Google buys advanced Israeli security
IT giant Google has acquired the staff and intellectual property of Israeli start-up SlickLogin. The Israeli company is developing applications using ultrasound and smartphones, to allow users more easily to login securely. SlickLogin’s founders served in the IDF elite cyber security unit.
Foreign investors flock to Israel
Overseas investment in the Israeli Stock Exchange tripled in 2013 from $410 million in 2012 to $1.5 billion. Bio-techs, banks and communications companies were the most popular.
Israelis to provide Arabic web content
The UK-Israel Tech Hub has organized the Go Global Program for Digital Arabic Content Entrepreneurs. The Hub hopes to spark business ties between the Israeli companies and firms that can bring that technology to the Arabic-speaking world.
Recovering 27% of abandoned purchases
(Thanks to Atid-EDI) When an on-line customer abandoned his / her shopping cart in the past, that business was lost. Now, Jerusalem-based Abandonaid recovers 27% of abandoned business by persuading the customer to re-communicate. For almost every language and currency.
What is Israel worth to the EU?
Former Spanish Prime Minister Jose Maria Aznar presented a report on January 30 arguing that Israel is strategically vital for a secure, prosperous and influential Europe. Key areas include intelligence on terrorism threats, natural gas and 11% of European Research Council projects.
Israeli tourism growth – the bright spot in the region
Israel attracted an all-time record of nearly 3.6 million international visitors in 2013, up 2% from 2012. Tourism in the rest of the East Mediterranean was gloomier. Rarely publicized cooperation between Israeli and PA tourism officials facilitated easy access to Christian sites.
Mediterranean tourism fair to bring thousands to Israel
The 2014 International Mediterranean Tourism Market (IMTM) will feature "exhibitors representing just about every aspect of Israel’s tourism market.
Israel’s currency reserves at another all-time record
The value of the Bank of Israel’s deposits of foreign currency rose in January by $1.4 billion to a new record $83.1 billion.
What is China doing in Israel?
This brief summary shows how the Chinese discovered the start- up nation Israel and started to invest billions of dollars in Israeli technology. From agro-tech, medical, chemicals, tourism, solar energy and education to the massive project to turn Eilat into an alternative to the Suez Canal.
Israel’s top exporter of the year
In a ceremony in Tel Aviv Israel’s Economics Minister Naftali Bennett presented Ormat Technologies with Israel’s award for top exporter for 2013. Ormat’s environmental-friendly Energy Converter power generation unit converts geothermal heat into electricity.