NewMed Energy Limited Partnership has proposed a combination with Capricorn Energy PLC, which, if completed, will create one of the largest upstream energy independents listed in London. The combination constitutes a reverse takeover of NewMed by Capricorn for the purposes of the UK Listing Rules. It will result in NewMed’s equity holders and Capricorn shareholders […]
Author: Idan Nishlis
In May, Israel forged a free trade deal with the UAE, its first with an Arab country, that officials estimate will increase trade from USD1.2 billion to USD10 billion in a 5-year time period, but Israel-Bahrain trade has lagged behind so far, in 2021 totaling just USD 7.5 million. Read more here.
OurCrowd launches USD 200 million global health equity fund (“GHEF”) in collaboration with the WHO Foundation The GHEF is a USD 200 million financial-first impact venture capital investment fund, focusing on breakthrough technology solutions that can impact healthcare globally.
Herzog Fox & Neeman last week received the “Israel Tax Firm of the Year” award from the prestigious tax magazine ITR (International Tax Review). Meir Linzen, chairman of the firm and head of the Tax department, an Anthony Leibler, a senior partner in the Tax department, received the award. Meanwhile, H-F & Co. are the only Israeli firm […]
Israeli fintech Nayax has made its U.S. market debut this week after listing its shares on Nasdaq. Established in 2005, Nayax started as cashless payment, IoT service and management solution provider for unattended retail. Herzog fox & Neeman represented Nayax in the listing, with partners Nir Dash and Ron Ben Menachem invited to the opening bell ceremony at Nasdaq. […]
Cyber security technology company CrowdStrike has purchased its second cybersecurity startup in less than a year as the Austin, Texas-based company continues to build out its security offerings. It acquired Reposify, an external attack surface management (EASM) company, founded in 2017, that will help customers identify and eliminate risk from vulnerable and unknown assets before […]
Google is buying Israeli climate tech start-up BreezoMeter for a fee estimated to be around USD 200 million. The Israeli start-up aims to monitor air quality and improve people’s health by using atmospheric data that is acquired through multiple sensing stations, AI, and machine-learning algorithms. Co-founded in 2014 by environmental engineer CEO Ran Korber and […]
Israel’s National Council for Civilian Research and Development (NCCRD) has recommended that Israel’s top five research and development priorities should be bio-convergence (merging engineering and medicine); food tech; renewable energy and energy storage; civilian space industry and blue tech (using the sea as a national resource). The committee also recommended continuing government support for two […]
Bahrain, a signatory to the Abraham Accords, has already been successful in diversifying its economy by reducing the share of oil and gas to comprise less than 20%, down from 42% twenty years ago, while growing sectors such as manufacturing, financial services and tourism. This offers potential for Israeli businesses. Read more here in Jerusalem […]
The figures show a steady rise in the volume of civilian trade since then, reaching USD 4.7 billion in 2019 and jumping to USD 6.6 billion in 2021. The trend has continued in 2022, with trade reaching USD 3.7 billion in the first half of this year. The biggest item in trade between the two […]
