Israel Active

Emirati carrier Flydubai, resumed flying to Israel one day after the ceasefire with Iran began. Israeli-owned TUS Airways, the Greek airline Blue Bird Airways and Abu Dhabi-based Etihad began flights one day later, with China’s Hainan close behind. United, Wizz and Lufthansa restart soon.

This article explains the reason why the values of Israeli stocks, bonds and currency have suddenly soared. No-one imagined what would happen last week. Even if someone secretly believed in it or dreamt of it, it’s not a scenario that was priced into the stock or bond market.

New Zealand-based fintech giant Xero has agreed to acquire Israeli startup Melio (see previously) in a deal valued at up to $3 billion. It will give Xero full control of Melio’s payments infrastructure and 80,000+ small business clients in the US.

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New Zealand’s Xero is acquiring Israel’s for at least . (TY ) Caesarea’s (owned by , owned by IFF) has acquired Poland’s Carotex for . Israel’s has acquired Israel’s for “for several tens of millions of dollars”.

Israel’s Finout (see previously) tops the Globes list of companies most likely to succeed, named by 80 local and foreign funds that invest in Israeli startups. They selected young, healthy, groundbreaking, privately-held Israeli technology companies that are making a significant impact.

Israeli-founded Waltz (see previously) enables international investors to form U.S. entities, open local bank accounts, convert currencies, obtain financing, and close on property purchases, all through a single streamlined platform. It aims to launch across Latin America.

Apple, which has been operating in Jerusalem for nearly four years, is expanding its presence in the city. It is leasing space in the Hebrew University Givat Ram Campus technology park, and recruiting 28 positions, including hi-tech degree students, for its Jerusalem development office.

OurCrowd founder and CEO Jon Medved writes that war and uncertainty don’t slow down innovation in Israel. If anything, they accelerate it. Live video with geospatial data to guide emergency responders; AI to detect terror financing; advanced cooling systems for data centers.

The Tel Aviv 125 index hit an all-time high after Israel and the United States attacked Iran’s nuclear sites. Shares gained some 7%, as $100 billion of funds was invested in TASE companies.  At the same time, the Shekel strengthened by more than 3.5% against a basket of currencies.