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? Saturday, June 23, 2018


Israel, Britain Expand Scientific Cooperation with New Agreement

The agreement is intended to promote the exchange of scientific research through expansion of cooperation and research among policy makers.

Zoning Committee Approves 250 Housing Units in Mt. Hebron Settlement

"Today, twenty years since the civilian settlement was established at an important strategic point, we are advancing one more step towards normalization and equal rights for the citizens of Judea and Samaria."

Elbit’s Canadian Subsidiary to Showcase Towed Reelable Active Passive Sonar

This system will allow the Royal Canadian Navy to expand the capabilities of ships like the Kingston and Henry Dewolfe Class into an Anti-submarine role.

Israel Moving Towards Becoming ‘World Power’ in Growing Cleantech Sector

Environment Minister Elkin said the cleantech industry is expected to explode, financially speaking, in the coming years.

Gaming Giant Electronic Arts Setting Up Israel Development Center

Electronic Arts is acquiring the Israeli development unit of the company GameFly.

British Petroleum Defers to US Sanctions, Drops Project Involving Iran

Meanwhile, BP has concluded an agreement for 20 years of an annual supply of 2 million tons of liquefied natural gas (LNG) by the US company Venture Global Calcasieu Pass.

Romania Buys Rights from Israel to Produce Iron Dome

In a deal worth hundreds of millions of dollars, Israel’s Rafael Advanced Defense Systems will provide the Romanian Romaero company with licensing and training to produce their own air-defense systems.

Volkswagen Launches Tel Aviv Mobility Innovation Center

Volkswagen Group became the latest global automobile concern to open a local innovation center when it officially opened its Konnect campus in Tel Aviv Tuesday.

3.37 Million Motor Vehicles in Israel in 2017, Up 4.1% Compared to 2016

About 375,000 vehicles were added and approximately 241,000 were removed from the list of active vehicles.

Elbit Concludes Delivery of Thermal Weapon Sights to Australia

“Personnel who have been issued with the thermal sight have been giving us extremely positive feedback about the sight’s effectiveness and ease of use.”

Dropbox to Double Staff with Move to Tel Aviv

The company says it is aiming to hire primarily information security and artificial intelligence personnel.

Amazon Web Services to Voluntarily Collect VAT in Israel

Amazon customers in Israel have received notification from the company they will begin to pay VAT starting on July 1.

Intel to Invest $5B in Kiryat Gat Factory

The investment, which will be spread out over the next two years, is expected to inject new life into the hi-tech sector in the periphery.

Knesset Warns of Cannabis Export Prospects Strangled by Red Tape

Internal Affairs Committee Chairman MK Kisch on the delay in the export of medical cannabis: “Economic window of opportunity is closing before our very eyes.”

Google Beats Israel’s System, Won’t Pay VAT on Online Ads

In 2013, the TA argued that because Google was operating in Israel, it did not fit the definition of a "foreign resident" under the VAT Law.

De Niro’s Nobu Hospitality to Open Luxury Hotel in Tel Aviv

“Coupled with Tel Aviv’s presence as a major high-tech and business center, and the strong tourism market in the city, the project fits perfectly with our global clientele,” said Nobu CEO Trevor Horwell.

Japan’s Canon To Buy Video Synopsis Firm BriefCam

The company’s technology enables security forces and others to condense hours of video in minutes.

Mnuchin: No More Boeing, Airbus Transactions with Iran, Oil Prices to Remain Stable

“Under the original deal, there were waivers for commercial aircraft, parts and services and the existing licenses will be revoked."

Netanyahu Warns Leaders at Cyprus Trilateral Summit: Iran Hopes to Establish Military Naval Bases...

"I think it’s in the interest of everyone to prevent this Iranian aggression . . . This is a palpable threat against all of us.”

Tourism Ministry Announces More Direct Flights From Romania to Tel Aviv

Sibiu will be the sixth city in Romania to operate a direct route with Israel.

Frutarom Industries Acquired for $7.1B, Second-Largest Takover of Israeli Firm

Frutarom is focused primarily on natural products, one of the fastest-growing sectors in the personal care and food industries.

Netanyahu to Meet with Mediterranean Leaders Over Gas Pipeline to Italy

“The export of Israeli gas to Western Europe could make a very significant contribution to the Israeli economy.”

Amazon Looking To Make Aliya?

Amazon published a wanted ad on Linkedin seeking an English-Hebrew translator for its Luxembourg based localization team.

Israeli Arms Exports Up 40 Percent in 2017

Liberman: “Within two years, we have increased defense exports by 40 percent. This is an extraordinary achievement by any standard."

‘We Think There’s a Marriage Here’ Netanyahu Tells Alibaba’s Jack Ma (video)

Netanyahu to Ma: “We think there is a marriage here of your great business acumen and your technology with our technology.”

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