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Monthly Archives: January 2023
Dancing in Spain and Mexico
Israeli dancers have recently been entertaining audiences in Spain and Mexico. Israeli choreographer Sharon Friedman presented two works in the “Espacio Espiral, in Santander. Meanwhile, Israel’s Kamea dance company toured Mexico to celebrate the 70th anniversary of joint diplomatic relations. … Continue reading
Israeli cycling team returns to Tour de France
The Israel – Premier Tech (IPT) cycling team has been selected to compete again in the Tour de France. IPT was one of only six teams to achieve two Stage wins last year. IPT owner Sylvan Adams said that his … Continue reading
Abraham Accords transforms businesses
This article describes the work of the UAE-IL Tech Zone which focuses on building bridges between the two regions through tech. The group boasts more than 2,000 members. Also, the DANA Accelerator in Abu Dhabi, where women aim to solve … Continue reading
Posted in Economy & Business
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Powering up the US
Israel’s Zooz Power (see here previously) has signed an agreement with US-based Blink Charging for the marketing, distribution, sale, and deployment of the ZOOZTER-100 electric vehicle (EV) charging system in the United States. Zooz also just installed its first charging … Continue reading
Posted in Economy & Business
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Exits, takeovers and mergers
Israel’s Matrix IT has acquired Israel’s Zebra Technologies for approximately $18.5 million. US-based RMS has acquired Israeli fraud detection startup OrboGraph for over $100 million.
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El Al to buy its 17th Dreamliner
Israel’s El Al airline is soon to take delivery of two more Boeing 787 Dreamliners. Its 16th will be the 787-8 it ordered prior to the Covid-19 pandemic. It will also buy a 787-9 originally ordered by another Boeing customer … Continue reading
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Germany’s first fully automated supermarket
The new REWE Pick&Go store in central Munich is Germany’s first-ever 100% autonomous store, thanks to Israel’s Trigo (see here previously). https://www.trigoretail.com/rewe-launches-the-first-100-autonomous-store-in-germany/
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Shufersal to open SPAR stores in Israel
Israel’s largest supermarket chain Shufersal is to invest tens of millions of shekels to open at least ten SPAR stores in Israel, as well as sell SPAR products in Shufersal stores. The lower prices of SPAR products are expected to … Continue reading
Posted in Economy & Business
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Good news disguised as bad
This negatively headlined article on Israel in 2022 is mostly comprised of good news. Productivity increasing; hi-tech booming; unemployment decreasing; job vacancies increasing; education results improving; life expectancy rising. Can’t these journalists lighten up a bit? https://www.jpost.com/business-and-innovation/article-726058
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Preventing financial crime in the UAE
Dubai-based NOW Money is to use the AI anti-money laundering (AML) platform from Israel’s ThetaRay to help prevent financial crimes on its payments systems. ThetaRay’s SONAR cloud-based AML solution will monitor cross-border payments processed by NOW Money. https://www.businesswire.com/news/home/20221213005555/en/
Posted in Economy & Business
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