Canada Israel plans to convert an office tower in Wembley to residential apartments. Canada Israel, controlled by Barak Rosen and Assaf Tuchmeir (their private company, not to be confused with public company Israel Canada) has done its first deal in the UK. The company has purchased an office tower…

Apax Partners Israel Invests $20 Million in Global-e – Based in Israel with European and North American headquarters, Global-e develops services for online retailers Apax Partners (Israel) Ltd., a subsidiary of London-based private equity firm Apax Partners Worldwide LLP, is investing $20 million in Israel-based e-commerce company Global-e Online…

Fitch also warned against increasing the budget deficit. Credit rating agency Fitch today reaffirmed Israel’s A+ long-term debt rating with a stable outlook. Fitch said that its rating reflects a balance between strong external accounts, solid macroeconomic performance, and institutional soundness on the one hand, and a still high…

As part of our FTSE100 breakfast series, Alex Cruz will provide a briefing to our members and broader network following his visit to Israel to look at innovation for British Airways last November. Alex has been in the airline industry for his entire career. As an entrepreneur, he founded…

ViaVan, which operates shared taxis in vans, is a joint venture of Via and the van division of Mercedes Benz. Via, a competitor of Uber, today announced that it would launch its ViaVan ridesharing service in London. The service is a joint venture of Via and Mercedes Benz’s van…

Algatech expands to China and the Asia-Pacific markets Algatechnologies, Ltd. (“Algatech”) has become the major shareholder in Supreme Health, Ltd., New Zealand, to supply China and Asia-Pacific with astaxanthin and other algae-based products. The Asia-Pacific market for such products is currently valued at several hundred million dollars, and forecast…

MedImmune, the R&D arm of AstraZeneca, will make an immediate payment of $10 million to the Israeli cancer immunotherapy company. Israeli cancer immunotherapy company Compugen Ltd. (Nasdaq: CGEN; TASE: CGEN) today announced that it has entered into an exclusive license agreement with MedImmune, the biologics R&D arm of AstraZeneca….

Tel Aviv-based Zeekit develops a virtual fitting room feature allowing online shoppers to check how certain clothing items look on different body types U.K.-based online fashion retailer Asos is collaborating with Tel Aviv-based virtual fitting room startup Zeekit Online Shopping Ltd., Zeekit confirmed last week. As part of the…

Israelis consumed 4.5 million bottles of Scotch whisky in 2017 with 22% being single malt whisky. Figures provided by the UK embassy in Israel show a record of 4.5 million bottles of Scotch whisky imported into Israel in 2017. In monetary terms, Scotch whisky imports have soared from £10…

eToro has raised $162 million to date and the latest financing round was completed at a company valuation of $800 million. Israel social trading and multi asset brokerage company eToro has raised $100 million in its eight financing round led by China Minsheng Financial and with the participation of…