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Latest News Israel

Another triumph for Israeli wine

As reported in Israel 21c: If only Victor Schoenfeld could have learned the secrets of his ancient forebears’ winemaking enterprise in what is now the Golan Heights. But the Roman conquest put an end to winemaking here back in the eighth century, and grapes were only reintroduced to the rich soil of the Golan Heights […]

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European lawmakers adopt resolution on R&D cooperation

As reported in port2port: The conference. That was held at the Knesset, adopted a resolution committing members to expanding market-oriented R&D projects A group of European parliamentarians met last week at the Knesset for the 17th biennial Eureka inter-parliamentary conference. The conference adopted a resolution committing members to expanding market-oriented R&D projects and to fostering […]

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CII signed an agreement with Israel’s High Tech Industry Association (HTIA)

As reported in port2port: The Confederation of Indian Industry and Israel’s High Tech Industries Association (HTIA) will work to establish a network that would bring investors and entrepreneurs close and expand trade The Confederation of Indian Industry (CII) and Israel’s High Tech Industries Association (HTIA) signed last week an agreement to bring Israeli technology and […]

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Israeli firms offer technology to slake the world’s thirst

As reported in The Economist:  MOSES parted the waters. Strauss aims merely to separate the waters from their yucky impurities. On May 18th in Shanghai Israel’s second-largest food and drinks firm will launch a high-tech purifier that not only filters water but also heats it to exactly the right temperature for making tea. Strauss has […]

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Israel Ranked 17th in IMD World Competitiveness Yearbook 2011

As reported in Port2port: Israel is 1st in the world in total expenditures of R&D as % of GDP, entrepreneurship, central bank policy and scientific research and 2nd in access to venture capital and public expenditure on education According to the 2011 World Competitiveness Yearbook (WCY) of the International Institute Management Development (IMD) in Lausanne, […]

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Greylock Israel Partners Closes Second Fund

As reported in IVC Greylock Israel Partners today announced that it has closed a $160 million fund, Greylock Israel II, from which it will continue to invest in exceptional enterprise and consumer technology companies at all stages of development, from seed to early to growth, in Israel and Europe. As with previous Greylock funds, this […]

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Latest News Israel

AMD to establish Israel R&D center in Tel Aviv

As reported by Globes: Advanced Micro Devices Inc. (NYSE: AMD) today announced that it will set up an R&D center in Tel Aviv, based on heterogeneous computing and 3D graphics developer Graphic Remedy, which it acquired six months ago. According to IVC, the acquisition was made at a value of $5 million. AMD says that […]

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Noble Energy raises Israeli gas reserves forecast

As reported in Globes: Noble Energy Inc. (NYSE: NBL) president and CEO David Stover has delivered good news for Israel’s natural gas and oil sector. He told a UBS conference in the US, “It’s possible that over the next few years gas reserves in the Israel region will rise to 35-45 trillion cubic feet (TCF) […]

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Turkey Israel’s 3rd largest export market in Q1

As reported in Globes: Notwithstanding political tensions between Israel and Turkey, Turkey rose to Israel’s third largest export market in the first quarter from ninth place in the corresponding quarter of 2010, the Israel Export and International Cooperation Institute reports today. Exports of goods (excluding diamonds) to Turkey totaled $500 million in the first quarter, […]

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JVP raising $70m fund

As reported in Globes: Jerusalem Venture Partners, run by founder and managing partner Erel Margalit, is raising a new $70 million fund. JVP today announced that it has already raised the first $50 million of the fund and that it is close to raising the remaining $20 million. The new fund, which it is calling […]