Economy

Insurance companies' profits surged this quarter to NIS 2.85 Billion

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.

A record-breaking quarter for insurance: Profits soar to NIS 2.85 billion as market leaders double down on ambitious target growth.
US President Donald Trump reacts as he speaks to the media with US Treasury Secretary Scott Bessent behind him, on the day of a NATO leaders' summit in Ankara, Turkey, July 8, 2026.

Strategy or physical withdrawal: What does Washington’s shift from airstrikes to sanctions signify?

US Treasury Secretary Scott Bessent speaks to reporters at the White House in Washington, DC, US, August 20, 2026.

Treasury Secretary Bessent says US entering 'endgame' with Iran, will sever economic lifelines

An Iranian woman shops in a local market in Tehran, Iran, April 28, 2026

Iranian worker’s suicide attempt exposes Islamic regime's economic crisis, expert says


Behind the movement of hundreds of millions: What it means for digital assets

A long-inactive Bitcoin account and a major government transfer moved nearly half a billion dollars in digital assets, drawing attention from investors and institutions.

Bitcoin Whales Awaken: Hundreds of Millions of Dollars in Crypto Begin Moving After Years of Silence.

Oil and the shaping of modern commodity economies in the Middle East

Oil has shaped economies, industries, and international relations for more than a century. This article explores its global impact, market role, and evolving place in the energy landscape.

Oil has shaped the economies, cities, and global influence of the modern Middle East.

With foreign tourists gone, Eilat's hotels reinvent for Israeli guests

With foreign tourism still lagging, Isrotel is reshaping Eilat through innovation, investment and new experiences

Isrotel is developing no fewer than 10 new hotel and resort projects across Israel, including five in Tel Aviv and another in Jerusalem.
Premium

Approval granted for the transfer of NIS 1.1 billion for the rehabilitation of southern communities

A week after the explosion in the Finance Committee, the budget was approved unanimously. Hanoch Milwidsky explained the delay as an attempt to obtain reports and assist businesses in the North.

Hanoch Milwidsky

A turnover of NIS 7 billion has entered Strauss into the list of centralized companies

Henceforth, any Strauss request for a franchise, infrastructure license, or privatization will require an official review of its impact on market centralization.

Strauss Group inaugurates Michael Campus in Ahihud

Can Kurdistan follow Israel's lead to become the Middle East's next Start-Up Nation? - analysis

Kurdistan does not need to copy Israel, but it can learn from its journey from a small and politically uncertain environment to a start-up and tech superpower.

Image Reboot: A female fighter from from the Kurdistan Freedom Party (PAK)  trains at a base near Erbil, Iraq, in Feb.

Twenty years after Israel's class action law, is it time to recalibrate the system?

Class actions remain an essential tool for protecting consumers, but the legal framework should better distinguish between cases that serve the public interest and those that impose unnecessary costs

Meni Neeman, Deputy CEO and Chief Legal Counsel at The Phoenix Group

Organized crime costs Israel's economy around NIS 8,000 per household, data shows

The findings indicate that one of the central factors in the rise in the cost of living in Israel is widespread criminal activity across the agriculture, construction, and housing industries.

Chief of Police Daniel Levi at the scene of a shooting incident in Ramla, central Israel, May 11, 2026.

Which passport is the most worthwhile to hold in 2026? New ranking reveals the winners

A new index that also considers quality of life, investment appeal, and economic strength places nine European countries in the top ten, with Singapore as the only non-European exception.

Israeli passport.

At 250, Israel needs an angry America to rediscover its way - opinion

Israel is losing both large parties, but there is still hope for the underrepresented pragmatic center.

AMERICAN AND ISRAELI flags fly during a demonstration in support of Israel at the US Capitol in 2002.