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Business & Finance

Report: Microsoft eyes $1B investment in Israel
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Report: Microsoft eyes $1B investment in Israel

by ILH Financial Desk

Microsoft CEO Satya Nadella reportedly speaks with PM Netanyahu, detailed plans for the tech giant to massively investments in its operations in Israel.

Is this why the Palestinians don't have a robust digital economy?

Israel eyes another incentive-laden 5G frequency tender in late 2021

by Reuters and ILH Staff

As in its prior tender, heavy incentives such as government grants will be provided to cash-strapped mobile companies to participate.

'Bitcoin could hit $300,000 by end of 2021'
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'Bitcoin could hit $300,000 by end of 2021'

by Reuters and ILH Staff

Crypto entrepreneur Bobby Lee says that the volatile crypto currency started 2021 at a value of $30,000, and could hit $100,000 by this summer.

Israel's First Digital set to shake up banking services, practices

Israel's First Digital set to shake up banking services, practices

by Reuters and ILH Financial Desk

The bank, which Israel’s banking regulator approved last year, has 140 staff and has begun opening accounts and providing all banking services for a closed group of customers.

Cyprus, Israel, Greece sign deal on electric cable link

Cyprus, Israel, Greece sign deal on electric cable link

by AP and ILH Staff

The development and implementation of the EuroAsia Interconnector are an additional, key element of the emerging Eastern Mediterranean Energy Corridor.

Israeli startup's sustainable, slaughter-free meat now on the menu in Brazil
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Israeli startup's sustainable, slaughter-free meat now on the menu in Brazil

by Noga Martin/ILH Startup Editor

Rehovot-based Aleph Farms partners with Brazil's BRF to co-develop and produce cultivated meat using Aleph Farms' patented platforms.  

Abu Dhabi to increase investment in Israel's private sector

Abu Dhabi to increase investment in Israel's private sector

by Eran Bar-Tal

Head of Abu Dhabi Investment Office hails opening of Tel Aviv mission, signing of agreements with Economy Ministry as "a significant milestone on a journey to advance collaboration between our two markets in pursuit of solutions that can benefit the wider region."

US equity firm buys Israeli genealogy company MyHeritage for $600M

US equity firm buys Israeli genealogy company MyHeritage for $600M

by Inon Ben Shushan and ILH Staff

MyHeritage.com lets people test DNA and track their family lineage. It has a reported 62 million users worldwide and offers its services in 42 languages. The company's database is said to include 13 billion historical records and 58 million family trees on its platform.

Israel becomes 10th country to join Dubai-led international trade program

Israel becomes 10th country to join Dubai-led international trade program

by Gilad Zwick

"The Abrahams Accords and Israel’s connection to Dubai enable it to become a regional and global player and open new trade routes, possibilities, and business exchange," head of Federation of Israeli Chambers of Commerce says.

Fluffy and Fido can benefit from warm peace, too

Fluffy and Fido can benefit from warm peace, too

by ILH Staff

Israel's Biogal-Galed Laboratories partners with Eurovets to bring its veterinary diagnostic solutions to the Gulf states.

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