November was another banner month for startups raising capital in Israel. A total of $840 million was raised last month. The following is a list of startups that raised money: AgriTask $8.5 million
Zim reported the following financial and operating highlights for the Three Months Ended September 30, 2019: Total revenues were $842.0 million compared to $840.7 million in Q3 2018, a 0.2% increase;ZIM carried 725 thousand TEUs compared to 730 thousand...
The Ministry of Energy unveiled a new plan that would bring the percent of the energy produced in Israel by alternative means to between 25-30% by 2030. The current plan calls for the country to reach 17% by 2030. According to Energy...
The Central Bureau of Statistics announced that prices rose by 0.4% in October vs. September. In addition, they reported that the price of apartments went up 0.2%. The price increase was expected. Over the last year, the cumulative price increase came to...
The Israeli political system remains paralyzed. On Saturday night, tens of thousands rallied in Tel Aviv's Rabin Square to mark the 24th year since his assassination, and to hear MK Binyamin "Benny" Gantz (who currently holds the mandate to form the government)...
The unemployment rate in Israel is once again at its historically lowest rate — 3.7%.  The rate, which had gone up to 4.1% in July, and dropped back to 3.8% in August, went down to 3.7% in September. The only negative data...
The third quarter of 2019 was another excellent quarter for Israeli start ups looking to raise money. A total of $2.24 billion was raised, making Q3 2019 the best quarter since 2013. The $2.24 billion was raised in a total of 142...
A few weeks ago I wrote an article about how expensive food is in Israel. As part of that article, I gave examples of the price of cereal in the US vs Israel. Apparently, that price difference was not sufficient for Unilever...
The average wage in Israel continued to rise, and stood at NIS11,004 in July, which represents an increase of 3.4% over the year before. While this is good news for the Israeli economy as a whole, most of the increase took place...
DLD Tel Aviv 2019 DriveNets announced today that it plans to open a R&D center in Romania. The Raanana-based networking company entered into this endeavor together with Tellence. DriveNets recently closed a $117 million Series-A round of financing. In making the announcement, Ido...