As reported in Globes.co.il; The agreement was needed by Delek and Alon in order to receive bank financing to develop the Tamar gas field. The Israel Electric Corporation (IEC) (TASE: ELEC.B22) board of directors this evening approved a $8 billion agreement to buy natural gas from the Tamar partners. The agreement concludes two years of negotiations […]
Category: Latest News Israel
Argan oil, the much-in-demand product of the endangered Moroccan argan tree, is now available in a hardy ‘super’ strain developed in Israel. There isn’t much left for chefs to discover in this world. With cheap flights and international commerce, our global village has been combed over with a fork, quite literally. Most of the best […]
As reported in Globes.co.il: Aharon Aharon will head Apple’s first ever development center outside of its California headquarters. Sources inform “Globes” that Apple Inc. has decided to open a development center in Israel focusing on semiconductors. The decision was taken even before the company entered into talks to acquire Herzliya-based flash storage solutions provider Anobit […]
As reported in ZDnet: Calcalist says that Apple is making its largest hardware acquisition ever: Israeli firm Anobit. Who are they and what would they do for Apple? I’ve spoken to Anobit’s CTO, Avraham Meir, and studied the technology. Here’s what they’re buying – and why. If the story is correct, Apple is not only getting […]
A report by the Economic and Development Review Committee (EDRC) of the Organization for Economic Co-operation and Development (OECD) on the State of Israel was released today (December 12, 2011). The report has provided focus-areas where further responsiveness is desirable, and scenarios where Israel has and continues to display economic resilience. Topics raised by the […]
As reported in Port2port: In light of the strong demand for Israeli products in Vietnam, it was decided to increase credit lines to East Asia At a ceremony held today in the presence of the President of the State of Israel, Mr. Shimon Peres, the President of Vietnam, Mr. Truong Tan Sang, and the Deputy […]
As reported in Port2port: The Israeli cabinet approved last week one of the Trajtenberg social reform committee report recommendations to increase market competition. The cabinet approved last week exempting from customs duties for online purchases of goods- ordered for private use and sent by either mail or air freight – from duty up to a […]
Cooperation with both countries to increase after WATEC 2011 conference on water, renewable energy and environmental control. Israel signed agreements with Taiwan and Kenya on the sidelines of the WATEC 2011 conference this week, which will see it increase water-technology cooperation with both countries. The three-day international exhibition and conference on water, renewable energy and […]
The trial met its primary and secondary endpoints, and was found to be effective and safe. Andromeda Biotech Ltd. today reported success in the Phase III clinical trial of its Diapep277 drug for the treatment of Type 1 (juvenile) diabetes. The trial met its primary and secondary endpoints, and was found to be effective and […]
Israeli companies are increasingly looking eastward to compensate for falling demand from Europe and the United States. China was Israel’s third-largest export destination in the first three quarters of 2011, showing evidence that Israeli companies are increasingly looking eastward to compensate for falling demand from Europe and the United States, the Israel Export Institute […]
