The company said that it will issue 46.5 million shares at a 2.5% discount on yesterday’s closing price in London. Playtech Cyprus Ltd. (AIM:PTEC) announced this morning that it plans to raise 100 million euro. The company said that it will issue 46.5 million shares at a 2.5% discount on yesterday’s closing price in London. […]
Category: News
An Israeli solar company, Arava Power, is working to help the Bedouin Arabs, a mostly nomadic tribal people living in Israel, develop their share of the solar industry. Last year, Arava signed a contract with the Tarabin tribe in the Negev desert to build a solar installation. The contract was the company’s first step toward […]
Annual medieval festival in the Old City of Jerusalem brings troubadours, jugglers, acrobats to the city’s ancient streets. Performers from the Italian Carnival of Venice joined Israeli counterparts in a festival full of music, fire juggling, plays, crafts, stunts and jousting every Thursday night during the month of November in the alleyways of Jerusalem’s Old […]
VideoSurf was founded by four Israelis and investors include Pitango and Orbotech. Microsoft Corporation (Nasdaq: MSFT) has acquired VideoSurf for tens of millions of dollars in an effort to improve its position in the online video search field. VideoSurf, founded by four Israelis in Silicon Valley, has developed a technology that locates video clips on […]
The solar energy farm near Kibbutz Ketura would be the Noy Infrastructure Fund’s first venture in to the solar energy business. Sources inform ”Globes” that the Noy Infrastructure Fund wants to invest in Arava Power Company‘s $200 million solar energy project in the Arava, by becoming a partner in the special project company that will […]
As reported in Globes.co.il: The agreement with Daewoo Shipbuilding to build a floating gas terminal could lead to Israeli gas exports to Korea. Daewoo Shipbuilding & Marine Engineering Co. said Tuesday that it has signed an initial agreement with the Tamar gas field partners that “could lead to a series of orders for LNG-floating production storage […]
The Israeli economy is a diverse open market economy. Being a relatively young state in the modern era, Israel is recognized as a developed market by many major indices. Israel also became a member of the OECD in 2010. Israel is also home to many international high tech companies, who understand its cultural and economic […]
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Saving Grain in a Cocoon
A simple, inexpensive Israeli solution for storing staples is helping Africans, South Americans and Asians survive food shortages. he cocoon in action When the Biblical Joseph predicted that Egypt would suffer a major famine thousands of years ago, he told the Pharaoh to store grain for seven years. His foresight kept the people in […]
A recent in depth tourism survey conducted by the Israel Ministry of Tourism for 2010, exposed a significant growth in the number of pilgrims from Australia who made their special journey to Israel -the Holy Land. According to the survey, pilgrimage accounted for 60% of the Australian visitors profile in 2010- doubling up the figures […]
As reported on the BBC News website; When a grey-haired grandmother clutching a smartphone mounted the stage at Montreal’s Start-up Festival this summer, young Israeli entrepreneur Guy Rosen knew he had pocketed a very special award. His company, Tel Aviv-based Onavo, offers an application that shrinks mobile phone data to help users save money – and […]
