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Minister of Economy and Industry Eli Cohen and Israel's ambassador to the United Nations, Danny Danon, opened the festive salute marking 70 years of Israeli innovation at the UN headquarters in New York, attended by more than 500 diplomats and community leader Jewish community in North America. Minister Cohen arrived on an official visit to Canada and the United States as head of a government delegation including Chief Scientist and Chairman of the Innovation Authority, Dr. Ami Appelbaum, Head of the Foreign Trade Administration, Ohad Cohen, and Chairman of the Export Institute Adiv Baruch.

Dutch health giant Philips buys the company from Caesarea founded by entrepreneur Shlomo Ben Haim, who also serves as chairman. According to the deal, Philips will pay 250 million euros in cash and another 210 million euros if the Israeli company meets its milestones. The Israeli company develops cardiac imaging systems and serves as a navigation system for patients with heart failure disorders.

The IDF's experiments in intercepting fire-kite-flying by means of multicopter drone proved to be a failure because of the low success rates, but the army continues to use the drones against the fire-kites. Kite terror from the Gaza Strip continues despite the calm: 12 firefighting teams and four firefighting planes operated in the Carmia reserve to take over the flames in a major fire that broke out due to a firebomb that was launched from the Gaza Strip. It is estimated that 2,000 to 3,000 dunams of fire were burned in the reserve area.

The Knesset's Interior Committee approved the regulations for a work permit for Israeli investors in the US According to the agreement, Israelis and US residents will be able to invest in each other's country and receive a work permit on an investment basis only. Until now, Israelis who wanted to obtain a work permit in the US, even for the purpose of starting a business, were forced to meet strict threshold conditions such as proof of unique knowledge, exceptional achievements, seniority or demand from the applicant to prove that in the past he had already made real trade. The new...

The Ministry of Economy and Industry is launching a new program, allocating NIS 110 million to raise productivity in the industrial sectors in national priority areas and in Jerusalem Industrial enterprises whose sales turnover is up to NIS 200 million will be able to receive a grant of up to NIS 3 million for the following purposes: investment or upgrading in technological equipment of systems, improvement of operational excellence, empowerment of human capital, promotion of innovation and efficiency in resources and raw materials

Intel has announced its cooperation with two Israeli start-ups in the cyber field: Duality and Enigma. "I am proud that Israeli companies and partners are launching new solutions that use Intel technology to provide additional protection," said Rick Echeveria, vice president, software and services group and general manager of Intel's Global Platform Security Division, who visits Israel on the occasion of the Cyber ​​Week. Duality is a member of the team8, which is managed by the commander of the former Unit 8200 Nadav Tsafrir, which was founded in 2014 and is a hotbed for initiating and...

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...