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Tech Israel
Daily Updates from Silicon Wadi for
Tuesday, April 1, 2025
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Israel nixes all US import tariffs, day before Trump set to levy duties on trade allies
By
Sharon Wrobel
Smotrich signs directive to immediately scrap remaining tariffs on US goods, mainly in agriculture, with US president about to hit trade partners with tit-for-tat duties
Israel’s Heven Drones says its hydrogen-fueled flying robots are a military game-changer
By
Sharon Wrobel
Partnering with a US manufacturer to eliminate reliance on Chinese exports, the Israeli startup says its models set new standards for heavy lifting and prolonged airtime
Israeli-founded eToro files for Nasdaq IPO as trading boom fuels commissions
By
Reuters
and
ToI Staff
The online trading platform, which lets retail users buy and sell stocks, commodities, cryptoassets, currencies, indices and other funds, was last valued at $3.5 billion
Judicial jitters and war angst prompt Israelis to shift funds overseas
By
Sharon Wrobel
Israel fintech firm GMT reports 50% surge in the number of Israelis wanting to move money out of the country and into foreign banks for investments into global markets or property
Fitch keeps Israel’s A credit rating, but warns renewed Gaza war may go on for months
By
Sharon Wrobel
Agency says credit outlook remains negative, meaning further rating cut is possible, citing ‘uncertain prospects’ for the fighting and fractious domestic politics, but also notes war gains
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