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. [...]
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 [...]
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 [...]
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 [...]
Israeli startup Mobli enables users to see real-time events that others are watching. Actor Leonardo DiCaprio was so impressed he invested in the company Contrary to popular belief, celebrities aren’t all “ditzy.” If you’ve heard of them — and if they’ve made a fortune in movies or TV — chances are they are sophisticated, intelligent [...]
Strauss Water Products and Richard Branson’s Virgin Group are discussing a venture to manage the sales and service of Strauss water products Strauss Group Ltd. (TASE:STRS) has announced today that its subsidiary, Strauss Water Products, is holding negotiations with Richard Branson’s Virgin Group to create a venture to manage the sales and service of Strauss [...]
An Israeli branch of a worldwide movement toward a sustainable economy has opened in the startup nation On the roof of a nondescript office building in Tel Aviv, an unusual organization called HUB TLV has made its home. This incubator for social and environmental entrepreneurs is part of a global network of HUB groups made [...]
European Commission Vice President Antonio Tajani and Israel’s Minister of Industry, Trade and Labor Shalom Simhon, signed two joint statements of intent to improve cooperation in the fields of space and tourism. The agreement paves the way for the EU’s Galileo global-navigation satellite system to establish a satellite receiving station in Israel, and it also [...]