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Work begins on largest private power station

As reported in Globes.co.il: The $870 million project for Dorad Energy is being built by Wood Group, the UK company’s first activity in Israel. Scotland-based Wood Group plc (LSE: WG) has begun construction of Israel’s largest private power station that Dorad Energy Ltd. is establishing on land owned by Eilat Ashkelon Pipeline Company Ltd. (EAPC) in […]

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Unemployment falls to 6%, near all-time low

As reported in Globs.co.il: The unemployment rate fell from 6.1% in January and 6.2% in December 2010. The unemployment rate fell again in February 2011 to 6% of the civilian labor force from 6.1% in January – close to the all-time low of 5.9% reached in mid-2008. There were 192,000 unemployed in February, the Central Bureau […]

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Pipe dreams

As reported in The Economist: ANY industry that mislays 25-30% of its product in the process of delivering it might reasonably be thought to have a problem. Yet that, according to the World Bank, is the case for the world’s water companies. Though water is cheap, it is not free. According to a report published […]

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NIS 2b project will build Israel’s tallest skyscrapers

As reported in Globes.co.il: Electra and Pangaea Real Estate are in talks to buy the Tnuva lot in Tel Aviv. 4 April 11 14:45, Avi Shauly Electra Ltd. (TASE: ELTR), controlled by Georg Salkind, and Pangaea Real Estate Ltd. (TASE:PNGD), controlled by Barak Rosen and Assaf Tuchmayer, are in talks to buy the Tnuva lot from […]

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Tender for Monitoring Israeli Metropolitan Mass Transit System

A management consulting company for monitoring the planning and execution of the Red Line LRT/Metro project in the Tel Aviv metropolitan area in Israel invites interested international entities to submit proposals for the provision of consulting services to the Government of the State of Israel (GOI) and assistance to the GOI in monitoring and supervising […]

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Main highway connecting Tel Aviv with Jerusalem to be upgraded

As reported in Port2Port: Highway 1, will be widened and upgraded significantly during the next few year, at a cost of NIS 2.6 billion   The Tel Aviv – Jerusalem road will be widened and upgraded significantly during the next few year.   According to press release issued by the Ministry of Transport the widening, at […]

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Israel began privatization of Eilat Port

As reported in Port2Port: This is the first stage in the privatization of Israel’s seaports. The government plans to sell its entire stake in the Eilat Port Company to a private franchisee for about NIS 100 million    The Government Companies Authority published an announcement last Monday that it was selling the government’s holdings in the […]

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Roche to lead Israel stem cell consortium

As reported in Globes.co.il: The consortium is based on research by Prof. Joseph Itskovitz-Eldor of the Technion and Prof. Nissim Benvenisty of the Hebrew University. Sources inform ”Globes” that Roche Holding AG (SWX: ROG) is leading the establishment of a stem cell consortium based on intellectual property rights of Israeli universities. The consortium is based on […]

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Latest News Israel News

ISRAELI FILM IN THE SPOTLIGHT AT GUADALAJARA

Israel was chosen as the guest of honor at the 26th Guadalajara film festival, Latin-America’s most important annual film festival and main film market. Numerous Israeli films were featured including one of the first Mexican-Israeli films “Salsa in Tel Aviv,” which features a popular Mexican soap opera star. The Israeli delegation of film industry experts […]

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LEADING SECURITY TECHNOLOGY COMPANY MCAFEE ACQUIRES ISRAEL’S SENTRIGO

Intel-owned McAfee, one of the world’s largest security technology companies, is acquiring Sentrigo, a leading provider of database security and compliance, assessment, monitoring and intrusion prevention solutions. McAfee entered into an OEM relationship with Sentrigo in 2010 to offer Sentrigo database security products under the McAfee brand name. Sentrigo’s solution, called Hedgehog, uses a very […]