Israel’s hi-tech sector faces significant challenges due to the ongoing war, with declining investments and operational difficulties. Shlomo Landress, Head of Technology at Gornitzky, explained, “The war has had a major impact on foreign investments, with concerns about security and economic instability, leading to a decline in funding and startup closures.” Despite the difficulties, experts are hopeful about the industry’s long-term resilience. They urge the government to act swiftly to restore investor confidence and support the sector’s recovery.
December 09, 2024