UK-Israel trade celebrated at Calcalist tech conference

By September 13 2019, 14:05 Latest News No Comments

Over 900 British and Israeli business leaders and entrepreneurs gathered in Camden House at the launch of Calcalist’s third annual Mind The Tech London Conference, showcasing the best of Israeli invention.

Israel’s Ambassador to the UK, H.E. Mark Regev, spoke at the launch, welcoming record trade between the UK and Israel. He said: “After the United States and China, Britain is the largest market for Israeli exports. More than France, more than Germany… That’s an economic success story”.

Conference host and senior lecturer at Tel Aviv University, Dr Nimrod Kozlovski, said that increasing numbers of British companies have “strategic partnerships with Israeli startups across retail, fashion, cyber, fin-tech”. Dr Kozlovski cited Barclays, ASOS and the Royal Bank of Scotland among the several UK companies now investing in Israel.

The three-day conference was a partnership between the Israeli business daily Calcalist and the shared office venture LABS, founded by Tel Aviv born businessman Teddy Sagi.

Mr Sagi said: “Our questions regarding the future are many, but one thing remains clear: London was and will continue to be an important financial capital. Over 20% of the UK’s financial activity is located here. For me, London always was and always will be an attractive destination for investment, and I forecast it a favourable future with or without Brexit. I know Israelis like to talk about the American dream, but there is a viable European dream much closer, here in London”.

Almost 400 Israeli companies have opened offices in the UK.


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