As repprted in Globes: The Defense Industries Report for 2010 released today by Hemda Mark, economic advisor to the Ministry of Defense, reveals that sales by Israeli defense companies in 2010 totaled $9.6 billion, 3% more than in 2009. Most of the sales are accounted for by Israel’s four biggest defense companies, Israel Aerospace Industries […]
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Raising fish in a barrel
An Israeli innovation for raising seafood anywhere – including the desert – could be the answer to the world’s growing problem of over fishing and water shortages. “Our technology is totally independent of the sea,” says Dr. Yossi Tal of Israel’s Grow Fish Anywhere (http://growfishanywhere.com ), a company that invented a way to raise fish […]
The annual Jacob’s Ladder Festival attracts a variety of musicians from several countries, plus thousands of fans. The Jacob’s Ladder Festival might take place off the main folk music circuit on the banks of the Sea of Galilee in northern Israel, but this jamboree is known around the world. The festival regularly attracts international music […]
LogNet Systems recognized for its innovative approach to customer management and billing solutions in multiple service environments LogNet Systems, a global provider of customer management and billing solutions for multiple play service providers, today announced that the company has been recognized by Stratecast, a division of Frost & Sullivan, for its approach to help service providers […]
In advance of the annual Epson World of Underwater Images Competition which will take place in Eilat on the Red Sea, 14-19 November 2011, underwater photographers from around the world can participate in the 8 day World ShootOut, which will take place worldwide from August 1-8, 2011. Participating photographers, both professional and amateurs, are invited […]
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Let Peace Begin with Water
As reported in Israel21C: Named a Hero of the Environment by TIME magazine, Israeli lawyer Gidon Bromberg and his colleagues in Friends of the Earth Middle East are also heroes of peacemaking. In the early 1990s, a young Israeli lawyer doing a master’s thesis on environmental international law concluded that the environment could and should be […]
As reported in Globes: IT services and solutions company Ness Technologies Ltd. (Nasdaq: NSTC; TASE: NSTC) announced on Friday that Citigroup Inc. (NYSE: C) unit Citi Venture Capital International (CVCI) will acquire the company for $307 million in cash. CVCI will pay $7.75 per share for Ness, 17.6% over the company’s closing price on Nasdaq […]
As reported in IVC: Ormat Technologies will build the Ngatamariki geothermal project in New Zealand for $130 million. Ormat Industries Ltd. US subsidiary Ormat Technologies Inc. has won a $130 million order in New Zealand – the largest ever in the company’s history. Ormat signed a supply contract and an engineering, procurement and construction, (EPC) […]
As reported in Globes: Permira Funds LLC has acquired 61% of drip irrigation company Netafim Ltd. from Kibbutz Yiftah, Kibbutz Magal, Tene Investments Ltd., and Markstone Capital Partners Group LLC at a company value of $900 million in cash and assumption of loans. Kibbutz Hatzerim owns the rest of Netafim and has first refusal rights […]
The Academy for Entrepreneurial Leadership traveled to Israel in March 2011 to experience and document Israel’s amazing startup community. We met with various startup companies, incubator programs, and venture capitalists to discover what makes Israel, an incredibly tiny country, so successful when it comes to new venture creation. We hope to apply what we have […]
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