AGP Executive Report
Last update: 2 hours agoDefense Industry: President Donald Trump says the US will end about $4 billion in annual aid to Israel by year-end but continue arms sales, putting future defense funding and Israeli-US industry ties in focus. The move’s timing and details remain unclear, as the current aid agreement runs through 2028. Energy: Enlight Renewable Energy reported record third-quarter revenue and raised its guidance again, while Eco Wave Power is advancing an AI-based digital model for wave-energy systems. Technology: Israel and Kazakhstan signed a space research and satellite cooperation agreement; separately, Kaltura was selected to provide personalized AI learning tools for Israel’s K–12 schools. Construction and Logistics: Israel is seeking 20,000 more foreign workers as building delays mount. Israel Post is also preparing for a projected 40% jump in November orders. Healthcare: Teva’s third-quarter profit beat estimates, while NICE plans to cut 500 jobs worldwide, about 5% of its workforce.
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