Wire

Sign in to baba News

One account across the web, iPhone and Android — your subscription follows it.

or use an email code

Search stories

Type at least two characters. Results come from every newsroom baba reads.

↑↓ to move · ↵ to open · esc to close

Sign in to baba News

Sign in to keep asking. News Plus removes the daily limit.

or use an email code

CalcalistPolitics

Eisenkot Secures Millions in Guarantees for Election Campaign

Translated & summarized from Calcalist by baba

BusinessNeutral tone

Hebrew · Sole source

Gadi Eisenkot's Yisrael Beiteinu party has raised an additional 5.3 million shekels in guarantees this past week, bringing its total campaign funding from guarantees and donations to approximately 35.3 million shekels. Key new guarantors include Orit Alster, Adam Fisher, Roi Ben Yemi, and Gideon Yaniv, each providing one million shekels. If the party wins 21 seats as polls suggest, it would receive about 29 million shekels in state funding, with remaining costs potentially covered by a Knesset loan. Meanwhile, the joint list of the Reservists and Economic parties has raised 3.256 million shekels.

The story in 6 lines · by baba

  • Gadi Eisenkot's party raised an additional 5.3 million shekels in guarantees this week.
  • Total campaign funding for Eisenkot's party now stands at approximately 35.3 million shekels.
  • Four individuals provided one million shekel guarantees each, including Orit Alster and Adam Fisher.
  • Marius Nacht, co-founder of Check Point, provided a 500,000 shekel guarantee.
  • The Reservists and Economic parties' joint list has raised over 3.25 million shekels.
  • Eisenkot's party could receive 29 million shekels in state funding if it wins 21 Knesset seats.

Gadi Eisenkot, chairman of the Yisrael Beiteinu party, has raised an additional 5.3 million shekels in guarantees over the past week, bringing his total to 33 million shekels from 49 guarantees. Combined with 2.3 million shekels in donations from 373 contributors, Eisenkot's campaign funding now stands at approximately 35.3 million shekels.

Among the new guarantors are four individuals who each provided a 1 million shekel guarantee: Orit Alster, partner of Gil Agmon, controller of Dalia Motors; Adam Fisher, senior partner at Bessemer Venture Partners; Roi Ben Yemi, businessman and former fighter pilot, co-founder of LR Group with Ami Lustig and Eitan Stiba; and Gideon Yaniv. Israel Roizman provided a 600,000 shekel guarantee, while Marius Nacht, co-founder of Check Point, contributed a 500,000 shekel guarantee, having also provided guarantees earlier in the year.

Notable donors to Eisenkot's campaign include Ilan Yeshua (5,000 shekels), former Knesset Member Eitan Cabel (1,000 shekels), former Minister of Agriculture Shalom Simhon (5,000 shekels), and real estate entrepreneur Amir Biram (1,500 shekels).

If pre-election polls are accurate and Eisenkot's party secures around 21 Knesset seats, it would be eligible for approximately 29 million shekels in election funding. The remaining expenses could be covered by a loan from the Knesset, to be repaid from ongoing party funding at a rate of about 100,000 shekels per month per MK throughout their term.

In parallel, the Reservists party, led by Yoaz Hendel, has raised 3 million shekels from 12 guarantees and 256,000 shekels from 47 donations. The Economic party, led by Yaron Zelekha, has secured 3.2 million shekels from eight guarantees and 398,000 shekels from 121 donations, with Zelekha personally guaranteeing 1.6 million shekels for his party. The Reservists and Economic parties are running on a joint list for the 26th Knesset elections and are currently projected to pass the electoral threshold.

CalcalistOther · Tel Aviv

Sign in to baba News

Sign in to follow newsrooms, topics and people.

or use an email code

Sign in to baba News

Sign in to follow newsrooms, topics and people.

or use an email code

Mentioned

Open the Wire