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.
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.
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
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.
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.
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
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.
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.
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.
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.