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Israeli Real Estate Market Sees Price Drops, AI Security Startups Draw Investment

By גיא צוקרOngoing story · 11 updates
Translated & summarized from TheMarker by baba
The story · English

The Israeli real estate market is experiencing a downturn, with apartment prices falling. The article poses the question of whether it is currently more difficult to sell property in Tel Aviv or Jerusalem. In a separate development, the Attorney General has stated that individuals evading military service will be ineligible for future discounted housing lotteries. This policy aims to address issues of draft evasion impacting housing accessibility.

Meanwhile, the Israeli tech sector continues to attract significant attention and investment. Twenty Israeli startups are competing for a share of $750 million in funding, focusing on the critical area of securing artificial intelligence agents. This intense competition highlights the growing importance of AI security within the global technology landscape.

Further economic news includes a significant surge in the stock price of Aberbach, which rose by 54% following a purchase offer from Kadima Fund. Additionally, the article touches upon various investment topics, including guides for Israeli investors on the S&P 500 index and bank stock ETFs, as well as an overview of the Polish stock market's potential appeal. It also mentions a deal involving Liran Weizman set to receive tens of millions of euros in cash from an Indian investor.

Read the original at TheMarker
Full coverage · 2 outlets
First: i24NEWS · Sep 14

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