The Ministry of Housing plans to bring about 40,000 more foreign workers to Israel for jobs in the construction industry. Already some 1,200 Indian workers are in Israel, increasing to 10,000 by end June. Similar numbers will be employed from … Continue reading →

In his announcement of an arms embargo on sales to Israel, Canada’s Foreign Minister forgot to mention that in the last decade, the Canadian Defense Ministry purchased Israeli weapon systems worth more than a billion dollars. (see also here previously) … Continue reading →

Israel’s OurCrowd has announced that commitment by investors to its Israel Resilience Fund had increased to $17 million, enabling it to increase funding to a current total of 34 startups. In addition, PwC Israel will provide business support to portfolio … Continue reading →

The tenth Europe Days conference in Tel Aviv (see here previously) featured some 200 Israeli startups and entrepreneurs. All were hoping for investment from the 14 venture capital funds and 18 representatives of companies, authorities, and municipal bodies from Europe. … Continue reading →

Israel’s NeuReality (see here previously) has raised $20 million including from The European Innovation Council and Israel’s OurCrowd. https://en.globes.co.il/en/article-israeli-chip-co-neureality-raises-20m-lincluding-eus-eic-1001474101

Egyptian-based PAPSS (the Pan-African Payment and Settlement System) has selected Israel’s Thetaray (see here previously) as its anti-money laundering (AML) and screening partner. https://nocamels.com/2024/03/egypt-based-pay-platform-taps-israeli-anti-money-laundering-startup/

Israel’s Minute Media has reached a 10-year licensing deal for digital and print rights to publish Sports Illustrated. The Israeli company will oversee all digital and print editorial operations across the SI portfolio. https://www.calcalistech.com/ctechnews/article/s1tq0kuap

US-based Gitlab is acquiring Israel’s cloud security startup Oxeye for $30-40 million. Israeli-founded Redis has acquired Israel’s Speedb.