Eitan Gerstenfeld

After a remarkable 60% surge in their stock prices over the past year, Israel’s cellular providers are striving to sustain the efficiency measures they’ve implemented while seeking to capitalize on the transition to 5G. But where will the next wave of efficiency gains come from, and what factors remain unpriced into their valuations?

Mizrahi Tefahot Bank wraps up a strong quarter, with revenues climbing 13% to approximately NIS 3.5 billion and net profit rising to NIS 1.3 billion. The bank ends 2024 with record annual profits nearing NIS 5.5 billion.

At the end of last year, the digital insurance company held a highly publicized investor conference filled with slogans, promises, and explanations about the company’s future. But instead of the stock climbing, it has only dropped since then, raising the question: Why do executives keep making statements that impact stock prices in the short term?

The central bank has decided to leave the interest rate unchanged at 4.5%, in line with analyst expectations and against the backdrop of rising consumer prices, which have pushed inflation beyond the upper limit of the target range

After accumulating significant assets over the past five years—from Egged to private power stations—the managers of Keystone Infrastructure Fund have concluded that the company is entering a new business phase. This next step involves unlocking value from its portfolio, with a target of doubling its equity by 2030.

The final quarter of 2024 showed strong economic data as the economy began recovering, improving the overall numbers for a year marked by war. So why is there little enthusiasm, and why are people still frustrated with the economic situation?

After months of deliberation, the Electricity Authority has decided to soften the restrictions it initially planned to impose on electricity prices charged by private power producers operating the privatized power stations. The companies will now be allowed to charge up to 40% above the cost of gas, a move expected to generate savings of 400 million shekels.

Despite a record-breaking year with 10% revenue growth and a 20% increase in profits, the company’s 2025 guidance failed to impress investors, sending the stock lower in Tel Aviv trading. In a conversation with Bizportal, Delta’s CEO and controlling shareholder Isaac Dabah and CFO Yaniv Bendek try to explain the results and share their outlook for the company’s future.

With inflation still high, a budget that remains loose and far from approval, and rising inflation in the U.S. that could spill over into the local market, the chances of an early interest rate cut are fading. While most economists still anticipate a rate cut in the second quarter, the immediate prospects for monetary easing are diminishing.