(Thanks to Atid-EDI)  Aberdeen Harbor is the NW Europe’s center of activity for the offshore oil and gas industry’s marine support operations.  It selected Israel’s Siklu to deliver a next generation security network of traffic including streaming HD video images … Continue reading →

Low-cost airline Wizz Air has announced that due to increased demand, it has added one weekly flight on each its services from Tel Aviv to Budapest and Bucharest. It has also reinstated its Tel Aviv-Warsaw service earlier than planned. http://www.globes.co.il/en/article-wizz-air-adds-tel-aviv-budapest-and-bucharest-flights-1000974426

Takwin (Arabic for Genesis or start) is a unique incubator for start-ups in the Arab-Israeli community.  Takwin Labs raised $4.5 million from Israeli (Jewish and Arab) and US investors.  It will invest hundreds of thousands of dollars per venture in … Continue reading →

(Thanks to Atid-EDI) Israel’s Camtek has received $3 million worth of new orders from one of the world’s largest OSATs (Outsourced Semi-conductor Assembly and Test organizations).  These orders are for 2D and 3D inspection and metrology for Advanced Packaging semiconductor … Continue reading →

Pricense won the MasterCard Israel Technology $25,000 first prize for its use of “big data analysis” to set prices for on-line retailers. Its system raises or lowers prices automatically to maximize revenue, based on traffic, historical data, consumer behavior and … Continue reading →

The DLD Tel Aviv Conference included a panel of the Israeli heads of IBM, General Motors, Qualcomm, Deutsch Telekom and Google. All agreed that Israel’s superb engineering talent is due to strong academic institutions, entrepreneurial and creative spirit, hard working … Continue reading →

The Israeli finance and economy ministries have approved a plan by Intel to invest $6 billion in upgrading its chip-manufacturing plant in Israel, marking the largest-ever single international investment in the Jewish state.  Intel will hire 1000 more workers at … Continue reading →

Despite the economic effects of the Gaza “Protective Edge” operation, Standards and Poors has affirmed its ‘A+/A-1’ foreign and local currency sovereign credit ratings on Israel.  S&P expects the government to maintain stable public finances and contain security risks. http://www.globes.co.il/en/article-sp-gaza-operations-fiscal-effect-minor-1000973361

The $1 billion project to expand Jerusalem’s Western edge includes new malls, hotels and business parks. There will be 2,000 new hotel rooms, 230,000 square meters for industry and business, and 49,000 square meters for recreation and leisure. http://www.israelnationalnews.com/News/News.aspx/185410#.VCEYkleGfB8