Israel Active

Tbilisi Mayor Davit Narmania promoted Georgia to 101 businessmen at the Georgia-Israel business forum. President of the Israel-Georgia Chamber of Business Itsik Moshe confirmed several multimillion dollar projects will be implemented in Georgia in the coming months.

Startups have been competing in 21 countries to win one of the 21 available places on “Start Tel Aviv” - a 5-day intensive boot camp in Israel in September. Here is the Danish winning entry.

More about Israel’s TravelersBox – developers of the handy machines installed at airports that stop you wasting your spare change. Redeem it from brands such as Starbucks, H&M, Skype, Paypal, iTunes, Google Play, GAP, and countless others. Or donate it to charity.

The Iranian Jewish community in Los Angeles and New York has been encouraging friends and family to invest in Israel Bonds. Iranian Jews typically give $100 Israel Bonds for weddings, bar mitzvahs, births and other happy occasions.

The 8,700 square meter Sarona Market has opened across from the Azrieli towers in the heart of Tel Aviv. It comprises 89 businesses and anticipates up to 15,000 visitors per day.

Israel’s Terra Partners is an “impact investment fund, specializing in startups with world-changing ambitions. It is not looking at fast exits but rather building sustainable companies.

July’s rise in the composite state of the economy was 0.3%. The main reasons were increases in goods exports and services.

Turkey’s Turcas Petrol CEO Batu Aksoy says that importing Israeli gas is beneficial to both countries. Turkey has no gas reserves but generates 50% of its electricity from gas. It pays high prices to gas suppliers, including Iran and Russia. A deal with Israel can also improve political ties.

Electricity rates will fall 7% in September. This is the second decrease over the past 12 months and means that annual electricity prices would have fallen by 16%. Reasons include increased renewable energy sources that are supplying the national grid.

Israel’s RWL Water has entered into a strategic partnership with Chinese infrastructure giant China Gezhouba Group Corporation (CGGC). CGGC implements major infrastructure projects in more than 100 countries and regions.