01.01.2007-31.12.2007

01.01.2007-31.12.2007

  
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1

Magic Software confirms sale of unit to private equity fund

01.01.2007-31.12.2007
  The firm moves to focus on its core business.
  Shiri Habib 31/12/2007
 Enterprise software developer Magic Software Enterprises Ltd. (Nasdaq: MGIC ; TASE: MGIC ) today confirmed the sale of subsidiary Advanced Answers on Demand (AOD), to private equity fund Fortissimo ...
2

AMD to collaborate with chipset start-up Commex

01.01.2007-31.12.2007
  The company's solution can provide a performance leap for multi-core processors.
  Shmulik Shelah 31/12/2007
 Israeli start-up Commex does not yet have a product, but it does have at least one significant contract. The chip company, currently operating under the RAD Group "incubator" has reached a The Commex...
3

Wall Street firm owns stake in Bank Hapoalim

01.01.2007-31.12.2007
  Other US institutional investors increased their holdings.
  31/12/2007
 Bank Hapoalim (LSE: BKHD ; TASE: POLI ), in a notice to the Tel Aviv Stock Exchange (TASE), reported that Wall Street asset management company Lazard Asset Management has bought a 5.04% stake in Bank...
4

Over half the country wants an IKEA nearby

01.01.2007-31.12.2007
  More than two-thirds of Haredim want the chain near their residence.
  Ilanit Hayut 31/12/2007
 More than half of the population (52%) of the country want Ikea to open a store in their area, according to a poll by "Hagal Hachadash" for "Globes" yesterday. Only 30% of the population does not want...
5

BOS in Dimex acquisition talks

01.01.2007-31.12.2007
  The cash and share deal is valued at $4.5 million.
  Adi Ben Israel 31/12/2007
 Enterprise software and RFID solutions provider BOS-Better Online Solutions Ltd (NASDAQ: BOSC - News; TASE: BOSC), announced today that it is in advanced negotiations for the acquisition of Dimex It...
6

Bank of Jerusalem - Dexia Bank merger mooted

01.01.2007-31.12.2007
  The merger of the two would create a bank with shareholder's equity of NIS 900 million.
  Eran Peer 31/12/2007
 Is another bank merger brewing? One of the ideas recently mooted is a merger between two small banks, Dexia Israel (Public Finance) Ltd. (TASE: DXIL ), and Bank of Jerusalem (TASE: JBNK ), through a ...
7

New electricity tariff postponed

01.01.2007-31.12.2007
  Publication of the new tariff has been put back by at least four months.
  Lior Baron 31/12/2007
 The Public Utilities Authority (Electricity), chaired by Amnon Shapira, has postponed publication of the new tariff for Israel Electric Corporation (IEC) to April 2008. According to the original plan,...
8

Elran sells half Atlas Estates holding to Noam Lanir

01.01.2007-31.12.2007
  The sale is at a premium of 13% over Atlas's market price.
  Michal Yoshai 31/12/2007
 Elran (DD) Real Estate Ltd. (TASE: ELRE ) has found another buyer for its shares in Atlas Estates Ltd. (AIM: ATLS ) after cancelling the sale to Ocif Investments and Development Ltd. (TASE: OCIF ), ...
9

5.3% growth for Israel's economy in 2007

01.01.2007-31.12.2007
  The growth rate in Israel is double the OECD average.
  Zeev Klein 31/12/2007
 Israel's economic growth reached 5.3% in 2007, the Central Bureau of Statistics reports . 2007 rounds off five consecutive years of rapid growth, the growth rate in four of which exceeded 5%. The The...
10

Israel's population passes 7.2 million

01.01.2007-31.12.2007
  The population increased by 1.7% in 2007.
  Globes correspondent 31/12/2007
 Israel's population now stands at 7.241 million, said the Central Bureau of Statistics in its latest report ahead of the end of 2007 today. 75.6% of the population, 5.477 million are Jews, 20%, 1.449...

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