Latest Israel News
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High-tech cos raised $196m in Q1
Israeli high-tech companies raised $196 million in the first quarter of 2013, 29% less than in the preceding quarter, but 19% more than in the corresponding quarter of 2012, states pwc Israel Kesselman & Kesselman in its quarterly MoneyTree report. Software companies raised 33% of the total capital raised in the quarter, and Internet companies raised 23%. pwc Israel partner, High Tech ...
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Israel cancels planned visit by UNESCO delegation
The Israeli Foreign Ministry on Monday cancelled a planned visit by a UNESCO delegation to Jerusalem due to the efforts of Palestinian factions to politicize it, local media reported.The ministry said the Palestinians are trying to turn this visit into a "fact-finding mission of Israel's moves in Jerusalem. "In statements to Xinhua, a well-placed source said "the ...
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Police probe alleged Yachimovich financial irregularities
The Israel Police has confirmed that it is investigating suspected financial irregularities by Labor Party chairwoman MK Shelly Yachimovich during the party's primaries. The police said that, on April 3, 2013, a complaint was filed with the Rosh Ha'Ayin police against Yachimovich. The material was sent to Investigations Branch chief, Major General Yoav Segalovich, who ordered an ...
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Vandals target Israeli women’s prayer group
Israeli police say vandals have spray-panted slogans on the home of one of the leaders of a liberal Jewish women's group that has angered ultra-Orthodox communities over its demands for equality of ...
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30 Hezbollah fighters killed in Syrian offensive
About 30 fighters from the Lebanese militant group Hezbollah and 20 Syrian soldiers and militiamen loyal to President Bashar al-Assad were killed in heavy fighting with rebels in the town of Qusair, Syrian activists said on Monday.Opposition sources and state media gave sharply differing accounts of the outcome of Sunday's ferocious battles in the town, long used by rebels as a supply route ...
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23 Hezbollah fighters reportedly killed in Syria in clashes by Lebanon border
BEIRUT – Syrian government forces pushed deeper into a strategic opposition-held town near the Lebanese border Monday, battling rebels in fierce street fighting, Syrian state-media said. An activist group said at least 23 elite fighters from Lebanon's Hezbollah militant group fighting alongside regime troops have been killed in the clashes. The Britain-based Syrian Observatory for ...
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Israels Lapid speaks of removing some settlers for peace
JERUSALEM (Reuters) - Finance Minister Yair Lapid, whose new centrist party is the second largest in Israel's government, said on Monday thousands of Jewish settlers would have to be removed from occupied land under any peace deal with the ...
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Israel seeks to rein in company tax breaks
By Steven Scheer TEL AVIV | Mon May 20, 2013 10:07am EDT TEL AVIV May 20 (Reuters) - Israel plans to amend a law granting companies tax breaks and grants to invest in the country as the government tries to close a widening budget deficit. Since taking office two months ago, Finance Minister Yair Lapid has drawn up state spending cuts and tax hikes to close a deficit of over 45 billion ...
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Egypt boosts Sinai forces amid hostage crisis
EL-ARISH, Egypt - The Egyptian army sent reinforcements into the Sinai Peninsula on Monday after President Mohamed Morsi said there would be no talks with militant Islamists ...
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Irans electoral watchdog may ban Rafsanjani
DUBAI - Iran's electoral watchdog said on Monday it would bar physically feeble candidates from running for president, in an apparent hint that it could disqualify 78-year-old former President Akbar Hashemi Rafsanjani from the race.Rafsanjani, if he is allowed to run, would be a significant challenge to conservative hardliners who are ultra-loyal to Supreme Leader Ayatollah Ali ...
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Police Bank Shooter Was Disgruntled Bank Customer
The shooting at a Beersheva bank Monday in which four people were killed was committed by a 40 year old former IDF officer who owed the bank money. Police said that the shooter, whose name was not yet being released, had attempted to get the debt quashed, but failed. The bank had closed his line of credit and blocked usage of his credit card, police said. The former officer had attempted to ...
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Interactive video co Interlude raises $15m
Interlude Ltd. , founded by rock musician and CEO Yoni Bloch, VP product, Tal Zubalsky, and COO Barak Feldman, has raised $15 million. Intel Capital led the round with a $6.5 million investment, and was joined by Yuval Shahar and Ohad ...
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Lapid We need money from purchase tax on homes
Finance Minister Yair Lapid told the Globes-BDO Ziv Haft Capital Market Conference, "If we can't find alternatives, it will remain in place, even if it costs Yesh Atid ...
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IEC seeks to empty workers trustee account
ELEC.B22 ) today petitioned the Central District Court to order the trustee to empty the trust account which money was deposited to pay pensioners. NIS 1.5 billion remains in the account, after IEC withdrew NIS 600 million with the employees' consent a year ago. The IEC workers committee strongly opposes the emptying of the trust account, and already declared a labor dispute at the ...
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Israel backs Kerry peace moves despite internal debate
U.S. Secretary of State John Kerry speaks as he welcomes Prime Minister of Turkey Recep Tayyip Erdogan during a luncheon at the State Department May 16, 2013 in Washington, DC. Alex Wong/Getty ...
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National Security Brief Hezbollah Joins Syrian Military In New Offensive Against Rebels
reports that Iranian-backed Lebanese militant group Hezbollah has joined a Syrian military offensive in an attempt to capture a rebel stronghold near the Lebanese border. ';Taking the town of Qusayr, southwest of the city of Homs,'; the Journal notes, ';would bolster recent gains by regime forces in central Syria and around the capital, Damascus'; and could also ...
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Five dead in Israeli bank robbery
JERUSALEM (Reuters) - A bank robbery in Israel on Monday ended with the deaths of five people, including one of the holdup men who apparently shot and killed himself when police launched a raid to free ...
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Israeli police Bungled bank heist kills 4 people robber commits suicide
JERUSALEM - Israeli police say a bungled bank robbery in a southern city left four people dead before the gunman took his own life. Police spokesman Micky Rosenfeld says four people were killed when at least one gunman entered the bank in the city of Beersheba on Monday. A gunfight apparently broke out and the robber took one hostage, but as a standoff developed, he committed suicide. ...
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Israel rejects French TV claim on Palestinian boys death
A September 30, 2000, file combo of TV grabs from France 2 footage taken during Israeli-Palestinian clashes in Netzarim in the Gaza Strip shows Jamal al-Dura and his son Mohammed, 12, hiding behind a barrel from Israeli-Palestinian cross fire. (via ...
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Four killed in bank robbery in Israel
FOUR people were killed and at least three injured Monday in a bank robbery in the southern Israeli city of Beersheba, police and first aid officials said. The robber shot himself, and a woman he had apparently held hostage was freed, Negev District Police Commander Peretz Amar told reporters at the scene, announcing the incident was "over." "We tried to negotiate with him. We ...
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Israel cancels UNESCO mission to Jerusalem
ISRAEL announced on Monday it was calling off a United Nations investigative mission to the Old City in annexed east Jerusalem because of Palestinian efforts to politicise the visit. "Israel has cancelled the delegation," which was due to have arrived the same day, a foreign ministry official told AFP "The Palestinians were not respecting the understandings. The visit was supposed to ...
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Have fun with fennel
This week's flavor is fennel, and young chef Itzik Asulin of the Italian trattoria Lulu Kitchen and Bar in Neveh Tzedek suggests using this aromatic vegetable to add freshness and flavor to a light seasonal ...
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Israels History in Pictures Kibbutz Tel Yosef 1921
The composition of this photo is striking -- a new Jewish settlement at the foot of a mountain ridge and at the bottom of a gorge. On the back someone wrote "Tel Yosef 1921," apparently the year, the only date found on a photo in the Seidon collection. The kibbutz was named after Yosef Trumpeldor, a Jewish Zionist hero who died defending the Tel Hai settlement in 1920.The photo is an ...
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Battle in Syria Pulls Hezbollah Further Into Assads War
BEIRUT, Lebanon ...
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Hezbollah Suffers Losses in Fierce Battle for Syrian City
BEIRUT, Lebanon ...
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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