As reported in Globes: El Al Israel Airlines Ltd. (TASE:ELAL) is launching new low cost flights this fall from Luton Airport near London to Ben Gurion Airport. The round trip fare for the “Star Choice” flights is ₤275 return for travelers purchasing tickets before October 31 for flights between November 1 and December 15, 2010. […]
Category: Latest News Israel
As reported in Globes: Sources inform ”Globes” that Barclays Bank plc (LSE: BARC), one of the world’s most important banks, is opening a branch in Israel. Last month, Barclays’ representatives submitted the necessary paperwork to the Bank of Israel Banking Supervision Department, and approval is expected quickly. Barclays intends to focus on corporate banking, especially […]
As reported in Globes: All large Internet companies have been trying in recent months to fight back against Google Inc. (Nasdaq: GOOG) in its core business areas, such as search engines. For this purpose, they have made alliances, such as Facebook and Bing, the search engine of Microsoft Corporation (Nasdaq: MSFT), and between Microsoft and […]
As reported in Globes: Minister of Transport Israel Katz, Jerusalem Mayor Nir Barkat, and Egged Israel Transport Cooperative Society Ltd. chairman Gideon Mizrahi have launched the city’s first bus rapid transit (BRT) as part of the public transportation reform. The reform includes electronic road signs and will later also include the light railway line. Read […]
As reported in Port2Port: This new estimate was based on seven to nine months of accumulated data. Exports are now forecast to grow 9.1%, compared with an earlier estimate of 13.1% The Central Bureau of Statistics (CBS) said last week that due to expectations of a smaller rise in exports, Israel’s economy is forecast to […]
As reported in Globes.co.il: Dapper’s development center in Ramat Gan will become Yahoo!’s development center in Israel. Internet giant Yahoo! will buy display ad optimization technology developer start-up Dapper. Financial terms were not disclosed, but sources inform “Globes” that the deal is for $55 million. The acquisition is expected to close in 2010. The company’s development […]
As reported by IVC: Galam produces value added food ingredients, such as fructose, native and modified starches, and glucose syrups. Debt recycling fund Beresheit has made its tenth investment – NIS 94 million in kibbutz enterprise Galam Ltd., owned by Kibbutz Maanit. Closing of the deal depends on obtaining approval of the kibbutz, including a […]
As reported by IVC: Israel Cleantech Ventures Congratulates Its 5 Portfolio Companies on Their Selection to the 2010 Global Cleantech 100 List Five companies in Israel Cleantech Ventures’ (ICV) portfolio were named this week in the prestigious 2010 Global Cleantech 100, produced by the Cleantech Group in collaboration with UK based Guardian News & Media. […]
As reported by IVC: World’s lightest smartphone, created by Dan Moran and launched last week, will be sold by third largest distribution company in India – Micromax. Phone and two ‘jackets’ to cost $28 Read more here
As reported by IVC: EUREKA, a pan-European industrial R&D network, is comprised of 40 European govt’s, including the EU, and companies within those countries. Israel is the only non-European member. Israel holds the rotating presidency of EUREKA, a pan-European industrial R&D network, and has some specific areas it would like to promote, Israel Shamay told […]
