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A September report from the Start-Up Nation Policy Institute (SPNI) highlighted a 20% decrease in investments and a 50% drop in deals during Q2 and Q3 of 2023. ....
The war in Gaza has taken an economic toll on tech, Israel's most productive sector wbaa.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wbaa.org Daily Mail and Mail on Sunday newspapers.
Reservists have been called into military service, leaving tech companies understaffed. The tech sector employs about 12% of Israel's workforce and accounts for half of the country's exports. ....
The shekel-dollar rate has dropped below NIS 3.6, indicating the Israeli currency’s increasing strength — but it may be coming as a result of deeper issues. ....