Israel Active

Israel’s Gloat (reported previously) has deployed its smart recruitment system to its first Arab bank. The UAE’s largest bank - First Abu Dhabi Bank (FAB) – has partnered with Gloat to launch its internal “Talent Marketplace” and enhance its career development program.

The latest International Monetary Fund's (IMF) Global Economic Report has revised Israel's growth forecast for 2021 upwards from 4.1% to 5% due to the successful rollout of the country's vaccination drive.

Israel's Composite State of the Economy Index for February increased by 0.4 percent, due to the easing of restrictions in the third lockdown. Positive factors were more job vacancies, services revenues, building starts and retail trade revenues.  A survey also showed increased optimism amongst business leaders.

Israel’s Yotpo (see ) has just raised $230 million to give it a market valuation of $1.4 billion. Simultaneously, Israel’s Orca Security (see ) raised $210 million for a $1.2 billion valuation.

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Israel’s , & made Fast Company’s 2021 world list of most innovative companies. was the most innovative company in Europe, Middle East & North Africa with 4th. (2nd) and (7th) were top innovative security companies.

Digital Turbine, Inc. is set to acquire Israeli-founded Fyber N.V. for $600 million. Fyber says its platform helps app developers monetize their products and optimize profitability through quality advertising, with its technology infrastructure reaching more than one billion monthly active users.

Israeli startup Reshuffle, which develops an integration platform for developers, has been acquired by Twitter to help build its new Twitter API. Reshuffle has built an integration platform that lets developers easily build workflows and connect systems using any API.

Israeli cell phone company Partner and the 8200 Impact accelerator have partnered to solve social problems of equality, empathy, inclusivity, and doing good to help emerge from the financial crisis. Their aim is to support builders of solutions to social problems using technology.

Passengers with travel exceptions can travel to Israel using several airlines. They include El Al, Israir, United, Delta, Lufthansa, Swiss, Ethiopian, Wizzair, Air Canada, Air France, Belavia, Ryanair, Austrian, Turkish, AirMoldovia, Aegean, Europa, Pegasus, Easyjet, Ukraine and FlyDubai.