Globes

Kedma Capital has sold Multi Retail, which holds the Ace, Betili, and Auto Depot chains, to Ronen Ganon at a 60% premium on the market price.

OPC Energy jumped after reporting hugely improved profits, amid a generally strong energy utilities sector.

Wonderful, one of the fastest growing companies in Israel, held a fund raising round just three months ago. Insight Partners is again expected to be among the round's leaders.

Bank Leumi's first quarter profit was NIS 2.83 billion, 8.5% higher than in the corresponding quarter despite the bank surtax.

While overall numbers remain steady, profound changes are taking place in employment patterns.

While financial institutions have been selling dollars in huge quantities, Israeli importers have seized the opportunity to buy.

Despite ostensibly excellent results, the UAV camera company's share price fell sharply. Gross margins narrowed, but is that necessarily a bad sign?

The bank's annualized return on equity was 15%, and would have been higher were it not for the special tax on bank profits.

The deficit was 3.3% of GDP for the twelve months to the end of July. The target for 2026 is 4.9%.