Business and Economy
The initiative aims to connect investors with businesses and projects that can “scale from local operations into nationally competitive businesses.”
The East African nation is rich in minerals, oil, gas, marine products, agriculture and energy, President Abdirahman Mohamed Abdullahi says.
Foreign investors purchased local shares worth $1.27 billion last year, primarily of companies in the financial and defense sectors.
The figure marked a 3.1% increase compared to December 2024.
Integrating smart autonomous systems on roads is another step toward reducing accidents, Transport Minister Miri Regev said.
Israel’s outlook has been deemed negative since 2024.
Q.ai technology uses “facial skin micro-movements” to enable communication without talking.
The 2026 budget must complete the legislative process by March 31 to avoid a snap election.
The current exchange rate of 3.09 was last seen in 2021 and in 1996.
Upwind joins the Jewish state’s unicorn ranks after a $250 million Series B round.
The Defense Ministry signed the multi-year deal to bolster Israel’s air capabilities and expand its domestic defense industrial base.
The government’s commitment is ambitious, but minority talent still migrates to Tel Aviv to succeed. Can new initiatives reverse that trend?
