Connect with us

Uncategorized

Despite War, Israel Sees Surge in Multibillion-Dollar Defense, Tech, Energy Deals in 2025

Flags flutter in front of a radom of the “Arrow Weapon System for Germany” pictured in Annaburg, Germany, Dec. 3, 2025. Photo: REUTERS/Axel Schmidt

Despite predictions that the Gaza war would isolate its economy, Israel in 2025 signed a series of multibillion-dollar defense, technology, and energy deals with Western and Arab powers, extending commercial ties even amid massive diplomatic pressure.

Israeli technology acquisitions and public listings totaled nearly $59 billion in 2025, a jump of roughly 340% from the previous year, according to a PwC Israel report released last week, driven by multibillion-dollar deals in cybersecurity, insurance, and fintech and a rebound in IPOs. Multibillion-dollar missile defense, artillery, and munitions contracts were signed with Germany, Greece, and Gulf partners. Israel also approved a natural gas deal worth tens of billions of dollars with Egypt, its largest energy export to date.

Venture capitalist and former Knesset member Erel Margalit said Israel’s innovation economy “proved its resilience” in 2025, “against war, geopolitical pressure, and repeated predictions of slowdown.”

Alphabet’s blockbuster $32 billion acquisition of Israeli cybersecurity firm Wiz was one of the largest cyber transactions on record and accounted for a significant share of Israel’s tech dealmaking in 2025. But even excluding the Wiz deal, Israeli tech exits more than doubled to around $32 billion, according to PwC Israel, including six additional buyouts valued at more than $1 billion and seven IPOs of Israeli-founded companies with a combined valuation of $14.6 billion, up from just $781 million a year earlier.

The momentum also extended to long-term foreign investment. US chip giant Nvidia announced last week that it will build a “multi-billion shekel” R&D campus in northern Israel, expected to become second in size only to the company’s Silicon Valley headquarters. The site, slated to break ground in 2027 near Kiryat Tivon, will employ more than 10,000 people. Founder and chief executive Jensen Huang has described Israel as Nvidia’s “second home,” saying the country is “home to some of the world’s most brilliant technologists.”

Nvidia also committed about $1.5 billion to build Israel’s largest data center in the Galilee, which will house a new supercomputer supporting its AI development. The announcement comes amid reports that Nvidia has agreed to acquire AI chip startup Groq for about $20 billion in cash, in its largest-ever deal. 

Referring to the Israeli R&D center, Huang said: “Our new campus will be a place where our teams can collaborate, invent, and build the future of AI.”

In defense, several large contracts were finalized in recent weeks. Germany last week approved a multibillion-dollar expansion of its purchase of Israel’s Arrow-3 missile defense system, increasing the total value of the agreement to about $6.5 billion, the largest defense export in Israel’s history. Greece last month approved the purchase of PULS launchers from Elbit Systems in a deal valued at about $755 million. In a separate, highly secretive deal, the defense giant last month signed its largest-ever contract, a $2.3 billion agreement to supply an advanced strategic system to a foreign customer widely reported to be the United Arab Emirates.

Energy was another area where Israel closed the year with a headline-making agreement. Israel last week approved a $35 billion natural gas export agreement with Egypt, the largest such deal in the country’s history. Under the agreement, partners in Israel’s Leviathan offshore project, led by Chevron, will supply Egypt with about 130 billion cubic meters of gas through 2040. Roughly half of the proceeds, estimated at 112 billion shekels, will flow to the Israeli state. Prime Minister Benjamin Netanyahu said the deal “greatly strengthens Israel’s position as a regional energy power” and would funnel tens of billions of shekels into the economy and public services.

Egyptian officials, whose government has acted as a mediator in the Israel-Hamas conflict, stressed that the agreement is a commercial transaction “with no political aspects.”

Margalit said the scale of dealmaking in 2025 reflected a return to fundamentals rather than speculative excess. “This was not a hype cycle,” he told The Algemeiner, “but a reaffirmation of Israel’s ability to build technology, particularly in advanced AI verticals, for the hardest and most regulated parts of the real economy: cybersecurity, fintech, insurance, defense, and energy.”

“In these fields, trust, precision, and accountability decide outcomes, and that is why global capital and strategic partners returned to Israel at scale,” he added.

Continue Reading

Uncategorized

JD Vance praises Tucker Carlson-Mike Huckabee interview as ‘a really good conversation’

(JTA) — Vice President JD Vance has weighed in on the Tucker Carlson-Mike Huckabee interview that has ignited widespread antisemitism allegations as well as a diplomatic row with Arab states, calling it “a really good conversation that’s going to be necessary for the right.”

Vance made the comments to the Washington Post, which published them Friday morning. He said he had not seen the entire interview, which was more than two hours long, but had viewed “clips here and there.”

Vance is a longtime ally of Carlson, a leading far-right figure who has stirred a rift among conservatives by platforming antisemites, at times promoting antisemitic conspiracy theories himself and increasingly campaigning against Israel. (Carlson says he is not antisemitic.)

Vance’s refusal to criticize Carlson or seek to end the rift has increasingly alarmed Jewish conservatives. To the Washington Post, he reiterated what he said before when asked about Carlson and the antisemitism rift — that he believes the Republican Party should be an open marketplace of ideas.

He said he was pleased that the right has stoked “a real exchange of ideas,” even when it includes “the people that I find annoying on our side,” whom he did not specify. That exchange, he said, was also essential for electoral success.

“If you think of the Trump coalition in 2024 — and the way that I put it is, you had Joe Rogan, Mark Levin, Sean Hannity, Tucker Carlson and JD Vance and a coalition of people — but to do that, you have to be willing to tolerate debate and disagreement,” Vance said. “And I just think that it’s a good thing.”

Vance is seen as likely to run for president in 2028.

The post JD Vance praises Tucker Carlson-Mike Huckabee interview as ‘a really good conversation’ appeared first on The Forward.

Continue Reading

Uncategorized

Amid Iran tensions, Huckabee tells US embassy staff in Israel they should leave ‘TODAY’ if they wish

(JTA) — Ambassador to Israel Mike Huckabee has told U.S. government employees and their families that they may leave the country and should do so expediently, amid mounting signs of a possible U.S. attack on Iran.

Huckabee emailed embassy staff on Friday morning saying that if they want to leave, they should do so “TODAY,” according to a letter first reported by The New York Times. He noted that commercial flights could become scarce and urged them to accept passage to any country before returning to Washington, D.C.

“There is no need to panic, but for those desiring to leave, it’s important to make plans to depart sooner rather than later,” he wrote.

The letter comes a day after U.S.-Iran talks in Geneva ended without public breakthroughs. Iranian officials, as well as the Omani mediators, said additional conversations were planned for next week; the United States did not comment. Steve Witkoff and Jared Kusher, two Jewish advisors to President Donald Trump who successfully brokered a ceasefire in the Israel-Hamas war last year, are leading the U.S. delegation.

Trump has been threatening to attack Iran for weeks over its nuclear program and has built up U.S. military forces in the Middle East to levels not seen in decades. In recent days, Secretary of State Marco Rubio and Vice President JD Vance have both said military intervention could be needed while saying the president continued to prefer diplomacy.

Vance’s comments were particularly notable because he typically opposes U.S. intervention overseas. He told the Washington Post in comments published Friday morning that there was “no chance” that the United States would get involved in an extended Middle East campaign.

Iran has said it would consider Israel a valid target in the event of a U.S. attack. Last year, Iranian missiles killed more than two dozen people in Israel during a 12-day war initiated by Israeli strikes on Iran’s military program. Now, Israelis have been living in limbo for weeks while waiting to learn whether a new war, expected to be more destructive, will begin.

In the past, when expecting Iranian retaliation, the embassy has warned staff against leaving population centers in Israel. Now, the Department of State has updated its Jerusalem embassy website to reflect “the authorized departure of non-emergency U.S. government personnel and family members of U.S. government personnel to leave Israel,” setting a status that means flights will be paid for by the U.S. government.

While El Al, Israel’s national carrier, does not fly during Shabbat, other airlines typically do run some flights to and from Ben Gurion Airport on Friday nights and Saturdays. Many of those are budget European airlines that have only recently resumed flying to Israel after last year’s Iran war; some airlines, including KLM, have already suspended Israel flights in anticipation of another conflict.

The post Amid Iran tensions, Huckabee tells US embassy staff in Israel they should leave ‘TODAY’ if they wish appeared first on The Forward.

Continue Reading

Uncategorized

Pro-Palestinian activist Nerdeen Kiswani sues Betar USA, alleging far-right Zionist group violated her civil rights

(JTA) — The founder of radical pro-Palestinian group Within Our Lifetime has sued the right-wing militant Zionist group Betar USA, alleging that it violated her civil rights by putting out social media “bounties” on her and harassing her with beepers.

Nerdeen Kiswani announced she had filed the lawsuit Wednesday evening, She accused the revamped historic Revisionist Zionist group of violating the Ku Klux Klan Act of 1871, which makes conspiring against an ethnic minority a federal crime.

The lawsuit comes more than a month after Betar USA agreed to cease its operations in New York following a settlement with the state’s attorney general — which Kiswani’s lawsuit notes. The office of AG Letitia James found that Betar USA had engaged in a “campaign of violence, harassment, and intimidation against Arab, Muslim, and Jewish New Yorkers.”

“For years, Betar USA stalked & harassed me even offering $1,800 for someone to hand me a beeper while I was pregnant,” Kiswani wrote on X. “Last month, the NY AG found they engaged in bias-motivated harassment and threats. Still they faced no real consequences. So I’m filing a lawsuit.” She included a crowdfunding link for the suit, which has raised $4,000 in the first 16 hours.

In a statement, Betar USA called Kiswani a “terror supporter” and called the suit “an attack on Zionism itself” that “represents a serious danger to American and diaspora Jewry.” In a follow-up post on X, the group also said it welcomed a deposition against Kiswani and Within Our Lifetime, adding, “Let’s see where the money is coming from and how much you’ve cost NYC.”

Kiswani, an ethnic Palestinian born in Jordan who came to the United States as a refugee at 1 year old, has sparked outrage and accusations of antisemitism in New York and beyond with her pro-Palestinian activism and aggressive attitude toward Zionists.

“We don’t want zionists in Palestine, NYC, our schools, on the train, ANYWHERE,” she tweeted after a man was arrested for allegedly calling to eject Zionists from a subway car.

Within Our Lifetime originated as a branch of Students for Justice in Palestine before splintering off from the national group, accusing SJP of being insufficiently radical. Since then, Kiswani’s group has protested at exhibits honoring the victims of the Oct. 7, 2023, attacks; university Hillels; synagogues holding Israel real-estate events; and gatherings where speakers have praised Hamas and/or where Jews have been assaulted.

Kiswani’s prominence and activities within the pro-Palestinian movement have led to clashes with many ardent pro-Israel activists. In recent weeks a tweet of hers also prompted far-right Jewish pro-Israel Rep. Randy Fine, of Florida, to make disparaging remarks about Muslims that have led to rising Democratic calls for his censure.

But it’s Betar USA, whose members engage in similarly radical activity on the pro-Israel side, that is now facing a direct lawsuit from Kiswani. Her attorneys said Betar and its leadership, including founder Ronn Torossian and former executive director Ross Glick, had “conspired” against her “by subjecting her to a coordinated and sustained campaign of racial violence, and interference with her rights to use public accommodations to intrastate travel.”

Kiswani’s suit hones in on several of Betar USA’s common rhetoric, including the group’s use of beepers as a meme, a reference to Israel’s 2024 pager operation against Hezbollah militants in Lebanon. The suit also says Betar members “privately and publicly agreed to track Ms. Kiswani’s whereabouts, follow her, and threaten, intimidate, and attempt to assault her.”

In tweets directed at Kiswani that are still visible, Betar USA threatened to “denaturalize” the activist (after she criticized New York City Mayor Zohran Mamdani’s condemnation of pro-Hamas chants at protests) and wrote, “We will send many more of you to meet Allah” (in reference to Kiswani calling for “the abolition of Israel by any means necessary”).

Responding to the lawsuit, Betar USA spokesperson Jonathan Levy called the group “a mainstream Zionist movement that has played a central role in Jewish and Israeli history.” Betar traces its lineage back to Ze’ev Jabotinsky, the pre-state Revisionist Zionist revolutionary, and has insisted its actions are in line with mainstream Zionist and Israeli viewpoints.

Levy added, “Calling Betar a terror group akin to the KKK is the same accusations we’ve heard calling the IDF a criminal army and labeling Zionism as genocide.”

Glick did not mention the suit when speaking to a Jewish Telegraphic Agency reporter at a different New York protest Wednesday evening before Kiswani’s lawsuit went public. He disparaged the AG’s settlement as “a lot of lies,” adding, “My position and Betar’s position is, look, we were reborn for self-defensive reasons, we weren’t on the offense.”

The Ku Klux Klan Act of 1871 was also successfully used, by a group of progressive Jewish attorneys, to prosecute the neo-Nazi marchers in Charlottesville, Virginia, in 2017. That case’s legal victory earned broad praise for finding a creative way to hold hateful actions to account without violating First Amendment rights.

Joseph Strauss contributed reporting.

The post Pro-Palestinian activist Nerdeen Kiswani sues Betar USA, alleging far-right Zionist group violated her civil rights appeared first on The Forward.

Continue Reading

Copyright © 2017 - 2023 Jewish Post & News