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Latest News Israel

Haifa port: 2010 was a record breaking year

As reported in Port2Port: The port noted that 12% increase was registered in the number of containers transhipped through the port -TEU 1,263,552 handled Haifa port, one of Israel’s main maritime gateway and main hub ports in the eastern Mediterranean, announced last week that the port handled TEU 1,263,552in 2010, a record breaking figure in […]

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Latest News Israel

Israel’s 2010 inflation rate – 2.7%

As reported in Port2port: According to CBS the CPI rose 0.4% in December followong a 3.9% CPI increase in each of the previous two years According to data released by Israel’s Central Bureau of Statistics, the consumer price index (CPI) rose 0.4% in December, bringing the 2010 inflation rate to 2.7% and following a 3.9% […]

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Latest News Israel

The Great African Hope in Israel

As reported by the Israel Diamond Portal: Brian Gutkin and Johnny Kneller are coming home. After years of successful business in South Africa and Belgium with the Safdico Company, they have decided to make Israel Safdico’s home. In January they will officially open an office in Ramat Gan, trading in rough and polished diamonds. It […]

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Latest News Israel

Intel developing next generation Netbook processor in Jerusalem

As reported in IVC Cedarview is considered the next generation to Intel’s Atom processor architecture. While Intel Corporation’s (Nasdaq: INTC) new Sandy Bridge architecture, developed at Intel Israel‘s Haifa R&D center, has drawn most attention, the company is keeping future developments close to its chest. The next big thing that will emerge from Intel Israel […]

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Latest News Israel

Summary of Israeli High-Tech Company Capital Raising – 2010

As reported in IVC IVC and KPMG Report: Israeli high-tech capital raising in 2010 reached $1.26 billion, 13 percent above 2009 level; Israeli VC Fund investment share – continues to decline The following are the findings of the IVC-KPMG Quarterly Survey conducted by the IVC Research Center in cooperation with KPMG Somekh Chaikin Israel. This […]

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Latest News Israel

Preventing another Wikileaks

As reported in Israel 21c Besides spilling the secrets of 100 empires, the Wikileaks scandal revealed to the world just how vulnerable “secure” data really is – and how ineffective traditional data protection methods, like firewalls, really are. After all, if an army officer armed only with a rewritable CD could manage to lift hundreds […]

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Latest News Israel

Intel Israel to recruit 1,000 new employees

As reported in IVC: Intel Israel Ltd. is to recruit 1,000 new employees in 2011 to develop and produce 22 nanometer technology. Intel Israel currently has 7,057 employees and general manager Maxine Fassberg said that the company indirectly employs an additional 20,000 people. Intel Israel exported $2.7 billion in 2010, down from $3.4 billion in […]

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Latest News Israel

Avi Paz: Moving Out of the Crisis and Looking Forward

As reported by the Israel Diamond Portal: Avi Paz, President of the Israel Diamond Exchange and the World Federation of Diamond Bourses, granted the Israel Diamond Institute an exclusive interview to discuss developments in the local diamond sector. IDI: How was the year 2010 for the Israeli diamond sector? Avi Paz: 2010 was a year […]

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Latest News Israel News

Covertix Attracts Investment from Kima Ventures

  Funding to accelerate Covertix plan to further expand its global reach and enter the European market  Covertix, a provider of Information Rights Management (IRM) solutions for sensitive data file-level protection and control, today announced that the company has secured strategic investment from Kima Ventures. The funding will be used by Covertix to enter the […]

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Latest News Israel

A lesson on employment courtesy of Israeli army

As reported by the Sydney Morning Herald: A banking executive lamented to me the challenges of retaining Gen Y employees. A graduate had resigned after a mere three months with the company and explained his departure in terms of not having received the one-on-one training he had expected from the CEO. This executive is not […]