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Hebrew U Again Top for Revenue
by Shay Niv
 The Hebrew University in Jerusalem had $471 million revenue in 2006, the highest revenue of an Israeli academic institution in 2006, states D&B Israel. Tel Aviv University was in second place with $368 million, even though it has a larger student body than Hebrew University. In 2006, Tel Aviv University had 28,983 students, who generated $64.9 million in tuition, compared 24,244 students at Hebrew University, who generated $40.3 million in tuition. (Globes)
Bank of Israel Raises 2007 Growth Forecast
by Erez Wollberg
 The Bank of Israel last week published its updated growth forecast for 2007, which Governor of the Bank of Israel Prof. Stanley Fischer first mentioned to “Globes.” The Bank of Israel predicts 5.1% GDP growth, up half a percentage point from its previous forecast of 4.6% published in December 2006. It expects the unemployment rate to fall to 7.5% on average. “Growth will be led by the business sector, which in the updated forecast is expected to expand by 6.2%.” (Globes)
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Leading U.S. Tech Execs in Israel Looking for Business Deals
 A delegation of top American leaders in the IT, Enterprise Software and telecommunication arenas arrived in Israel to explore partnerships, acquisitions and new innovations. The 'Global Tech Mission to Israel' organized by The California Israel Chamber of Commerce (CICC), includes executives from BEA Systems, SVP, Oracle, HP, and other multinational companies. In addition to meeting with senior venture capitalists and leaders of the high-tech industry, the group will be introduced to a dozen Israeli start-ups selected by Ernst &Young. According to CICC president Isaac Applbaum, founder and general partner of Opus Capital, "I am more convinced than ever that entrepreneurial opportunities are only growing," he says. "There is much more deal flow and deeper experience in management than I had imagined." (Israel21c)
Israel's High-Tech Industry Lauds Top IP Services
High-tech companies and the number of patents filed in Israel are on the rise, causing a huge demand for law professionals who are well-versed in the field of intellectual property. In fact, a recent Business Data Israel study deemed that Israel places second in the number of European patents filed by non-European companies, and fourth in the number of U.S. patents filed by non-U.S. companies per year, per capita. According to a report released by BioIsrael, the country leads the world in patents for medical devices, based on its population. (PRNewswire)
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