IIF: UAE economy to grow faster untill 2024. UAE GDP to grow 2.3% in 2021, 3.0% in 2022, 3.4% in 2023 and 3.5% in 2024.
Google’s AI-focused venture fund leads $5.4M investment for Seattle analytics startup Iteratively.
MediBuddy raises $40 million in Series B funding, while announcing its merger with online doctor consultation startup DocsApp.
InnerHour raises $5.2 million led by Lightbox, it will use this funding to scale its technology-led mental health platform
MPL moves closer to becoming gaming unicorn with $95 million funding, plans to use the new funds to expand its overseas business in 2021.
Vested Finance raised $ 3.6 million in seed funding to facilitate Indian investors’ entry to invest in US markets.
Robinhood raises $1 billion lifeline from investors to meet regulatory requirements
Jessica Alba’s clean-living subscription startup, The Honest Co., confidentially files for a $2 billion IPO.
The Honest Company, a baby and beauty products startup co-founded by actress Jessica Alba, is reportedly seeking to raise $2 billion in an initial public offering (IPO), according to a report from Bloomberg BNN.
CDC issues new mask mandate: Double masks now required for travelers on all U.S. public transportation effective February 1; threatens ‘enforcement through criminal penalties’.
Qualtrics, a survey software startup acquired by SAP for $8 billion, pops 51% on IPO debut; now valued at $27.3 billion.
Today in history: Apple Macintosh becomes the first commercial computer to popularize computer mouse and graphical user interface on Jan. 22, 1984.
Netflix-for-finance-learning startup Finance Unlocked raises $2.39 million for its video learning platform for the finance industry.
The global eyewear market, which is made up of spectacles, contact lenses, sunglasses, and other eyewear products, was estimated to be valued at $147.60 billion in 2020.
New York-based raises $45M funding to support the $147 billion global eyewear industry.
Crosslink launches $350M fund to back early-stage startup founders.
Elon Musk’s SpaceX now wants to drill for natural gas in Texas.
Elon Musk is donating $100 million towards a prize for best carbon capture technology; a key effort to fight climate change.
The Israeli tech industry continued its rapid pace of investment despite the COVID-19 pandemic, reaching $ 9.9 billion in 578 deals in 2020.
These annual figures align with the growth trends observed in previous years, beating 2019 results with 27% in equity and 14% in several deals.
Megadeals in Israeli technology (more than $ 100 million) became commonplace in 2020 and made up nearly a third of the total amount.
However, despite the number of these massive deals, deals did not witness a significant increase in 2020. The rise in capital compared to 2019 was evident in the increase in the average mega deals in dollars.
Central Bank of Israel to buy $30 billion in forex in 2021 to curb shekel rise.
Israeli fintech company Rapyd raises $300m.
Instant COVID-19 breath test as precise as swab test, Scentech Medical Israeli company says, and awaiting FDA approval for test with 98% accuracy.
VComply raises $6 million in Series A from Counterpart Ventures and Accel.
Unacademy became a unicorn, made five acquisitions and raised three rounds of funding – all in 2020.
Tiger Global, others buy $50 million shares in Unacademy in secondary transition.
N+1 Capital’s maiden fund to invest $100 million in startups.
US startups raise their record investment in 2020 for the fourth quarter to $ 156.2 billion.
Seattle biotech startup AltPep raises $23.1M to tackle Alzheimer’s and related diseases.
UAE Covid vaccine: Over 1 million doses administered. The health authorities in the country aim to vaccinate over 50 per cent of its residents in the first quarter of this year.
Israel’s IMCO to participate at IDEX Abu Dhabi, showcase UAVs and other complex defense solutions.
With multi-center clinical trials in Israel, US and UK, Israeli startup OncoHost hopes to launch life-saving test kit in 2021.
An Israeli university that invented a spit test for the coronavirus has rolled it out for regular use by staff and students, in a bid to drive down virus cases on campus.
Israel’s Biond Biologics to get $125 million from Sanofi to develop cancer drug.
Facebook-owned messaging app denies new terms of service will make it less secure: ‘We can’t see your private messages or hear your calls’.
In India, Between January 6 and 10, Signal has racked up 2.3 Mn downloads while Telegram had 1.5 Mn new downloads during the same period, as WhatsApp Falls.
Spectrum Effect raises $9.5M for machine learning tech that helps mobile operators avoid interference.
Former Zulily execs raise $150M for new firm that buys and supercharges e-commerce businesses.
Mailchimp acquires Chatitive, a B2B messaging startup and Madrona Venture Labs spinout.
Udaan raises $280 mn from new and existing investors, valuing the e-commerce B2B firm at $2.5-2.8 billion.
Israel earmarks NIS 80 million to help early-stage startups by granting of up to 50% of seed funding round.
Jumbotail raises $14.2 million, completing its $25 million fund raise.
More than 2 billion WhatsApp users will have until February 8th to agree to share data with Facebook if they want to continue using the app.
Israel sees trade with UAE at $4 billion a year.
Warburg invests $100 mn in boAt. The funds will be used by the four-year-old company to boost its research and development capability, expand its product portfolio.
Seattle startup Yesler raises $3.3M for its B2B lumber and building materials marketplace.
NextStep, a Seattle startup which uses its technology platform to retrain displaced workers for roles in the healthcare industry, has raised $2.5 million in new funding.
Omnivor raises $2.7M as pandemic spurs interest in holographic media from Nike, T-Mobile, others.
The UAE Central Bank said the economy is expected to grow by 2.5% in 2021.
Disputes mediation platform Immediation has raised $3.75 million in Series A funding, after COVID-19 led to a tech overhaul of the legal system and 1000% growth.
Paul Bassat’s Square Peg Ventures has closed its $600 million fourth fund, bringing its total committed capital to a whopping $1.4 billion for investment into Aussie, and global, startups.
Neo bank startup Oxygen raises $17M Series A funding to offer flexible banking solutions for small businesses.
Sheikh Mohammed Bin Rashid, hails ‘stellar success’ of UAE economy in overcoming challenges of 2020.
UAE businesses see profitability returning to pre-coronavirus levels by 2022. Positive outlook is driven by the UAE’s coronavirus response and business-friendly reforms, says HSBC.
UK partnership will help drive post-pandemic recovery, says UAE Minister of Economy, in healthcare, education, financial services and AI as potential areas for trade development.
Perth-based energy tech startup Gridcogniton has recently closed a $675k pre-seed investment round with some of Australia’s leading tech and clean energy investors…
Chemmannur International is the first Indian company to seek approval for 100% ownership in Emirati projects after changing foreign ownership regulations.
UAE’s Minister of Economy says new foreign ownership rules aim to create 700,000 companies by 2030.
Madrona Venture Group has raised more than $500 million in fresh capital that the 25-year-old Seattle venture capital firm will use to bankroll both early and later-stage startups.
Israeli water tech sees opportunities in the United Arab Emirates.
Indonesian fisherman caught a Chinese underwater spy drone on a possible covert mission.
Tesla delivers nearly 500,000 vehicles in 2020, a 36% increase over the previous year.
Crypto investors open to investing 50% of their savings into cryptocurrencies, a new survey shows.
Elon Musk’s SpaceX to bring Starlink fast satellite internet to Greece by April.
IDEMIA is seeking to pilot the next generation biometric card technology as a reference for contactless payments in India through a partnership agreement with ZWIPE.
M&A deals plunge in Israel as pandemic sidelines foreign investors, and Value of deals drops by 50% to $10 billion.
Pfizer, Amazon and AstraZeneca selected to promote biotech startups in Israel.
Israeli Bazan Group embarks on $3.7 million project to advance hydrogen-fueled vehicles.
Online trading platform eToro reportedly planning IPO at $5b valuation.
The Israeli shipping company Zim reportedly plans to raise up to $500 million at the end of January, at a company valuation of $1.5 billion.
China-based online learning app Zuoyebang announced that it has raised $1.6 billion in a Series E+ funding round, bringing total known investment to date to around $2.9 billion.
The Washington-based Woodinville Corporation raised $ 17 million to expand and develop charging of lithium-ion battery optimization technology.
Seattle-based Bloccelerate raises $12M for first fund to invest in blockchain startups.
NASA receives response from Voyager 1 spacecraft 13 billion miles away after 37 years of inactivity.
Healthtech startup DXY raises $500 million for China’s leading online healthcare platform.
SpaceX’s rival Viasat says SpaceX’s Starlink 3000 satellites pose environmental hazards in space and on Earth; petitioned the FCC to perform environmental review.
Bitcoin is reaching the most extensive record in its history, exceeding the $ 26,500 mark, and the rise continues.
Startups eye new offerings to fuel EV strategy adopted by mobility companies to pursue green vehicle technologies to bring down capital and operating expenditure, and reduce their carbon footprint.
On Friday, food delivery platform Zomato announced the closing of a $660-million primary financing round at a post-money valuation of $3.9 billion.
Alphabet’s Google and Microsoft joined an investment round of more than $100 million in VerSe Innovation Pvt, maker of India’s Josh short-video app.
Slurrp Farm raises $2 million from Fireside Ventures to expand the product portfolio and increase marketing.
More than 50,000 Israelis visited Dubai as economic ties between the UAE and Israel grew rapidly.
Arbe Robotics has revolutionized the ultra-accurate radar system, providing perfect visibility into cars and the system recognizing objects and people at a distance of up to 300 meters.
Content discovery firm Outbrain is seeking to hold an initial public offering of shares on Wall Street at a $2 billion valuation after a merger deal with a competitor Taboola fell through.
Israel’s Limaca Medical says it has developed a medical device to perform endoscopic ultrasound-guided biopsies with ‘ten times’ greater procedural efficiency.
Toyota beats Tesla to become the first company to develop electric car with solid-state battery; plans to unveil game-changing EV prototype in 2021.
UV LED lights kill 99.9% of coronavirus in 30 seconds, Israeli researchers found.
People who made antibodies to fight COVID-19 are much less likely to test positive again for up to six months and maybe longer, 2 new studies show.
The first Israeli hospital to provide medical services in Dubai: Al Tadawi Healthcare Group in Dubai has partnered with Sheba Medical Center in Israel to provide a new set of advanced healthcare services.
The two export credit agencies of Israel and the United Arab Emirates signed a cooperation agreement to strengthen economic and trade relations between the two countries, jointly supporting an increase in exports, trade, and investment.
The UAE is hosting an international dialogue that includes Bahrain, Israel, and the United States to support regional energy and promote peace and stability in the region by promoting economic growth in the energy sector and intensifying joint efforts to find solutions to energy challenges.
An Emirati-Israeli commercial consortium buys British payments company Finablr after it ran into financial difficulties.
In a year full of anxiety, Seattle-based startup Freespira raised $ 10 million to support its efforts to develop and deploy technology that reduces panic attacks and post-traumatic stress disorder.
Portland startup Koan raised $1 million for the OKR collaboration software platform and acquired Horrible Design Co to help support growth.
Seattle’s Pure Watercraft raises additional $14M to power its plans for electric boat motors.
After huge growth in 2020, Seattle startup Rec Room raises $20M to expand virtual hangout game.
The Genesis Prize is awarded to 10 Israeli high-tech companies that help fight COVID-19.
Despite the Corona pandemic, the Tel Aviv Stock Exchange has attracted the most initial public offerings since 2007. Of the 27 companies that have listed their shares on the stock exchange this year, 19 are technology.
The shekel rose to its highest level in 12 years against the US dollar and reached a price of 3.2265 shekels per dollar.
US-Israel fund to invest $7.15 million in eight clean-energy projects Fast-charging batteries, next-gen heat devices, eco-friendly concrete.
Israel’s Moon Active, the developer of Coin Master, acquires Melsoft in a deal valued at over $100 million.
The real estate market in Dubai is looking to recover with the search for Israeli investors.
Israeli researchers at the Weizmann Institute have discovered new peptides that can help eliminate cancer.
UCT buys Israeli company Ham-Let for $ 348 million and triples its investment in a developer of industrial control and flow systems for semiconductor production.
Microsoft said that dozens of its customers, including firms in Israel and the United Arab Emirates, were targeted as part of the massive cyber-assault on US government institutions.
An Israeli study showed that general anti-fat drugs might eliminate the severity of Covid-19, and the fantastic results revealed by the Hebrew University team.
Avi Lieberman is setting up a startup that wants to revive phone calls to talk to friends and make new friends.
US-based startup Superpedestrian, raise a record $9.93 billion in 2020.
Israeli tech firms raise record $9.93 billion in 2020 but M&A deals plunge.
Tel Aviv

Business trips in Tel Aviv are becoming more and more popular as Israel’s business sector develops rapidly. Known as the “startup nation” and a world leader in technology, Israel has become a popular destination for business travel and deals. With advances in industries such as security, agriculture, and telecommunications, more business growth appears in the region. If you have an upcoming business trip to Tel Aviv, make sure you get the most out of your experience.

Tel Aviv can offer different business hotels with different facilities (business centers, conference rooms, etc.) depending on your needs. One option is to stay in a boutique hotel that provides a great personalized experience. If you are looking for something smaller and more intimate that can help fulfill requests and create a tailored experience for you, this boutique hotel would be ideal for your business trip to Tel Aviv.

These hotels are great if you will be attending meetings all day and need a comfortable and affordable place to spend the night. You may want to look at hotels near Tel Aviv’s business district if you have meetings in the area.

Jaffa Hotel Tel Aviv – elegance and luxury


The Jaffa Hotel Tel Aviv is a 5-star hotel centrally located near the Mediterranean Sea and the historic Jaffa Port. Nearby attractions such as the Archeology Museum and local boutiques are all within walking distance. Explore the old coastal town, learn about local culture, indulge in gourmet cuisine at the hotel’s Golda’s Delicatessen and Don Camillo restaurants, and have a relaxing and indulgent experience at the hotel’s spa. Please reserve your place in any of our 120 luxurious rooms and suites. Allow the hotel staff to provide all the services and details of your stay so that you can regain your soul and spark your imagination.


Drisco Hotel Tel Aviv – World Class


Housed in 2 adjacent historic buildings in Tel Aviv, The Drisco Hotel features a rooftop terrace overlooking the sea. The property also has a garden, restaurant, and wellness center. Free Wi-Fi is available throughout the hotel. Each elegant room includes a seating area, a minibar, air conditioning, a flat-screen TV with satellite channels, and a coffee machine. There are also rooms with a private balcony or sea view. George and John’s restaurant serves fine contemporary Israeli cuisine. Suzanne Dellal Dance Center in Neve Zedek is 901 meters from the hotel, while Independence Hall Museum is 2.1 km from the property. The nearest airport is Ben Gurion Airport, 23 km away.

Hotel 65 Tel Aviv – the luxury boutique


Hotel 65 is located on the corner of Tel Aviv’s most famous Rothschild Street. The hotel takes you into a unique world of design outside and inside. The hotel’s charm lies in the combination of impressive visuals and local touches that produce a unique design. The different colors and lighting design create a sense of mystery and adventure wherever you go. In the lobby, there is Café 5, which serves hotel guests and visitors one of the best breakfasts in town. At the entrance to the hotel, there is a picturesque colorful garden overlooking Rothschild Street. Happy Hour is also served between 5:00 PM – 7:00 PM (Sunday – Friday), during which time hotel guests can enjoy free meals, wine, and coffee. Hotel 65 is the masterpiece of luxury hospitality in Tel Aviv.

Nordoy Hotel Tel Aviv – the charm of the place

Close your eyes, take a deep breath, and enjoy the warm Mediterranean breeze. Travel back in time and hear the hustle and bustle of the city. You are in the heart of Tel Aviv, at the crossroads where the past meets the present, the east meets the west, and the luxurious luxury meets the informal local heritage with the updated global hospitality. Nordoy Hotel is located in central Tel Aviv, a 10-minute walk from the beach. Each spacious room is air-conditioned and offers free Wi-Fi and a flat-screen TV with satellite channels. There is a 24-hour front desk at the property. Guests can enjoy breakfast daily at the nearby café. Independence Hall Museum is 400 meters from the property. Ben Gurion Airport is 12 km away.

Margosa Hotel Tel Aviv – A legacy of the past

It is located in Jaffa’s heart, a few minutes walk from Old Jaffa and close to the lively flea market. The rooms of the New Margosa boutique hotel vary in size from 20-35 square meters. Each room offers a balcony overlooking Old Jaffa. While the rooms blend traditional oriental design with contemporary simplicity. Full Israeli breakfast buffet with eggs, cheese, and salad. Suzanne Dellal Dance Center is located in the historic Neve Zedek district, 3 km from the hotel. The sandy beach is a 15-minute walk from this wonderful property, while Ben Gurion Airport is 12 km away.

Rothschild Hotel Tel Aviv – creativity and luxury

The Rothschild Hotel is located on trendy Rothschild Street, close to the popular Shinken shopping street, a 2-minute walk away. All luxurious rooms at Rothschild feature modern furnishings and an eclectic style. Breakfast is available until midday, and after that, hot and cold dishes, alcoholic and soft drinks are available in the lounge or with room service until midnight. The Rothschild Hotel’s restaurant serves fish, seafood, and vegetarian dishes, using fresh, organic ingredients delivered daily. The hotel is centrally located at the intersection between Tel Aviv’s startup business district and the prestigious cultural district. The hotel’s vicinity has lots of bars, restaurants, and cafes with a luxury limousine service.

Norman Hotel – the greatness of the 1920s

The Norman Tel Aviv Hotel consists of two historic buildings on Nshamane Street that have been exquisitely restored and their antique heritage elements preserved, adding all the technologies and amenities of a world-class hotel. There is a wonderful citrus garden between the two buildings, which is a charming getaway in Tel Aviv. The Norman Hotel comprises 50 uniquely designed rooms and suites featuring high ceilings and original architecture. It features a rooftop pool, fitness center, and free Wi-Fi throughout the hotel. You will also find a bar, 24-hour room service, a shared lounge, and a 24-hour front desk with luggage storage facilities. Free use of bicycles is available, as well as valet parking. The hotel is 500 meters from Independence Hall Museum, and Ben Gurion Airport is 12 km away.

Vera Hotel – the pleasure of hospitality

Vera Hotel is conveniently located in the center of Tel Aviv, 600 meters from the Independence Hall Museum. The rooms in the hotel are equipped with a flat-screen TV with satellite channels. Some rooms also offer city views, and some have a business office. Guests at The Vera can enjoy a continental breakfast. The hotel also provides an ironing service, as well as business facilities like fax and photocopying. Languages used at the 24-hour front desk include English and Hebrew. Suzanne Dellal Dance Center is 1.3 km away, and the nearest airport is Ben Gurion Airport, 22 km from the hotel.

Sam and Blondy Hotel – the city’s attractions

A 45-room boutique hotel in a historic building from the 1930s. A yellow jewel with picturesque green windows, it is located on Shenkin Street in the heart of Tel Aviv, just a short distance from the most attractive place in the city. Rooms at Sam & Blondi Hotel are equipped with a desk, flat-screen TV, and a hot tub. Speaking English and Hebrew at reception, staff are always ready to help. Breakfast is served in a nearby hotel restaurant. Independence Hall Museum is 1.9 km away, while Dizengoff Square is 1.9 km away. Sde Dov Airport is 5 km from the hotel.

Fabric Hotel – Atlas Boutique

The hotel offers an on-site restaurant, café, and bar/lounge where guests can relax with a drink. Guests can enjoy a free breakfast. This business-friendly hotel also offers a rooftop terrace, meeting assistance, and free newspapers in the lobby. Fabric Hotel is located in Tel Aviv, 700 meters from Benjamin Kraft Nachal Gallery, and less than 1 km from Independence Hall Museum. The hotel is close to many popular attractions such as Susan Delal Dance and Theater Center in Neve Zedek, 1.3 km from Shinken Street. A buffet breakfast is available at the hotel, with a wonderful terrace, the reception desk is available 24 hours a day, and the staff speaks English, Spanish, and French. While the Dizengoff Center is 2.6 km from the hotel, the nearest airport is Ben Gurion Airport, 22 km away.

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