Economy — Israel news in English
The latest economy from across Israeli media, translated and compared. 48 recent stories.
Ferrari Veteran Marketing Chief Enrico Galliera to Leave After 16 Years
Ferrari chief commercial and marketing officer Enrico Galliera is leaving after 16 years, with Massimiliano Di Silvestre set to replace him in July. The move comes weeks after cri…
Capital Gold buys Jerusalem site for NIS 123 million for flagship project
Capital Gold has bought the Mifgash HaEsh complex at 23 Jeremiah Street in Jerusalem for NIS 123 million. The company plans an upscale mixed-use project there, with housing and re…
How Click Parquet Makes Home Renovation Faster and More Precise
Click Parquet says it is simplifying parquet selection and installation in Israel by combining personal consultation, broad style options and professional fitting. The article arg…
Dollar Nears NIS 3 as Investors Weigh Impact on Savings
The dollar is recovering and nearing NIS 3, a level that could affect savings and investment returns. The report also highlights the best-performing advanced study fund track.
Iran, Russia and Yemen: The shipping chokepoint strategy that could shake the global economy
A Channel 14 report says Iran is preparing to weaponize the Strait of Hormuz and Bab al-Mandab if talks fail. It alleges Russia finances the system through Quds Force intermediari…
Arizona Court Sentences Israeli Ex-Employee in Trade Secret Theft Case
A federal judge in Arizona sentenced Israeli citizen Guy Galanti after he pleaded guilty to conspiring to steal a trade secret from GTI. Prosecutors said he shared design, technic…
Apple raises MacBook and iPad prices amid surging AI memory demand
Apple raised prices Thursday on several MacBook and iPad models, citing surging AI-driven demand for memory chips. Some products increased by up to $300, after CEO Tim Cook had wa…
Ryanair to Let Parents Sit Beside Children Without Paying Seat Fees
Ryanair will now let parents sit next to young children without paying seat-reservation fees, following a UK regulatory review. The company says the change matches industry practi…
Chip Stocks Whipsaw Wall Street as Micron’s Blowout Results Restore Optimism
U.S. chip stocks swung sharply this week as the Philadelphia Semiconductor Index hit a record, then sold off and steadied. Micron’s blowout results revived the sector, while banks…
EU Probe Finds Widespread Mislabeling in Clothing Fiber Tags
The European Commission said a Europe-wide inspection found 37% of clothing labels were inaccurate about fiber content. Online purchases and certain items such as scarves and shir…
Report: Iran Eyes Billions in Revenue From the Strait of Hormuz
Iran is exploring a plan to monetize the Strait of Hormuz after wartime disruption to shipping. The proposal could bring roughly $40 billion a year and give Tehran new control ove…
Israeli Finance Ministry Delays Government Fleet Leasing Plan, Citing Review and Possible China Concerns
Israel’s Finance Ministry has delayed a major plan to move the government fleet to operating leases. Officials are still reviewing the model, while industry sources say concern ov…
How to Spot a Bubble, What Rate Cuts May Come Next, and Whether the Bank of Israel Makes Money
Episode 385 of Calcalist’s “Money Engines” answered listener questions about Israeli interest rates, Bank of Israel reserves, and how to spot bubbles. It also examined the AI mark…
Foreign-Buyer Sales Nearly Double W-Box's Pace in Givat Ramon
W-Box sharply boosted sales at its Givat Ramon luxury project by targeting foreign buyers, selling 19 apartments for 206 million shekels in two months. The project, near Tel Aviv’…
Oil Prices Fall to Prewar Lows as Hormuz Traffic Resumes
Oil prices dropped to prewar levels after tanker traffic resumed through the Strait of Hormuz. Brent fell to $73.49 and WTI to $70.10, the lowest since February 27, as markets exp…
Leumi’s campaign tops ad recall as Bank Hapoalim wins affection
Bank Leumi led this week’s advertising recall in Israel with a campaign for bar and bat mitzvah children from border communities. Bank Hapoalim’s World Cup-themed sponsorship was…
Amsalem Plans to Put Bank Yahav Privatization Before Finance Committee
David Amsalem said he will seek Finance Committee approval for a plan to privatize the state’s holdings in Bank Yahav. The state could sell up to half its stake for several billio…
Tiberias Childhood Friends Turn a Café Gamble Into a Hotel Bar Expansion
Maor Sahar and Idan Shmo, childhood friends from Tiberias, are opening NO.2, a kosher bar-restaurant on Tel Aviv’s waterfront next week. Their café business led to a partnership w…
Mגדל העמק Emerges as a Promising Northern Option for Haredi Families and Investors
Mגדל העמק is portrayed as an affordable, fast-developing northern city with jobs, transport, and active urban renewal. The article says it may suit Haredi families and investors…
Europe's Cheapest and Most Expensive Destinations for Travelers
Eurostat data shows wide cost-of-living gaps across Europe, with Iceland and Switzerland the most expensive and several Balkan and eastern countries the cheapest. The article says…
Lufthansa Group to Ramp Up Israel Flights in July and August
Lufthansa Group is gradually restoring flights to and from Israel after resuming service in June. It will operate about 29 weekly flights in July and roughly 54 in August, with ad…
Germany Moves to Take Major Stake in Tank Maker KNDS
Germany has agreed to buy about 40% of KNDS, making the state one of its two largest shareholders with France. The deal, still awaiting budget committee approval, is part of Berli…
ASOS reportedly plans its first permanent store in London
ASOS is reportedly looking for its first permanent physical store in London, with several major shopping streets under review. The company has not confirmed a location or opening…
Online Super-Pharm Shoppers Say Defective Goods and Delayed Refunds Leave Them Stranded
A Hebrew consumer report says Super-Pharm’s online marketplace often leaves buyers stuck with defective or missing products. It cites multiple cases from December 2025 through Apr…
Israeli tech layoffs hit 10,000 as experienced workers flood a brutal job market
About 10,000 Israeli tech workers have been laid off since the start of the year, and experienced employees are finding an extremely crowded job market. The report says the main c…
Electricity Authority blames five-year billing failure for NIS 65 million shortfall at Israel Electric Corporation
Israel’s Electricity Authority says a five-year billing failure at Israel Electric Corporation caused about NIS 65 million in unpaid charges from solar-rooftop owners. It proposes…
Can Israel's Defense Tech Stand on Its Own Without the U.S.?
An Israeli Business article asks whether Israel can sustain its defense needs if U.S. support weakens. Experts say full independence is impossible, but Israel must rapidly expand…
Miami-Tied Fund Opens New Israeli Defense-Tech Pipeline to U.S. Military Hubs
Stratos Ventures, a new Israeli defense-tech fund, has raised $50 million toward an $80 million goal and already made five investments. The fund, founded by three Israelis with in…
Hotels and Travel Deals Race to Fill Summer Rooms as Families Look to Sukkot
Israeli hotel chains are offering steep summer discounts and perks to fill rooms, but many deals come with restrictions. At the same time, families are increasingly eyeing Sukkot…
Beyond Oil and Armies: The Quiet Infrastructure of National Resilience
The article argues that modern national power depends not only on armies and oil, but on minerals, fertilizers, and supply chains. It says these systems are vital to food security…
Nebius lands another $2 billion from Nvidia as its AI cloud valuation surges
Nebius, the Dutch AI infrastructure company founded by Israelis Arkady Volozh and Roman Chernin, raised $2 billion from Nvidia. The company’s market value is nearing $70 billion a…
Enlight secures $2.6 billion financing for Arizona solar and storage project
Enlight completed $2.6 billion in financing for its CO Bar solar and storage project in Arizona. The company expects the project to start coming online in 2027 and 2028 and to gen…
Sam Altman Moves Advertising Into ChatGPT
OpenAI has begun a closed ad pilot inside ChatGPT in several countries, including work with Dentsu Israel and brands such as Nice and GlassesUSA. The company is targeting free and…
Foreign Airlines Begin Returning to Ben Gurion as Summer Flights Reopen
Foreign airlines are gradually resuming flights to Israel, marking a recovery at Ben Gurion Airport after months of cancellations and reduced service. The return schedule begins o…
B144 and Kikar HaShabbat Launch Joint Ad Package for Haredi Businesses
B144 and Kikar HaShabbat have announced an exclusive annual ad partnership for Haredi businesses. The package includes site placement, campaign management, and a free landing page…
Iraq Warns It May Quit OPEC Unless Production Quotas Rise
Iraq has threatened to leave OPEC if the cartel does not significantly raise its oil production quota. The warning, driven by a severe financial crisis linked to the war with Iran…
The New American Dream Is to Stop Working, and It Comes With Risks
A Wall Street Journal investigation describes a growing American obsession with earning money without traditional work, fueled by Amazon, Etsy, eBay and AI tools. It highlights su…
Musk Falls Below $1 Trillion Again as SpaceX Shares Slide
Elon Musk has dropped back below $1 trillion in net worth after a steep fall in SpaceX and Tesla shares. Bloomberg put his fortune at $957 billion on Tuesday, though he remains th…
AI Chipmaker Surpasses the Value of All Bitcoin
Bitcoin recovered above $61,500 after hitting about $59,000, but crypto sentiment remains weak. Micron shares surged after strong quarterly results and a bullish outlook, pushing…
ONE ZERO Tops Bank of Israel Satisfaction Survey
ONE ZERO ranked first in the Bank of Israel’s annual banking satisfaction survey, leading on recommendation, fairness and service measures. CEO Eyal Gafni said the results reflect…
How to Find a Job Close to Home in Jerusalem and Beit Shemesh
The article advises job seekers in Jerusalem, Beit Shemesh, and nearby areas to look beyond salary and consider commute, hours, stability, and fit. It highlights current opportuni…
Hyundai workers in South Korea strike over humanoid robots and job security
Hyundai workers in South Korea voted to strike after the company moved to expand humanoid robot use in manufacturing. The union is demanding job protections, profit-based bonuses…
Brown Hotels expands into Germany with six-hotel deal
Brown Hotels is entering Germany for the first time through a package of six hotels in major cities. The deals include the purchase and planned reopening of the Excelsior Hotel Be…
Fruit and vegetable prices fall as supermarket competition intensifies
Fruit and vegetable prices are falling in Israel because of strong harvests, more labor, cheaper imports and intense supermarket competition. A Pricez comparison found Rami Levy c…
Last Land Parcels in a Prime Jerusalem Area Offered for Shekel 350,000
Last land units in Jerusalem’s Nofei Hadassah project are being offered from 350,000 shekels. The project is in southwest Jerusalem near Hadassah Ein Kerem and is described as a r…
New SignalFire Report Says Software Engineers Are Least Exposed to AI Disruption
A new SignalFire report says software engineering is the least affected job category in tech’s AI shakeup. Despite broad layoffs and lower overall hiring, engineering still makes…
Israel Competition Trial Puts Victor's CEO and Grocery Pricing Practices on Trial
Israel’s Competition Authority has begun a major trial in Tel Aviv over alleged coordination to raise food prices. The defendants include Victor’s owner Eyal Raviv and several gro…
How a Small Monthly Investment Could Grow Into a Meaningful Nest Egg for Children
The article urges parents to start saving regularly for their children’s future, arguing that even 180 shekels a month can grow to about 118,000 shekels in 21 years. It promotes H…