$700 million for Fundtech
Israel’s leading provider of payment systems has been bought by S1 Corp.
Getting its teeth into India
Sialo Technology Israel Ltd has signed an agreement to market its root canal and dental implant products in India.
A billion-dollar business
Major telecommunications company Cellcom Israel has announced its merger with Israel’s ISP and call carrier NetVision to form a hi-tech giant worth over £3 billion.
Italy wants our defence systems
Israel’s Elbit systems has won a $15 million order to supply its anti-missile system to the Italian Air Force for protecting helicopters and cargo planes.
Still going up
May was another month where the Composite State of the Economy index increased - by 0.3%.
Feel like a million dollars?
In 2010 10,153 Israelis were worth at least that amount – 20% more than in 2009.
The secret of our success – Start-ups
At Israel’s Presidential Conference, Saul Singer, co-author of “Israel - Start-up Nation”, said that Israel must continue to invest in small innovating new businesses.
New luxury 5-star hotel opens
Where? In Gaza, of course!
Another record month for tourism
Some 354,000 visitors arrived in Israel in April, 19 percent more than in April 2011 and 12 percent more than in April 2010, during Israel's record year for tourism. Over one million visitors arrived in Israel between January and April of this year, 4 percent more than the previous record.
And our captain is still steering the ship
The myopic IMF may have considered Professor Stanley Fischer too old to lead them, but here in Israel we hope he will continue to direct the Bank of Israel for many years yet.