Israel Active

Israeli airline Arkia has taken up the opportunity left by the suspension of US carriers’ services to Israel. Israel's second-largest carrier will now offer five weekly non-stop flights to New York’s JFK International Airport, as well as adding “low-price” business class tickets on some of its flights.

Israel’s Kesem Energy has signed a $2 billion agreement with Energean to receive natural gas for 17 years from the Karish-Tanin gas fields and a $700-800 million agreement with the Tamar partners until 2035. The gas will fuel a power plant to be built near the Kesem junction on highway 6.

Israeli startups raised over $1 billion in March 2025 – more than 20% higher than in March 2024. Total raised in Quarter 1, 2025 was $2.1 billion, 24% higher than Q1 24.

In under three weeks, Israel’s Gilat Satellite Networks has won orders worth nearly $50 million. They include a $23 million five-year contract to supply Satellite Transportable Terminal (STT) units worldwide in support of U.S. Department of Defense (DoD) customers.

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Elastic has Israel’s (AIOps). Israeli-founded UK-based has acquired the mobile games studio portfolio of US-based AppLovin for .

Israel’s SuperCom (see previously) has won recent contracts in Arizona, and Utah, making eight US States in total. It also has signed a new Electronic Monitoring contract with a government agency in Kentucky to expand its business in that State.

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.