Foreign banks in talks to open branches in Israel
Bank of Israel source confirms reports, but refuses
to specify which banks looking to branch out into
Israel. Only four foreign banks currently operate

3M buys Attenti for $230m
The Tel Aviv based company, formerly Dmatek,
develops and manufactures electronic ankle
bracelets to monitor a person's whereabouts.








Magazine


Israel's top ten technologies
Israel's success in the technology sector is no secret.
Over the years, the country has become a key research
and development center for multinational companies
such as Motorola and Intel, had a role in revolutionizing

HTC taps Israeli technology for its iPad-slayer
The Kfar Sava-based startup N-trig will provide
the touch-screen technology for the tablet
computer that Taiwanese manufacturer HTC

1.5 billion barrels of oil discovered near Rosh Ha'Ayin


Germany's IPB to invest in Israeli renewable energy patents
German fund IPB AG and Israeli patent attorneys Luzzatto
and Luzzatto have teamed up to provide solutions to the
shortage of capital for early-stage ventures. IPB,


Acquisition Makes Teva Number One Generic
Company in Europe

Teva Pharmaceutical Industries Ltd. (NASDAQ: TEVA)
announced today that it has completed the acquisition
of ratiopharm, Germany's second largest generics producer.

Volkswagen Group seeking    
technology in Israel

International auto manufacturer contacts Beilink,
founded by the former Minister Yossi Beilin,
requesting assistance in finding new technologie


- German drone pilots eye Afghanistan from Israel
- Lifewave wins coverage OK in Germany
- Germany's Schott Solar to expand Israel operations
- Joint German-Israeli projects
- Boeing to market Aeronautics Dominator UAV


       




Economy



Israel's economy charges ahead; 4.7% growth in Q2
Israel's economic growth hits 4.7% in second
quarter of 2010, leaving behind Euro bloc at 4.1%

- Fischer tells the story of Israel 2010
- Bank of Israel funnels tens of millions into Gaza


Review 


Leviathan partners: 4.2b barrels of oil beneath gas
The Leviathan partners said that there was a probability
of geological success of 17% of finding 3 billion barrels
gross unrisked mean resources available for production
at a depth of 5,800 meters

-  Sun: Gas exploration cos power TASE gains
1.5 billion barrels of oil discovered near Rosh Ha'Ayin

Novartis to invest up to $670m in Quark biotech
Drug giant wants share of Israeli startup's products
The multinational drug company Novartis is planning
to invest up to $670 million in Quark Pharmaceuticals

       
     
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