Jerusalem rising
Jerusalem is on the brink of a dramatic transformation. Developers are racing to reshape the city with hundreds of new towers, light rail lines, and mixed-use districts. From urban renewal to skyline redefinition, the future of Jerusalem is unfolding - faster than most imagined.
It’s not aid, it’s investment
Another article that confirms that the US doesn’t give Israel aid; it makes an high-return investment. Israel returns billions of dollars more than cost, in jobs and benefits to US security & defense industries. Plus Israel fights US’s enemies (Iran, Hamas,& Hezbollah) without needing US boots on the ground.
IAI is worth billions
The 2024 financial results for Israel Aerospace Industries (IAI) were phenomenal. Revenue up 14% to over $6 billion; net profit up 55% to nearly half a billion dollars; and a pipeline of orders of $25 billion.
Startup investment – to 27th Apr 25
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Exits, takeovers, and mergers to 27th Apr 25
Israel’s was acquired by US-based Bow River Capital for .
Israeli cybersecurity acquired stealth Israeli AI startup for ;
Israel’s Switzerland’s 42matters (in 2024).
Inspecting rental cars
Car rental giant Hertz has partnered with Israeli startup UVeye (see previously) to deploy AI-powered vehicle inspection systems across major US locations. The move marks one of the largest rollouts of automated inspection technology in the car rental industry to date.
$54 million in fraud prevented
Israel’s BioCatch (see previously) protected customers of Alkami Digital Banking Platform (e.g. Gate City Bank) by stopping more than $54 million in fraudulent transactions in 2024. BioCatch's Account Takeover Protection analyzes digital behaviors in real time to highlight attempted fraud.
British Airways resumes Israel flights
British Airways has resumed flights to Israel, becoming the latest major carrier to renew services suspended due to the Israel-Hamas war. The move came the week before the busy Passover and Easter travel season, when flights to Israel are heavily booked.
El Al resumes flights to Eilat
After a 12-year break, El Al Airlines is returning to Israel’s southern skies with the relaunch of its domestic route from Ben-Gurion Airport to Ramon Airport near Eilat. Starting next month, El Al will operate two weekly flights between the central hub and the Red Sea resort city.
Quebec opens Israel office
Québec has opened its first representative office in the Middle East. Trade between Québec and Israel is valued at $525 million annually. The bureau will also focus on education. Québec is sponsoring an international diplomacy course in French at Netanya Academic College.