Articles by July, 2018

Six Israeli start-ups, presenting innovative technologies in the areas of health, agriculture and water, have reached the final stage of the ibridge to the innovation program of Israel-India, launched during the mutual visits of Indian and Israeliprime ministers over the past year. The six companies were selected from 18 Israeli companies that presented their technologies to Israeli and Indian company directors and investors at the Demo-Day event last week at the Urban Place in Shalom Tower in Tel Aviv.

On the occasion of the 70th anniversary of the establishment of the State of Israel, the leaders of the industry were presented as part of a festive event at the President's Residence in Jerusalem and in the presence of President Reuven Rivlin. The award was awarded to Stef Wertheimer, Yossi Vardi, Dan Propper, Sami Sagol, Maxine Fassberg, Yehuda and Zohar Zisapel, Giora Ackerstein, Rim and Imad Yunes, Shimon Eckhaus and Morris Kahn. The award is intended to express the appreciation of Israeli society to industry leaders who have contributed significantly to the development of Israeli...

The Knesset plenum approved in a second and third reading the bill of the chairman of the Economics Committee, MK Eitan Cabel, to shorten the waiting times for a professional human response to deal with malfunctions, clarify the state of the account and end the contract. The amendment will apply to all companies in the economy, including, in an unprecedented manner, also to banks and insurance companies, and will come into effect in another nine months.

The state of Israel is not properly prepared for an earthquake. Most hospitals in the north are not earthquake-resistant; 2,350 schools operate in buildings that are not earthquake-resistant; 99% of the public buildings that require reinforcement have not yet been strengthened. In fact, only 52 public buildings have been reinforced in the past decade, 50 schools and two hospitals have been partially renovated. State Comptroller Joseph Shapira's report on "preparedness for earthquakes - buildings and infrastructure" published revealed the enormous destruction expected in Israel during a...

From August 7 to 9, a team of Ford Motor Company developers will visit Tel Aviv, Nazareth, Jerusalem and Haifa and meet start-ups. The company will invite the best developers to participate in the September Challenge. Ford is looking for Israel's leading mobile application developers and service providers and invites them to take part in the company's Make it Driveable Challenge event, which will be held in Tel Aviv in September. The event will give mobile application developers and digital service providers access to Ford's development team and enable them to work with AppLink on the SYNC...

The Authority for Industrial Cooperation and Promotion of Foreign Investment in the Ministry of Economy and Industry publishes a detailed report presenting the contribution of multinational corporations to the Israeli economy, which was conducted in cooperation with the CBS, including a series of personal interviews with six CEOs and senior executives Leading multinational companies in Israel, Intel, IBM, Philips and GM, Flex and Unilever, are presenting for the first time an innovative quantitative study on the contribution of foreign companies to the Israeli economy

Facebook, the largest and most successful social network in the world, announced that it is acquiring the Israeli start-up Redkix. The acquisition price was not disclosed, but the market believes it is a $ 100 million deal. Following the acquisition,Redkix employees will become Facebook employees and join the giant social network

Takeaway.com, whose shares are traded on the Amsterdam Stock Exchange, has announced that it has signed an agreement to acquire Ten-Bis from co-founder Tamir Carmel for a cash payment of 135 million euros (NIS 575 million). This is a multiple of 10 on the company's revenues