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Latest News Israel

Better Place delivers first 100 Fluences electric vehicles in Israel

As reported in Port2Port: Better Place has commenced delivery of the first 100 electric Renault Fluences with lithium ion batteries to Israeli customers, as part of its target of 45,000 fleet vehicles in Israel. After years of tests and trial programs, the deliveries mark a big step in the company’s efforts to build out an […]

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Latest News Israel

Israel Corp in talks on $4b gas deal with Tamar

As reported in Globes: Yosef Maiman’s biggest customer, Idan Ofer, is about to defect to Yitzhak Tshuva. Israel Corporation (TASE: ILCO) has resumed negotiations with the Tamar partners – Tshuva-controlled Delek Group Ltd. (TASE: DLEKG), Noble Energy Inc. (NYSE: NBL), Isramco Ltd. (Nasdaq: ISRL; TASE: ISRA.L), and Alon Natural Gas Exploration Ltd. (TASE: ALGS) – […]

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Latest News Israel

SingTel in talks to buy Amobee for $300-350m

As reported in Globes: Mobile ads company Amobee Ltd. has been in acquisition talks with a number of companies for several months at a value of $300-350 million, including negotiations with Singapore Telecommunications Ltd. (SGX: T48, ASX: SGT) (SingTel). SingTel was in talks to invest in Amobee last year. Amobee has raised $55 million from […]

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Building engineers, one LEGO brick at a time

The 2011 Youth Business International (YBI) Entrepreneur of the Year competition award went to an Israeli startup that teaches children the fundamentals of engineering and robotics as they play with toy building sets. “Integrating engineering with playing is a new approach,” says Amir Asor, the 26-year-old CEO of the Decade Group, recipient of the prestigious […]

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Latest News Israel

Double digit growth for Israel’s diamond exports in 2011

As reported in Port2Port: Israel’s total net polished diamond exports increased 23.5% in 2011 over 2010, reaching US$7.2 billion The Israeli Diamond Industry reported last week that it concluded 2011 with 23.5% growth in exports. This was achieved despite a slowdown in activity reported in the global diamond industry in the fourth quarter of 2011. […]

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Latest News Israel

McAfee: Israel tops cyber-defense survey

As reported in Globes: Israel, Finland and Sweden top the McAfee cyber-defense survey of leading experts’ perception of a nation’s defenses, with a score of 4.5 out of 5. The rankings are based on the perceived quality of a country’s cyber-readiness – the ability to cope with a range of threats and attacks. Israel tops […]

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Safer radiation therapy

An Israeli company’s biodegradable ‘balloon’ radically reduces the negative side effects of radiation in cancer treatment. The balloon is inflated to protect the healthy cells The main drawback of radiation therapy for cancer patients is that it harms healthy tissues surrounding a malignant tumor under radiation bombardment. Now the Israeli company BioProtect has come up […]

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Latest News Israel

Israel eyes next-generation Internet

As reported in IVC: State-owned electric company hopes to roll out nationwide, high-speed broadband network in coming months, aiming to put Jewish state at forefront of next generation of Internet technology Israel is often referred to as “Startup Nation,” thanks to its long history of high-tech breakthroughs produced by scrappy little companies. But in one […]

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Latest News Israel

Expo 2015 wooing Israeli companies

As reported in IVC: Organizers of Universal Exposition in Milan calling on Israelis to take part in bids for site’s construction in order to enjoy greater exposure, as well as bigger and more attractive pavilion The Expo Milano Universal Exposition will only be held in 2015, but its organizers are already calling on Israeli companies […]

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Latest News Israel

Siemens Israel looks to repeat Arava Power success

Siemens Concentrated Solar Power Ltd. (formerly Solel Solar Systems) built Israel’s first solar energy field that Arava Power Company inaugurated at Kibbutz Ketura last summer. The German giant Siemens AG (DAX: SI; NYSE: SIE) also acquired 37% of Arava Power for $15 million in 2009. Siemens acquired 100% of Solel Solar for $418 million in […]