Private equity firm Oak Hill Capital Partners said it would buy container maker Berlin Packaging LLC for $1.43 billion from Bahrain-based investment firm Investcorp Bank BSC INVB.BH.
Israeli-company EndyMed Ltd has reached an agreement with the Chinese OHMK Medical Technology, which will acquire 47.93 million EndyMed shares (28.94 percent share capital and voting rights), for $7 million.
Egypt plans to build a new Suez Canal alongside the existing 145-year-old historic waterway in a multi-billion dollar project aimed at expanding trade along the fastest shipping route between Europe and Asia.
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.
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.
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
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.
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.
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
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.
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.
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.
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
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.
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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