As reported in the Jerusalem Post, It’s not just about the technology, it’s also about the business plan. Startups here are a dime a dozen – or, as they say in Israeli supermarkets, two for one. Anyone with a couple of bucks (or access to some money) and a halfway decent idea can hang out […]
Category: Latest News Israel
As reported in Invest in Israel, foreign direct investment in Israel reached $3.8 billion in 2009, compared with $10.8 billion in 2008 and $8.8 billion in 2007, as investors worldwide tightened their belts in the wake of the global financial crisis. Proceeds from M&As involving Israeli companies that were either acquired or merged, totaled $2.54 […]
As reported in Invest in Israel, “Israel has been an important market for TTI for many years due to its significant growth in high-tech and the electronics industry.” – TTI CEO and president Paul Andrews. Electronics components maker TTI Inc, a Berkshire Hathaway company, bought Net-Aye Technologies Ltd., a leading specialized interconnect and LED distributor […]
As reported in Invest in Israel, Billing software company Amdocs has acquired mobile payments and m buy cheap kamagra essaging firm MX Telecom for $104 million in cash. MX Telecom provides connectivity and infrastructure, as well as facilitating payment and digital content delivery. The British mobile payments and messaging aggregator will become part of Amdocs’ […]
As reported in Invest in Israel, The Israeli Cabinet approved Finance Minister Yuval Steinitz’s pr buy kamagra online oposal to continue with the biennial state budget model in 2011-2012. The 2-year model, which was also backed by the Bank of Israel, will allow the government to present a long term plan and maintain market stability. […]
As reported in Invest in Israel, Teva Pharmaceutical Industries Ltd., the world’s largest maker of generic drugs, acquired German generic pharmaceuticals company Ratiopharm for $4.9 billion. Through the acquisition of Ratiopharm, which is the second-largest player in the German generics market, Europe’s biggest, Israel’s Teva becomes number one in Europe as its presence in Spain, […]
As reported in Invest in Israel, The Central Bureau of Statistics said that Israel’s GDP rose by an annualized 4.9% in the fourth quarter of 2009 and that growth for the year was 0.7%, slightly higher than earlier estimates. Given Israel’s population growth rate of 1.7%, GPD per capita only declined by 1.1%, placing it […]
As reported by IVC Online, transportation attracted $704M this past quarter, while energy efficiency and solar remain key sectors to watch, according to latest Cleantech Group data. Cleantech venture capital investment was up 29 percent in the first quarter of 2010 compared to last quarter, and 83 percent higher than the same quarter a year […]
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Israel: Defying all odds
The Soreq desalination plant will be constructed under the Build-Operate-Transfer (BOT) process. SDL, comprised of IDE and Hutchinson Water, was announced as the winner in the tender. SDL undertakes to plan, build and operate the desalination plant for an overall period of 26.5 years, after which the plant will be transferred to State ownership. SDL […]
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