74.9 F
Jerusalem, Israel
22 Elul 5779 -
? Saturday, September 21, 2019


Dutch Army to Use Elbit’s ‘Iron Fist’ to Protect Armored Vehicles

“The APS will give us a significant combat advantage and will improve tactical operation."

Are Swastikas Always Anti-Semitic?

McGill suggested Nazi swastikas with negative connotations could be mixed in with Buddhist swastikas to avoid being detected.

Amazon Signs Delivery Service Deal with Israel Postal Service

Amazon says it does not intend to open local logistical warehouses in Israel. Instead, the e-commerce giant will ship from logistical centers outside the country.

Jordan’s Supreme Court Approves Israel Gas Deal, Bypass of Parliament

The agreement was signed in September 2016 with Noble Energy.

Israeli WaterGen Machine Installed in Monaco Palace

Monaco's Prince Albert II is known for his environmental conservation efforts.
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World Oil Prices Soaring as Half of Saudi Production Disabled in Drone Attacks

US officials said that seventeen points of impact were precisely targeted, an operation that required a surveillance and planning capacity "of a whole new level of sophistication."

Finance Ministry Proposes Slashing Import Tax Exemption

If the proposed measures are left intact, it is expected the VAT exemption will become a thing of the past by next April (2020).

Intel Unveils ‘Smartest Building in the World’ in Israel

The massive 75,000 sq. meter (approx. 800,000 sq. ft.) building will host 2,000 employees from the former Petah Tikva and Ra’anana campuses.

Saudi Oil Output Drops 50% After Houthi Attack on Crude Processing Facilities

The closure is expected to impact ... five percent of the world’s daily oil production.

Congressional Report Reveals Exactly How Much Israel Receives from the US

To date, the United States has provided Israel $142.3 billion (current, or non-inflation-adjusted, dollars) in bilateral assistance and missile defense funding.

PA Reveals Construction of Largest Power Plant Coming ‘Soon’

Power generation from the plant is expected to commence at the end of 2021, with a total project cost of approximately $620 million.

Amazon Israel to Begin Operations Next Week

Local sellers have already been warned: local site traffic is expected to leap the second the virtual doors are open.
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Massive Fire Blazes at Vegetable Oil Warehouse in Haifa Port

One firefighter was injured in the effort to fight the blaze and evacuated to a nearby hospital.

South Florida County May Repeal ‘Kosher Tax’ After Complaints by Businesses

The heavily Jewish Broward County has been collecting permit fees for nearly 40 years, but on Sept. 10, commissioners will vote on whether or not to repeal the kosher-license regulations.

9% Increase in Tourists Entering Israel in August

"August continues the trend of month after record-breaking month for incoming tourism."

Obama’s Embargo Gave Birth to Improved Israeli Rocket Now Tested by US Army

An early version of the Spike was offered by Rafael as a possible contender for the US Army JAWS missile program in 1996. It was not picked up.

Fitch Affirms Israel’s A+ Rating, Stable Outlook

Fitch assesses in its report that Israel’s macroeconomic performance has been strong and the economy will remain buoyant in 2019, with real GDP growth of 3.1%, low unemployment, rising wage growth and still low inflation.

Israeli Hi-Tech Jobs Reach 8.7% of Entire Workforce

“The rate of workers employed in the hi-tech sector has stood at 8% for about a decade, and for the first time we’ve seen a real positive trend in this figure."
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Israel’s Defense Ministry Selects Elbit’ Iron Fist Protection for the Eitan Armored Fighting Vehicle

The selection of the IFLD for the IDF’s Eitan AFV comes on the heels of the decision by the US Army to proceed with the IFLD for the Bradley AFV.

Teva Pharmaceuticals Launches Generic EpiPen for Children in US

Teva is the world’s largest manufacturer of generic medications.

It’s Official: Amazon Israel Has Been Launched

Amazon's delivery services are not going to be available in Israel just yet, and it is unclear if and when Amazon will begin operating them.

Israel, South Korea, Conclude Free Trade Negotiations that Exclude Jewish Settlements

Israel agreed that products from the settlements in Judea, Samaria, and the Golan Heights will not enjoy various benefits such as customs exemptions under the Free Trade Zone Agreement with South Korea.

Israel Agreed to Exclude Settlement Products from South Korea Trade Agreement

The Koreans conditioned the entire deal on the settlements exclusion.

Israeli Woman Convicted of $145 Million Binary Options Fraud in US

Another 14 other defendants are standing trial for involvement in the binary options scheme.

Amazon Israel Aims to Launch Ahead of Elections, Jewish Holidays

Amazon bought Israeli cloud company CloudEndure for $250 million in January, and late last month acquired Israeli technology startup E8 Storage.

Third Highway to Cut Drive Time from South to Jerusalem

Highway 39 was designed as part of the planned infrastructure, and will run in a tunnel under Britannia Park in the Judaean lowland.

As China Devalues Yuan Radically, Shekel Continues to Strengthen

If you're an American Oleh living off your pension in Israel – you just got a 2.7% pay cut.

Israeli AMOS-17 Communications Satellite Launch Delayed, Tentatively Rescheduled for Aug. 6

A decision was made to stand down for further rocket checks when an issue was detected during a prelaunch static fire test of the Falcon 9.

S&P Ratifies Israel’s Credit Rating at AA- with Stable Outlook

The company estimates that one of the key goals the new government will pursue is fiscal discipline . . . that includes reducing spending as well.

Amazon Acquires Ramat Gan-based E8 Storage

The E8 team and technology will move in to the existing Amazon Web Services development center in Tel Aviv.

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