Israel and Jordan signed their largest-ever cooperation water-for-energy deal, in which Jordan will build 600 megawatts of solar generating capacity to be exported to Israel, contingent upon Israel providing water-scarce Jordan with 200 million cubic meters of desalinated water. The agreement was signed by the UAE’s climate change minister, Jordan’s minister of water and irrigation […]
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IAM, acknowledged among the world’s leading IP business media platform, published its Global Leaders 2022 with the inclusion of 18 lawyers from 15 law firms: Tal Band S Horowitz & Co Eran Bareket Reinhold Cohn Group Ronnie Benshafrut Seligsohn Gabrieli Benshafrut & Co Ilan Cohn Cohn, De Vries and Stadler Gal Ehrlich Ehrlich Group Karen Elburg […]
Israel is to build first tech park for Arab sector in the city of Nazareth, with the park to supply 200 workplaces in the tech field to the area, costing USD 6.8 million. The declaration follows the approval last month of a five-year plan to increase the number of Israeli Arabs in the tech industry, […]
Israeli investment platform, OurCrowd has been approved and licensed by Abu Dhabi Global Market (ADGM), the international financial center in Abu Dhabi, and becoming the first Israeli VC fund to operate in UAE. Read more here.
Teva Pharmaceuticals recently issued USD 5 Billion worth of SLB, or Sustainability-Linked Bonds, the first time a generic pharma company has offered bonds linked to sustainability targets, and also the largest issuance of SLB bonds to date. As part of the Environmental and Corporate Responsibility (ESG) trend, the interest paid on the bonds will be […]
Camtek Ltd., a leading manufacturer of metrology and inspection equipment for the semiconductor industry, has announced a USD 175 million offering of 0% Convertible Senior Notes due 2026 (the “Notes”) in a private offering. The offering on the Nasdaq was led by Shibolet & Co. partners Lior Aviram, Shelly Blatt Zak and Chezi Yehezkeli, associates […]
German retail and cloud computing company, Schwarz Group is buying XM Cyber, the Israeli hybrid cloud cybersecurity firm co-founded by former Mossad chief Tamir Pardo, for USD 700 million. Founded in 2016, XM Cyber has developed a platform that simulates organized cyberattacks so companies can learn of the best ways to respond to them. XM […]
New cryptocurrency regulation comes into force, enabling Israeli banks to accept profits from digital currency trading without falling foul of anti-money laundering legislation. The money laundering prevention ordinance will apply to all providers of financial services: fintech companies, credit providers, and cryptocurrency companies. Read more here.
Many entrepreneurs struggle with the question of “how and when you should patent your invention.”Dr. Kfir Luzzatto of The Luzzatto Group puts that question into perspective in his recent Jerusalem Post op-ed article. The question hinges on whether, while considering it, you are still a “dreamer” or already an “inventor.” Our world is moving ahead […]
Israel and Australia discuss free trade agreement, with Economy ministers agree on kicking off preliminary talks as early as January, according to a recent article published in Ynet. Israeli export of goods and business services to Australia in 2020 amounted to about USD 736 million while imports amounted to about USD 325 million with a […]