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Ari Rabinovitch

Pipeline deal brings export of Israeli gas to Egypt within sight

Sep 27 2018

JERUSALEM Companies operating in both Israel and Egypt will buy a 39 percent stake in the EMG pipeline to enable a landmark $15 billion natural gas export deal to begin next year, the partners said on Thursday.

Arison to divest controlling stake in Israel's Bank Hapoalim

Sep 04 2018

JERUSALEM U.S.-Israeli billionaire Shari Arison said on Tuesday she will sell off shares in Israel's largest bank, Hapoalim , to the public after failing to find a strategic partner to share control of the business.

Israel seeks early re-tender of mining rights to shore up Dead Sea

Aug 12 2018

EIN BOKEK, Israel The Dead Sea is shrinking at the rate of about a meter a year, leaving behind deserted beaches and sinkholes in a slow-motion environmental disaster. | Video

Teva Pharm shares sink as sales forecast disappoints market

Aug 02 2018

TEL AVIV Teva Pharmaceutical Industries on Thursday raised its profit outlook for 2018 after reporting a smaller than expected drop in second-quarter net profit, but its shares tumbled eight percent on disappointment over its unchanged revenue outlook.

Israel's Bank Leumi expects to complete credit card unit sale this year

Jul 29 2018

JERUSALEM, July 29 Israel's Bank Leumi expects to complete the 2.5 billion shekel ($685 million) sale of its credit card unit Leumi Card to Warburg Pincus by the end of the year, bank executives said on Sunday.

Israel plans to land unmanned spacecraft on moon in February

Jul 10 2018

YEHUD, Israel An Israeli non-profit group plans to land an unmanned spacecraft on the moon in February in the first landing of its kind since 2013. | Video

Israeli firm gets U.S. nod for advanced trials for non-opiate painkiller

Jul 10 2018

JERUSALEM Israeli pharmaceuticals company PainReform has received approval from the U.S. Food and Drug Administration (FDA) to begin late-stage clinical studies for a pain relief drug that is a departure from opiate-based narcotics, it said on Tuesday.

New proposals may help resolve Israel/Lebanon oil and gas dispute

Jun 05 2018

JERUSALEM New ideas proposed in U.S. back-channel mediation of an Israeli-Lebanese maritime dispute over oil and gas exploration in the eastern Mediterranean raise the prospect of a partial deal this year, Israel's energy minister said.

Cyprus, Israel seek gas-sharing formula to unlock East Med energy hub

May 07 2018

JERUSALEM/NICOSIA An ownership squabble over Cyprus' main natural gas field is threatening to delay multi-billion dollar plans to turn the eastern Mediterranean into a major energy hub.

Israel's El Al to take its row over Saudi airspace to Supreme Court

Mar 23 2018

JERUSALEM As Saudi Arabia opened its airspace for the first time to a commercial flight to Israel, El Al will take its own fight for access to Saudi airspace to the Supreme Court in Israel, officials said on Friday.

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