Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Syrian sources: The Israeli occupation has begun withdrawing from the areas it infiltrated last night in the Quneitra countryside.
Al Mayadeen's correspondent: Massive bombings in eastern Gaza, the second within half an hour, and its sound was heard from central area.
Russian air defense units destroyed a drone that was heading toward Moscow.
Maduro: Tomorrow, a business meeting will be held bringing together hundreds of entrepreneurs from advanced Russian industries with hundreds of Venezuelan businesspeople.
Maduro: In the face of threats, Trinidad and Tobago agreed to suspend all effects of the energy agreement and everything that had been agreed upon in that regard.
Maduro: It’s time to make a choice, either stand with the warmongers who want death and violence, or stand with life.
Maduro: They want our wealth. This is not about drug trafficking, and they know it.
Maduro: Everyone in the world knows that what the economic elite ruling the United States seeks today is Venezuela’s oil, gas, and gold.
Maduro: The Prime Minister of Trinidad and Tobago is complicit and promoting war due to her personal, physical, mental, and moral weaknesses.
President Nicolás Maduro: A series of arrests have been carried out against what could be a group of mercenaries trained and funded by the CIA.

Investments in Israeli tech firms decline by 65%: Report

  • By Al Mayadeen English
  • Source: Israeli media
  • 2 Jul 2023 14:53
  • 1 Shares
3 Min Read

The deterioration in the Israeli stock market was mainly caused by the judicial reform plan initiated by Neyanyau's government.

  • x
  • Israeli settlers protest against the government's proposed judicial reform plan in
    Israeli settlers protest against the government's proposed judicial reform plan in "Tel Aviv", January 31, 2023 (Israeli media)

A recent report by IVC Research Center and LeumiTech (a subsidiary of Bank Leumi that specializes in banking for tech companies) shows that the investments received by Israeli startups and tech firms have decreased by 65% in the second quarter of this year compared to the same time last year, according to the Israeli newspaper Times of Israel. 

From April to June (the second quarter of 2023), Israeli tech companies garnered a total of $1.78 billion worth of investments, which marked a slight increase in investment from the first quarter of the year (January to March) when it had totaled $1.7 billion. However, compared to the investments of the second quarter of last year (April to June 2022), investment has decreased by a total of $5 billion, according to the IVC-LeumiTech Review of Israeli Technology. 

In 2021 and 2022, about 80 percent of investments in the tech sector were raised through foreign direct investment, according to the Israel Innovation Authority.

Read more: US deeply values tech cooperation with 'Israel': Exclusive

Israeli tech firms garnered a total of $15 billion last year. In 2021, during the investment boom,  investments reached $25.6 billion which caused an increase in the price of assets of Israeli tech. However, investments deteriorated in the second half of 2022 amid rising interest rates, a global stock market slump, and technology sector layoffs.

Most notable among the causes which caused the decline in investments was Netanyahu's judicial reform bill which caused investors to be cautious about investing their money when it was unclear how the situation will play out, the Israeli newspaper explains. 

Related News

China doubles down on tech self-reliance amid global tensions: FT

The rise of the radical internet on gaming platforms: Axios

Investors have become harder to attract in a tense market that was exacerbated by political uncertainty. The decline in investments has caused Israeli firms to spread out their budget too thin to ensure sustainability. 

The deterioration in the Israeli stock market was mainly caused by the judicial reform plan initiated by Neyanyau's government, the newspaper explains. 

Read more: BDS calls out Israeli tech industry as 'threat to the world'

In the first half of 2023, the TA-35 and TA-90 stock indices fell by about 13%. However, the MSCI World Index jumped 12% during the same period, indicating probable signs of recovery in global markets.

Although investments continued to decline in the second quarter of 2023, the data in the IVC-LeumiTech report showed that the decreased rate of decline in investment versus the first quarter has paused at least for the time being.

“We continue to see a decrease in the annual level of funding rounds, both in terms of amounts and in the number of companies. At the same time, we see the first signs of stabilization in the capital-raising numbers thanks to follow-on investments, compared to stopping the initial investments,” LeumiTech CEO Timur Arbel-Sadaras says.

"It will be interesting to see how the coming months will pass, and how companies will adapt their financing rounds to the current economic climate, which will enable new deals and acquisitions in the technology sector," said Arbel-Sadras.

Read more: UAE inches closer to "Israel" with $100 million tech sector investment

  • technology
  • "Israel"
  • Israeli occupation
  • investment

Most Read

'Israel’s Digital Iron Dome: Weaponizing the web against Palestine

'Israel’s Digital Iron Dome: Weaponizing the web against Palestine

  • Technology
  • 24 Oct 2025
Arab League chief exposes secret US deal shielding 'Israel’s' nukes

Arab League chief exposes secret US deal shielding 'Israel’s' nukes

  • Politics
  • 27 Oct 2025
Abu Hamza, the spokesperson for the Al-Quds Brigades, during a speech televised on October 22, 2025 (Al-Quds Brigades Military Media)

Al-Quds Brigades' Abu Hamza mourns leaders, vows continued resistance

  • Politics
  • 22 Oct 2025
US missionary kidnapped in Niger capital, suspected taken toward Mali

US missionary kidnapped in Niger capital, suspected taken toward Mali

  • Africa
  • 23 Oct 2025

Coverage

All
War on Gaza

Read Next

All
Delta Air Lines flight lands at Harry Reid International Airport, Wednesday, April 9, 2025, in Las Vegas (AP)
Politics

Nearly 3,800 US flights disrupted amid ongoing government shutdown

FILE - The Amazon logo is pictured at the Amazon Robotic Sorting Fulfillment Center in Madison County, Miss., Aug. 11, 2022. (AP Photo/Rogelio V. Solis, File)
Economy

Amazon to cut 30,000 jobs in largest layoff in company history

Eurofighter Typhoon Spain's Air Force fighter jets fly above the military parade marking 'Día de la Hispanidad', or Hispanic Day, in Madrid, Spain, Sunday, Oct. 12, 2025. (AP)
Politics

UK sells 20 Eurofighter jets to Türkiye in £8bln defense agreement

Smoke billows after drone strikes by the paramilitary Rapid Support Forces (RSF) targeted the northern port in the Red Sea city of Port Sudan, Sudan, May 6, 2025 (AP)
Politics

RSF tighten El Fasher siege as Sudan risks fragmentation: Reuters

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS