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Latest Economy of Israel Stories

2014-04-08 04:22:44

HAIFA, Israel, April 8, 2014 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ and TASE: ESLT) ("Elbit Systems") announced today that it was awarded a contract in the Latin American region, in an amount of approximately $100 million, for the supply of a Homeland Security (HLS) solution. Under the contract, to be performed over an approximately one-year period, Elbit Systems will supply also a new innovative intelligence gathering system, considered to be a groundbreaking operational...

2014-04-07 08:29:27

TEL AVIV, Israel, April 7, 2014 /PRNewswire/ -- In its 3.4.2014 meeting, the Tel Aviv Stock Exchange (TASE) Board of Directors approved the launch of the TA Tech-Elite index, which will comprise the shares of the leading Technology and Biomed companies. The new index includes companies with a free float of at least 25% and a market cap of at least NIS 400 million. The minimum market cap required from IPO companies for fast track entrance into the index is set at NIS 200 million. The...

2014-03-31 04:20:25

TEL AVIV, Israel, March 31, 2014 /PRNewswire/ -- Delek Group Ltd. (TASE: DLEKG, OTCQX: DGRLY) (hereinafter: "Delek Group" or "The Group") announced today its results for the fourth quarter and full year period ended December 31, 2013. The full financial statements are available in English on Delek Group's website at: www.delek-group.com. FINANCIAL HIGHLIGHTS OF THE FULL YEAR 2013 PERIOD -- Group net income amounted to NIS 740 million, an increase of 59% compared with net income...

2014-03-30 04:20:03

HAIFA, Israel, March 30, 2014 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ and TASE: ESLT) ("Elbit Systems") announced today that it was awarded an approximately $163 million contract from a European country for the supply of defense electronic systems for ground applications. The contract will be performed over a three-year period. About Elbit Systems Elbit Systems Ltd. is an international defense electronics company engaged in a wide range of programs throughout the world. The...

2014-03-20 04:20:40

HAIFA, Israel, March 20, 2014 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ and TASE: "ESLT") ("Elbit Systems") announced today that it was awarded a contract by a customer in the Asia-Pacific region to perform a tank upgrade program. The contract, valued at approximately $290 million, will be performed over a three-year period. The upgrade program will provide the tanks with night operation capabilities by the supply of a variety of advanced systems, such...

2014-03-19 08:31:42

RAMAT GAN, Israel, March 19, 2014 /PRNewswire/ -- Between April 6-10, buyers get up to four nights of hotel rooms for free The Israel Diamond Exchange (IDE) will once again hold a US & International Diamond Week [http://www.en.isde.co.il/israeldiamondweek_apr_2014.html ], this time from April 6 to 10. Registered buyers will be offered up to four free nights in one of the event's venue hotels. More than 250 international buyers have already registered and the...

2014-03-18 12:30:52

TEL AVIV, Israel, March 18, 2014 /PRNewswire/ -- Elbit Imaging Ltd. ("EI" or the "Company") (TASE, NASDAQ: EMITF) announced today that Elbit Medical Technologies Ltd. ("Elbit Medical") (TASE: EMTC-M), a subsidiary of the Company in which it holds approximately 86% of the voting power, announced that on March 7, 2014, Gamida Cell Ltd., in which Elbit Medical holds approximately 30.8% of the voting power ("Gamida Cell"), received a non-binding proposal...

2014-03-13 16:26:03

TEL AVIV, Israel, March 13, 2014 /PRNewswire/ -- Tel Aviv, March 13, 2014, Elbit Imaging Ltd. (NASDAQ: EMITF) (the "Company") announced today that the results of the Extraordinary General Meeting of shareholders held today, Thursday, March 13, 2014, in Bnei-Brak, Israel. At the meeting, the following nominees were duly elected as members of the Company's Board of Directors: Alon Bachar, Eliezer Avraham Brender, Ron Hadassi, Shlomo Kelsi, Yoav Kfir, Boaz Lifschitz...

2014-03-08 08:20:06

Elbit Systems of America now bringing Peregrine(TM) to the Southwest Borders FORT WORTH, Texas, March 8, 2014 /PRNewswire/ -- Elbit Systems of America, LLC, announced that it has won a $145 million Firm Fixed Price contract by the United States Department of Homeland Security Customs and Border Protection (CBP) to supply its Peregrine(TM) border security system for the CBP's Integrated Fixed Tower project. The initial phase, which covers a portion of the total contract amount,...

2014-03-06 12:29:14

TEL AVIV, Israel, March 6, 2014 /PRNewswire/ -- Elbit Imaging Ltd. ("EI" or the "Company") (TASE, NASDAQ: EMITF) announced today further to the Company's announcement dated April 4, 2014, May 8, 2013 and July 2, 2013 that that the Tel Aviv District Court rejected the liquidation request of the trustees of the Company's Series B Notes. About Elbit Imaging Ltd. Elbit Imaging Ltd. operates in the following principal fields of business: (i) Commercial and...


Word of the Day
grass-comber
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'