CTech's Tuesday Roundup of Israeli Tech News

Amazon to launch in Israel ahead of the Jewish New Year; Tech Mahindra to set up new VC market management system for Mizrahi-Tefahot

CTech 15:3503.09.19
Amazon to launch in Israel ahead of the Jewish New Year. The e-commerce giant told Israeli retailers to ready themselves by September 12 and to prioritize holiday-appropriate stock. Read more

 

Tech Mahindra to set up new VC market management system for Mizrahi-Tefahot. The system will be used to manage the entire life cycle of trading in Israeli and non-Israeli securities. Read more

Amazon warehouse. Photo: Krisztian Bocsi Amazon warehouse. Photo: Krisztian Bocsi

 

Physical rehabilitation? There’s an app for that. Digital health company WizeCare offers physiotherapists and clinicians an app that enables them to guide their patients during their at-home rehabilitation exercises. Read more

 

Singapore's Clarmont Group acquires majority stake in Israeli aviation company Eviation Aircraft. In June, Eviation unveiled a fully-electric passenger plane. Dubbed Alice, the aircraft can fly up to 1,000 kilometers at a speed of 440 kilometers per hour on a single charge. Read more

 

Rafael completes Aeronautics acquisition. In a Monday filing to the Tel Aviv Stock Exchange, Aeronautics, which listed in June 2017, announced it will be delisting on Tuesday. Read more

 

Image recognition startup Syte selected for Lafayette Plug and Play accelerator. Founded in 2015, Syte’s technology is designed to offer users shopping suggestions based on object recognition. Read more

 

Hainan Airlines scraps Tel Aviv to Shanghai route, temporarily. The company operates 1,800 routes and its other lines from Israel’s Ben Gurion airport, to Beijing and to the southeastern Chinese city of Shenzhen, will continue to run as scheduled. Read more

 

 

National Economic Conference:

 

Democracy's garden of forking paths. Years from now, when our grandchildren will ask what happened in Israel in 2019, will we tell them, "quite frankly, we don’t remember whether we committed suicide that year or not?" Read more

 

Israel's budget deficit a crucial problem, says Bank of Israel Governor Amir Yaron. Read more

 

Strengthening shekel leaves Israeli goods exporters vulnerable, says Leumi’s chief economist. Read more

 

Feelit is the winner of Calcalist's industry 4.0 startup competition. Read more

 

Ashdod Port wants to be “Amazon of the sea,” says chairwoman. Read more

 

Israel mulling taxing sugary drinks, disposable tableware, says finance ministry official. Read more

 

Israel should encourage institutionals to invest in infrastructure, says chairman of insurer Clal. Read more

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