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


Mecca pact unites Saudi Arabia, Turkey, and Pakistan - but what does it mean? - opinion

The significance of the Mecca pact will depend less on the language of the agreement than on its implementation.

TURKISH PRESIDENT Recep Tayyip Erdogan shakes hands with Saudi Crown Prince Mohammed bin Salman, next to Pakistan’s Prime Minister Shehbaz Sharif, after signing a joint defense agreement in Mecca, on August 7, 2026.

What are Trump's options as he seeks to pile more economic pressure on Iran? - explainer

The US, ‌the UN, and the EU have applied sanctions, implemented trade embargoes, and frozen assets for decades over Iran's nuclear program and human rights violations.

US President Donald Trump listens to Treasury Secretary Scott Bessent speak ahead of the launch of Trump investment accounts in the Oval Office of the White House in Washington, DC, on July 6, 2026.

Viksit Bharat 2047: India’s roadmap to become a developed nation - opinion

While there is general agreement that the term Viksit Bharat denotes a developed country, it is still necessary for public policy purposes to break down the concept to know what it entails.

An Indian flag is pictured in the pocket of a police officer's uniform as he attends a rally in support of the Indian armed forces, following the ceasefire announcement between India and Pakistan, in New Delhi, India, May 13, 2025.

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.

Bank Leumi.

A proposal for an economic future: Gaza needs more than reconstruction - opinion

For decades, Gaza's refugee camps have been a symbol of dependency. Reconstruction offers an opportunity to change that reality.

Palestinians inspect the damage caused by an Israeli airstrike that targeted a house belonging to the al-Qalqili family in al-Bureij refugee camp, central Gaza Strip, on July 30, 2026.

Michigan is not turning away from Israel – opinion

America’s political area will have no impact on the economic, technological, and personal ties between Israelis and Michiganians

ATTACHING TIRES to the chassis of an F-150 pickup truck at Dearborn Truck Plant in Dearborn, Michigan, in 2024.

Iran to become member of BRICS Bank, increasing economic cooperation, trade - report

Hemmati announced that Iran was set to join the BRICS Bank in the near future, Iran's semi-official Tasnim News Agency reported.

BRICS foreign ministers, including Iran's Abbas Araghchi, meet in New Delhi, India, May 14, 2026.

How governments are becoming major market players

Strategic intervention and rising tariffs force global businesses to rethink their playbooks in a rapidly changing economy.

“Anticipating where, how, and with what mechanisms governments will intervene is no longer optional - it has become a core leadership capability.”

Trump returns to an old weapon: Behind US's decision to economically choke Iran - analysis

US Treasury Secretary Scott Bessent said last month that the administration’s economic policy had sent the Iranian currency into "free fall" and pushed inflation into triple-digit rates.

U.S. President Donald Trump waves as he disembarks Air Force One at Joint Base Andrews, Maryland, US, August 9, 2026.

The Islamic Republic is exporting the costs of its economic failure - opinion

For nearly five decades, the Islamic Republic has diverted national resources toward ideological expansion, proxy warfare, and regional confrontation.

Iranian Rial banknotes over a backdrop of the Iranian flag; illustration.