Kibbutz Kfar Aza, in partnership with Reches Real Estate and the Zadok Group, has initiated a large-scale logistics center on 60 dunams of kibbutz land, with an investment of approximately USD 65 million. The Zadok Group, a key player in the Israeli logistics and real estate sector, will serve as the anchor tenant for this […]
Author: Idan Nishlis
The U.S. company Cloudera, a leading global provider in big data management and analytics, has acquired the assets and business operations of Octopai, an Israeli company known for its automated data lineage, discovery, cataloguing, mapping, and impact analysis tools. This acquisition enhances Cloudera’s ability to govern data across multi-cloud and on-premises environments, strengthening its appeal […]
The privatization of Israel Post has officially concluded. Ownership of the company has been transferred from the state to a consortium that includes Milgam, Phoenix, and Layman Schlissel for a sum of NIS 468 million, marking the acquisition of 100% of the company. Despite the change in ownership, Israel Post will remain under the supervision […]
Despite 2024 being marked by the challenges of a prolonged and ongoing war, the determination of founders, entrepreneurs, startups, and established companies has remained evident. While the market conditions are far from ordinary, Israeli resilience, innovation, and boldness have been particularly evident in the commercial and legal sectors. Funds continue to be raised, deals finalized, […]
Swedish digital entertainment company Modern Times Group (MTG) has acquired Israeli gaming firm Plarium for up to USD 820 million. The deal strengthens MTG’s portfolio in the online gaming sector, positioning it to reach a broader audience. Plarium, headquartered in Herzliya, is known for developing popular mobile and social games such as “Raid: Shadow Legends” […]
For years, the Israel Tax Authority has been trying to lay hands on the profits of Israelis active in the cryptocurrency market that are liable to tax in Israel. Recently, a report by the State Controller indicated that taxing these profits could yield NIS 3 billion annual revenue, which is being lost because of lack […]
Israel’s AI startups dominate the tech investment landscape, securing nearly 47% of all investments despite comprising just 30% of the sector. Over the past decade, the AI segment has grown by 173%, outpacing the broader tech industry, which expanded by only 12%. The country’s AI ventures attract more per capita investment than the US or […]
Two years after the Israel Innovation Authority began its national AI program, it is now nearing the purchase of a supercomputer from one of the Israeli government’s national cloud suppliers – Amazon and Google. The budget for building the supercomputer is NIS 300 million, of which NIS 150 million will be allocated to the budget […]
The initiative aims to introduce cutting-edge Israeli technologies, focusing on AI and automation, to the UK healthcare sector. Participants will receive guidance, mentorship, and valuable insights into the UK system, creating opportunities for significant advancements in patient care and healthcare operations. Read more in Jerusalem Post.
Blue Square Real Estate, a leading Israeli real estate development company, has issued two series of bonds: Series Y and Series 9, raising a total of NIS 910 million. Series Y is a new offering secured by liens on real estate assets, while Series 9 is an expansion of an existing series. EBN advised the […]
