Israel

Netanyahu to endorse Reuven Rivlin in presidential poll

Benjamin NetanyahuJerusalem, May 29 - Israeli Prime Minister Benjamin Netanyahu has said he will endorse Reuven Rivlin in next month's presidential election, a spokesperson for his office said Wednesday.

Rivlin, a veteran politician from the right-wing Likud Party, was a former speaker of the Israeli parliament -- the Knesset. He has had bad blood with Netanyahu who initially did not immediately support him.

The Israeli prime minister said he took his time to consider other nominations and "see the final list of candidates" before making a decision in a conversation with Rivlin Wednesday afternoon, Xinhua reported.

Israeli PM associates Holocaust to Iran's ambitious nuclear deals

Benjamin-NetanyahuJerusalem, Apr 29 : Israeli Prime minister Benjamin Netanyahu has linked the Holocaust to suspected ambitious nuclear deals of Iran.

The comments from Netanyahu came as he inaugurated the country's annual Memorial Day for the 6 million Jews killed in Holocaust and has issued warning to the world to prevent another Holocaust.

In his speech, Netanyahu linked the Nazi genocide to Iran's suspected nuclear deals attempts and its repeated attempts to disregard the Holocaust.

Israel backs Jewish settlers in West Bank

Moshe Ya'alonJerusalem, April 14 - Israel's Defence Minister Moshe Ya'alon Sunday authorised Jewish settler families to move into a controversial building in the old city of Hebron in the West Bank, media reported.

"Following up with the court's decision... the settling of the house by those who purchased it was approved today (Sunday)," Ya'alon said, adding that a restricted number of families had been allowed to move into the building, Xinhua reported.

The four-story building is located in the old city of Hebron in the part populated by Jewish settlers.

IMF sees moderate economic growth for Israel

IMF sees moderate economic growth for IsraelJerusalem, April 9 - Israel's economic growth and unemployment rate are both expected to go up in coming future against the backdrop of a stronger global economic recovery, the International Monetary Fund (IMF) said on Tuesday.

Israel's economic growth will increase from this year's 3.2 percent to 3.4 percent in 2015, driven mainly by the start of gas production from the country's offshore Tamar and Leviathan gas fields, Xinhua quoted the IMF as saying in its biannual economic forecast, the World Economic Outlook 2014.

Israel to give up 'some settlements' for peace push

Benjamin-NetanyahuJerusalem, March 8 : Israeli Prime Minister Benjamin Netanyahu said that Israel would agree to give up "some settlements" in the occupied West Bank in order to reach a peace agreement with the Palestinians.

"Obviously some of the settlements won't be part of the agreement, everybody understands that," Xinhua quoted the prime minister in an interview which will be broadcasted Saturday on Israel's Channel 2 news.

Netanyahu has for the first time stated his willingness to exchange settlements for peace.

Jordan lawmakers for severing peace treaty with Israel

Jordan lawmakers for severing peace treaty with IsraelAmman, Feb 17 - Jordan's Lower House Sunday called for revoking the nation's peace treaty with Israel as the Israeli Knesset sought to end Jordan's role in the protection of the holy sites in Jerusalem.

The 150-member house called on the Jordanian government to submit a law to revoke the peace treaty, which Jordan and Israeli signed in 1994, Xinhua quoted a statement issued by the house's Palestine Committee as saying.

Google acquires Israeli security start-up SlickLogin

Google acquires Israeli security start-up SlickLoginJerusalem, Feb 17 - The global internet giant Google is acquiring SlickLogin, an Israeli developer of sound-based password alternative, in an "acqui-hiring deal", which means SlickLogin's staff and knowledge will be integrated into Google, SlickLogin confirmed the deal on its website Sunday.

Israeli drug giant to lay off 5,000 workers

Israeli drug giant to lay off 5,000 workersJerusalem, Oct 11 - The world's biggest generic drugs manufacturer Teva Pharmaceutical Industries will fire 10 percent of its workers worldwide, the Israeli-based company announced Thursday.

Most of the 5,000 employees will be fired by the end of 2014. The move will help Teva save $2 billion annually by 2017, compared to the previously guided range of $1.5-2 billion, reported Xinhua citing the company's statement.

Israel keen to strengthen its relations with India

Israel keen to strengthen its relations with IndiaIsrael is keen to strengthen its relations with India and share its resources in agriculture, water and medical technologies, a senior authority in the Israeli Ministry of Foreign Affairs said.

Eli Belotsercovsky, Israeli Ministry of Foreign Affairs' Director of Economic Relations with India & China, said on Tuesday that India was a very important partner to Israel in the field of trade as well as in general.

Kerry to announce Israel-Palestine peace summit

John-KerryJerusalem, June 29 : US Secretary of State John Kerry may soon announce a peace summit to renew negotiations between Israel and the Palestinians, a media report said Saturday.

"There is a high probability that a four-way summit will take place, perhaps as soon as this week," Israel's Ha'aretz daily cited an unnamed Israeli official as saying.

The report said the summit will take place in Jordan's capital Amman, with the participation of Israel, the Palestinian Authority, the US and Jordan.

Simple phones can now access smartphone technology

Simple-phonesJerusalem, June 24 : An Israeli technology company has developed a method where old or outdated phones can run apps available only on smartphones.

The system developed by the VascoDe company allows users to obtain apps with the firm's cloud-based system that requires no downloads and uses the text-based Unstructured Supplementary Service Data (USSD), similar to the Short Message Service (SMS), Xinhua reported.

Customers will be able to use many apps available until now for smartphone users only.

However, the only difference is that they will see the apps in black and white.

Palestinians should have a state as a right: Blair

tony-blairJerusalem, June 19 : Palestinians "should have a state, not as a reward for good behaviour but as a right", Tony Blair, the official envoy of the Middle East Quartet, said Wednesday.

Blair cautioned Israeli leaders that the "window of opportunity" for peace with the Palestinians might close shortly, Xinhua reported.

"Some say the two-state solution is a fantasy. The fantasy is thinking one-state is sustainable or consistent with Israeli values," Blair said at the Fifth Presidential Conference hosted by Israeli President Shimon Peres.

Israel says it can’t undermine India’s security

Israel says it can’t undermine India’s securityIsrael will not do anything that could undermine India's security because it will in no way compromise on its excellent, strategic relations with India, Israel's defence ministry said in a press release.

The Israel's defence ministry released the statement to the media in response to some reports that Israel has sold some military equipment to Pakistan.

On Tuesday, the Haaretz newspaper cited official reports from the UK hinting that Israel had sold defence equipment to some countries, including Morocco and Pakistan.

Israel to raise tax on alcoholic beverages

Yair-LapidJerusalem, June 5 : Israeli Finance Minister Yair Lapid has signed a decree to raise the purchase tax on alcoholic drinks by 25 percent.

As of July 1, the purchase tax on alcoholic beverages would be $28.5 per liter of alcohol, instead of $23 per liter.

Lapid surprised alcohol consumers in the country by bringing the decree into effect five months earlier than expected.

The Israeli government expects to gross in an estimated 200 million shekels (about $54 million) as a result of the hike.

Israeli firm grows bones from fat

bonesJerusalem, April 12 : An Israeli biotech company has developed a way to turn extra fat into new bones to replace missing or damaged bone structure.

With the new findings, Bonus Biogroup based in the northern Israeli city of Haifa, will help millions of people all over the world suffering from bone diseases such as osteoporosis, bone infection and also accidents that cause irreparable damage to the bones, reported Xinhua.

By making the cells grow in a scaffold after scanning the patient's bones to determine the shape, these cells then fill a mould and make a completely new bone resembling the lost one.

Israeli aerospace giant eyes Brazilian market

Israeli aerospace giant eyes Brazilian marketJerusalem, April 8 : Israel Aerospace Industries (IAI) is operating its integrated command, control and communication center in Brazil, the company said in a statement.

Israeli personnel have been dispatched to operate MC4, developed by IAI's MLM Division (which specializes in the development and production of missiles, communications, simulators and other space related products), in an undisclosed Brazilian state as part of intense marketing efforts.

Archaeologists find ancient wine factory in Israel

Archaeologists find ancient wine factory in IsraelA team of archaeologists have said that they have discovered an ancient wine-pressing factory spreading across more than 1,000 square feet in Israel among the ruins of an ancient Byzantine settlement.

The Israel Antiquities Authority (IAA) said that researchers discovered a ceramic lantern shaped like a miniature church and carved with crosses, indicating that the wine factory belonged to a Christian. The discovery was made at Hamei Yo'av in Israel along the ancient settlement from the Byzantine times.

Israel begins Natural gas production at Tamar field

Israel begins Natural gas production at Tamar fieldThe production of Natural gas has begun at Tamar field and the gas is expected to reach Israel's shores on Sunday after flowing through nearly 200 kilometers of pipelines.

The Ministry of Energy and Water Resources of the government of Israel said that the production will address the shortage of natural gas in the country. It is believed that the supply of natural gas from Tamar will be partial and full capacity will only be restored after a few weeks. The Tamar field was discovered in the year 2009 and it has an estimated 9 trillion cubic feet of natural gas.

Obama urges Israel against building Jewish settlements

Obama urges Israel against building Jewish settlementsJerusalem, March 22 - US President Barack Obama called on the Israeli government Thursday to stop building settlements in the West Bank and East Jerusalem, saying continued settlement activity was "counterproductive" to peace.

Obama, who is on a three-day state visit in Israel, made the appeal during a keynote speech to Israeli students, Xinhua reported.

Yields on benchmark Israeli bonds rise to 3.93%

Yields on benchmark Israeli bonds rise to 3.93%According to the latest data released, the benchmark bonds of the Israeli government fell and its yields rose its fastest in three weeks.

The fall in bonds was recorded after suggestions that the government will record a high budget deficit and may struggle to repay its debt to the lenders.

The yield on the 4.25 per cent securities set to mature in March 2023 increased 0.02 percentage point to 3.93 per cent this afternoon in Tel Aviv.



Check out More news from Telecom Sector :: Pharmaceutical Sector :: Auto Sector :: Infrastructure :: Real Estate

Syndicate content