EUREKA’s representatives from 40 countries are investing 134 million euros ($194 million) in 89 initiatives across Europe, 14 of which have Israeli partners. Israel has been one of the five most active members in EUREKA, the leading industrial R&D initiative in Europe, boasting the same number of projects as much bigger [EU] countries. In 2011, […]
Category: Latest News Israel
Mekorot National Water Company will develop Uganda’s water infrastructures under an agreement signed with the government-owned National Water and Sewerage Corporation. Mekorot will ultimately build 11 dams and reservoirs to supply water to two million residents. Mekorot will first build projects in Karamoja district in Uganda’s arid northeast, but hopes to expand its work throughout […]
Israel’s cabinet approved the country’s membership in the European Organisation for Nuclear Research (CERN) that currently includes 20 states, 18 of them from the EU. Israel first joined the organisation in 1991 as an observer state, and became a special observer state in 2009. Based in Geneva, CERN is the world leader in the research […]
“Over the next five years, we expect to continue to grow our business tremendously in Israel and will benefit significantly by being able to leverage the academic network and the talented engineers in the region.” – Dr. Orna Berry, vice president and general manager of EMC Israel COE. EMC Corporation, one of the world’s leading […]
The U.S. Food and Drug Administration (FDA) approved Novocure’s non-invasive NovoTTF-100A System for the treatment of brain tumors. The NovoTTF, a portable, wearable device that delivers anti-cancer therapy as patients pursue their normal daily activities, is the first ever medical device for the treatment of cancer as an alternative to chemotherapy. The device was approved […]
As reported in Globes.co.il: Alcatel Lucent appointed Dor Skuler, 34, as VP cloud enablement to manage the center. Alcatel Lucent SA today officially launched its global cloud computing center in Israel, keeping its promise made when it recently closed its optics R&D center and fired scores of employees. The new business unit will include an R&D […]
As reported in Globes.co.il: The former Israel Corp. chairman met PA President Mahmoud Abbas who conveyed a message to the Israeli government. Idan Ofer, the former chairman of Israel Corporation met Palestinian Authority President Mahmoud Abbas (Abu-Mazen) at the Mukataa in Ramallah today, at Abbas’s request. Ofer is part of a delegation of Israel Initiates (“Yisrael […]
As reported in Globes.co.il: A pipeline from Leviathan would be a technically complex project that could cost over $6 billion. Sources inform ”Globes” that Israel and Greece have made real progress toward a memorandum of understanding on an agreement to export natural gas from the Leviathan field via Greece. The parties also agreed to make a […]
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Tel Aviv 25 hits new record
As reported in Globes.co.il: The previous all-time high of the Tel Aviv Stock Exchange’s benchmark index was reached on January 19. The Tel Aviv 25 Index rose 0.2% today to close at 1,341.89 points, breaking the previous all-time high of 1,340 points reached on January 19. The Tel Aviv 100 Index rose 0.41% to 1,221.59 points.Trading […]
In the first quarter of 2011, 140 Israeli Hi-Tech companies raised $479 million from venture investors – both local and foreign. This was the highest quarterly amount raised in the last two years, 39% above the amount raised by 100 companies in the previous quarter. The average company financing round was $3.42 million. To read […]
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