Israeli news station on US TV channel
Jewish Life TV will air Israel’s i24news on American cable and satellite networks. This is the first time that the Jaffa-based i24news will be shown to an American audience via television, and not just online. i24news will provide 15 hours of weekly magazine content.
Brazil to protect world cup with Israeli drone
The Brazilian Air Force will operate the new Hermes 900 UAV from Israel’s Elbit Systems to protect 2014 FIFA World Cup soccer games.
Intel backs OrCam’s glasses for the blind
Intel Capital is investing $15-20 million in Israeli artificial vision company OrCam Technologies. OrCam develops a range of visual improvement products for the visually impaired including a system enabling them to read content and interpret the world around them.
Israeli lottery raised NIS 5
billion. Israel’s National lottery raised more than $1.5 billion in 2013 – a 14% increase on 2012. Grants were given to build kindergartens, classrooms and municipal buildings. Scholarship funds, the arts and the sciences also benefited.
Israel’s currency reserves increase again
Israel’s deposits of foreign currency rose for the sixth consecutive month to yet another all-time record of $83.976 billion at the end of Feb 2014.
Budget deficit lowest in 2
years. Israel’s accumulated budget deficit fell to NIS 28.6 billion or 2.7% of GDP. It is the lowest since Aug 2011 and below the government's target of 3% of GDP.
Where dealmakers and innovators meet
Over 1,000 senior executives from around the world came to Israel Dealmakers Summit 2014 in New York to discuss innovation across key growth sectors including Digital Media, Cleantech, Mobile, Internet, Big Data, Semiconductors, Software, Healthcare and Telecom.
Nurturing female Israeli entrepreneurs
The UpWest Labs Female Entrepreneurship Program, funded by Google, is establishing a network of mentors in Silicon Valley and Israel. Its co-founder Shuly Galili said, “Israel leads the world in empowering women to take command.”
Send us a minibus
Israel’s Ototo ("just a second" in Hebrew) is attempting to change the concept of public transport with “travel-on-demand”. Ototo will use crowdsourcing to identify demand for passengers from a particular destination to another, and will send a bus or minibus.
Insulin products for Europe
Israeli biotech Insuline has announced a new European distribution agreement with 24Care, which will distribute InsuPad in the Netherlands and Belgium. InsuPad increases the effectiveness of Insulin injections, lowering the required dose and allowing flexibility on timing the injections.