While Israel has been involved over much of 2014 in a military cam- paign against Hamas in Gaza, the 12 months of relative peace before the conflict saw an extremely active business environment in Israel. Now that hostilities
seem to be waning, Israeli lawyers expected that things
will pick up again, primarily on account of the end of
the military campaign but also because of other factors
in the Israeli economy.
Israel’s high-tech economy is booming and $930
million was raised by Israeli technology companies in
second quarter of 2014, the largest single quarterly raise
since 2000. In the first half of 2014, 335 Israeli start up
companies raised $1.6 billion which is an 81% increase
from the same period in 2013.
“What is interesting about this increase in investment
is that a large percentage of such investment is attributed
to foreign investment while investment in Israeli technology by Israeli venture capital funds is on the decline,”
By Howard J. Stock
Back to Business
After armed conflict derailed Israel’s growth this summer,
its economy has quickly bounced back.