Unemployment is at the lowest ever level
Israel’s unemployment rate in February fell dramatically from 5.6% to 5.3% - the lowest adjusted rate ever recorded by Israel’s Central Bureau of Statistics.
“Doing good, while doing well”
has a mission to motivate investors and startups to develop real tangible and measurable benefits to mankind. It organized Israel’s first , primarily for investors, but showcasing 11 Israeli startups that can improve the health of society.
Economy improves
The Bank of Israel's Composite State of the Economy Index increased by 0.25 percent in February 2015. Reasons included increased house building, trade revenue and job vacancies. Also a surge in purchases of new cars, due to reduced taxes. And investment in Israeli hi-tech is surging ahead.
Israel Dealmakers Summit
About 250 Israeli startups and leading investors are taking part in the Israel Dealmakers Summit in New York. The summit is focusing on digital media, cleantech, Web infrastructure, medical equipment, big data and cloud computing. And (TY Michelle) Venture capitalists .
“Startup Nation” index.
The Tel Aviv Stock Exchange and BlueStar Indexes on Tuesday launched a “Start-up Nation Index” that will track Israeli tech companies listed both locally and internationally. The BlueStar Israel Global Technology Index (BIGITech) comprises 57 companies, with a total share value of $75 billion.
Watch this cyber-security company
Israel’s Sentrix has been named Network World / CIO as one of the 10 young cyber-security companies to watch in 2015. Sentrix protects websites against attack by innovative technology called “cloud replication and attack surface reduction” - acknowledged as a game changer.
Global leader in kids educational games
An excellent interview of Sagi Schliesser, CEO of Israel’s TabTale. Founded in 2010 to make kids games and education apps, it now publishes a game every week on iOS, Google Play, Amazon, and Windows. Its 350 games have been downloaded 600 million times.
Frutarom acquires more flavor
Israel’s Frutarom Industries has bought Belgian flavors company Taiga International. It is Frutarom’s sixth acquisition since the start of 2014.
Facebook hires more Israelis
Facebook Israel will be hiring 40 new employees - 30 for its R&D center and 10 for marketing. It is Facebook’s first recruitment drive since purchasing acquired Israeli startup Onavo in late 2013 and turning it into its Israeli R&D center.
Shopping for Israeli startups
Jonathan Wall, e-commerce director at UK’s Shop Direct, is in Israel to meet 15 Israeli startups, and hopes to find technology solutions to help increase his annual £1.7 billion sales of 50 million products to five million customers. (I featured Shop Direct’s link with Israel’s last year.)