Finance

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
Long-term success is built through patience, disciplined decisions, and investments that create lasting value.

Michael J Sacks on the connection between business growth and community investment

Finance Committee chair MK Hanoch Milwidsky leads a Finance committee meeting at the Knesset, the Israeli parliament in Jerusalem, August 4, 2026.

Knesset panel approves budget transfer of NIS 270 million to haredi education during recess

Gadi Mazor, BioCatch CEO

Visa buys Israel's BioCatch for $2.4b


Bankers need to start viewing AI as a solution rather than a threat

If we approach AI as a connectivity solution rather than a workforce threat, we’ll modernize our infrastructure & strengthen the relationships that define our relevancy in a rapidly evolving industry

Ira Robbins, CEO and Chairman of Valley Bank

Ashdod Port company reports financial results for the first quarter of 2026

Ashdod Port continues to demonstrate growth in the first quarter of 2026, while maintaining full operational continuity during a complex security period.

“Ashdod Port posted higher revenues in Q1 2026 while maintaining operational resilience despite wartime challenges.”

Your Investments: The spies and fear of financial success

Winston Churchill said, "Success consists of going from failure to failure without loss of enthusiasm."

An illustrative image of New Israeli Shekels in a wallet.

Your Taxes: New Israeli rules could save US olim money and affect businesses

The Israeli National Insurance Law has been amended, while most Israeli businesses must now obtain an “Israel Invoice” allocation number.

 New Olim celebrate arrival in Israel

Bank Leumi ranks second in MENA region for innovation, first in Israel for AI implementation

Bank Leumi has been one of the pioneers of the AI revolution in Israel. I am proud that the significant efforts we are investing in AI are bearing fruit,” said Leumi’s CEO Hanan Friedman.

Pedestrians are reflected in the windows of a branch of Bank Leumi, Israel's second-largest lender, in Tel Aviv, Israel

Former finance minister Kahlon convicted of reporting offense in UnetCredit collapse case

The conviction came as part of a plea agreement between the parties.

Finance Minister Moshe Kahlon

Your Taxes: Trump’s tax amnesty raises questions for Israeli taxpayers

Trump’s tax settlement casts a spotlight on Israel’s tax amnesty program, its limits, and the risks facing taxpayers without full documentation.

 U.S. President Donald Trump speaks during the annual National Prayer Breakfast at the U.S. Capitol in Washington, U.S., February 6, 2025.

Your Investments: Aaron’s menorah teaches us patience is key to long-term wealth

Aaron’s menorah offers a timeless lesson in patience, showing how lasting financial success is built through discipline, consistency, and time.

The menorah-inscribed stone door discovered in Tiberias, December 2017

Under fire: The resilience of Israel’s sports and education

Antisemitism and international boycotts jeopardize the future of Israel’s sporting sector.

ARI STEINBERG (R), Chairman of Wingate Sport Institute and CEO of Ashmoret, and the athletes who won medals at the 2025 World Games.

Grapevine, May 26, 2026: Crossing redlines

Movers and shakers in Israeli society.

 The Knesset building, home of Israel's legislature, in Jerusalem, on November 14, 2022 (Illustrative).