Israel is waking up to its dramatic shortfall in infrastructure compared to most developed economies and a potential increase in spending is bound to offer the private sector a raft of new opportunities.
Israel-based Check Point Software had an unusual warning for investors.
TEL AVIV, Israel _ Check Point Software Technologies Ltd. on Thursday reported second-quarter profit of $188.4 million. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of $1.22 per share. Eleven analysts surveyed by Zacks expected $454.7 million.
*Ultra-Orthodox to make up a third of population by 2065. *Israel's labor productivity below most OECD countries. BNEI BRAK, Israel, July 19- Chaim Rachmani spends his days studying Jewish religious texts in the Israeli town of Bnei Brak, whose crowded streets brush up against the office towers of Tel Aviv.
Jon Medved, CEO of OurCrowd, talks about how the crowdfunding platform is allowing investors to support Israeli companies focusing on the Chinese market.
*Ultra-Orthodox to make up a third of population by 2065. *Israel's labour productivity below most OECD countries. BNEI BRAK, Israel, July 19- Chaim Rachmani spends his days studying Jewish religious texts in the Israeli town of Bnei Brak, whose crowded streets brush up against the office towers of Tel Aviv.
Netanyahu also made a rare public admission that Israel has struck Iranian arms convoys in Syria bound for Hezbollah "dozens and dozens of times." The Israeli premier was overheard blasting the EU's approach to Israel, saying "it's crazy. Europe is undermining its security by undermining Israel.
Investing in peace and retail with peace as the dividend.
*Middle East rival to Uber launches in occupied West Bank. RAMALLAH, West Bank, July 18- Careem, a Middle Eastern rival to Uber, has become the first ride-hailing firm to operate in the Israeli-occupied West Bank. There is certainly a market for easier ride-hailing among the nearly 3 million Palestinians living in the West Bank, but the fact the mobile network is...
China's investors and markets are becoming increasingly important to Israel's economy, and in particular to its booming high-tech industry.
*Qatar says Post report "reveals UAE involvement". LONDON/ DOHA July 17- Qatar said on Monday that a U.S. media report had shown that the United Arab Emirates was involved in an alleged hack of Qatar's state news agency in late May that helped spark a diplomatic crisis in the Gulf. Saudi Arabia, the UAE, Bahrain and Egypt all cut off diplomatic and transport ties with...
LONDON, July 17- SodaStream International, whose stock has risen by more than 300 percent in 18 months, is aiming to boost sales of its fizzy drink-making household devices in existing markets. The Israel- based company, which used to market SodaStream with flavours, has switched to focus on turning tap water into sparkling water, which it says is more on trend with...
LONDON, July 17- The United Arab Emirates was not responsible for an alleged hack of Qatari websites which helped spark a month-long diplomatic rift with Doha, the UAE's minister of state for foreign affairs said on Monday. Qatar's emir, Sheikh Tamim bin Hamad al-Thani, was quoted in May as praising Gaza's ruling Hamas movement and calling Iran an "Islamic power".
BRUSSELS, July 17- EU antitrust regulators charged Israeli drugmaker Teva on Monday with doing an illegal deal with Cephalon to delay selling a cheaper generic version of the latter's sleep disorder drug, putting it at risk of a fine. The crackdown by the European Commission follows fines against scores of companies including Denmark's Lundbeck, U.S. giant...
The UAE planted a false story on a Qatari site that was used as a pretext for the current diplomatic crisis, The Washington Post reported.
The financial effects of a Palestinian-led boycott against Israel are unlikely to be catastrophic, according to industry experts.
Police said there were several casualties in a shooting attack at Jerusalem's old city.
TORONTO— Canada's federal food inspection agency backtracked Thursday from its decision that wines produced in the West Bank and other areas controlled by Israeli forces should not be labeled as products of Israel. The Liquor Control Board of Ontario said the inspection agency notified wine sellers last week that it would be unacceptable to declare Israel...
LONDON, July 13- Shares in AstraZeneca fell more than 5 percent on Thursday after the company declined to deny a media report that Chief Executive Pascal Soriot was about to defect to Israel- based Teva Pharmaceutical Industries. Chief Financial Officer Eyal Desheh also resigned at the end of June. Teva's shares traded up 4 pct to 114.5 shekels in Tel Aviv.
LONDON, July 13- Shares in AstraZeneca fell more than 5 percent on Thursday after a media report said Chief Executive Pascal Soriot was about to defect to Israel- based Teva Pharmaceutical Industries. Chief Financial Officer Eyal Desheh also resigned at the end of June. Teva's shares traded up 4 pct to 114.5 shekels in Tel Aviv.