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Middle East

Smoke trails are seen as rockets are launched towards Israel

Gaza death toll rises; Hamas fires rockets at Tel Aviv

An Israeli air strike on the home of Gaza's police chief killed 18 people on Saturday, Gaza's health ministry said, and Hamas fired the largest salvo of rockets yet on Tel Aviv since the start of the Jewish state's offensive in the Palestinian enclave.

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Cellcom

Israeli mobile phone co Cellcom to offer TV over Internet

Cellcom, Israel's largest mobile phone operator, said on Tuesday it will offer television services over the Internet as it seeks to look for new sources of revenue amid heavy competition in the cell phone market.

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Emerging Markets

Moody's: EMEA high-yield market remains set for another record year, as private equity IPOs continue

With high-yield bond issuance of USD13.8 billion in May, and cumulative issuance reaching USD70 billion, 2014 looks well placed to set another issuance record according to Moody's

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Turkish Flag

Turkey lifts block on access to YouTube: official

Turkey's telecoms regulator removed an official order blocking access to YouTube (GOOGL.O) from its website on Tuesday after the country's top court ruled last week that the ban was a breach of human rights.

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Newsonair.com

Iranian hackers use fake Facebook accounts to spy on U.S., others

In an unprecedented, three-year cyber espionage campaign, Iranian hackers created false social networking accounts and a bogus news website to spy on military and political leaders in the United States, Israel and other countries, a cyber intelligence firm said on Thursday.

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YouTube

Turkish telecoms watchdog says waiting on ruling to unblock YouTube

Turkish telecoms watchdog BTK said on Friday it had not yet received a ruling by Turkey's top court ordering the removal of a two-month block on video-sharing website YouTube

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Massachusetts Governor Deval Patrick

Aptima Chairman Joins Massachusetts Governor Deval Patrick on Innovation Mission to Israel

Led by Massachusetts Governor Deval L. Patrick, a delegation of top industry executives and economic development officials, including Aptima Chairman Daniel Serfaty, are visiting Israel from May 27 to May 29, 2014. The "Innovation Partnership Mission" is focused on expanding avenues of collaboration between the entrepreneurial sectors of Massachusetts and that of Israel in order to advance technology investment and job growth.

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Amit Bendov

Israel's SiSense sees surging demand for data analytics software

Business intelligence software provider SiSense said it expects sales to triple in 2014, boosted by soaring demand from small- and medium-sized businesses seeking to analyze growing amounts of data.

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RRSat Chief Executive Avi Cohen

RRsat sees video distribution market shifting to outsourcing

New technologies in digital media services and an industry shift towards outsourcing will bring strong growth opportunities in the coming years, said Avi Cohen, chief executive of Israel's RRsat Global Communications Network.

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AOL logo

AOL to invest in Israeli start-ups

AOL Inc said on Sunday it is starting a program inIsrael to assist start-ups, and that it will invest at least $100,000 in as many as 10 projects at a time. The Internet giant already has a development center in Israel, and its new project, called Nautilus, is meant to give

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Iran President Hassan Rouhani

Time to embrace the Internet, Iran president says

Iran should embrace the Internet rather than see it as a threat, President Hassan Rouhani has said, in remarks that challenge hardliners who have stepped up measures to censor the Web.

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Tvinci

Kaltura buys Israeli pay TV startup Tvinci

New York, US-based open-source video platform Kaltura bought Tel Aviv, Israel-based pay TV service startup Tvinci for an undisclosed amount to gain flexibility in the video business and grow its revenue.

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SMART Medical Systems Ltd

Domain Elite invests $6.5M to bring SMART Medical Systems' endoscopy products to China

American venture capital firm Domain Elite invested $6.5 million in Israeli endoscopy and colonoscopy products maker SMART Medical Systems to bring the latter's products to meet the demand for the said products in Greater China.

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Doha Bank

Doha Bank agrees to acquire HSBC Bank Oman

Doha Bank, a Qatar based lender, has entered into a definite acquisition agreement with HSBC Holdings Plc's HSBC Bank Oman to purchase its lending arm in India pending regulatory approvals in India, Jersey, Qatar and Oman.

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Kool Food

Abraaj picks up stake in Moroccan chocolate maker Kool Food

Dubai, United Arab Emirates (UAE)-based firm Abraaj Group picked up a stake in Casablanca, Morocco-based chocolate manufacturer Kool Food for an undisclosed amount to back the latter's international distribution plans.

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