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Latest News Israel News

Israeli High-Tech Capital Raising in 2009 Reached $US1.12 Billion

Israeli High-Tech Company Capital Raising – Israeli high-tech capital raising in 2009 reached $US1.12 billion. The following are the findings of the Israeli Venture Capital (IVC) Quarterly Survey conducted by the IVC Research Center, which for more than 13 years has been at the forefront of high-tech, venture capital and private equity research in Israel. […]

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Latest News Israel

Shekel Outperforms Emerging Markets on Growth

(Bloomberg) — The shekel is likely to outperform emerging-market currencies in Europe, the Middle East and Africa as the Israeli economy expands and the central bank raises rates, according to Bank of America Corp.-Merrill Lynch.  The CHART OF THE DAY shows the shekel has been the best performer since the start of the year versus […]

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Latest News Israel News

The Rest of the World Can Learn a Lot From the Israeli Formula for Growth

From the Wall Street Journal: Now is the time to take a close look at models. No, not those who strut the catwalks of London, Paris and other rallying points of international fashionistas. Instead, those economic models that might contain clues for post-recession policy. The European Union wants to jack its growth rate up from […]

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Latest News Israel

Israel’s south could be global clean tech’s beta site

While Israel still has work ahead to develop its own clean tech, organizers of the Renewable Energy Conference in Eilat tout the country as a global beta site. With its year-round sunshine and high temperatures, Eilat and the region are a perfect location for the deployment of alternative energy projects. While Israel generates numerous headlines […]

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Latest News Israel

Kibbutz water tech firms merge

Amiad Filtration Systems: The addition of Arkal’s product range will considerably enhance Amiad’s offering. “The physical distance between Amiad Systems and Arkal is just 30 kilometers. Kibbutz Amiad is north of the Kinneret, whereas Kibbutz Beit Zera, which owns Arkal is south of it,” Amiad Filtration Systems Ltd. (AIM:AFS) CEO Arik Dayan told “Globes” today […]

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Latest News Israel

Better Place wins $350 million investment

The major funding deal, led by HSBC, is one of the largest ever in cleantech. Shai Agassi’s electric car venture Better Place has signed a major funding deal, in which a consortium of investors, led by HSBC, will invest $350 million in the venture. The investment is one of the largest ever in cleantech, and […]

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Latest News Israel News

New IMF great report about Israel

  “In the face of global crisis, Israeli output growth was amongst the last to fall below trend, among the mildest hit, and one of the earliest to stage a recovery…” Want to read more about the Israeli economy from the IMF staff report? click here  

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Latest News Israel News

TASE (Tel Aviv Stock Exchange) LAUNCHES NEW INDEX: BIOMED

The Tel Aviv Stock Exchange (TASE) Board of Directors approves (January 21st 2010) to launch a new equity index covering the biomed sectors.  Some 100 technology companies currently trade on the TASE, of which 38 are in the various biomed industries. Most of these companies are early-stage enterprises engaged in R&D in life sciences, biotechnology, […]

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Latest News Israel

The Tel Aviv Cluster

Tel Aviv has become one of the world’s foremost entrepreneurial hot spots. Israel has more high-tech start-ups per capita than any other nation on earth, by far. It leads the world in civilian research-and-development spending per capita. It ranks second behind the U.S. in the number of companies listed on the Nasdaq. Israel, with seven […]

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Latest News Israel

IMF SAYS ISRAEL SAFE HAVEN AMID GLOBAL CRISIS

“Since early 2008 it seems that Israel acquired the status of a safe haven, with sharp growth in the movement of capital into the market and the revaluation of the real exchange rate.” So says the IMF in its world review. The International Monetary Fund (IMF) praised Israel’s response to the recent economic crisis and […]