Israeli economy gets more ‘A’s
Fitch announced this that it has affirmed Israel's 'A' rating and raised the country's outlook to 'positive'. It also affirmed Israel's long-term foreign and local currency ratings at 'A' and 'A+' respectively. The agency also raised the outlook on the foreign currency debt from 'stable' to 'positive'.
Apple buys Israel’s Prime Sense for $350 million
After 18 months of talks, Apple Inc confirmed that it has acquired Israel’s PrimeSense. PrimeSense’s gesture recognition hardware and software is embedded in Microsoft’s Kinect system used in Xbox 360 game consoles.
Three of the fastest growing companies are Israeli
Deloitte’s EMEA Fast 500 ranks three Israeli companies among the ten European technology companies with the highest rates of growth. MyThings (advertising) was placed second, Trusteer (IT security) was fifth and MyHeritage (family trees and genealogy) was tenth.
Mini-golf project gets good publicity
Newsletter subscriber Grant Crankshaw’s Headstart campaign to build a Bible-themed mini-golf venue in Ra’anana has been featured in top media articles. Here it is on Israel21c.
Working in Israel
A new book called “A Financial Guide To Aliyah and Life in Israel” teaches about your rights and benefits as an Israeli employee. Listen to the program “Aliya Fever” on Israel National News radio.
The best in business
Top speakers at Globes Israel Business Conference include OECD Secretary General Angel Gurría, Professor Stanley Fischer and Dr. Fatih Biron, one of the most influential experts in the energy industry. The event takes place at the Dan Intercontinental Hotel in Tel Aviv on Dec 8-9.
Don’t suffer unemployment – come to Israel
(Thanks to Nevet – www.BroaderView.org) Interesting article that suggests Americans should consider working in Israel after college. Between 4.8 and 14.7 per cent of US graduates cannot find jobs locally. Many American companies have specific jobs pages for their Israel sites.
Global and dynamic
Israel has been ranked second in the Global Dynamism Index science and technology sector of worldwide accountancy firm Grant Thornton International. Only South Korea was higher. Israel was eighth in the overall Global Dynamism Index rankings.
Engineering Israeli-UK projects
British engineering firm Arup is working with Israel’s national water carrier Mekorot and several Israeli start-ups, both globally and also to bring their technologies to Britain. Arup is supported by the UK Israel Tech Hub at the British Embassy in Tel Aviv.
Paraguay offers a springboard to Israeli trade
Paraguay’s visiting Trade and Investment Minister Gustavo Leite said that an Israeli-Paraguayan partnership would bring Israel’s hi-tech and technology to Paraguay whilst Israel would acquire an instant ability to expand its markets throughout South America.