Israel 4th most attractive investment target in OECD
The Israeli economy is still one of the world’s most attractive targets for foreign direct investment (FDI), according to the annual OECD report on the subject. According to the report’s figures, Israel is in fourth place in the world as a target for foreign investment in proportion to GDP, with FDI totaling 4% of GDP in 2013, trailing Luxembourg, Ireland, and Chile.To read more about the OECD report, click here.
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Tiny Israeli ‘Martian’-style camera powers NASA repair robot
NASA has adopted Israeli technology for a robot to inspect equipment in deep space. The robot, called VIPIR, is an articulating borescope tool designed to deliver near and midrange inspection capabilities in space to enable repairs of equipment using robots on unmanned spaceships — and a tiny camera from Israeli medical device company Medigus will be giving VIPIR its power of vision. To read more, click here.
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Trending Israeli Entrepreneurs
Three experts discuss Israel’s place in the global M&A trend
So far this year, the value of mergers and acquisitions globally is $2 trillion, 75% more than in the corresponding period last year. While our market is smaller, we’re also experiencing a wave of mergers and acquisitions. Three experts in the field spoke with leading business daily “Globes” about Israel’s place in the global M&A trend and the current economic momentum. To read more, click here.
Faces of the Startup Nation: Q&A with Zohar Dayan of Wibbitz
Zohar Dayan is the co-founder and CEO of Wibbitz, a technology that can automatically turn any text article into a short video that was rated best of the Apple App Store in 2013. A graduate of the Zell Entrepreneurship Program at the Interdisciplinary Center in Herzliya, Dayan also holds a B.A. in Business Administration, two degrees that have come to his aid in the founding and management of several startups. To read about Zohar’s journey into the business world, click here.
Jerusalem’s startup ecosystem takes off
It is difficult to capture a snapshot of the Israeli capital city’s startup culture because of its rapid evolution. Jerusalem is home to more than 300 startups in media, communication, software, life sciences and energy, including recent standouts such as uMoove, ZUtA Labs, BillGuard, OrCam and BriefCam. Last year alone, $110 million of deals were made involving 35 new Jerusalem-based startups. To read more about Jerusalem and its innovative startup community, click here.
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