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Latest News Israel

New Israeli technology weighs trucks without stopping

As reported by IVC: Technion and Innowattech Energy Harvesting Systems develop way to detect overloaded trucks quickly and efficiently. Truck drivers beware. A new technology developed by the Israel National Roads Company (INRC), together with researchers from the Technion and Innowattech Energy Harvesting Systems, enables vehicles to be weighed while in motion, meaning that overloaded […]

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Latest News Israel

Boaz Hirsch, Chair of the Kimberley Process : “The Credibility of the Kimberley Process is the Most Important Asset we Have”

Boaz Hirsch, Chair of the Kimberley Process for 2010 and Deputy Director General for Foreign Trade in Israel’s Ministry of Industry, Trade and Labor, granted the Israel Diamond Institute an interview to discuss the issues concerning the KP just prior to the 2010 Plenary session, due to be hosted by Israel in Jerusalem between the […]

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Latest News Israel

El Al launches low cost London – Tel Aviv flights

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. […]

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Latest News Israel

Barclays Bank to open first Israeli branch

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 […]

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Latest News Israel

Google strengthens Israel connection

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 […]

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Latest News Israel

Transport revolution underway in Jerusalem

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 […]

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Latest News Israel

CBS forecasts: Israel’s economy to grow 4% in 2010

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 […]

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Latest News Israel

Yahoo! Buys Display Ad Co. Dapper for $55m

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 […]

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Latest News Israel

Beresheit Fund invests in kibbutz co Galam

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 […]

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Latest News Israel

Israel Cleantech Ventures Congratulates Its 5 Portfolio Companies on Their Selection to the 2010 Global Cleantech 100 List

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. […]