Monthly Archives: April 2016

30,000 run the Jerusalem marathon

A record-setting 30,000 people from 62 countries participated in the sixth annual Jerusalem marathon.  They included a record 2,400 foreign competitors and 6,000 who were raising money for good causes. http://unitedwithisrael.org/record-breaking-30000-from-62-countries-run-in-the-annual-jerusalem-marathon-defying-palestinian-terror/

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Fresh Paint in Tel Aviv

Fresh Paint Contemporary Art & Design Fair, Tel-Aviv is the largest and most influential annual art event in Israel.  35,000 visitors are expected.  This year, the fair pays tribute to the first international Fair that took place in 1932 in … Continue reading

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Israeli London taxi cabs

BDS supporters can no longer use most London taxis, thanks to Israel’s Gett buying British black cab company Radio Taxis.  Gett becomes the UK’s largest black cab app, with half of all the licensed taxis in London.  The buyout was … Continue reading

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Natural gas estimates tripled

Israel’s Energy Ministry has tripled its estimate of the volume of still-undiscovered natural gas in Israeli waters.  The new assessment is a potential 2,100 billion cubic meters (BCM) based on a report by French consulting firm BeicipFranlab.  Tamar and Leviathan … Continue reading

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Moody’s confirms Israel’s A1 rating

International credit rating agency Moody’s confirmed Israel’s A1 rating with a stable outlook.  It highlighted the economic flexibility and great effectiveness of the government, which works to improve Israel’s debt and financing figures. Only Israel’s geopolitical risks prevents a higher … Continue reading

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A global water company

Israel’s Desalitech has reached the finals of Global Water Intelligence’s Global Water Award for Breakthrough Water Technology of the Year, for the second consecutive year. Desalitech’s water purification systems are used by several Fortune 500 companies, including Coca Cola. http://israelnewtech.com/2016/03/desalitech-recognized-as-leading-global-water-technology-company/

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Infinidat expands

Israel’s Infinidat is still growing.  The data storage company (value $1.2 billion – See May 2015 newsletter) aims to compete with IT giant EMC and has quadrupled the size of its Boston US base.  It is also expanding offices in … Continue reading

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Animating emails to increase business

US-Israeli PowerInbox merged with Israel’s ActivePath in 2012.  It markets DynamicMail, which boosts the business of hundreds of its clients.  PowerInbox saw a 2000% increase in revenue in 2015 and has now raised $6.5 million to expand its Israeli offices … Continue reading

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Transforming sand dunes into businesses and homes

250-acres of sand dunes in the Tel Aviv suburb of Rishon LeZion are to be developed into a 1.7 million sq. meter business center and 5,500 housing units.  The Mayor of Rishon said that it will be the future business … Continue reading

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Grapefruit exports to Asia up 300 percent

Israeli exports of red grapefruit this year to the Far East were 300 percent greater than they were just four years ago.  In 2012 Israel sold 1,086 tons of red grapefruit to the region, compared to 4,000 tons so far … Continue reading

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