Leumi partnering with Aspire for tech employee stock plans
Leumi partners with Aspire for a trust firm (51% stake) to manage tech employee stock options & M&A trust services, entering a field long dominated by private investment houses.
Bank executives to represent Israel at IMF conference in Bangkok
At the IMF event in Bangkok, top officials will emphasize economy strength despite the war | Burning questions on the agenda: Oil prices and global interest rates.
Tshuva blows Up $6.7 Billion gas deal
NewMed Energy and Ratio void $6.7B Dalia gas deal over approval delays. Dalia rejects claim, insists terms were met, and considers taking legal action.
Foreign worker ban to trigger housing cost rise and severe labor shortage
Starting 2027, workers from India and Sri Lanka will enter only via official channels, sparking labor shortage warnings and housing cost increase fears.
Israel's electricity reform: Israelis are leaving one of the country's oldest companies
In September, 24,000 switching requests were submitted, offering household savings. Minister Eli Cohen: "The most important reform since cellular."
Yitzhak Tshuva’s Ithaca Energy invests $860 million in Canadian oil drilling
North Sea-focused Ithaca purchases producing oil assets in Canada for $860m. Deal involves 103 million barrels at an average price of $8 per barrel.
Treasury to allocate NIS 40 million to institutions affected by war via two tracks
The Accountant General's initiative joins the Israel Tax Authority's program to compensate protection-racket victims and the decision to subsidize fuel prices by hundreds of millions of shekels.
Vehicle theft targets revealed: The cities starring on the blacklist
Pointer data shows a 20% drop in vehicle thefts this year despite a Q3 rise. Tel Aviv and Petah Tikva led, each accounting for 17% of theft.
Bank Hapoalim to finance Stark Power with $85 million
The deal helps the energy firm created by former Enlight and Nofar executives expand in the US to acquire and build new energy and storage projects.
'In a year, we will be in a whole new world': Bank of Israel official's forecast
Banking Supervisor Hahiashvili tells Maariv bank profit taxes are unjustified, calls to lift salary caps and allow banks to enter insurance.
