Partners to secure autonomous vehicles
French automotive supplier Valeo is partnering Israel’s C2A Security (see previously) to enhance Valeo's cybersecurity offerings on their products in development and in operation. The automotive industry continues to realize the importance of cyber security.
Let’s start at the very beginning
Rabbi Nosson Rodin of the Braude College of Engineering in the Galilee organized an event to advise budding entrepreneurs in Israel’s north how to establish a startup. Rabbi Rodin is founder of Project UP-START for young adults who lack a business-oriented background.
Learning to do business in the US
The Merage Institute is again training the leaders of Israeli companies to help them improve their marketing in the United States.
Israel inside
Brief but interesting analysis of the importance of Israel in the strategy of Intel Corporation. Intel now has 34 Israeli Vice Presidents. 10% of the employees at Intel’s headquarters are Israeli.
NIS 10 billion budget surplus
For the first time in 35 years, Israel achieved a budget surplus in 2022 - of $2.85 billion, mostly financed by a 14% increase in tax revenues. Hopefully, this will help plans to lower Israel’s cost of living. GDP growth in 2022 was 6.3%, one of the highest in the OECD.
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 major challenges in the Gulf.
Powering up the US
Israel’s Zooz Power (see 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 systems in Israel.
Exits, takeovers and mergers
Israel’s has acquired Israel’s for approximately .
US-based RMS has acquired Israeli fraud detection startup for over .
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 who no longer requires it. Boeing will adapt it for El Al.
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 previously).