a gas tank. Intel aims to resume production ramp-up by the end of the week, while experts investigate the cause and assess safety systems. The company's stock fell 16% following the announcement.Economy · 16d ago · also in 2 newsroomsAliExpress to Launch Israeli Seller Platform November 1AliExpress will launch a platform for Israeli sellers on November 1, allowing them to sell directly to local customers with items shipped from within Israel. The initiative aims to offer competitive pricing and faster delivery, potentially introducing products like Jager bicycles at lower costs than traditional Israeli stores. This move is expected to expand product variety and shorten delivery times for Israeli consumers.Economy · 16d ago · also in 11 newsroomsIsrael Fuel Prices Set for Drop, Then Potential Surge in NovemberGasoline prices in Israel will drop by 42 agorot to 7.35 shekels per liter starting November 1st. However, prices could surge by one shekel to 8.35 shekels per liter on November 4th if a tax reduction is not extended. Drivers should prepare for this potential increase in early November.Economy · 17d ago · also in 5 newsroomsIsrael Faces Significant Fuel Price Hike in NovemberGasoline prices in Israel are expected to rise significantly in early November as a temporary tax reduction expires. The price per liter could reach up to 8.90 shekels without government intervention. Minister of Finance Bezalel Smotrich is considering extending the tax relief, but options range from full extension, which is costly, to a partial reduction. A final decision is pending analysis of market conditions and budget constraints.Economy · 17d ago · also in 3 newsroomsIsraelis Spend Over 1 Billion Shekels on Election DayIsraelis spent over 1.14 billion shekels on bank cards on election day, October 27th, a 41.2% increase from the 2022 elections. Spending was highest on groceries, with significant growth in clothing and dining, and a shift towards physical stores over online shopping. The peak spending hour was between 12 PM and 1 PM, with one mall seeing over 170% more visitors than usual.Economy · 17d ago · also in 3 newsroomsIsrael Reduces Online Passport Fees for Winter SeasonIsrael's Population and Immigration Authority has reduced the cost of obtaining foreign passports for online applications during the winter, from November 1 to February 28, 2027. The discounted price for adults is 185 shekels, saving 105 shekels compared to the standard 290 shekel fee. This measure aims to alleviate office congestion and encourage early renewals before the peak tourist season.Economy · 17d ago · also in 3 newsroomsDollar Surges as Israeli Election Results Spark UncertaintyThe Israeli shekel weakened significantly against the dollar, surpassing 3.08 shekels on Wednesday after initial election results were released. This reversal followed a previous day's gain, with the dollar appreciating about 2% due to political uncertainty. No bloc has yet achieved a majority needed to form a government, impacting the currency market.Economy · 18d ago · also in 3 newsroomsIsraeli Shekel Surges to Record High on Election Day Amid High Voter TurnoutOn election day in Israel, the Israeli shekel significantly strengthened against major global currencies, with the dollar falling 1.8% and the euro dropping 2.2%. This appreciation is linked to high voter turnout and investor optimism about the election results. The shekel's rise contrasts with a moderate increase in the U.S. dollar's value on global markets.Economy · 18d ago · also in 3 newsroomsIsraelis Spend 37.5% More on Election Day Compared to 2022 VoteIsraelis spent 731.3 million shekels on election day, a 37.5% increase compared to the 2022 parliamentary elections, according to SHVA data. Consumer activity peaked at 12:40 PM with over 15,500 transactions in one minute. Spending on clothing and footwear saw a 93% surge, while food and beverages increased by 36%. The overall rise indicates a strong boost for retail on the public holiday.Economy · 18d ago · also in 16 newsroomsIntel Acquires Israeli Quantum Computing Startup Classiq for $2.3 BillionIntel has agreed to acquire Israeli quantum computing software startup Classiq Technologies for an estimated $2.2 to $2.3 billion, according to Israeli media. Founded in 2020, Classiq develops software for quantum computers, aiming to simplify algorithm development. Intel expects the acquisition to bolster its quantum computing business, while Classiq anticipates faster practical adoption of its technology.Economy · 19d ago · also in 1 newsroomIsrael Braces for Price Hikes on Flour, Bread, and GasolineIsrael anticipates price increases for flour, bread, and gasoline starting in November. Flour producers like "Bar-Rav" and "Tahanot Kemah Miftz" are raising prices by 11% and 14% respectively, citing supply chain issues from the Ukraine war and increased shipping costs. Bakers warn these increases will affect consumer prices. Egg prices will rise 2.1% on November 1, and fuel costs may increase if tax breaks expire.Economy · 19d ago · also in 7 newsroomsElbit Systems Secures $200 Million Asian Contract for Aerial Surveillance SystemsIsraeli defense firm Elbit Systems has signed contracts worth around $200 million with an Asian country for aerial surveillance systems. The deal includes the new SPECTRO-12 system and will be fulfilled over five years. This contract follows a recent $235 million deal with a European nation for rocket systems.Economy · 19d ago · also in 1 newsroomIsrair Launches Direct Flights Between Israel and MadridIsraeli airline Israir has launched direct flights between Tel Aviv and Madrid, operating three times a week. The inaugural flight took off on Sunday, October 26, 2026, from Ben Gurion Airport. Introductory round-trip fares start at $328 for October and $420 for November. This expansion aims to boost travel options and competition for the popular Spanish destination.Economy · 19d agoEuropean Gas Prices Surge Past €97/MWh, Hitting 2022 Highs Amid Winter FearsEuropean natural gas prices exceeded €97 per megawatt-hour on October 26, the highest since late 2022, due to winter supply concerns and Middle East tensions. EU gas storage is at a record low of 75% for this time of year, while demand is expected to rise with colder weather. The surge has also pushed French electricity futures above €200 per MWh.Economy · 19d ago · also in 1 newsroomIsrael Braces for Potential Hikes in Electricity, Water, and Transport TariffsIsrael anticipates increases in public utility and transport costs starting in early 2027, with potential hikes of at least 4% for public transport, 1.5-2% for electricity, and 3-5% for water. These adjustments are pending final approval from relevant authorities and will consider accumulated expenses and production costs. The increases could also affect overall consumer prices due to their impact on business operating costs.Economy · 19d agoAir Haifa Launches New Routes from Haifa and Ben Gurion, Tickets from 79 ShekelsIsraeli airline Air Haifa has launched new routes from Haifa to Thessaloniki and from Ben Gurion Airport to Ramon Airport, with introductory tickets starting at 79 shekels. The airline is also running a "FLYDAY" promotion where passengers vote for discounts on international flights. The new routes aim to expand affordable air travel options within Israel and internationally.Economy · 19d ago · also in 4 newsroomsTel Aviv Stock Exchange Indices Dip After Netanyahu's Crypto RemarksTel Aviv Stock Exchange indices fell on the first trading day after Prime Minister Benjamin Netanyahu suggested using cryptocurrencies to bypass sanctions. The TA-35, TA-125, and TA-90 indices all saw declines. The dollar and euro traded near their representative rates. The statement was made before the trading week began.Economy · 20d agoIsrael Fuel Prices May Rise as Tax Break ExpiresFuel prices in Israel are expected to rise by about 1 shekel per liter on November 1, as a temporary tax reduction expires. Finance Minister Bezalel Smotrich has not yet approved extending the tax break, which costs the state 300 million shekels monthly. The potential increase could add 50 shekels to a typical 50-liter fuel tank refill and impact transportation costs.Economy · 20d ago · also in 2 newsroomsH&O Opens Major New Store in Northern Israel Featuring Global BrandsIsraeli retail chain H&O has opened a new 1400-square-meter flagship store in the Hootzot HaMifratz complex near Haifa, investing 5 million shekels. The store features a "BRAND COLLECTION" concept, offering international and Israeli brands like Nike and Levi's, alongside H&O's own labels. This expansion is part of the company's strategy to provide enhanced shopping experiences and strengthen its presence in northern Israel.Economy · 20d agoJack Kuba Offers 25% Discount on Lingerie Ahead of Election DayLingerie retailer Jack Kuba is offering a 25% discount on all products until October 27th. The promotion coincides with election day, encouraging customers to purchase items from their stores and website. The sale is available to club members and new sign-ups at various locations across Israel.Economy · 20d agoWeShoes Offers Election Day Discounts on Shoes and BagsWeShoes is offering discounts of up to 50% on shoes and bags on October 27th, Election Day, across its 130 Israeli branches. The sale includes 30% off Hoka and Blundstone brands and 50% off a second pair of other items. The promotion is for customer club members and excludes outlet items.Economy · 20d ago · also in 2 newsroomsFour Foreign Airlines Boost Flights to Israel Amid Operational ResumptionFour international airlines, including British Airways, Iberia, United Airlines, and Etihad Airways, are increasing flights and capacity to and from Israel. British Airways and Iberia are resuming services after a suspension, while United Airlines adds new U.S. routes and Etihad boosts seat capacity on its Abu Dhabi route. These expansions aim to meet demand and restore connectivity following operational pauses.Economy · 23d agoNuvei Secures Israeli License, Promising Cheaper Online ShoppingCanadian fintech company Nuvei received a clearing license from Israel's Securities Authority to expand its services. This will allow international platforms like Shein and Temu to accept local payments, reducing costs for merchants and potentially leading to lower prices for Israeli consumers. The company's Israeli workforce is also expected to grow significantly after a major acquisition.Economy · 23d ago · also in 2 newsroomsIsrael Ranks Fifth Globally in Pension System IndexIsrael's pension system ranked fifth globally in the 2026 Marsh CFA Institute Global Pension Index, receiving an "A" rating with 81.9 points. The Netherlands led the index for the fourth year. Israel's scores improved in adequacy and governance, though sustainability slightly declined, amidst global concerns about aging populations impacting pension systems.Economy · 23d ago · also in 17 newsroomsIsrael to See 2.1% Increase in Egg Prices Starting November 1Israeli consumers will face a 2.1% increase in the price of eggs starting November 1, 2026, due to rising supply chain costs. The Ministry of Agriculture and Food Security approved the adjustment, which will add between 27 and 33 agorot to the price of a 12-egg carton. This change is part of an automatic regulatory mechanism designed to reflect market conditions and has not been subject to political influence.Economy · 23d agoGlobal Airlines Face Rising Costs, Ticket Prices Set to IncreaseGlobal airlines are raising ticket prices due to soaring jet fuel costs and the exit of budget carriers like Spirit Airlines. Major carriers, including US giants Southwest, American, and United, have lowered profit forecasts and are passing increased expenses onto passengers. This trend is impacting international flights, including those to and from Israel, with analysts predicting the end of cheap air travel as fuel costs remain high.Economy · 23d agoIsrael Introduces Winter Discount on Passport Fees Starting November 1Israel's Population and Immigration Authority is implementing a winter discount on biometric foreign passport applications from November 1, 2026, to February 28, 2027. The reduced fee is available for payments made online, with higher discounts for soldiers and reservists. Appointments are required for biometric data collection, bookable via the Govisit app or self-service terminals.Economy · 24d ago · also in 6 newsroomsIsrael Approves Construction of First Metro Station in Ariel Sharon ParkIsrael's Ministry of Transport has approved the construction of the nation's first metro station in Ariel Sharon Park, a key part of a large infrastructure project for the Tel Aviv area. The underground work will take about 25 months, with environmental considerations in place. A separate tender for five more stations and tunnel shafts is expected soon, as part of a 65 billion shekel program to build the M3 metro line.Economy · 24d ago · also in 17 newsroomsBank of Israel Pauses Interest Rate Cuts Amidst Economic UncertaintiesThe Bank of Israel paused its interest rate cuts, keeping the benchmark rate at 3.25% on October 21. This decision was influenced by a weakening shekel, geopolitical risks, and the need to monitor inflation, despite low current inflation figures. The pause means no immediate reduction in mortgage and loan payments for Israelis. The next rate decision is expected on November 23.Economy · 26d agoIsrael's Vehicle Fleet Grows by Nearly 128,000 in One YearIsrael's vehicle count has surpassed 4.35 million, with a net increase of nearly 128,000 vehicles in the past year. A Bank of Israel study reveals that road expansion paradoxically increases traffic, especially in cities, as new capacity is quickly filled by additional vehicles. Experts suggest prioritizing public transportation like buses and trains over further road construction due to land limitations.Economy · 26d ago · also in 16 newsroomsAliExpress Launches Elite Customer Club in IsraelAliExpress has launched its first Elite customer club in Israel, offering exclusive benefits to select shoppers. Members receive a 5% discount on millions of items, with additional promotions during November sales events. The club also provides extended return privileges and dedicated customer support. Membership is free but requires a special invitation based on purchase history.Economy · 27d agoEconomists Warn of Price Hikes in Israel Due to SanctionsOver 60 Israeli economists have warned that expanded Western sanctions on settlements in Judea and Samaria could severely damage the economy and cause a sharp rise in prices. The UK has banned trade with settlements, and 12 other Western countries plan similar measures. The economists fear sanctions could affect Israeli companies and banks, urging the government to change settlement policy and address settler violence.Economy · 27d agoFrigidaire Refrigerators Return to Israeli Market After HiatusAmerican refrigerator brand Frigidaire has returned to the Israeli market through importer Miniline, several years after its previous absence. The relaunch includes a new series of refrigerators with advanced cooling technologies, space-efficient designs, and features tailored for Israeli kitchens. Models range from large-capacity four-door units to flush-mount and built-in options, with prices starting at 4,660 shekels. Miniline Group is a leading Israeli appliance importer.Economy · 27d ago · also in 3 newsroomsUS Firm Proofpoint Buys Israeli Cybersecurity Company Varonis for $6.3 BillionAmerican cybersecurity company Proofpoint has agreed to acquire Israeli-founded Varonis Systems for approximately $6.3 billion. The deal, expected to finalize in the first half of 2027, requires shareholder and regulatory approval. Varonis, founded in 2005, specializes in data security and threat detection, while Proofpoint focuses on corporate communication security. This acquisition aims to combine their respective strengths in the cybersecurity market.Economy · 27d agoNew York City Declines to Buy New Israeli BondsNew York City's Financial Controller Mark Levin announced the city will not purchase new Israeli government bonds due to financial considerations, not political boycott. The city's pension funds still hold over $285 million in Israeli companies. While anti-Israel groups and Mayor Zohran Mamdani welcomed the move, Levin cited investment rule changes and his duty to protect city funds. Major Jewish organizations supported the decision, emphasizing responsible financial management alongside economic ties.Economy · 27d agoAcre's Historic Market Faces Ruin Amidst Boycott Fears and NeglectTraders in Acre's historic market are facing ruin due to a severe decline in customers, exacerbated by the pandemic, 2021 riots, and the current war. Merchants feel deliberately avoided and cite municipal neglect, including poor infrastructure and parking issues, as contributing factors. They demand an urgent support plan and long-term strategy from the city, while authorities claim ongoing investments and successful events. A meeting is planned to address the crisis.Economy · 29d ago · also in 19 newsroomsProofpoint Acquires Israeli Cybersecurity Firm Varonis for $6.3 BillionAmerican cybersecurity company Proofpoint is acquiring Israel's Varonis Systems for approximately $6.3 billion, with each Varonis shareholder to receive $49.75 per share. The deal, approved by both companies' boards, aims to create a unified platform for managing critical data and AI algorithms. The acquisition is expected to close in the first half of 2027, pending regulatory and shareholder approvals.Economy · 29d agoHamas Generating Millions From Gaza Aid Shipments Amid Merchant BoycottHamas is allegedly extorting millions of dollars daily from Palestinian merchants by imposing fees on humanitarian aid shipments entering Gaza. This has led to a boycott by businessmen, threatening the supply of essential goods to the enclave. The militant group's daily income from these levies is estimated at $4.2 million, with Israeli security services confirming the figures. The situation highlights Hamas's financial enrichment through aid, contrary to disarmament demands.Economy · 30d ago · also in 1 newsroomIsrael Allocates 25 Million Shekels to Advance Women in High-TechIsrael is allocating 25 million shekels to programs aimed at advancing women in the high-tech industry and closing the gender pay gap. The initiative, a collaboration between the Israel Innovation Authority and the Ministry of Labor, selected 15 programs to support women's career progression. Despite women making up over a third of tech employees, they are underrepresented in leadership roles and earn significantly less than their male counterparts.Economy · 30d ago · also in 2 newsroomsIsrael's National Insurance Institute Announces Payment Dates and Contribution DeadlinesIsrael's National Insurance Institute (Bituah Leumi) has announced October 2026 payment dates for various benefits, including child allowances on October 20 and major social security payments on October 28. The institute also reminded employers and self-employed individuals that their insurance contribution and reporting deadline is October 15. Additionally, Bituah Leumi is allocating 28 million shekels to establish rehabilitation centers for victims of terrorism and hostile actions, offering free first-year access to services for eligible individuals.Economy · 31d agoIsraeli Firm Silentium Files for IPO on NYSE AmericanIsraeli company Silentium has filed for an IPO on the NYSE American to raise $15 million, aiming for a valuation up to $44 million. The company develops automotive noise-reduction technology, currently in 1.8 million vehicles, but faces weak financials with significant losses. Funds will support expansion and R&D. The IPO comes amid a slow US market for new public offerings.Economy · 31d agoGap's Fall Footwear Collection Arrives at WeShoes Stores in IsraelGap's fall sneaker collection, designed for comfort and style, is now available in Israel through the WeShoes retail chain. The collection includes men's, women's, and children's footwear and can be found online and in 130 WeShoes stores. WeShoes, a multi-brand footwear retailer, expanded its offerings to include the Gap brand.Economy · 32d ago · also in 1 newsroomIsraeli Stores Show Up To 2X Price Differences On Basic GoodsAn analysis of 40 basic products in Israeli stores revealed price differences of up to double between different retail chains, with a median gap of 38%. Specific items like Bamba snacks and Osem pasta showed significant price variations across chains such as Osher Ad, Super Yuda, and Shufersal. These price discrepancies were observed both regionally and within cities. The study also found that many advertised discounts come with strict conditions, and final prices can differ from those displayed.Economy · 32d ago · also in 2 newsroomsFitch Affirms Israel's 'A' Rating, Cites Risks Amid Negative OutlookFitch Ratings has affirmed Israel's sovereign credit rating at 'A' with a negative outlook, citing risks from rising government debt and defense spending. The agency's assessment highlights concerns over debt burden and security, balanced by Israel's tech sector and economic diversification. The decision could influence borrowing costs and government spending priorities if the budget deficit widens.Economy · 32d ago · also in 8 newsroomsIMF Raises Israel's Economic Growth Forecast to 4.5% for 2026The International Monetary Fund has raised Israel's economic growth forecast for 2026 to 4.5%, an increase of one percentage point from its previous estimate. The IMF also lowered its inflation forecast for the country to 1.8% for 2026. The unemployment rate is expected to stay at approximately 3%, with the current account surplus projected to fall to 1.1% of GDP.Economy · 32d ago · also in 1 newsroomRishon LeZion Project to Replace Five Buildings with 232 New ApartmentsAv-Gad has secured enough property owner support to demolish five old buildings and construct 232 new apartments in Rishon LeZion's Ramat Eliyahu neighborhood. The "pinui-binui" project on Zalman Schneur Street will nearly triple housing capacity, with construction anticipated to start in 2030 and finish by 2034. The company expects significant revenue and profit, and this is one of three renewal projects Av-Gad is undertaking in the city.Economy · 32d ago · also in 1 newsroomMaadanei Mania Offers Autumn Savings on Groceries and DelicaciesMaadanei Mania is offering autumn discounts on a variety of food products, including sausages, seafood, dairy, and desserts, with prices significantly reduced on many items. The promotion, running from October 13 to October 17, 2026, aims to help customers save on groceries. The retailer also recently supported the "V Chemodane" book festival and is gearing up to celebrate its 30th anniversary in November with further customer incentives.Economy · 33d agoIsrael and Vietnam Finalize Labor Agreement for Vietnamese WorkersIsrael and Vietnam are finalizing a framework agreement to bring Vietnamese workers to Israel, with discussions held during an Israeli delegation's visit to Vietnam. The agreement aims to address Israel's labor needs, particularly in construction, and includes provisions for protecting migrant workers' rights. Both nations also agreed to consider expanding cooperation to other economic sectors.Economy · 33d ago · also in 1 newsroomOECD Report: Israel Lags Developed Nations in Higher Education AttainmentIsrael has fallen behind OECD countries in the percentage of young adults with higher education degrees, with the rate remaining at 46% while the OECD average rose to 49%. Public spending per student in Israel is significantly lower than the OECD average, and the ongoing conflict has disrupted studies for many. Experts warn that Israeli universities are losing ground internationally due to insufficient government support and an academic boycott.Economy · 33d agoIsraeli Real Estate: Risks and Rewards of Buying in Buildings Slated for Urban RenewalA real estate strategy in Israel involves buying older apartments in buildings slated for "pinui-binui" urban renewal, expecting new apartments later. While potentially profitable, these projects face legal, planning, and financial uncertainties that can span many years. Buyers must verify project viability, developer reliability, and contractual guarantees, as the process is complex and outcomes can vary significantly per individual unit. It is crucial for residents to collectively select their own legal counsel to represent their interests during negotiations with developers.Economy · 33d agoIsraeli Real Estate: Navigating Risks and Rewards of 'Pinui Binui' Apartment DealsPurchasing older apartments in Israel for 'Pinui Binui' urban renewal projects offers potential financial gains but carries significant risks. Buyers and owners must navigate complex legal and financial uncertainties, verify developer reliability, and scrutinize contracts for adequate guarantees. A recent court case demonstrated that 'equal area' compensation may not always be fair, emphasizing the need for individual apartment valuations. Thorough due diligence and independent legal representation are crucial for protecting owners' interests throughout the lengthy process.Economy · 34d ago · also in 13 newsroomsIsraeli Digital Bank One Zero Cuts 7% of Staff Amid Automation PushIsraeli digital bank One Zero is laying off approximately 25 employees, or 7% of its staff, as part of a reorganization driven by the implementation of automation and AI technologies. The bank has also canceled 10 planned new hires, resulting in a 10% overall reduction from its target workforce size. CEO Eyal Gafni stated the decision was difficult but necessary for optimizing operations and focusing on automated services and data analytics. The move aligns with broader fintech trends of replacing routine tasks with technology to cut costs and improve efficiency.Economy · 34d ago · also in 21 newsroomsIsraeli Food Prices Surge at Record Pace, Study FindsFood prices in Israeli supermarkets have increased at a record pace over the last four years, according to a Tel Aviv University study. Researchers found that prices in small stores rose by 19.6% and in discount chains by 14.5%, with Shufersal seeing the largest jump. The study attributes the surge to weakened government oversight and market monopolies rather than external economic factors. Experts emphasize the need for structural reforms to address the issue, as temporary measures have proven ineffective.Economy · 37d agoIsrael Considers Tax Breaks for High Earners, High-Tech SectorIsrael's Ministry of Finance is considering expanding tax brackets for high earners, potentially increasing their monthly income by about 1,000 shekels. This proposal, part of 2027 budget preparations, is being discussed alongside reforms to stock option taxation, particularly affecting the high-tech sector. The aim is to balance tax burdens, retain talent, and boost state revenue, though no final decisions have been reached.Economy · 37d ago · also in 6 newsroomsIsraelis Recover Over 855,000 Shekels from Telecom Providers in YearIsraeli consumers have recovered over 855,000 shekels in the past year through the Ministry of Communications' actions against telecom companies. The ministry handled about 8,000 complaints, validating nearly half, with mobile services generating the most issues. Companies like Telzar, HOT, and Xphone received the most complaints, while specific problems ranged from signal issues to billing disputes and roaming failures. The ministry is increasing its oversight despite challenges in resolving all claims.Economy · 37d ago · also in 2 newsroomsIsrael's Finance Ministry Proposes Higher Tax on High-Tech Employee Stock OptionsIsrael's Ministry of Finance is proposing to increase the tax rate on stock options for high-tech employees from 25% to 30% for options exercised after their vesting period. The aim is to encourage faster share sales and generate an estimated 2 billion shekels annually in additional tax revenue. In 2024, employees realized 43 billion shekels from stock options, yielding 10 billion shekels in taxes. Transitional measures for expired options are also under discussion.Economy · 38d ago · also in 2 newsroomsIsrael's Economy Grows Nearly 10% Despite Three Years of WarIsrael's economy has grown by nearly 10% over the past three years of conflict, demonstrating unexpected financial resilience. The Tel Aviv Stock Exchange's main index rose 120%, despite 177 billion shekels in production losses. High-tech, defense, and investment inflows fueled this growth, leading to currency recovery and market stabilization.Economy · 38d agoOakberry Opens New Branch in Tel Aviv's TLV MallThe international açaí chain Oakberry has opened a new branch in Tel Aviv's TLV mall, with an investment of approximately 400,000 shekels. This marks the brand's return to the city after its first Israeli location closed. The new branch will seat about 20 people and focuses on organic açaí bowls with customizable toppings, targeting young, health-conscious consumers.