Israel Start Up – Illinois learns from Israel
June 15, 2011 at 11:29 am | Posted in ICT, Investment, Israel, Life sciences, Medical Devices, Pharmaceuticals, R&D, Renewable energy, software, Start-ups, Telecommunication, Trade, Water | Leave a commentTags: innovation, investment, Israel, Start-up, venture capital
The Academy for Entrepreneurial Leadership traveled to Israel in March 2011 to experience and document Israel’s amazing start-up community. They met with various start-up companies, incubator programs, and venture capitalists to discover what makes Israel, an incredibly tiny country, so successful when it comes to new venture creation. they hope to apply what we have learned to inspire and enhance the start-up community in Illinois. This documentary feature was premiered at the Start-up Illinois Dinner on May 19th, 2011: Open link.
Thanks to my colleague, Mr. Yariv Becher, Israel’s Trade Attache to the Mid-West, based in Chicago, USA, for sharing this link with me.
Israeli Economy Grows 4.7% in 2nd Quarter
August 31, 2010 at 7:19 am | Posted in Israel, Trade | Leave a commentTags: economic growth, Israel
The Israeli economy grew at its fastest pace in over two years in the second quarter boosted by an increase in consumer spending and exports, surpassing earlier forecasts.
Domestic demand in Israel leaped 8.7 percent in the quarter. Exports, which make up 40-45 percent of economic activity, rose 15.8 percent as sales continued to rebound from the global financial crisis.
Annual inflation fell to a rate of 1.8 percent in July, staying within the official 1 to 3 percent inflation target. The Bank of Israel raised its benchmark lending rate for the fifth time this year to 1.75 percent, in an attempt to combat rising inflationary pressures stemming from surging housing prices.
Goldman Sachs Sees Israeli Growth Higher
August 11, 2010 at 9:14 am | Posted in Israel, Trade | Leave a commentTags: economic growth, Goldman Sachs, Israel
Goldman Sachs projects higher economic growth for Israel in 2011 than Israeli leaders have so far estimated. Goldman Sachs analyst Ahmet Akarli predicts 3.5% real GDP growth for Israel in 2010 and 4.3% growth in 2011.
The Bank of Israel currently predicts 4% growth next year, and the Ministry of Finance predicts less than 4% growth. Israeli economic leaders project lower growth forecasts for the next two years, due to the anticipated impact from the debt crisis in Europe.
Akarli forecasts 2.4% inflation for the full years of 2010 and 2011.
The State of Israel Joins the OECD!
May 11, 2010 at 8:01 am | Posted in export, import, Israel, Trade | Leave a commentTags: Angel Gurría, Dr. Yuval Steinitz, Israel, OECD
Minister of Finance, Dr. Yuval Steinitz: “Israel’s accession to the OECD brings great respect to the Israeli economy. Our accession was possible due to a responsible and balanced economic policy” Full Article
Israeli Growth Per Capita in 2009 2nd Highest Among OECD Countries
April 8, 2010 at 8:53 am | Posted in Israel, Trade | Leave a commentTags: Israel, Israel and the OECD
The Central Bureau of Statistics said that Israel’s GDP rose by an annualized 4.9% in the fourth quarter of 2009 and that growth for the year was 0.7%, slightly higher than earlier estimates. Given Israel’s population growth rate of 1.7%, GPD per capita only declined by 1.1%, placing it second among OECD countries for having the lowest negative growth per capita after Australia; the OECD average was minus 4%.
Israel’s central bank, Morgan Stanley and other financial institutions have forecasted 3.5% real GDP growth for Israel in 2010 in the absence of extraordinary developments, and Fischer has said the economy may grow more than that if the global recovery accelerates.
Israel’s Life Science Industry Meets Global Healthcare Challenges
April 7, 2010 at 2:01 pm | Posted in export, import, Israel, Life sciences, Medical Devices, Pharmaceuticals, South Africa, Trade | 1 CommentTags: Diagnostics, Drug Delivery, Healthcare costs, Healthcare IT, Healthcare system, highly skilled workforce, Medical Devices, Technology Transfer Organization, Therapeutics & Stem Cells, Why Israel?
Recently We recieved many requests from Israely Life Sciences companies, specifically in the area of medical devices, that are interested in finding a local partner in South Africa. I thought that it would be a good opportunity to introduce The life science industry in Israel to you and what it has to offer. Full article.
Solar Water Heaters from Israel on the Roofs of Sandton
February 22, 2010 at 12:18 pm | Posted in Africa, export, Renewable energy, Solar Water Heaters, South Africa, Trade | Leave a commentTags: Energy, Israel, Renewable energy, Solar Water Heaters, South Africa, Technology
Few days ago I visited the installation site of 117 solar water heaters on the roof of the Legacy hotel in Sandton. The Israeli-South African company Kayema installed equipment of the Israeli company Rand and has shown to everybody that it is possible! The Legacy hotel (still under construction) would be able to save about 16% of its energy costs. Full article.
Israel – where breakthroughs happen
February 21, 2010 at 1:21 pm | Posted in Agriculture, export, ICT, Irrigation, Israel, Life sciences, Medical Devices, Pharmaceuticals, Renewable energy, software, South Africa, Telecommunication, Trade | 1 CommentTags: Agriculture, environment, ICT, innovation, Irrigation, Israel, Life sciences, Medical Devices, security, software, South Africa, Technology, Telecommunication, water
Over the last two decades, Israel has become famous for its high-tech capacity, particularly in telecommunications, information technology, electronics and life sciences. Its capacity for innovation and highly-educated, skilled workforce has played a key role in its rating as a high-tech center next to Silicon Valley in California. Full article.
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