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1. SHEKEL TRADING A strong currency usually goes hand in hand with a prosperous economy, and as a result, the shekel is very active on the foreign exchange (FX) market, [...]

The article reports on the distributed denial of service attacks against Liberia by computer hacker Daniel Kaye. It mentions the attack on the servers of telecommunications company LoneStar Cell which disrupted internet services, how the attack spread to German and British services, and the implication of Daniel Kaye as the perpetrator.

The article reports on the difficulties of obtaining cement in the Gaza Strip. It mentions the question of laws regarding the sale and shipment of building supplies to Gaza, the efforts to prevent the terrorist group Hamas from building tunnels into Israel, and the monopoly of Israeli cement companies.

The article reports on the inability of Israeli politicians Benjamin Netanyahu and Benny Gantz to form a government. It mentions the impact on international relations and domestic issues, the criminal charges facing Netanyahu, and the question of whether a third round of elections to determine the prime minister will be held by the end of the year.

Teva's legal problems -- possible settlements for the company's role in the U.S. opioid epidemic and an alleged generic drug price-fixing ring -- have frustrated Schultz's efforts to turn around the debt-saddled company. Chief Executive Officer Kare Schultz said in February that Teva was in discussions with top-tier shot makers about helping with production and distribution. [Extracted from the article]

(Bloomberg) -- Deutsche Bank AG is planning to expand in Israel as a surge in technology investment helps drive the economy's rebound from the pandemic. Deutsche Bank's activity in Israel had declined in parallel with the management reshuffling that roiled the bank in previous years before the arrival of current chief executive officer Christian Sewing. [Extracted from the article]

Deutsche Bank's activity in Israel had declined in parallel with the management reshuffling that roiled the bank in previous years before the arrival of current chief executive officer Christian Sewing. (Bloomberg) -- Deutsche Bank AG is planning to expand in Israel as a surge in technology investment helps drive the economy's rebound from the pandemic. [Extracted from the article]

It would be "foolish" to think that the downturn in public markets will be capped at a few months given the current economic environment and the historically long bull run that came beforehand, said Leone. (Bloomberg) -- The ongoing tech downturn has caused late-stage venture capital funds to pull back activity as risks to the economy mount, according to a senior executive at Sequoia Capital. [Extracted from the article]

It would be "foolish" to think that the downturn in public markets will be capped at a few months given the current economic environment and the historically long bull run that came beforehand, said Leone. (Bloomberg) -- The ongoing tech downturn has shifted investor sentiment from greed to fear, with late-stage venture capital funds pulling back activity as risks to the economy mount, according to a senior executive at Sequoia Capital. [Extracted from the article]

OurCrowd was the first Israeli venture capital firm to secure a license in the UAE capital of Abu Dhabi. (Bloomberg) -- Israeli investors and entrepreneurs have been disappointed by the slow pace of deal-making with the United Arab Emirates since the countries normalized ties nearly two years ago, according to an executive at a venture capital firm. [Extracted from the article]

Founded in 2016, MDClone has partnerships with the U.S. Department of Veterans Affairs, National Institutes of Health and Israel's biggest hospitals and health-care providers. (Bloomberg) -- MDClone, a synthetic medical data startup, raised $63 million from investors led by Warburg Pincus and Viola Growth to fund global expansion. [Extracted from the article]

It used data from NSO and was aided by experts from the Mossad, Israel's spy agency, and the Shin Bet, it's internal security service, according to a Justice Ministry statement. (Bloomberg) -- Israel said it found no evidence that police illicitly targeted civilians with spyware developed by NSO Group, contradicting a series of local reports that alleged widespread abuse of the notorious Pegasus tool including against prominent officials and business leaders. [Extracted from the article]

Spyware Firm NSO Discussing Sale to U.S. Fund Integrity NSO is privately owned and operated, but the licensing of its software to foreign governments has to be approved by Israel's Defense Ministry. (Bloomberg) -- Israel will investigate allegations that police illicitly used homegrown spyware that's gained notoriety abroad against its own citizens. [Extracted from the article]

(Bloomberg) -- Israel and Bahrain signed a defense cooperation agreement, expanding formal ties established in 2020 between the two countries. The memorandum of understanding "will support any future cooperation" in areas such as intelligence and "industrial collaboration", according to a statement from Israel's Defense Ministry on Thursday. [Extracted from the article]

Rapyd wants the U.S. to account for 20% of its revenue to address the risk that investors will have a home bias when looking to participate in the company's eventual share sale, Shtilman said. (Bloomberg) -- Israel's most valuable private technology company is in talks to buy a U.S.-based business to establish a foothold in the world's biggest economy ahead of an initial public offering. [Extracted from the article]

Keywords: 18308Z; 776341Z; 809339Z; 9984@JP; BX; AI; ALLTOP; ASIA; BNK; BUSINESS; CHINA; COS; FIN; FRX; GEN; GOV; INDUSTRIES; ISRAEL; JAPAN; MARKETS; MIDEAST; NORTHAM; POL; STK; TEC; TECSVC; US; WORLD; WWTOP EN 18308Z 776341Z 809339Z 9984@JP BX AI ALLTOP ASIA BNK BUSINESS CHINA COS FIN FRX GEN GOV INDUSTRIES ISRAEL JAPAN MARKETS MIDEAST NORTHAM POL STK TEC TECSVC US WORLD WWTOP The big money has arrived for what could be the next generation of Israel's vaunted technology sector. "A lot" of startups are being funded at valuations "fifty, one hundred, even two hundred times annual recurring revenue -- something very few companies get in public markets", said Horesh. Tiger Global Management and Insight Partners, which have already bankrolled Israel's largest privately-held firms, are increasingly betting on younger and less proven companies as a way to corner the market of upcoming winners and potentially reap greater returns. [Extracted from the article]

"A lot" of startups are being funded at valuations "fifty, one hundred, even two hundred times annual recurring revenue -- something very few companies get in public markets", said Horesh. Keywords: 18308Z; 776341Z; 809339Z; 9984@JP; BX; AI; ALLTOP; ASIA; ASIATOP; BNK; BUSINESS; CHINA; COS; FIN; FRX; GEN; GOV; INDUSTRIES; ISRAEL; JAPAN; MARKETS; MIDEAST; NORTHAM; POL; STK; TEC; TECHTOP; TECSVC; TMT; TOP; US; WORLD; WWTOP; WWTOPAM EN 18308Z 776341Z 809339Z 9984@JP BX AI ALLTOP ASIA ASIATOP BNK BUSINESS CHINA COS FIN FRX GEN GOV INDUSTRIES ISRAEL JAPAN MARKETS MIDEAST NORTHAM POL STK TEC TECHTOP TECSVC TMT TOP US WORLD WWTOP WWTOPAM The big money has arrived for what could be the next generation of Israel's vaunted technology sector. Tiger Global Management and Insight Partners, which have already bankrolled Israel's largest privately-held firms, are increasingly betting on younger and less proven companies as a way to corner the market of upcoming winners and potentially reap greater returns. [Extracted from the article]

Entrée attracted $300 million in capital across two funds and will channel it primarily into startups in areas like financial technology, digital infrastructure, and cryptocurrencies and blockchain, according to a company statement on Tuesday. (Bloomberg) -- Venture capital firm Entrée Capital reached $1 billion in assets after raising fresh funds to bankroll Israeli technology companies, following one of the busiest years of investing in the country's booming industry. Portfolio companies like Monday.com Ltd. and Riskified Ltd. were among a slew of Israeli startups that held initial public offerings last year, part of a wave of exits that surpassed more than $80 billion. [Extracted from the article]

"That suggests a much higher level of protection than without the shot, with regard to both infection and severe illness", Prime Minister Naftali Bennett said Tuesday in a visit to Sheba Medical Center, which is conducting the trial. (Bloomberg) -- People who received a fourth dose of the coronavirus vaccine saw a fivefold increase in antibodies one week after the injection, according to preliminary trial data from Israel. [Extracted from the article]

As well as Rapyd's base for expansion in the Middle East and North Africa, the Dubai office will also house engineers to help build the company's offerings, Shtilman said. (Bloomberg) -- One of Israel's fastest-growing technology firms is opening a Dubai office to lure international talent as a way around the chronic labor shortage plaguing the industry at home. [Extracted from the article]

Keywords: 1084140DBZ; 700@HK; 8473@JP; BAER@SW; BGL@AU; INTC; LUMI@IT; MBBYF; POLI@IT; ROTH@FP; SOFI; TCS@LI; AI; ALLTOP; ASIA; ASIATOP; BNK; BRAZIL; BUSINESS; CHINA; CONS; CONSS; COS; EUROPE; EURTOP; FIN; FRA; GOV; HK; INDUSTRIES; INTERNET; ISRAEL; JAPAN; LATAM; LIFESTYLE; MARKETS; MIDEAST; NORTHAM; RUSSIA; STK; TEC; TECSVC; TMT; TOP; US; WEALTH; WORLD; WWTOP; WWTOPAM; WWTOPEU EN 1084140DBZ 700@HK 8473@JP BAER@SW BGL@AU INTC LUMI@IT MBBYF POLI@IT ROTH@FP SOFI TCS@LI AI ALLTOP ASIA ASIATOP BNK BRAZIL BUSINESS CHINA CONS CONSS COS EUROPE EURTOP FIN FRA GOV HK INDUSTRIES INTERNET ISRAEL JAPAN LATAM LIFESTYLE MARKETS MIDEAST NORTHAM RUSSIA STK TEC TECSVC TMT TOP US WEALTH WORLD WWTOP WWTOPAM WWTOPEU (Bloomberg) -- Israel's first new bank in more than four decades has won the backing of investors including Julius Baer Group Ltd. and China's Tencent Holdings Ltd. as it mounts a challenge to take business from the country's biggest lenders. 1084140DBZ, 700@HK, 8473@JP, BGL@AU, POLI@IT, ROTH@FP, TCS@LI, AI, ALLTOP, ASIA, ASIATOP, BNK, BRAZIL, BAER@SW, INTC, LUMI@IT, MBBYF, SOFI, BUSINESS, CHINA, CONS, CONSS, COS, EUROPE, EURTOP, FIN, FRA, GOV, HK, INDUSTRIES, INTERNET, JAPAN, LIFESTYLE, ISRAEL, LATAM, MARKETS, MIDEAST, NORTHAM, STK, TEC, TECSVC, TMT, TOP, US, WORLD, WWTOP, WWTOPAM, WWTOPEU, RUSSIA, WEALTH The upstart is looking to dent the dominance of the five main domestic banking groups in Israel's highly concentrated finance industry, led by Bank Hapoalim and Bank Leumi le-Israel Ltd. [Extracted from the article]

Keywords: 0633527D; 1179L; 1339813DIT; MC; ALLTOP; BON; BUSINESS; COS; GEN; GENTOP; GLOBALMACR; GOV; INDUSTRIES; INTERNET; ISRAEL; MARKETS; MIDEAST; NORTHAM; TEC; TERROR; TOP; US; WORLD; WWTOP; WWTOPAM; WWTOPAS; WWTOPEU EN 0633527D 1179L 1339813DIT MC ALLTOP BON BUSINESS COS GEN GENTOP GLOBALMACR GOV INDUSTRIES INTERNET ISRAEL MARKETS MIDEAST NORTHAM TEC TERROR TOP US WORLD WWTOP WWTOPAM WWTOPAS WWTOPEU (Bloomberg) -- NSO Group Ltd., the scandal-plagued spyware company that's in danger of defaulting on its debts, is exploring options that include shutting its controversial Pegasus unit and selling the entire company, according to people familiar with the matter. A shutdown of Pegasus could leave NSO as a much smaller and potentially less valuable company, because the unit accounts for about half of NSO's revenue. [Extracted from the article]

As well as Rapyd's base for expansion in the Middle East and North Africa, the Dubai office will also house engineers to help build the company's offerings, Shtilman said. Keywords: 1864788DIT; ALLTOP; BNK; BUSINESS; CMD; COS; EUROPE; FIN; FRX; GEN; GENTOP; GER; GOV; INDUSTRIES; ISRAEL; MARKETS; MED; MIDEAST; NORTHAM; NRG; OIL; POL; SAUDI; SOF; TEC; TECHTOP; TECSVC; TLS; TMT; US; WORLD; WWTOP; WWTOPEU EN 1864788DIT ALLTOP BNK BUSINESS CMD COS EUROPE FIN FRX GEN GENTOP GER GOV INDUSTRIES ISRAEL MARKETS MED MIDEAST NORTHAM NRG OIL POL SAUDI SOF TEC TECHTOP TECSVC TLS TMT US WORLD WWTOP WWTOPEU (Bloomberg) -- One of Israel's fastest growing technology firms is opening a Dubai office to lure international talent as a way around the chronic labor shortage plaguing the industry at home. [Extracted from the article]

A shutdown of Pegasus could leave NSO as a much smaller and potentially less valuable company, because the unit accounts for about half of NSO's revenue. (Bloomberg) -- NSO Group Ltd., the scandal-plagued spyware company that's in danger of defaulting on its debts, is exploring options that include shutting its controversial Pegasus unit and selling the entire company, according to people familiar with the matter. [Extracted from the article]

(Bloomberg) -- Israeli startups have raised $25.4 billion this year, trouncing the previous annual record amid a surge in global technology investment. The number of company funding rounds larger than $100 million this year more than tripled to 74, according to a report by Start-Up Nation Central, a non-profit that promotes Israel's technology industry. [Extracted from the article]

Bennett has echoed a tough line against any concessions to Iran shared by his predecessor, Benjamin Netanyahu, who lobbied President Donald Trump to abandon the nuclear deal. (Bloomberg) -- Israeli Prime Minister Naftali Bennett is headed to Abu Dhabi on a historic visit, with talks on Iran's nuclear program and its impact on the Middle East expected to top the agenda. [Extracted from the article]

Steinmetz's lawyer at the time of his conviction said he'd appeal the verdict because his client never took part in a bribery pact and the court didn't properly consider the "fragility" of the testimony against him. (Bloomberg) -- Beny Steinmetz, the Israeli billionaire convicted of bribery weeks apart in Romania and Switzerland, is stuck in Greece after being arrested by local police over two weeks ago when the private jet he was on landed at Athens airport. [Extracted from the article]

(Bloomberg) -- Tipalti Solutions Inc., whose platform automates payments to suppliers and vendors, raised $270 million to build out its products and fund global expansion. Read more: Fintech Firm Tipalti Nets $2 Billion Valuation in Funding Round Founded in 2010, Tipalti has raised more than $550 million and serves more than 2,000 customers. [Extracted from the article]

The Tel Aviv-based firm will record a net loss of $45 million from the sale after costs, according to a company filing to the Tel Aviv Stock Exchange on Sunday. Property and Building Corp. agreed to sell the HSBC Tower building in New York City for $855 million to an unidentified third party. [Extracted from the article]

(Bloomberg) -- The Bank of Israel sees no reason to announce another major foreign-currency intervention plan to weaken the shekel given the economy's swift rebound from the pandemic and a relatively low level of new Covid infections. "The appreciation of the shekel reflects the strong economy", Yaron said. [Extracted from the article]

(Bloomberg) -- The Bank of Israel sees no reason to announce another major foreign-currency intervention plan to weaken the shekel given the economy's swift rebound from the pandemic and a relatively low level of new Covid infections. The central bank exhausted a $30 billion plan to lower the shekel last month. [Extracted from the article]

(Bloomberg) -- The Bank of Israel sees no reason to announce another major foreign-currency intervention plan to weaken the shekel given the economy's swift rebound from the pandemic and a relatively low level of new Covid infections. The central bank exhausted a $30 billion plan to lower the shekel last month. [Extracted from the article]

Read more: FTX, Copper tie-up to give funds easier access to crypto Facilitating crypto trades for very large money managers has driven the market in recent years. (Bloomberg) -- Copper.co, which helps financial institutions trade cryptocurrencies, is in talks with investors to raise funds that would value it at around $3 billion, according to people familiar with the matter. [Extracted from the article]

Read more: FTX, Copper tie-up to give funds easier access to crypto Facilitating crypto trades for very large money managers has driven the market in recent years. (Bloomberg) -- Copper.co, which helps financial institutions trade cryptocurrencies, is in talks with investors to raise funds that would value it at around $3 billion, according to people familiar with the matter. [Extracted from the article]

(Bloomberg) -- Israel is in talks to build solar energy plants in neighboring countries as part of its plans to cut carbon emissions and bolster its green technology sector. Read more: UAE's Masdar Plans to Participate in Israeli Solar Bid Rounds Israel announced last month plans to reduce carbon emissions to net zero by 2050 and Prime Minister Naftali Bennett has promised to roll out green infrastructure and develop carbon capture and storage technology to help meet those goals. [Extracted from the article]

(Bloomberg) -- Israel should cancel the oil pipeline deal with a group of United Arab Emirates investors out of environmental concerns, the country's minister of energy said, casting doubt over a politically-sensitive agreement that tests new diplomatic relations. Read more: Israel Ministry To Prioritize Environment in UAE Oil Deal Mounting political pressure from members of Israel's government is threatening to derail the deal, one of the important outcomes of the Abraham Accords signed by Israel and the UAE last year. [Extracted from the article]

Keywords: ALLTOP; BUSINESS; GOV; ISRAEL; MIDEAST; WORLD EN ALLTOP BUSINESS GOV ISRAEL MIDEAST WORLD Israel's parliament narrowly approved the country's first spending plan in three years, handing a key political victory to Prime Minister Naftali Bennett's government as it seeks to solidify an economic rebound. Read more: Israel's New Government Faces Do-or-Die Challenge in Budget Bennett celebrated the budget's approval by calling it "a holiday for the State of Israel.". [Extracted from the article]

"In my 25 years of venture capital investing, I've neverseen as much momentum and budget growth for cybersecurityspending at large enterprise, mid-market and even smallercompanies globally", said Glenn Solomon, managing partnerat GGV Capital, which has invested in competitors such asthe Israeli firm Orca. The firm sits on a cash pile of $4 billion, and-- despite Shwed's general caution over acquisitions -- justspent $270 million to buy Avanan, an Israeli cloud emailsecurity startup. (Bloomberg) -- A cybersecurity veteran whose company sitson a $4 billion cash pile says he won't rush to acquirenew startups, citing concerns of a bubble even asanalysts warn that his firm faces an uncertain future. [Extracted from the article]

A Credit Suisse spokesman confirmed that Ben-Haim left the bank alongside Hila Goldenberg, the chief executive of Credit Suisse in Israel in mid-September. (Bloomberg) -- UBS Group AG hired at least a half dozen private bankers from rival Credit Suisse Group AG to boost its relationships with wealthy Israelis, people familiar with the matter said. [Extracted from the article]

(Bloomberg) -- Cloud security startup Wiz more than tripled its valuation to $6 billion in its latest funding round, Chief Executive Officer Assaf Rappaport said in an interview. The Tel Aviv-based company raised $250 million from investors such as Insight Partners and Greenoaks Capital, Rappaport said. [Extracted from the article]