Economy, Tech

Israeli hi-tech rebounding from the war

Hi tech service exports, excluding startups, increased by 2.3% this past April, according to the Israeli Central Bureau of Statistics.

Hi-tech. Illustration. (Photo: LookerStudio/Shutterstock)

Israeli hi-tech export services, not including start-ups, increased by 2.3% this past April, pointing to the possible start of a recovery for an industry reeling since the war began, according to the Israel Central Bureau of Statistics.

Globes also reports at least a slight increase in investment in Israeli hi-tech companies in recent months, though whether this is a lasting change or an "optical illusion" remains to be seen.

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