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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
