Israel's national debt has been increasing in recent years, largely due to increased government spending and reduced tax revenues. The COVID-19 pandemic has also had a significant impact on the economy, leading to further borrowing and increased national debt. According to the Bank of Israel, the country's national debt stood at approximately 73% of GDP as of the end of … [Read more...] about Israel’s national debt has been increasing in recent years
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Putin is not popular in Israel
The sign on the wall of dilapidated building in Haifa says "Putin is shit" in Russian. It is true that Russian President Vladimir Putin is not particularly popular in Israel. There are several reasons for this. Israel has a complex relationship with Russia due to historical, political, and strategic factors. While Russia has historically had ties with Israel's Arab … [Read more...] about Putin is not popular in Israel
Mass Demonstrations Held Across Israel Against Proposed Judicial Reforms
On Monday, large-scale demonstrations were held in Jerusalem, Tel Aviv, and Haifa, with many Israelis taking to the streets to protest against proposed changes to the country's judiciary system. The proposed reforms have been a topic of heated debate in the Knesset, the Israeli parliament, and a first reading of the bill was scheduled for the same day. The demonstrations, … [Read more...] about Mass Demonstrations Held Across Israel Against Proposed Judicial Reforms
Israel-based company CaPow has raised $7.5m in seed funding to commercialize its battery-free perpetual power delivery system for robots
Israel-based company CaPow has raised $7.5m in seed funding to commercialize its battery-free perpetual power delivery system for robots in logistics centers and industrial facilities. CaPow's technology eliminates robots' dependency on lithium-ion batteries and reduces costs, as there's no downtime due to charging, while cutting the carbon footprint. The investment round was … [Read more...] about Israel-based company CaPow has raised $7.5m in seed funding to commercialize its battery-free perpetual power delivery system for robots
Hermon Mountain Kicks Off Exciting Ski Season: Winter Sports Enthusiasts Flock to the Slopes
The ski season has officially begun at Hermon Mountain in Israel, and winter sports enthusiasts are already flocking to the slopes. With its stunning natural beauty and top-notch facilities, Hermon Mountain is quickly becoming one of the most popular destinations for ski and snowboarding enthusiasts in the region. Located in the northern part of Israel, Hermon Mountain … [Read more...] about Hermon Mountain Kicks Off Exciting Ski Season: Winter Sports Enthusiasts Flock to the Slopes
IMTM 2023: The Premier International Tourism Fair in Israel February 14th to 15th, 2023 at the Expo Tel Aviv
IMTM 2023, the premier international tourism fair in Israel, is set to bring together professionals from the tourism and travel industry for networking and partnership opportunities. With over 1300 exhibitors from 50 countries and an expected attendance of over 20,000 visitors, IMTM provides a unique in-person experience that allows participants to meet established contacts and … [Read more...] about IMTM 2023: The Premier International Tourism Fair in Israel February 14th to 15th, 2023 at the Expo Tel Aviv
Ibex’s AI-Powered Galen Prostate Diagnostics Receives CE Mark Under EU’s IVDR, Making It the First Standalone Cancer Diagnostics Solution in its Kind
Ibex Medical Analytics, a leading AI-powered cancer diagnostics company based in Tel Aviv, Israel, has announced that its Galen™ Prostate solution has received CE marking under the In Vitro Diagnostic Medical Devices Regulation (IVDR) for supporting pathologists in the primary diagnosis of prostate biopsies. Galen Prostate is the first standalone AI-based cancer … [Read more...] about Ibex’s AI-Powered Galen Prostate Diagnostics Receives CE Mark Under EU’s IVDR, Making It the First Standalone Cancer Diagnostics Solution in its Kind
ZOOZ Power, an Israeli developer of flywheel-based power boosting solutions for the electric vehicle (EV) charging industry, aims to accelerate its global expansion
ZOOZ Power, an Israeli developer of flywheel-based power boosting solutions for the electric vehicle (EV) charging industry, has appointed two former executives to its senior management team. Eyal Blum has been appointed as Chief Revenue Officer and Kevin Pugh as Vice President of Sales for West Europe. Mr. Blum has over 20 years of experience in business development, with a … [Read more...] about ZOOZ Power, an Israeli developer of flywheel-based power boosting solutions for the electric vehicle (EV) charging industry, aims to accelerate its global expansion
Real estate bubble in Tel Aviv
The real estate market in Tel Aviv, Israel, has seen significant growth and demand in recent years, leading to concerns of an overpriced and potentially inflated market, often referred to as a real estate bubble. A real estate bubble occurs when the prices of properties in a certain area increase rapidly and unsustainably, outpacing the growth of the local economy and income … [Read more...] about Real estate bubble in Tel Aviv
Over 6,000 attendees from over 70 countries are expected to visit the OurCrowd Global Investor Summit in Jerusalem on February 15, 2023
The OurCrowd Global Investor Summit, the largest investment event in the Middle East, is set to take place in Jerusalem on February 15, 2023. Over 6,000 attendees from over 70 countries are expected, including delegations from the Middle East, North Africa, Asia, Latin America, Europe, and the US. This year's Summit marks the 10th anniversary of OurCrowd and $2.1B in investment … [Read more...] about Over 6,000 attendees from over 70 countries are expected to visit the OurCrowd Global Investor Summit in Jerusalem on February 15, 2023
Wisor AI Secures $8 Million in Seed Funding for Supply Chain Modernization
The Israeli fintech startup Wisor AI has raised $8 million in seed funding to digitize the global supply chain industry. The funding round was led by Team8, with participation from Ocean Azul and Hico Investment Group, among others. Wisor's AI-powered technology aims to help freight forwarders plan, price, and book shipments in seconds instead of hours or days. The software … [Read more...] about Wisor AI Secures $8 Million in Seed Funding for Supply Chain Modernization
The French FREMM Frigate Alsace arrives to Haifa Port
The French FREMM frigate arrives to Haifa Port. The French FREMM (Frégate Européenne Multi-Mission) is a class of multi-mission frigates used by the French Navy. It is designed for a wide range of missions including anti-air, anti-surface, anti-submarine warfare, intelligence gathering, and crisis management operations. The FREMM frigate features modern technology, such as … [Read more...] about The French FREMM Frigate Alsace arrives to Haifa Port
DLD 2023 is a celebration of innovation that took place in Tel Aviv, Israel from February 1-3, 2023
DLD 2023 is a celebration of innovation that took place in Tel Aviv, Israel from February 1-3, 2023. The festival aimed to showcase the latest developments in technology, science, and creativity and brought together a diverse group of individuals, including entrepreneurs, investors, experts, and enthusiasts. During the event, attendees had the opportunity to attend keynote … [Read more...] about DLD 2023 is a celebration of innovation that took place in Tel Aviv, Israel from February 1-3, 2023
Cybertech 2023 was a highly anticipated event in the world of cybersecurity
Cybertech 2023 was a highly anticipated event in the world of cybersecurity. The conference brought together leaders and experts from across the globe to discuss the current and future state of the industry. The conference was held in Tel Aviv, Israel, and was attended by government officials, executives from the private sector, and cybersecurity experts from different … [Read more...] about Cybertech 2023 was a highly anticipated event in the world of cybersecurity
Seawater into freshwater to refill Kinneret
Israel has taken a proactive approach to address its growing water scarcity crisis by building a series of desalination plants along the Mediterranean coast. This has helped the country to turn seawater into freshwater and refill its vital water sources, such as the Sea of Galilee. The Sea of Galilee, also known as Lake Kinneret, is one of the country's most important … [Read more...] about Seawater into freshwater to refill Kinneret
Israeli Mission to the UN, Israel’s National Cyber Directorate and Team8, Host Cyber Security Event at UN
NEW YORK, January 18, 2023 - The Permanent Mission of Israel to the United Nations, in cooperation with Israel's National Cyber Directorate (INCD) and Team8, hosted a cyber-security event yesterday at the United Nations (UN) to discuss the ways in which countries, governments and the private sector can collaborate to create a cyber-safer world. The event, themed “Stronger … [Read more...] about Israeli Mission to the UN, Israel’s National Cyber Directorate and Team8, Host Cyber Security Event at UN
Entrenched car culture leaves millions of Israelis in transport poverty
In Israel, a high percentage of the population relies on private cars as the primary means of transportation. This has led to a number of issues, including air pollution, traffic congestion, and a lack of investment in alternative forms of transportation. One negative consequence of the reliance on private cars is that it can leave certain groups of people in "transport … [Read more...] about Entrenched car culture leaves millions of Israelis in transport poverty
AIR ONE, an Israeli-made electric vehicle designed to fly commuters on short trips made its maiden unmanned flight
AIR ONE, an Israeli-made electric vehicle designed to fly commuters on short trips made its maiden unmanned flight. The company said the vehicle will be able to carry two people and fly up to 100 miles on a single charge https://t.co/4V8xwqHKMh pic.twitter.com/n1J6Htm4sn— Reuters (@Reuters) December 22, 2022 … [Read more...] about AIR ONE, an Israeli-made electric vehicle designed to fly commuters on short trips made its maiden unmanned flight
proteanTecs Named the #1 Most Promising Startup in Israel
Prestigious annual ranking is based on nominations from 86 leading investment firms HAIFA, Israel, Dec. 20, 2022 - proteanTecs, a global leader of deep data analytics for advanced electronics, has been named the Most Promising Israeli Startup 2022 by Globes, a leading Israeli business publication. proteanTecs topped the annual list of 10 groundbreaking startups, which is … [Read more...] about proteanTecs Named the #1 Most Promising Startup in Israel
How Israel grows and supports a culture of innovation
Israel has a strong culture of innovation and is often referred to as the "Start-Up Nation." There are several factors that have contributed to this culture of innovation in Israel: Military service: Military service is mandatory for most Israeli citizens, and this experience has been credited with fostering a culture of teamwork, discipline, and … [Read more...] about How Israel grows and supports a culture of innovation