PepsiCo is buying Israel’s SodaStream, producer of DIY soda makers, for $3.2 billion. Pepsi says it wants to offer healthier options in SodaStream’s environmentally friendly re-usable bottles. SodaStream will remain based in Israel and is paying large bonuses to all … Continue reading →

In 2017, Israel’s national expenditure on civilian research and development increased by 5% to a record NIS 57.8 billion (almost $16 billion), or 4.5% of Israel’s gross domestic product (GDP). https://www.calcalistech.com/ctech/articles/0,7340,L-3745147,00.html

Having just received S&P’s AA- credit rating, Israel’s rating has never dropped in the last 30 years. It has the second fastest growing economy in the OECD over the last decade. Unemployment is at a record low. Israel has over … Continue reading →

Tourists contribute over NIS 20 billion to the Israeli economy. The 3.6 million tourists in 2017 was 25% higher than 2016 and 2018 is up even more. New projects include Jerusalem’s cable car, the Tel Aviv to Jerusalem train, plus … Continue reading →

Israel’s exports to Gulf Arab states were worth nearly $1 billion in 2016, despite their refusal to recognize Israel or have diplomatic relations with it. Israeli exports outstripped those to allies and giant economies such as Russia and Japan. https://www.i24news.tv/en/news/international/middle-east/181924-180816-israel-s-exports-to-gulf-states-worth-almost-1-billion-study-suggests

I reported previously (see here) that UK Energy firm Centrica was investing in and acquiring Israeli startups.  It has now participated in a $18 million funding round for Israeli cybersecurity startup Indegy, which provides cybersecurity technology for industrial control systems. … Continue reading →