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


Germany's Merz picks first woman chief of staff in shake-up before state elections

Warken will be the first woman to hold her new post, an important position that serves as a node between the chancellery, ministries and lawmakers.

German Chancellor Friedrich Merz (2ndR), outgoing German Health Minister Nina Warken, outgoing parliamentary State Secretary in the Digital Ministry Philipp Amthor and outgoing Secretary General of Germany's Christian Democratic Union (CDU) Carsten Linnemann (R), July 23, 2026.

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.

Receiving the keys to a new home.

Bitcoin tops $66K on regulatory optimism and ETF inflows

Bitcoin climbs to a one-month high as investors weigh progress on US crypto regulation, renewed ETF inflows and the outlook for interest rates.

A Bitcoin coin placed in front of a financial market chart showing upward movement, symbolizing renewed investor interest and rising cryptocurrency prices.

Israeli exports hit all-time high of $169B despite boycotts

Official Economy Ministry figures show Israeli exports reached a record $169 billion over the past year, surpassing both forecasts and the previous record set in 2022.

View of the hi-rise buildings near the financial district in the central Israeli city of Ramat Gan, March 4, 2025.

ASEAN's top diplomats meet, to issue statement amid 'grave concern' over US-Iran conflict

ASEAN will gather against the backdrop of instability beyond the region since the US and Iran resumed open conflict, raising concerns about energy supplies through the Strait of Hormuz and inflation.

ASEAN Secretary-General Kao Kim Hourn, other South Asian Foreign Ministers during the opening ceremony of the ASEAN Foreign Ministers' Meeting at the Philippine International Convention Center in Pasay city, Philippines, July 21, 2026.

The US is winning the war of attrition against Iran - opinion

Fluctuations in the price of oil between periods of negotiation have also declined, and bouts of violence have leveled. The routinization of war is working in favor of the Trump administration.

 Rescuers work at the site of a damaged building, in the aftermath of Israeli strikes, in Tehran, Iran, June 13, 2025.

Israel's economy holds steady as tech sector drives growth through 2026

Despite security challenges and revised growth forecasts, Israel’s economy continues to show resilience, supported by a strong technology sector, foreign investment, and market stability.

A business and technology-themed image representing Israel’s economic resilience, with modern infrastructure, digital innovation, and global investment themes.

US import reform approved in Knesset

The Knesset has approved a landmark bill aimed at easing the entry of US-standard goods into the country without requiring additional local certification.

Nir Barkat in a video of the Carrefour chain

Lebanon, Syria launch talks to reset trade ties, review Assad-era deals

The two countries have been undertaking a reset in ties since the end of nearly half a century of Assad family rule that saw Syrian troops stationed in Lebanon for almost 30 years.

Lebanon's Prime Minister Nawaf Salam and Syria's Foreign Minister Asaad Hassan Al-Shaibani attend a joint press conference in Beirut, Lebanon, July 2, 2026

Aiming to be prime minister? Netanyahu's AI advisor eyes future political run, but not with Likud

Frances confirmed that he was never formally invited to join Likud, saying he called the prime minister’s spokesman to ask how he could be offered a reserved spot and not know about it.

Dovi Frances (L), Prime Minister Benjamin Netanyahu.