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Monthly Archives: September 2013
China buys into Israeli treatments
China’s Acebright Holdings is investing $1 million in NasVax Ltd for two of its treatments. One is NasVax’s Anti-CD3 technology for the treatment of non-alcoholic steatohepatitis (NASH), or fatty liver disease. The other is its BBS technology for the treatment … Continue reading
Posted in Economy & Business
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2000 Israeli traders head to China
The Canton Fair in mid-October accounts for about 25% of China’s foreign trade volume, and houses about 25,000 exhibits on an area of 1.1 million square meters. Israeli companies are eager to add to the $10 billion of trade with … Continue reading
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The secret to Israel’s start-up success
Avishai Abrahami writes that a key factor in generating a successful start-up is the “pay it forward” philosophy. Even competitors helped him to found Wix. When he asked why, the answer was invariably the same: “We were helped when we … Continue reading
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El Al security catches thieves at JFK
When passengers flying through New York’s main airport complained about missing valuables, the Israeli airline monitored the baggage handlers. El Al caught the luggage thieves stuffing their clothes with thousands of dollars of goods, and recovered several items later in … Continue reading
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A good business, in anyone’s language
Israel-based One Hour Translation (OHT) provides online professional translation of documents for half of the Fortune 500 companies. Each month OHT translates 100,000 projects for 15,000 business customers. OHT’s 17,000 professional translators work in 75 languages. http://www.reuters.com/assets/print?aid=USL6N0GL29T20130827
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World Bank invests in Israeli agri-tech company
The private sector investment arm of the World Bank is set to become a major investor in Israeli seed and breeding-technology company Kaiima. Kaiima focuses on developing strains of plants that are more resilient and yield more grain. http://israelnewtech.com/2013/09/world-bank-ifc-invests-in-kaiima/
Posted in Israel is Inclusive & Global
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Indonesia to use Israeli advanced technology
(Thanks to Hazel) The world’s largest Muslim country will utilize advance technology from Israel to build roads in its most eastern and poorest province of Papua. Authorities have issued permits for the import of a chemical hardener and use of … Continue reading
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Support group for siblings of sick children
The Center for Children with Chronic Diseases in Hadassah Mt. Scopus has announced a new support group for siblings of chronically ill or handicapped children. Siblings struggling with emotional, familial and social challenges will receive weekly counseling starting in November. … Continue reading
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Improved police ties with Arab community
(Thanks to Hazel) Central District Assistant-Chief Bruno Stein said that the past ten years have seen a significant change in the Arab sector’s cooperation and faith in the police. The Arab public is requesting more police posts to help fight … Continue reading
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Celtic sign Israeli international
(Thanks to Size Doesn’t Matter and Ynet) Scottish soccer champions Celtic have signed Israeli midfielder Nir Biton from FC Ashdod. The 21-year-old joins fellow countryman, Beram Kayal. Celtic said that the club was “delighted” to have signed the “talented Israeli” … Continue reading