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Ynet
Hebrew news site of the Yedioth Ahronoth Group. We translate its reports into English and compare them with 42 other newsrooms.
Group in the coverage barCentrist pressIts own lean is rated Center.
OwnerYedioth Ahronoth GroupCommercial advertising
Language and baseHebrew · Rishon LeZionFounded 2000
The last 30 days
3,599reports translated
37%first to report
155 mintypical time behind the first report
100%carry a named author
1%opinion and analysis
Why not a score? These are rates we can recompute. A single number would hide whether a newsroom is slow, unnamed, or mostly reprints. How we measure
How Ynet writes
Ynet's tone this month is neutral, close to the rest of the centrist press. On the IDF, the police, Netanyahu, Hamas and the United States its wording is in step with the other newsrooms.
From 3,660 reports this month, judged without the newsroom's name. How this is measuredOnly Ynet had it
Tel Aviv Man Indicted for Murder and Attempted Cover-UpSecurity · 25m agoDrone Strike Hits Village in Southern LebanonSecurity · 1h agoYouth's Detention Extended After Brother's Accidental Shooting DeathSecurity · 1h agoBig stories Ynet skipped
Abu Mazen Postpones Palestinian Elections Until 2027, Faces Fierce CriticismCovered by 16 newsroomsUS Asked Israel to Strike Iran Independently Before ElectionsCovered by 13 newsroomsMaccabi Tel Aviv Frustrated by Draw, Blame Themselves for Lost PointsCovered by 12 newsroomsLatest from Ynet
Economy · 3h ago · also in 3 newsroomsLuxury Hotel to Be Built in Caesarea, First in 60 YearsA new luxury hotel, the first in Caesarea in about 60 years, has received a building permit for construction in the Neot Golf neighborhood. The project, a collaboration between Amram Avraham and Shi Hai groups, will feature 108 rooms and be operated by the Gordonia chain. This development is part of a larger tourism expansion in the Hof HaCarmel region, with six other hotels currently under construction. The hotel is expected to commence construction shortly.Economy · 4h agoAirlines Launch New Winter Routes and Budget FlightsBlue Bird Airways will offer direct winter flights to Crete starting at 65 euros, alongside vacation packages. Air Haifa is launching new flights from Tel Aviv to Eilat on October 25, with introductory fares of 79 shekels one-way. These new routes aim to provide more affordable and direct travel options for Israelis. Air Haifa plans to increase flight frequency on the Eilat route in November.Economy · 4h ago · also in 13 newsroomsOne Zero Bank to Lay Off 7% of Staff Amid Efficiency DriveOne Zero Bank is laying off approximately 25 employees, or 7% of its staff, as part of an efficiency drive. The bank will also cancel hiring for 10 positions, reducing its workforce by 10% from its original plan. This move coincides with the bank's expansion of automation and AI usage, alongside reported growth and improved financial outcomes. CEO Eyal Gafni acknowledged the difficulty of the decision in a letter to employees.Economy · 5h ago · also in 6 newsroomsPenthouse in Tel Aviv Sells for $15 MillionHagag Group has sold a penthouse in Tel Aviv's Infinity Tower for 55.555 million shekels, approximately $15 million. The buyer is an American Jew purchasing the property for residential use. The luxury apartment spans two floors and includes extensive balcony space. The sale highlights the strength of Israel's high-end real estate market, with foreign buyers playing a significant role.Economy · 5h ago · also in 13 newsroomsDigital Bank One Zero Cuts 25 Jobs in Latest Efficiency DriveDigital bank One Zero is laying off approximately 25 employees, or 7% of its staff, as part of a new efficiency drive. The bank is also pausing recruitment for ten positions, reducing its planned workforce by 10%. This latest round of cuts, the third in 2024, comes as the bank increases its use of automation and AI, while simultaneously reporting business growth and improved financial results. CEO Eyal Gafni stated the decision was difficult but necessary for the bank's evolution towards greater efficiency and scale.Economy · 5h ago · also in 5 newsroomsFuel Company Offers Free Gas for Six Months in IsraelDelek Israel is offering 30 customers free gasoline for six months as part of its 75th-anniversary celebration. Club members can enter a daily draw by purchasing fuel or items from convenience stores between October 8 and November 6. Each winner receives 600 liters of gasoline, valued at approximately 4,662 shekels, to help offset rising fuel costs. The promotion aims to encourage customer loyalty amidst a series of price increases.Economy · 8h agoAviation Leaders Warn of Price Hikes and Airline FailuresEuropean aviation leaders warned of significant challenges at a Brussels conference, citing security threats from within cockpits and projected airfare increases. Following an attempted hijacking, executives acknowledged that absolute flight safety is impossible. CEOs of major airlines predict rising jet fuel costs will lead to higher ticket prices and potential airline failures, especially for smaller carriers. Airlines are already reducing flight capacity, and passengers may face fewer options and more expensive travel.Economy · 9h agoIsraeli Researcher Finds Gender Bias in Investment EducationDr. Sagit Pestman's research reveals that investment courses for women in Israel are often taught at a lower professional level than those for men, sometimes lacking basic resources. The messaging to women frames financial engagement as solving an inherent problem, unlike the aspirational messaging for men. Despite these gendered approaches, women's participation in investment accounts has increased significantly, though Pestman warns against solely relying on the stock market for financial security.Economy · 9h agoIsraeli Housing Market Sees Slight Rise, Secondhand Prices DipIsrael's housing prices rose slightly by 0.2% in June-July, but secondhand apartment prices fell 1.2% in the second quarter. Amidst a slowdown in real estate deals, recent sales data shows a 4-room semi-detached house in Ramla on a 435 sqm lot sold for 3.75 million shekels. Other sales included a 4-room apartment in Tel Aviv for 3.88 million shekels and a 6-room duplex penthouse in Shoham for 4.7 million shekels. The Central Bureau of Statistics will soon release updated housing price data.Economy · 10h agoChinese Electric Car Buyers Get Three Years of Free Nighttime ChargingGeo Mobility and Super Power are offering three years of free nighttime home charging to new buyers of the Geely E5 electric car, starting October 1. The promotion includes up to 250 kWh of free electricity per month, aiming to boost sales and attract customers to Super Power's electricity plans. Buyers need a smart meter and must join a specific electricity plan, with savings estimated at up to 160 shekels monthly.Economy · 16h ago · also in 20 newsroomsIsraeli Grocery Prices Soar at Nearly Five Times the Previous RateA new study by Tel Aviv University researchers found that the cost of a basic food basket in Israel has increased by nearly five times over the past four years compared to the previous four. Price surges were seen across all sales channels, with neighborhood stores and online platforms experiencing the highest percentage increases. Researchers attribute the dramatic rise to a "regulatory and public vacuum," alongside increased costs for utilities and taxes, warning that government intervention is needed to curb the high cost of living.Economy · 2d agoIsrael's Most Expensive Homes Sold for Over $24 Million This YearThe most expensive homes in Israel were sold for over 90 million shekels during the Hebrew year 5786, with Tel Aviv being the dominant market. The top sale was an apartment in Neve Tzedek for approximately 91.4 million shekels. Experts attribute demand to unique properties and international buyers, though overall luxury market transactions have seen a slight decline from the previous year.Economy · 2d agoHow AI and Celebrities Fuel Israel's Hottest New BrandsIsraeli entrepreneurs Michael Osdon, Eli Zilberman, and Ofer Shaaltiel are achieving significant success by using AI to identify consumer trends and partnering with celebrities to launch new brands. Their protein ice cream, TURBO, co-created with NBA player Danny Avdija, sold over a million units in its first year. They are now launching a black coffee brand with the comedy trio "Mah Kardash" and have also partnered with Daniel Amit for the "Deniz" cake brand. Raito's strategy focuses on deep celebrity involvement and creating shared consumer experiences, driven by AI analysis of market trends.Economy · 2d ago · also in 3 newsroomsEuropean Airlines Expand Flights to Israel and New Asian DestinationsSpanish carrier Iberia will resume flights between Tel Aviv and Madrid on October 25, operated by Iberia Express. Polish Airlines LOT launched a new Warsaw-Bangkok route on Wednesday, offering an alternative for Israelis traveling to Thailand. These airline resumptions follow British Airways' announcement of its return to Tel Aviv and add to increased flight options for Israeli travelers.Economy · 3d ago · also in 1 newsroomDaughter of "Chai Chinam" Founder Departs After Power CutOrit Shalom Bag, daughter of "Chai Chinam" founder Zakhi Shalom and its former Trade Department manager, has been fired by CEO Moti Cooperly. This follows Cooperly's alleged efforts to remove her and his recruitment of Nissim Freienti to replace her in January. The move is part of an internal conflict that previously saw Shalom Bag removed as co-CEO. Sources suggest her powers were curtailed to force her resignation.Economy · 3d ago · also in 6 newsroomsIsraeli Ministry of Communications Report Details Consumer Complaints and RefundsA report by Israel's Ministry of Communications shows a 9.5% rise in telecom complaints in 2025, with 855,423 shekels refunded to consumers. The report details cases of wrongful billing, including one where a customer received 16,660 shekels after being charged for unused phone lines for eight years. Mobile services generated the most complaints, with Xfone leading in issues per customer, though Rami Levy Communications improved.Economy · 3d ago · also in 7 newsroomsIsrael's Budget Deficit Holds Steady at 3.2% of GDP Ahead of ElectionsIsrael's budget deficit remained stable at 3.2% of GDP in the year ending September, totaling 71.8 billion shekels. Higher-than-expected revenues contributed to the low deficit, despite a monthly deficit increase in September. The deficit is projected to grow by year-end, with a significant increase planned for the defense budget. Government revenues rose 10.4% year-over-year, while expenditures increased by 3.4%.Economy · 3d ago · also in 1 newsroomCash Management Machines Gain Traction Amidst Legal Battles Over Cash HandlingA class-action lawsuit against Rami Levy for charging cashiers for register shortages has highlighted issues with cash handling in Israeli retail. The CashDro machine, a secure cash management system, is gaining popularity in supermarkets and other businesses to prevent errors, detect counterfeits, and streamline operations. Despite the rise of digital payments, cash remains legal tender and widely used in certain sectors, making such technologies essential for retailers.Economy · 3d agoSalesman Awarded $75,000 for Overtime After Working Evenings from HomeAn Israeli labor court ordered an optics company to pay a former salesman $75,000 in back pay, mostly for overtime worked from home. The court ruled that his evening work, particularly for clients in Latin America due to time differences, was not adequately recorded by the company. While acknowledging his autonomy, the judge found he was not in a management role exempt from overtime laws. The company failed to prove the employee did not work the claimed overtime hours.Economy · 3d ago · also in 7 newsroomsTel Aviv Stock Exchange Explores Acquisition of Cyprus ExchangeThe Tel Aviv Stock Exchange is in advanced talks to acquire the Cyprus Stock Exchange as part of a government privatization tender. The acquisition, valued at 20-40 million euros, would grant TASE access to the Eurozone and align with its new strategic plan for expansion. Several European exchanges are expected to compete for the Cyprus Stock Exchange, which has annual revenues of 4-7 million euros. TASE aims to boost the Cypriot exchange's profitability and trading volumes.Economy · 3d agoTel Aviv Stock Exchange Ends Trading Day With Sharp DeclinesThe Tel Aviv Stock Exchange experienced significant declines on Tuesday, with the Tel Aviv 35 index dropping 2.44%. Defense company stocks led the downturn, with the defense index falling over 4%. Next Vision shares continued a sharp decline, losing over 13% after a more than 12% drop the previous day. Other defense firms like Third Eye and Beit Shemesh also saw substantial losses.Economy · 3d ago · also in 3 newsroomsTel Aviv Stock Exchange Plunges Amid Defense and Insurance Stock DeclinesThe Tel Aviv Stock Exchange saw sharp declines on Wednesday, with the TA-35 index falling 2.4%. Defense and insurance stocks led the downturn, with the defense index dropping nearly 4%. Defense company NextVision shares fell over 9% after a 12% drop the previous day. The US dollar strengthened against the shekel, closing at 3.07.Economy · 4d ago · also in 2 newsroomsFatale's ROOMS Coworking Chain Invests NIS 24 Million in New Tel Aviv SpaceThe ROOMS coworking chain, part of the Fatale Group, is investing NIS 24 million in a new 5,000 square meter workspace in Tel Aviv's ELITE TOWER. The 15th location for the chain, it will offer co-working, private offices, and extensive wellness and community facilities. The complex is scheduled to open in December 2026, aiming to meet the growing demand for flexible and service-rich work environments.Economy · 4d ago · also in 1 newsroomIsrael's War Costs Soar, With Long-Term Economic ImpactIsrael's war expenses are projected to reach 405 billion shekels by April 2026, impacting the economy through lost revenue, reduced output, and increased defense spending. Annual costs are expected to rise by at least 40 billion shekels for defense and 20 billion for debt interest. These burdens will likely lead to higher taxes or reduced public services for citizens and future generations. The article highlights the immense financial strain and the difficult choices ahead for the nation.Economy · 4d agoIsraeli Defense Stocks Dive Despite Strong Financial ReportsIsraeli defense companies are achieving record financial results due to the Middle East conflict and global tensions, but their stock prices are falling. Elbit Systems' stock has dropped significantly from its peak, and NextVision shares plummeted after a major investor sold its stake. Despite these market declines, Elbit Systems is set to participate in a military exhibition in Morocco, showcasing its advanced defense technologies.Economy · 5d ago · also in 4 newsroomsBank Hapoalim Agrees to $1.8 Million Settlement in Class Action Over Deposit Interest RatesBank Hapoalim will pay 6.7 million shekels to settle a class-action lawsuit regarding reduced interest rates on deposits after partial withdrawals. The bank will also implement clearer disclosure and confirmation procedures for future transactions.Economy · 5d ago · also in 4 newsroomsIsrael's Supreme Court Rules Travel Agencies Cannot Charge Fees on Canceled FlightsIsrael's Supreme Court ruled that travel agencies cannot charge handling fees on refunds for flights canceled by airlines, overturning lower court decisions and ordering a travel agency to refund a passenger's $30 fee. The decision clarifies that a temporary order allowing such fees during the pandemic has expired, and the practice is now illegal.Economy · 5d ago · also in 6 newsroomsBezeq May Soon Offer TV Services, Challenging CompetitorsBezeq is poised to offer integrated packages of internet, telephony, and television services, potentially merging with its subsidiary YES. A regulatory review is nearing completion, with a public hearing expected soon, which could allow Bezeq to compete more directly with rivals like HOT and Cellcom. The merger, if approved, faces regulatory hurdles and is not expected to be finalized until 2027.Economy · 5d agoIsraeli Restaurateur Plans Ambitious Expansion With Six New EateriesIsraeli restaurateur Alex Sachnovski is launching an ambitious expansion, planning to open six new restaurants in Israel within a year. Despite challenging economic conditions, he aims to create diverse dining experiences, from French brasserie to Japanese omakase, leveraging his international experience and passion for Israel.Economy · 5d ago · also in 8 newsroomsIsraelis Spent Over 53 Billion Shekels During Holiday MonthIsraelis spent over 53 billion shekels in September 2026, a record for the holiday month, with significant increases in spending on food, leisure, travel, and fuel. Online transactions drove much of the growth, while physical store spending saw a slight decrease.Economy · 5d agoFuel Prices Rise Amidst Election-Related SubsidiesFuel prices are rising globally due to geopolitical tensions and a stronger dollar. In Israel, a temporary tax cut on fuel, costing 450 million shekels, is seen as an election-related subsidy expected to be reversed after the vote.Economy · 5d agoChristmas Flight Prices Soar for Some European DestinationsFlight prices for Christmas travel to popular European destinations have seen significant increases, with Salzburg and Vienna experiencing the largest jumps. However, some cities like Zurich and Munich have seen prices decrease. Demand for December travel is up, and Israeli travelers' preferred destinations have shifted.Economy · 5d agoBusiness Family Expands into Fast Food with Multiple AcquisitionsBusiness family M. Baruch & Sons has acquired stakes in two Israeli fast-food businesses, "Don Prado" pizza and "Wings Crispy," as part of a plan to build a national fast-food group. The expansion into the growing fast-food sector comes amid rising living costs and lower operational overheads compared to traditional restaurants.Economy · 5d ago · also in 2 newsroomsFlydubai Flight Suspensions Cause Airfare Surges to AsiaThe suspension of Flydubai flights to Israel has caused a dramatic increase in airfares to Asian destinations, with prices for some routes quadrupling. Airlines like Etihad, Arkia, and El Al have seen significant price hikes due to reduced seat availability and increased demand.Economy · 6d ago · also in 3 newsroomsJerusalem Contractor Seeks Receiver Amid Over 60 Million Shekel DebtJerusalem-based construction firm Neta Lipschitz is seeking court protection for economic rehabilitation, citing debts over 60 million shekels. The company blames the "Swords of Iron" war and rising costs for its financial distress, while aiming to complete its "Givot HaYovel" project and protect stakeholders.Economy · 6d ago · also in 4 newsroomsCoca-Cola Israel Launches New Mini Cans Amid Parallel Import CompetitionCoca-Cola Israel has launched a new 12-pack of 150 ml mini cans, "Coke Ba'קטנה," in response to parallel imports. While offering less volume than standard cans, the mini cans are expensive at base price but available at significant discounts, though still generally pricier per volume than larger bottles.Economy · 6d agoBrothers Lose Appeal on Reduced Property Tax for Caesarea DuplexAn Israeli tax appeals committee ruled that two brothers and their wives must pay standard residential property acquisition tax on a duplex under construction in Caesarea, rejecting their claim for a reduced rate based on purchasing land. The committee found the transaction was for advanced residential units, not raw land for self-building.Economy · 6d agoFairness in Family Business Succession: Beyond Equal SharesA father's plan to divide his company equally among his three children is complicated by their different roles and interests. The article proposes a structured "fairness protocol" to define equitable distribution beyond simple share percentages, considering factors like liquidity, control, and prior contributions, to ensure business continuity and family harmony.Economy · 6d ago · also in 5 newsroomsGlobal Markets Reel as French Unrest Weakens EuroThe euro has fallen sharply against the dollar and the Israeli shekel due to severe unrest in France, raising concerns about political instability and its impact on the French budget and debt crisis. Weak US employment data also influenced global markets, affecting interest rate expectations for the Federal Reserve.Economy · 6d ago · also in 3 newsroomsFailed Developer Oren Kobi Seeks Court Review of Debt PaymentsOren Kobi, a former real estate entrepreneur facing bankruptcy and criminal charges, has asked the court to review his NIS 30,000 monthly debt payment order. He claims his earning capacity is zero due to house arrest and business bans, and has submitted detailed financial reports to the court, arguing the current order is impossible to meet and punitive.Economy · 6d agoIsrael Returns to Full Productivity After Holiday PeriodIsrael's economy is returning to full operation after the recent holiday season. Professionals in education, retail, security, election management, and personal services shared their demanding experiences during the busy period and their expectations for the coming months.Economy · 6d ago · also in 1 newsroomIsraeli Businessman's $19 Billion Florida Real Estate Project Gets Green LightIsraeli businessman Babo Kubo received approval for a $19.1 billion real estate development in Orlando, Florida, after overcoming environmental and legal challenges. The project, named "Tuscany," will feature residential units, hotel rooms, and commercial spaces, aiming to attract luxury brands and capitalize on the area's tourism.Economy · 7d ago · also in 3 newsroomsOakberry Açaí Chain Plans 30 Branches Across IsraelThe international açaí chain Oakberry has reopened in Tel Aviv with two new branches and plans to expand to 30 locations across Israel within the next year. Despite high prices, the brand has seen strong demand, with its Israeli representative optimistic about future growth and menu additions.Economy · 7d ago · also in 7 newsroomsKamari Retail Buys Half of Kosher Hot Dog Chain Zalman'sKamari Retail is acquiring a 50% stake in the kosher hot dog chain Zalman's for approximately 3.5 million shekels. The company plans to expand Zalman's, particularly within the Haredi sector, aiming for 40 branches nationwide. This move comes amid a resurgence in hot dog popularity in Israel.Economy · 7d agoPost-Holiday Travel Deals Offer Significant SavingsInternational travel package prices have dropped significantly following the end of the Sukkot holidays, with some destinations seeing price reductions of up to 60%. Experts attribute this to decreased demand and highlight the period as a prime opportunity for budget-conscious travelers.Economy · 7d agoIsraeli Housing Market Sees Slight Rise, Secondhand Homes DipIsrael's housing prices saw a slight 0.2% increase in June-July, but secondhand home prices dropped 1.2% in the second quarter. A review of recent sales highlighted a four-room apartment in Be'er Sheva selling for 940,000 shekels, while other cities like Ashdod and Kiryat Gat saw higher prices for similar properties.Economy · 8d agoEtihad Airways Adds Two Flights Between Tel Aviv and Abu DhabiEtihad Airways is adding two commercial flights between Tel Aviv and Abu Dhabi starting tomorrow, with more permanent flights to follow after final approvals.Economy · 9d agoDevelopers Return to Childhood Neighborhoods for Urban Renewal ProjectsSeveral Israeli real estate developers are undertaking urban renewal projects in their childhood neighborhoods, driven by personal connections and a desire to give back to the communities where they grew up. These projects involve replacing older buildings with new apartment towers, aiming to revitalize areas while creating a sense of closure for the developers.Economy · 9d agoIsraeli Families Thrive by Blending Business Acumen with Familial BondsSeveral Israeli families have successfully integrated their personal and professional lives, building thriving businesses through clear role division, mutual trust, and open communication. These family enterprises span various sectors, including food, fashion, technology, and manufacturing, demonstrating that familial bonds can be a strong foundation for business success when managed effectively.Economy · 10d ago · also in 6 newsroomsNew Fast Lane Hub Opens in Rishon LeZion, Connecting to Tel AvivA new transportation hub in Rishon LeZion, part of Israel's "Fast Lane" project, opens Sunday, offering parking and free electric shuttles to Tel Aviv. The project aims to reduce commute times but is criticized for its limited public transport connectivity, with private vehicles expected to join for a toll in 2027.Economy · 10d ago · also in 8 newsroomsPalo Alto Networks Becomes First Company Valued at $1 Trillion on Tel Aviv Stock ExchangePalo Alto Networks achieved a historic milestone by becoming the first company to reach a one trillion shekel market valuation on the Tel Aviv Stock Exchange. The cybersecurity giant's stock surged over 4% on Thursday, significantly outpacing other companies on the exchange.Economy · 10d ago · also in 26 newsroomsIsrael Approves 50 Agorot Fuel Price Cut After Record HighsIsrael's Finance Minister Bezalel Smotrich plans to reduce gasoline prices by 50 agorot per liter for one month, following a record-high price increase. The decision awaits the Attorney General's approval.Economy · 10d ago · also in 26 newsroomsIsrael Approves 50 Agorot Fuel Price Cut Amid Fiscal ConcernsIsrael's Finance Minister plans to reduce gasoline prices by 50 agorot per liter for one month, pending legal review and public comment. The move faces opposition from government officials concerned about the country's fiscal health.Economy · 10d ago · also in 8 newsroomsIsraeli Executive Ynon Kreiz Tapped for Top Hollywood RoleIsraeli executive Ynon Kreiz will become co-CEO of the newly merged Paramount and Warner Bros. Discovery, a $110 billion deal. Kreiz previously led Mattel, revitalizing the Barbie brand and overseeing its successful film adaptation.Economy · 10d agoMortgage Guide: Key Questions for First-Time HomebuyersSharon Ben Yehuda, head of mortgages at Mizrahi Tefahot Bank, provides guidance for first-time homebuyers on navigating the mortgage process. Key advice includes understanding personal financial needs, regulatory limits on loan amounts and repayment capacity, choosing appropriate mortgage tracks, and the importance of preliminary bank approval before signing contracts.Economy · 10d ago · also in 2 newsroomsCellcom TV to Increase Sports Package Price by 9%Cellcom TV is raising the price of its "Sport 5 Premium" package by about 9% to NIS 57 per month starting October 14, 2026. Other providers offer the package at varying prices, with Free TV and Partner TV+ having the lowest options.Economy · 11d ago · also in 14 newsroomsFlydubai Incident Sparks Surge in Israeli Airline StocksIsraeli airline stocks El Al and Israir surged following a suspected terror incident on a Flydubai flight, with security officials believing a co-pilot attempted to crash the plane. The event may prompt Israelis to favor domestic carriers.Economy · 11d agoHybrid Work Model Enables Northern Israelis to Pursue Careers CentrallyHybrid work arrangements are enabling Israelis in the north to pursue careers in central Israel without relocating, with initiatives like 'Tzfon Tech' providing relevant training to boost local employment opportunities.Economy · 11d ago · also in 1 newsroomIsraeli Haircare Brand OLIÈRE PARIS Launches in AustraliaIsraeli haircare brand OLIÈRE PARIS has launched in Australia via the Hairhouse chain, with products featuring a Hebrew inscription but omitting 'Made in Israel' due to production relocation to Hungary. The brand has seen unexpectedly high sales, leading to costly air freight to meet demand.Economy · 11d ago · also in 2 newsroomsIsrael Halts ZIM Shipping Deal Review, Forcing New NegotiationsIsrael's Government Companies Authority has stopped reviewing the sale of ZIM Integrated Shipping Services, demanding a new proposal from potential buyers Shaldor Group and FIMI Opportunity Funds. The original deal structure is now void, forcing ZIM to restart negotiations or find new buyers.Economy · 12d ago · also in 9 newsroomsIsrael Considers Deeper Fuel Tax Cut Amid Price Surge ConcernsIsrael's Finance Minister is considering a one shekel fuel tax cut as prices are set to hit a record high of 8.27 shekels per liter. Ministry officials oppose the costly measure, citing budget concerns and potential election interference, while legal approval remains uncertain.Economy · 12d ago · also in 9 newsroomsFinance Minister Orders Preparations for Additional Fuel SubsidyIsraeli Finance Minister Bezalel Smotrich has ordered ministry officials to prepare for a potential additional subsidy on gasoline prices to mitigate rising consumer costs due to the global energy crisis. The announcement was made less than a month before national elections.Economy · 12d ago · also in 9 newsroomsIsrael's Classrooms Among OECD's Most Crowded, Teachers Earn LessAn OECD report shows Israel has some of the most crowded classrooms and lower teacher salaries in elementary and secondary education compared to the OECD average, despite high national education spending and a highly educated teaching force.Economy · 12d ago · also in 3 newsroomsIsraeli Finance Ministry Recommends Against AI TaxIsrael's Ministry of Finance recommends against taxing artificial intelligence, citing potential harm to economic growth and technological development. The ministry suggests focusing on other tax measures and improving the business environment instead.Economy · 12d ago · also in 18 newsroomsFuel Prices in Israel Hit Record High Amidst Global Market VolatilityGasoline prices in Israel will reach a record high of 8.27 shekels per liter starting Wednesday night, an increase of 52 agorot. This new price surpasses the previous record and reflects global market trends.Economy · 12d ago · also in 7 newsroomsIsrael Fuel Prices Hit Record High Amid Global Market TurmoilGasoline prices in Israel will reach a record high of 8.27 shekels per liter due to global oil price increases and a stronger dollar. This comes after a temporary tax reduction had previously lowered the price.Economy · 12d ago · also in 2 newsroomsIsraeli Modest Fashion Brand "Sade Bar" Sold to Fox Group for MillionsIsraeli modest fashion brand "Sade Bar" was sold to the Fox Group for millions of shekels. Founded by two friends, the brand successfully tapped into the growing demand for conservative women's clothing and plans further expansion.Economy · 12d ago · also in 2 newsroomsYad2 Expands Real Estate Platform to International MarketsIsraeli real estate platform Yad2 is expanding into international markets, starting with Cyprus, to offer overseas investment properties to Israelis. The new platform aims to simplify the process by providing centralized information in Hebrew and featuring properties under one million shekels.Economy · 12d ago · also in 3 newsroomsTel Aviv Ranks 34th Globally in New City IndexTel Aviv ranked 34th globally in Oxford Economics' Global Cities Index, with New York City taking the top spot. The index assessed 1,000 cities on economic factors, human capital, quality of life, environment, and governance.Economy · 12d ago · also in 6 newsroomsOfer Shreid, CEO of Melisron, Dies Unexpectedly at 54Ofer Shreid, the CEO of Israeli real estate company Melisron, has died at the age of 54 due to medical reasons. He had recently taken medical leave and stepped down from his position. Shreid was credited with significant contributions to the company's growth and expansion.Economy · 12d ago · also in 10 newsroomsNoa Argamani Joins Venture Capital Firm to Aid Israeli StartupsNoa Argamani, recently freed from captivity, has joined venture capital firm Vine Ventures to help Israeli startups expand into the U.S. market. She aims to leverage her experiences and network to make a significant impact, balancing her time between San Francisco and Tel Aviv.Economy · 13d ago · also in 4 newsroomsIsrael Faces Shortages of Cottage Cheese and White Cheese, Driving Up PricesIsrael is facing a shortage of cottage cheese and white cheese due to holiday production disruptions, leading consumers to purchase more expensive, unregulated cream cheese alternatives. Prices for these alternatives have surged, with some costing over three times the regulated price of white cheese.Economy · 13d ago · also in 1 newsroomEuropean Sanctions Could Cripple Israeli Banks, Experts WarnFormer Supervisor of Banks Yair Avidan warns that potential European sanctions against Israeli banks and companies could lead to a "real catastrophe," impacting trade, financial stability, and households. Credit rating agencies are monitoring the situation, with concerns about economic damage and potential credit downgrades.Economy · 13d ago · also in 3 newsroomsIsrael Tightens Mortgage Rules, Potentially Blocking Homeowners' LoansNew Bank of Israel mortgage regulations taking effect October 1st will require banks to calculate debt-to-income ratios based on total income, not just disposable income, potentially blocking many homeowners from obtaining new loans secured by their property. Critics warn this will drive borrowers to more expensive non-bank lenders.Economy · 13d agoJerusalem Light Rail Line Boosts Property Values Even Before Full ConstructionA study in Jerusalem found that property values along planned light rail routes have increased by up to 10% for older apartments and 4.6% for new ones, even before construction is complete, due to anticipated development rights and improved accessibility.Economy · 13d ago · also in 1 newsroomFox Group to Allow Online Redemption of Store Credit VouchersAn Israeli court approved a settlement allowing Fox Group customers to redeem store credit vouchers online. The company will also provide a NIS 10 discount per purchase as compensation for past restrictions.Economy · 13d ago · also in 17 newsroomsIsrael Braces for Another Sharp Fuel Price Hike Amid Global TensionsFuel prices in Israel are expected to rise by 25-40 agorot per liter by Thursday, pushing the cost of 95-octane gasoline above 8 shekels due to global tensions. This increase threatens to erase the impact of a temporary tax cut set to expire at the end of October.Economy · 14d ago · also in 2 newsroomsIsraeli Court Approves Class Action Lawsuit Against Supermarket Chain Over PricingAn Israeli court has approved a class-action lawsuit against the Oshert Ad supermarket chain for allegedly failing to display prices on products. The court found a reasonable chance the chain violated consumer protection laws, rejecting arguments that signs near displays or in-app pricing were sufficient.Economy · 14d agoIsraeli Housing Market Sees Slight Price Rise Amidst Transaction SlowdownIsrael's housing price index saw a slight 0.2% rise in June-July, contrasting with a 1.2% drop in second-hand apartment prices for the second quarter. Recent sales data reveals varied prices across different cities, with a 5-room apartment in Be'er Sheva selling for 1.6 million shekels and larger apartments in Modi'in reaching over 3 million shekels.Economy · 14d ago · also in 2 newsroomsIsraeli Rents Dip Slightly in August but Remain Higher Year-Over-YearAverage rental prices in Israel decreased by 0.8% in August compared to July, but are still 3.7% higher than last year. The supply of larger apartments increased while smaller ones decreased, leading to diverging price trends.Economy · 16d ago · also in 1 newsroomFox-Wizel CEO Harel Wiesel Discusses Business Acumen and Personal HabitsHarel Wiesel, CEO of the Fox-Wizel Group, discussed his business strategy, early sales experiences, and personal habits. He highlighted the importance of practical sales experience, his regret over delayed international brand expansion, and his struggles with attention deficit disorder due to constant mobile phone use. Wiesel also shared his aversion to expensive clothing and his preference for luxury cars.Economy · 16d ago · also in 10 newsroomsIsrael's 'Basket of Goods' Initiative Ends After Short TrialIsrael's 'Basket of Israel' initiative, which offered reduced prices on 112 products exclusively at Carrefour, will end on October 14. The program faced criticism and did not attract other major retailers, leading the Economy Minister to halt its continuation pending a decision by the next government.Economy · 17d ago · also in 4 newsroomsHapag-Lloyd and FIMI Improve Zim Shipping Bid With New RoutesHapag-Lloyd and FIMI have submitted an improved bid for Israeli shipping company Zim, adding new Far East routes and outlining a plan to separate and sell Zim Israel to FIMI.Economy · 17d ago · also in 3 newsroomsIsraeli Mortgage Defaults Decline as Refinancing Activity RisesIsraeli mortgage defaults are decreasing, with the total volume and rate falling in August. Mortgage refinancing activity is also on the rise, and the average mortgage amount has decreased. The Bank of Israel's data suggests a potential easing in the mortgage market.Economy · 17d ago · also in 1 newsroomSupermarket Chain Locks Shopping Carts to Prevent TheftIsraeli supermarket chain Osher Ad is using a smart system that locks shopping cart wheels when they leave a designated area to prevent theft and abandonment. The technology, which has faced some customer criticism, is also used by other retailers globally and aims to reduce significant annual losses from missing carts.Economy · 17d agoSuper-Pharm Slashes Entrecote Price to $25 Amidst Rising Meat CostsSuper-Pharm is offering entrecote at a heavily discounted price of 99 shekels per kilogram for a limited time, contrasting with a broader trend of rising beef prices in Israel. The sale aims to capitalize on the Sukkot holiday barbecue season, while consumers face significant price increases for other cuts, particularly ground beef.Economy · 17d ago · also in 3 newsroomsTax Authority Demands Over $65 Million in War Compensation RepaymentsIsrael's Tax Authority is demanding 238 million shekels ($65 million) back from approximately 3,700 businesses in northern Israel, claiming they received improper war compensation payments. The authority states some claims were inflated or for damages that did not occur, a situation similar to past emergency payouts.Economy · 17d agoCourt Orders Home Sellers to Pay Buyers $40,000 for Delayed HandoverAn Israeli court ordered home sellers in Hadera to pay buyers approximately $40,000 in compensation for delayed property handover and defects. Both parties were found to have breached the sales contract, leading to offsetting damages.Economy · 18d ago · also in 4 newsroomsTomato Prices Skyrocket Amid Supply Shortages and Seasonal ShiftsTomato prices in Israel have surged to nearly 20 shekels per kilogram due to seasonal supply shortages and extreme summer heat, though some supermarkets offer deep holiday discounts. Growers attribute the price hike to reduced yields and the end of the growing season, with the situation expected to improve in about a month.Economy · 18d agoPool Cleaner Recall Hits Israeli Company, Kibbutz Owners Face LossesIsraeli pool cleaner manufacturer Mitronics has recalled its new "Nea" brand vacuum due to safety concerns, causing its stock to crash and a significant paper loss for its owner, Kibbutz Yizrael. The company has been struggling with declining demand and Chinese competition.Economy · 18d ago · also in 1 newsroomEti Kubo Discusses Business Ventures and Move to MiamiIsraeli entrepreneur Eti Kubo discusses her successful jewelry and fashion brands, a recent collaboration with Bar Refaeli, and her family's move from Israel to Miami following the October 7th attacks. She emphasizes her continued connection to Israel and her business ambitions.Economy · 18d agoRaanana Mall Adds Cinema, Padel Courts to Combat CompetitionRaananim Mall in Raanana is investing NIS 12 million in new cinema halls and NIS 6,000 square meters of rooftop padel courts to enhance its offerings and compete with newer shopping centers. These additions aim to transform the mall into a family entertainment destination.Economy · 18d ago · also in 1 newsroomMoshe Ben Ari's Company Takes Over Gesher HaZiv Hotel, New $8M Facility PlannedThe hospitality group 'HaChof Shel Moshe,' co-founded by singer Moshe Ben Ari, will take over management of the hotel in Kibbutz Gesher HaZiv. Concurrently, 'Travel Hotels' network will invest $8 million in a new hotel in Achziv, set to open by the end of 2027.Economy · 19d ago · also in 3 newsroomsUrbanica to Launch Korean Beauty E-Commerce Site in IsraelUrbanica, part of the Castro Group, is partnering with South Korean distributor Silicon2 to launch an online K-Beauty store in Israel called Moida K-Beauty. The joint venture involves an initial investment of NIS 60 million, with Urbanica holding a 70% stake. The venture aims to compete with international online retailers by offering Korean beauty products, though pricing remains a key question for consumers.Economy · 19d ago · also in 5 newsroomsFormer Shufersal Executive Buys 11 City Market Stores for $9.5 MillionDaniel Veridiger, formerly of Shufersal's "Yesh Chesed," is purchasing 11 "City Market" branches for NIS 35 million to expand his "100 and Beyond" chain. The seller, Yossi Schwartz, will use the funds to develop and expand "City Market" with new branches.Economy · 19d ago · also in 4 newsroomsArena Mall in Herzliya to Undergo Radical TransformationThe Arena Mall in Herzliya, a waterfront property that has struggled for over two decades, is undergoing a radical transformation. The enclosed mall will be redeveloped into seven open, independent buildings focusing on hospitality, dining, and leisure, with an investment of approximately NIS 200 million.Economy · 19d ago · also in 2 newsroomsBrain Scans Reveal 'Pain of Payment' Tied to Cash SpendingA new study reveals that spending physical cash triggers a real emotional pain response in the brain, unlike digital payments. This 'pain of payment' influences consumer behavior, and its masking by digital tools contributes to rising debt and installment plan usage in Israel.Economy · 19d agoIsraeli Office Buildings Waste Millions on Unusable Space Due to Heat and GlareIsraeli office buildings are losing millions due to unusable space near windows caused by heat and glare, despite efforts to optimize layouts. Experts suggest that improved building envelope design and materials are crucial to reclaim this wasted space and enhance energy efficiency.Economy · 21d ago · also in 2 newsroomsBank Hapoalim Agrees to App, Website Changes After Class Action LawsuitBank Hapoalim will update its trading app and website with clearer real-time data indicators and improved disclosure of data delays, following a class action settlement. The court approved the settlement, which includes payments to the plaintiff and their lawyers.Economy · 21d ago · also in 1 newsroomIsraeli Housing Market Sees Slight Price Rise Amidst Stagnant SalesIsrael's housing price index rose slightly by 0.2% in June-July, contrasting with a 1.2% drop in second-hand apartment prices in the second quarter. The market is experiencing a significant slowdown in transactions, with recent sales showing varied prices across cities like Be'er Sheva, Haifa, Holon, and Tel Aviv.