Israel Active

A delegation of some 100 Israeli importers visited Istanbul for B2B meetings with some 400 Turkish exporters. The aim is to reduce the cost to Israelis of food, cosmetics, construction materials, toys, baby products, furniture, textiles, household equipment and much more.

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Israel’s Hetz Ventures (see previously) has launched Hetz Executive Network, 200+ industry experts to help early-stage Israeli technical startups. It offers access to management-level leadership across engineering, R&D, security, data, product, and finance departments at large companies.

The Israel Innovation Authority is providing NIS 17.6 million to train and place 2,550 people into Israel’s high-tech industry over the next two years. It has selected 15 schemes, targeted ex-pats and new immigrants and focused on areas such as bio-convergence, medical big data, and food tech.

Israel’s Noam Bardin, ex-CEO of Israeli-founded Waze, has now launched New Post. The social media platform does not rely on advertising or subscription but on digital publishers charging users. It has over 67,000 active accounts, with some 350,000 more on the waiting list.

Jerusalem Mayor Moshe Lion took 80+ overseas officials including 52 mayors for a tour of Israel’s capital. From the Western Wall tunnels and historic Jerusalem to the construction of the new business park and hi-tech and bio-tech hubs. Preserving history while creating cutting-edge technologies.

The EuroAsia Interconnector (see previously) will connect the national electricity grids of Israel, Cyprus, and Greece. Israeli and Cypriot officials confirm that construction on the €2.5 billion first phase will now get underway, with 50% of the total cost secured.

Israel’s Dana Global is an investment platform for early-stage women-led start-ups in desert-related agritech, foodtech, water solutions and renewable energy. Dana has partnered Abu-Dhabi-based agritech investor Silal to attract Israeli women-led startups to the UAE ecosystem.

Dubai Multi Commodities Centre (DMCC) CEO Ahmed Bin Sulayem came to the Tel Aviv Stock Exchange to promote its free trade zone to hundreds of Israeli entrepreneurs. 78 Israeli companies operate in the DMCC, able to trade with businesses in countries that do not recognize Israel.

1,000 delegates from 30 countries attended the Nov 10 MIXiii Health-Tech.IL Conference in Jerusalem. They heard Israel Advanced Technology Industries (IATI) share their 2021 report that Israel’s 1,800 active life-sciences companies exported $5.2 billion of products in 2021 – over 20% more than in 2020.