Multinational IT service company UST Global has announced that its recently launched Tel Aviv development and service center will handle all its cybersecurity activity.  UST Global provides end-to-end IT services for 1,000 companies and has over 14,000 employees worldwide. https://www.calcalistech.com/ctech/articles/0,7340,L-3733224,00.html

There are now three Israeli distilleries producing single-malt whisky, and plans for two more.  Milk and Honey in Tel Aviv, Golan Heights in Katzrin and Pelter, also in the Golan. https://www.timesofisrael.com/sweet-drams-of-whisky-flow-in-the-land-of-milk-and-honey/ http://www.whiskyisrael.co.il/

The Israeli city of Haifa is to sponsor a new tech fund focusing on early stage startups that commit to establishing their operations in the city. Haifa currently hosts only 4.5% of Israeli startups. Proposals from private investors have committed … Continue reading →

Israel has cut the red tape involved in hiring non-Israeli experts. Tech companies can now get a license of up to one year for their non-Israeli contracted experts, compared to the previous 45 days a year maximum. Their spouses can … Continue reading →

Israeli companies with up to NIS 100 million turnover and/or up to 100 workers will be granted a workshop for senior management on how to improve productivity. Those companies will also get a government grant of NIS 10,000. Google will … Continue reading →

Israel’s Innovation Authority is to provide government guarantees for bank loans to Israeli startups. The loans will enable cash-strapped startups to raise funds without resorting to foreign venture capital funds or investors that often pressure the startup to relocate its … Continue reading →

The Israeli government plans lowering public transport fares on inter-urban routes by 40% in 2018. Daily and monthly tickets will also be available for unrestricted travel throughout the country. http://www.globes.co.il/en/article-govt-to-cut-public-transport-fares-40-1001225349