Monthly Archives: January 2016

Living next door to Alice

Chris Norman, legendary front man of the British rock band Smokie, is to perform at the Mann Auditorium, Tel Aviv on March 30th. Chris and his band gained popularity in the ’70s, with hits such as “Living next door to … Continue reading

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A new seaside park – inland

The city of Modi’in Maccabim-Reut is building an artificial beach park. It will include a wave pool, water installations, restaurants and cafes and will take 3 years to build. http://www.modiinfo.com/newstop/item/5110-first-step-towards-sea-side-park-in-modiin

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Cleaner water

Israel’s Amiad has opened its first UK office, in Swansea – home of Welsh Water, to support increasing demand in the UK and Europe. Also, Israeli irrigation specialists Netafim has signed an exclusive distribution agreement to market Amiad’s Arkal product … Continue reading

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Purifying Schweppes in Australia

Israel’s Mapal Green Energy has signed its first major contract in Australia – supplying a system to clean up wastewater from Schweppes’ factories throughout the country. http://www.israeltrade.org.au/mapal-green-energy-signs-major-contract-with-schweppes-in-australia/

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Frutarom buys into Israeli algae

Israeli flavors and specialty natural ingredients company Frutarom has purchased 50% of Algalo Industries, based at Kibbutz Ein Hamifratz near Haifa. Algalo has a unique and innovative method for cultivating algae that contain active ingredients for the food nutrition industry. … Continue reading

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VW eyes Israeli tech for self-driving car

Israel’s Mobileye has signed an agreement with Volkswagen in preparation for installing Mobileye’s self-driving technology in Volkswagen vehicles. Mobileye is already working with two other car manufacturer that with VW would account for one third of global auto sales. http://www.globes.co.il/en/article-mobileye-teams-with-volkswagen-on-self-driving-cars-1001093876

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The worst kept secret

Israel has no diplomatic relations with Indonesia – the largest Muslim country, but bi-lateral trade reaches hundreds of millions of dollars a year. One of the Indonesia’s top venture capitalists spoke to a crowd of 600 at Tel Aviv’s Israel … Continue reading

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Optimistic economic prospects

Israel’s economic future looks good, according to this report. http://www.immunities.co.il/_Uploads/dbsAttachedFiles/2015.pdf

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Less exits but more profit

Israeli high-tech companies generated $9.02 billion in profits from 104 exits in 2015. The number of exits decreased by 10% compared to 2014, as more Israeli companies grew rather than sold out. Total profit from exits rose 16%, with the … Continue reading

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Business is booming in China

An unprecedented 150 leaders from 90 Israeli companies recently attended a two-day investors’ summit in Beijing. Meanwhile, Israel Aerospace Industries is to build a development center in Shantou, China in order to expand local aircraft manufacturing. http://www.israelnationalnews.com/News/News.aspx/206262 http://www.timesofisrael.com/china-looks-to-israel-to-get-its-civil-aviation-industry-off-the-ground/

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