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Record tourism income in 2012 despite Gaza operation

As reported in Globes: Tourism income from foreign visitors rose to $5.1 billion in 2012 from $5 billion in 2011. Despite Operation Pillar of Cloud and missiles falling from Gaza in November, which hit tourism to Israel at the end of the year, income from foreign tourism reached a record $5.1 billion in 2012, according […]

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Latest News Israel

Israeli Startup Is Making Beer Smarter!

Israeli startup Weissbeerger Ltd. has embarked on the path taken by mobile phones, television, and cars, and plans making the beer tap smart. The company’s product enables bars and pubs to save money, boost beer revenue, and to better manage the supply chain. Weissbeerger is a unique startup that offers an alcohol monitoring system. Its […]

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Leviathan may have 15-year Israel oil supply

“The deepest oil well drilled in Israel’s 65-year history may be the most important,” says “Bloomberg” in a report on the new Leviathan well, which will target oil-bearing strata, 6,500 meters below the Mediterranean seabed. The strata may have as much as 1.5 billion barrels of crude oil, equal to about 15 years of Israeli […]

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Latest News Israel

‘Kaptain Sunshine’ swoops in to save Israel’s electric cars

As published inIsrael21C: “Kaptain Sunshine” Yosef Abramowitz — former journalist turned activist, turned solar-energy pioneer kibbutznik, turned “car salesman” as he puts it jokingly — is now steering bankrupt Better Place electric car charging network out of debt. Last week, Abramowitz and his partners –– about 900 Israeli electric vehicle owners and drivers, and investors […]

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Latest News Israel News

Given Imaging says PillCam Colon approved in Japan

As reported in Bloomberg: Given Imaging, the Israeli company with a very strong presence in Australia has been approved in the Japanese market. Given Imaging Ltd. said Monday that regulators in Japan have approved its PillCam pill-sized diagnostic camera for use in diagnosing diseases of the colon. The Israeli company said the PillCam Colon is […]

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Latest News Israel

Hoodia gum maker defends satiety effect

The maker of a newly launched appetite suppressant gum claims to be the first to have self-affirmed GRAS status for hoodia in the US and hopes to overcome the negative image of the plant as a weight management ingredient. Desert Labs launched ‘Snack Less’ gum in October last year containing hoodia, a genus of 13 species […]

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Frenkel approved as Bank of Israel Governor

As reported in the Jerusalem Post: A committee headed by former Supreme Court justice Jacob Turkel approved Jacob Frenkel to be the next Bank of Israel governor on Wednesday, paving the way for President Shimon Peres and the cabinet to finalize his appointment. The committee did not take into account a salary scandal, in which […]

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Latest News Israel News

Delek, Noble Energy sign Cypriot LNG plant MOU

As reported in Globes: The Tamar and Leviathan partners signed a MOU with the Cypriot government to build an LNG plant on the island’s southern coast. Delek Group Ltd. (TASE: DLEKG), controlled by Yitzhak Tshuva and Noble Energy Inc. (NYSE: NBL) have signed a memorandum of understand with the Cypriot government to build a liquefied […]

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Latest News Israel News

Woodside Reviewing Israel Plan – report

As reported in Globes.co.il: The Australian energy company is reportedly considering joining the consortium for building an LNG plant in Cyprus instead of in Israel. “The West Australian” reports that Woodside Petroleum Ltd. (ASX: WPL) is considering joining a liquefied natural gas (LNG) consortium in Cyprus, instead of in Israel. Woodside, which had planned to […]

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The Minister of Finance meets with the President and CEO of Siemens

Normal 0 false false false EN-AU X-NONE HE /* Style Definitions */ table.MsoNormalTable {mso-style-name:”Table Normal”; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-parent:””; mso-padding-alt:0cm 5.4pt 0cm 5.4pt; mso-para-margin:0cm; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:”Times New Roman”,”serif”;} The Minister of Finance Minister, Yair Lapid, met this morning with the President and CEO of Siemens, Peter Löscher. The two discussed the strengthening […]