UK-Israel trade increases
The British Embassy in Tel Aviv has reported that since the Brexit vote, from June 2016 to May 2017, 32 new Israeli companies have entered the UK market, investing £152 million and creating 888 new jobs.
$3.1 billion exports to US in 3 months
Israel Export Institute reported that Israeli exports to the U.S. amounted to $3.1 billion in the first quarter of 2017 - an increase of 5% over the same period in 2016. Medical equipment exports rose 23% to $650 million.
SodaStream’s Homoschlepiens ad
Watch Mayim Bialik (star of “The Big Bang Theory”) in her new commercial for Israel’s SodaStream. She humorously demonstrates how buying water and fizzy drinks in plastic bottles “makes no sense”.
$35 million exit for Camtek
I reported previously on some big orders that Israel’s Camtek had landed for its semiconductor inspection modules. Now Camtek has sold its whole Printed Circuit Board (PCB) business to China’s Principle Capital fund. Camtek’s Israeli-based and global operations remain intact.
SAP’s new Israeli HQ
I reported previously on software giant SAP’s Israeli R&D center and its attraction to the Startup Nation. SAP has shown its faith in Israeli technology and economy by building and moving into its new $67 million Ra’anana headquarters - the new home for its 800 R&D employees.
Start-up Nation meets Wall Street
New York City’s NEXUS: Israel education and networking conference, coordinated by American Friends of the Hebrew University of Jerusalem, brought together over 300 scientists, attorneys, venture capitalists and others to discuss Israel’s latest high-tech advances. See the amazing agenda.
Study for a degree in Law or Business in English
I reported previously about the opportunities to save a fortune in fees by studying for a Law or Business degree in Israel in English, and then finishing your qualifications in the USA. Israel’s College of Law & Business is holding its 2017 Open House on 2nd Aug.
CyberArk acquires Conjur
Israeli cybersecurity “giant” CyberArk has made yet another overseas acquisition by purchasing Massachusetts-based Conjur. Conjur’s revolutionary technology secures Development / Operations and increases CyberArk’s business prospects within the DevOps arena.
Israelis find oil in California
Israel’s Modiin Energy has found signs of oil during its preliminary drilling of the Mountain View project in Kern County, California. It now proposes production tests, to estimate the rate of production and the size of the reservoir in the prospect. Modiin is also testing at the nearby GrapeVine project.
Airport taxi monopoly ends
Travelers are now able to order taxis using the Gett app after landing at Tel Aviv’s Ben Gurion airport, ending Hadar-Lod Taxi’s monopoly on airport taxi services. Also, taxis bringing passengers to the airport can now wait to pick up arriving passengers, even those who haven’t pre-booked.