Foreign investment in Israel surged in 2024, despite conflict

(JNS) — Preliminary numbers for the first half of 2024 show a 15 percent increase in foreign investment in Israel, according to the annual report of the Chief Economist’s Office of Israel’s Finance Ministry, published on Tuesday.

With the exception of a major investment by Intel, 2023 saw a 24 percent decline in foreign investment in Israeli hi-tech compared to the previous year, the report states, according to Israel’s Globes business daily.

Only 1,563 deals were concluded in 2023, compared to 2,502 in 2022—a drop of 62 percent. Key investments included Thales SA’s $3.6 billion Imperva merger...