Israel’s economy remains robust with the latest figures from the Central Bureau of Statistics showing that Gross Domestic Product grew at an annualized rate of 4.2% in the first quarter of 2018. Most areas of the economy showed huge growth, … Continue reading →

Israeli-founded, US-licensed insurance company Lemonade relies on automation and Artificial Intelligence (AI) to keep costs down. It processes new business and claims in minutes and at the end of the year any surplus funds set aside for claims that is … Continue reading →

The “Living Financially Smarter in Israel” group has listed 70 ways that Israel’s economic and financial system works to benefit its citizens. They include Aliya money, free ulpan, free savings for children, cheap health care and 66 others. Click for … Continue reading →

Israel’s Shin Bet Security Agency and Tel Aviv University (TAU Ventures) are launching Xcelerator – for startups working in Artificial Intelligence (AI), primarily natural-language processing (NLP) technologies, robotics, and data science. Initially, six startups will receive $50,000, workspace and mentoring. … Continue reading →

I reported previously (May 2016) about one Israeli startup that says it can migrate a company’s data center onto the Cloud in minutes. Here is another, Velostrata, which had been an Israeli startup, until it was recently bought by Google … Continue reading →

I reported previously (27th Feb) that Intel planned a $5 billion expansion of its Kiryat Gat factory.  It has now submitted a detailed plan to the Israeli Government which granted a $380 million incentive. Intel Israel exported $3.6 billion of … Continue reading →

I reported previously (Mar 2017) on Israel’s Mindspace – one of the growing number of Israeli companies leasing shared office space globally. Mindspace has just acquired Dutch shared space provider KleinKantoor, taking Mindspace’s operations into its sixth country. https://www.calcalistech.com/ctech/articles/0,7340,L-3738134,00.html

Credit Suisse is injecting $250 million into Israeli life-sciences Venture Capital fund aMoonII. The fund invests in mid- to late-stage life science companies in the field of digital health and bio-techs that operate in Israel, the US and Europe. https://www.timesofisrael.com/credit-suisse-to-pump-250-million-into-israeli-health-tech-venture-fund-amoon/