UAE Ambassador opens Tel Aviv Stock Exchange session
The opening of the Tel Aviv Stock Exchange by UAE’s Ambassador to Israel Mohamed Al Khaja was another sign of the close ties between Israel and the United Arab Emirates. A rare positive article about Israel, from the BBC.
Economy grows by 6.8%
Israel's GDP grew 6.8% on an annualized basis in the second quarter of 2022 thanks to recoveries in the tourism, aviation, hospitality, restaurant, and transport services sectors. GDP is 7.4% higher than at Jun 2021 - the highest growth recorded of any OECD country.
Preventing food waste in seven countries
Latest news about Israel’s Wasteless (see previously). It is now saving supermarkets in seven countries from throwing out expired food by using its AI to reduce prices dynamically as the expiry date approaches.
Investment in Israeli startups to 25/9/22
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Exits, takeovers and mergers to 25/9/22
Google has acquired Israel’s (an app I frequently use) for over .
US cybersecurity CrowdStrike has Israel’s .
Traveling together, so book together
Israel’s Joyned (see previously) has launched Joyned Booking, a travel tech solution that enables travelers to engage with friends while booking their trips. It turns travel websites into an interactive F&F booking experience.
Redefine Meat is going places
Plant-based New-Meat from Israel’s Redefine Meat (see previously) is now available in over 500 restaurants, hotels and other foodservice locations across Israel and eight European countries including the UK, Germany, the Netherlands and (just recently) Finland.
Clean energy
Three Israeli solar panel cleaning startups have been reported previously in this newsletter. , , and . Now there’s a fourth - Airtouch Solar, which uses an air blower to lift and push the dust forward horizontally along arrays of panels. The dust falls into the gaps between clusters.
R&D priorities
Israel’s National Council for Research and Development has added food tech, renewables, bioengineering, space tech and blue tech to its 14 civilian R&D priorities for the next five years. They already included AI, data science and quantum computing. It will distribute NIS 180 million a year in research grants.
Training for 10,000
Palo Alto Networks, Insight Partners, and executives from across the high-tech industry are establishing PLACE-IL - a new platform for recruiting and training employees. Its goal is to train 10,000 high-tech workers from underrepresented Israeli sectors such as Arabs, ultra-Orthodox, Druze and Ethiopians.