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Mekorot Reports 291% Profit Surge Amid Regulatory Dispute with Water Authority

How 2 Israeli newsrooms covered this story — translated into English and compared side by side.

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First reported by Maariv · 2 hours ago

What happened

Mekorot reported a 291% profit increase in Q2 2026, driven by accounting changes amid a regulatory dispute with the Israeli Water Authority. The company halted new projects due to financial concerns linked to the regulator's contested rules, which Mekorot argues threaten its investment capacity. The conflict is set for a Supreme Court hearing in March 2027.

01Mekorot's Q2 2026 net profit rose 291% to 243 million shekels, mainly from accounting effects.
02The company halted new development projects pending board approval amid financial strain.
03Dispute with Israeli Water Authority centers on a 2025 regulation affecting cost recognition.
04Mekorot claims the regulation impairs its financial stability and investment ability.
05Government Companies Authority warned against sanctions that could worsen Mekorot's finances.
06Supreme Court hearing on the dispute is scheduled for late March 2027.

Summary translated & synthesized from the sources below by baba. Read each original for the full report.

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