How high is the potential of Israel-UAE trade and what valuation is ZIM aiming for?

CTech Daily Roundup: Israel-UAE trade potential is north of $500 million, says Israeli chief economist

CTech 19:4524.08.20
Israel-UAE trade potential is north of $500 million, says Israeli chief economist. Shira Greenberg, the chief economist at the Israeli Ministry of Finance, spoke at Calcalist’s online conference on Israeli exports during the Covid-19 era. Read more


With its profitability on the rise, ZIM aims to go public at the beginning of 2021. For the third time in 12 years, the company’s board is pushing for a London or New York IPO and aiming for a $500 million valuation. Read more


ZIM cargo. Photo: ZIM ZIM cargo. Photo: ZIM

In the age of Instagram, everybody needs to speak the language of photography, says Eyecon founder. Israeli photojournalist Ziv Koren’s latest project is a cultural center and photography school. "I love a good challenge,” he said of launching the $5 million project during a pandemic. Read more


Covid-19 is more an opportunity than a crisis, says Netafim CEO. Gabriel Miodownik, president and CEO of Israeli drip-irrigation company Netafim, spoke Sunday at Calcalist’s online conference on Israeli exports during the coronavirus era. Read more  


Israeli and UAE Techstars leaders excited by opportunities new deal offers. "This paves the way for investment flows across the two states and allows for deeper relations and friendship and it allows for stability and peace in the longer term," said Vijay Tirathrai, head of Abu Dhabi Techstars hub. Read more 


After becoming Israel's newest unicorn, what's next for Nanox? Despite having yet to earn significant revenue or receiving FDA approval for its lightweight X-ray scanners, the company's shares surged on Nasdaq. Read more 


Covid-19 got you down? Joy Ventures is determined to innovate our behavioral health. 2020 has brought on unprecedented anxiety, loneliness, and depression - here’s how Miri Polachek aims to fix it. Read more 


IAI and Technion co-develop micro-satellites to aid search and rescue missions from space. The receiver for the ADELIS-SAMSON project was developed and built by ELTA Systems, a division of IAI. Read more


Jerusalem-based BrainsWay receives FDA clearance for magnetic stimulation system to help smokers quit. TMS treatment involves sitting in a chair and wearing a helmet containing a patented H-coil for 20-minutes. The coil stimulates the brain by creating a temporary magnetic field that generates excitation or inhibition of neurons deep inside the brain. Read more