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Paddy Cosgrave, the CEO and co-founder of the annual tech extravaganza Web Summit, tendered his resignation following a storm of controversy ignited by his remarks on the Israel-Hamas war.

According to Israeli Atomic Energy Commission (IAEC) Director General Moshe Edri, Israel is ‘ready’ to share its nuclear technology with Arab nations that have signed a peace deal.

The indebted, privately owned company also said it would focus sales on countries belonging to the NATO alliance.

The decision to invest in climate technology is aimed at accelerating innovation in Israel’s climate tech ecosystem.

The plan launched earlier this week is backed by the government, the Israel Innovation Authority, and the National Digital Israel Initiative.

Aura Air is currently sold in 87 countries and used by marquee brands including the Sheraton, Hilton, CBRE, Subway, Coca-Cola, and Audi among others.

The rise came after the Israeli authorities in 2020 sought to encourage more institutional investment in the country’s robust tech industry

Israel and Germany have signed an agreement to cooperate in the energy sector, the two countries announced in a joint statement on Sunday.

The investment in StoreDot is the first of several global strategic investments planned by Ola as it looks to ramp up its core R&D in advanced cell chemistry.

According to a five-year plan, Israel will encourage entrepreneurship and hi-tech employment in the Arab communities.