Royal Air Maroc (RAM) is now operating four direct flights a week between Casablanca and Tel Aviv. The inaugural flight carried a Moroccan business delegation which was very positive about developing economic ties between the two countries (see Youtube video). … Continue reading →

US magazine Fast Company’s “most innovative companies” in 2022 include 11 Israelis (see here for previous years). They included Liveperson (see here), at 21st in the overall top 50 and an AI top spot. Israeli digital banking platform Lili (see … Continue reading →

Run:AI raised $75 million; SupPlant raised $27 million; Bright Security (NeuraLegion) raised $20 million; Competewith.com raised $15 million; Canopy raised $13 million; anywell raised $10 million; Affogata raised $4 million;

Israeli-founded SentinelOne is to acquire US-based Attivo Networks for $616.5 million. Israel’s Overwolf has acquired UK’s Tebex for $29 million.

Israeli fintech company Rapyd (see here previously) has reached a valuation of $15 billion, making it Israel’s highest value private company. Rapyd employs 600 people globally, including 330 in Israel. https://www.calcalistech.com/ctechnews/article/rkyicgswc

Checkers Drive-In Restaurants has selected Presto’s automated voice ordering for all its corporate-owned drive-thru restaurants. Developed using the conversational AI technology from Israel’s Hi Auto (see here) it aims to be deployed at all Checkers & Rally’s US restaurants in … Continue reading →

Ashdod Port Company has partnered with global venture capital firm 500 Global to launch a new accelerator program dedicated to maritime tech. Local startups include DockTech (see here previously), Naval Dome (cybersecurity at sea) and Eco Wave Power (see here … Continue reading →

Trade between New Jersey and Israel has soared during the pandemic. Exports to Israel increased by 41% to $461 million. Imports rose to 1.9 million. New Jersey exports to Israel consumer products, medical supplies, and natural products. Imports include energy … Continue reading →

Warming ties between Israel and Egypt have led to the expansion of air travel between the two countries.  A new route from Tel Aviv to southern Sinai resort of Sharm el Sheikh will commence in April. It follows the recent … Continue reading →

Mary Ng, Canada’s Minister of International Trade, completed a 3-day visit to Israel. She had productive meetings with Israel’s Economy & Industry Minister and its Minister of Innovation, Science and Technology. Discussions centered on building up trade and technology relations. … Continue reading →