Israel Active

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This article about Jerusalem’s rising innovators includes Housetable, which provides finance for families below the normal bank-lending threshold. Housetable uses Artificial Intelligence to deduce how much a home would be worth on completion of renovation work.

Eran Kravitz, co-founder and CTO of Israel’s Shopic (see previously) describes his company’s shopping device and system that speeds up the checkout process. Shopic is working with Israeli supermarket giant Shufersal and several North American supermarkets.

Following the success of a Free Trade Agreement with the United Arab Emirates (see previously), Israel has successfully completed the first round of FTA talks with Bahrain. Israel’s Economy ministry remarked on the “quick progress in the negotiations”.

The Jerusalem Post Group held its “Global Investment Forum 2022” in Marrakech, Morocco. Israeli companies presenting included and . Other topics included (tourism), (tourism and conferences), and the .

The S&P rating agency has confirmed the credit rating of the State of Israel at its previous level of AA-. It said Israel manages a solid economy, strong fiscal indicators, strong external accounts, had recovered admirably from the COVID-19 crisis and recorded relatively high 2021 growth of 8.6%.

Israel’s Zooz Power is piloting its system for fast charging electric vehicles at New York’s La Guardia airport. The 12-month pilot should expand into a full-blown partnership. Zooz ran a pilot with Wien Energy at Vienna’s international airport and is establishing five charging points in Germany.

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Global cloud-based payments service provider Checkout.com has opened an R&D center in Tel Aviv. It plans to recruit 100 employees over the next two years. “The talent in the Israeli market represents some of the brightest minds in technology”, said Checkout.com’s Chief Product Officer.

Some 100 Israel companies are active in the construction tech sector. In addition to designing, planning, or building structures or buildings, they also include building information modeling (BIM), augmented reality, and geospatial technologies already in use by smart cities.