Israel Active

Ratings agency Fitch affirmed Israel’s A+ credit rating with a stable outlook citing the country’s “diversified, resilient, and high value-added economy and strong external finances”.

Israel’s national water company, Mekorot, has signed agreements in Argentina, worth some NIS 11 million, to build comprehensive plans for the water sector in the provinces Catamarca, La Rioja, Rio Negro, Formosa and Santa Cruz. These add to previous plans with provinces Mendoza and San Juan.

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Financial expert Aaron Katsman experienced the recent OurCrowd Global Investment Summit in Jerusalem and sums up the current investment situation.

Israel’s jewelry industry is on an upsurge. Worldwide exports totaled $873 million in 2022, compared with $791 million in 2021 and just $552 million in 2020. The main countries to which Israel exports are the US (65%), India, the UK, Sweden, Turkey, the Netherlands, Germany, and Italy.

These two tiny countries pack a punch when it comes to technology. Israeli Arab Yoseph Haddad explores the Israel-Taiwan tech relations in this video.

The El Al pilots of the very first Israeli flight over Oman, travelling from Tel Aviv to Bangkok said, “The Israeli flag will fly over Oman for the first time. Our flight time will be shortened by two and a half hours, which is very significant. We are very happy and excited to be here.”

Casablanca-based VC UM6P Ventures is seeking Israeli technologies to help scale up biotech solutions in Africa. It has invested in Israel’s ClimateCrop which edits crop genes to store more carbon and energy, to produce higher yields. Also Biotic bio-plastic polymers from sea algae.

The International Mediterranean Tourism Market at Tel Aviv Expo featured a record 750 exhibitors, 158 ​​booths, ambassadors, and delegations from over 40 countries including Morocco, Dubai, Japan, Spain, Turkey, Brazil, Italy, Montenegro, Azerbaijan, and Kyrgyzstan.