As reported by IVC Magal Notified of an Award of a $21.4 Million Contract for a Comprehensive Security System Magal Security Systems, Ltd. (NASDAQ: MAGS, TASE: MAGS) announced today that it received a formal notification from the Port Authority of an African country that it has won a tender to secure the main seaport of […]
Category: Latest News Israel
As reported in IVC: With the state having quietly prospered as haven of innovation, key players are asking whether Asian giants might steal their high-tech thunder. It is well known that the emergence of India and China is casting a shadow on the developed economies of Europe and North America. Less famous is the challenge […]
As reported in Globes: The Israeli economy continues to grow rapidly. The Central Bureau of Statistics reported today that gross domestic product (GDP) grew at an annual pace of 3.8% in the third quarter of 2010 – well above the analysts’ predictions of 2.5-3%. This follows 4.5% growth in the second quarter of 2010 and […]
As reported in Israel21c: Israelis are ready to start their engines. Jeremy Clarkson, Richard Hammond and James May – presenters of the Emmy-award-winning BBC TV series Top Gear about motor vehicles were seen crossing into Israel from Jordan on used roadsters in mid-October. The crew was reportedly in Israel to film an episode of the […]
Tel Aviv, Israel’s leisure, entertainment and cultural center, continues to win accolades and prizes, with this week’s announcement by the Lonely Planet Guide naming the coastal metropolis third in their list of the world’s top 10 cities. Coming in behind New York City and Tangier, Tel Aviv is hailed for its art and music scenes […]
As reported in Globes: Sources inform ”Globes” that a huge 45-storey hotel is slated to be built on the Ganei Sharona lot of the South Kirya lot in Tel Aviv. The Israel Land Administration (ILA) will put the six-dunam (1.5-acre) lot on the market for NIS 55 million next month. The lot is an integral […]
As reported by Globes: General Electric Company (NYSE: GE) subsidiary GE Healthcare will acquire Orbotech Ltd. (Nasdaq: ORBK) subsidiary Orbotech Medical Systems Ltd. for $9 million in cash, and up to an additional $5 million depending on meeting milestones. The deal is due to close during the first quarter of 2011. Orbotech Medical Systems develops […]
As reported by Israel 21c: The unusually hot, dry summer of 2010 proved to be particularly punishing for forests across the world. Countries including Canada, Russia and France suffered the loss of thousands of acres of woodland to raging fires. It was no better in Israel. “The statistics say this was the fourth worst forest […]
As reported in Port2Port: That is the second year Israel is ranked number 15. Norway is leading and zimbabwe is last on the list The United Nation’s has just released their annual Human Development Report, The Real Wealth of Nations: Pathway to Human Development. With what started in 1990, the Human Development Report, based on […]
For the fifth consecutive year, the Mediterranean International Wine & Spirit Challenge known as Terravino 2010, will be held in Israel, 21-27 November 2010, bringing to an end the round of international wine competitions around the world under the patronage of OIV (International Organization of Wine and Vine) that began in Paris in February. The […]
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