Latest Israel News
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Noble Energy Hits Nat Gas Pay Offshore Israel
Noble Energy, Inc. announced Wednesday a natural gas discovery at the Karish prospect offshore Israel. The discovery well was drilled to a total depth of 15,783 feet and encountered 184 feet of net natural gas pay in high-quality lower Miocene sands. The Karish well, located in the Alon C license approximately 20 miles northeast of the Tamar field, is in 5,700 feet of water. Discovered gross ...
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Anti-sexual harassment bills clear hurdle
Two bills increasing the punishment for and definition of sexual harassment passed preliminary votes in the Knesset Wednesday.The first bill, proposed by MK Michal Roisin (Meretz) increases the penalty a judge can charge a harasser in a civil lawsuit without proof of damage from NIS 50,000 to NIS 150,000.Presenting the legislation in the plenum, Roisin said that an Economy Ministry report found ...
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Invasive beetle may cause trees to fall
The Agriculture Ministry has warned that every minute trees could fall on passers-by due the alarming presence of an invasive beetle species from the Far East - the red palm weevil (Rhynchophorus ferrugineus Olivier). Attacking mainly palm trees that are common in Israel's city streets, the approximately 3.5-centimeter red palm weevils eat the wood of the trees from the inside until the ...
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Jewish Home Split over Rabbinate Vote
The Bayit Yehudi (Jewish Home) party has made reforming the Rabbinate and Religious Services a key part of its platform. According to a party source who spoke ...
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IAF Chief S-300 is En Route to Syria Surprise War is Possible
IAF Commander, Major General Amir Eshel, spoke Wednesday about the IAF's preparedness for a surprise war scenario with Syria, and said that the S-300 anti-aircraft system is on its way to Syria. "A surprise war can come about through many scenarios at present," he said at a conference of the Fisher Institute for National Security in Herzliya. Isolated incidents can escalate very ...
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Citi sees BoI cutting rate further 25 bp next week
Citi analyst David Lubin sees the Bank of Israel making a further 25 basis point interest cut at its regular monthly Monetary Committee meeting on Monday. Lubin points out that the minutes of the meeting last Monday, at which an extraordinary rate cut of 25 basis points was decided upon, "suggest that the Committee was evenly split between a 25 bp cut and a 50 bp cut, and the tie was broken ...
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I Am Gabriel Ancient Stone on Display in Israel
JERUSALEM, Israel -- Gabriel is one of the Bible's best known angels. Now, a first of its kind exhibition in Jerusalem highlights an archaeological discovery quoting Gabriel that's considered the most important find of its kind since the discovery of the Dead Sea Scrolls. It's called the "Revelation of Gabriel." It's written on stone and proclaims three times, ...
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Hizbollah And Iran Propping Up Syria Says Hague
William Hague has warned that Iran and its militant Shi'ite Lebanese ally Hizbollah are "propping up" Syrian President Bashar al Assad. Speaking in Jordan, the Foreign Secretary said: "It is very clear that Syrian regime is receiving a great deal of support from outside Syria from Hizbollah and Iran. "This is a regime that is increasingly dependent on external ...
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US Embassy Outpost legalization undermines peace process
American official attends High Court of Justice hearing on petition to raze selected W. Bank outposts; land forum condemns diplomat's presence at hearing; Peace Now: sending of US representative message to ...
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Amid Syria tensions IAF chief says surprise war a threat
exchanged fire in the Golan Heights , Israel Air Force chief Maj.-Gen. Amir Eshel warned that Israel must be prepared for a "surprise war" developing.Speaking at a conference in Herzliya focusing on the conclusions of the 1973 Yom Kippur War, Eshel stated that "a surprise war can develop today in many forms. Isolated events can escalate very quickly and require that we are ready ...
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Rock Attacks Up Threefold Firebombs Fourfold
The Knesset Foreign Affairs and Defense Committee's Subcommittee on Judea and Samaria was told Wednesday that Arab rock attacks on Jews were 2.5 times more frequent in 2012 than in 2011, and that the numbers for 2013 are 3.5 times larger than those of 2011. The average number of rock attacks per month in Judea and Samaria is currently 54, the military ...
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Noble Energy declares discovery at Karish
NBL ) today announced a natural gas discovery at the Karish prospect in the Alon C license, with a gross mean of 1.8 trillion cubic feet (TCF) of gas. The capital market had expected a discovery of 2 TCF. Noble Energy said that with the addition of Karish and the recent increase in resource estimates at Tamar and Leviathan, total discovered gross mean resources in the Levant Basin were now ...
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Kerry says thousands of Hezbollah fighters in Syria
Bashar al-Assad was not prepared to discuss a political solution to end Syria's civil war, the United States and others would consider increasing support for his opponents. Kerry also told a news conference in the Jordanian capital Amman that there were several thousand fighters from the Lebanese group Hezbollah taking part in Syria's conflict, with Iranian support. Commenting on ...
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Israel army detained 2 Palestinian policemen in Nablus of West Bank
Israel army detained 2 Palestinian policemen in Nablus of West Bank NABLUS - Israel army detained 2 Palestinian policemen in Nablus of West Bank.According to security sources, Israeli soldiers detained two Palestinian policemen in Nablus and they were accused of killing a Jewish settler.A Jewish settler wanted to intrude the region of Prophet Joseph's tomb. Security officers opened fire on ...
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ISESCO condemns Israel calling off a UNESCO mission to visit archaeological and historical sites in Al-Quds
WAM Rabat, 22nd May 2013 (WAM) -- Dr Abdulaziz Othman Altwaijri, the Director General of the Islamic Educational, Scientific and Cultural Organization (ISESCO), condemned the Israeli occupation authorities' calling off a mission of the United Nations Educational, Scientific and Cultural Organization (UNESCO) which was due to visit archaeological and historical sites in Al-Quds Asharif on 20 ...
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FBI kills man suspected of ties to Boston bomb suspect
Boston Marathon bombings early on Wednesday, NBC News reported.NBC said the suspect was being questioned and was originally cooperative, but was fatally shot after attacking the ...
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German intel Assad strengthening hold in Syria
Syrian President Bashar Assad's regime has become more stable, gaining an upper hand in capabilities to successfully thwart rebels amid the conflit plaguing the country, German foreign intelligence agency assessments were reported as stating Wednesday in German ...
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Jenin Jenin Bill approved in early vote
A bill allowing class-action lawsuits to be filed against those who slander IDF soldiers passed a preliminary vote on Wednesday.According to the legislation submitted by MK Yoni Shetboun (Bayit Yehudi) and coalition chairman Yariv Levin (Likud Beytenu), if someone slanders IDF soldiers' operational activities, that person can be sued for slander in a class action ...
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Los Angeles elects first Jewish mayor
LOS ANGELES - Eric Garcetti was elected the first Jewish mayor of Los Angeles, one of a number of political contests that reflect the city's diversity, and its Jewish community.Garcetti, 42, a veteran city councilman, led city controller Wendy Greuel by six points around 3 a.m. Wednesday, with nearly 100 percent of the ballots counted. Greuel conceded about an hour earlier."Thank you ...
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IDF Arrests Murderers of Ben Yosef Livnat
Arab sources are saying that the IDF has arrested the three Palestinian Authority (PA) men who murdered yeshiva boy Ben Yosef Livnat. According to the reports, the three were freed from a PA jail after just one year's imprisonment. The IDF arrested them immediately upon their ...
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Pearl Cohen Zedek Latzer and Baratz law firms merge
Baratz & Co. law firms today announced plans to merge. The new firm will be called Pearl Cohen Zedek Latzer Baratz. Pearl Cohen Zedek Latzer has 85 attorneys and patent lawyers and Baratz & Co. has 35 attorneys. The combined firm will have 101 attorneys and 18 patent attorneys, making it one of Israel's largest law firms. Pearl Cohen Zedek Latzer is one of Israel's top firms ...
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Las Vegas project weighs on Property and Building results
PTBL ) 66% to NIS 72 million for the first quarter of 2013 from NIS 211 million for the corresponding quarter of 2012. CBRE Inc. raised the fair value of the HSBC building in Manhattan by 8% $670 million. Property and Building said, "The net profit accruing to the company from the HSBC Building and Barney's Building (in Chicago) was NIS 77 million in the first quarter, compared with ...
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Jeff Pulver raises $350000 for Zula via OurCrowd
Zula , founded by Jeff Pulver and CEO Jacob Ner-David. OurCrowd added that the financing pushed the total raised for early stage companies above $12 million in 18 funding rounds. Zula has developed a mobile communications platform for teams, continuing Pulver and Ner-David's specialty in telecommunications. Medved told "Globes", "Pulver has a high enough business profile that ...
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Shlomo Maoz Arabs pay higher interest rates
"If I live in Israel and I'm Bedouin or Arab, the interest rate I pay is higher. The closer I get to the White Men and Tel Aviv, the interest rate I pay ...
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Iran Hezbollah increasing support for Assad U.K.
Hezbollah were "propping up" Syrian President Bashar al-Assad and giving him increasing support. "It is very clear that Syrian regime is receiving a great deal of support, increasing support in recent months from ...
Israel Focus
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Biggest construction project in Israeli history
The Port of Ashdod is the gateway to the economy of Israel, it has played a central role in the development of the state and will play a central role in future development, hence the reason for an ambitious $500 million expansion project currently underway in two stages (in the picture, green represents stage 1 and brown stage 2).
The Port of Ashdod is currently undergoing the largest construction project ever undertaken in the history of Israel. In 1999, Israel news media reported that the government wanted to double the cargo capacity of Ashdod, an ambitious construction project was therefore envisioned, involving the building of new piers, new docks, warehouses and cargo handling equipment. It was to take place in two stages, with the total project costing around $500 million. Read more
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