PRO ISRAEL

Holding companies news

Israel's business and economic news in English, from the country's financial press. Hebrew headlines are translated; every story links to the publisher.

  • Government inclines to approve delay in Kael sale

    The sale of Kael by Discount Bank to a Union Group affiliated with George Chrosh and Harel collapsed this morning. Discount Bank, the owner, is required to complete the Kael sale by April 2027 and is expected to request a delay from the Bank of Israel and the Finance Ministry.

    Globes (Hebrew, translated) · 1 day ago · Kael, Discount Bank, Union, Harel