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Monthly Archives: August 2018
Medals for windsurfers
Israelis Eyal Zror and Liam Segey came 1st and 2nd in the men’s U17 category at the 2018 RS:X Windsurfing Youth World Championships in France. Israelis Naama Gazit and Linoy Geva won silver and bronze in the main women’s event. … Continue reading
BBC admits Israel is creating UK jobs
What a contrast to the BBC’s normal biased anti-Israel reporting. BBC World’s “Talking Business” program included this feature by Jonathan Josephs. It highlights the UK-Israel Tech Hub as the ideal model to expand UK hi-tech business and create jobs post … Continue reading
Posted in Economy & Business
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Visa invests in Israeli Fintech startup
I reported previously (Feb 2017) on Israel’s Behalf which provides short-term loans having used hi-tech to decide on a company’s risk profile. Now financial giant Visa is partnering Behalf to “support small business growth”. Behalf’s clients receive a tokenized Visa … Continue reading
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Bringing Hungarians and Bulgarians to Eilat
Low cost Hungarian airline Wizz Air is commencing twice-weekly flights from November between Eilat and both Budapest and Sofia. Wizz already operates services from Eilat to London, Vienna, Bucharest, Riga, and Warsaw. https://www.calcalistech.com/ctech/articles/0,7340,L-3744163,00.html
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Gett generates $1 billion of revenue
Israel’s Gett makes 100 million rides a year, mostly with its London and NYC taxis. This generates around $1 billion in mobility services, according to Stockholm-listed venture capital firm Vostok New Ventures Ltd in its latest financial report. https://www.calcalistech.com/ctech/articles/0,7340,L-3744466,00.html
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Warren Buffet buys more Teva shares
Warren Buffett’s Berkshire Hathaway Inc. has upped its stake in Israeli biotech Teva by another 6.7%. Berkshire Hathaway now owns nearly $1 billion of Teva shares. https://www.timesofisrael.com/warren-buffet-ups-bet-on-ailing-drugmaker-teva/ https://www.calcalistech.com/ctech/articles/0,7340,L-3744381,00.html
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More Israeli hostels
Good news for backpackers. Latin American hostel and co-working company Selina and Israel’s Ampa Real Estate have been scouting locations in Tel Aviv, Jerusalem, Haifa and the southern Negev desert. Selina intends to open several hostels with a combined capacity … Continue reading
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El Al buys 16 Dreamliners
El Al has purchased 16 Dreamliners (Boeing 787s) in a $1.2 billion deal, which will gradually replace older Boeing 747 and 767 planes. El Al received its 6th Dreamliner in a ceremony with the PM’s wife Sara Netanyahu who dressed … Continue reading
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BBC “dragon” funds Israeli startup
Israelis Yosi Romano and Ziv Leinwand went on the BBC’s “Dragon’s Den” program, winning a £125,000 investment from star “dragon” Touker Suleyman. Their device protects babies from pollution, sucking in air, cleaning it and blowing it into the child’s breathing … Continue reading
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Indonesia selects Israel transportation app
The Asian Games (Aug 18 – Sep 2) doesn’t allow Israeli athletes to compete, but the host country Indonesia has chosen Israel’s Moovit as the games’ official mobility app. Moovit is the world’s most downloaded transit app with over 200 … Continue reading
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