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.”

Palestinian Authority Settles Electricity Debt with Israel, Signs New Power Deal

“This anchor agreement ... constitutes an important milestone in regulating electricity commercial relations between the Israeli and Palestinian electric companies."

Israel, Cyprus Move to International Arbitration on Aphrodite Gas Reservoir

Steinitz: "Based on the figures provided by the two sides, the international arbitrator will rule what percentages Israel and Cyprus will receive."

NDS Returns to Permira in $1B Deal with Cisco

Jerusalem-based NDS (News Datacom) was purchased for $5 billion by Cisco in 2012 from Permira and Rupert Murdoch’s News Corporation.

Alibaba Founder Jack Ma in Israel

Jack Ma wants to learn more about Jewish heritage and the Jewish people's return to our homeland.

Israel’s Housing Market Slowdown Continues

The number of new homes sold from December 2017 to February 2018 was down 7.8 percent (5,180) in seasonally adjusted figures, according to the Central Bureau of Statistics.

Hainan Airlines Adds Third Direct Route to Israel, From Guangzhou to Tel Aviv

Roundtrip fares will start from $622 in tourist class, and $2582 in business class. The flight will last for almost 11 hours on Boeing Dreamliners.

BMW Picks Israeli Start-Up Innoviz For Autonomous Car Radar

“BMW is setting a high standard in autonomous vehicles development, and their vote of confidence in our LiDAR demonstrates how advanced our technology is.”

Ben Gurion Intl Airport to Undergo $280M in Upgrades

Israel’s only international airport fields 90 percent of entries to and exits from the country, and is expected to see more than 25 million arrivals and departures in 2019.

Government Approves NIS 20 Million Plan to Boost Hi-Tech in Arab Sector

“The committee has instructed the Ministry of Economy to implement the decision within 90 days."

Israel Aerospace Marks 100th Radar System Sale as Proceeds Exceed $1.9 Billion

The ELM-2084 Multi-Mission Radar is a main sensor of "Iron Dome," "David's Sling" and IAI's land-based "Barak" weapon systems that have changed the landscape of the modern battlefield.

Fifty Israeli Farms Win Medical Cannabis Export Licenses

The issue had been the topic of stiff disagreement, particularly from police, who feared the deal would facilitate criminals’ ability to transport and deal drugs.

YouTube Deletes Rabbi Shmuel Eliyahu’s Torah Channel

Users who tried to browse through the channel to watch the lessons encountered the message “Account deleted.”

Israeli Cybersecurity Firm Acquired by Palo Alto Networks

The company’s platform provides Next-Generation Incident Response solutions to cyber attacks.

Beijing Technology Hub to Open Satellite Office in Tel Aviv

It was the ”innovation and openness to new ideas” in Tel Aviv that attracted Z-Park to open its 11th overseas liaison office here, company officials said.

More Asian Airlines Ask Saudis for Airspace Rights for Tel Aviv Flights

Israel's Transportation Ministry said it would also work to ensure fair competition conditions for El Al.

Nike Acquires Israeli Fashion-Tech Firm Invertex

Invertex is a Tel Aviv-based computer vision firm that develops scan-to-fit shopping platforms.

Rami Levy’s Cellphone Company Going Shomer Shabbat

Rami Levy Tikshoret will be the first cellphone company to take that step.

Germany, Israel Prepare to Ink 1B Euro Deal on IAI-Airbus Heron UAVs

The German military wants the Herons for intelligence gathering and support in its various missions around the world.

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