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Thuringia Becomes the First German Federal State to Return to Israel with a Large Delegation

With a high-level delegation from politics, business, and academia, Thuringia deepened existing relationships and set new impulses for cooperation with Israel.
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Specialized chip plant to be built in Ashkelon, Israeli-Canadian fund announces

Awz Ventures says it will invest $1.6 billion in a foundry to produce advanced semiconductors for defense use and civilian companies, though the public portion of the project cost is unclear
- ECONOMY & BUSINESS
- INDUSTRY
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Israel and Germany among the world’s most innovative countries

According to the Global Innovation Index 2025, Germany ranks 11th and Israel ranks 14th, with Israel also placing 1st in the Northern Africa and Western Asia region.
- ECONOMY & BUSINESS
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Research as a Bridge: Lower Saxony Celebrates Partnership with Israel

For more than six decades, Lower Saxony and Israel have been closely connected through scientific collaboration. In September, this unique partnership was celebrated at Herrenhausen Palace in Hanover – an occasion to honor the achievements of joint research projects and the 100th anniversary of two leading Israeli universities.
- ECONOMY & BUSINESS
- POLICY NEWS
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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
- PUBLICATIONS
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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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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