News
August 2, 2020
Amazon in talks to build three Israel data centers for NIS 1b
Azrieli and its partner Compass have bid to build and lease out the data centers to Amazon and have options on three lots for the purpose.
July 21, 2020
‘Chevron could open Israel’s energy market to Asia’
Gov’t officials hopeful after news of energy powerhouse’s purchase of Noble Energy
July 20, 2020
Chevron Announces Agreement to Acquire Noble Energy
• Brings high quality assets to Chevron’s global portfolio
• Proved reserves to be acquired for under $5 per oil equivalent barrel
• Delivers $300 million in anticipated annual pre-tax synergies
• Accretive to ROCE, free cash flow and earnings
July 8, 2020
Israel’s Iron Dome Saves Lives … and Brews Your Coffee
The Start-up Nation needed a solution to combat thousands of terrorist rockets, and now that technology has far-reaching benefits
January 22, 2020
Microsoft to set up Israel data center
The Microsoft Azure data center will be the first set up in Israel by a tech giant and will provide cloud services in Israel from 2021.
December 26, 2019
Intel Most Active Multinational in Israel, Google Leads on Acquisitions, Report Says
362 multinational companies operated in Israel in 2019, making $983 million in foreign corporate investments across 196 deals
September 22, 2019
Facebook buys Israeli startup to give better bot service to digital wallet usersy
News of Servicefriend acquisition first reported by TheMarker financial website; social media giant confirms, saying it acquires ‘smaller tech companies from time to time’
July 14, 2019
The secret to success of an Israeli company that’s the darling of Warren Buffett
Berkshire Hathaway bet on Iscar when no one even seemed to know the Israeli company existed. And the investment has more than paid for itself.
January 29, 2019
Intel to Invest an Unprecedented $11 Billion in Israel Factory
Intel Corp. will build a 40-billion-shekel ($10.9 billion) plant in Israel, the largest investment of its kind in the country’s history, Finance Minister Moshe Kahlon said.
January 20, 2019
IFF CEO: Buying Frutarom has transformed us
International Flavors and Fragrances CEO Andreas Fibig tells "Globes" about the company's future plans in Israel.
May 7, 2018
IFF to Combine with Frutarom to Create a Global Leader in Taste, Scent and Nutrition
International Flavors & Fragrances Inc. (NYSE:IFF) (Euronext Paris:IFF) and Frutarom (TASE:FRUT) (LSE:FRUTq) today announced that they have entered into a definitive agreement under which IFF will acquire Frutarom in a cash and stock transaction valued at approximately $7.1 billion, including the assumption of Frutarom’s net debt.
March 23, 2017
Israel looks to leverage tech in $50 billion medical marijuana market
Israel, a leader in marijuana research and health technology, is attracting international investment as it tries to position itself as a cutting-edge exporter in the rapidly-growing market for medical-grade cannabis.
May 21, 2017
Gas Talks With Turkey May Wrap Up in Summer, Says Israel Energy Minister
Talks between government officials on building a natural gas pipeline from Israel to Turkey may conclude as early as this summer, Israeli Energy Minister Yuval Steinitz said on Tuesday.
March 13, 2017
Intel Buying Mobileye in Biggest Ever Deal in Israeli High tech
"This acquisition is a great step forward for our shareholders, the automotive industry and consumers," said Intel CEO Brian Krzanich in a release announcing the deal.
February 16, 2017
5 things to know about U.S.-Israel economic ties
From military aid to Israeli R&D outposts for U.S. tech companies, the two countries are deeply intertwined
January 11, 2017
New Tel Aviv-Jerusalem Highway Opening Next Week
Two tunnels will eliminate a steep incline and sharp turns.
October 11, 2016
Israel’s Housing Market Booming
May 26, 2016
Hello World Israel: Turning Soldiers Into Entrepreneurs
Learn how the constant threat of war has shaped Israel's tech industry.
May 23, 2010
Secrets about the Israeli Technology
Israel is one of the leading countries in the field of biotech research, standing side by side with the European nations and the US. This phenomenon is strange for a country that is in an area which isn't leading the field of academic research, and most of its population hasnt achieved more than basic education. So how did Israel become a technological oasis?