FIBI reports 12.6% drop in third-quarter net profit
The 12.6% decline in net profit is partly driven by the NIS 225 million "Smotrich tax" levy, alongside lower revenues linked to Bank of Israel interest rate cuts.
Banking & Finance
Your Taxes: How to avoid triple tax on IP carve-outs when an Israeli start-up is acquired
Five years after founding: Massive $236m. funding round for third fund
For the first time in Israel: The bank that will allow crypto trading via application
Revolut granted approval to establish new bank in Israel
Bank of Israel Governor and Supervisor of Banks granted the permit to the group's controlling shareholder following completion of the regulatory review.
Tax Authority prepares a NIS 10 Billion economic plan for the incoming government
Tax Authority prepares steps for new government to yield billions, including vacant land & travel taxes, plus real-time VAT. The director warns against new elections.
'International recognition': For a change, OECD report compliments Israel
The 2026 Global Pension Report shows Israeli savers ranked second in returns over the past decade. The Israeli model features widespread public participation and low dependence on the state budget.
Your taxes: Capital declarations go online
Capital declarations must be completed online starting January 1, 2027, the Israel Tax Authority (ITA) recently announced. What could this mean for you?
Your Investments: Do not let Washington dictate your financial future
Politics has become too partisan and often pushes patriotism aside. True patriotism means honor, love of country, and solidarity with our fellow citizens.
Dollar surges to NIS 3.17: Seven-month high against shekel
US currency wipes out nearly all shekel gains since beginning of year, trading at highest level since March.
Starts today – ends tomorrow: Google’s major shopping event kicks off
Google's ShoppingIL launches today, kicking off the shopping season. Meanwhile, a survey by the Histadrut reveals that nearly half of Israelis plan to forgo purchases due to the high cost of living.
Binance: Hackers used fake job interview, AI tool to gain access to computers, steal $6.3 billion
Binance on Tuesday said that as a result of the hack, it is increasing investment in AI-enabled detection and is working on establishing a security research fund.
Investors turn to 'Big Short' strategies as AI stocks tumble, fears of a market crash rise - report
As AI stocks tumble and borrowing costs rise, investors turn to put options and credit-default swaps to protect gains and limit potential losses.
Fitch warns: Political deadlock threatens Israel's credit rating
The international rating agency warns that the lack of a majority to form a government will lead to the dissolution of the Knesset and repeat elections in April.
