Back in the ’80s, when people tied bandanas around their legs and jumped around to Wham!, a young Israeli-American sound engineer named Gilad Keren was cutting his teeth in the music biz, recording Israeli artists like Shalom Hanoch. Today, Keren and his business partner Meir Sha’ashua are primed to collect a Grammy award, the most […]
Category: Top Stories
IMF Staff Report on Israel
Israel passed through the global recession swiftly. The challenge now is to sustain growth and low inflation while boosting medium-term prospects—in the context of continued global uncertainty, shekel appreciation, and a housing market that is overheating. Buoyant activity and employment alongside incipient inflation pressures calls for the overall stance of policies to be tightened more […]
The Law for the Encouragement of Capital Investments The purpose of the Law for the Encouragement of Capital Investments is to strengthen the industrial capability of the country. Below is a short summary of the main points of the new law. A. Qualification requirements To qualify for benefits under the law the company has to […]
As reported by IVC: Tel Aviv, Israel, January 17, 2011. The following are the findings of the IVC-KPMG Quarterly Survey conducted by the IVC Research Center in cooperation with KPMG Somekh Chaikin Israel. This Survey reviews capital raised by private Israeli high-tech companies from Israeli venture capital funds, foreign and other investors. The Survey is […]
As recently seen in the Invest in Australia Annual Magazine: Israel is a small country renowned for its entrepreneurial sprit, enabling it to quickly transform start-up companies into profitable and competitive companies. This is evident by the fact that apart from Silicon Valley, the highest concentration of high-tech companies in the world is found in Israel. […]
Israel Conquers Space
Look up at the night sky. Amidst the stars is a small satellite you cannot see, circling the earth every ninety minutes, peering down through clouds and darkness. It is called Ofek 9 and it is a sophisticated eye-in-the-sky, both built and launched by Israel. It tracks what Israel’s enemies are scheming and it can […]
Prestigious London-based Monocle magazine, a global briefing journal covering international affairs, business, culture and design, has chosen Haifa as the city with the most promising business potential for 2011. According to the magazine, Israel’s third largest city Haifa was chosen due to a massive head-to-toe regeneration and a recent swing to positive net immigration into […]
Israel’s GDP Grows 4.5%
As reported in Globes.co.il: Growth in 2010 was well above the OECD average. Israel’s GDP rose 4.5% in 2010, in fixed prices, according to preliminary estimates by the Central Bureau of Statistics. Israel’s GDP growth was almost double the expected OECD average of 2.7% for the year.Israel’s GDP rose by 0.8% in 2009, and rose by […]
As reported in Israel 21C: They made Java “cool” again by using it to develop a device for reading the Kindle, and once again a major tech invention emanates from Israel. Windows; ICQ (known today as AOL Chat); anti-virus software; cell phone technology – you name it and Israel has had a hand in the […]
As reported in Israel21c: Recently, Israel’s Cabinet approved a 2.2 billion shekel ($598 m.) National Plan to reduce greenhouse gas emissions. To implement the plan, the allocated funds will be invested over the coming decade. In the course of the decade, home electricity consumption will be reduced by switching to electricity-saving home appliances and improving and […]
