El Al’s new Dreamliner uses sustainable fuel
El Al Israel Airlines’ newest Boeing 787 Dreamliner flew from Boeing’s Seattle factory using 30% Sustainable Aviation Fuel (SAF). It is El Al’s first use of SAF, made from sources such as CO2 in the air and emits far less carbon than fossil fuels.
Investment in Israeli startups to 3/9/23
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Exits, takeovers & mergers to 3/9/23
US Dynatrace is Israel’s for NIS 40-50 million.
Israeli-founded, US based Cybersecurity has Israel’s . Israel’s
has acquired the patients of Colorado’s Viveve Medical.
Partnering to detect diabetic retinopathy
Customers of US retinal imaging and diagnostic company IRIS will be able to use AEYE-DS from Israel’s AEYE Health (see previously) for the autonomous detection of diabetic retinopathy.
The world’s second most Unicorn founders
Tel Aviv University has produced the second-most unicorn ($1 billion+) companies in the world, based on where their founders went to college. Stanford was the highest, but TAU was next, even beating UK’s Oxford University.
NIS 100 billion high speed train plan
Israel is planning a 100-billion-shekel ($27 billion) high-speed rail line from Kiryat Shmona in the north to the southern city of Eilat 400km (250-miles) away.
Flying high
Israel’s Arkia is starting flights from Tel Aviv to Sri Lanka in Oct. Meanwhile, El Al is to begin a Tel Aviv to Fort Lauderdale (Hollywood International) service in April plus six seasonal flights this year. However, the recent Jeddah to Tel Aviv flight, for Israeli passengers from the Seychelles, was a one-off.
BIRD invests $8 Million in 9 new projects
The Israel-U.S. Binational Industrial R&D (BIRD) Foundation is granting $8 million for 9 joint hi-tech projects. The Israeli startups are , Agromentum (), AlvaLinks, ContainerEyes, , NeuroTrigger, Oshi (formerly Plantish), , and .
Tax benefits for investors
The Israeli Knesset has passed the "Angels Law". It grants tax benefits to investors in the local high-tech industry as well as incentives for purchasing other tech companies based in Israel. Benefits take effect immediately. Foreign firms also get benefits for lending to Israeli startups.
Good news for Arab women and Haredi men
In 2020, 25% of Arab women aged 30-34 held academic degrees, double the percentage in 2010. In 2023, 45% of Arab women were employed, up from 33% in 2014. Among Haredi men, employment has reached 56%, up from 52% in 2014.