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Economy

Prices, markets, wages, housing and the companies behind them, from 44 newsrooms, in English.

Israel Water Prices to Rise 2.3% in 2027

Israel's Water Authority Council has decided to raise water prices by approximately 2.3% in 2027, adding about 3.5 shekels monthly to the average family's bill. The decision, approved by a narrow majority on key votes, aims to cover increased expenses and fund infrastructure guarantees. A minority argued for a larger price hike to support greater investments in water infrastructure.

3 newsrooms· 1h ago

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Everything in Economy

Ice ·23m ago

Arkia CEO Addresses Ownership Talks Amid Financial Woes and Labor Dispute

Arkia CEO Oz Berlowitz addressed travel agents regarding ongoing talks about the airline's ownership structure, following reports that Israir is considering an acquisition. The co…

1h ago·1 outlets

Israeli and US Markets Plunge Amid Political Uncertainty, Dollar Surges

Israeli and US financial markets saw sharp declines on Thursday due to political uncertainty following recent elections in both countries. The dollar reached a seven-month high ag…

NEWSru Israel ·3h ago

Playtika Board Decides Against Sale, Company to Remain Independent

Israeli mobile game developer Playtika will remain an independent public company after its board of directors decided against a sale. The company's strategic review concluded that…

5h ago·2 outlets

Tel Aviv Stock Exchange Sees Record Trading Volume Amid Index Rebalancing

The Tel Aviv Stock Exchange recorded its second-highest daily trading volume in a decade on Thursday, reaching approximately 19.4 billion shekels due to index rebalancing. This oc…

Globes ·5h ago

Wall Street Plunge Triggers Sharp Declines on Tel Aviv Stock Exchange

The Tel Aviv Stock Exchange saw sharp declines on Tuesday, with major indices falling between 3.4% and 7%, mirroring a significant drop on Wall Street. Market analysts attributed…

Maariv ·5h ago

Israeli Firm Ondas Acquires Stemme to Boost ULTRA Aircraft Production

Israeli company Ondas is acquiring Stemme GmbH in an all-cash deal to boost its production of ULTRA aircraft. The move aims to increase output to about 10 aircraft monthly by 2028…

Mignews ·5h ago

Palo Alto Networks in Advanced Talks to Acquire Israeli Startup Clutch Security for $500 Million

Palo Alto Networks is in advanced talks to acquire Israeli cybersecurity startup Clutch Security for about $500 million. Clutch Security, founded in late 2023, developed a platfor…

Calcalist ·6h ago

Israeli Software Firm Priority Acquires AI Company Fireberry for Over $26 Million

Israeli software firm Priority is acquiring AI-driven CRM company Fireberry for over NIS 100 million (approximately $26 million USD). This is Priority's fifth acquisition since in…

Ice ·6h ago

Israelis Spent Over ₪51 Billion in October, Driven by Dining and Travel

Israeli credit card spending reached 51.593 billion shekels in October 2026, a 12.5% increase from the previous year, according to Shva data. Spending on dining and travel surged…

Calcalist ·6h ago

Israeli Housing Market Faces Uncertainty Amid Price Drops and Rising Rents

Israel's housing market is undergoing a significant shift with prices stabilizing and slightly declining, while rents are increasing. Contractors hold a record 86,000 unsold apart…

Calcalist ·7h ago

Israeli Spending Rose in October Despite War Anniversary, Boosted by Election Day

Israeli credit card spending in October totaled NIS 51.6 billion, a 12.5% year-over-year increase, though lower than summer peaks. Spending slowed around the October 7th anniversa…

Calcalist ·7h ago

Teads Stock Plummets 30% Amidst Financial Woes Post-Drahi Acquisition

Teads, formerly Outbrain, saw its stock drop 30% to $18 million market value due to concerns over its debt repayment ability after acquiring Teads from Patrick Drahi's Altice for…

Maariv ·7h ago

Israeli Coffee Market Sees 20-30% Price Hikes Amidst Consumer Loyalty

Israeli coffee prices have surged by 20-30%, particularly for instant coffee brands like Nestle and Jacobs, despite falling global raw material costs. Major companies like Strauss…

The Jerusalem Post ·7h ago

Luxury High-Rise Debuts at Jerusalem's Gateway

The Capital Jerusalem, a new 35-story luxury residential tower, has opened at the city's entrance near the Chords Bridge. It offers various apartment sizes, amenities like a heate…

Ice ·7h ago

Revolut Digital Bank Gets New Name as It Eyes Israeli Market Entry

British fintech firm Revolut has changed its local entity's name to "Revolut Bank Israel (in establishment) Ltd." as it moves towards entering the Israeli banking market. The comp…

Calcalist ·7h ago

Alstom and Minrav to Bid Together on $8 Billion Metro Projects

French firm Alstom and Israeli group Minrav will jointly bid on the second phase of the Gush Dan metro project, worth approximately 30 billion shekels. Alstom will lead on trains…

Mako ·8h ago

Investors Can Offset Capital Gains by Selling Losing Stocks Before Year-End

Israeli investors can reduce their 2026 tax burden by selling securities with unrealized losses before December 31st to offset capital gains. This strategy allows for a dollar-for…

8h ago·2 outlets

Israel Tightens Car Import Rules, Ending Simplified Scheme for Passenger Vehicles

Israel's Ministry of Transport will end the "small series" import scheme for passenger cars in 2027, impacting independent importers and potentially reducing vehicle variety and p…

Ice ·8h ago

Paz Withdraws from Mega Deal to Acquire Wolt Market

Paz has withdrawn from acquiring Wolt Market, citing profitability concerns despite offering hundreds of millions of shekels. The grocery chain, operating 29 dark stores, generate…

Maariv ·8h ago

Tax Authority Chief Warns of NIS 40 Billion Budget Deficit Amid Political Instability

Shi Ahronovitch, Director of the Tax Authority, warned of a NIS 30-40 billion budget deficit due to political instability and the lack of a state budget. He presented plans to inc…

8h ago·2 outlets

Israel Antitrust Authority Fines El Al $29 Million for Abusing Monopoly

Israel's Antitrust Authority intends to fine El Al approximately 109.6 million shekels for abusing its monopoly status by blocking competitor Arkia's access to maintenance hangars…

Calcalist ·8h ago

Global Net Seeks Debt Arrangement Amidst 46 Million Shekel Claims

Global Net Israel, an investment marketing firm, is seeking court approval for a debt settlement plan after entering liquidation. The company faces claims totaling approximately 4…

Ice ·8h ago

Apple's Israeli Importer Reports Record Profits Driven by AI Demand

Apple's Israeli distributor, Icon Group, reported a record third-quarter profit of NIS 13.1 million, a 52.5% increase, driven by strong sales of advanced computers fueled by AI de…

Globes ·8h ago

S&P Corrects Erroneous Bank Report After Market Impact

Global ratings agency S&P issued a corrected report on Mizrahi Tefahot Bank after its initial assessment caused a significant drop in the bank's stock price. The erroneous report…

NEWSru Israel ·8h ago

Israeli Shekel Weakens Against Dollar and Euro on November 5

On Thursday, November 5, the Israeli shekel weakened against major currencies. The U.S. dollar increased by 0.317% to 3.167 shekels, and the Euro rose by 0.053% to 3.554 shekels…

9h ago·2 outlets

Israeli AI Startup Bria AI Lays Off a Third of Staff Amid Strategic Shift

Israeli AI startup Bria AI has laid off about 20 employees, one-third of its staff, as it pivots its strategy to focus on specialized marketing content creation. The company is mo…

9h ago·2 outlets

Israir Acquires Airbus A320 for $17 Million as Part of Expansion Plan

Israir is purchasing a leased Airbus A320-200 for $17.05 million as part of a strategic growth plan to expand its fleet and reduce reliance on leasing. The acquisition is expected…

Calcalist ·9h ago

Questions to Ask Your Insurance Agent Before Signing a Policy

Consumers should question insurance agents about potential conflicts of interest stemming from commissions and agency ownership, as these can influence recommendations. In 2025, c…

Ice ·9h ago

New Elections Will Extend High Property Tax on Investors, Tax Authority Warns

Israel's Tax Authority Director Shai Aharonovich warned that additional elections will extend the high 8% property purchase tax on investors for at least three to four months. He…

Calcalist ·9h ago

Tel Aviv Urban Renewal Plan Faces Feasibility Challenges Despite Apartment Boost

A new urban renewal plan for Tel Aviv's Districts 5 and 6, approved to add nearly 14,000 apartments, faces potential execution challenges. Sales in such projects have dropped 35%…

Calcalist ·9h ago

Israel's Energy Infrastructure Development Promises Billions in Economic Growth

Israel's energy infrastructure development is crucial for economic growth, projected to generate billions through land appreciation and investment. The country needs to add 5,400…

Calcalist ·9h ago

Quiz Master Buys Stake in Zappa Clubs Network

A well-known quiz master has purchased a 40% share in the Zappa Clubs entertainment network. The acquisition was disclosed as part of a weekly financial trivia quiz from the Calca…

Maariv ·10h ago

Ayelet Shaked Calls for Lowering Purchase Tax on Second Homes

Former Interior Minister Ayelet Shaked called for reducing the 8% purchase tax on second homes, arguing it's no longer justified and deters investors. Speaking at a business confe…

Ice ·10h ago

Israir Launches Massive 'Crazy Weekend' Sale Starting at $99

Israir, controlled by businessman Rami Levy, launched a "CRAZY WEEKEND" sale offering flights to Europe from $99 and vacation packages from $259. The promotion runs from November…

Kikar HaShabbat ·10h ago

Ma'alot's Unique Community and Real Estate Boom Draw New Residents

Ma'alot, a northern Israeli city, is attracting residents seeking a quiet lifestyle and community support, with significant real estate development and improved infrastructure pla…

Globes ·11h ago

Auchan Plus Offers Foldable iPhones at Significant Discount

Israeli retail chain Auchan Plus is selling Apple's first foldable iPhone, the iPhone Duo, for approximately 1,000 shekels less than its market price of 7,999 shekels. The promoti…

Cursorinfo ·11h ago

Pension Fund Contributions May Be Lost: What to Check Now

As the year ends, it's crucial to review pension fund contributions, fees, and investment programs. Individuals should verify that all contributions are deposited, compare managem…

Mignews ·11h ago

Israel Risks Facing 2027 Without Approved State Budget

Israel faces the possibility of operating without an approved state budget for 2027, as the Finance Ministry has not begun preparations and the submission deadline has passed. If…

Maariv ·11h ago

Jerusalem Neighborhood to Undergo Major Redevelopment with 720 New Apartments

An urban renewal plan in Jerusalem's Kiryat Menachem neighborhood has been approved, replacing five old buildings with 115 apartments with 720 new residential units. The project w…

Ice ·11h ago

One Zero Bank Offers 1,000 Shekel Bonus to Customers

One Zero Bank is offering 1,000 shekel BuyMe vouchers to customers who transfer or build an investment portfolio of at least 50,000 shekels. The promotion aims to attract clients…

Maariv ·11h ago

Hertzelia Street Redevelopment Plan Unveiled, Adding 122 Housing Units

A major urban renewal project in Hertzelia will demolish six older buildings with 80 apartments to construct four new buildings containing 202 units, adding 122 residences. The pl…

Israel Water Prices to Rise 2.3% in 2027

Most newsrooms are on

El Al Reports Record Revenue Amidst Industry Losses

Tel Aviv Stock Exchange Plunges Post-Election Amid Political Uncertainty

Osher Ad Supermarket Challenges Israeli Market With Discounted Foldable iPhone

Nova Surpasses Forecasts With Record Revenue, Stock Declines

Israel to Raise Water Prices by 2.3% Amid Severe Shortage

Global Stock Markets Tumble Amidst AI Infrastructure Concerns

Everything in Economy

Arkia CEO Addresses Ownership Talks Amid Financial Woes and Labor Dispute

Israeli and US Markets Plunge Amid Political Uncertainty, Dollar Surges

Playtika Board Decides Against Sale, Company to Remain Independent

Tel Aviv Stock Exchange Sees Record Trading Volume Amid Index Rebalancing

Wall Street Plunge Triggers Sharp Declines on Tel Aviv Stock Exchange

Israeli Firm Ondas Acquires Stemme to Boost ULTRA Aircraft Production

Palo Alto Networks in Advanced Talks to Acquire Israeli Startup Clutch Security for $500 Million

Israeli Software Firm Priority Acquires AI Company Fireberry for Over $26 Million

Israelis Spent Over ₪51 Billion in October, Driven by Dining and Travel

Israeli Housing Market Faces Uncertainty Amid Price Drops and Rising Rents

Israeli Spending Rose in October Despite War Anniversary, Boosted by Election Day

Teads Stock Plummets 30% Amidst Financial Woes Post-Drahi Acquisition

Israeli Coffee Market Sees 20-30% Price Hikes Amidst Consumer Loyalty

Luxury High-Rise Debuts at Jerusalem's Gateway

Revolut Digital Bank Gets New Name as It Eyes Israeli Market Entry

Alstom and Minrav to Bid Together on $8 Billion Metro Projects

Investors Can Offset Capital Gains by Selling Losing Stocks Before Year-End

Israel Tightens Car Import Rules, Ending Simplified Scheme for Passenger Vehicles

Paz Withdraws from Mega Deal to Acquire Wolt Market

Tax Authority Chief Warns of NIS 40 Billion Budget Deficit Amid Political Instability

Israel Antitrust Authority Fines El Al $29 Million for Abusing Monopoly

Global Net Seeks Debt Arrangement Amidst 46 Million Shekel Claims

Apple's Israeli Importer Reports Record Profits Driven by AI Demand

S&P Corrects Erroneous Bank Report After Market Impact

Israeli Shekel Weakens Against Dollar and Euro on November 5

Israeli AI Startup Bria AI Lays Off a Third of Staff Amid Strategic Shift

Israir Acquires Airbus A320 for $17 Million as Part of Expansion Plan

Questions to Ask Your Insurance Agent Before Signing a Policy

New Elections Will Extend High Property Tax on Investors, Tax Authority Warns

Tel Aviv Urban Renewal Plan Faces Feasibility Challenges Despite Apartment Boost

Israel's Energy Infrastructure Development Promises Billions in Economic Growth

Quiz Master Buys Stake in Zappa Clubs Network

Ayelet Shaked Calls for Lowering Purchase Tax on Second Homes

Israir Launches Massive 'Crazy Weekend' Sale Starting at $99

Ma'alot's Unique Community and Real Estate Boom Draw New Residents

Auchan Plus Offers Foldable iPhones at Significant Discount

Pension Fund Contributions May Be Lost: What to Check Now

Israel Risks Facing 2027 Without Approved State Budget

Jerusalem Neighborhood to Undergo Major Redevelopment with 720 New Apartments

One Zero Bank Offers 1,000 Shekel Bonus to Customers

Hertzelia Street Redevelopment Plan Unveiled, Adding 122 Housing Units