Author Archives: MichaelOrdman

Ice hockey to help the needy

75 players from the US, Canada, Europe, and Israel competed in the 12th annual Israel Recreational Hockey Association Tournament at the One Ice Arena outside of Netanya. The event raised funds for Leket Israel, Israel’s National Food Bank. Many players … Continue reading

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Promoting tennis to Arabs

The Israel Tennis & Education Centers (ITEC) is using the Abraham Accords to encourage Arabs in Israel and elsewhere to take up tennis. In Jan, ITEC players and coaches flew to Bahrain. The ITEC is also running programs for Arab, … Continue reading

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Volleyball team reaches Euro final

Maccabi Tel Aviv’s volleyball team made history after it qualified for the final of the Volleyball Challenge Cup, becoming the first Israeli team to reach a European final. The final will take place on March 5th and 15th. https://www.ynetnews.com/culture/article/rkjel8jai

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Double agents

At the OurCrowd Global Investor Summit, actor Lior Raz and Fauda cofounder Avi Issacharoff revealed some secrets that would have shocked their spy characters – they are big fans of romantic comedies! They also said that the Startup Nation’s TV … Continue reading

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Share your embarrassing moment

The Avraham Hostel in Tel Aviv is hosting Fadichot Night on Feb 28. A “Fadicha” (plural: Fadihot)” is an Israeli word for an embarrassing moment. This Fadichot Night’s theme is “the Travel Fadichot”. Tell your story or just listen – … Continue reading

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Double boost for Israeli air travel

Israel’s three airlines (Israir, El Al and Arkia) are renewing their direct flight routes to Turkey, which were suspended in 2008. Also, for the first time, Oman has given permission for all planes from Israel to fly through its airspace, … Continue reading

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Hundreds of startups

The 2023 OurCrowd Global Investor Summit in Jerusalem featured 200+ Israeli startups that exhibited, presented, and pitched to 6,400 (some say 9,000) attendees. https://baltimorejewishlife.com/news/news-detail.php?SECTION_ID=37&ARTICLE_ID=160947 https://www.jns.org/at-ourcrowd-summit-in-jerusalem-an-explosion-of-innovation/

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Investment in Israeli startups to 26/2/23

Enlight Renewable Energy raised $252 million (IPO); Via Transportation raised $110 million; Chain Reaction raised $70 million; Descope raised $53 million; Chaos Labs raised $20 million; MDI Health Technologies raised $20 million; Oligo Security raised $20 million; OpenEyes raised $18 … Continue reading

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Rise in trade & tourism from Arab countries

Total trade between Israel and Abraham Accords countries increased from $593 million in 2019 to $3.47 billion in 2022. Some 5,200 tourists entered Israel from the United Arab Emirates, Bahrain, Morocco, Kosovo, and Sudan in 2022 – up 52% from … Continue reading

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Liquidity Group becomes a Unicorn

Israeli fintech company Liquidity Group (see here previously) has raised another $40 million from Japanese banking giant MUFG Bank at a valuation of $1.4 billion. Liquidity provides capital mainly to later-stage technology companies for businesses around the world. https://www.calcalistech.com/ctechnews/article/rjhmtaeco

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