| ESTIMATES SHOW ISRAELI GDP ROSE 4.8% IN 2011 |
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.
01/2012 |
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| MOODYS REITERATES “A1 – STABLE” RATING FOR ISRAEL |
The rating is "underpinned by the country's high levels of economic, institutional and financial strength and moderate event risk." – Moody's
01/2012 |
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| APPLE TO LAUNCH ISRAEL R&D CENTER |
Apple Inc. has decided to open its first ever development center outside of its California headquarters in Israel. The new center in Israel will focus on semiconductors.
01/2012 |
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| FLASH COMPANY ANOBIT TO BE APPLE'S FIRST ISRAELI ACQUISITION |
Leading computing company Apple is acquiring Anobit, a developer of flash controllers and smartphone memory enhancement technology.
01/2012 |
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| AKAMAI BUYS ISRAELI COTENDO FOR $268 MLN |
Akamai Technologies Inc., a Cambridge company that manages Web traffic for some of the Internet’s biggest sites, is acquiring website and mobile acceleration technology vendor Cotendo. Though a small competitor, Cotendo had been making big strides speeding up Web access on mobile phones, a fast growing segment of Akamai’s business.
01/2012 |
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| CORNELL, TECHNION WIN NYCTECH CAMPUS PROJECT |
Cornell University and the Technion - Israel Institute of Technology have been chosen to build a cutting-edge NYC Tech Campus that will serve as a global magnet for tech talent and entrepreneurship. The NYCTech Campus will combine cutting-edge technologies to create one of the most environmentally friendly and energy efficient campuses in the world.
01/2012 |
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| US DELEGATIONS TO ISRAEL SEEK STRONGER BILATERAL TIES |
Two high-level American delegations reached out to Israeli business leaders in December as they explored cooperation in renewable energy, aerospace, medicine and other technologies.
01/2012 |
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| ISRAEL CORP. ACQUIRES CHILEAN POWER COMPANY |
Israel Corporation has acquired Chilean power company Central Tierra Amarilla SA, which owns a 155-megawatt power station that uses open cycle diesel generators.
01/2012 |
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| TOURISM TO ISRAEL IN NOVEMBER AT RECORD HIGH |
Tourism to Israel in November rose 2% from the corresponding month in 2010 to 316,000 arrivals, and was the highest number of tourists for any November.
01/2012 |
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| The Israeli formula |
| ISRAEL SIGNS R&D COOPERATION AGREEMENT WITH NEW YORK STATE |
Minister of Industry, Trade and Labor Binyamin Ben-Eliezer and New York Governor David Paterson signed a memorandum governing an industrial R&D cooperation agreement between Israel and New York State.
12/2009 |
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| UN ACKNOWLEDGES ISRAEL AS INTERNATIONAL PATENT CENTER |
Patent applications recognized in Israel will be accepted internationally as well
The World Intellectual Property Organization (WIPO), a specialized agency of the United Nations, has recently recognized Israel as an international center for the search and testing of patents. Israel will be added to the list of 15 leading countries in this field.
12/2009 |
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| STRONG GROWTH FORECASTS SHOW ISRAEL COMING OUT OF RECESSION |
"Thanks to sound macroeconomic and structural fundamentals, the Israeli economy has shown good resilience throughout the global crisis…The economy grew at a rate of 1% in the second quarter, and thus technically emerged from recession." - UBS economist Reinhard Cluse
09/2009 |
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| TEVA LAUNCHES CHEMOTHERAPY DRUG FOLLOWING FDA APPROVAL |
09/2009 |
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| ORAMED PHARMACEUTICALS GETS FROST & SULLIVAN INNOVATION AWARD |
09/2009 |
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| SIEMENS BUYS 40% STAKE IN ISRAELI SOLAR POWER COMPANY |
"Thanks to its intensive sunshine and steadily growing demand for energy, Israel is an ideal location for further developing our solar business." - Peter Lצscher, president and CEO of Siemens.
09/2009 |
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| ISRAELI COMPANIES EXPAND INVOLVEMENT IN LATIN AMERICA |
09/2009 |
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| ISRAEL SIGNS R&D COOPERATION AGREEMENT WITH NEW YORK STATE |
09/2009 |
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| TEL AVIV UNIVERSITY RESEARCHER CREATES NATURAL CURE FOR INSOMNIA |
09/2009 |
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| ISRAELI FILM “LEBANON” WINS TOP PRIZE IN VENICE |
09/2009 |
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| TEL AVIV STOCK EXCHANGE CONTINUES TO RISE IN 2009 |
08/2009 |
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| IDF-MADE ROBOT SNAKE GATHERS INFORMATION IN ROUGH TERRAIN |
08/2009 |
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| PHARMA GIANT ROCHE TO STRENGTHEN R&D PIPELINE IN ISRAEL THROUGH PONTIFAX DEAL |
The collaboration will see both partners provide financial support and relevant expertise to young biotech and pharma companies in Israel.
06/2009 |
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| YISSUM AND ZAMBON TO COMMERCIALIZE NANO PAIN TREATMENT |
06/2009 |
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| ECI HELPS SWITCH DEUTSCHE TELEKOM TO IP |
06/2009 |
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| JOINT PROJECT OF IBM, TECHNION, RAMBAM MEDICAL CENTER WINS PRESTIGIOUS INTERNATIONAL PRIZE |
SRII awarded the prize for “the most successful collaboration of industry, academia and government as expressed in this project.”
06/2009 |
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| NDS EXPANDS IN GERMANY |
06/2009 |
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| BP SOLAR UTILIZES SOLAR EDGE TO CUT POWER OUTPUT |
"I am impressed with the initial performance and reliability tests of SolarEdge's solution", said Eric Daniels, chief technology officer at BP Solar.
06/2009 |
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| MORGAN STANLEY SUGGESTS INVESTMENT IN ISRAEL |
06/2009 |
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| ISRAEL RANKED 20 IN IMD STRESS TEST |
The "stress test" aims to examine how "countries can resist adversity and show resilience to weather the storm."
06/2009 |
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| ISRAEL RANKED 9TH MOST INNOVATIVE COUNTRY BY EIU REPORT |
06/2009 |
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| ISRAEL EXEMPTS FOREIGN INVESTORS FROM PRIVATE EQUITY TAXES |
06/2009 |
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| ISRAELI ECONOMY RESILIENT IN THE FACE OF GAZA CONFLICT |
01/2009 |
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| "MOST ADMIRED MEDICAL COMPANY" ST. JUDE ACQUIRES MEDIGUIDE FOR $283 MILLION. |
"We believe MediGuide's proprietary technology may also extend across a variety of other product categories … We look forward to bringing this technology into our portfolio so that we can further develop and capture these potential opportunities,” Daniel J. Starks, chairman, president and chief executive officer of St. Jude Medical, said.
01/2009 |
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| CHECK POINT BUYS NOKIA'S SECURITY APPLIANCE BUSINESS |
The acquisition "will add more than $100 million to Check Point's sales in 2009 …it will strengthen us in dealing with the global recession," Gil Shwed, chairman and chief executive of Check Point said.
01/2009 |
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| HARMONIC BUYS SCOPUS FOR $51 MILLION. |
01/2009 |
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| U.S.-ISRAELI BIRD FOUNDATION TO INVEST $9 MILLION IN 12 PROJECTS |
01/2009 |
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| MA INDUSTRIES TO BUY COMPANIES IN POLAND AND SERBIA FOR $20 MILLION |
01/2009 |
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| ENDOCARE TO BUY ELRON'S GALIL MEDICAL |
12/2008 |
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| ISRAEL’S FOOD PRODUCER OSEM TO BUY FOODTECH FOR $20 MILLION |
12/2008 |
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| STANLEY FISHER SAYS ISRAEL IS IN GOOD SHAPE ECONOMICALLY |
"Foreign companies are not exiting the country despite the financial crisis".
11/2008 |
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| ISRAELI UNIVERSITIES RANKED AMONG WORLD'S BEST |
11/2008 |
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| INTRODUCING "ISRAEL NEWTECH – NOVEL EFFICIENT WATER TECHNOLOGIES" |
Name and logo of Israel's National Program Promoting The Water Technologies Sector, as well as film showcasing the sector, to be officially launched on Oct. 30 at the int'l WATEC '07 event
11/2007 |
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| EBAY OPENING ISRAELI DEVELOPMENT CENTER BASED ON ACQUISITION OF ISRAELI SHOPPING.COM |
11/2007 |
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| SPANSION INCORPORATED ACQUIRING ISRAELI SAIFUN SEMICONDUCTORS FOR $368 MILLION |
Saifun to be responsible for Spansion's technology licensing business for the next generation product roadmap
11/2007 |
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| UK INTERNET BROKERAGE COMPANY, ICAP, ACQUIRING ISRAELI FINANCIAL SOFTWARE COMPANY, TRAIANA FOR $247 MILLION |
Company's online services system considered benchmark in foreign currency trading
11/2007 |
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| DEUTSCHE TELEKOM'S CHAIRMAN: "WE'RE LOOKING TO EXPAND OUR COLLABORATIONS WITH ISRAELI COMPANIES" |
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Chairman of Deutsche Telekom in Israel to visit the company's new R&D center in Beersheva set up jointly with Ben Gurion University.
11/2007 |
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| AT&T ACQUIRES ISRAELI INTERWISE FOR $121 MILLION |
At&T intends to maintain company as its Israeli R&D center within AT&T Global Business Service
11/2007 |
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| ISRAELI RESEARCHERS DEVELOP UPGRADED "GOOGLE TRENDS" |
Technology developed by Google's R&D center in Israel improves technology's ability to provide insights into broad search patterns
11/2007 |
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| JAPANESE VC COMPANY, CSK, INTENDS TO INVEST $100 MILLION IN ISRAEL |
CSK Managing Partner: "Our investment fund . . . hopes to increase the synergy between Japanese and Israeli companies through joint investments in Israeli technology."
11/2007 |
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| GOLDMAN SACHS INVESTING $100 MILLION IN ISRAELI MOBILEYE |
Mobileye was named by U.S. Red Herring magazine a Top 100 Innovator
11/2007 |
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| ISRAELI WATER PURIFICATION COMPANY, BLUE-I, TO INSTALL ITS TECHNOLOGY IN COCA COLA'S FACILITIES AROUND THE WORLD |
10/2007 |
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| US RESEARCH COMPANY, CLEAN EDGE, LISTS ISRAELI AQWISE AMONG "10 TO WATCH" FIRMS |
Israeli water purification company was chosen among leading companies, such as GE and Siemens
10/2007 |
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| INTEL CAPITAL INVESTING $11 MILLION IN ISRAELI SEMICONDUCTOR COMPANY |
Intel Capital, Intel Corporation's investment arm is investing $11 million in Israeli Jordan Valley Semiconductors Ltd.
10/2007 |
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| VC COMPANY, GREYLOCK INVESTING IN ISRAELI CLEANTECH |
American Greylock Partners announced that it intends on making 3-4 investments in early-stage Israeli cleantech start-ups
10/2007 |
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| IVC RESEARCH CENTER: IN THE FIRST 3 QUARTERS OF 2007, ISRAELI HIGH-TECH COMPANIES RAISED $1.256 BILLION |
Amount represents a 10% increase over the corresponding period in 2006
10/2007 |
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| THE INTERNATIONAL JOURNAL "GLOBAL FINANCE" NAMES STANLEY FISCHER AS ONE OF WORLD'S SEVEN LEADING BANKERS |
Stanley Fischer received the highest grade of "A"
10/2007 |
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| THE FINANCIAL TIMES STOCK EXCHANGE ADVANCES ISRAEL'S ECONOMIC STATUS TO "DEVELOPED" FROM "EMERGING MARKET" |
FTSE new classification lists Israel as the first Middle East country in a group of 24 developed nations
10/2007 |
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