Israel Railways carried 48.5 million passengers in 2014, a 7.5% increase, compared with 45.1 million passengers in 2013, according to Israel Railways yearly summary. Israel Railways attributed its growth to better service, new routes, more frequent routes, and more stringent…
Unemployment Rate in Israel decreased to 5.60 percent in January of 2015 from 5.70 percent in December of 2014. Unemployment Rate in Israel averaged 7.75 percent from 1992 until 2015, reaching an all time high of 11.40 percent in March…
The 2015 Rappaport Prize for Excellence in Biomedical Research will be awarded by the Rappaport Family Trust to Prof. Hermona Soreq of the Hebrew University and to Dr. Eran Elinav of the Weizmann Institute of Science. The prizes will be given at the award ceremony…
The Nobel Prize-winning discovery of the Higgs boson – the “God particle” believed responsible for all the mass in the universe – took place in 2012 at CERN’s Large Hadron Collider, an underground facility where accelerated sub-atomic particles zip around…
The creators of Matific, the creators of the interactive math teaching platforms, Slate Science announced that it raised $12 million in Series A funding. The round was led by “existing angel investors” according to CEO Guy Vardi, as well as existing investors. Matific…
Israel’s economy is poised to rebound further in 2015 from the effects of last summer’s Gaza war after a strong recovery in the final three months of 2014 led to the fastest quarterly growth in nearly eight years. The fourth quarter of…
Israeli company Check-Cap which is developing an X-ray capsule for diagnosing intestinal cancer, announced the pricing for its Nasdaq IPO. The company raised $12 million at a $92 million company value, after money. The offering took place at the lower edge of…
Only 12 months after the official signing of the Power Purchase Agreement (PPA), Gigawatt Global has succeeded in financing, constructing and interconnecting a $23.7 million solar energy plant, culminating in a ceremonial ribbon-cutting event. Rwanda’s Minister of Infrastructure, Hon. James…
RealMatch which provides performance-based recruitment ad solutions has closed $8 million in venture capital funding as part of a Series C-1 round. The financing round was led by Edison Partners with participation by Orix Ventures and Carmel Ventures. Founded in 2007,…
International ratings agency Standard & Poor’s says Israel’s economic outlook “stable,” elections unlikely to affect economic growth and fiscal stability projections • Finance Ministry official: Decision attests to Israeli economy’s strength, resilience. The international ratings agency Standard & Poor’s on…