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Monthly Archives: March 2026
Tax revenues soar
The Israel Tax Authority collected a record NIS 509.3 billion in 2025, up 12% from 2024. Israel’s fiscal deficit at end 2025 was 4.7% compared to 6.8% at end 2024. A key reason is the successful implementation of the Tax … Continue reading
Posted in Economy & Business
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Israeli startup investments to 22/3/26
Vast Data raised $1 billion (value 30 billion); Upwind raised $250 million (new Unicorn); Tomorrow.io raised $175 million (new Unicorn); XTEND raised $152 million (IPO); Wonderful AI raised $150 million (value $2 billion); Oasis Security raised $120 million; Lyte raised … Continue reading
Posted in Economy & Business
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Exits, takeovers & mergers to 22/3/26:
US giant ServiceNow has acquired Israel’s Pyramid Analytics for hundreds of millions of dollars. Dutch-based Nebius has acquired Israel’s Tavily for an estimated $275 million. Israel’s Trax has merged with multinational Form. Israeli-founded Varonis has acquired AllTrue.ai for $150 million. … Continue reading
Posted in Economy & Business
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Astera Labs opens Israeli R&D center
US semiconductor manufacturer Astera Labs has opened an Israel R&D hub to tap into local talent and develop high-performance AI connectivity technologies. It has rented offices in Tel Aviv and Haifa and is planning to hire hundreds of employees by … Continue reading
Posted in Economy & Business
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40-storey tower rises in Jerusalem
The 40-storey Marom Tower is the flagship office building for the new business center being constructed at the Jerusalem Gateway district at the Western entrance to Yerusahalayim. Eventually, 20 high-rise towers will house some 60,000 employees. https://worldisraelnews.com/historic-40-story-marom-tower-rises-at-jerusalems-new-gateway/
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More El Al direct flights
El Al is launching nonstop services to Hanoi, Seoul and Manila from Tel Aviv, marking a major expansion of its service to Asia. The thrice-weekly flights to each city will bring to a record 60 the number of destinations serviced … Continue reading
Posted in Economy & Business
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Highly valued
Israel’s NetVision (see here previously) went public on the Tel Aviv Stock Exchange in 2021. Then it was worth NIS 407 million. Today its value is NIS 21 billion. Its lightweight stabilized cameras are ideal for drones, e.g. for Israel’s … Continue reading
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More protection for NATO
Israel’s Elbit has been awarded new contracts worth $150 million, for its Iron Fist Active Protection System (APS). These will be integrated into CV90 Infantry Fighting Vehicles (IFVs) operated by European NATO member states. In one demonstration Iron Fist intercepted … Continue reading
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India defense deal is worth $8.6 billion
The total value of the defense order by India that included Jan 2026’s 1,000 SPICE missiles (see here previously) was $8.6 billion. Defense sales to India from 2020 to 2024 were worth $20.5 million, and the current trend is increasing. … Continue reading
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$140 million for Israeli cyber and AI
Israel’s Hetz Ventures (see here previously) has closed a $140 million fourth fund, in wartime, for investing in Israeli cybersecurity and AI infrastructure. Managing partner Judah Taub said, “Fund IV is not just a vote of confidence in Hetz, but … Continue reading
Posted in Economy & Business
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