Israel News

January 3, 2012

Matrix IT acquired control of Exzac through the acquisition of 60% of its parent company, Germany's AG 2000, for $6.75 million.

January 3, 2012

The shekel-dollar exchange rate is down 0.49% to NIS 3.802/$.

January 3, 2012

The Bank of Israel: All the credit card customers are protected.

January 3, 2012

CF102 was found to be safe and effective in the Phase I/II clinical trial in Israel.

January 3, 2012

Banking official: There will be a credit crunch in the economy, and real estate will be the first to suffer.

January 3, 2012

Gilat provides telephony and Internet access to remote communities throughout rural Colombia.

January 3, 2012

The company and its Series A bondholders agreed to negotiate for seven more days on a settlement.

January 3, 2012

The pending rate hike is intended to blunt the expected 30% rate electricity hike due in April.

January 3, 2012

The Concentration Committee has completed the hearings stage, and will submit its final recommendations to the government in late January.

January 3, 2012

Both banks note that Dr. Jeremy Levin was instrumental in executing Bristol-Myers Squibb's successful “string of pearls” strategy.

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