Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company") announced the dismissal of the recently announced purported class action filed against the Company, alleging that the Company misled its customers by failing to disclose certain information in relation to a certain service. The amount claimed from the Company, had the lawsuit been certified as a class … [Read more...] about Cellcom Israel Announces Dismissal of a Purported Class Action Filed Against the Company
The Tel-Aviv Stock Exchange Ltd. Reports the Results of the Financial Statements for the Second Quarter of 2020
Ittai Ben-Zeev, CEO of the Tel Aviv Stock Exchange, says today: "We are concluding the second quarter since the coronavirus outbreak and its adverse effects on the local and global economy. The aid extended by governments and central banks overseas and in Israel to stimulate economic activities and support citizens in the shadow of the restrictions that were imposed in many … [Read more...] about The Tel-Aviv Stock Exchange Ltd. Reports the Results of the Financial Statements for the Second Quarter of 2020
Elbit Systems Announces the Results of its Extraordinary General Meeting of Shareholders Held on August 10, 2020
HAIFA, Israel, Aug. 11, 2020 - Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) (the "Company") announced today that at its Extraordinary General Meeting of Shareholders (the "Meeting") held on August 10, 2020, at the Company's offices in Haifa, the proposed resolution described in the Proxy Statement to the Shareholders dated July 6, 2020, and described below, was approved by … [Read more...] about Elbit Systems Announces the Results of its Extraordinary General Meeting of Shareholders Held on August 10, 2020
U.S. officials have raised some concerns with Israel over Chinese investments in Israeli high-tech companies and civilian infrastructure
"U.S. officials have raised some concerns with Israel over Chinese investments in Israeli high-tech companies and civilian infrastructure that could increase China’s ability to gather intelligence and acquire security-related technologies. While Chinese state-owned companies remain engaged in some specific infrastructure projects, including operations at Haifa’s seaport set to … [Read more...] about U.S. officials have raised some concerns with Israel over Chinese investments in Israeli high-tech companies and civilian infrastructure
Nick Cannon to Discuss Antisemitism on AJC Advocacy Anywhere Online Program
Nick Cannon will appear Monday on the popular American Jewish Committee online program, AJC Advocacy Anywhere, for a candid conversation about antisemitism, racism, and Black-Jewish relations. The online series has attracted more than three million viewers worldwide since its inception in March. The live AJC program will take place at 2 pm (ET) on Monday, August 10. … [Read more...] about Nick Cannon to Discuss Antisemitism on AJC Advocacy Anywhere Online Program
Beirut-Style Explosion Unlikely to Happen in Haifa
Prof. Dan Shechtman of Haifa’s Technion said that the Beirut-style explosion is unlikely to happen in Haifa. The more realistic and just as grim perspective is to die slowly from air pollution. … [Read more...] about Beirut-Style Explosion Unlikely to Happen in Haifa
Cellcom Israel Announces a Purported Class Action Filed Against the Company
Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company") announced today that a purported class action was filed against the Company, alleging that the Company misled its customers by failing to disclose certain information in relation to a certain service. The amount claimed from the Company, if the lawsuit is certified as a class action, was estimated by the … [Read more...] about Cellcom Israel Announces a Purported Class Action Filed Against the Company
Chromagen: Beware of Damaged Goods!
Imagine that you bought a new shiny high end refrigerator from a leading brand company and upon delivery discovered scratches and dents on the fridge surface? You would expect product replacement irrespectively whether the refrigerator performs properly or not. Well, Chromagen, the company that positions itself as a market leader of the Israeli water heating market, has a … [Read more...] about Chromagen: Beware of Damaged Goods!
New Chinese-operated port in Haifa under construction
The ZPMC floating crane is spotted in the Haifa Port. Shanghai Zhenhua Heavy Industries Company Limited (ZPMC) is a Chinese state-owned multinational engineering company and one of the world's largest manufacturers of cranes and large steel structures. "Shanghai Zhenhua Heavy Industries (ZPMC) has shipped the first batch of four ship-to-shore (STS) cranes and two … [Read more...] about New Chinese-operated port in Haifa under construction
Ending tax break on imported items will take impoverished Israeli citizens to the street
Reportedly the Israeli government is going to end a tax break relieving Israeli citizens from VAT and customs duty on personal imports from abroad valued at $75 or less. This tax break, no matter how small it was, has been a breath of fresh air for Israeli consumers for the last decade. Instead of paying exorbitant prices for obsolete goods and being a hostages of inefficient … [Read more...] about Ending tax break on imported items will take impoverished Israeli citizens to the street
Israeli Economy Stuck Behind Coronavirus
Israel Missing Hydrogen Revolution
"Israel has been late in adopting solar energy despite its natural geographic advantage, now Israel is missing the hydrogen revolution." Source: Hydrogen Market Analysis: Hydrogen Economy is Already Here and Now Just like sunflower is a natural factory transforming solar energy into chemically held energy of sunflower oil, Israel could be a natural hydrogen-producing … [Read more...] about Israel Missing Hydrogen Revolution
Israel and the Palestinians: Chronology of a Two-State Solution
1967 Arab-Israeli War: Israel captures West Bank (including East Jerusalem) from Jordan, Golan Heights from Syria, and Gaza Strip and Sinai Peninsula from Egypt. U.N. Security Council Resolution 242 1978 Camp David Accords 1979 Israel-Egypt peace treaty 1981 Israel unilaterally applies civilian law to the Golan Heights, effectively annexing it; U.N. Security Council … [Read more...] about Israel and the Palestinians: Chronology of a Two-State Solution
Magen David Adom Leverages MobileIron to Secure Mobile Devices Used by EMTs and Paramedics on the Front Lines of Israel’s Fight Against Coronavirus
Using MobileIron’s unified endpoint management platform, emergency medical first responders in Israel can seamlessly and securely access critical patient data when conducting coronavirus tests MobileIron (NASDAQ: MOBL), the company that introduced the industry’s first mobile-centric, zero trust platform for the enterprise, today announced that Magen David Adom (MDA), … [Read more...] about Magen David Adom Leverages MobileIron to Secure Mobile Devices Used by EMTs and Paramedics on the Front Lines of Israel’s Fight Against Coronavirus
The Tel Aviv Stock Exchange (TASE)’s ‘MAYA’ Website Is Now Available in English
The Tel Aviv Stock Exchange (TASE: TASE) announces today the launch of the English version of its 'MAYA' corporate website. The English 'MAYA' website is designed to make information regarding TASE and the companies listed on it more accessible to foreign investors, particularly in light of the growing interest expressed by investors from around the world in Israeli … [Read more...] about The Tel Aviv Stock Exchange (TASE)’s ‘MAYA’ Website Is Now Available in English
Israel’s Possible Annexation of West Bank Areas: FAQ
Annexation, if it occurs, could have a number of implications for U.S. policy and U.S.-Israel relations depending on its timing, territorial extent, legal nature, and physical enforcement. Other consequences would likely follow from Palestinian and other international responses, as well as the potentially significant impact on Jordan. Given these implications, U.S. officials … [Read more...] about Israel’s Possible Annexation of West Bank Areas: FAQ
Facebook selected Rise.ai to implement its new gift card initiative
Rise.ai is making gift cards available to purchase on Facebook and Instagram, which will let small and medium businesses and enterprises (SMBs/SMEs) boost sales, loyalty, engagement, and traffic In 2019 alone, Rise.ai has helped generate $150 million for merchants and handled more than $1 billion in store credit Israel startup Rise.ai, which offers AI-driven customer … [Read more...] about Facebook selected Rise.ai to implement its new gift card initiative
Ellomay Capital Announces the Approval of a Conditional License for the Manara Cliff Pumped Storage Project by the Israeli Electricity Authority
Ellomay Capital Ltd. (NYSE American: ELLO) (TASE: ELLO) ("Ellomay" or the "Company"), a renewable energy and power generator and developer of renewable energy and power projects in Europe and Israel, today announced the approval by the Israeli Electricity Authority of a conditional license to Ellomay Pumped Storage (2014) Ltd. ("Ellomay PS" and the "Conditional License," … [Read more...] about Ellomay Capital Announces the Approval of a Conditional License for the Manara Cliff Pumped Storage Project by the Israeli Electricity Authority
Elbit Systems Awarded $38 Contract to Operate, Maintain and Service the T-6 Trainer Fleet of the Israeli Air Force
HAIFA, Israel, June 22, 2020 /Defense Market/ -- Elbit Systems Ltd. (NASDAQ: ESLT) (TASE: ESLT) ("Elbit Systems") announced today that it was awarded a contract valued at approximately $38 million from the Israeli Ministry of Defense to provide operation, maintenance and logistic services for the Textron T-6 trainer aircraft ("T-6") fleet of the Israeli Air Force ("IAF"). This … [Read more...] about Elbit Systems Awarded $38 Contract to Operate, Maintain and Service the T-6 Trainer Fleet of the Israeli Air Force
