Local currency weakens to 3.85 against US dollar as hopes for a judicial compromise fade, increasing odds for FX intervention, and as Moody's meets with PM in Israel
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Israeli startup SavorEat in partnership with food services conglomgerate Sodexo starts sale of plant-based burgers at the University of Denver as part of US commercial debut
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Affinity Partners, headed by Trump's son-in-law, to invest $150 million for a 15% stake in Shlomo group's car and credit business unit
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Herzliya-based venture capital firm launches second fund to back locally founded startups in areas of digital health, medical devices, diagnostics, and life sciences
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Israeli maker of chips and semiconductors will use Intel’s New Mexico manufacturing plant and invest up to $300 million to buy equipment as part of the partnership deal
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Israel Securities Authority will work with the Central Bank of Bahrain to provide regulatory guidance and support to fintech entrepreneurs and startups in both countries
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Company aims for FDA approval so that its novel cell therapy for radiation sickness can be eligible for US Strategic National Stockpile
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As forecast, central bank leaves borrowing costs at 4.75%, but cautions about impact of shekel depreciation on inflation and the possibility of further rate hikes
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Finance minister selects 22-year veteran as new director, subject to government approval next week
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New survey by the Israel Advanced Technology Industries (IATI) shows that 45% of new start-ups were incorporated outside of Israel compared to 20% in 2022