Abeles and Heymann Merges with Israeli Company Yehiam

US Glatt kosher deli manufacturer Abeles and Heyman merged with Israeli company Yehiam to help both expand their reach in the US market.

OECD Raises Israel Economic Growth Estimate

The Organization for Economic Cooperation and Development (OECD) raised its 2012 economic growth estimate for Israel to 3.2 percent, up from its November estimate of 2.9 percent.

Israeli Company Walks Away from Egyptian Gas Holdings, Owner Sells Yacht

Ampal-American Israel Corp decided to write off its entire 12.5 per cent investment in East Mediterranean Gas, the company that sold Egyptian natural gas to Israel before Egypt called off the exports. Ampal is controlled by Israeli tycoon Yossi Maiman, who put his yacht up for sale this week, as a belt tightening measure.

An Estate Tax in Israel?

Is an Estate Tax in Israel in the works? 30 years ago they tried, but it never took off. Will the new socio-political atmosphere make it possible?

Is It A Car? Is It A Network? No — It’s Both

If Israeli electric car company, Better Place, only gave the world an electric car that could switch an empty battery for a full one in five minutes that would have been enough! But Better Place is also the key to making renewable energy production practical all over the world. Dai aynu!

Israel: World’s Safest Place to Invest

Israel is the most likely country in the developed world to provide riskless returns on investments, according to a report in Bloomberg Businessweek.

Israeli Labor Strike Causes Closures, Delays

Israel’s main labor union, the Histadrut, declared a general strike on Wednesday impacting services across the country.

Bank of Israel: 15,000 Stolen Credit Cards Will Be Protected

The Bank of Israel assured the 15,000 Israelis whose credit card numbers were posted online by a group of Saudi hackers they they will not have to pay for fraudulent charges on their cards.

Apple’s First R&D Center Outside of US in Israel

Computer and software giant Apple has begun searching for office space for its first technology development center outside of Cupertino, California - in Israel.

Rami Levy starting cellular service today

Rami Levy enters the cellular market, undercutting the competitors as he always does.

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