Monthly Archives: August 2018

Medals for windsurfers

Israelis Eyal Zror and Liam Segey came 1st and 2nd in the men’s U17 category at the 2018 RS:X Windsurfing Youth World Championships in France. Israelis Naama Gazit and Linoy Geva won silver and bronze in the main women’s event. … Continue reading

Posted in Culture, Entertainment & Sport | Leave a comment

BBC admits Israel is creating UK jobs

What a contrast to the BBC’s normal biased anti-Israel reporting.  BBC World’s “Talking Business” program included this feature by Jonathan Josephs. It highlights the UK-Israel Tech Hub as the ideal model to expand UK hi-tech business and create jobs post … Continue reading

Posted in Economy & Business | Leave a comment

Visa invests in Israeli Fintech startup

I reported previously (Feb 2017) on Israel’s Behalf which provides short-term loans having used hi-tech to decide on a company’s risk profile. Now financial giant Visa is partnering Behalf to “support small business growth”.  Behalf’s clients receive a tokenized Visa … Continue reading

Posted in Economy & Business | Leave a comment

Bringing Hungarians and Bulgarians to Eilat

Low cost Hungarian airline Wizz Air is commencing twice-weekly flights from November between Eilat and both Budapest and Sofia.  Wizz already operates services from Eilat to London, Vienna, Bucharest, Riga, and Warsaw. https://www.calcalistech.com/ctech/articles/0,7340,L-3744163,00.html

Posted in Economy & Business | Leave a comment

Gett generates $1 billion of revenue

Israel’s Gett makes 100 million rides a year, mostly with its London and NYC taxis. This generates around $1 billion in mobility services, according to Stockholm-listed venture capital firm Vostok New Ventures Ltd in its latest financial report. https://www.calcalistech.com/ctech/articles/0,7340,L-3744466,00.html

Posted in Economy & Business | Leave a comment

Warren Buffet buys more Teva shares

Warren Buffett’s Berkshire Hathaway Inc. has upped its stake in Israeli biotech Teva by another 6.7%. Berkshire Hathaway now owns nearly $1 billion of Teva shares. https://www.timesofisrael.com/warren-buffet-ups-bet-on-ailing-drugmaker-teva/ https://www.calcalistech.com/ctech/articles/0,7340,L-3744381,00.html

Posted in Economy & Business | Leave a comment

More Israeli hostels

Good news for backpackers.  Latin American hostel and co-working company Selina and Israel’s Ampa Real Estate have been scouting locations in Tel Aviv, Jerusalem, Haifa and the southern Negev desert. Selina intends to open several hostels with a combined capacity … Continue reading

Posted in Economy & Business | Leave a comment

El Al buys 16 Dreamliners

El Al has purchased 16 Dreamliners (Boeing 787s) in a $1.2 billion deal, which will gradually replace older Boeing 747 and 767 planes. El Al received its 6th Dreamliner in a ceremony with the PM’s wife Sara Netanyahu who dressed … Continue reading

Posted in Economy & Business | Leave a comment

BBC “dragon” funds Israeli startup

Israelis Yosi Romano and Ziv Leinwand went on the BBC’s “Dragon’s Den” program, winning a £125,000 investment from star “dragon” Touker Suleyman. Their device protects babies from pollution, sucking in air, cleaning it and blowing it into the child’s breathing … Continue reading

Posted in Economy & Business | Leave a comment

Indonesia selects Israel transportation app

The Asian Games (Aug 18 – Sep 2) doesn’t allow Israeli athletes to compete, but the host country Indonesia has chosen Israel’s Moovit as the games’ official mobility app. Moovit is the world’s most downloaded transit app with over 200 … Continue reading

Posted in Economy & Business | Leave a comment