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Latest News Israel

4 ISRAELI START-UPS WIN RED HERRING 100 GLOBAL AWARDS

As reported in the Invest In Israel Newsletter,  Four Israeli start-ups won the 2009 Red Herring Global 100 Awards. The winners are video conferencing solutions developer Qoof Ltd, Panaya Inc, which creates software that reduces the cost and risk of making changes to ERP systems, Internet video and P2P caching solutions developer Oversi Ltd and […]

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Latest News Israel

WEIZMANN INSTITUTE RANKED #2 WORLDWIDE

As reported in the Invest In Israel Newsletter, Israel’s Weizmann Institute of Science was ranked as the second best international academic institution in which to work outside the United States by “The Scientist” magazine. Weizmann was ranked the top scientific institution outside the US twice over the past 5 years and in 2008 was followed […]

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Latest News Israel

BDI COFACE RAISES ISRAEL RISK RATING

As reported in the Invest In Israel Newsletter, International risk rating agency BDI Coface raised Israel’s country risk rating by one grade to A3 from A4. Israel now has the same risk rating as the U.K., Italy and China. The country rating upgrade, which reduces foreign trade credit insurance premiums and raises potential credit levels, […]

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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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Israel Close to Being Accepted into the OECD

      Israel is on its way to be accepted into the Organization for Economic Cooperation and Development (OECD): Israeli Finance Minister Yuval Steinitz and OECD Secretary-General Angel Gurría have agreed that Israel will become a member of the organization by May 2010. The two officials met in Paris last week during Steinitz’s visit […]

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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 […]