Israeli investment conference opens in China 

The largest ever Israel investment conference in China opened on Monday with some 1,000 participants, including a number of investors from Chinese companies and venture capital funds and key figures from Israeli hi-tech companies and academia   (Communicated by the Ministry of Economy & Industry Spokesperson)Following successful Israel investment conferences in Sydney and London aimed at exposing local business communities to the varied investment opportunities in Israel, the largest ... [Continue Reading]

Innovative Israeli drug for treating prostate cancer approved in Mexico

A successful Phase III clinical trial in Latin America, involving 80 patients, confirmed the high rate of local cures and minimal side effects, as evidenced by negative biopsies and maintenance of patients’ potency, continence and quality of life.   (Communicated by the Weizmann Institute of Science Spokesperson)A therapy invented at the Weizmann Institute of Science and clinically developed in collaboration with Steba Biotech (Luxembourg) has been approved by Cofepris, Mexico’s health ... [Continue Reading]

Israel launches Kidma 2.0 cyber-security program

The importance of maintaining the Israeli cyber industry’s leadership position internationally is only growing, and as such we need to promote new and unique technologies in a creative way. In view of the great success of the KIDMA program, we are continuing to answer the changing needs of the country’s thriving cyber industry.   During the National Cyber Bureau Conference held on December 17, 2015 the Office of the Chief Scientist (OCS) of the Israeli Ministry of Economy & ... [Continue Reading]

 Israel and Hong Kong sign R&D funding cooperation agreement

The program will be implemented in Israel by MATIMOP, the executive branch of the Office of the Chief Scientist at the Ministry of Economy and Industry   (Communicated by the Ministry of Economy and Industry Spokesperson)The Office of the Chief Scientist at the Israeli Ministry of Economy and Industry and the Innovation & Technology Commission in Hong Kong (ITC) have announced the launch of an R&D Cooperation Program to fund joint projects. As part of the program, support for ... [Continue Reading]

 The economic opportunities of climate change

Israel came in first among 40 countries in the Global Clean-Tech Innovation Index 2014. As a start-up nation and a global leader in innovation, Israel can make a major contribution to international climate change efforts by developing cutting-edge technologies.   Copyright: Ministry of Environmental Protection (Israel Ministry of Environmental Protection)Israel has long been identified as a global leader in innovation in a variety of sectors. In recent years, Israel has also begun to ... [Continue Reading]

 First joint R&D agreement signed with Australian bank

​In his first official visit to Australia, Ministry of Economy Chief Scientist Avi Hasson met with leading Australian companies and signed an agreement with the Commonwealth Bank of Australia – one of the four largest banks in the country   ​(Communicated by the Ministry of Economy Spokesperson)The Chief Scientist at the Israeli Ministry of Economy, Avi Hasson, is conducting his first official visit to Australia this week, including visits to Sydney, Canberra and Melbourne. Hasson is ... [Continue Reading]

 Israel signs multilateral Convention on Mutual Administrative Assistance in Tax Matters

​The Convention was developed by the OECD and the Council of Europe, as a multilateral instrument of cooperation in tax matters and to confront tax evasion and tax avoidance.    ​(Communicated by the Ministry of Finance Spokesperson)As a part of the measures being taken by the Ministry of Finance to increase enforcement against tax evaders operating outside of Israel and Israel’s commitment to keep generally accepted international standards, Israel joined the Convention on Mutual ... [Continue Reading]

 December interest rate unchanged

​The decision is consistent with BOI monetary policy, which is intended to return the inflation rate to within the price stability target of 1–3 percent a year, and to support growth while maintaining financial stability.   ​(Communicated by the Bank of Israel Spokesperson)The decision to keep the interest rate for December 2015 unchanged at 0.1 percent is consistent with the Bank of Israel’s monetary policy, which is intended to return the inflation rate to within the price stability ... [Continue Reading]

 Israel country of honor at Pujiang Innovation Forum

Israel was selected by the Chinese Ministry of Science and Technology as the country of honor for the first time, due to its leadership in global innovation. The first day of the forum will focus on Israel and its cooperation initiatives with China.   Copyright: Pujiang Innovation Forum (Israel Ministry of Economy)Thirteen Israeli companies led by Chief Scientist at the Israeli Ministry of Economy Avi Hasson are participating in a roadshow in central cities in China this week, where they ... [Continue Reading]

 Seven wineries represent Israel at ProWein in Dusseldorf

The seven largest Israeli wineries showcased more than 100 types of their finest wines at the Israeli booth at the leading wine expo in Europe: the ProWein International Trade Fair in Dusseldorf, Germany.   Copyright: Messe Düsseldorf/Tillmann (Foreign Trade Administration at the Israeli Ministry of Economy)The seven largest Israeli wineries – Carmel, Golan Heights, Teperberg 1870, Recanati, Galil Mountain, Tavor and Yatir – showcased more than 100 types of their finest ... [Continue Reading]