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| Start-ups and VC |
 |
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| Storage technology co
Mempile raises $10m in 3rd round The company has developed technology for storing 1 terabyte on a single disk.
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BroadLight raises $10m
in round led by Motorola
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Beyond Technologies
raises $2.2m from private investors
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Electrochemical printing
co Cellergy raises $700,000
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Swiss bank invests $500,000
in Israel's GammaCan
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Leading medical firm
mulls buying CardioDex for $100m
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Entrepreneur Gidi Barak
joins Benchmark Capital
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Intel sets up $50m Middle
East venture fund
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Tel Aviv Development
Authority buys 10% of Lab One
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Biotech cos recruit
investors at US stem cell conference
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IVC: Fund raising by
Israeli start-ups down in Q3
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CalPERS: 6 Israeli VC
funds wrote off $385m in 5 years
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IVA holds conference
in Silicon Valley
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| Information technology |
|
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| Grant for new Intel
fab in Kiryat Gat approved Intel will receive a 12% grant on $4.4 billion. The investment will generate a net value of $421.8 million for the economy.
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Comverse's newly acquired
system beats Amdocs at Telstra
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NICE Systems buys Swiss
co FAST Video Security
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M-Systems buys Spanish
smart card firm for $40m
|
Turkey's Yapi Kredi
Bank orders Lipman's New Nurit 8210
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Turkey to use Israeli
technology against fuel fraud
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Mind CTI's Sentori announces
4 contract wins
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Wesco on the Go picks
Retalix demand forecasting solution
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PromiSec signes major
Japanese distribution deal
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| Telecom and media |
|
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| Bank of Israel gives
nod to cable TV merger Foreign banks will guarantee part of the merged company’s debt.
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News Corp buys 67% of
Polar's Maximedia for $4m
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| Healthcare |
|
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| Taburit buys competitor
Medicell at $1m value Both Taburit and Medicell operate blood banks for umbilical blood.
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Chief Scientist: Genzyme
mulling Israeli R&D center
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FDA approves Teva's
azithromycin tablets
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Predix’s Alzheimer’s
treatment passes Ib clinical trial
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XTLbio's Hepatitis C
drug candidate succeeds in trial
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42 Israeli life science
cos to exhibit at global medical forum
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| Energy, infrastructure, real estate |
|
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| NIS 68b to be invested
in transport in 2006-10 Minister of Transport Meir Sheetrit: The ministry is not fulfilling its primary task to bring outlying areas closer to the center of the country.
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Cross Israel Highway
traffic exceeds forecasts
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Dor Alon, Sonol petition
for provisional merger approval
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Dorad signs NIS 30m
power supply deal with Keter
|
Summit may sell German
properties for NIS 1.15b
|
Gazit-Globe buys first
building in New Jersey for $88m
|
Elbit Medical Imaging
buys Budapest site at $24.5m value
|
Industrial Buildings
buys Zurich business ctr for NIS 100m
|
Construction slump continued
in April-September
|
| Defense & aerospace |
|
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| Rafael wins $70m contract
with Polish Army Rafael beat leading manufacturers of remote controlled weapon stations.
|
Plasan Sasa wins US
DOD $100m vehicle armor contract
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Plasan Sasa headed for
Nasdaq
|
Israeli companies invited
to Indian Army rifles tender
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India to launch Israeli
TechSAR spy satellite in 2006
|
IAI bribery investigation
widens
|
| Privatization |
|
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| Cerberus-Gabriel wins
Leumi privatization tender The consortium will pay NIS 2.474 billion to buy 9.99% of the bank from the state, and received an option on a further 10%.
|
Cerberus-Gabriel consortium
mulls partners in Leumi
|
Olmert: Leumi proceeds
will reduce national debt
|
Africa-Israel, Minrav
to set up Israel’s first private prison
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| Financial services |
|
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| Migdal likely to be
sole bidder for Psagot United Mizrahi Bank wants bids for Emda in the NIS 260-300 million range by Sunday.
|
Migdal buys Dikla funds
co from First Int’l for NIS 220m
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Excellence buys Mizrahi
provident funds for NIS 405m
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Phoenix Assurance buys
41% of Excellence Investments
|
Wiener Stadtische buys
40% of Kardan Financial Services
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Harel buys Greek insurance
co Interasco for NIS 35m
|
Index-linked mortgage
rate rises to 4.22%
|
Hapoalim to settle fund
commission class action for NIS 80m
|
Zvi Hefetz questioned
in Hapoalim money laundering affair
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| Capital markets |
|
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| Zelnir and Bar-Adon
raising $40-80m for investment fund The new entity will focus on IT services. Bar-Adon: We aim to double our investment.
|
Life sciences investment
co Bio-Light to make TASE IPO
|
Tel Aviv Stock Exchange
- week ended November 17
|
| Company results |
|
|
| Bezeq's wireline revenue
slips 5% Bezeq reported total third quarter revenue of NIS 2.84 billion, compared with NIS 2.72 billion in the previous quarter.
|
Cellcom posts NIS 144m
Q3 net profit
|
MA Industries keeps
growing
|
Elbit Q3 revenue: $273.6m
|
Blue Square Israel third
quarter net profit down 7%
|
First Int'l posts NIS
148m third quarter profit
|
Delta Galil posts $22.8m
loss
|
Taro Q3 net profit halved
due to OTC product line sale
|
Mind CTI Q3 net profit
down
|
TTI Telecom reports
breakeven third quarter
|
Scitex Q3 2005 net profit:
$3.4m
|
Nasdaq newcomer Saifun
posts $10.8m third quarter profit
|
Shamir Optical posts
$1.9m Q3 net profit
|
| Tourism |
|
|
| Incoming tourism stalls Monthly tourist entries in August-October fell to 133,000.
|
Jan-Oct tourist entries
up 27% over last year
|
| Food |
|
|
| Blue-Square seeks to
acquire independent supermarkets Super-Sol has agreed in principle to buy half of New Pharm Drugstores for NIS 41 million.
|
Spending on food up
1.7% in past year
|
Abadi Bakery to sell
Middle Eastern cookies to Albertson’s
|
| International cooperation |
|
|
| German-Israel Foundation
approves €47m for 22 projects GIF finances up to 50% of a project’s total budget.
|
Israel-Canada R&D
fund approves 5 projects totaling $8m
|
| Environment |
|
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| EU to help finance two
Israeli environmental projects One project is preservation of the River Jordan, the other is environmentally-aware construction.
|
Transport Ministry eases
conversion of cars to LPG
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| Economy |
|
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| NIS 17b Negev 2015 development
plan unveiled NIS 1 billion has been allocated in 2006, including NIS 300 million in US aid.
|
Fifth of Israeli children
below poverty line in 2004
|
Oil price rise swells
trade deficit 25.4%
|
“Globes” survey: Perez
narrows gap with Sharon
|
Saudi Arabia pledges
to lift boycott of Israel
|
US, Israel resume talks
on $1.2b special aid package
|
R&D is Israel’s
advantage study finds
|
Klein attacks Bank of
Israel growth forecast
|
Israel, India agree
to expand economic cooperation
|
Israel seeks free trade
agreement with Mercosur bloc
|
Standard of living down
0.2% in third quarter
|
Inflation hit 5.7% in
third quarter
|
Inflation rate reached
5.1% in July-October
|
CPI up 0.8% in October
|
Israel-US per capita
GDP ratio unchanged in 40 years
|
Rub to leave Tax Authority
|
Trade Ministry declares
Vietnam preferred export target
|
Vietnam seeks closer
economic ties with Israel
|
ILO to hold Fair Globalization
conference in Israel
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| Features and analysis |
|
|
| Who’s afraid of Amir
Perez? The new Labor leader looks scary to business, but he has a realistic streak.
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| Experts: Ultimate owners
of Leumi unclear Banking sources: US investor disclosure regulations will cause Cerberus-Gabriel problems.
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| Reinforce Leumi's position
overseas Cerberus-Gabriel will likely act to strengthen Bank Leumi’s international activity.
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| Labor of love Elliot Broidy on how Markstone will make handsome returns and help Israel's economy too.
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| Babies go green Exotech Bio Solutions' biodegradable diaper could solve a major environmental problem.
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| M-Systems’ latest moves
look good CEO Dov Moran: We’ll exploit the wireless opportunity.
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| LED there be light Oree's flat optic fiber may lead to low-energy, low-cost, thin, flexible screens. |