Israeli mutual fund industry raises 6.5bn shekels in September
Israel’s investment fund industry collected 6.5 billion shekels in September, led by mutual funds with 3.5bn shekels, while foreign equity funds raised 1.3bn shekels. Despite the monthly increase, Israeli equity funds recorded net redemptions as investors continued transferring capital abroad, with year-to-date industry assets reaching 855.5bn shekels.
Israeli-American Ynon Kreiz named co-CEO of Paramount-Warner Bros Discovery
Ynon Kreiz, an Israeli-American executive known for his cost-cutting measures and launching the blockbuster Barbie film, has been appointed co-CEO of the merged media giant Paramount-Warner Bros Discovery. Kreiz, who lived in Israel until his mid-20s, is expected to bring fiscal discipline to the struggling entertainment company. The appointment reflects growing Israeli influence in major global media operations.
Israeli property prices rise for second consecutive month
Israel’s housing market shows signs of recovery with home prices increasing for the second straight month in October. The market has seen a notable shift in buyer demographics, with increased interest from French and British purchasers, while American buyers remain cautious about entering the market.
Israel’s defence budget doubled, straining economy, business leaders warn
Israel’s defence budget has doubled from pre-government levels and could triple further, creating severe economic strain on the country’s economy. Business sector leaders warn the increased military spending will only be sustainable if matched by significant cuts to government spending in other areas, placing heavy burdens on civilian employment and livelihoods across the private sector.
Emirates establishes alternative routing as Tel Aviv flights resume
Following suspension of direct Tel Aviv flights, Emirates has established a Dubai stopover arrangement for Israeli passengers. Travellers agreeing to forgo the final Tel Aviv leg can land in Dubai with refunds, then purchase tickets on Israeli evacuation flights. The carrier is simultaneously expanding Abu Dhabi operations with increased flight capacity.
Israeli airline stocks surge on aviation sector disruption
Shares in El Al and Israir jumped 3 per cent, completing a rally of more than 10 per cent in two days, as disruptions affecting foreign carriers benefited Israeli competitors. The flydubai incident and broader aviation challenges have created market opportunities for Israeli aviation companies.
Which restaurant menu items deliver highest profit margins, not premium prices
Restaurant industry analysis reveals that the most expensive items on a menu are not necessarily the most profitable for businesses. Dishes requiring minimal raw materials and those with add-ons that incrementally increase bills offer particularly strong margins. The report explains pricing strategy from the operator’s perspective rather than consumer expectations.
Finance Minister seeks fuel price freeze costing 600 million shekels
Finance Minister Bezalel Smotrich is conducting urgent consultations to prevent scheduled fuel price increases scheduled for tomorrow, considering a tax cut that would cost the state 1.2 billion shekels. Officials indicate the minister has not yet decided on final measures but is exploring solutions to halt rising fuel costs.
Bank of Israel’s dollar policy drives fuel price pressures
Senior Israeli economists warn that fuel prices are poised to rise due to climbing oil prices and a strengthening dollar, which Bank of Israel has sought to strengthen to support the struggling high-tech sector. Finance Minister Smotrich faces difficult decisions on interest rates and fuel tax reductions amid the competing economic pressures.
Fast-food chains announce major restructuring globally
Major international fast-food operators announced significant operational changes, including McDonald’s investing $8.5 billion in restructuring, Starbucks closing approximately 250 cafes, Domino’s shuttering 13 Ohio outlets, and Pizza Hut’s sale in major deals. The moves reflect industry-wide pressures from elevated operating costs, increasingly demanding consumers, and renewed competition for customer visits.