El Al to fly to Dublin & Dusseldorf
Israel’s national carrier El Al Israel Airlines is launching new routes from Tel Aviv to Dublin and Dusseldorf. The thrice-weekly services commence in May and June 2020.
Three more routes for Arkia
Arkia Israeli Airlines is launching new direct routes connecting Tel Aviv with Rome, Athens, and Prague. The twice-weekly services commence in September.
Porsche invests more funds
I’ve reported previously on Israel’s road visibility chipmaker TriEye, and on previous investments by German car maker Porsche into Israeli auto-tech startups . Now, Porsche has led an investment of £19 million into the Israeli startup.
Samsung expands R&D in Israel
Samsung has signed a 25-year lease on 9,000-square-meters of office space in Tel Aviv’s Azrieli Town building. The six floors will accommodate 500 employees for the planned expansion of its research and development division in Israel. See for Samsung’s many activities in Israel.
Analyzing connections in Avis cars
I reported previously on the partnerships that Israeli connected car data startup Otonomo has made with Daimler/Mercedes, Skoda and Jaguar/Land Rover. Now Otonomo is to help the Avis Budget Group streamline its connected car fleet.
Over one thousand backers for ALS therapy developer
I reported previously on Israel’s NeuroSense, which is developing a treatment for amyotrophic lateral sclerosis (ALS). NeuroSense has just raised NIS 4 million from over 1,100 backers in a crowdfunding campaign.
Direct flights from Dallas
American Airlines is launching a non-stop service from Dallas/Fort Worth, Texas to Tel Aviv. The 3-flights-a-week operation will commence in Sep 2020 and will be American Airlines’ first direct service to Israel since 2015.
Summer jobs lead to hi-tech careers
During the summer months, many Israeli hi-tech companies offer 10-week paid internship programs to the children of their employees. The students receive practical experience, while the company gets highly motivated temporary workers for little recruitment cost.
Emigration from Israel at record low
The number of Israelis moving abroad fell to the lowest level in more than three decades. Since 2002, emigration has fallen by half, from 27,300 emigrants in 2002 to 14,300 in 2017. Returning Israelis and new immigrants results in a net increase in Israel of over 22,000 citizens in 2017.
Billion-dollar exit for Clicksoftware
US software giant Salesforce.com has already acquired several Israeli startups and some 500 of their employees. But its latest $1.35 billion takeover of Israel’s workforce management software startup Clicksoftware, and its 700 employees, dwarfs all of them.