Tech hubs will be established in the Negev and Galilee to boost local high-tech employment and entrepreneurship in areas of agriculture, food, energy and climate change solutions

With offices in Israel, Kreos lends to startups including Israeli taxi-hailing app Gett, energy tech firm SolarEdge, and biotech firm BiolineRX

International economic organization slightly lowers Israeli GDP forecast to 2.9% in 2023 and 3.3% in 2024, notes underperformance of shekel and local stock market

Backed by American VC firm Insight Partners, the pre-seed fund seeks to invest into 60 to 80 startups and first-time founders by 2026

Veteran entrepreneur and investor says Israeli tech sector faces 'terrible crisis,' urges decisionmakers to resolve political debate around judicial overhaul

As more funds are funnelled to the ultra-Orthodox community, other budgets for investment in high-tech are reduced; reforms for tackling high cost of living are suffering

Treasury revises 2023 growth forecast down to 2.7% from 3% as economic slowdown will lower tax revenue this year by NIS 5.3b; sees judicial uncertainty affecting foreign investment

New survey shows 17,000 open positions in high-tech industry at end of last year, down from 32,900; warns global recovery could bypass Israel if political uncertainty continues

Agreement looks to facilitate entry of Israeli cyber firms to Asian markets and help Korean firms with US market exposure