The regional economic superpower
You may be able to read this article by Ruchir Sharma in the UK Financial Times in which says “The markets are signaling a clear winner in the Middle East. Israel’s stunning stock rally suggests the country is cementing its status as the regional economic superpower.”
Two new millionaires
It was a week of extraordinary luck for Mifal HaPais, Israel’s state-run lottery, as two women in their 50s walked away with massive wins in consecutive draws - one taking home NIS 8 million, and the other scoring NIS 6 million the very next day.
Startup investment – to 24th Aug 25
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Exits, takeovers, and mergers to 24th Aug 25
Trivago acquired Israel’s for .
Better than China and Turkey
Israel’s Elbit beat Turkey’s Roketsan and China's Norinco in a tender from Peru’s military for Elbit's PULS artillery system, in an initial contract worth about $60 million. Elbit is working with Peruvian company FA ME in final negotiations with Peru's Ministry of Defense.
Airlines return to Israel
Scandinavian airline SAS has announced that it will resume flights to Israel, nearly a decade after suspending operations in the country. Beginning in late October, the airline will operate three weekly flights between Copenhagen and Tel Aviv. Air Europa has resumed with six weekly flights to Madrid.
Fly direct to Vietnam
Israeli airline Arkia plans to launch direct flights from Tel Aviv’s Ben Gurion Airport to Vietnam’s capital Hanoi early next year. It marks the first direct flight service between Tel Aviv and Hanoi.
Egypt needs Israeli gas
In the largest export deal in Israel’s history, NewMed Energy and its Leviathan gas partners have signed a $35 billion agreement to supply some 130 billion cubic meters of natural gas to Egypt by 2040. NewMed, described the deal as “the most significant move since the discovery of gas reserves in Israel.”
Greener airports
The TaxiBot, (see previously) a hybrid-electric tug designed to move aircraft without firing up their engines, is now undergoing expanded trials across major international hubs, including Amsterdam Schiphol, New York JFK, Paris Charles de Gaulle, and New Delhi.
Startup investment – to 17th Aug 25:
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