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2011 Summary of Israeli High-Tech Company Capital Raising

Israeli venture capital funds were back to capital raising in 2011, after two very difficult years. No capital had been raised by Israeli funds in 2010, and only $256 million was raised in 2009, a 76 percent drop from 2008 levels. The $796 million raised in 2011 was a much needed breath of air for […]

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Latest News Israel News

Unemployment rate at historic low in Q4 2011

The unemployment rate fell to 5.4% of the civilian labor force in the fourth quarter of 2011 from 5.6% in the preceding quarter. The unemployment rate fell to an all-time low of 5.4% of the civilian labor force in the fourth quarter of 2011 from 5.6% in the preceding quarter, the Central Bureau of Statistics […]

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Latest News Israel News

Half of gas royalties to be invested abroad

The newly established sovereign fund will provide a “security cushion” for dealing with wars and national disasters. On the basis of the recommendation of the committee established to review the sovereign fund, half of state revenues from oil and gas resources (incomes from the tax on excess profits) will be deposited in a fund that […]

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Latest News Israel News

Buffett: Iscar continues to amaze us

“Iscar’s managers – Eitan Wertheimer, Jacob Harpaz and Danny Goldman – are brilliant strategists and operators.”http://platform.linkedin.com/in.js Warren Buffett heaped praise on Iscar Ltd. (IMC Metalworking Companies), calling it one of “the fabulous five” in his annual letter to Berkshire Hathaway Inc. (NYSE: BRK.A; BRK.B) shareholders, published as part of the company’s financial report for 2011. […]

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Latest News Israel

Organic food, is it kosher?

Two of the world’s fastest growing food sectors are the kosher and organic segments. Although these two consumer groups have not traditionally had much in common there is movement towards some overlap, and a growing range of products available that are both kosher and organic. Israel’s organic food sector is growing at an astonishing 25% […]

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Events & Exhibitions Past Events

MEDinISRAEL

MEDinISRAEL will be the first international  medical devices summit in Israel focusing on the Asia-Pacific region. The summit  will be held in Tel Aviv from 26-28 June 2012 The program schedule will be: 1st day: Executive Summit introducing Israeli Medical & HIT Industry, HealthCare System + Technological Exhibition & B2B meetings + Cocktail Reception. 2nd day: […]

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Tourism News from Israel

TEL AVIV ART YEAR 2012

http://www.artyear.co.il 2012 is a pinnacle in Tel Aviv’s cultural life, with the completion of 3 major construction and renovation projects of the city’s cultural institutions: To mark this milestone, Mayor Ron Huldai declared 2012 as Art Year. In addition to the opening events which will take place during the weekend 21-25 March 2012, the calendar […]

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Latest News Israel

Beating swords into plowshares

Improving mining outcomes with the help of Israeli defense technology What would the Israeli defense technology sector have to offer international mining companies? Surprisingly, there is significant overlap in the industries; operating in remote locations, the need for self-sufficiency, challenging environments and terrain, safety issues and more create an unlikely, but successful, synergy. Technology must […]

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Events & Exhibitions Past Events

Israeli Minister for Industry, Trade and Labor Visits his Counterparts in Canberra

Israeli minister Shalom Simhon was in Australia for a week-long visit to strengthen the relationship between the governments of the State of Israel and Australia. Minister Simhon lead a business delegation consisting of 11 Israeli companies to Australia, but took a day out of that busy schedule to meet with his Federal counterparts and discuss […]

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Tourism News from Israel

2012 TEL AVIV MARATHON

25,000 runners and 100,000 supporters and participants are expected to partake in the Tel-Aviv Gillette Marathon events this year, the largest and leading international sporting event in Israel taking place Friday, March 30th 2012.  The marathon, considered one of the leading and professional marathons in Israel is already a tradition and is one of the […]