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Michael Dell’s fund backs Israel’s Bank Leumi $77m tech fund

Michael and Susan Dell’s investment fund has partnered with Bank Leumi’s newly launched US$77 million high-tech fund, aiming to finance companies developing cutting-edge technologies.

Bank Leumi CEO Hanan Friedman emphasized that despite ongoing security tensions, foreign investor interest in Israel remains strong.

He pointed to the Dell-backed partnership as a testament to continued confidence in the country’s innovation sector.

Friedman also addressed Israel’s upcoming alignment of trading days with global markets, a move set to take effect on Jan. 1, 2026.

The initiative is being spearheaded by the Bank of Israel, the Israel Securities Authority, and the Tel Aviv Stock Exchange.

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