Finance

The next generation of financial services will be built with AI, not replaced by it

At Phoenix Financial, we see AI as a thought partner that can expand human judgment, accelerate decisions and help employees create better outcomes across insurance, credit, investments and beyond

Keren Granit, Head of Business Transformation, Claims and Service, Phoenix Financial
Arrow 2 system, July 29, 2004.

Record results for IAI, but its biggest client isn't paying for the Arrow

Housing Market.

Summer demand pushes prices up 0.3%, including rent, transportation costs, statistics bureau says

Investment graph

Your Investments: Justice and successful finance are achieved through following the process


Leumi posts record Q2 profit of NIS 2.83 billion

Leumi was the only Israeli bank to boost half-year profits in 2026, reaching NIS 5.18 billion; FIBI board decides to merge computing unit MATAF amid labor dispute.

Bank Leumi.

Financial literacy in an uncertain economy: Skills households need to navigate change

As economic uncertainty grows, financial literacy can help households manage budgets, prepare for unexpected costs, and make more informed decisions about their financial future.

Exploring the key financial skills households need to manage change, reduce financial pressure, and plan for the future.

NIS 25.4 billion deposited in Savings for Every Child - but parental involvement is lacking

A NII report reveals: 84% of active savings are currently managed in provident funds. However, only about 63% of parents choose to double the monthly savings from the child allowance.

A father and son with a piggy bank

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.

El Al aircraft. The company's net profit doubled.

Bank Hapoalim to open free financial education complex for children at Tel Aviv Port

The temporary “Junior City” complex will let children ages 5-13 earn simulated salaries, shop with a budget, and learn about financial decision-making through games and activities.

Renderings of the Poalim Junior City complex: Ilan Assouline. Bank Hapoalim campaign

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.

Money bills

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.

The AI boom is no longer driven by promises - it is increasingly being driven by profits.

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.

Nir Zuk, a founder and chief technology officer of Palo Alto Networks, and Nikesh Arora, CEO of Palo Alto Networks, gesture during the closing bell at the Nasdaq Market in New York City, U.S., March 25, 2025.

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.

Mizrahi Tefahot Bank.

Iraq struggles to pay public salaries as Strait of Hormuz crisis deepens

Iraq’s oil exports plunged from 100 million barrels in February to around 32 million in May and June, according to figures shown to The National by the country’s Oil Ministry.

This frame grab taken from AFPTV video footage on July 12, 2026 shows cargo ships anchoring near the Strait of Hormuz; illustrative