Latest News Israel

Israel eyes next-generation Internet

Tuesday, February 7th, 2012

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 [...]

Expo 2015 wooing Israeli companies

Tuesday, February 7th, 2012

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 [...]

Siemens Israel looks to repeat Arava Power success

Tuesday, February 7th, 2012

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 [...]

Stem cells to slow ALS?

Wednesday, January 18th, 2012

The muscle wasting caused by Lou Gehrig’s disease – amyotrophic lateral sclerosis (ALS) – is quick and fatal, with many not surviving five years after diagnosis. Internal organs eventually shut down, leading to respiratory failure. But promising stem cell research from laboratories at Tel Aviv University<http://medicine.tau.ac.il/index.php/departments/pre-clinical-departments/cell/introduction> is the basis of a new drug that could [...]

Bio-filter blasts nitrates out of the water

Sunday, January 8th, 2012

As reported in Israel21c: Rainstorms wash away what nature can’t clean up, but this often comes at a price. Runoff from agricultural fertilizers, animal waste and human sewage are poisoning wells and aquifers with nitrates. These compounds cause harmful algae blooms and pose health risks for pregnant women and formula-fed newborns. Water companies currently deal [...]

Taiwan, Israel to set up FTA working group

Sunday, January 8th, 2012

As reported in Port2Port: Taiwan and Israel had reached a consensus over the establishment of a working group to study the feasibility of signing a free-trade agreement (FTA) by 2013. Taiwan’s Minister of Economic Affairs Shih Yen-shiang announced the mutual understanding at the Ministry of Economic Affairs’ year-end press conference held in Taipei. The Minister [...]

Transportation Ministry proposes 2nd international airport in Nevatim at the Negev

Sunday, January 8th, 2012

As reported in PORT2PORT: Transportation Minister Israel Katz informed the cabinet last week that the Nevatim Air Base, located southeast of the city of Be’er Sheva, has been selected as the most logical site for a new international airport facility. The airport, which is slated to be Israel’s second biggest airfield, will be built in [...]

Israel’s unemployment rate falls to all-time low

Sunday, January 8th, 2012

As reported in Globes: Israel’s unemployment rate fell to 5% of the civilian labor force in October 2011, an all-time low, the Central Bureau of Statistics reported today. The Central Bureau of Statistics also revised its unemployment figures for the preceding months, indicating a steady monthly decline of 0.1-0.2% in the unemployment rate since January. [...]

New ‘solution’ kills hospital superbugs

Wednesday, January 4th, 2012

As reported in Israel21c: Every patient, nurse, doctor and visitor to a hospital knows the drill: hands get a splash of antibacterial fluid found at every bedside, entrance and exit. Keeping hands clean can prevent some infections, but superbugs — those sometimes deadly bacterial strains resistant to antibiotics — can outwit the best hygiene practices. [...]

ESTIMATES SHOW ISRAELI GDP ROSE 4.8% IN 2011

Wednesday, January 4th, 2012

According to preliminary estimates, Israel’s gross domestic product grew by 4.8% in 2011, following a similar rise in 2010, and a 0.8% rise in 2009, when Israel crawled back out of the recession. GDP per capita is expected to have risen 2.9% to $31,100.