Monthly Archives: January 2021

Record year for Intel

Posted on January 31, 2021

Intel Israel’s 13,000 employees have just received huge bonuses as recognition of their contribution to Intel Corporation’s best-ever year. Despite (or because of) the pandemic, the global demand for technical products increased Intel’s revenue by 8% in 2020 to $78 … Continue reading →

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New York to Tel Aviv flights

Posted on January 31, 2021

American Airlines has announced a 6th May start date for its direct flights between New York JFK and TLV Ben Gurion airports. Tickets went on sale on 25th Jan. American has also announced direct flights from Dallas, Texas and Tel … Continue reading →

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New gas pipeline to Egypt

Posted on January 31, 2021

Israel Natural Gas Lines Ltd. is to lay a new subsea pipeline to export Israeli natural gas to Egypt. The $228 million route will send as much as 7 billion cubic meters of gas annually to Egypt. Gas is expected … Continue reading →

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UAE-Israel tech fund

Posted on January 31, 2021

Israel’s Liquidity Capital and Dubai’s Vault Investments have formed a joint Venture Debt Investment fund with more than $100 million based in Dubai. It will finance tech companies across the Middle East, North Africa, and Europe to create new growth … Continue reading →

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Economic resilience is down to technology

Posted on January 31, 2021

Israel has been able to survive the Covid pandemic better than most OECD countries due to its hi-tech exports. Despite high unemployment, Israel’s hi-tech companies have attracted record levels of investment by both the government and global markets. https://www.youtube.com/watch?v=eZ7Nbuyr5cs

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Saving 50% of the tomato crop

Posted on January 31, 2021

The Israeli Vegetable Seeds R&D center of multinational Syngenta has developed a new tomato variety. It is the first to be resistant to the tomato brown rugose fruit virus (ToBFRV), which over the past six years has ruined more than … Continue reading →

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Israel’s largest solar power plant

Posted on January 31, 2021

The Israeli government has issued a tender for the construction of the largest photo-voltaic solar power plant in Israel, near Dimona. It will cover 3,000 dunams (750 acres) and include battery storage. Already an unprecedented 27 consortia have submitted applications … Continue reading →

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Protecting against digital fraud

Posted on January 31, 2021

Peruvian bank Banco de Comercio has selected Israel’s Paygilant to bolster its newly established digital channel.  Paygilant secures digital and mobile banking services by intelligently analyzing transaction data for its risk of being fraudulent. https://paygilant.com/news/israeli-anti-fraud-technology-powers-digital-banking-at-the-foothills-of-the-inca-empire/ https://paygilant.com/ https://www.youtube.com/watch?v=xDFXqhdfR28

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Flying pizza

Posted on January 31, 2021

Pizza Hut Israel is said to begin June trials for pizza delivery drones. Multiple orders will be delivered to approved landing zones – e.g. parking lots – where a driver will collect them and take them to individual customers. Israel-Australia … Continue reading →

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AI construction

Posted on January 31, 2021

Israel’s Swapp provides real estate developers and construction companies with a single platform to build their entire construction planning project. It says it simplifies the fragmented planning process, allowing developers to create architectural plans within weeks instead of up to … Continue reading →

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