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Latest News Israel

Israeli start-up launches ‘mobile revolution’

As reported by IVC: New free of charge service allows users to redirect UK mobile phone number to any phone in Israel, 60 other countries Israeli start-up company Spikko is launching a revolutionary new phone service that enables consumers and business people to receive, free of charge, a local UK phone number to their existing […]

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Latest News Israel

Bargains by cell phone

As reported in IVC: An Israeli start-up has a new algorithm that tells you exactly where the bargains are in the mall, as well as the people you want to meet. Shopping is a hit-or-miss activity. How do you know where to find the best buys? Maybe the product you’re all set to purchase is […]

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Latest News Israel

Israel’s most expensive home sold for NIS 135m

As reported in Globes: High-tech and media billionaire Zaki Rakib sold his Herzliya Pituah home to online gaming billionaire Teddy Sagi. Israel most expensive home has been sold. Sources inform ”Globes” that Playtech Cyprus Ltd. (AIM:PTEC) controlling shareholder Teddy Sagi bought the seafront house on Galei Techelet Street in Herzliya Pituah from Ma’ariv Holdings Ltd. […]

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Latest News Israel

Raising fish in the desert

As reported in IVC: With fewer fish in the sea with each passing year, Israel’s Grow Fish Anywhere has found a way to grow them in the desert. “There’s plenty of fish in the sea,” the old saying goes – but that’s not as true as it once was. In fact, says Dotan Bar-Noy, CEO […]

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Latest News Israel News

The Israeli Economy – Summary of 2011

The following article summarizes key events and developments over the last year in the Ministry of Finance and the Israeli economy.   The Israeli economy continued to withstand the global economic crisis in 2011, which turned out to be an important year for the Israeli economy also due to key socio-economic issues receiving more attention. […]

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Latest News Israel News

No-fail, Painless Injections

As reported in Israel 21C: An Israeli company has spent a decade perfecting a drug delivery system that takes the needle out of your arm, and the dread out of going to the doctor. For most of us, getting an injection is a less-than-inviting experience. Many of us dread shots, or injections of medication directly […]

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Latest News Israel

Israel looks to export water tech to world’s mines

As reported in IVC: The Foreign Trade Administration has a new plan to double Israel’s water technology exports, by 2012. The Ministry of Industry, Trade and Labor’s Foreign Trade Administration has a new plan to double Israel’s water technologies exports, by 2012, from the $1.5 billion in exports in 2010. The new plan targets coal, […]

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Latest News Israel

Proposal to merge IMI with IAI, or Rafael

As reported by IVC: The trial balloon was raised during a meeting between Defense Minister Ehud Barak, Finance Minister Yuval Steinitz, and Histadrut chairman Ofer Eini. Instead of privatization, Israel Military Industries Ltd. (IMI) may be merged with Israel Aerospace Industries Ltd. (IAI) (TASE: ARSP.B1) or Rafael Advanced Defense Systems Ltd., according to a trial […]

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Latest News Israel

Xenia invests $650,000 in visual search co Superfish

As reported by IVC: Superfish raised $4 million in a series C round Visual products search solutions developer Superfish Inc. raised $4 million in its third financing round from current shareholders. Xenia Venture Capital Ltd. (TASE:XENA) invested $650,000 in the round and will owns 14.2% of the firm. The other investors were DFJ Tamir Fishman […]

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Latest News Israel

Israel Chemicals to buy Scott’s Global Pro

As reported in Globes: Israel Chemicals Ltd. is buying the Scotts’ Global Professional business from The Scotts Miracle-Gro Company (NYSE: SMG) for $270 million. Global Pro is a global provider of specialty fertilizers and horticultural and turf specialty products. Israel Chemicals will finance the acquisition from its own resources, and expects to close the deal during […]