Israel Active

Israel’s Composite State of the Economy index increased by 0.2% in November. There was growth in manufacturing and in the exports of goods and services. Imports declined slightly.

The fund aims to help small and mid-sized Israeli enterprises alleviate the credit crunch caused by the debt crisis in Europe and global economic slowdown

Israel's 88 year-young President Shimon Peres has recently become the publisher of an online daily named Shimon Post. The daily edition has a pretty wide distribution and includes articles published on the world's leading media outlets on economics, politics and policy.

UK mobile phone giant Vodafone’s venture capital arm has made its first ever investment in Israel and first ever investment in a clean-tech company. CellEra Inc develops platinum free fuel cell technology for storing and converting energy at a significantly lower cost than technologies available on the market.

There was a welcome 0.3% fall in Israel’s Consumer Price Index to an annual 3.4%.

The chairman of Britain’s Virgin group attended the Bezeq Expo Communications conference. He was marketing his sub-orbital space trips, due to start next year.

Estimates are that the new gas strata discovered in Tamar's deep sands contains 0.5-1.5 trillion cubic feet of natural gas. The discovery also implies that there is more gas in the larger Leviathan field.

DSIT Solutions has won a NIS 45 million deal to supply, install and build infrastructure for its AquaShield sonar system for a government oil company in an undisclosed Asian country.

Florida Governor Rick Scott brought a delegation of 30 businessmen with him to the "Globes" Israel Business Conference.

Israel's Catalyst Investments and Shanghai-based OneGate Capital are setting up two joint venture China Israel Technology Funds. The funds will focus on clean-tech, agritech, advanced manufacturing, next generation IT, and other sectors where Israeli companies outperform.