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Israeli technology services exports reach $9.5b

This is a 3.4% drop from 2009, but a 17% rise compared with 2007.  Israel has kept its place as one of the largest exporters of know-how and technology in the world, according to a report published by the National Council for R&D at the Ministry of Science and Technology. The report shows that in […]

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Latest News Israel News

Bloomberg: Israel safest for investing

Among the developed countries, Israel’s stock market produced the last decade’s highest risk-adjusted returns. According to the Bloomberg riskless return ranking, the Tel Aviv TA-25 Index returned 7.6% in the ten years ending yesterday, after adjusting for volatility, the highest among 24 developed-nation benchmark indexes. The second-best market, with a risk-adjusted gain of 6.7%, was […]

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Latest News Israel News

SINGTEL BUYING ISRAELS AMOBEE

Singapore Telecommunications Limited is acquiring mobile advertising firm Amobee, for $321 million. Amobee, which was founded in 2005 and has 127 staff in eight offices in Israel, the United States, Europe, Asia and Latin America, provides end-to-end mobile advertising solutions and services for advertisers, publishers and operators. SingTel is one of the largest mobile carriers […]

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Latest News Israel

Israel’s oily approach to natural pest control

While agricultural production must keep at a steady clip to feed a hungry world, new earth-friendly solutions are sought to reduce the chemical load used to grow crops for food. An Israeli blend of everyday cooking oils now challenges the slew of problems linked to pesticide use in monoculture crops. The innovation is in the […]

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Latest News Israel News

Israel’s wine exports up 5.5% in 2011

The Israel Export & International Cooperation Institute (IEI) reported last week that Israel’s wine industry recorded a successful year in 2011 as wine exports grew by 5.5%.   According to the report the Israeli wine industry recorded overseas sales of US$26.7 million in 2011.   The report noted that there are currently 35 commercial wineries […]

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Latest News Israel News

High-tech accelerator DreamIt opens Israeli branch

Long gone are the days when lonely entrepreneurs had to sit in the garage with their engineering buddies tweaking the next big startup company. A new trend in high-tech is accelerator programs, where groups of young companies work together side by side, sharing legal support, brainstorming capabilities, advice from successful entrepreneurs and some startup capital. […]

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Blackstone to make major investments in Israel

Private equity fund Blackstone will set up a joint venture with Markstone to invest hundreds of millions of dollars in Israel. The deal will be closed in a few weeks. Markstone has declined to respond to the report. Blackstone, with $166.2 billion in assets under management, is the world’s largest private equity fund, larger than […]

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Latest News Israel

The Waze of the Future

Imagine never having to sit in a traffic jam again. And that’s without having to listen to the local radio station to get annoying traffic updates. A free mobile app from Israeli startup Waze is changing the way people drive. Approximately 50,000 users daily are flocking to this user-friendly app. Only a year ago, there […]

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Latest News Israel

Water wise

Improving mining outcomes with the help of Israeli technology Israel has almost no domestic mining industry. This fact has not stopped an increasing number of Israeli companies from successfully adapting their technologies in water, communications, robotics and even defense sectors to create better mining solutions in Australia and internationally. Technology must be in the centre […]

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Latest News Israel

Beating swords into plowshares

Improving mining outcomes with the help of Israeli defense technology What does the Israeli defense technology sector have to offer Australian 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. “If you […]