Repair the past, connect the future
Israel’s Krausz Industries have been connecting and repairing water pipes for about 90 years with millions of installations globally. Krausz has just been acquired by Atlanta’s Mueller Water Products for $140 million.
WeWork is worth $42 billion
I’ve reported previously on co-working office space company WeWork, co-founded by Israel’s Adam Neumann. WeWork has just received a $3 billion investment from SoftBank which takes the value of WeWork to a massive $42 billion (up from $20 billion in June).
All-time monthly tourism record
October 2018 was the best month ever for Israeli tourism, with close to half a million people entering the country. It was a 14% increase on Oct 2017 and the total number of visitors for the ten months of 2018 is 15% higher than for the same period last year.
Engie moves into the fast lane
I’ve reported previously on Israel’s Engie and its car maintenance decision software. Engie has just launched its Fleet app, to help car fleet operators, including rental and leasing companies, maintain their vehicles. Engie now has over 150,000 users in Latin America, the UK and Israel.
Financial security for top Latin American banks
I reported previously on Israel’s BioCatch, whose cybersecurity software prevents potential financial criminals from committing on-line fraud. BioCatch has just signed up seven tier-one banks in Brazil, Chile, Colombia and Mexico.
Indian airline evaluates TaxiBot
I’ve reported previously on Israel’s IAI’s TaxiBot aircraft towing system. Three Indian airlines (SpiceJet, Jet Airways and Indigo Airlines) are currently evaluating the system. A SpiceJet flight used TaxiBot for the first time to take off from Indira Gandhi International Airport in Delhi.
Direct flights from Manchester (UK) to Tel Aviv
El Al are to launch a 3-times-a-week direct service from Manchester UK to Tel Aviv, commencing 25th May 2019. “We’re going to make Israel even closer,” said Michael Strassburger of El Al, at the 2018 World Travel Market in London.
“Pitch in the Dark”
21 startups battled to win the favor of judges in complete darkness at an event hosted by Citigroup in Jaffa. The idea was meant to increase objectivity, however Avenews-GT, (an agricultural produce trading platform that uses blockchain technology) would probably have still won even with the lights on!
Israel values its security personnel
Israel knows how important it is to have good cyber security experts. This article highlights how highly this can be recognized.
Israel has the 8th cheapest Internet
UK company Cable.co.uk’s 2018 survey of Internet prices places Israel 8th cheapest in the world. Israel had ranked 18th in last year's report.