As reported in Port2port: The increase was the result of: Purchases of US$1,495 million of foreign exchange, A revaluation that increased the reserves by US$1,454 million and an increase of US$14 million deriving from private sector transactions The Bank of Israel reported last week that Israel’s foreign exchange reserves at the end of April 2011 […]
Category: Latest News Israel
As published on Port2port: Since 1948 Israel’s exports grew from US$6M to US$80B. The figures also show changing trends in Israel’s export economy from citrus fruit and diamonds to mainly technologic devices and systems Figures published by the economic division of Israel Export and International Cooperation Institute (IEICI) show exports grow 13,400 times since State’s […]
A trio of Israeli engineers hopes to get its robot to the moon first, and win a $30 million prize – all in the name of showing schoolchildren that science is fun. An old joke about Israelis is that Neil Armstrong lands on the moon and reports back to Houston that he already sees an […]
As reported in Israel 21c Normally, “green” and “desalination” are two words that don’t go together. Desalination is a process that takes brackish inland or sea water and makes it drinkable. This can be a lifesaver in countries with limited or no access to fresh water, such as Saudi Arabia or Jordan, but the processes […]
As reported in Israel21c Many people are surprised to learn that Israel is among the world’s top communication satellite superpowers. Israeli company Spacecom will launch the fourth in its AMOS satellite series this year, to be followed by the fifth in 2012, the sixth in 2014 and more to come. The AMOS satellite fleet will […]
As reported in Globes: Clal Biotechnology Industries Ltd. (TASE: CBI), the life sciences investment of Nochi Dankner-controlled IDB Holding Corp. Ltd. (TASE:IDBH), today announced that it will provide 40-60% of the NIS 225 million medical devices investment fund it is setting up with Israeli institutional investors. The company added that it is in talks with […]
Australian natural resources boom attracts foreign investment from Israel, and leads to a trade delegation visiting Brisbane to explore opportunities for Israeli Water Technology in the mining and coal seam gas industries. Since its founding, Israel has been coping with water scarcity and has been treating the subject as a national priority. The country has […]
As reported in Globes: Wireless communications company Broadcom Corporation (Nasdaq: BRCM) has announced that it is acquiring security software developer SC Square Ltd. for $41.9 million in cash. Headquartered in Tel Aviv’s Ramat Hahayal district, SC Square is a subsidiary of Nisko Projects Electronics and Communication (TASE:NSPR). In reporting the acquisition, Broadcom said, “With SC […]
LogNet Systems to replace legacy systems and deliver a multiple play solution for bundled voice, data and IPTV services LogNet Systems, a global provider of customer management and billing solutions for multiple play service providers, today announced that the company has been selected by V.R.M. Voizplus Limited in Thailand to deploy a multiple play customer […]
Ranking published in Research Firm’s latest Telecom Operations Management Systems (TOMS) market share report issued in March 2011 London, April 11, 2011 – cVidya Networks, (www.cvidya.com) the global leader and innovative provider of Revenue Intelligence solutions for Telecom, Media and Entertainment service providers, announced today that Gartner has ranked cVidya as number 1 for global […]
