Category: Latest News Israel

  Israelis love to invent things. Last year, the number of patents granted to Israeli companies in medical instrumentation put it first globally in relation to population size and fourth in terms of number of patents. In relation to its population, Israel consistently ranks tops in the world for bio-pharma and life sciences patents. So […]

The day after the declaration that Muslim Brotherhood candidate Mohamed Morsi is the winner of the presidential election in Egypt, many questions hang over the future of relations between Egypt and Israel, relating both to diplomacy and security, and to business. Frequent closures of the Nitzana Border Crossing to the flow of goods because of […]

Supermarket sales in the three weeks after the Shavuot holiday were 0.9% less than in the corresponding weeks last year, reports Storenext. Dairy products sales were down 1.5%, beverages sales were down 1.4%, and personal care product sales were down 3.6%. “The period after Shavuot was terrible. It was very hard. June began very badly,” […]

Make no bones about this technology: Bonus Biogroup, a regenerative medicine company in Israel, has found a way to grow human bone from a patient’s own fat, culled during liposuction. Following successful pre-clinical testing, clinical trials will begin within the next year in Europe or in Israel on applications ranging from growing bones for dental […]

Job referrals social network Zao Ltd.has raised $1.3 million in its first financing round. Orens Capital founding partner Oren Zeev led the round, joined by other private investors, including Orens Capital partner Oren Dobronsky, Zohar Gilon, Time Warner EVP Gary Ginsberg, Audible Inc. CEO Donald Katz, Robin Klein and Saul Klein. Zao says that it […]

British Airways plans to switch to Boeing 767s on its London-Tel Aviv route with the smaller Airbus 320s on the route this winter. The change will affect the passengers’ flight experience and quality of service, due to the switch from a wide-bodied airliner to a narrow-bodied plane, and the elimination of first class and a […]

Delek Group Ltd. (TASE: DLEKG) today published a new offer to purchase for Delek Energy Systems Ltd. (TASE: DLEN) and delist the company from the TASE. The offer totals NIS 837 million, most of which will be paid in shares of Delek Energy gas exploration subsidiaries Avner Oil and Gas LP (TASE: AVNR.L) and Delek […]