Israel Active

Isrotel’s Kayma hotel is the first new Dead Sea hotel to open in 20 years. It has just 44 rooms and suites and cost NIS 128 million to build. Construction took eight years.

Israel’s SPYDER air defense system has become one of the world’s most popular ground-based air defense systems. Its modular design allows it to be tailored to the specific needs of client nations, contributing to its widespread appeal. Worries about Ukraine have superseded political rhetoric.

The 9,300 Israeli employees of Intel Corporation will see their benefits soar, once special Israeli bonuses are absorbed into basic salaries, boosting them by some 10%. It will increase other bonuses, pensions, training funds, compensation etc. as these are dependent on basic salaries.

More about the $9-12 million that U.S. foodtech investment fund Siddhi Capital is investing in Fresh Start, the government-backed foodtech incubator based in Kiryat Shmona (see previously). Siddhi joins Tnuva, OurCrowd, and Tempo to help push Israeli foodtech into the global market.

Norway has just realized that if its $2.1 trillion sovereign wealth fund divests from Israeli-linked companies, it will no longer be able to invest in Nvidia, Microsoft, Apple, Amazon, Alphabet, Meta and Broadcom. So it has put on hold its divestment plans.

Israel’s foreign exchange reserves at the end of Oct 2025 rose to $231.954 billion - a new record for the third consecutive month.  The level of the reserves relative to GDP at the end of Oct was 41.3%.

Despite threats to boycott, European nations are increasing purchases of Israeli defense systems. Israeli military exports hit a record $14.8 billion in 2024, of which 54% went to European countries. It compares to just over 33% in 2023.

In one year, Nvidia (at $5 trillion, the world’s most valuable company) has increased its Israeli workforce from 3,300 (see previously) to 5,000 and it’s still hiring. Today, Israel is Nvidia’s second-largest R&D hub outside the United States.

Israel’s Doral Energy (see previously) has won a NIS 1.5 billion deal for the construction of a large solar field (553 megawatt output) at Cold Creek in Texas. The project will include storage capacity of 340 megawatt-hours, and will be spread over more than 5,000 acres.

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