Israel: Small Country. Big Accomplishments.

e04_sarona800 Groundbreaking market opens its doors in Tel Aviv

Four years after the founding of the Sarona Market was announced at an investment of NIS 530 million, Gindi Holdings today opened the groundbreaking culinary market in Tel Aviv’s core. Seeking to “combine the old world with the new world” and inspired by famous markets such as Spain’s La Boqueria, London’s Borough Market, and two famous American markets, […]

July 28, 2015
israeli-startup-jul2015A-768x432 Microsoft, Facebook on $380m shopping spree of Israeli startups

By Viva Sarah Press, Israel21c Hot July sales in the Israeli startup arena as Microsoft, Facebook, and ironSource pay top dollar for blue-and-white technology. Microsoft’s acquisition of Israeli cloud security company Adallom for a reported $320 million was the biggest of the July deals so far. Reports say that if the deal is completed at that price, […]

July 28, 2015
medical-marijuana Medical marijuana to be distributed at Israeli pharmacies

Deputy health minister announces changes to medical cannabis industry that will allow more doctors to prescribe marijuana as medicine. Israel took a major leap on Monday when Deputy Health Minister Yaakov Litzman announced that more doctors will be able to prescribe medical marijuana to their patients, and that it will be made available at pharmacies, […]

July 27, 2015
pixelscast Adam Sandler: I always had a great connection with Israel

In his new movie ‘Pixels,’ funnyman and long-time Israel supporter is fighting to save the world from Pacman and Donkey Kong; his co-star Kevin James, who plays the US president, has some ideas on how to solve conflicts in the Middle East: ‘I would start with a siesta every day for three hours’. Remember the […]

July 27, 2015
db-teva-web2-master675 Teva Pharmaceuticals to Buy Allergan’s Generics Business

By Chad Bray, New York Times LONDON — The Israeli drug maker Teva Pharmaceuticals said on Monday that it had agreed to acquire the generic drug division of Allergan for $40.5 billion in cash and stock. The transaction, if completed, would be the latest in what has been a frenzied period of deal-making in the […]

July 27, 2015
WATCH: Tel Aviv plans to build park above Ayalon Highway

By Ilan Lior, Haaretz The $525 million project, which would also include sports centers, would only begin in a few years. The Tel Aviv authorities have approved the most ambitious municipal project in the country’s history: the enclosure of much of the Ayalon Highway, with a park and sports centers to go up above it. […]

July 24, 2015
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