Finance

Your Taxes: Does Israel need to tax billionaires?

In practice, taxation is cat and mouse. New rules result in new tax planning techniques. It is unclear whether family members would each have a $100 million threshold.

 Income Tax and Property Tax Department at the Finance Ministry
Early legal counsel prevents costly mistakes and protects your family's future.

When family and law intersect: When is it recommended to consult a family law attorney?

"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

Israelis stayed home, hotel profits soared

Maya Natan Mozer, CEO and founder of Keshet.

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


War profits: El Al doubles profit and Bezeq jumps 38%

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.

El Al aircraft. The company's net profit doubled.

Bank Hapoalim to open free financial education complex for children at Tel Aviv Port

The temporary “Junior City” complex will let children ages 5-13 earn simulated salaries, shop with a budget, and learn about financial decision-making through games and activities.

Renderings of the Poalim Junior City complex: Ilan Assouline. Bank Hapoalim campaign

Your Investments: Giving should be part of your financial plan, not an afterthought

Many people want to give more but never budget for it. Treating tzedakah as a fixed expense can turn good intentions into lasting generosity and better financial habits.

Money bills

Strong tech earnings lift major US indices

Strong AI-driven earnings from Amazon and Microsoft boost investor confidence, pushing major US stock indices closer to record highs.

The AI boom is no longer driven by promises - it is increasingly being driven by profits.

Palo Alto Networks starts trading on Tel Aviv Stock Exchange's top indices with NIS 800m. move

The cybersecurity giant's addition to the TA-35 and TA-125 is expected to generate NIS 800 million in ETF demand and deepen its Israeli presence here.

Nir Zuk, a founder and chief technology officer of Palo Alto Networks, and Nikesh Arora, CEO of Palo Alto Networks, gesture during the closing bell at the Nasdaq Market in New York City, U.S., March 25, 2025.

Mizrahi-Tefahot Bank enters waste disposal sector with NIS 99M investment

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

Mizrahi Tefahot Bank.

Iraq struggles to pay public salaries as Strait of Hormuz crisis deepens

Iraq’s oil exports plunged from 100 million barrels in February to around 32 million in May and June, according to figures shown to The National by the country’s Oil Ministry.

This frame grab taken from AFPTV video footage on July 12, 2026 shows cargo ships anchoring near the Strait of Hormuz; illustrative

Michael J Sacks on the connection between business growth and community investment

How Michael J. Sacks built a career around long-term investment strategies, strategic leadership, and a commitment to creating lasting value beyond financial returns.

Long-term success is built through patience, disciplined decisions, and investments that create lasting value.

Knesset panel approves budget transfer of NIS 270 million to haredi education during recess

The committee approved a total of approximately NIS 1 billion in budget allocations for the Education Ministry, the Settlement and National Missions Ministry, and the Religious Services Ministry.

Finance Committee chair MK Hanoch Milwidsky leads a Finance committee meeting at the Knesset, the Israeli parliament in Jerusalem, August 4, 2026.

Visa buys Israel's BioCatch for $2.4b

The American payments giant is acquiring the Israeli AI firm, which protects hundreds of millions of users worldwide from financial fraud.

Gadi Mazor, BioCatch CEO