New easyJet routes to French cities

UK low cost carrier easyJet plc will next year begin flying twice-weekly from Tel Aviv to three French cities - Lyon, Bordeaux and Nice. Tickets are already available online.

Postage stamp for 70 years

Israel’s latest 5-shekel postage stamp depicts many of Israel’s achievements during its 70 years. Spot the UBS memory stick, smartphone tech, cherry tomatoes, drip irrigation, plus successes in academia, science, sports, agriculture, music, film and business.

Low cost flights to Paris.

ASL Airlines France is to begin return flights in July between Paris and Tel Aviv for just $275 – about half the cost of an El Al ticket.  Paris is the second most popular destination for Israelis after Istanbul and despite the large number of airlines, there is still a shortage of seats.

Direct flights from Brazil

Latin America’s largest airline, Latam, has announced that it will begin direct flights between Sao Paulo, Brazil and Tel Aviv by the end of the year. The thrice-weekly, 11-hour flight will bring Brazil’s 120,000 Jews, and pilgrims from the world’s 2nd-largest Christian population, closer to Israel.

Porsche invests in Israeli sensors

I’ve reported previously on Israel’s Anagog and its software that analyzes sensor signals in smartphones. Now car maker Porsche has bought a minority stake in Anagog in a bid to expand its offering of digital technologies. Analog’s technology is used in about 100 global smartphone apps.

Kibbutz startups near Gaza

Non-profit organization SouthUp has set up a shared workspace for startup employees at Kibbutz Nir Am, barely a kilometer from Gaza. SouthUp also has an accelerator program for startups in agri-tech, water tech, kibbutz industrial development, energy, chemistry, biology, and software.

$100 million cybersecurity exit

I reported previously about Israel’s SECDO and its systems that can distinguish a real cybersecurity breach from a false alarm. US giant Palo Alto Networks has just bought SECDO for $100 million.

A $3.4 billion exit

I’ve reported previously about Israel’s Orbotech, whose systems produce almost every electronic device in the world.  Orbotech has just been taken over by US giant KLA-Tencor for a massive $3.4 billion. Orbotech will continue to operate under the Orbotech brand in Yavne, Israel.

First Israeli flight over Saudi Arabia

India’s national airline, Air India, has completed its first flight between New Delhi and Tel Aviv flying through Saudi Arabian airspace. Recent Saudi government permission for the service has cut flight time to just five hours instead of the seven hours required to circumvent the Arab state.

Food prices drop; salaries rise

The price of food in Israel has dropped 5% in the past two years, the OECD (Organization for Economic Cooperation and Development) reports. Reasons include a 1% cut in VAT, 3.5% cut in corporate taxes and higher caps for food imports, especially fresh beef. Salaries rose 3% in this period.