Israeli banks could be hit: Major concern over European sanctions
Boycott measures could harm 18,000 West Bank Palestinian workers. Banks and institutions operating indirectly beyond Green Line face risks.
Banking & Finance
Without visiting a branch: Deferred checks can be deposited via app
Nearly NIS 2B. revealed: Voluntary tax disclosure program comes to an end
NIS 450 Million per month: The black-money pipeline under banks’ noses
The analyst predicting Bitcoin will surge to $1 million
While the AI train burns billions and shows future data center lease commitments exceeding $1 trillion, some experts are convinced the ultimate winner will actually be the digital currency.
High-tech workers, doctors leaving: Emigration wave hits Israel’s top income decile
Emigration rate among wealthy population nearly doubled compared to previous years, Tax Authority estimates potential tax loss at roughly NIS 700M.
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.
Your Taxes: How Israel taxes SAFE investments in hi-tech startups
Israel’s tax rules can keep SAFE investment discounts untaxed, but startups and investors must meet strict conditions on equity, discounts, transfers and share sales.
Your Investments: Giving should be part of your financial plan, not an afterthought
Many people want to give more but never budget for it. Treating tzedakah as a fixed expense can turn good intentions into lasting generosity and better financial habits.
July spending record: Daily average reached NIS 1.771 Billion
Shva data for July points to a 5.8% surge in charge card spending compared to last year, reaching NIS 54.857 billion. Meanwhile, cash withdrawals from ATMs climbed to a record NIS 6.057 billion.
Strong tech earnings lift major US indices
Strong AI-driven earnings from Amazon and Microsoft boost investor confidence, pushing major US stock indices closer to record highs.
Palo Alto Networks starts trading on Tel Aviv Stock Exchange's top indices with NIS 800m. move
The cybersecurity giant's addition to the TA-35 and TA-125 is expected to generate NIS 800 million in ETF demand and deepen its Israeli presence here.
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.
Study: How donors can improve humanitarian aid for women
A SID-Israel study found donor demands shape women’s aid programs more than policies. A new toolkit seeks to change this through a project honoring Vivian Silver.
