Israel Active

International law firm Greenberg Traurig will open an office in Tel Aviv next month. The office is the first international full-time legal office of its kind in Israel.

Israel’s Evogene and Brazil’s SLC Agricola are focused on developing advanced castor seed displaying high oil yield under rain-fed conditions and suitable for sustainable and commercial production in Brazil. Bio-diesel produced from the Evogene's castor varieties will cost around $50 per barrel and is expected to substantially reduce Greenhouse Gas (GHG) emissions by over 75%

Israel’s Shikun u'Binui subsidiary Solel Boneh International Ltd. has won a $210 million contract to build a 2.1-kilometer bridge over Nigeria’s Benue River and build 22 km access roads for the four-lane dual carriageway in eastern Nigeria. Construction will take three years.

The Israeli engineering and energy company, Ludan, is sharing with a Dutch company, the build of a two-megawatt biogas power plant in the Netherlands. Construction will take eight months. Ludan Energy then has a 12-year franchise to operate the plant at guaranteed and subsidized rates.

Israel Corporation has bought 75% of Chilean power company Central Tierra Amarilla SA including its 155 MW power station. IC Power already owns power stations producing 3,000 megawatts in seven countries: Peru, Bolivia, Chile, Panama, El Salvador, Jamaica, and the Dominican Republic.

DSIT Solutions has won a NIS 45 million deal to supply, install and build infrastructure for its AquaShield sonar system for a government oil company in an undisclosed Asian country.

Florida Governor Rick Scott brought a delegation of 30 businessmen with him to the "Globes" Israel Business Conference.

Israel's Catalyst Investments and Shanghai-based OneGate Capital are setting up two joint venture China Israel Technology Funds. The funds will focus on clean-tech, agritech, advanced manufacturing, next generation IT, and other sectors where Israeli companies outperform.

Amdocs Ltd. will supply its network inventory management systems to UK quad-play provider Virgin Media Ltd. The company did not disclose the size of the deal, but market sources estimate it at $10-20 million.

316,000 tourists arrived in Israel in November 2011, 2% up from the corresponding month of 2010, and the highest ever number of tourists for any November. The Ministry of Tourism is to invest NIS 50 million of a NIS 270 million project to build and renovate hotels in the country.