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Latest News Israel

TowerJazz set to become world’s No. 1 specialty foundry

As reported in Globes.co.il: Chardan Capital Markets: TowerJazz will overtake Taiwan’s Vanguard International Semiconductor. Chardan Capital Markets analyst Jay Srivatsa predicts that TowerJazz (Nasdaq: TSEM; TASE: TSEM) will overtake Taiwan’s Vanguard International Semiconductor Inc. (Taipei: 5347), as the number 1 specialty foundry by the end of 2011. Vanguard’s fourth quarter revenue fell 29% from the preceding […]

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Latest News Israel

Teva buys Peruvian drug company

As reported in Globes.co.il: The deal to buy Corporación Infarmasa is estimated to be in the hundreds of millions of dollars. Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA; TASE: TEVA) announced today that it was buying Corporación Infarmasa, a top ten pharmaceutical company in Perú, from The Rohatyn Group and Altra Investments.The value of the transaction was […]

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Latest News Israel News

IMF sees 3.5% growth for Israel in 2011

As reported in Globes.co.il: In its report on Israel, the IMF says that the strengthening of the shekel has hurt the economy’s competitiveness. The IMF says that the strengthening of the shekel in the past few years has hurt the economy’s competitiveness and lowered the growth rate. The Article IV Consultation on Israel predicts that the […]

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Latest News Israel

Israel sets standard for electric car charging

As reported in Globes.co.il: Better Place is currently building its nationwide recharging network for electric cars. The Standards Institution of Israel has set the standard for charging electric cars by cables: Israel Standard 61851 Part 1.The standard will standardize methods for charging electric cars, detailing the functional and electrical requirements to ensure the availability and safety […]

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Latest News Israel News

Lufthansa and Israel Aerospace Industries: a test of semi -robotic aircraft towing system

The towing system is intended to enable an aircraft to taxi without the use of its engines. The robotically driven vehicles could save billions each year in fuel to read more (Port2Port Magazin)

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Latest News Israel

eTeacher Group Announces Free Biblical Hebrew App for iPhone

Online Language Academy Targets Smartphone Users for “On the Go” Learning eTeacher Group announced the immediate availability of eTeacher’s Biblical Hebrew application for iPhone and iPad users offering 30 Biblical Hebrew lessons free of charge. Recorded and taught by Sigal Zohar, one of eTeacher’s leading Biblical Hebrew teachers, each lesson is four to five minutes […]

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Latest News Israel

Turning the biomed dream into financial reality

Hadasit Bio model is unique, as it allows investing public access to Hadassah’s medical innovations – and the start-ups based on them. The term “biomed” has become, over the past two years, a magical word. Dozens of biomed companies have held public offerings on the local capital market and have allowed Israel’s investing public to […]

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Latest News Israel

Israel’s Fancy Colored Diamond Companies Experience Positive Trend in 2010

As reported in the Israel Diamond Portal: In recent years a new niche market has opened up in Israel – trading in natural colored diamonds.  A readily available supply coupled with high demand in the consumer market has prompted more and more Israeli companies to trade in the coveted pink and yellow diamonds. We approached these […]

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Latest News Israel

Israel is a target market for Wells Fargo

As reported in Globes.co.il: Avalon Capital founding partner Joey Sabet says that Wells Fargo knows Israeli financial software firms as their customer and is interested in their technology as an investor. The year of 2010 wasn’t outstanding when it came to venture capital and the funding of start-ups, but it ended on a positive note, […]

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Latest News Israel

Intel thinks positive about Israeli kids’ futures

As reported by Israel21c: It takes a village to educate kids properly, according to an old saying – but in Israel, it takes a high-tech company, in the form of global technology giant Intel, which is now in its eighth year of leading a program called “Think Positive+” (Choshvim Chiyuvi), which gives students all over […]