Leviathan gas pipeline to Greece would cost $5.7b

The EU Commission, which financed a feasibility study, has recognized the pipeline as a Project of Common Interest.

winter time Photo: Yonatan Bloom Israel daylight savings time ends Saturday night

Winter time will continue from October 30 through March 24, when summer time 2017 will begin.

Yehuda Shamai Photo: Yossi Cohen Israeli co Dragontail Systems files for ASX IPO

The Israeli food tech delivery company plans to raise A$6.5 million on the Australian stock exchange next month.

Construction of new plants - EPC versus EPCM

The approach which had previously dominated the construction of new factories was to have complete separation between design and execution. This is known as EPCM – Engineering, Procurement and Construction Management.

Jerusalem entrance project Photo: Dagan Solutions Jerusalem western entrance project inaugurated

Investment in the project, which includes 14 high-rise buildings, will total NIS 10 billion.

Startups Israeli high-tech capital raising bucks global downturn

IVC-KPMG: Israeli high-tech companies have raised $4 billion so far this year, up 27% from the first nine months of 2015.

Cathay Pacific, photo: PR Cathay Pacific to launch Tel Aviv-Hong Kong flights

The airline will begin operating four weekly flights on March 26, intensifying competition over Far East flights for El Al.

Samson Samson Photo: PR Israeli co IMS streamlines supply chain management

The Kiryat Gat based company reduces one of the most costly expense items for some of the world's largest corporations.

Shufersal Rosh Hashanah retail sales down

Sales of beverages, home products, and personal care products fell steeply.

Eyal Levin Photo: PR InsuLine jumps on Chinese deal

The potential investor will invest $4 million in the company for an allocation of 40% of InsuLine's share capital.

Israeli Public Broadcasting Corporation, logo New Broadcasting Corp. ready to go on air

The announcement puts the ball in Netanyahu and Kahlon's court, but many feel the Prime Minister is opposed to the new corporation.

Fintech 9 Israeli fintech cos make KPMG top 100

KPMG regards Israel as a significant fintech incubator, with 450 companies active in the field.

startup photo: Shutterstock Israeli social video creation co Wochit raises $13m

Media giants ProSieben, Singapore Press Holdings and SPH Media Fund led the investment.

building site workers photo: Tamar Matzafi Gov't selects 6 foreign building cos to work in Israel

Five Chinese companies and one Portuguese company will be granted five-year permits with possible three-year extensions.

Shmuel Hauser, photo: Eyal Yitzhar Israeli regulator seeks binary options global sales ban

Global estimates are that 90% of binary options firms are Israeli and Securities Authority head Shmuel Hauser wants all marketing worldwide banned.

Jammed Israel Photo: Eyal Yizhar Israel slips to 52 in ease of doing business index

Israel has not fared well in the World Bank's latest Doing Business rankings.

Yitzhak Peterburg Teva expands e-Health partnership with IBM

The partnership will focus on the discovery of new treatment options and improving chronic disease management.

Israel Fraier Photo: PR Israeli co ScanTask brings farmers precision agronomy

The company's AgriTask for optimizing crops and agronomic and management needs will be unveiled at London's World Agri-Tech Investment Summit.

Shekels Photo: Shutterstock Shekel gains ground despite dollar's global strength

FXCM Israel: Expectations continue to grow that the US Fed will raise interest rates in December.

Danny Atar Photo: PR Treasury retreats on demand for JNF to pay extra NIS 1b

Consequently, there will be a 1% across-the-board cut for all Israel's ministries in the 2017-2018 budget.

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