Tag: News

BGU, UM sign academic agreements

BGU President Rivka Carmi and UM President Donna E. Shalala shake hands after signing an agreement of collaboration. Ben-Gurion University of the Negev (BGU) and

Largest underground stream discovered

Engineers in Jerusalem have discovered the largest underground water system ever found in Israel. The beneath the surface stream was unearthed near the Jerusalem convention

World Cup Israeli technology

An Israeli architectural simulation system is being used to help build one of the stadiums for the 2014 World Cup soccer tournament that is set

Sweet deal: Israel’s sugar to EU

Europe is suffering from a major sugar shortage, and Israel’s primary sugar mill, Sugat, has been called to the rescue. For the first time since

New $160m Israel-Europe tech fund

Venture capital house Greylock Israel Partners has closed a $160 million fund, Greylock Israel II, from which it will continue to invest in exceptional enterprise

Huge desalination plant to open

Israel’s Finance Ministry has approved funding for the construction of a seawater desalination plant in Sorek, said to be one of the world’s largest such plants.

Marvell to invest $200m in Israel

Marvell Technology said it will invest $200 million in its two research and development (R&D) centers in Israel. The Silicon Valley chip designer co-founders, chairman

Israel’s Cedar wins award at Cannes

Israeli film director Joseph Cedar clinched the best screenplay award at the Cannes Film Festival for his film, Footnote. Footnote is a drama-comedy about the

Israel No.1 investor in R&D

Israel is still the world’s top investor in R&D as a proportion of GDP in 2011, according to the World Competitiveness Index by Switzerland’s IMD

Harrah’s buys Israeli Playtika for $80m

Israeli social games developer Playtika has been acquired by Harrah’s, a unit of Caesar’s Entertainment Corporation, at a company value of $80-90 million. The buyout comes

Coen brothers win $1m. Dan David Prize

Photo by YehoshuaYosef/Flash90. Joel and Ethan Coen at Tel aviv university after winning the Dan David Prize. American filmmakers, Joel and Ethan Coen were awarded