ISRAEL HAYOM
Growth shows global confidence
by Yoram Ettinger
August 26, 2016
…The $3.3 billion raised by Israeli startups since January, 2016 may break the $4.4 billion annual record set during 2015. Intel invested in three Israeli startups, expanding its Israeli investment portfolio to 80 startups with $345 million invested since 1997. In 2016, the three leading global credit rating companies reaffirmed their confidence in the long-term viability of Israel’s economy. Standard & Poor sustained an A+ rating with stable outlook, Fitch upgraded Israel’s credit rating outlook to “positive,” while retaining its A rating, and Moody’s sustained an A1 rating with stable outlook. READ MORE