MARKET

The housing item accounted for more than a third of the rise in the CPI in June, and is expected to continue to surge.

Bezeq mobile telephony unit Pelephone has submitted the offer to Patrick Drahi's Altice International, which owns Hot.

Founded by former Mimun Yashir CEO Eran Wolf, Loanwise will offers mortgages for properties in both Israel and abroad to low-risk Israeli borrowers with high credit ratings.

The flavor and fragrance maker is expanding rapidly, mainly through acquisitions. CEO Keren Cohen Khazon: We want to become one of the industry’s top 10 companies.

Market sources believe Dina Ben-Tal Ganancia has offers to become CEO of a foreign airline.

Mortgages worth NIS 8.91 billion were taken in June, the third highest figure this year, even though the economy shut down for nearly two weeks.

The shekel is also affected by concerns about the attempted firing of the Attorney General, falling stock markets and the strengthening of the dollar worldwide.

Dina Ben-Tal Ganancia is stepping down, more than three years after she was appointed to lead the company in one of the most complex periods in its history.

The record breaking stock market, falling risk premium, high interest rate, and geopolitical developments all support the continued strengthening of the shekel.

Apple will integrate TrueMeeting's technology into its Vision Pro smart glasses, which were launched last year.

"The technical problems with the surveillance drones are apparently so serious that they must be accompanied by a helicopter or another aircraft to avoid collisions," Swiss newspaper NZZ reports.

Yitzhak Tshuva's Delek Group will now buy 37% of the shares in credit card company Isracard, giving it a 40% stake.

After the secondary offering, Intel will be left with an 80% holding in the Israeli advanced driving assistance systems company.

The shekel's steep appreciation has many pondering higher dollar exposure, but the experts are not convinced.

The sale in June was small, and targeted at restraining the sudden depreciation of the shekel in the immediate aftermath of Israel's strike on Iran.

The rating agency sees geopolitical risks for Israel remaining high, and says that the impact of the war on the country's economy and fiscal position could turn out to be worse than currently estimated.

The cashless payments solutions company says recent acquisitions have resulted in duplication in some positions.

June was one of the strongest months ever for the Tel Aviv Stock Exchange, as investors switched from funds tracking the S&P 500 to mutual funds investing locally.

The project to upgrade the semiconductor lab is worth hundreds of millions of dollars.

The share price ended the week at $27.54, giving a market cap of $1.6 billion.

In the coming decade alone, the Citizens of Israel is expected to bring in between $19 and $23 billion.

The report by Bloomberg boosted Verint stock by 15% in late trading. The call center software company's share price has fallen 67% from its 2022 peak.

Asaf Banai, founder and co-CEO of Profit Financial Services, warns against emotional bias, and calls for avoiding trends, and for diversifying investments. Fourth and last article in a series.

The change will bring the TASE into line with the trading days of the world's main stock markets, which do not trade on Sundays.

TSG today announced that it had received its first order as part of a cooperation agreement that it signed in March with a leading international military technology supplier.

Bombing of banks, killing of key figures, and hacking attacks proved effective, but experts warn that Iran, Hezbollah, and even Hamas, could quickly recover.

Daniel Cohen, partner and CEO of the Profit Financial Group, counsels patience in a crisis, and criticizes the Treasury’s planned reforms in savings.

Challenges will be announced twice a year for startups to offer technological solutions for Teva's entire drug development chain.

After selling the stake, the Lewis family's holding in the Israeli hotel chain will fall from 74% to 69.6%.

Bank Leumi nostro management head Danny Yardeni says the reduction in geopolitical uncertainty makes a cut sooner rather than later a possibility.

Ron Senator, managing partner at hedge fund Sphera, says the recent rally goes beyond the typical market response after a conflict reaches its peak.