The Phoenix Group has completed an issuance of deferred undertakings (COCOs), which are additional Tier 1 capital instruments of Phoenix Insurance Company Ltd., linked to the index, raising NIS 500 million. The issuance drew exceptional demand exceeding NIS 500 billion, with participation from many of Israel’s leading institutional investors. This follows Phoenix’s 2023 milestone as […]
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Israeli defence-tech company Controp Precision Technologies has secured approval to establish a regional subsidiary in the Abu Dhabi‐based Abu Dhabi Global Market (ADGM) free zone under the supervision of Israel’s Defence Ministry and Government Companies Law. The new entity, initially to be named Controp (UAE) Ltd., will market, sell, develop and maintain its electro-optical surveillance […]
OfekTech, a new Israeli accelerator, has been launched to empower IDF and national-service veterans to develop high-impact technology ventures. Created by Masa El HaOfek (Journey to the Horizon) in collaboration with the Israel Ministry of Defense, the program offers mentorship, legal and financial guidance, and access to Israel’s thriving tech ecosystem. The accelerator supports veterans […]
Israeli innovation continues to power New York’s economy, with Israeli-founded companies generating USD 19.5 billion in gross economic output in 2024, according to the 2025 Economic Impact Report by the United States–Israel Business Alliance (USIBA). Across New York State, 648 Israeli-founded firms supported 57,145 jobs, paying USD 8.6 billion in employee earnings and adding USD […]
Nvidia, the US-based global leader in AI and semiconductor technology, is dramatically expanding its footprint in Israel. The company will triple its Be’er Sheva operations with a new 3,000 m² facility set to open in 2026, creating hundreds of engineering roles. Already employing more than 5,000 people in Israel, Nvidia is also weighing the construction […]
KKR, the US-based global investment firm, is reportedly seeking to sell Yad2, Israel’s leading online classifieds platform, at a valuation of about USD 1.2 billion (NIS 4 billion). Bidders include Blackstone, Apax, Warburg Pincus, and Francisco Partners, all aiming to gain a foothold in Israel’s digital marketplace. The potential sale signals renewed international investor confidence […]
BioLineRx (NASDAQ: BLRX, TASE: BLRX), an Israeli clinical-stage biopharmaceutical company, has formed a joint venture with Norway’s Hemispherian AS to develop GLIX1, a first-in-class oral small molecule targeting DNA damage response in glioblastoma and other cancers. The collaboration aims to accelerate the development of novel oncology treatments through combined scientific and technological resources. Arnon, Tadmor-Levy […]
Fireblocks, a leading Israeli digital asset custody and transfer platform, has acquired Dynamic, a company that enables developers to integrate digital wallets into applications within days. The transaction strengthens Fireblocks’ position in the blockchain and fintech space, expanding its capabilities in institutional-grade wallet infrastructure and user-focused financial technology. David Polk and Meitar advised Fireblocks on […]
Crystalino, an Israeli importer and distributor of electrical appliances, electric mobility products, and luxury jewelry, has sold 50% of its shares to private equity fund Rakia Capital for NIS245 million, marking a major strategic move into the luxury jewelry and electric mobility sectors. The deal strengthens Rakia’s investment portfolio and positions the firm for further […]
November 3rd, 8:45–12:30, at Herzog’s offices Patents are legal instruments that grant exclusionary rights, but their true value lies in converting these rights into substantial financial returns. Strong patents can generate millions in revenue through strategic monetization — but only when properly leveraged. In this highly instructive and admission-free half-day conference, conducted in collaboration between […]
