Israel Business

Teddy Sagi
December 14 2017

Teddy Sagi not scared by Brexit - continues expand business empire in Israel & UK

Born in Israel and resident of the U.K., Teddy Sagi has been an integral facet of recent rounds of funding in Israel. Chiefly, Sagi invested $3 million in SmartGreen Ltd., which was announced by Sagi’s business group. He’s something of a British business magnate. His mobile ad firm, Glispa Global Group, generates considerable revenue, as does his online gambling game developer, Playtech PLC.

Israel Offshore Paradise Papers
November 19 2017

Israel shows up in over 20,000 Paradise Paper documents

The world’s affluent elite have, for all intents and purposes, been ravaged by a Bermudan law firm’s release of the so-called Paradise Papers. The international scandal cast a brilliant light on the dark recesses of the global economy: tax havens shielding billions upon billions of dollars from the tax codes of various countries.

Israel Cyber Security
October 29 2017

Cyber-security Compensates for Narrow Financing Trends in Israeli Tech

This year’s third quarter marks an impeccable period for fundraising deals in the Israeli tech industry. The sector raised $1.44 billion, which represents a 54 percent increase from the same quarter last year according to the latest report from the Tel Aviv law firm, Zysman Aharoni Gayer & Co., and IVC Research Center. Software companies accounted for a fourth of total market capital, which is actually a considerable decline from the two-year average of 35 percent albeit still significant.

Israel Tourism
June 30 2014

Israeli entrepreneurs tap into growing tourism market

Israel’s economy has long been heavily reliant on tourism. With the holy sites of Jews, Muslims and Christians, there is an almost unlimited tourist potential. For decades, the tourist industry has focused on group tours, travel packages and generic activities, with a small niche catering for high-end luxury travel. But in the past few years, a new breed of tourism providers has emerged, catering to budget travelers, independent backpackers and those alternative tourist experiences.

Israeli Start Up
June 19 2014

Government to help Israeli start-ups looking for seed funding

The Chief Scientist Office in the Israeli Ministry of Economy has long been seen as a model of success. Aiming to foster economic growth through technological breakthroughs, cutting-edge research, innovations and entrepreneurship, the office regularly gives out grants in the form of low-risk loans, only demanding the investment money back if the project is successful and financially viable.