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Latest News Israel News

On the road again for old tires

As reported in Israel21C: Israel’s formula for getting green mileage from old tires could be a boon for countries with similar raw materials and climates. Old, used tires are an environmental nuisance. But now a new “green” project in Israel intends to recycle the rubber from old tires, and use as many as 1,400 tires […]

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Latest News Israel

US CONNECTIVITY GIANT CORNING BUYS MOBILE ACCESS

World-leading optical connectivity company Corning Inc has acquired Israeli wireless network solutions developer MobileAccess Ltd. MobileAccess, formerly Foxcom Wireless, was founded in 1998. The company develops distributed antenna system (DAS) solutions for wireless telecommunications coverage inside buildings. MobileAccess’ customers include AT&T Inc. (NYSE: T), Verizon Corporation (NYSE: VZ), and Deutsche Telekom AG (NYSE: DT; DAX: […]

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Latest News Israel News

High tech, commodities boost Israeli billionaires on “Forbes” list

As reported in IVC: 16 Israelis made this year’s “Forbes” The World’s Billionaires list, up from 10 last year. 16 Israelis made this year’s “Forbes” The World’s Billionaires list, up from 10 last year. Sammy Ofer and his family, with its controlling interest in Israel Corporation (TASE: ILCO) and global shipping interests, has a fortune […]

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Latest News Israel

BRITISH CHIP MAKER CSR BUYS ZORAN CORP

CSR, a provider of chips for wireless technologies, is acquiring a 65 percent share in Zoran Corporation, an Israeli maker of technology for digital photography and video, for about $679 million in stock. CSR, a 12-year-old company based in Cambridge, England, is a supplier of wireless connectivity and location chips. It sells Bluetooth, GPS, FM, […]

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Latest News Israel

ISRAEL SETS FAVOURABLE FISCAL POLICY ENCOURAGING GAS EXPLORATION

A Committee to Examine the Fiscal Policy on Oil and Gas Resources in Israel recently recommended a new fiscal structure that ensures the cash flow of projects during the debt repayment period and reduces the state’s share in profits on par with other countries. The committee’s suggestions, which take into consideration feedback from the public, […]

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Latest News Israel

PRIVATE EQUITY FIRM SUMMIT PARTNERS BUYS ISRAEL’S ANSWERS.COM

AFCV Holdings, a unit of private equity firm Summit Partners, bought Answers Corporation’s community-generated Q&A site Answers.com for $127 million in cash. The web answers search engine, one of the world’s leading Q&A sites with 5.5 million registered members as of November 2010, was established in 1999 and recently hit its 10 million answers. Summit […]

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Latest News Israel

Chilean miners visit Israel as guests of Tourism Ministry

‘Pilgrimage of Thanks’ brings the formerly trapped men to religious sites of Israel as well as tourist spots and a meeting with the president. After two months trapped underground in a collapsed mine as the world looked on in horror, 25 of the 33 rescued Chilean miners accepted the gift of a trip to Israel. […]

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Latest News Israel

Clouds in the IT forecast

Israeli ‘cloud computing’ solutions such as CloudShare and Gizmox are helping to propel a massive worldwide move to virtual information technology services. A cloud has descended on the computing world – and in that cloud, the lion’s share of the applications we work with, and even the data we produce, eventually will reside. As the […]

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Latest News Israel

Message from the Visa Section at the Australian Embassy in Tel Aviv.

” Subclass 456 (Business Short Stay) visa to Australia.:  The processing time standard has been reduced from 10 work days to only 5 word days from the day the application is received at the Australian Embassy in Tel Aviv. This is in recognition of the special needs of the business community in the current global […]

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Latest News Israel

Equities Israel Publishes First Investor Digital Directory Covering Israeli Real Estate Public Companies

Comprises financial profiles of Israel’s leading Publicly Traded Real Estate & Construction Companies for investors TEL AVIV, Israel–(BUSINESS WIRE)–M.G.M. International Publications Ltd., the leading English language publisher of digital and electronic information on Israeli public companies and securities, announced today the publication of its first Digital Directory for investors – the Equities Israel Real Estate […]