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Latest News Israel News

Gov’t sets R&D center plan for foreign financial cos

Industry Ministry’s Sharon Kedmi: This plan meets the world’s need for sophisticated solutions to support the financial industry. The Ministry of Finance and Ministry of Industry, Trade, and Labor today announced the launch of a plan to encourage international financial companies to set up R&D centers in Israel. The objective is to create a new […]

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Latest News Israel News

Israel’s Economy Grew at 4.7% in Second Quarter

As reported in Globes: Due to the crisis in Europe, predictions were that the Israeli economy would grow by 2.9%. Israel’s GDP in fixed prices and after seasonal factors grew by 4.7% on an annualized basis in the second quarter of 2010, the Central Bureau of Statistics reported today. Due to the crisis in Europe, […]

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Latest News Israel

Goldman Sachs Sees Israeli Growth Higher

Goldman Sachs projects higher economic growth for Israel in 2011 than Israeli leaders have so far estimated. Goldman Sachs analyst Ahmet Akarli predicts 3.5% real GDP growth for Israel in 2010 and 4.3% growth in 2011. The Bank of Israel currently predicts 4% growth next year, and the Ministry of Finance predicts less than 4% […]

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Latest News Israel

Israel’s man on space

As reported in Israel 21C: It’s men like Dr Zvi Kaplan who are leading Israel, one of only eight nations in the world to launch an indigenous satellite into space, into the billion-dollar space industry. An Israeli has yet to moonwalk – and the country’s only astronaut Ilan Ramon perished on a tragic NASA mission […]

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Latest News Israel News

IBM Buys Israel’s Storewize in $140 mln Deal

Storwize Inc., a data compression hardware and software company focused on improving storage, has been acquired by IBM Corp. Storwize provides real-time data compression technology to help clients reduce physical storage requirements. Its products are usually installed between the network and the storage devices, and compress the data before it reaches the network storage devices. […]

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Latest News Israel News

Fired up to fight kidney failure

As was reported in ISRAEL 21C: Motivated by an interest in global human health, a team of Israeli researchers has identified the gene that increases the risk of kidney failure in people of African heritage. By identifying the gene that increases the risk of kidney failure, Israeli researchers may revolutionize the prevention, detection, and treatment […]

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Latest News Israel News

A solution to olive your problems

As reported on Israel 21C: Inspired by biblical descriptions of the health benefits of olive oil, physiologist Dr Shaul Eger has devoted himself to concocting remedies in which it’s a key ingredient.  A search for a cure to his own health problems led to a whole new profession for Dr. Shaul Eger. Thirty years ago […]

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Latest News Israel News

Growing life sciences at home, in the desert

Hoping to reverse Israel’s brain and biotech innovation drain, the new NGO BioNegev plans to transform the Negev Desert into a major biotechnology hub.   Israeli biotech companies like Given Imaging, which has developed a camera in a pill, are improving lives worldwide. Now Shay Yarkoni hopes to create a biocluster in Israel’s Negev desert. […]

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Latest News Israel News

Israel’s top ten technologies that are transforming the Web

Israel is at the cutting edge of some of the best Internet technologies around. ISRAEL21c takes a look at the brightest new companies that are now revolutionizing the web. Israel’s success in the technology sector is no secret. Over the years, the country has become a key research and development center for multinational companies such […]

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Spotlight On… Israel’s Health IT Industry

Few people know that Israel is one of the global pioneers in health information technology, a digital revolution that began in the mid-1990s. Israel’s HMOs—notably Clalit Health Services and Maccabi, which today serve about 80 percent of the Israeli population—led this revolution, which resulted in the implementation of electronic medical records used by virtually 100 […]