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Jewish Business News


The Weekly Good News From Israel : Business, Science, Technology And More

In the 27th Jul 2014 edition of Israel’s good news:

Israel employment rate rise is highest in the OECD.  The Organization for Economic Cooperation and Development (OECD) has reported that between 2010 and 2014, Israeli employment rose 13% compared to the OECD average of 2%.  The employment rate for Israeli women was 6.5% higher than the OECD average.
Tel Aviv Stock Exchange joins Europe.  The General Assembly of the Federation of European Securities Exchanges (FESE) unanimously approved the application of Tel-Aviv Stock Exchange (TASE) to become an Affiliate member.  FESE has 21 Full members, 20 Affiliates and two Observer members.
We’re at war, and the stock market is up? Go figure!  Jon Medved, CEO of Israel’s OurCrowd is extremely bullish about the financial resilience of Israel’s economy during the current fighting against Hamas terrorists.
China boosts Israel ties.  A Chinese delegation, headed by Ren Zhiwu – deputy director-general of the High-Tech Industry Department of the National Development and Reform Commission (NDRC) – arrived in Israel, the first time the high-level government team has come to Israel.
Vietnam’s trade with Israel surges 53 per cent.  Trade between Vietnam and Israel increased significantly during the first half of this year, reaching US$426 million or increasing 53 per cent year-on-year.
Unlimited coffee is now available in New York.  Israeli start-up “Cups” is expanding its virtually unlimited coffee supply to New York. Using Cups app, individuals pay a fixed rate of $45 dollars a month to receive a coffee of their choice at participating shops every half hour. Or $27 dollars a month buys one coffee per day.

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25 Israeli start-ups to watch.  Forbes magazine has listed 25 Israeli startups to keep your eye on in 2014.  It says that Kaltura is most likely to be “one of the next billion-dollar exits” thanks to its wide-ranging video solutions platform. It also likes Petbnb, which pairs traveling pet owners with caretakers for their pets.
Google’s $100m Europe fund to invest in Israeli startups.  Five years after launching its Google Ventures investment fund, the Internet giant announced yesterday that it was launching a similar fund in Europe. Sources informed “Globes” that Google will also use the fund to make investments in suitable Israeli start-ups.
Mobileye is a $3-5 billion company.  Israeli collision avoidance solutions developer Mobileye is looking to raise $150 million in funding from its US public listing.  Mobileye has developed a camera-based system mounted in vehicles that reads the road ahead and is designed to help drivers avoid accidents.
Leviathan gas field is larger than expected.  The estimated size of Israel’s largest natural gas reserve was raised by 16 percent. An updated analysis based on 3D seismic surveys has calculated the field to hold 21.93 trillion cubic feet (620 billion cubic meters.
New process to diagnose blood clots in pregnant women.  Researchers at Soroka University Medical Center and Ben-Gurion University have developed a simple way to identify clotting problems early in pregnant women.  The team used a point system to determine a baseline to diagnose clotting disorders.
Eating whey protein before a meal helps control diabetes.  (Thanks to Michael H) Israeli researchers have discovered that consuming whey protein before a regular breakfast reduces blood sugar spikes after meals and also improves the body’s insulin response. This whey protein could help diabetics control blood sugar.
Spine support cage gets US & EU approval.  Formal US and European clearances have been granted to FLXfit, the world’s first 3D expandable interbody cage, developed by Israel’s Expanding Orthopedics.  The minimally invasive implant corrects spine deformities.

An app for diabetics to get immediate help in a crowd.  (Thanks to Israeli Shlomi Aflalo developed HelpAround, a crowdsourcing application for people with diabetes and other chronic diseases. It allows them to communicate and get immediate help from people in the vicinity.
Safer cancer radiation therapy.  Israeli startup Convergent RNR has developed MercyBeam, to improve radiation therapy for patients.  A patented lens collects most of the X-rays from any standard X-ray generator and focuses them at the tumor. It increases the therapeutic dose where it’s needed and not at surrounding tissue.

Green fabric printing.  Israel’s Kornit Digital Printing has developed water-based inks that are entirely organic, 100% non-toxic, vegan friendly and compatible with all types of fabric.  The company’s high-speed DTG printers are “revolutionizing” the industry with single step fabric printing and no additional finishing.

Student villages built from recycled shipping containers.  The Ayalim Association has built a series of ‘student villages’ throughout Israel. The latest in the city of Lod, not far from Israel’s international airport, has been constructed out of recycled shipping containers.

Mini-farms can feed a hungry world.  (Thanks to Hazel) Israelis Moti Cohen and Mendi Pollak won the $20, 000 top prize in the Pears Challenge. Their Livingbox “mini-farm” can grow vegetables anywhere, with a self-sustaining “closed loop” of energy and nutrition. The idea can help feed a billion needy people.
Saving water in agriculture.  Israel’s Netafim has completed a successful international pilot project of its uManage platform, which helps farmers to monitor irrigation/fertilizer performance and yields. The software analyzes wind direction, weather forecast, temperature, radiation, soil moisture and fertilizer.
The world’s first photonic router.  (Thanks to Nevet – Scientists at Israel’s Weizmann Institute have demonstrated for the first time a photonic router – an atom-based device that enables routing of single photons. It is a step towards building quantum computers that can process huge amounts of data.
Graduating in the greenest building in the Middle East.  32 Tel Aviv University Environmental Masters graduates received their MAs and MSc’s at a ceremony in the brand new Porter School of  Environmental Studies Building.
Israeli designs Singapore Airport’s bio-dome. Israeli architect Moshe Safdie is building a huge bio-dome at Singapore’s Changi Airport. It will contain lavish gardens and fluid waterfalls that will pour down from the dome’s roof. The dome will connect Changi Airport’s terminals 1, 2 and 3.



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