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PWC Shows Sharp Rise in Israeli Start-up Investment

Kesselman and Kesselman PricewaterhouseCoopers in a recent report shows investments in Israeli start-ups rose 21% from the first quarter to $206 million in the second quarter of 2010, and 27% from the corresponding quarter of 2009. For the first half of 2010, total investments in Israeli start-ups amounted to $376 million, slightly above the $356 […]

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Latest News Israel News

Oil-eating Israeli bacteria for BP spill

As reported in Israel 21C: A natural “bioremediation” technique developed by biologists at an Israeli university may hold the key to the final, difficult steps of the billion dollar oil spill cleanup in the wake of the BP disaster in the Gulf of Mexico. Professors Eugene Rosenberg and Eliora Ron from Tel Aviv University (TAU) use […]

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Israel signs satellite research accord with NASA

(www.jpost.com) US most interested in light satellite technology. The Israel Space Agency and the US Aeronautics and Space Administration signed a memorandum of understanding in Washington last week to promote cooperation. Israel is a leader in the field and can contribute much to NASA, said Science and Technology Minister Daniel Herschkowitz, who was accompanied to […]

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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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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 […]