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Israel Signs Historic $35B Gas Export Agreement with Egypt

NewMed Energy and its Leviathan partners have signed Israel’s largest-ever export deal, agreeing to supply 130 billion cubic meters (BCM) of natural gas to Egypt by 2040.
- ECONOMY & BUSINESS
- INDUSTRY
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Israel emerges as a global hub for smart mobility innovation

As detailed in the latest report by the Israel Vehicle Importers Association, Israel has emerged as a global leader in smart mobility innovation. With more than 724 active mobility startups, the country ranks fourth globally—behind the US, China, and the UK. The index covers startups working on vehicle technologies, charging infrastructure, mobility software, autonomous driving, and more. The report underscores Israel’s status as a premier destination for developing cutting-edge digital mobility solutions. Read the full report on Israel Vehicle Importers Association
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Israel to Invest NIS 40 Million in National R&D Lab for Space Technology

Israel is set to invest NIS 40 million (approximately $12 million) to establish a national research and development laboratory aimed at supporting startups developing space-bound technologies.
- ECONOMY & BUSINESS
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Major German–Israeli AI exit: NICE acquires Düsseldorf’s Cognigy for approx. $955M

In a landmark cross-border deal, Israel’s NICE is acquiring the German conversational AI firm Cognigy, based in Düsseldorf, for approximately $955 million.
- ECONOMY & BUSINESS
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Mapping Israel’s $20B GenAI boom: 342 startups and counting

A new report by Remagine Ventures shows that Israel’s generative AI ecosystem continues to grow rapidly, with 342 active startups, up from just 144 a year ago.
- ECONOMY & BUSINESS
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Israel and US to forge $200m tech hub for AI and quantum science

Israel and the United States are set to establish a joint science and technology center focused on artificial intelligence and quantum science, with a total investment of $200 million.
- ECONOMY & BUSINESS
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Tel Aviv ranks No. 4 in global startup ecosystems, one spot higher than last year

According to the 2025 Global Startup Ecosystem Report by Startup Genome, presented at VivaTech in Paris on June 12, Tel Aviv has risen to fourth place worldwide.
- ECONOMY & BUSINESS
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Mapping Israeli Quantum Computing: $650 Million Raised Amid Global Competition

A new report by Earth & Beyond Ventures in collaboration with Deloitte Catalyst maps Israel’s growing quantum computing ecosystem.
- ECONOMY & BUSINESS
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NVIDIA plans massive tech campus in Israel, boosting AI innovation

NVIDIA has announced it is seeking land in the Yokneam area to establish a major new campus that would serve as its main R&D hub in Israel. The project reflects NVIDIA’s long-term strategic commitment to the region and is expected to significantly expand its local workforce.
- ECONOMY & BUSINESS
- INDUSTRY