Banking & Finance

Dollar-shekel exchange rate reaches NIS 3.1 for first time since April's strengthening round

The shekel reported a 1% rise during the last 24 hours, according to data by the Bank of Israel, reaching its highest point since April.

New Israeli Shekel banknotes are seen in this picture illustration.

Money waiting for you? The year-end tax guide for employees and self-employed

Study: Stock market falls as traders bet on no clear election winner

Fitch warns of the elections: 'Political instability will make reducing the deficit difficult'

Changes to working hours and minimum wage in Israel for 2026

A major shift for Israel’s workforce: How upcoming updates to pay rates and labor limits will impact your paycheck and work-life balance.

AUGUST 27, 2026ByIN COOPERATION WITH TOM WHITE

"In 2026, Israel’s labor market isn’t just raising the minimum wage - it’s completely redefining the value of a worker’s time."

Israelis stayed home, hotel profits soared

The domestic hospitality sector turned early-year losses into a major Q2 financial recovery, driven by local tourism and overseas expansion.

AUGUST 27, 2026ByZELI GREENBERG

"The company expects the strong operational momentum across the chain to continue into the third quarter, which is traditionally the best quarter of the year." Isrotel

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.

AUGUST 27, 2026ByYEHUDA SHARONI

A record-breaking quarter for insurance: Profits soar to NIS 2.85 billion as market leaders double down on ambitious target growth.

Amiram Levin brings GreenOnyx to wider market through Tiv Taam

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.

AUGUST 25, 2026ByYEHUDA SHARONI

Carasso Motors reports revenue surge to NIS 4.7B in H1 2026

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

AUGUST 25, 2026ByYEHUDA SHARONI

Israel's new philanthropists are not writing checks, but managing capital - interview

A new generation of entrepreneurs is changing everything we thought we knew about philanthropy. Maya Natan Mozer, CEO and founder of Keshet, explains how the world of philanthropy is changing.

AUGUST 25, 2026ByTALIA LEVIN

A wild day in crypto: Bitcoin surges as market forces take over

Following weeks of stagnation and weakness, the crypto market rallied sharply, driven by US Treasury bond relief, regulatory tailwinds, and massive short-position liquidations.

AUGUST 21, 2026ByDOR OFFIR