Newsroom
N12
News brand of Keshet 12, a national commercial television channel. We translate its reports into English and compare them with 43 other newsrooms.
Group in the coverage barCentrist pressIts own lean is rated Center.
OwnerKeshet Media GroupCommercial advertising
Language and baseHebrew · Neve IlanFounded 2017
The last 30 days
3,003reports translated
37%first to report
26 mintypical time behind the first report
38%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 N12 writes
N12's tone this month is neutral, close to the rest of the centrist press. On Netanyahu, the United States, the IDF, the police and Hamas its wording is in step with the other newsrooms.
From 2,946 reports this month, judged without the newsroom's name. How this is measuredOnly N12 had it
Two IDF Soldiers Killed in Attack Near Hebron; Netanyahu Orders LockdownSecurity · 19m agoDeni Avdija Shows Early Signs of Improved Energy ManagementSports · 3h agoLikud Admits to Spreading Anti-Lieberman Text Messages After Initial DenialPolitics · 3h agoBig stories N12 skipped
Trump Blocked Israeli Strike on Iran Before ElectionsCovered by 24 newsroomsJerusalem Police Detain Couple in Dead Newborn CaseCovered by 20 newsroomsEgg Prices Set to Increase by 2.1% in Israel Starting November 1Covered by 18 newsroomsLatest from N12
Economy · 22h ago · also in 4 newsroomsTel Aviv Increases Electric Vehicle Charging Fees in City GaragesTel Aviv has increased electric vehicle charging fees in its municipal parking garages, with the price per kWh rising by over 53% to 1.24 shekels. This follows a recent increase in parking fees and is attributed by the municipal company Achuzot Hof to rising operational costs. Despite the hike, the company claims its rates remain competitive and lower than market averages.Economy · 1d agoShould You Take a 30-Year Mortgage to Lower Monthly Payments?Israeli families considering a 1.5 million shekel mortgage face a choice between a 25-year or 30-year repayment term. Opting for 30 years lowers monthly payments by about 720 shekels but increases total interest paid by roughly 268,000 shekels over the loan's life. While a longer term can ease immediate financial pressure, especially for families with tight budgets, it comes at a significant long-term cost. Families can also consider hybrid strategies like splitting the loan term or making early repayments.Economy · 1d ago · also in 1 newsroomIsraeli Singer Yuval Raphael Lands Major Brand Endorsement DealSinger Yuval Raphael, Israel's Eurovision representative, has been chosen as the new spokesperson for the food giant Carrefour in Israel. She is expected to earn hundreds of thousands of shekels for leading the brand's upcoming advertising campaign. The campaign will be broadcast on television and digital media soon.Economy · 1d ago · also in 1 newsroomEU Cabin Baggage Rules Promise Free Carry-Ons But Keep Charges for RollaboardsNew EU regulations starting October 23, 2027, will allow one free small personal item per passenger but allow airlines to charge for standard carry-on "trolley" bags. The rules aim to increase price transparency by requiring total prices to be shown upfront and banning hidden fees. The regulations apply to flights within the EU and flights departing from the EU, with partial application to flights from Israel to Europe on EU carriers.Economy · 1d ago · also in 1 newsroomIsrael Tax Authority Proposes Higher Dividend Payouts and Property TaxIsrael's Tax Authority is proposing to increase the mandatory profit distribution for small companies from 6% to 8% and to reintroduce property tax on vacant land at an annual rate of 1.5%. These measures, presented by Tax Authority Director Shai Aharonovich, aim to boost state revenue without raising general taxes. The proposals are still in early stages and face significant legislative hurdles and opposition from various industry groups.Economy · 1d ago · also in 1 newsroomDeveloper Must Pay NIS 444,000 for Undelivered PenthouseA real estate developer has been ordered to pay NIS 443,775 in compensation to a couple for a penthouse in Petah Tikva that is over three years late. The Herzliya Magistrate's Court rejected the developer's claim of force majeure due to the "Swords of Iron" war, stating the delay predated the conflict. The court found the delays were caused by the developer's own issues with subcontractors, not the war. The couple will receive compensation based on market rent rates, significantly higher than the contractually agreed amount.Economy · 1d ago · also in 5 newsroomsIsraeli Shoppers to See Lower Costs on Shein, Temu PurchasesFintech company Nuvei has received a new license in Israel, which will allow international shopping sites like Shein and Temu to process payments directly in shekels. This change is expected to eliminate foreign currency conversion fees and unfavorable exchange rates for Israeli consumers. The new system will also enable more Israelis to shop on these platforms and reduce the number of blocked transactions, potentially leading to more discounts and promotions.Economy · 2d ago · also in 1 newsroomAmerican Investment Firm Linked to Potential Brazilian Soccer Club AcquisitionAmerican investment firm Alya Capital, co-founded by Ross Kestin, is reportedly being eyed by a Brazilian investment bank for potential stakes in Brazilian soccer clubs. The firm, which owns Maccabi Netanya and a stake in Reading, aims to build an international multi-club platform. Alya Capital manages $8 billion and has notable tech investments, including in SpaceX.Economy · 2d agoDemand for Housing Surges in Gaza Envelope CommunitiesDemand for housing in Gaza Envelope communities has surged by over 350% since the war, with hundreds on waiting lists for apartments in Sderot. Families are moving to kibbutzim like Sufa and Nir Oz, citing Zionist motivations and a desire to rebuild. Property prices have risen significantly, with a 16% increase in Netivot and 11% in Ofakim, indicating a growing return to the region.Economy · 2d agoEmployees Taking On Extra Work Without Pay May Have Legal RecourseEmployees in Israel who absorb the duties of departed colleagues without a pay increase may be entitled to additional compensation, particularly if the changes lead to overtime or fundamentally alter their job description. While Israeli law doesn't automatically mandate raises for added tasks, significant changes in responsibilities, especially those requiring extended work hours or managerial functions, can create grounds for legal claims. Employees should meticulously document any changes and communicate with their employer to clarify expectations and compensation, as a failure to do so could impact future claims for overtime pay or severance.Economy · 2d agoAmazon's Secret Beauty Sale Offers Up to 40% Off Top BrandsAmazon's annual US Holiday Beauty Event offers up to 40% off on beauty and personal care items until November 1, with free shipping to Israel on orders over $49 and VAT exemption up to $75. Significant savings are possible on popular brands like Medicube and Dyson, with prices substantially lower than in Israeli stores. Consumers should verify shipping eligibility, voltage compatibility for electronics, and pay in USD to maximize discounts.Economy · 4d ago · also in 1 newsroomIsraeli Mortgage Uptake Surges on Prime Rate Amid Overall DeclineIn September 2026, Israeli mortgage lending fell 20.5% from August to 8.66 billion shekels, but loans on the prime rate track jumped 150% year-over-year. Index-linked mortgages saw their share drop to 9.1% of the total. Despite the monthly decline, overall mortgage lending for 2026 is up 12% compared to last year.Economy · 5d ago · also in 2 newsroomsKLM Fined for Denying Boarding Over Luggage IssueA small claims court in Safed ordered KLM to pay 9,037 shekels to two passengers denied boarding from Montreal due to a luggage registration error. The court found KLM at fault for the payment and check-in issues on December 24, 2025. The airline argued the passengers had payment and documentation problems, but the court deemed the passengers' testimony credible. Exemplary damages and compensation for a lost bag were denied, but the airline was ordered to cover flight and expense compensation.Economy · 5d ago30% Rent Rule Strains Under Israel's High Housing CostsA common financial guideline recommending that housing costs not exceed 30% of income is becoming increasingly difficult to meet in Israel due to rising rents. Average rents in many areas now require incomes significantly higher than the median salary to adhere to the 30% rule. This makes it challenging for single individuals and single-parent households to find affordable housing. Landlords' reliance on this ratio can also complicate the rental process for those who must allocate a larger portion of their income to rent.Economy · 5d agoZara Home Considers Future in Israel Amid Store Closures and New Shipping FeesZara Israel is evaluating the future of most of its Zara Home stores following the closure of its Beer Sheva branch due to weakening sales. The company has also introduced a 14.90 shekel shipping fee for all online orders, removing the previous free shipping threshold. Additionally, Zara products in Israel are reportedly 35%-50% more expensive than in the Netherlands, with price differences reaching hundreds of shekels.Economy · 5d ago · also in 2 newsroomsEconomists Warn of Heavy Economic Price for Settlement Expansion and Jewish TerrorOver 60 Israeli economists are warning that the expansion of settlements and "Jewish terror" will lead to a severe economic cost for all Israelis. They fear that international sanctions targeting settlements could expand to the entire Israeli economy, worsening the cost of living crisis. The economists pointed to potential import bans and sanctions from countries like the UK, France, and Canada, and the UN's expanded blacklist of 214 companies. The letter, signed by former senior officials, suggests that the economic damage could be severe if sanctions broaden beyond settlements to the general Israeli economy.Economy · 5d ago · also in 15 newsroomsUS Investor John Paulson Donates Record $250 Million to Hebrew UniversityAmerican investor John Paulson has donated a record $250 million to the Hebrew University of Jerusalem, the largest gift in its history. The Mount Scopus campus will be renamed in his and his wife's honor. The funds will establish a new engineering faculty and support medical and trauma research. Paulson's total contributions to the university now exceed $296 million.Economy · 5d ago · also in 16 newsroomsAliExpress Launches Elite Customer Club in Israel Ahead of Singles' DayAliExpress has launched its "Elite" customer loyalty club in Israel, offering free membership with benefits like a 5% discount on select items and free returns. The program, timed before the November 11th shopping festival, aims to reward loyal customers. Members will also receive an 8% discount on "Elite Day" sales and access to VIP customer service. The company sees the Israeli market as a strong growth engine.Economy · 7d ago · also in 1 newsroomIsrael's Inflation Slows Sharply, Housing Prices DipIsrael's September inflation rate fell by 0.5%, exceeding expectations and bringing the annual rate to 1.6%, within the Bank of Israel's target. Housing prices dropped by 0.6% in the July-August period compared to the previous two months, with new homes down 0.4%. Significant price decreases were seen in culture, transportation, and food, while rent and fresh vegetables saw increases. The annual housing price index declined by 1.8%.Economy · 7d ago · also in 1 newsroomIsrael Plans Land Ports to Join India-Europe Trade Corridor Amid Regional ThreatsIsrael is advancing plans to establish land ports and integrate them into the India-Middle East-Europe Economic Corridor (IMEC) to bolster its role in global trade. The Israel Ports Company will soon present a strategic plan to the government for approval. This initiative aims to create an alternative trade route amid threats to maritime shipping in the Red Sea and competition from other regional corridors. The project seeks to make Israel a key transit point between Asia and Europe.Economy · 8d ago · also in 1 newsroomIsraeli Court Approves Class Action Against Apple Importer Over Used PartsA class-action lawsuit has been approved against Apple's Israeli importers, Icon and iDigital, for allegedly keeping replaced customer parts and profiting from them. The lawsuit estimates damages at NIS 241 million and covers repairs of AirPods and MacBooks. The court found potential violations of consumer protection laws, while the companies called the claims theoretical and detached from reality.Economy · 8d agoReal Estate Funds Buy Hundreds of Apartments at 20% Discount Amid Market SlumpReal estate funds are purchasing hundreds of apartments, and even entire buildings, from distressed developers at discounts of up to 20% due to a stagnant market. Recent deals include large apartment block acquisitions in Netanya, Tel Aviv, Ashdod, Jerusalem, and Hadera. While beneficial for developers by reducing unsold inventory and financing costs, this strategy may affect project prestige. Renters are seeing benefits in longer lease terms and price stability rather than immediate rent reductions, as demand still exceeds supply in the rental market.Economy · 8d ago · also in 1 newsroomDollar Hits Six-Month High Against Shekel Amid US Inflation FearsThe US dollar surged to a six-month high against the Israeli shekel on Thursday, surpassing 3.10 shekels for the first time since April. This strengthening is linked to falling US stock markets, triggered by higher-than-expected inflation data showing a 3.7% CPI increase. Israeli institutional investors are selling dollar assets and buying shekels to meet exposure requirements, further weakening the local currency.Economy · 8d ago · also in 1 newsroomTech Company Fined Over Half a Million Shekels for Withholding Reservist's PayA Tel Aviv labor court has ordered Technoso Control Systems to pay over 500,000 shekels to former CTO Erez Cohen for withholding his salary for five months during reserve duty. The company's defense, citing delays from the National Insurance Institute and claiming the right to offset payments, was rejected. The court ruled Cohen's resignation was a dismissal due to non-payment, awarding him back pay, severance, vacation pay, and other damages.Economy · 8d agoHow to Recover Money After a Contractor Disappears With Your Down PaymentWhen a contractor takes a down payment and fails to start work or disappears, consumers in Israel can take steps to recover their funds. The ability to cancel a contract and get a refund depends on the severity of the breach and the payment method used. Credit card payments offer more recourse for stopping future charges, while Bit or bank transfers require direct action against the contractor. Consumers may also be eligible for compensation beyond the down payment, and can file claims in small claims court or report issues to consumer protection authorities.Economy · 9d ago · also in 2 newsroomsNew Home Sales Surge in Kiryat Gat Amid National Inventory GlutIsrael's housing market experienced an 11.1% rise in apartment sales from June to August 2026, though a slight seasonal decline was noted. Kiryat Gat saw a dramatic 217.3% surge in new home sales, contrasting with drops in Tel Aviv and Ashdod. A large inventory of 85,680 unsold new homes persists nationally, while the second-hand market shows increasing strength, particularly in Jerusalem.Economy · 9d ago · also in 1 newsroomFamily Sells 100-Year-Old Gas Station for $8.5 MillionA family has sold a century-old gas station complex at the Nachshon interchange for 31.5 million shekels to Delek Israel and Delek Neksasim. The buyers plan to build a 1,500-2,000 square meter commercial and dining complex on the site. The sale is expected to provide the buyers with an annual return of about 8.5%. The station has operated since the British Mandate era.Economy · 9d ago · also in 1 newsroomIsraeli Homeowners Rush to Sell Amidst Tax Deadline PressureThousands of Israeli homeowners upgrading their residences are rushing to sell their old properties as extended tax deadlines approach, threatening significant financial penalties. Those who fail to sell their existing homes within the new deadlines risk losing single-residence tax benefits and facing an 8% purchase tax, potentially costing hundreds of thousands of shekels. Real estate agents report sellers are already lowering prices to meet these deadlines, with a notable increase in the percentage of upgraders failing to sell on time compared to previous years.Economy · 9d ago · also in 1 newsroomTop 10% Earn 7.3 Times More Than Bottom 10% in IsraelIsrael's top 10% income earners make 7.3 times more than the bottom 10%, with the lowest two deciles spending more than they earn. The top decile holds 22.1% of total net income, while the bottom decile holds only 2.6%. The 2023 Household Expenditure Survey also revealed that housing is the largest expense, and homeownership is much higher among the wealthiest. Income deciles are calculated per standard person, not total household income.Economy · 9d ago · also in 2 newsroomsCollege Closes Abruptly, Students Lose Thousands in TuitionSVcollege, an Israeli institution offering high-tech courses, has abruptly closed its doors, leaving approximately 100 students unable to receive refunds for tuition payments totaling thousands of shekels. Students reported receiving emails announcing the closure due to "complex financial difficulties" and accumulated losses, with the college stating it cannot guarantee reimbursements as it prepares for insolvency. Some students, including IDF disabled veterans, had taken out loans for the courses and are now facing financial ruin. The college previously faced accusations of suing former students who criticized it.Economy · 9d ago · also in 1 newsroomInfrastructure Firm Y.K.R Barashi Collapses With NIS 28 Million DebtInfrastructure company Y.K.R Barashi has filed for insolvency with debts of nearly NIS 28 million, citing the COVID-19 pandemic and the ongoing war as primary causes. The company, owned by Ahmed Matar, experienced cash flow problems exacerbated by project delays and payment issues. Despite efforts to secure financing, Barashi could not meet its obligations to creditors, including tax authorities and a financing company. The firm is requesting court approval to enter liquidation proceedings.Economy · 10d agoPost-Army Financial Responsibilities: What Ex-Soldiers Need to KnowFormer Israeli soldiers must now manage their own National Insurance and health insurance payments, which can cost 266 shekels monthly if unemployed. While a two-month exemption exists, individuals need to update their status to avoid accumulating debt. Upon starting work, these payments are deducted from salaries, and pension contributions begin. Travel abroad does not halt these obligations, and students may qualify for reduced rates. Ex-soldiers also receive a year of free public transport and tax credits, provided they update their profiles and meet eligibility criteria.Economy · 10d ago · also in 5 newsroomsKamari Group Acquires 50% of Tachanat Lechem and BREADCAFE for $23 MillionThe Kamari Group acquired a 50% stake in Tachanat Lechem and BREADCAFE for NIS 23 million, planning to expand the chains to 50 branches nationwide. The deal includes a clause about a potential future stock market listing, though Kamari Group denies it's currently planned. This follows their recent purchase of a 50% stake in the Zalman's sausage chain.Economy · 10d ago · also in 1 newsroomMajor Price Gaps Found on Basic Goods Across Israeli Supermarket ChainsA new comparison of 40 basic products in Israeli supermarkets reveals significant price differences, with identical items costing up to double between retailers. The average price difference between the cheapest and most expensive chains is approximately 38%, with some products showing over 50% variation. While many promotions exist, they are often conditional and may not represent true savings. The report utilizes publicly filed prices and includes a tool for consumers to compare costs.Economy · 10d agoIsraeli Stock Market Fears Election Stalemate, New Risks EmergeThe Israeli stock market is bracing for potential election uncertainty, with a study showing significant declines before indecisive elections. This year, the market is also factoring in the economic impact of potential government policies, a risk highlighted by the judicial overhaul debate. While the market tends to recover and equalize performance in the months following elections, regardless of the outcome, the specific policies of the next government are now a key concern for investors seeking certainty.Economy · 10d agoYoung Israelis Say Tech Careers Don't Require DegreesA new survey reveals that most young Israelis believe a university degree is not essential for high-tech careers, prioritizing practical experience and AI skills instead. The study found that only 9.2% of respondents consider a degree the top requirement for tech jobs. Haim Gorn of Infinity Labs R&D stated that employers now seek practical skills and AI proficiency over academic certificates. Concerns about AI reducing job opportunities were also noted by 18.5% of young adults.Economy · 10d agoIsrael's Economy Defies War Odds Amidst Deepening Fiscal ChallengesIsrael faces its 2026 elections with a strong economy despite a prolonged war, boasting low unemployment and a booming tech sector. However, a significant budget deficit and a quadrupled defense budget present major challenges. Political parties are debating economic strategies, from the Likud's focus on perceived "economic miracles" to opposition plans for welfare investment and deficit reduction. The high cost of living, particularly food prices, remains a critical issue for voters, with proposed solutions ranging from tax reforms to anti-monopoly measures.Economy · 10d ago · also in 1 newsroomIsraeli Salaries in the 40s: A Detailed Look at Income Across ProfessionsThe average gross monthly salary for Israelis in their 40s is projected to be around 20,700 shekels in 2026, with the median at 15,200 shekels. High earners, especially in tech and finance, significantly pull up the average, with some earning over 50,000 shekels. Significant pay gaps exist between professions and genders, with men in their 40s earning an average of 25,300 shekels compared to 16,300 shekels for women. Salary growth slows after age 50, with average earnings dropping post-60.Economy · 10d ago · also in 11 newsroomsMicrosoft Israel to Lay Off Dozens in Global RestructuringMicrosoft Israel will lay off dozens of employees as part of a global restructuring, with the exact number of affected staff not yet known. The company is reassessing its operations and structure to meet evolving demands, and some employees may be redeployed. This move mirrors previous large-scale layoffs, such as the 4,800 job cuts in July 2026, mainly impacting the Xbox division.Economy · 11d ago · also in 5 newsroomsIsrael's Central Bank Warns of Declining Cash Use, Potential ExclusionIsrael's Bank of Israel warns that the sharp decline in cash usage, driven by a surge in digital wallets, could make cash less accessible and more expensive. While digital wallet use is projected to reach 47% by 2025, about 70% of Israelis still want to use cash. The central bank is committed to maintaining cash accessibility despite these trends.Economy · 11d ago · also in 9 newsroomsAmazon Reportedly in Talks to Acquire Israeli AI Firm Decart for $7 BillionAmazon is reportedly in talks to acquire the Israeli AI company Decart for about $7 billion, according to The Wall Street Journal. Decart, founded by former Israeli intelligence unit members, develops software to improve AI chip efficiency and has raised over $400 million. The deal is expected to be signed soon if negotiations conclude successfully, following a previous failed acquisition attempt by Anthropic.Economy · 11d agoIsrael's Supreme Court Rules on Flight Cancellation RefundsIsrael's Supreme Court has ruled that travel agencies cannot charge handling fees when an airline cancels a flight. The decision clarifies passenger rights, stating that full refunds, including all taxes and fees, are due. The ruling applies retroactively, allowing passengers who were previously charged fees to seek reimbursement. All refund requests and communications should be documented in writing.Economy · 12d ago · also in 4 newsroomsIsraeli Election Results Could Impact Economy and Stock Market, Experts SayInvestment house IBI predicts that the upcoming Israeli elections on October 27 could significantly impact the economy and stock market. Their analysis presents three scenarios: a government change potentially strengthening the shekel, a similar coalition possibly causing market unease, and indecisiveness leading to economic burdens. Real estate, banking, technology, and energy sectors are all expected to see varied effects depending on the election outcome and subsequent government decisions on budgets and investments.Economy · 12d ago · also in 7 newsroomsUS Buyer Acquires $15 Million Tel Aviv PenthouseHagag Group has sold a penthouse in its Tel Aviv Infinity Tower for 55.5 million shekels to an American Jewish buyer. The luxury apartment spans two floors and includes significant balcony space with sea views. The sale price does not cover finishing costs, which the buyer will handle. The transaction highlights continued demand for high-end properties in Tel Aviv, even during a market slowdown.Economy · 12d ago · also in 18 newsroomsAir Haifa Launches New Flights Between Tel Aviv and Eilat for $20Air Haifa has launched a new domestic flight route between Tel Aviv's Ben Gurion Airport and Eilat's Ramon Airport, with introductory fares starting at NIS 79 ($20) one-way. Ticket sales began October 11, with flights commencing October 25, initially operating twice daily per direction. The airline aims to increase frequency and offers additional fees for checked baggage, while allowing changes or cancellations up to 24 hours prior to departure.Economy · 12d agoYehuda Poliker's Wealth Estimated at Up to $27 MillionIsraeli singer Yehuda Poliker's net worth is estimated between 70 and 100 million shekels, largely due to his extensive career in music and significant real estate holdings. He owns apartments in Tel Aviv valued at 25-30 million shekels and has earned millions from over 40 years of performances and album sales. Royalties from his popular songs also contribute significantly to his wealth.Economy · 12d ago · also in 13 newsroomsOne Zero Bank to Lay Off 10% of Staff Amid AI IntegrationOne Zero Bank is laying off about 10% of its employees due to the integration of artificial intelligence, according to CEO Eyal Gafni. The affected staff have been called for meetings, and the bank will provide transition support. These cuts are part of a wider trend of layoffs in Israel's tech industry, influenced by AI and economic factors.Economy · 12d ago · also in 1 newsroomIsraeli Workers Face Vacation Deficits After 'Lion's Roar' OperationIsraeli employees are facing a deficit in vacation days following the "Lion's Roar" operation, with many using up their leave to cover absences. A review of 50,000 payslips shows a sharp decline in mandatory Sukkot vacations, leaving over half of surveyed workers with no remaining days. To address this, employers are reportedly having staff agree in writing to carry a negative vacation balance into 2027. This practice allows companies to reduce financial liabilities but means employees will first use new leave to repay their debt.Economy · 12d ago · also in 1 newsroomWhy Israeli Tomatoes Are Tasteless and ExpensiveIsraeli consumers are facing unusually high prices and poor quality tomatoes due to challenging summer growing conditions. According to Michal Habibian of Hababian Farm, the heat and shading required in greenhouses during summer negatively impact tomato flavor and yield. The current supply reflects these summer-affected plants, and better quality tomatoes are not expected for approximately 80 days, until the winter crop matures.Economy · 12d ago · also in 21 newsroomsFood Prices in Israel Skyrocket, New Study FindsA Tel Aviv University study found that food prices in Israel have risen five times faster in the last four years compared to the previous four, with a basket of goods increasing by over 220 shekels versus 50 shekels. The sharpest price hikes were observed at Shufersal and Victory supermarkets. Researchers cited government inaction on the cost of living and increased production costs as key drivers, noting that consumer vigilance has become less effective since 2023.Economy · 13d agoSavings Policies Show Mixed September Results; Altshuler, Ayalon LagSeptember saw mixed results for Israeli savings policies, with general tracks nearly flat and stock tracks up 0.6%, aided by a 2.5% Shekel depreciation against the dollar. Hachshara Mitav led September's general track, while Clal Insurance leads year-to-date and over 12 months. Stock policies also saw Clal Insurance leading long-term, though Ayalon leads three-year returns in both tracks. Management fees remain a significant cost for these policies.Economy · 13d agoInterest Rate Cuts Lead to Lower Mortgage Payments in IsraelIsrael's prime mortgage interest rate has dropped to 4.75% from 5.5% due to recent central bank rate cuts, saving borrowers hundreds of shekels monthly. A 1.5 million shekel mortgage with one-third at prime now costs about 210 shekels less per month. Potential buyers are advised that negotiating with banks can yield greater savings than waiting for further rate reductions. The public's uptake of prime-linked mortgages is slowly increasing.Economy · 14d ago · also in 1 newsroomMitch Goldhar's Real Estate Holdings Valued at $12.1 BillionMitch Goldhar, owner of Maccabi Tel Aviv, has his real estate fund SmartCentres REIT valued at $12.1 billion. Analysts see a strong investment opportunity with potential to double capital in ten years. His personal net worth is estimated at $2.8 billion, ranking him among the world's wealthiest.Economy · 15d ago · also in 1 newsroomMoney Market Funds Yield 3.9% Annually; September Performance ComparedIsraeli money market funds yielded an average of 3.9% over the past year, with September returns aligning to the Bank of Israel's 3.25% interest rate. Top funds in September included IBI Cash Shekel Kosher and Yelin Lapidot Cash Kosher. Key selection factors are management fees and entry charges, with funds offering greater tax advantages on real gains compared to bank deposits, especially during inflation. Investors should monitor fees as they can change.Economy · 15d agoIsraeli Provident Funds Show Mixed September Returns; Top Performers Vary by TrackIsraeli provident funds saw mixed returns in September, with the general track near zero and the stock track around 0.5%. Clal and Migdal led the general track, while Harel topped the stock track. Long-term performance shows Clal leading in both tracks over various periods. Savers are advised to consider management fees and choose tracks based on their savings horizon.Economy · 15d ago · also in 2 newsroomsIsrael Eyes Tax Hike on Tech Workers' Stock OptionsIsrael's Ministry of Finance and Tax Authority are proposing significant changes to how tech employees are taxed on stock options. Employees who don't exercise options immediately after vesting may face a higher 30% tax rate, while high earners might see a reduction in income tax. The government hopes these measures will generate an additional NIS 2 billion annually and encourage faster option realization. The proposals aim to address perceived "distortions" in the current system, where taxes are deferred for extended periods.Economy · 15d ago · also in 1 newsroomDiscount Bank to Pay Up to $270,000 Per Employee in Mercantile MergerDiscount Bank is set to spend at least 500 million shekels on severance packages for employees leaving Mercantile Bank as part of a merger. An estimated 400 to 550 employees will depart, potentially receiving one million shekels each. The merger, approved by both banks' boards, is expected to be completed by 2027, pending regulatory approvals. Analysts suggest the full benefits of the integration will take about three years to materialize.Economy · 16d ago · also in 2 newsroomsCoworking Chain ROOMS to Invest NIS 24 Million in New Ramat Gan ComplexCoworking network ROOMS, part of the Fattal Group, will invest NIS 24 million in a new 5,000-square-meter complex in Ramat Gan, opening in December 2026. The 15th Israeli location will offer shared and private offices, plus a dedicated health and leisure floor with saunas and ice baths. This expansion reflects a growing trend of incorporating wellness amenities into office spaces to attract businesses and workers.Economy · 16d ago · also in 1 newsroomIsraeli Auto Industry Sees Executive Changes and Brand ShiftsIsraeli car importers have seen recent executive changes and brand shifts. All-Car appointed new division directors, while Delahom Motors named Avi Tzur as Chairman following its acquisition of the JAC brand franchise. Auto Chen has also taken over the exclusive franchise for the Forthing brand. These changes reflect ongoing developments within Israel's automotive sector.Economy · 16d ago · also in 1 newsroomNew Tool Allows Israelis to Track Apartment Sale Prices by BuildingA new Bizportal calculator allows Israelis to check apartment sale prices within specific buildings by address. Lawyer Guy Zomer compiled a database of 3.8 million transactions, making it publicly accessible. Users can input an address to see past sales in their building, helping estimate property value before buying or selling.Economy · 16d agoPassengers Furious as Emirates, Flydubai Refuse Refunds After Flight CancellationsIsraeli passengers are facing significant difficulties with Emirates and Flydubai following flight cancellations, with airlines allegedly refusing refunds and alternative travel to Israel. Passengers report being forced to sign waivers and incurring substantial extra costs for independent travel arrangements. Legal experts and the Ministry of Transport assert that airlines are legally obligated to provide full refunds or alternative flights and assistance, regardless of security situations or passenger waivers.Economy · 17d ago · also in 1 newsroomFormer Israeli Goalkeeper Ariel Harush Pivots to Managing Millions in FinanceFormer Israeli goalkeeper Ariel Harush has transitioned to finance, aiming to manage hundreds of millions of dollars in a new investment fund. He cited financial mismanagement by fellow players as motivation and seeks greater success in business than he had in football.Economy · 17d ago · also in 7 newsroomsIsrael's Treasury Proposes New Taxes to Counter AI's Economic ImpactIsrael's Ministry of Finance is proposing new taxes, including on vacant land and luxury goods, and enhanced VAT collection on digital services, to offset potential revenue losses from the rise of artificial intelligence. The measures aim to address concerns about job displacement, economic inequality, and maintaining Israel's competitive edge in the global tech market.Economy · 17d agoYour Guide to 2026's Major Shopping Sales and SavingsA guide to the 2026 shopping sales season, detailing dates for events like Amazon Prime Day, Singles' Day, Black Friday, and Cyber Monday. It provides tips on maximizing discounts, understanding Israeli import tax regulations, and avoiding common online shopping pitfalls.Economy · 17d ago · also in 1 newsroomSkoda Octavia Hybrid Unveiled, Set for Israeli Debut in 2027Skoda has unveiled a new hybrid version of its Octavia model, which is expected to launch in Israel in the first half of 2027. The hybrid Octavia aims to boost Skoda's market presence in Israel amidst growing demand for hybrid vehicles.Economy · 17d ago · also in 2 newsroomsMaccabi Tel Aviv Stock Value Revealed Amid Ownership DisputeRichard Daiz submitted court documents revealing Maccabi Tel Aviv's share structure and alleged attempts by Shimon Mizrahi and the Rekanati family to buy and sell shares. The filings suggest a club valuation of $200 million, though the per-share price is symbolic as the club is not publicly traded.Economy · 17d ago · also in 5 newsroomsIsraeli Supreme Court Rules Travel Agencies Cannot Charge Fees for Flight Refund AssistanceIsrael's Supreme Court ruled that travel agencies cannot charge fees for assisting passengers with flight refunds. The court ordered one agency to repay deducted fees to a traveler, citing consumer protection laws.Economy · 17d agoNew Tool Compares Apartment Prices to Similar Real Estate DealsA new online tool from Bizportal analyzes real estate transactions to provide price comparisons for apartments. It examines deals in the same building, street, nearby plots, and the entire city within a two-year period to estimate property values.Economy · 18d agoFuel Price Surge Drives Interest in Electric Cars Despite Government SubsidiesInterest in electric cars in Israel has surged due to rising fuel prices, with inquiries nearly doubling in months. This trend persists despite government subsidies aimed at lowering gasoline costs, suggesting a lasting shift in consumer preference.Economy · 18d ago · also in 3 newsroomsIsraeli Businessman Babo Cubo Plans $19 Billion Development Near OrlandoIsraeli businessman Babo Cubo has received approval for a $19 billion luxury development project in Florida called "Toscana." The project near Orlando will feature thousands of apartments, hotel rooms, and commercial spaces, aiming to attract international brands and tourists.Economy · 18d ago · also in 2 newsroomsArkia Accused of Overcharging Passengers on Rescue FlightsPassengers on Arkia Airlines rescue flights were charged for luggage that was state-funded and transported separately. Arkia is refusing to issue refunds, claiming it covers additional delivery costs, and passengers are organizing to demand their money back.Economy · 18d ago · also in 1 newsroom45 Israeli Cities Offer 4-Room Apartments Within NIS 2 Million BudgetA new calculator shows 45 Israeli cities where a four-room apartment can be bought for under NIS 2 million, with prices varying significantly across the country. Tel Aviv is the most expensive, while cities like Nazareth and Ofakim offer much lower prices.Economy · 18d ago · also in 1 newsroomIsraeli Average Salary Rose in August to Over 14,400 ShekelsIsrael's average salary in August was 14,448 shekels, up 4.2% from the previous year. The number of salaried jobs decreased slightly in August compared to July. High-tech salaries also saw an increase in July.Economy · 18d agoIsraeli Comedy Trio 'Mah Kשור' Invests $7 Million in New Coffee BrandIsraeli comedy group 'Mah Kשור' has invested 7 million shekels to launch their own black coffee brand, aiming to compete in the half-billion shekel Israeli market. The trio is deeply involved in ownership and development, partnering with 'Raito' for an aggressive nationwide rollout.Economy · 18d ago · also in 1 newsroomHolmes Place Gym Chain Ordered to Pay NIS 250,000 to CleanerThe Tel Aviv Regional Labor Court ordered the Holmes Place gym chain to pay NIS 250,000 to a cleaner, ruling the chain was his direct employer despite claims of an external contractor. The worker was denied social benefits and wrongfully terminated after seven years.Economy · 18d agoNew Initiative Helps Bereaved Families Access Financial AssetsA new volunteer initiative called "Mizmat Shahar" is helping Israeli bereaved families access financial assets left by fallen soldiers. Founded by Aviad Shuv after his friend's death, the project navigates bureaucratic and emotional challenges, having already returned over 10 million shekels to families.Economy · 18d ago · also in 1 newsroomEngineering Firm's Fees Revealed in Lawsuit: Up to Millions Per ProjectA lawsuit filed by former employee Tamir Nahari has revealed that David Engineers, a major Israeli firm, charges up to millions of shekels per project. Nahari is suing for NIS 8 million in back pay, alleging the firm misrepresented client payments and underpaid him.Economy · 18d ago · also in 33 newsroomsIsrael Cuts Fuel Prices by Half a Shekel Per Liter Amid Public OutcryIsrael's Prime Minister Benjamin Netanyahu and Finance Minister Bezalel Smotrich have reduced gasoline prices by half a shekel per liter to 7.77 shekels, following a record price surge and public backlash. The move comes with significant state subsidies, costing taxpayers over 300 million shekels.Economy · 19d ago · also in 1 newsroomHaifa Apartment With Massive Balcony Sells for 1.55 Million ShekelsA 40-square-meter two-room apartment in Haifa, distinguished by its expansive 63-square-meter balcony, was sold for 1.55 million shekels. The sale highlights the diverse pricing of two-room apartments in the city, with this unit fetching a high price due to its unique outdoor space.Economy · 19d ago · also in 33 newsroomsIsrael to Lower Fuel Prices by 50 Agorot Amid Election SeasonIsrael's Finance Minister Bezalel Smotrich has ordered a 50 agorot per liter reduction in fuel prices, bringing the cost to 7.77 shekels. This is the second such cut in two months, costing the state approximately half a billion shekels, and is being implemented despite opposition from ministry professionals.Economy · 19d agoIsraelis Fuel Corfu's Economy, Driving Record Tourism NumbersIsraeli tourists are significantly boosting Corfu's economy, driving record flight numbers and spending more daily than other European visitors. Israelis are also investing heavily in the island's real estate market, and diplomatic ties are strengthening.Economy · 20d ago · also in 3 newsroomsRomanian Airline AnimaWings Files for Bankruptcy, Stranding Hundreds of IsraelisRomanian airline AnimaWings has declared bankruptcy, canceling return flights for hundreds of Israeli passengers stranded in Bucharest. The passengers are covering their own expenses while awaiting solutions, criticizing the lack of assistance.Economy · 21d ago · also in 2 newsroomsCompany Must Pay Hundreds of Thousands in National Insurance Fees for Employee VehiclesAn Israeli infrastructure company, A. Litman, must pay hundreds of thousands of shekels in National Insurance fees for employee vehicles deemed a salary benefit. The National Labor Court rejected the company's appeal, ruling that the possibility of private use, not just actual use, triggers the fees.Economy · 22d agoEilat VAT Exemption Drives Israelis to Higher-End PurchasesAn analysis by Zap Price Comparison shows that Israel's VAT exemption in Eilat leads consumers to buy more expensive, upgraded products rather than save money, with mobile phones and Apple products seeing significant shifts towards premium models.Economy · 22d agoIsrael Approves Fuel Subsidy to Mitigate Price HikeIsrael's Attorney General approved a 50 agorot per liter fuel subsidy for October, lowering the price from a record high to 7.77 shekels. The subsidy, costing the state over 300 million shekels for two months, aims to mitigate global price increases driven by oil markets and currency fluctuations.Economy · 22d ago · also in 8 newsroomsFormer Mattel CEO Ynon Kreiz Tapped for Top Role in Paramount-Warner Bros. Discovery MergerFormer Mattel CEO Ynon Kreiz has been appointed co-CEO of the merged Paramount and Warner Bros. Discovery entity, overseeing daily operations and integration. The $81 billion deal, which combines major entertainment brands, has faced antitrust scrutiny and controversy.Economy · 22d ago · also in 2 newsroomsIdan Ofer's Cannon Invests $450 Million in US Infrastructure FirmIdan Ofer's Cannon company is investing $450 million for a 25% stake in US infrastructure firm Vesta, following a highly profitable exit from its investment in the shipping company ZIM. The deal values Vesta at $2.92 billion.Economy · 23d ago · also in 1 newsroomIsrael Faces Potential Price Hikes as Fuel Costs Soar to Record HighsGasoline prices in Israel are set to hit a record high, prompting concerns about widespread price increases in transportation, utilities, and goods. The government is considering expanding fuel subsidies despite financial and legal challenges.Economy · 23d ago · also in 1 newsroomRamat Gan Approves Massive Redevelopment With Dozens of New SkyscrapersRamat Gan has approved a massive urban renewal project for its Stock Exchange district, featuring dozens of new skyscrapers, some up to 100 stories high. The plan aims to transform the area into a 24/7 mixed-use hub with extensive office, residential, commercial, and public spaces, enhancing its status as a major Israeli business center.Economy · 23d agoChinese Fashion Giant Shein Faces Major Losses Amid Global TurmoilChinese fast-fashion retailer Shein has reported significant profit declines and slowed growth, leading to a stock price crash. Factors include the cancellation of duty-free status in the US and Europe, rising shipping costs due to Middle East tensions, and increased competition, impacting consumers with higher prices and longer delivery times.Economy · 23d ago · also in 7 newsroomsIsrael Seeks to Block Record Fuel Price Hike Amid Election ConcernsIsrael's Finance Minister will hold an urgent meeting to try and block a record 52 agorot per liter fuel price increase, but faces legal challenges due to the upcoming elections.Economy · 24d ago · also in 3 newsroomsIsrael's Largest Mall Opens New Platinum Floor After Major Ownership ChangesIsrael's largest mall, Kanyon HaZahav in Rishon LeZion, has opened a new 12,000 square meter "Platinum Floor" after a 100 million shekel investment. The expansion makes it the country's largest mall by area and follows a recent acquisition of full ownership by Migdal insurance company.Economy · 24d agoApartment Prices Decline Across Most Major Israeli CitiesApartment prices per square meter have fallen in 16 of 20 major Israeli cities over the past year, according to new data from Yad2. The steepest drops were seen in Rishon LeZion for three-room apartments and Ashdod for four-room apartments, with experts noting increased negotiation room for buyers.Economy · 24d agoLego Price Wars Intensify in Israel as New Retailers Enter MarketLego prices in Israel are becoming more competitive with the entry of Shufersal and Osher Ad into the market, alongside existing retailers. Consumers can find significant price differences for the same Lego sets across various stores, necessitating price comparisons before purchasing.Economy · 24d ago · also in 18 newsroomsFuel Prices in Israel to Hit Record High Amid Global Market SurgeThe price of gasoline in Israel is set to reach a record high of 8.27 shekels per liter due to global price increases and a stronger dollar, despite a government tax reduction.Economy · 24d ago · also in 15 newsroomsIsrael's Finance Ministry Warns Against ZIM Shipping Deal Amid Qatar ConcernsIsrael's Ministry of Finance advised against approving the sale of ZIM Integrated Shipping Services to Hapag-Lloyd, citing risks of Qatari influence and a weakened national shipping capacity. The ministry warned the deal could compromise Israel's ability to transport goods independently, particularly during emergencies.Economy · 24d ago · also in 6 newsroomsMelisron CEO Ofir Sarid Dies at 54 After IllnessOfir Sarid, CEO of the Israeli real estate group Melisron, died at age 54 after a period of medical leave. He led the company for seven years, expanding its operations into residential development.Economy · 24d agoIsraeli Housing Prices Show Mixed Trends Despite National DeclineNational Israeli housing prices fell 4.9% in 2025, but this masks varied trends, with prices rising in 41 out of 59 cities examined. The national decrease is attributed to a shift in transaction types rather than a broad price drop.Economy · 24d ago · also in 4 newsroomsUS Bank Valley Acquires Israeli Fintech Bluevine for $340 MillionUS-based Valley National Bank is acquiring Israeli fintech firm Bluevine for approximately $340 million in a deal expected to close in early 2027. The acquisition aims to bolster Valley Bank's funding, expand its small business services, and accelerate its digital and AI capabilities.Economy · 25d ago · also in 4 newsroomsEmployer Fined Nearly $250,000 for Pension Contribution ErrorsAn Israeli labor court ordered a company to pay a former employee 889,301 shekels because it failed to transfer his pension contributions for two months of work in 2016, resulting in his denial of disability benefits. The court found the company directly responsible for the financial damages and loss of insurance coverage.