Leumi posts record Q2 profit of NIS 2.83 billion
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.
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.
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.
The Israeli secret inside the Dreamliner: Ashkelon company’s mega-deal
The company reported it will supply Boeing 787 Dreamliner aircraft with $58 million in systems under a long-term agreement with a leading American aviation customer.
Lack of experience, mistakes cost private home builders billions in unnecessary expenses
Around 20% of Israelis building private homes are estimated to lose billions of shekels due to costly mistakes, as a new podcast seeks to provide guidance throughout the construction process.
Insurance companies pay policyholders to receive medical care at home instead of ERs
Israeli insurance firms encourage home-based medical services through financial incentives, reducing costs while easing hospital stress, officials say.
Contractors save, workers pay: The new reform in the construction industry
The Knesset Labor and Welfare Committee approved a 50% increase in wage deductions from foreign workers for rent and housing expenses, reducing contractors' costs.
After supermarkets and mobile services: Rami Levy is entering a new and surprising field
Rami Levy Hashikma Marketing CEO says prices are affected by regulation and costs, and reveals plans to enter a new sector soon.
The move that could bring billions to Israel: Energy giant moves closer
ExxonMobil is in talks with Energean to explore gas and oil in Israel as part of a new tender, boosting supply, competition and state revenue.
VAT on reinsurance transactions and overseas loans
In a panel led by Gal Greenberg of KPMG Israel, VAT Director David Shilon revealed that the Tax Authority considered expanding VAT rules under a legislative amendment to cover additional sectors.
