Israel Active

Sundor Airlines, a subsidiary of El Al, inaugurated its new direct route from Tel Aviv to Tirana, the capital of Albania, with a ceremonial flight. Albanian Prime Minister Edi Rama welcomed the inaugural passengers with a festive dinner at the presidential palace.

The rebranding of US aid to Israel as “Investment” is gathering steam (see previously). MK Amit Halevi is spearheading the initiative to phase out a longstanding U.S. foreign aid model for a new framework based on joint investments, innovation and equal partnership.

Israel's fiscal deficit narrowed in the twelve months to the end of March 2025, for the sixth consecutive month, to 5.2% of GDP, or NIS 105.5 billion. Israel had a fiscal surplus of NIS 3.7 billion in Q1 2025, compared with a fiscal deficit of NIS 26.4 billion in Q1/24.

For the first time, in 33 years of diplomatic ties, Israel will export fresh agricultural produce (mangoes, avocados, and peppers) to Azerbaijan. It opens a new door for Israeli agriculture on the Modern Silk Road and could expand to other countries along the route.

The Automated Prohibited Items Detection System) from Israel’s SeeTrue (see previously) has been approved by Netherlands' National Coordinator for Security and Counter-Terrorism for use with the Analogic ConneCT.

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Japanese banking giant SoftBank has teamed up with Israel’s ZutaCore (see previously) to use its synthetic fluid cooling solution to prevent the bank’s servers from overheating.

The two sunshine states enjoy an extremely beneficial mutual business relationship. A study by the United States-Israel Business Alliance indicates that Florida hosts 429 Israeli-founded companies, employing some 8,200 people, which earned over $7 billion in 2024 - and growing.

California-based Mercurius Media Capital (MMC) has launched Mercurius Bridge in Israel, empowering local startups and growth-stage companies with established product-market fit to expand into the U.S.