Author Archives: MichaelOrdman

We will dance again

Israeli dancers Liana Odikadze and Alexei Korovchenko won first place in the International Open Latin event at the World DanceSport Federation competition in Tbilisi. https://www.worlddancesport.org/Event/Competition/International-Open-Tbilisi-24019/Adult-Latin-61540/Ranking https://www.facebook.com/photo?fbid=979404747106957&set=a.225139202533519

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Special triathlon winner

In the Special Olympics European Triathlon Open competition held in Slovakia, Israel’s Ron Beck finished first in the CAT C M heat, completing the 750-meter open-water swim, 20-kilometer bike and 5-kilometer run in 1hr 11mins 46secs. https://www.specialolympics.org/stories/athletes/special-olympics-athletes-compete-in-the-second-challenge-family-triathlon-series https://www.facebook.com/photo/?fbid=977899567257475&set=a.225139202533519

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Irish success in Israel

Maccabi Tel Aviv’s Irish coach Robbie Keane has guided his team to the Israeli Premier League title in his first season at the Israeli soccer club. It was Maccabi Tel Aviv’s first Premier title since 2020. Keane rebutted criticism from … Continue reading

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Global Hatikvah

Voices from over 70 countries united in song to inspire hope and promote peace through a new rendition of Hatikvah.  Global Hatikvah is a collaborative project with the Israel Philharmonic Orchestra, the American Friends of the Israel Philharmonic, and the … Continue reading

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Still pro-Israel

The Jerusalem International Writers Festival, (May 27-30) will feature acclaimed American novelist, John Irving, the author of The World According to Garp. Irving said in a statement released by the festival, “I first came to Israel in April 1981. I … Continue reading

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When prophecies come true

Yisrael Rosenberg worked in high tech in the US until he made Aliyah. He now is an attendant at the Kotel (Western Wall in Jerusalem). His book “Only Good Tidings – Consoling Prophecies from the Bible” (if you can find … Continue reading

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Foreign currency reserves reach a record high

At the end of March, Israel’s reserves of foreign currency stood at $213.768 billion, nearly $7 billion more that at the end of Feb. They have since slipped back a little but shows that Israel did not, even when at … Continue reading

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Electric motor factory in India

Israel’s EVR Motors (see here previously) has become the first Israeli auto company to set up manufacturing in India. The automated facility will supply coils for approximately 20,000 motors per month, with plans to expand to around 100,000 motors to … Continue reading

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Startup investment – to 26/5/24

Finout raised $26 million; Nectin Therapeutics received $10 million from the Guangzhou-Israel Biotechnology Fund; Superlegal raised $5 million; RAAAM Memory Technologies raised $4 million.

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Exits, takeovers and mergers – to 26/5/24

Alicorn Galaxy is acquiring Israel’s Glassbox (to de-list from TASE) for $150 million. Israel’s Argmax acquired Israel’s Ginzi to bolster its AI-powered customer support solution. Israel’s TIGI Solar acquired Austria’s SOLID. Israeli-controlled Delek Group (Ithaca) has bought the UK North … Continue reading

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