Finance

Leumi Partners and Shestovitz Properties acquired NIS 670M in Profit Finance Group, which manages NIS 100B. Founders Elberg and Banai retain control after a massive valuation leap since 2021.

As one financial year ended and 2026 began, the hard numbers tell the story of what has been and what may lie ahead. 

The US-Israeli strikes on Iran have added to concerns over Israel's deficit, with Fitch noting that Israel's "fractious domestic politics" could hinder fiscal consolidation.

The latest Iran war is having an economic impact on the world economy. If less fuel is available to the world through the Strait of Hormuz, it means less travel and fewer petroleum products.

At the center of the case is a December 25, 2025, Finance Committee transfer involving education funds, including money directed to haredi institutions.

International development is not philanthropy; it's the new realism of the Middle East.

Trump said on Monday that he has had "good and productive conversations" with Iran, leading to some relief in markets strained by the Iran war.

If the state budget is not approved in all three readings by next week, when the fiscal year closes at the end of the month, the Knesset will automatically dissolve, and elections will be called.

Cleaning your house while your kids are still growing up is like shoveling the walk before it stops snowing.

Founded in 1962, Elron invests in sectors including cybersecurity, medical devices, and enterprise software, and has recently increased its focus on technologies tied to security and defense.