Israel Active

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.

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 their homes.

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 were starting out. Now it's our turn."

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 China last year.

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 of Alzheimer's disease.

Israel Chemicals says that the agreement is part of its plan to expand and diversify its mining sources outside of Israel, broaden its global phosphate operations, and provide a growth engine for its primary markets.

Gas and oil have been detected at the Yam 3 well, 16km off the Israeli coast West of Ashdod. And now Egypt wants to buy natural gas from Israel.

An unnamed Asian country has bought $75 million worth of desalination unit from Israel’s IDE Technologies. Each Multi-Effect Distillation (MED) unit can produce 24,000 cubic meters of fresh water a day with low energy and low maintenance requirements.

(Thanks to Atid-EDI) On the eve of its 30th anniversary, Israel’s Golan Heights Winery has won the coveted 2012 Wine Star Award from Wine Enthusiast Magazine in the New World Winery of the Year category. The award is a first for an Israeli winery.

Israel is truly making the desert bloom – with vineyards. What better location to get a really dry wine than the Negev desert. No need for pesticides here, because pests cannot survive. And the harshest climate produces the best wine.