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Israel Strikes More Oil in Area Discovered on Basis of Torah Verse

Moses made the right turn after all. In his song at the end of the Torah he spoke of ‘precious things of “Givat HaOlam.” The hidden meaning of “precious things” seems to be oil. Not olive oil, but black gold.

Buffett Buys Up Israeli Military-Aerospace Supplier

Warren Buffett has lived up to his love for Israel’s companies and his Berkshire Hathaway company has announced the acquisition of Lod-based Ray-Q Interconnect...

Legalizing Marijuana Would End Black Market, Says Israeli Study

Israel, like Canada and many states in the US, has one big reason to legalize marijuana: Money. Canada launches legal medical marijuana. Colorado and Washington have legalized it. Is Israel next?

Israel Declares War on Cash to Help Get Rid of Tax Evasion

A new Israeli government committee has 90 days to present to Prime Minister Binyamin Netanyahu ideas on how to implement a more cashless society,...

Easing of Fears of Attack in Syria Sinks Shekel-Dollar Rate

The shekel-dollar rate sank to a two-year low Wednesday, reaching to as low as under 3.56 shekels to the dollar, after President Barack Obama...

Israelis to Munch 15,000 Tons of Apples this Rosh Hashanah Season

Apples area mainstay of Rosh HaShanah, when Jews dip them in honey and bless it as sign of a sweet year, which this year should be very sweet if 15,000 tons apples can do the trick.

The Truth About Syria

Why have those who govern Syria followed such a pattern for more than six decades under almost a dozen different regimes?

Turmoil in Egypt May be Driving Up Shekel-Dollar Rate

One dollar bought slightly more than 3.57 shekels Monday morning as the shekel lost some of its recent strength, possibly because of the violence...

Tale of 2 Debts: Moody’s OKs Israel’s A1 Rating; US Sinks in Red

Hang on to your shekels. The Israeli economy is stable and Moody's okays its A1 debt rating. But in US, one economist says America’s debt is understated by 75 percent and is $70 trillion.

Israel’s Latest Invention: Camera Helping the Blind ‘See’ Objects

A new invention from Israel that falls in line with the Jewish state’s reputation as a “start-up nation,” potentially revolutionizing life for the blind...

PA Entrepreneurs Shun Politics in Cisco Systems Training

Palestinian Authority entrepreneurs are not interested in politics and concentrate on business in a Cisco-Israel training program, Forbes business magazine reported. Israeli Jewish high-tech experts...

Israel’s Arms Exports Soar to record $7.5 Billion

Israel’s increasing arms exports has made it one of the most important in the world, with a record $7.5 billion worth of arms exported...

PA Arabs May Have to Go Hungry and Naked to Boycott Israel

What do Rami Levi, Harel Wizel and Eil Orgad have in common? They are Israelis stores in Judea and Samaria. They also may be the key to destroying the peace process and making real peace.

IKEA May Open Branch in Palestinian Authority’s Ramallah

IKEA is considering extending its operations in Israel and opening up a branch in Ramallah, in the Palestinian Authority, and in Be’er Sheva and...

Bottle of Cologne Stands in Way of Frenkel as Bank Governor

An alleged shoplifting incident in Hong Kong in 2006 has become a major issue over whether Yaakov Frenkel will return to his former post...

Lapid Changes His Stripes and Tells Middle Class to be Patient

It’s amazing how an election victory can change the stripes of a tiger, namely Yair Lapid. The sensation of Israeli politics who campaigned on...

Bennett Says China to Study Free Trade Proposal

Minister of the Economy Naftali Bennett announced during his visit to China that Beijing officials have agreed to carry out a survey to determine...

Delaware Top Destination for Israeli Firms Incorporating in US

Governor Jack Markell, the only sitting Jewish Governor in the United States, and a delegation of Delaware entrepreneurs and business leaders are visiting Israel...

Israeli-Founded Traffic Safety ‘Mobileye’ Firm Raises $400 Million

The Israeli-founded Mobileye firm, which develops camera-based program for the auto industry to assist drivers, has raised $400 million through five investors, including Enterprise...

Samsung Buys Israeli Web TV Startup Boxee

Samsung acquired the Israeli streaming media startup Boxee for $30 million. The Israeli business site The Marker reported the acquisition by the Korean electronics giant...

Iran Still Imports $18.6 Million of US Goods in Two Months

American sanctions on trade with Iran have enough exceptions that the Islamic Republic imported from the United States 4,000 tons of goods valued at...

Netanyahu Wants Harvard Prof. Helpman as New Head of Bank

Prime Minister Binyamin Netanyahu is trying to recruit Harvard Prof. Elkhanan Helpman, who previously moved to Israel form the Soviet Union, to replace Stanley...

Netanyahu Limits Gas Exports to 40 Percent

Offshore gas fields should be allowed to export no more than 40 percent of the natural gas they produce, Prime Minister Binyamin Netanyahu announced...

Israel Will Be ‘First Totally Digital Country,’ Says Cisco CEO

Cisco’s CEO touts Arab-Jewish teamwork, meet with Peres, announces an innovation venture with   Bezeq communications system, and predicts Israel will be the world’s first...

SodaStream Israel and KitchenAid Join Forces for New Machine

SodaStream, the Israel-based company that makes machines to convert tap water into fizz, has signed a deal with KitchenAid to join forces for a...

Google to Buy Waze for $1.3 Billion

Google out-navigates Facebook. Google will pay $1.3 billion for Waze. Coming on top of $2 billion purchase of Iscar, and rumors of SodaStream next in line, Big Business is far from boycotting Israel.

Report: PepsiCo Offered $2B for ‘Settlements’ Labeled SodaStream

If you can’t beat’em, join’em. PepsiCo is reportedly bidding $2 billion buy out the Israeli SodaStream firm. A buyout could jeopardize the factory in Maaleh Adumim because of the boycott movement.

Lockheed to Build Development Center in Negev

Lockheed Martin, the world’s largest defense contractor,  is establishing a development information system center in the Negev, the latest addition to a growing list...

Argentinean Jew Investing in struggling Israeli Conglomerate

Argentinean real estate mogul Eduardo Elsztain said he will invest $75 million in Israel businesses, including $57 million in the struggling IDB group and...

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