Monthly Archives: June 2014

The land of milk and honey

Posted on June 8, 2014

It is traditional to eat foods made from milk during the Jewish festival of Shavuot just celebrated. So it was timely that Israel’s Central Bureau of Statistics released 2013 figures that the average Israeli cow produces 11,780 liters (3,141 gallons) … Continue reading →

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35,000 march in NYC’s Israel Parade

Posted on June 8, 2014

Thirty-five thousand people marched in the fiftieth annual Celebrate Israel Parade in New York City. Associated Press reported “Awash in white and blue – the colors of Israel’s flag – tens of thousands of onlookers cheered the celebration that also … Continue reading →

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French businessmen have idea to benefit the Jewish State

Posted on June 8, 2014

Frenchmen Didier Maarek and Gerard Ben Hamou started selling Teva products in their shops. Teva then donated a percentage of the revenues to Israeli charitable causes. Some $5.4 million has been donated so far. http://www.israelhayom.com/site/newsletter_article.php?id=17853

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Israeli parking system for Albania city

Posted on June 8, 2014

(Thanks Atid-EDI) Israel’s On Track Innovations’ subsidiary PARX has signed a 20-year contract to help manage the parking operations for Elbasan, a city in central Albania. It will install PARX’s EasyPark system, which already operates in 45 Israeli cities. http://www.otiglobal.com/press-releases/may-29-2014-oti-opens-albanian-parking-market-with-parxs-easypark-system/

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Ben Gurion Airport inaugurates new runway

Posted on June 8, 2014

Israel’s Ben Gurion International Airport has completed a 4-year, $1 billion runway upgrade. The new runway vastly expands airport capacity, allowing simultaneous take-off and landing. It supports the Open Skies program for increased destinations and lower airfares. The news coincided … Continue reading →

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Israeli web giant ironSource opens Beijing office

Posted on June 8, 2014

IronSource, one of Israel’s most successful web companies, is expanding to China. Over 100 million people a month use ironSource’s tech services, which will expand significantly as ironSource deploys its digital delivery technology in the world’s largest market. http://www.timesofisrael.com/israeli-web-giant-ironsource-opens-china-office/

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Intuit buys Check for $360m

Posted on June 8, 2014

(Thanks to Atid-EDI) More than 10 million people use Check’s smartphone app to track and pay their bills. Check’s Israeli development center will join Intuit’s Consumer Ecosystem Group. http://www.zdnet.com/intuit-dishes-360-million-to-acquire-mobile-bill-pay-firm-check-7000029881/ https://www.youtube.com/watch?v=FeLIV_Eh8ho

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MIT opens its first Israeli seed fund with BGU

Posted on June 8, 2014

The Massachusetts Institute of Technology (MIT) launched its first Israeli seed fund in cooperation with Ben-Gurion University of the Negev. The fund will support early-stage collaborations between MIT researchers and their counterparts at BGU. http://www.jpost.com/Business/Business-News/MIT-opens-its-first-Israeli-seed-fund-with-BGU-354569

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Massachusetts sends huge delegation to Israel

Posted on June 8, 2014

(Thanks to Hazel) Massachusetts Governor Deval Patrick led a trade mission to Israel of some 120 Massachusetts business leaders. At least six business deals or partnerships were announced during the visit. There are over 200 Israeli companies in the US … Continue reading →

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Israeli unemployment is still falling

Posted on June 8, 2014

Israel’s unemployment rate fell in April to 5.6%, from 5.7% in March and 5.9% at the beginning of 2014. This is one of the lowest rates of unemployment in the OECD. http://www.globes.co.il/en/article-unemployment-still-falling-1000941522

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