On Aug 13 a record 80,000 passengers passed through Tel Aviv’s Ben Gurion airport. The Israel Airport Authority assesses that some 2 million passengers will pass through the airport in August – the largest number of passengers to come and … Continue reading →

Standard & Poor’s has affirmed Israel’s international credit ratings as positive, giving it an A+ score. The agency’s economic forecast for Israel was positive as well, defining the economy as “stable” and projecting it would grow by 3% between 2015 … Continue reading →

Israeli NASDAQ cyber security company CyberArk Software has acquired Israeli cyber detection company Cybertinel for an estimated $20 million. The merger enhances CyberArk’s ability to detect early security threats. CyberArk’s $36 .4 million 2nd quarter revenue was 70% up on … Continue reading →

Bessemer Venture Partners have produced an excellent map showing how the main Israeli cyber security startups fit into the various technology and business areas. http://techcrunch.com/2015/08/10/mapping-israels-cyber-security-startups/ http://clearslide.com/view/mail?iID=BGDCMKMJXF5VKGR7NB43

El Al has announced the largest-ever procurement of new aircraft in the company’s history. It is buying and leasing 15 Boeing 787 (“Dreamliners”) jets costing $800-900 million. The planes will replace El Al’s 747-400 and 767 fleet on medium to … Continue reading →

UK’s Monarch Airlines is to commence Sunday, Monday and Thursday flights between London Luton and Tel Aviv Ben Gurion from Jan 2016. Prices start at £49 TLV-LTN and £89 LTN-TLV. Monarch will also operate Thursday flights between Luton and Ovda … Continue reading →

Orna Kleinmann, MD of SAP Labs Israel, says that Israel’s innovation spirit derives from necessity: Israel is a small country, with no substantial natural resources, and must fight for its existence. This breeds creativity and is the foundation for the … Continue reading →

Israel Railway’s electrification project has advanced with a deal to buy 62 locomotives from Canada’s Bombardier for NIS 1 billion. The NIS 13.7 billion project involves converting 420 kilometers of track over to electric operation. http://www.globes.co.il/en/article-bombardier-wins-israel-railways-locomotive-tender-1001058577

Wired describes 10 of Israel’s startups with most potential in its magazine featuring the 100 hottest European startups. They include Consumer Physics, Playbuzz, StoreDot, Winward, Moovit, SimilarWeb, Zebra Medical, AppsFlyer, Adallom and FeeX (Pontera). http://www.wired.co.uk/magazine/archive/2015/09/features/100-hottest-european-startups-2015-tel-aviv