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Latest News Israel

Arava Power receives first permanent solar energy license

As reported in IVC: Israel’s first 4.95-megawatt solar energy farm at Kibbutz Ketura has been in operation since August 30. Arava Power Company yesterday received Israel’s first permanent solar energy license for its farm at Kibbutz Ketura. The 4.95-megawatt solar energy farm, Israel’s first, has been in operation since August 30. Arava Power owns 12 […]

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Latest News Israel

INTEL BUYS ISRAELI MOBILE NAVIGATION FIRM TELMAP

Chipmaker Intel Corp has agreed to acquire mobile navigation software maker Telmap. Telmap, which provides mapping, local business listings and other location-based services, has been profitable since last year, with sales for 2010 reaching $28 million, and an expected turnover of $33 million for 2011. Telmap powers mapping applications for a number of mobile operators, […]

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Latest News Israel

TECHNION PROF DANIEL SHECHTMAN WINS NOBEL PRIZE IN CHEMISTRY

Professor Daniel Shechtman of the Technion-Israel Institute of Technology has been designated the winner of the Nobel Prize in Chemistry for 2011 for his discovery of quasicrystals – a new form of matter that has become a major subject field for physicists, materials scientists, mathematicians, and crystallographers. Shechtman, who was born in Tel Aviv in […]

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Latest News Israel

ISRAEL TO TRADE FREELY WITH MERCOSUR; ARGENTINA – ISRAEL SIGN FTA

Argentina became the last of the South American Mercosur trade block of four to sign a free trade agreement with Israel. Trade in 2010 between Israel and the other countries that comprise Mercosur, Brazil, Uruguay and Paraguay, reached $1.8 billion. Trade with Argentina, on the other hand, only reached $130 million due to high tariffs on […]

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Latest News Israel

PM Netanyahu to Award PM’s Prize for Initiatives and Innovation

Prime Minister Benjamin Netanyahu will, this year, for the second time, award the “Prime Ministers Prize for Initiatives and Innovations” in order to encourage initiatives, innovational thinking, imagination and creativity among various population groups, including young people.  The goal of the Prize is to lead to significant changes in society, the environment, science, technology, etc. […]

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Latest News Israel

IMF: Israel’s economy likely to expand 4.8% in 2011

The report cut the world growth outlook to 4% in 2011 and 2012, compared to a previous forecast of 4.5% for 2012  The IMF (International Monetary Fund) predicted last week that in 2011 Israel’s economy is likely to expand 4.8% this year, the same as last, compared to a previous forecast of 3.8%.  The figures […]

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Latest News Israel

Israel’s top 45 greatest inventions of all time

A new exhibit pays homage to Israeli ingenuity behind gadgets like the Disk-on-Key, PillCam, solar windows and a space camera One of Israel’s sources of pride is the enormous number of inventions and innovations that have taken root on its soil over 63 years — despite challenges of geography, size and diplomacy. The ever-churning Israeli […]

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Latest News Israel

Israeli business incubator launches in China

Rapidly growing Israel-China link includes new industrial initiatives and a plan to teach Israel studies at Chinese universities “Israeli businessmen are clever, hardworking and serious — similar to Chinese businessmen,” says Eric Zhao, vice director of the investment promotion bureau of the Jiangsu Wujin Economic Zone (WEZ) in Changzhou, China. Zhao was recently in Tel Aviv […]

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Latest News Israel

Israeli scientist wins Nobel Prize in chemistry

Daniel Shechtman becomes the third Israeli to win the Nobel Prize in Chemistry, and the 10th Israeli to win a Nobel. Israeli scientist Daniel Shechtman has won the Nobel Prize in Chemistry for his controversial discovery of non-repeating patterns in atoms called quasicrystals. He is the third Israeli to win the award in chemistry, and […]

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Going naked to save the Dead Sea

Spencer Tunick gathers 1,000 volunteers to pose in the buff at the Dead Sea to bring attention to the ecologically troubled site. Why did American photographer Spencer Tunick put out a call for 1,000 volunteers to pose without their clothes at the Dead Sea in September? Apart from the artistic element, Tunick also hoped the […]