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Tag: Israeli innovation

Porsche

Porsche to Invest in Israeli Auto-Tech Industry

German automaker Porsche announced on Thursday it will invest tens of millions of euros in Israeli auto-tech startups, following a trend by US automakers including Ford Motor Co. and high-tech firms like Intel heavily buying into Israel’s emerging self-driving car market.

defense

Israel Defense Sales on Upward Trend

TEL AVIV, Israel — Israel’s Defense Ministry reported Wednesday that Israeli firms signed $6.5 billion in new export contracts for 2016, an $800 million rise above previous-year levels and an indication of an upward trend after a disappointing $5.6 billion in 2014.

Well-Heeled Flock to Israeli Designer Footwear

Israeli designer Kobi Levi’s psychedelic shoes resemble everything from banana skins to sex acts, flamingos and stretching cats — and they are all the rage among well-heeled stars like Lady Gaga.

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