As reported in Globes: Yosef Maiman’s biggest customer, Idan Ofer, is about to defect to Yitzhak Tshuva. Israel Corporation (TASE: ILCO) has resumed negotiations with the Tamar partners – Tshuva-controlled Delek Group Ltd. (TASE: DLEKG), Noble Energy Inc. (NYSE: NBL), Isramco Ltd. (Nasdaq: ISRL; TASE: ISRA.L), and Alon Natural Gas Exploration Ltd. (TASE: ALGS) – […]
Category: Latest News Israel
As reported in Globes: Mobile ads company Amobee Ltd. has been in acquisition talks with a number of companies for several months at a value of $300-350 million, including negotiations with Singapore Telecommunications Ltd. (SGX: T48, ASX: SGT) (SingTel). SingTel was in talks to invest in Amobee last year. Amobee has raised $55 million from […]
As reported in Port2Port: Israel’s total net polished diamond exports increased 23.5% in 2011 over 2010, reaching US$7.2 billion The Israeli Diamond Industry reported last week that it concluded 2011 with 23.5% growth in exports. This was achieved despite a slowdown in activity reported in the global diamond industry in the fourth quarter of 2011. […]
As reported in Globes: Israel, Finland and Sweden top the McAfee cyber-defense survey of leading experts’ perception of a nation’s defenses, with a score of 4.5 out of 5. The rankings are based on the perceived quality of a country’s cyber-readiness – the ability to cope with a range of threats and attacks. Israel tops […]
As reported in IVC: State-owned electric company hopes to roll out nationwide, high-speed broadband network in coming months, aiming to put Jewish state at forefront of next generation of Internet technology Israel is often referred to as “Startup Nation,” thanks to its long history of high-tech breakthroughs produced by scrappy little companies. But in one […]
As reported in IVC: Organizers of Universal Exposition in Milan calling on Israelis to take part in bids for site’s construction in order to enjoy greater exposure, as well as bigger and more attractive pavilion The Expo Milano Universal Exposition will only be held in 2015, but its organizers are already calling on Israeli companies […]
Siemens Concentrated Solar Power Ltd. (formerly Solel Solar Systems) built Israel’s first solar energy field that Arava Power Company inaugurated at Kibbutz Ketura last summer. The German giant Siemens AG (DAX: SI; NYSE: SIE) also acquired 37% of Arava Power for $15 million in 2009. Siemens acquired 100% of Solel Solar for $418 million in […]
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Stem cells to slow ALS?
The muscle wasting caused by Lou Gehrig’s disease – amyotrophic lateral sclerosis (ALS) – is quick and fatal, with many not surviving five years after diagnosis. Internal organs eventually shut down, leading to respiratory failure. But promising stem cell research from laboratories at Tel Aviv University<http://medicine.tau.ac.il/index.php/departments/pre-clinical-departments/cell/introduction> is the basis of a new drug that could […]
As reported in Israel21c: Rainstorms wash away what nature can’t clean up, but this often comes at a price. Runoff from agricultural fertilizers, animal waste and human sewage are poisoning wells and aquifers with nitrates. These compounds cause harmful algae blooms and pose health risks for pregnant women and formula-fed newborns. Water companies currently deal […]
As reported in Port2Port: Taiwan and Israel had reached a consensus over the establishment of a working group to study the feasibility of signing a free-trade agreement (FTA) by 2013. Taiwan’s Minister of Economic Affairs Shih Yen-shiang announced the mutual understanding at the Ministry of Economic Affairs’ year-end press conference held in Taipei. The Minister […]
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