EMC opens new R&D centre in Israel
Data-storage equipment maker EMC Corp is opening an EMC Labs in Israel aimed at developing innovative technologies for storage, security and big data. It will focus on next-generation technology to address the challenges and opportunities in the world of information technology.
Invest in Israel
Another brilliant video, features the leaders of some of the world’s top companies extolling Israel’s cutting-edge technology and the major breakthroughs that are driving Israel’s economic miracle.
Inflation falls
An 8.1% drop in the prices of fresh vegetables means that Israel’s annual inflation is now running at 1.9%, just below the middle of the government’s target.
Israel attends WTO conference in Indonesia
Naftali Bennett was the first Israeli minister to visit Indonesia for 13 years when he attended the World Trade Organization conference in Bali. He made a speech to 157 economic leaders and signed a trade agreement designed to inject a trillion dollars into the world economy.
UK adtech delegation visits Israel
A delegation of advertising and marketing executives from Britain came to Israel to encourage tech partnerships between the two countries. They were shown Israeli cutting-edge technologies in the areas of visual search and exposure, social media, interactive video platforms, big data, real-time analytics, mobile advertising, content marketing and augmented reality.
German-Israeli incubator nurtures Israeli start-ups
Germany’s healthcare corporations Merck Serono has allotted 10 million Euros to an incubator for new Israeli companies at its Inter-Lab R&D center in Yavne. The latest startups to join are Chanbio (MS antibody treatment) and Metabomed (cancer metabolism).
Single Malt Israeli Whiskey is coming
In just 4 years time, Milk & Honey, Israel's first distillery will have the world's first commercial Israeli single malt whiskey available in stores. For $79 you can be guaranteed a bottle of the first batch to be available in Dec 2017. Le Hayim (“to life”).
Israel is a major driver for Massachusetts’ economy
A new independent study shows that over 200 Israeli-founded businesses contributed $6 billion in direct revenue and over 6,600 jobs in Massachusetts in 2012.
Ben Gurion airport to double its capacity
Israel Airports Authority is to construct a 17,000 square meter “fourth arm” to Terminal 3 at Tel Aviv’s Ben Gurion airport to cater for up to 20 million passengers. Its runways will also be upgraded to allow for double the current aircraft traffic.
The Chinese market
(Thanks to Uri) Israeli firms are finding billions of new middle-class customers in the far-east superpower for Israel’s advanced medical and hi-tech products. Weekly flights between Tel Aviv and Beijing have just been increased from three to fourteen to cater for the increased business demand.