“Since early 2008 it seems that Israel acquired the status of a safe haven, with sharp growth in the movement of capital into the market and the revaluation of the real exchange rate.” So says the IMF in its world review. The International Monetary Fund (IMF) praised Israel’s response to the recent economic crisis and […]
Category: Latest News Israel
As reported in by Standard and Poor’s , following completion of the transaction, ORL holds 100% of CAOL, while IPE increases its holding in ORL to 30.7%, and the Israel Corp. and the public will respectively hold 37.1% and 32.2% of the Company. In parallel to the completion of the transaction, the Israeli Government has […]
Adaptive Imaging Technologies (AIT), an Israeli security start-up, won the “Most Promising Startup” award at the Global Security Challenge in London for its digital surveillance system that allows a single device to provide the same functionality as a large number of conventional wide-angle and telescopic cameras. The so-called “Panoramic Telescope” continuously monitors a 180 degree […]
To boost entrepreneurial activity and encourage further innovation in the cleantech sector, Israel’s Ministry of Industry, Trade and Labor is creating a renewable energy center and a water technology center in the Negev. The centers will be established following a tender procedure including Israeli and international investors and have an approved 5-year budget of 100 […]
A new book called “Start-Up Nation: The Story of Israel’s Economic Miracle,” explores the culture behind Israel’s economic success and maintains that those same factors which allowed Israel to excel would ensure its continued growth among the economic leaders of the world. The book’s authors, Dan Senor and Saul Singer, who interviewed more than 100 […]
“Israel is one of only four A-rated countries that will emerge from the recession in 2009” – Fitch Credit rating agency Fitch Ratings reiterated Israel’s sovereign debt rating at A with a “Stable” outlook, while Israel’s domestic bond rating was maintained at A+ with a “Stable” outlook. Fitch follows Moody’s Investors Service and S&P, both […]
US computing giant IBM is acquiring database security company Guardium for $225 million. Guardium, which was founded in 2002 as a subsidiary of Israel’s Log-On Software, has been headquartered in Boston, Massachusetts since 2003.
Over the past few years IBM has acquired more than 20 Israeli companies, alongside its large investment in its Israeli research and development facilities . IBM has over 2000 employees in Israel located in Haifa, Rehovot and Jerusalem.
The Israeli Water Sector has great potential because it is engaged in this field for over 60 years and the technology, the experience, the know how that was accumulated in Israel for all those years is been reflected in the technology and products that are being developed. to read and see more please click here
Alvarion Ltd., the world’s leading provider of WiMAX and wireless broadband solutions, today announced it has been selected by Adam Internet to deploy a WiMAX network across metropolitan Adelaide, Australia. Adam Internet is building a wireless broadband network as part of the Australian government’s Broadband Guarantee Program aimed at providing services to all Australian residents. The […]
Three Israeli artists working internationally were included in Flash Art magazine’s list of the “Top 100 Emerging Artists” in the world. Keren Cytter, a visual artist who works in Berlin, is ranked number 2, while Elad Lassry, who works primarily in film and photography in Los Angeles, shares the sixth position with a Georgian […]
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