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 […]
Category: News
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 […]
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 […]
“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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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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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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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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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 […]
As reported in Israel21c: He’s only 18, but Ben Lang is already a serial entrepreneur. Now he’s co-founded Innovation Israel — a community for startups, entrepreneurs and investors Ben Lang gets a kick out of sharing the story of how he received a cease-and-desist order from the New York Times for making a website called […]
The IMF Consultation Mission to Israel under mission chief, Mr. Peter Doyle, today presented its preliminary report on Israel’s economy to the Minister of Finance, Dr. Yuval Steinitz, and the Governor of the Bank of Israel, Prof. Stanley Fischer. The IMF is expected to publish its final report on the Israeli economy at the end […]
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