E-LETTER (31.1.2023) on Business&more from Israel&Abraham Accords by 'VonNaftali' /#15
What's in: #TheMarketTrustBibi, India and Abraham Accords, Israel needs a high class gastronomy and free Acces to the next chapter of 'Hoffnung: Die Mauern Jerusalems'
#TheMarketsTrustBibi: Israeli Start-up ‘Sentra’ Raises $30M Series A
The daily example that international capital, investors, or Israeli companies themselves continue to invest in Israel. They do not run away because some left-wing hysterics believe that Israel is sinking into dictatorship since the members of the Supreme Court will soon be determined by the Knesset – instead by an opaque body – and the legislature will get the last word, so as in all western democracies.
Sentra – an Israeli start-up in the cyber security industry – has raised a $30 million dollar Series A round to revolutionize the way cloud first enterprises secure their data. This brings Sentra’s total funding to $53M. Sentra will work together with Standard Industries, Munich Re Ventures, Moore Capital, Xerox, INT3, Bessemer Venture Partners, and Zeev Ventures to help enterprises securely leverage their data to enable growth, according to the announcement on the blog of Sentra.
The Super Economic Space ‘India – Abraham Accords’ under way: Netanyahu Hands over Port of Haifa to Adani Group – D/E
The Super Economic Space ‘India – Abraham Accords’ under way. On many occasions, India and the Adani expressed their confidence about the Abraham Accords, as VonNaftali reported many times. Today Prime Minister Netanyahu handed over the Port of Haifa to Gautan Adani, CEO and founder of the Adani Group (India).
Background
Reuters and Jerusalem Post reported (10.01.2023) that the deal between Israel and India’s ‘Adani Group‘ got finalized. The now former state-owned Port of Haifa (Haifa Port Company, a governmental company) get sold for $1,15 billion. The consortium is led by the Indian billionaire Gautam Adani. It is said that he has a net fortune of about $125 billion and should be the third richest man on earth.
The consortium has two players: The ‘Adani Group’ with 70% share and ‘Gadot Chemical Tankers and Terminal Ltd.’ holding 30% of the ownership. The consortium won the tender in July of the year 2022 and brought it finally to a close.
Israel needs A High Class Gastronomy - A Commentary
Without a doubt, when it comes to cuisine, Dubai is a world power and the undisputed number 1 in the Middle East. The field is simply dominated by Dubai. At best, Cairo may play along. And Israel. Israel! Well, one restaurant makes it into the top 10 with George & John in Tel Aviv. Israel's disappointing performance in terms of cuisine is no coincidence.
I would like to contribute a few subjective impressions and considerations for the no-show of Israel, the largest economic and political and military power in the Middle East and the leading innovation center of the world par excellence.
First, there is a lack of fertile ground. This means you need a lot of good bars and restaurants to carve out a vibrant top-A cuisine.
Read the four reasons on VonNaftali