Yehuda Sharoni

Undocumented workers transfer millions abroad as state loses tax revenue. Sector officials accuse banks of profiting off the illegal practice.

Bank of Israel Governor warns taxes must rise after rate cut; market reacts with gains on Tel Aviv Stock Exchange while business sector backs decision.

Major and smaller insurance companies reported excellent Q2 2026 results, driven by core business growth and strong underwriting performance.

Phoenix and Menora Mivtachim led a 20% Q2 profit surge to NIS 2.85B across Israel's top insurers, prompting raised business targets and major dividend payouts.

Maj. Gen. (res.) Amiram Levin invests in Israeli agritech start-up GreenOnyx, partnering with the Tiv Taam chain to bring its once-exclusive super-vegetable to the mass market.

Vehicle importer sees strong growth driven by core activities and Metro Motor consolidation, boosting Q2 market share to 16.8% despite regional conflict.

BIG Shopping Centers posted a Q2 2026 net profit of NIS 366.3M with 100% mall occupancy as it expands operations across Israel and Europe.

Leumi was the only Israeli bank to boost half-year profits in 2026, reaching NIS 5.18 billion; FIBI board decides to merge computing unit MATAF amid labor dispute.

Despite war and a weak dollar, El Al doubled profit to $132m with a $1.4b order backlog. Bezeq profit jumped 38% and will distribute NIS 515m.

Mizrahi-Tefahot Bank continues non-banking investments, allocating NIS 99M to a firm operating in waste collection, sorting, and landfill operation.