Inward investment

Inward investment

  
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1

McCann Erikson invests $4m in new media investment co TheTime

Inward investment
  The investment was made at a company value of $30 million for TheTime, which will use the money for follow-on investments.
  Roy Goldenberg 29/04/2012
 McCann Erikson Worldwide Inc. has invested $4 million in TheTime , a new media investment firm founded by Ilan Shiloach and Nir Tarlovski. Shiloach is also the chairman of McCann Erikson Israel Ltd. ...
2

Canada's Senvest buys stake in Israel Opportunity gas exploration co

Inward investment
  Senvest Capital bought 5.62% of the Israeli gas exploration limited partnership for NIS 10 million.
  Moshe Golan 24/04/2012
 Canadian holding company Senvest Capital Inc. (TSX: SEC) has become a party at interest in gas exploration company Israel Opportunity Energy Resources LP (TASE: ISOP.L ). Senvest acquired 5.62% of ...
3

Liberman, Abeles families threaten to sue Israel

Inward investment
  Zadik Bino's Australian partners in Paz and First International Bank claim the concentration committee proposals breach international conventions.
  Lilach Weissman and Eran 19/04/2012
 Sources inform ''Globes'' that the Liberman and Abeles families of Australia, Zadik Bino's partners in the controlling core of Paz Oil Company Ltd. (TASE: PZOL ) and First International Bank of Israel...
4

Telefonica to set up start up incubator in Israel

Inward investment
  Executives of the Spanish telecom giant are currently holding a series of meetings in Israel for the establishment of the incubator.
  Shmulik Shelach 27/03/2012
 Sources inform ''Globes'' that Spanish telecommunications giant Telef?nica SA (NYSE; IBEX: TEF; LSE: TDE; DAX: TNE5; TSE: 9481) is due to set up a start up incubator in Israel. The company has a , In...
5

Steinitz: We must continue to attract investment

Inward investment
  Mnister of Finance Yuval Steinitz met the Israeli delegation at the Bloomberg Sovereign Debt Conference in Frankfurt today.
  Globes' correspondent 22/03/2012
 Minister of Finance Yuval Steinitz and Acting Ministry of Finance director general Doron Cohen today met members of the Israeli delegation at the Bloomberg Sovereign Debt Conference in Frankfurt. " A...
6

Sony targets Israeli medical technologies

Inward investment
  The company plans to invest hundreds of millions of dollars in Israeli companies and is mulling setting up a development center.
  Gali Weinreb and Shmulik 18/03/2012
 Sources inform ''Globes'' that Sony Corporation (NYSE: SNE; TSE: 6758) is actively seeking to invest hundreds of millions of dollars in Israeli medical technologies. The company has established a team...
7

NDS COO: We'll expand our Israeli workforce

Inward investment
  Rafi Kesten: This is the link-up of two outstanding companies, not a streamlining measure.
  Globes' correspondent 18/03/2012
 "Our operations are global, and you can seem them in Israel with HOT Telecommunication Systems Ltd. (TASE: HOT ) and YES ( DBS Satellite Services (1998) Ltd. ). Contact with Cisco was initiated in NDS...
8

BioView agrees lung cancer detection deal with California co

Inward investment
  BioView has signed a cooperation agreement with OncoMDx to develop a noninvasive diagnostic test for the early detection of lung cancer.
  Guy Katsovich 06/03/2012
 BioView Ltd. (TASE: BIOV ) announced today that it has signed a cooperation agreement with OncoMDx of California, to develop a noninvasive diagnostic test for the early detection of non-small cell The...
9

Average mortgage repayment 33% of monthly salary

Inward investment
  The Bank of Israel: the amount of mortgages for which homeowners are more than three months in arrears has fallen significantly.
  Adi Ben-Israel 05/03/2012
 The negative trend in mortgage takers' leverage is continuing: the average level of monthly mortgage payments fell in January to 33% of monthly salaries, compared with 34.2% in December 2011, and 35.2...
10

"Israel has too many rich folks blind to others' needs"

Inward investment
  Former Wall Street investment manager Michael Steinhardt tells "Globes" that the wealthy should pay higher taxes.
  Efrat Peretz 05/03/2012
 Michael Steinhardt, one of Wall Street's leading portfolio managers, has not invested money for others for over 16 years, but he doesn't miss it. "I really don't," he told "Globes" in an exclusive " ...

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