1.Israeli exports: From $6M to $80B
Israel's exports rose from some $6 million 63 years ago to some $80.5 billion in 2010. While in the beginning Israel exported mostly citrus fruit and diamonds, and had very little industrial exports, the main component in the State's exports today is in the technological industries: Electronics, software and computerized systems, communications and medical equipment. Agricultural exports, which reached $1.3 billion in 2010, make up only 2% of Israel's exports these days. Read further http://www.ynetnews.com/articles/0,7340,L-4067275,00.html
3.Israel world's top investor in R&D
Israel is the world's top investor in R&D as a proportion of GDP in 2011, according to the World Competitiveness Index of 59 countries by Switzerland's IMD Business School. Israel is ranked 17th in competitiveness overall, the same as in 2010. Israel was also ranked first by IMD in the functioning of central banks. Hong Kong and the US tied for first place in global competitiveness this year, taking over from Singapore, which fell to third place.
4.Solution for Israel's water shortage on the horizon
From Shalomlife: The answer to Israel’s age-old problem of a lack of water appears one step closer to being solved with the announcement that financing has been secured for a $400 million desalination plant in the centre of the country. The plant, which will be built by SDL, slated for completion in 2013, will be the world’s second largest plant of its kind, expected to produce 150 million cubic metres of water a year. The European Investment Bank and Israel's two largest banks, Leumi and Hapoalim, provided funding for the project, which, through desalination, will account for more than 65 percent of the water needs of Israeli households.
5.Elbit Imaging invests $500M in India
Israeli conglomerate Elbit Imaging has announced its plan to invest $500 million in real estate projects in India, the Wall Street Journal reported last week. The company entered India in 2006 and has since invested about $400 million to buy land in central and southern Indian states. Elbit Imaging and its subsidiary Plaza Centers NV want to build a diversified real-estate portfolio in India, the report said, consisting of residential, office and retail projects.
6.Turkey Israel's 3rd largest export market in Q1
Notwithstanding political tensions between Israel and Turkey, Turkey rose to Israel's third largest export market in the first quarter from ninth place in the corresponding quarter of 2010, the Israel Export and International Cooperation Institute reports today. Exports of goods (excluding diamonds) to Turkey totaled $500 million in the first quarter, 73% more than in the corresponding quarter. Israel's top ten export markets are, in order, the US, the Netherlands, Turkey, Germany, China, Italy, the UK, India, France, and Canada.
1.Better Place: Electric cars this summer
Shalom Life: Better Place, the California start-up founded by Israeli businessman Shai Agassi, will begin selling electric cars in Israel this summer. Last month, Better Place introduced its battery replacement solution. These battery replacement stations, along with the thousands of charging stations being placed all over Israel, will make Israel the first fully electric networked country and a pilot for the rest of the world.
You may send a message around the world in one seventh of a second, yet it may take years to force a simple idea through a quarter inch of human skull - Charles Kettering
Israel's exports rose from some $6 million 63 years ago to some $80.5 billion in 2010. While in the beginning Israel exported mostly citrus fruit and diamonds, and had very little industrial exports, the main component in the State's exports today is in the technological industries: Electronics, software and computerized systems, communications and medical equipment. Agricultural exports, which reached $1.3 billion in 2010, make up only 2% of Israel's exports these days. Read further http://www.ynetnews.com/articles/0,7340,L-4067275,00.html
2.Elbit and Defense Ministry plan giant cargo UAV
"Defense News" reports that Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) is working with the Ministry of Defense to develop unmanned cargo plane, dubbed the "Flying Elephant". Sources say that cargo an unmanned aerial vehicle (UAV) is a "huge, slow, self takeoff and landing pallet carrier that would fly through high winds and land in austere, unpaved areas."3.Israel world's top investor in R&D
Israel is the world's top investor in R&D as a proportion of GDP in 2011, according to the World Competitiveness Index of 59 countries by Switzerland's IMD Business School. Israel is ranked 17th in competitiveness overall, the same as in 2010. Israel was also ranked first by IMD in the functioning of central banks. Hong Kong and the US tied for first place in global competitiveness this year, taking over from Singapore, which fell to third place.
4.Solution for Israel's water shortage on the horizon
From Shalomlife: The answer to Israel’s age-old problem of a lack of water appears one step closer to being solved with the announcement that financing has been secured for a $400 million desalination plant in the centre of the country. The plant, which will be built by SDL, slated for completion in 2013, will be the world’s second largest plant of its kind, expected to produce 150 million cubic metres of water a year. The European Investment Bank and Israel's two largest banks, Leumi and Hapoalim, provided funding for the project, which, through desalination, will account for more than 65 percent of the water needs of Israeli households.
5.Elbit Imaging invests $500M in India
Israeli conglomerate Elbit Imaging has announced its plan to invest $500 million in real estate projects in India, the Wall Street Journal reported last week. The company entered India in 2006 and has since invested about $400 million to buy land in central and southern Indian states. Elbit Imaging and its subsidiary Plaza Centers NV want to build a diversified real-estate portfolio in India, the report said, consisting of residential, office and retail projects.
6.Turkey Israel's 3rd largest export market in Q1
Notwithstanding political tensions between Israel and Turkey, Turkey rose to Israel's third largest export market in the first quarter from ninth place in the corresponding quarter of 2010, the Israel Export and International Cooperation Institute reports today. Exports of goods (excluding diamonds) to Turkey totaled $500 million in the first quarter, 73% more than in the corresponding quarter. Israel's top ten export markets are, in order, the US, the Netherlands, Turkey, Germany, China, Italy, the UK, India, France, and Canada.
1.Better Place: Electric cars this summer
Shalom Life: Better Place, the California start-up founded by Israeli businessman Shai Agassi, will begin selling electric cars in Israel this summer. Last month, Better Place introduced its battery replacement solution. These battery replacement stations, along with the thousands of charging stations being placed all over Israel, will make Israel the first fully electric networked country and a pilot for the rest of the world.
You may send a message around the world in one seventh of a second, yet it may take years to force a simple idea through a quarter inch of human skull - Charles Kettering
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