The Israeli economy is a diverse open market economy. Being a relatively young state in the modern era, Israel is recognized as a developed market by many major indices. Israel also became a member of the OECD in 2010. Israel is also home to many international high tech companies, who understand its cultural and economic […]
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As reported on the BBC News website; When a grey-haired grandmother clutching a smartphone mounted the stage at Montreal’s Start-up Festival this summer, young Israeli entrepreneur Guy Rosen knew he had pocketed a very special award. His company, Tel Aviv-based Onavo, offers an application that shrinks mobile phone data to help users save money – and […]
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Telmap wins $5m Australian deal
Telmap will power Optus’s new real-time navigation service with live-traffic for all mobile platforms Telmap today won a $5 million contract with Australian mobile carrier Optus Ltd., in the Israeli company’s first deal since it was acquired by Intel Corporation (Nasdaq: INTC) for $300 million in September. Telmap will power Optus’s new real-time navigation service […]
Israel’s Agro-technology industry is characterized by intensive research and development of innovative systems that in large part stemmed from the need to overcome the scarcity of the country’s natural resources, in particular water and arable land. The constant growth in agro-technologies is due to the close cooperation between researchers, extension agents, farmers, and agriculture-related industries. […]
Kinrot Technology Ventures, a company privately held by the Canadian Stern Group in cooperation with the Israeli Chief Scientist as part of Israel’s technology incubator program, is the world’s first fully dedicated water technology incubator, providing a solid platform for developing and commercializing water and clean-tech related innovations. This seed investment mechanism stands at the […]
Key Challenges in the HealthCare Sector in Australia: Ageing Population: Oldest baby boomers (1946-1964) approaching 65 Increase in the incidence of Chronic Illnesses More than 67% of aging population have at least two chronic illnesses Critical need to lower soaring costs (Upwards of 11% of Europe’s GDP) New technologies, devices, drugs, and personalized treatment options […]
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IVC-KPMG Quarterly Survey
As reported in IVC: Summary of Israeli High-Tech Company Capital Raising – Q3/2011 IVC and KPMG Report: $522 million raised in Q3, down 8 percent from Q2 2011 Q1-Q3 capital raising – up 71% Israeli VC fund investments in 2011 reached 25% Tel Aviv, Israel, October 24, 2011. The following are the findings of the […]
The fields of aviation and space exploration have always inspired mankind. Today, these same fields provide the motivation of the world aerospace industry, in which Israel’s aviation, space, and defense companies are highly regarded for their great innovation and achievement. Aerospace comprises a wide range of activities, covering specific market segments that require special expertise […]
We are happy to present you with this booklet, describing the fundamental characteristics of the Israeli economy, and giving an historic perspective on major developments throughout the years. This booklet is designed for both economists and non-economists altogether. The booklet opens with a very broad description of the Israeli economy today: an advanced, resilient, innovation-driven […]
Prime Minister Benjamin Netanyahu awarded, for the second time, the “Prime Ministers Prize for Initiatives and Innovations” in order to encourage initiatives, innovational thinking, imagination and creativity. The winners were chosen by a seven-member committee chaired by Prof. Eugene Kandel. The Honorable Mention for Initiative and Innovation for Financial Profit was awarded to Mr. Avi […]
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