OurCrowd is a leading, crowd equity platform based in Jerusalem with branches in the U.S., Canada, Singapore and Australia. The firm just wrapped up its biggest investor conference, which involved an exhibition of the latest robotics, drones, medtech, AI, and mobility tech. Jon Medved, CEO of OurCrowd, made headlines with his announcement that OurCrowd raised $650 million, anticipating that they will soon break the $1 billion ceiling this year.
Israeli Prime Minister, Benjamin Netanyahu, is set to embark on an historic visit with some of the more moderate majority Muslim countries. This is an effort to reach out to Muslim nations so as to foster diplomacy and, perhaps, even open up some further avenues for trade. While visiting, Netanyahu also plans to meet with important figures within the Jewish communities of these respective nations.
On February 29, two IDF soldiers accidentally drove into the Qalandiya refugee camp late at night. They were attacked by rioters with firebombs and rocks and their jeep caught on fire, causing them to flee and separate. This sparked a riot which ended with a firefight between Palestinians and IDF troops who came to rescue the two soldiers. At the end of the fight, one Palestinian was dead and others were injured. The soldiers were found and rescued, but the outcome could have been much, much worse. Why would they drive into a dangerous refugee camp?
Recent tensions in the Middle East have raised a lot of questions about whether peace will ever be attainable. With Palestinian attacks in major Israeli cities, the terror cells of Hamas, and the threats of Hezbollah and ISIS to the North, the situation doesn't exactly look hopeful. However, even during this tense time, peace efforts are continuing. Some of the main goals are targeting the next generation who may just be our only hope. Two groups leading the way are Games for Peace and Kids4Peace International.
In the war against bacteria, scientists are constantly having to invent new antibiotics as bacteria evolve resistant strains. Now an old idea seeing the light of day for the second time may hold the answer to the antibiotic vs. bacteria arms race. Two Israeli scientists, Dr. Ronen Hazan from the Institute of Dental Sciences at Hebrew University and Dr. Nurit Beyth from Hebrew University-Hadassah School of Dental Medicine, are researching the therapeutic potential of a virus taken from Jerusalem’s sewage.
On 21 August 2014, the Israeli Finance Minister and his German counterpart signed a revised double tax treaty between Israel and Germany.
Israel’s high-level negotiation team is close to securing a huge investment by chip-giant Intel, estimated at over NIS 20 billion ($5.8 billion), according to Israel’s Ministry of the Economy.
In a sign of deepening relationships between Israel and Canada, the Chief Scientist of Israel’s Ministry of Economy announced investment in three new joint research projects in the field of energy together with Canadian partners.
A new twist in the complex political and economical saga of Israel’s offshore gas fields is sure to set off rumours around the world.
Just days before Passover, the traditional Jewish festival celebrating the Israelites’ freedom from enslavement in Egypt, the Israel Antiquities Authority released an announcement declaring that an ancient Egyptian tomb had been uncovered in the Jezreel Valley, in the north of Israel.