Freightos, an Israeli company that set up the world’s first marketplace for international shipping, announced on Wednesday the completion of a $25 million Series B extension round, led by GE Ventures, with participation by additional investors. The funds will be used to scale the Freightos Marketplace globally while continuing development...

Washington’s ambassador to the United Nations on Wednesday slammed efforts to boycott Israel, saying that they bear “no connection to any reasonable definition of justice.” Nikki Haley condemned the anti-Israel Boycott, Divestment and Sanctions (BDS) campaign at a UN event called Ambassadors Against BDS, which was organized by the Israeli mission to the...

Two bipartisan bills introduced in Congress last week aim to remedy the United States’ failure to deter Iran’s aggression since the 2015 nuclear deal, Tzvi Kahn, a senior Iran analyst for the Foundation for Defense of Democracies, wrote Wednesday in a policy brief. The Senate bill, introduced by Foreign Relations...

Israel’s gross domestic product “grew strongly” at a rate of 4 percent in 2016, which was “higher than growth in most advanced economies,” the Bank of Israel said in its annual report on Wednesday. Israel’s labor market is “robust,” with an economy near full employment and an increase in real...

Israel and Nicaragua restored diplomatic ties on Wednesday, seven years after Nicaragua severed relations following the Mavi Marmara incident in 2010. News of the reconciliation followed an announcement by Israeli Prime Minister Benjamin Netanyahu on Tuesday night that the Jewish state would be reestablishing ties with an unnamed nation within a week, The Jerusalem...

The United Kingdom’s international trade minister is in Israel for the first meeting of the new UK-Israel Trade Working Group, on the same day Britain chose to notify the European Union of its intention to leave. Lord Price will meet Israeli Minister of Economy and Industry Eli Cohen on Wednesday,...

At the Israel Innovation Showcase at the annual AIPAC Policy Conference in Washington, DC earlier this week, more than 18,000 Israel advocates learned about a technology to extract water from air; an Arab-Israeli business accelerator; a touch-free smartphone; a user-friendly security system for public venues; and a dance program breaching...

The Texas Senate overwhelmingly passed a bill on Wednesday barring the state from contracting with businesses that boycott Israel, placing increased pressure on a Dallas-based banking giant to cut ties with an activist group that targets Israel for economic warfare, Benjamin Weinthal reported in The Jerusalem Post. The International Association of Democratic Lawyers (IADL),...

The Israeli navy will add an extra Iron Dome battery to each of its four new surface ships in order to guard its natural gas fields from Hezbollah, Defense News reported Tuesday. A senior naval officer explained that due to Hezbollah’s growing arsenal of 122mm Grad-type rockets and longer-range weapons systems, Israel will...

Iran on Sunday sanctioned 15 American companies over their alleged ties to the “Zionist regime” and support for terrorism, the Associated Press reported. The sanctions prohibit the targeted businesses from engaging with Iranian firms and subject their assets to possible seizure. The measure is considered to be “symbolic,” the AP noted,...