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Monthly Archives: March 2023
Guns & Roses
American hard rock hall of famers Guns N’ Roses. including Slash and Axl Rose, will be returning to Israel for a show at Park Hayarkon in Tel Aviv, on 5th Jun. Their previous concert at the same site in 2017 … Continue reading
Backstreet Boys are back
The Backstreet Boys will perform in Israel for the third time at Live Park in Rishon Lezion on 13th May. Their last sell-out concert at the same venue in 2018 was to 16.000 fans. https://www.i24news.tv/en/news/israel/culture/1677076176-rock-your-body-backstreet-s-back-in-israel
Fitch still gives Israel an A+
Ratings agency Fitch affirmed Israel’s A+ credit rating with a stable outlook citing the country’s “diversified, resilient, and high value-added economy and strong external finances”. https://www.timesofisrael.com/fitch-affirms-israels-a-rating-but-warns-of-impact-of-planned-judicial-overhaul/
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Water to Argentina
Israel’s national water company, Mekorot, has signed agreements in Argentina, worth some NIS 11 million, to build comprehensive plans for the water sector in the provinces Catamarca, La Rioja, Rio Negro, Formosa and Santa Cruz. These add to previous plans … Continue reading
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Investment in Israeli startups to 5/3/23
Hexa raised $20.5 million; Gable raised $12 million; Quak raised $12 million;
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Exits, mergers and acquisitions
US Molekule has acquired Israel’s Aura Smart Air for $8 million
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Things are not as bad as the media portrays
Financial expert Aaron Katsman experienced the recent OurCrowd Global Investment Summit in Jerusalem and sums up the current investment situation. https://www.jpost.com/business-and-innovation/tech-and-start-ups/article-731859
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Israeli jewelry business is sparkling
Israel’s jewelry industry is on an upsurge. Worldwide exports totaled $873 million in 2022, compared with $791 million in 2021 and just $552 million in 2020. The main countries to which Israel exports are the US (65%), India, the UK, … Continue reading
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Israel and Taiwan tech ties
These two tiny countries pack a punch when it comes to technology. Israeli Arab Yoseph Haddad explores the Israel-Taiwan tech relations in this video. https://www.youtube.com/watch?v=3PPGmYlx1L8
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First flight over Oman
The El Al pilots of the very first Israeli flight over Oman, travelling from Tel Aviv to Bangkok said, “The Israeli flag will fly over Oman for the first time. Our flight time will be shortened by two and a … Continue reading
Posted in Economy & Business
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