Bank of Israel freezes mortgage and loan repayments
Israel’s Central bank is to freeze mortgage and loan re-payments to Israeli citizens for 3 months to provide financial relief and ease cash flow crunch during the war.
Support from Diaspora Jews & friends
This article describes some of the Jewish and non-Jewish organizations who are raising funds to support victims of Hamas terrorism and their families. They include Israel Bonds, Victims of Terror, UJA, JNF-USA, synagogues, Christians United 4 Israel, and even Tieks shoes.
Financial support for war victims
Israel’s Tipalti (see previously) has raised and donated 2.5 million shekels in humanitarian relief. The Israeli Children’s Fund (ICF)is giving $100,000 to each child who has lost a parent. Over 200 Venture Capital funds have signed a letter of support for Israel.
A wave of new business for the new Middle East
On the 3rd anniversary of the Abraham Accords, this article describes the success of the Dubai Multi Commodities Centre (DMCC) and its success at providing Israeli entrepreneurs with a platform to explore new markets and foster cross-cultural partnerships.
Raising funds for Israel in its time of need
Many organizations have been raising and distributing money to support Israel financially. They include the Jewish Federations’ $500 million campaign. Financial giant Jefferies raised $13 million for victims of the attacks. And Safe Dome - an emergency fund for Israeli startups.
Monitoring the elderly in the UK
The smart tracking system for elderly at risk from Israel’s Essence SmartCare (see previously) is now available to over 12.7 million UK seniors. The solution has been used by city councils in Liverpool, Essex, Dorset, Devon, and the London Borough of Barking & Dagenham.
Developing UK oil & gas field
The UK has given Israel’s Ithaca Energy (part of Delek) and its Norwegian partner Equinor, regulatory approval to develop Rosebank - estimated to be the largest untapped oil and gas field on the British continental shelf.
Lifeguard software for UAE
The lifeguard assistance software from Israel’s SightBbit (see previously) is being used for the first time to save lives off beaches in the United Arab Emirates. Dubai-based BlueGuard will use the system as part of its program that blends technology with traditional lifeguarding techniques.
Investment in Israeli startups to 8/10/23
raised ;
raised ;
raised ;
raised ;
raised ;
raised ;
raised ;
raised ;
raised ;
raised ;
raised ;
raised ;
raised ;
raised ;
raised ;
Exits, takeovers & mergers to 8/10/23
US cybersecurity giant CrowdStrike has acquired Israeli cybersecurity for approximately ;
Israel’s Playtika is acquiring Israeli gaming studio for .
Israeli blockchain unicorn has acquired Australia’s BlockFold for an estimated ;
Israel’s has acquired US-based LiveVox for ;