The company attributed the decline to weaker oil prices, higher operating costs, and lower income from sales.
Hapoalim's shares were up 4.4% in afternoon trading in Tel Aviv and have gained more than 10% so far in 2025.
Just before his hospitalization, the pope formed a new Vatican financial group.
Alon Arvatz, CEO& Co-founder of PointFive, TAU Alumnus of the Faculty of Law, in conversation with Jake Laznik, Senior Breaking News Desk Manager, The Jerusalem Post.
"The interest rate will be set in accordance with inflation converging to its target, continued stability in the financial markets, economic activity, and fiscal policy," the bank said.
The Financial Restart process of the Beyahad Financial Group is changing the rules of the game – and thousands of clients already report dramatic improvements in their quality of life.
Blockaid works with some of the biggest on-chain companies, such as Coinbase, Metamask, Stellar, Uniswap, and World App.
The financial results were actually positive, at the higher end of analysts' forecasts, but profit guidance for 2025 disappointed the market.
The startup sells cyber protection systems to companies with complex or old physical infrastructures, such as gas rigs, electricity companies, and nuclear reactors.
The headquarters will be a joint effort of the Finance Ministry, the Presidium of the Israeli Business Sector, Business Roundtable Israel, and philanthropy organizations.
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