Tel Aviv Stock Exchange opens new building
The Tel Aviv Stock Exchange has opened for trading in its new building on Rehov Ahuzat Bayit in Tel Aviv. It has 10 floors, with the computer center below ground.
NIS 4.8 million to convert to gas
The Israeli government has issued grants of 4.8 million shekels to convert 16 factories to natural gas. 4 million shekels were given in 2013 to 16 other factories for the same purpose. Using natural gas will save money in the long term and cut pollution from using coal and diesel fuels.
Unemployment down again
Israel's unemployment rate fell in July, to 6.2%, from 6.5% in June. The number of people in full-time jobs (35 or more hours per week) rose by some 27,000, or 1% compared to June.
Israel’s tech start-ups “thriving” despite Gaza conflict
Embassy of Israel in London’s Nathan Tsror says, "Despite the fact that over 70 per cent of the country has been exposed to increased volumes of rocket attacks, the robust Israeli economy continues to operate as normal with very little impact from the conflict."
Jordan to buy $15 billion of Israeli gas
The Leviathan partners signed a Memorandum of Understanding (MOU) with Jordan for the export of $15 billion of gas over 15 years. The agreement will make Israel Jordan's principle supplier of natural gas in the coming decades.
Developing water in Kazakhstan
Israel's Mekorot National Water Company has signed a memorandum of understanding with the government of Kazakhstan for a program to develop the country's water resources. Geographic constraints are causing a water shortage in Kazakhstan.
Israel secures European nuclear power station
(Thanks to Atid-EDI) Israel’s DSIT Solutions has received an order for its Underwater Security System to protect am unnamed European Nuclear Power facility.
Tracking cargo in Africa
(PR Newswire) Israel’s Pointer Telocation has been awarded a $1.3 million supply contract to provide tracking solutions for an unnamed customer in Africa. Pointer’s advanced cargo and monitoring devices will enable safe and efficient delivery of goods between various countries in Africa.
Israel launches first Asian start-up incubator
StartupEast is the only accelerator in Israel having extensive business networks across Asia, including Singapore, Hong Kong and Seoul. Its goal is to bridge between Israeli innovation and the immense market opportunities, which Asia presents.
Apple opens Israeli sales office
(Thanks to Nevet – ) Technology giant Apple will soon open an official office in Israel for marketing and sales. Apple already employs 600 (mostly Research & Development) staff. Apple is building new offices in Herzliya Petuach to house all its employees.